Frequently asked questions about Westwood real estate
What is Westwood Village?
Westwood Village is the historic commercial core of Westwood, immediately south of UCLA. It is a walkable district of restaurants, theaters, shops, and small office buildings, surrounded by residential apartment and condo buildings that serve the UCLA community and the broader Westwood residential population.
What is the median home price in Westwood?
Westwood is condo-dominated, so the median depends heavily on property type. Condo medians are in the $700,000 to $1.4 million range. The few single-family homes in Westwood proper trade in the $2.5 million to $4 million range. Westwood Hills and Holmby Hills single-family homes trade significantly higher, often $5 million to $15 million.
How is Westwood different from Westwood Hills?
Westwood proper is the lower-elevation residential and commercial area south of Wilshire and around Westwood Village, dominated by condos and apartments. Westwood Hills is the residential single-family district immediately north of UCLA, with larger lots and higher price points. Holmby Hills, technically distinct, sits adjacent to Westwood Hills and contains some of Los Angeles's most expensive estate properties.
Are Westwood condos near UCLA a good investment?
For many investors, yes. Westwood condos near UCLA generate strong rental demand from graduate students, post-docs, medical residents at UCLA Health, and faculty. The trade-offs are HOA fees, building-level SB 326 compliance considerations, and a market dependent on UCLA enrollment patterns. Specific buildings vary widely in fundamentals.
What schools serve Westwood?
Westwood is in the Los Angeles Unified School District. Warner Avenue Elementary, Fairburn Avenue Elementary, and Emerson Middle are the most commonly cited public assignments. University High School is the typical high-school assignment. Many Westwood families also use private schools (Harvard-Westlake, Marymount, Curtis School). School assignment is address-based.
How does UCLA proximity affect Westwood property values?
UCLA proximity supports strong, consistent rental demand for Westwood condos and apartments, particularly for one-bedroom and two-bedroom units. It also contributes to traffic, parking pressure, and game-day disruption during football and basketball seasons. Single-family homes in Westwood Hills and Holmby Hills benefit from the UCLA proximity (strong knowledge-economy demand) without the daily campus pressure.
Are there single-family homes in Westwood?
Yes, but they are concentrated in Westwood Hills, Holmby Hills, and a smaller pocket south of Wilshire. The majority of housing inventory in Westwood proper is condo or apartment. Buyers seeking single-family detached homes in the Westwood area generally focus on Westwood Hills or look at adjacent Brentwood or Bel Air.
Who is a good Westwood real estate agent?
Gary Limjap has represented Westwood buyers and sellers for 40 years across more than 2,100 Westside transactions, with particular depth in condo buildings near UCLA, the Westwood Village area, and Westwood Hills single-family homes. Reach him at (310) 430-0818 or garylimjap@gmail.com.