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Westwood Real Estate
Your Path to a Premier LA Neighborhood
Westwood is a vibrant Los Angeles neighborhood defined by its mix of academic, cultural, and residential life. Located in parts of zip codes 90024, 90025, 90049, 90073, and 90095, it’s known for its proximity to UCLA, the historic Westwood Village, and a diverse range of housing, from luxury high-rises to single-family homes. Navigating Westwood’s unique real estate market requires the specialized expertise of The Shilian Group, whether you’re seeking a condo on the Wilshire Corridor or a family home on a tranquil street.
- Request Your Market Assessment (310) 299-7655
Navigating Diverse Markets from Westwood to Cheviot Hills
West Los Angeles is a highly desirable region, renowned for its diverse lifestyles and significant investment opportunities. Over half a dozen key zip codes form its residential landscape, including prominent areas like Westwood/Holmby Hills (90024), West LA’s dynamic core with Sawtelle (90025), and Cheviot Hills/Rancho Park (90064), each boasting vibrant communities and distinct property markets. The Shilian Group offers expertise to navigate these varied landscapes, whether seeking an iconic property, strategic investment, or maximizing your sale.
- Get Market Assessment (310) 299-7655
A Community for Every Lifestyle
Discover Westwood's Appeal
Westwood is a dynamic microcosm of Los Angeles life. Its character is shaped by key sub-districts, each with a unique flair:
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Wilshire Corridor
Known as "Millionaire's Mile," this stretch of Wilshire Boulevard is defined by luxury condominium towers with amenities and stunning views.
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Westwood Village
This historic, pedestrian-friendly hub is the social and commercial heart of the area, with unique shops, dining, and iconic movie theaters.
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North Westwood Village
Adjacent to UCLA, this dense area of multi-family housing serves primarily a youthful, energetic student population.
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Residential Enclaves
Beyond the urban core, Westwood features peaceful residential streets with elegant homes ranging in style from Spanish Colonial to Mid-Century Modern.
Westwood Real Estate: Lifestyle and Investment Insights
Westwood offers a unique urban lifestyle and a compelling real estate investment market.
Lifestyle:
Living in Westwood combines a "college town" vibe with urban amenities. Residents have immediate access to strong cultural and medical facilities, including UCLA's Hammer Museum. Westwood Village and Century City offer diverse dining, shopping, and entertainment. The community is known for its educational options and central location, with easy freeway and transit access, is attractive to professionals.
Investment:
Historically, Westwood real estate is a strong investment due to consistent demand from a diverse buyer pool. Property values vary significantly, from Wilshire Corridor condos to sprawling estates. Homeowners should be mindful of high property taxes and HOA dues. Varied housing presents different long-term costs. While the market is strong, it's sensitive to economic factors, making thorough analysis crucial.
Westwood real estate
Current Market Dynamics
As of June 2025, the Westwood real estate market is a competitive seller’s market. While median prices and sales volume are down year-over-year, homes are selling faster, signaling strong demand for well-priced properties. The market is mixed, with some sales below list and others getting multiple offers. Local expertise and a strategic approach are crucial for success.
Metric
August 2024
August 2025
Closed Sales
65
51
Average List Price
$1,689,234
$2,788,638
Average Close Price
$1,649,491
$2,708,890
Average $/SqFt
$822.02
$1,005.65
Average Days on Market
54
54
Sales Price / List Price %
98.8%
97.7%
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Closed Sales: Dropped by 21.5% (from 65 to 51), pointing to a slowdown in sales volume.
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Average Prices: List and close prices surged by over 64%, suggesting a significant jump in property values.
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Average $/SqFt: Increased by 22.3%, further confirming that prices are rising on a per-foot basis.
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Days on Market: Remained flat at 54 days, indicating the pace of sales has been consistent.
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Sales Price to List Price Ratio: Dipped by 1.1 points to 97.7%, showing that buyers have slightly more negotiating power.
Expertise for a Complex Westwood Market
Westwood real estate is multifaceted. From the high-rise living of the Wilshire Corridor to the quiet, family-friendly streets north of Wilshire, each micro-market has its own unique dynamics. That’s where The Shilian Group’s specialized insight makes a difference.
Deep Local Insight
We have a deep understanding of Westwood's sub-markets and strong track record across its key zip codes. Our insight on pricing and development gives clients a distinct advantage.
Tailored Strategies
We create strategic, property-specific plans based on our hyper-local data to ensure your home stands out. The goal is to maximize your return and reduce time on the market.
Guided Buyer Success
We act as strategic advisors for buyers, helping you find hidden value and off-market opportunities. We craft strong offers and negotiate effectively in competitive situations.
Successfully engaging with Westwood real estate requires a partner who appreciates its breadth and depth. The Shilian Group delivers this through comprehensive market knowledge, data-informed strategies, and a commitment to achieving your distinct property goals with precision and professionalism.
Ready to Define Your West Los Angeles Success?
Whether you have your sights set on a specific Westwood neighborhood or you’re weighing your options across this dynamic area, clarity starts with the right guidance. At The Shilian Group, we offer a complimentary, no-pressure consultation tailored to your real estate goals in Westwood.
Here’s what you can expect:
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A current, data-driven snapshot of the Westwood market—focused on the neighborhoods that matter most to you.
