Wed Sep 8 2010 7:12 pm  

Neighborhoods-1008

Photo from Angeleno Magazine, photographed by Spencer Lowell, Michael Todd.

Article from Angeleno, a Modern Luxury magazine.By Gary Baum, Jade Chang, Marissa, Gluck, Alexis Johnson and Degen Pener.

In the August 09 issue of Angeleno magazine, staff writers report on five neighborhoods are good investments that will hold their value, even if they aren’t the talk of the town.

Mar Vista: This town is bordered by National to the north, Sawtelle to the east, Washington to the south and Walgrave to the west. Although the town is only elevated 200 feet above the surrounding areas, it offers surprising views of Santa Monica Bay and Century City. Mar Vista retains some charm with an unexplored vibe and a sense that not everything there has been carefully manicured and thought-out.

West Bel Air: You have heard of Bel Air, but its calmer neighbor West Bel Air provides a completely different atmosphere for those who want a less glamorous locale. Houses here often have large yards and beautiful views of the ocean. This neighborhood seems a bit more old-fashioned than its neighbors, and people who buy here tend to stay. Bonus: West Bel Air has its own winery, Moraga Vineyards.

Whitely Heights: Described as “physically close to and mentally far from Hollywood,” this neighborhood was a popular home to movie stars in the early 20th century. The Mediterranean- and Spanish-style houses must approve renovations through a historic preservation board, which prevents the invasion of over-the-top modern mansions, and the small-town feel fosters a sense of community.

Wilshire Corridor:  The ten-block stretch between Glendon and Comstock has over 30 luxury towers, providing the services of a hotel with the privacy of one’s own home. Buildings such as the Remington and the Californian are bringing in a younger, more urban crowd, and new features such at the Carlyle such as a yoga lawn and anti-paparazzi guards will cater to a hipper clientele.

Palisades Riviera: This neighborhood has always been home to the rich, but now the famous are starting to buy in this luxurious area. The large lots and large homes also offer beautiful views and easy-access to the Will Rogers State Park’s horse trails. This neighborhood will always be expensive, but with the housing market on the decline, the time to buy is now.

Read the full article with more details and photos in the August 09 issue of Angeleno.

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