Welcome to Highland Park
Highland Park, which borders Eagle Rock to the West and South Pasadena to the East, is a small suburb in Northeast Los Angeles. In recent years, the hipsters that often trail-blaze movement and the subsequent gentrification into less desirable areas have seized on Highland Park. Priced out of Silver Lake and Echo Park, this once working-class neighborhood with higher than normal crime rates has become a haven for the ultra-hip, analog culture. Gentrification has occurred quickly, due in part because real estate was inexpensive and flippers could rehab houses quickly. And rehab they have. Homes in Highland Park, whose real estate consists mostly of Craftsman bungalows, Victorian-era homes, and Spanish-style cottages have seen meteoric rises in values. Wanting to be ahead of the curve, many people will ask, “what neighborhood is going to be the next Highland Park?” If you would like some insights about this, please call or send an email.
Insider tip: Tinfoil: Liquor & Grocery is a fantastic liquor store selling craft beer, spirits, wine, and high-end groceries. There is also a speakeasy deli in the back selling amazing sandwiches and house-cured meats by the pound. Gain access by asking, “Do you sell birthday candles?”
Highland Park Real Estate Insights
Home values in Highland Park have spiked considerably over the last decade. In the past year alone, the median home price has risen by 9.5% to $799,000 with a median price per square foot that has risen by 20.4% to $571. Compared to 2013, when the median home price was $400,000, the Highland Park real estate market is still very hot. Even with a 100% increase in home values in just five years, the numbers keep going up.
People and Lifestyle
The neighborhood, which sits low against the backdrop of the San Gabriel Mountains, hides a wonderful mixture of cultures. New neighbors of all ages and families that have lived in Highland Park for generations, coexist well, creating a very rich fabric that supports its diverse community. Along the neighborhood’s York Boulevard, you will find a great mixture of restaurants, bars, and coffee houses with the occasional record shop, vintage clothing boutique, and barbershop that has been there from the start. Residents enjoy a sense of community in a place that is at once grungy and elegant. To say that Highland Park is “hip” is an understatement. Fashion trends start here. Great music is discovered here. And amazing food is served in its many establishments.