What's Parts of LA will be gentrified in the next decade? (Los Angeles: condos, how much)

[munchitup]

Originally Posted by genjy

I think most of Highland Park's gentrification is focused on York Blvd right now, but there are signs the blocks near the station are attracting new shops and residents. Figueroa has potential for that Sunset Junction style renewal. Give it another 5-7 years.

Yeah I agree. I find it to be the more appealing side of the neighborhood, so I guess the popularity of York is a bit baffling to me. Is it due to its proximity to Eagle Rock and Occidental?

[Dave Coe]

Originally Posted by munchitup

I wonder if it will significantly improve those marginal neighborhoods in the middle or just be like the Blue Line and improve either end of the line. Of course, I would much, much, much rather live in West Adams than Watts, and so would a lot of people, so perhaps it will be a game-changer.

The Blue Line goes through much worse areas and the expo is more significant because connects downtown to the Westside. I don't think the whole stretch will be gentrified but definitely Palms, Culver City, Expo/LA Cienega, and Expi/Crenshaw. The area in between Culver City and Crenhaw doesn't really have identify. It's mostly warehouses and some runs down single family homes.

[saybanana]

In general I always thought places that will be ripe for new gentrification are places that are adjacent to places that are gentrified or next to affluent areas. For example Highland Park is surrounded by Eagle Rock, Pasadena, South Pasadena and Mt Washington. Echo Park is next to Silverlake, Venice is next to Santa Monica and the beach. North Hollywood was next to Toluca Lake, Universal City, Studio City. Hollywood was next to West Hollywood, Hollywood Hills. Boyle Heights is next to Downtown LA. People want to live in nicer areas and if there is a cheaper area next to it, people will live as close to that area within the next streets. Back in the 80-90s the better parts of Highland Park were north of York from Occidental to Garvanza where there was little gang influence but still crime and home burglaries and stolen cars. The gangs and violence were concentrated between 110 fwy to York. When crime went down and places the boom in the early 2000s caused the bubble, Highland Park's gentrification was focused along the York corridor and homes selling the most are those north of York. Then after a few years houses south of York started selling for more and now the Fig corridor while cheaper is gaining steam as well as new businesses.

I do think Highland Park and Echo Park's gentrification is more natural and slower often replacing people and businesses but not really much of net gain or loss in population or number of total storefronts. Compared that to the hyper gentrification happening in places like Venice (Silicon Beach), or North Hollywood, Hollywood or Downtown where major developers pour hundreds of millions to Billions in investments adding thousands of new homes/apartments, thousands of square feet of retail space, with more jobs etc.

I think the places that will gentrify in the next decade naturally will be Atwater Village, Filipino Town, Boyle Heights, West LA/Sawtelle, Palms, Mid City. The places that will hyper gentrify will be Westchester/Culver City/Mar Vista because of Playa Vista Silicon beach, That area south of 10 fwy downtown next to LA Trade Tech and also just north where Santee Alley and east is.. Also Chinatown/Olvera Street/Union Station area. And last is Leimert Park/Crenshaw corridor. I really dont know what is happening in the SFV, SGV, South Bay, Long Beach, or Gateway cities.

[majoun]

Originally Posted by IM90046

West of Crenshaw:

Mid-City
Crenshaw Manor
Baldwin Hills
West Adams
Palms
West LA
Culver City
Westchester
PDR

I think the Expo to SM will be a game changer, much more so than the other light rail lines that've opened.

Culver City's already gentrified, Westchester is mostly gentrified, PDR and Baldwin Hills are already upscale neighborhoods that don't need to be gentrified (unless you mean Baldwin Village), Mid-City, West Adams and Palms are in varying stages of gentrification.

[Dave Coe]

Originally Posted by majoun

Culver City's already gentrified, Westchester is mostly gentrified, PDR and Baldwin Hills are already upscale neighborhoods that don't need to be gentrified (unless you mean Baldwin Village), Mid-City, West Adams and Palms are in varying stages of gentrification.

While the downtown and by Sony is nice much of Culver City is run down. West of the 405, Near La Cienega, and Venice Blvd. Sepulvededa and near Fox Hills Mall is bland but not terrible either.

[munchitup]

Originally Posted by saybanana

I think the places that will gentrify in the next decade naturally will be Atwater Village, Filipino Town, Boyle Heights, West LA/Sawtelle, Palms, Mid City. The places that will hyper gentrify will be Westchester/Culver City/Mar Vista because of Playa Vista Silicon beach, That area south of 10 fwy downtown next to LA Trade Tech and also just north where Santee Alley and east is.. Also Chinatown/Olvera Street/Union Station area. And last is Leimert Park/Crenshaw corridor. I really dont know what is happening in the SFV, SGV, South Bay, Long Beach, or Gateway cities.

While these areas won't "gentrify" per se, I think the areas along the future Gold Line will see increased popularity and development. Most of the line is going through run down light industrial areas that are pretty perfect for a little medium density mixed-use (plus it's right next to 210, because lets be honest nobody is going car-free in Monrovia).

I guess you could say Azusa would gentrify a bit because it is a place people consider a "bad" area.

I think you are just going to see these areas become trendy because of quick rail access to both Pasadena (where I would assume most trips on that leg of the Gold Line will terminate) and Downtown LA, and beyond (though you are starting to look at 2 hour train rides to get to places like Santa Monica, Hollywood from the end of the Gold Line).

[majoun]

Originally Posted by Dave Coe

While the downtown and by Sony is nice much of Culver City is run down. West of the 405, Near La Cienega, and Venice Blvd. Sepulvededa and near Fox Hills Mall is bland but not terrible either.

While historically west CC is the worst part of CC, it's pretty gentrified now, to the point that I'd say gentrification's complete.

Venice Blvd. in Mar Vista's fully gentrified. Palms, not yet, although gentrification's going on. Same goes for Del Rey.

[munchitup]

Originally Posted by majoun

While historically west CC is the worst part of CC, it's pretty gentrified now, to the point that I'd say gentrification's complete.

Venice Blvd. in Mar Vista's fully gentrified. Palms, not yet, although gentrification's going on. Same goes for Del Rey.

My friends live in Del Rey (near Culver Blvd) and while it is run down has quite a bit of appeal. I wish it were a little more walkable though.

[socal88]

Originally Posted by majoun

While historically west CC is the worst part of CC, it's pretty gentrified now, to the point that I'd say gentrification's complete.

Venice Blvd. in Mar Vista's fully gentrified. Palms, not yet, although gentrification's going on. Same goes for Del Rey.

It sounded like Palms was on the right track toward gentrification but a couple murders in the last several months, one of which was gang related, is a definite setback. From a health perspective, not sure why anyone would want to live there if they had a choice since it's wedged right by the 405 and the 10. The air quality must be awful.

[IM90046]

Originally Posted by majoun

Culver City's already gentrified, Westchester is mostly gentrified, PDR and Baldwin Hills are already upscale neighborhoods that don't need to be gentrified (unless you mean Baldwin Village), Mid-City, West Adams and Palms are in varying stages of gentrification.

I'm using "gentrification" somewhat loosely, Baldwin Hills, CC, Westchester & PDR are all somewhat affordable to their comparable neighborhoods and I, in my opinion, can foresee prices skyrocketing in those areas. Baldwin Hills home values seem to be around 800k and for those views that rival Hollywood Hill views prices should be in the above 1M. same thing with Westchester's proximity to the beach.