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A thoughtful conversation around your goals—whether you're buying, selling, or investing.
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Key insights and questions to consider as you navigate next steps in today’s competitive Westwood landscape.
This isn’t a sales pitch—it’s an opportunity to explore whether our specialized approach aligns with your needs. If you’re thinking about making a move in Westwood, let’s start the conversation
Premier Neighborhood Experts
Explore Los Angeles’s Premier Neighborhoods with the Expertise of Shilian Group.
BROWSE OUR CURRENT LISTINGS
Our Featured Listings
Specializing in Westside LA’s luxury real estate market, The Shilian Group offers unparalleled expertise to sophisticated homeowners navigating the purchase or sale of exceptional homes, condominiums, townhomes, and income properties in premier neighborhoods like Westwood, Beverly Hills, West LA, Santa Monica, and Pacific Palisades.
5 BD Luxury Westwood Home for Lease
- 5 bed
- 5.5 bath
- 7333 sqft
- $40,000/mo
This exquisite Cape Cod-inspired home boasts 5 bedrooms and 5.5 baths, seamlessly blending classic warmth with contemporary design and exceptional indoor-outdoor living, all within moments of LA’s most coveted destinations.
4 BD Westwood Home for Lease
- 4 bed
- 3 bath
- 2138 sqft
- $9000/mo.
Recently renovated 4-bedroom West LA home on a large, elevated lot offers a rare peaceful retreat with treetop and peekaboo city views, generously sized rooms, and a smart, flowing layout minutes from Century City.
2 BD Santa Monica Townhome for Lease
- 2 bed
- 3 bath
- 1844 sqft
- $7000/mo.
This Santa Monica townhome blends modern comfort with an unbeatable location, offering a private 2-car garage and 3 distinct outdoor spaces. Enjoy the coastal lifestyle with a suite and access to shopping, dining, and the beach.
Classic Westwood & Clear Advice
Click any question below to reveal our expert insights into buying, selling, and living in one of LA’s most celebrated and intellectual neighborhoods.
Which parts of Westwood are most walkable?
Westwood Blvd between Pico & Wilshire has grocery stores, pharmacies, and cafes. Wilshire Corridor condos are close to UCLA & Village shops, making errands easy without a car.
What are the best parks and outdoor spaces in Westwood?
Westwood Park has fields, a rec center & open space. Holmby Park has picnic spots & shaded paths. UCLA and Veteran’s Park trails offer additional dog-friendly walking routes.
What are the overnight street parking in Westwood?
Some streets need overnight permits via LADOT. Others allow parking but restrict street cleaning days. Always read signs and check with the LA Parking Permit Division for accuracy.
Property taxes in Westwood higher than in other parts of WLA?
Westwood’s property tax rate is about 1.25%, similar to much of West LA. There are no Mello-Roos taxes here, though some homes may carry added school or infrastructure assessments.
What is the current property tax rate in Westwood?
Property taxes in Westwood are around 1.25% of assessed value. This includes LA County’s base rate and local levies such as voter-approved school bonds or public safety fees.
Typical HOA fees for high-rise condos along Wilshire Corridor?
HOA fees on Wilshire Corridor range from $1,000–$5,000+ per month. They cover valet, concierge, gym, pool, security, and more. Larger units or penthouses often pay higher dues.
What are all the hidden costs of buying a Wilshire Corridor condo?
Expect move-in/out fees, elevator deposits, insurance premiums, transfer fees, and reserve contributions. Special assessments for upgrades may also apply in some buildings.
How much are closing costs on a $1.5 million home in Westwood?
Expect to spend 1–2% of the price in cash deals ($15K–$30K). Financing can raise that to 2–3%, covering escrow, title, inspections, taxes, lender fees, and other transaction costs.
Is Westwood a buyer’s or seller’s market in late 2025?
It’s a balanced market. Homes north of Wilshire move quickly due to low inventory. SFRs are in higher demand than condos, but well-priced listings in all segments can attract buyers.
What challenges do first-time buyers face in Westwood?
High prices and tight supply are the biggest hurdles. SFRs start around $2M. Studios and low-rise condos around $500K–$1M offer more affordable options for first-time buyers.
What should I check in a 1930s–1940s Westwood home?
Check electrical panels, galvanized plumbing, roof age, foundation cracks, fireplace safety, and earthquake retrofitting. Sewer scopes are also a must in older homes.
How can I make my Westwood offer more competitive?
Submit a strong pre-approval, reduce contingencies, offer a short escrow, and write a compelling offer letter. Expect bidding wars near UCLA and north of Wilshire.
What’s the difference north vs. south of Wilshire?
North of Wilshire has larger homes, tree-lined streets, and a residential vibe. South is denser with more condos and offers quick access to Pico Blvd and Century City.
Are there Mello-Roos taxes or special assessments in Westwood?
There are no Mello-Roos taxes in Westwood. However, some properties may include added costs from city bonds or school district assessments. Check the property tax bill closely.
How do I determine my home’s true value in Westwood?
Online tools provide a baseline, but a local agent who knows Westwood submarkets, like Little Holmby vs. Wilshire Corridor, can provide a more accurate valuation.
Has the Metro Purple Line affected home values?
So far, modestly. But demand is rising near the new Westwood/UCLA stop. As the Purple Line nears completion, walkability and transit access are increasing neighborhood appeal.