Considering a home purchase in Los Angeles? These neighborhoods are gaining steam in the real estate world.
According to an analysis from nonprofit newsroom Crosstown, West Adams has experienced the largest growth in property value in L.A. over an eight-year period — and it’s not close.
The historic, centrally located area is nestled just south of the 10 Freeway and west of the 110, saw property values increase by 107% between 2016 and 2024, Crosstown found.
“The West Adams district has become very, very popular over the past three to four years,” probate specialist Demetrius Green told Crosstown.
The next largest property value growth rates were as follows:
| NEIGHBORHOOD | PROP. VALUE INCREASE |
| Elysian Valley | 86% |
| Lake Los Angeles | 84.5% |
| Century City | 84.4% |
| Exposition Park | 84.4% |
| Mid-City | 81.4% |
| Baldwin Hills-Crenshaw | 81.4% |
| Fairfax | 79.4% |
| Hidden Hills | 79.2% |
| Harvard Heights | 78.8% |
| Leimart Park | 78.8% |
The rising rates are great for current homeowners, Crosstown notes, but is bad for renters. Landlords are using the soaring housing value as a reason to raise rent, and the housing crisis is only growing, experts say.
“Market-rate housing is coming in at a time when we could use far more extremely low-income housing, multi-family housing,” Jimmy “J.T.” Recinos of “The Jimbo Times” told Crosstown. “I’ve seen the way that families have just left the neighborhood all together.”
