Westwood Condos for Sale
Home Listings Westwood Condos for Sale
Menu
So, you’ve finally decided to make your move into the heart of Los Angeles’ most coveted neighborhood. Westwood beckons with its blend of academic prestige, cultural richness, and that undeniable LA glamour. But let’s face it: finding the perfect condo in this competitive market can feel like trying to snag front-row seats at a sold-out Bruins game.
The challenge? Navigating through a sea of listings, each promising to be the one, while juggling your sky-high expectations with the reality of your budget. It’s enough to make even the most determined homebuyer want to throw in the towel and settle for a cramped studio in Van Nuys.
But fear not, intrepid property seeker! We’re about to embark on a journey through Westwood’s condo landscape that will arm you with insider knowledge, market insights, and a dash of that Knight Group LA swagger. By the time you’re done reading, you’ll be ready to outsmart, outbid, and outmaneuver your way into your dream Westwood home.
Here’s what we’ll cover:
– The current state of Westwood’s condo market (spoiler: it’s hotter than a Diddy White Party)
– Hidden gems and up-and-coming areas that even locals might have missed
– Strategies to win in multiple offer situations (because in Westwood, it’s not just about money—it’s about finesse)
– A deep dive into what makes Westwood living truly unique (hint: it’s more than just proximity to In-N-Out)
Plus, we’ll throw in some free nuggets of wisdom that could save you thousands on your purchase. Because at The Knight Group LA, we’re all about making your move—and making it count.
Ready to turn your Westwood dreams into an address? Let’s dive in.
Picture this: You’re standing on your balcony, sipping a latte from the artisanal coffee shop downstairs, watching the sunrise paint the UCLA campus in golden hues. This isn’t some far-off fantasy—it’s just another Tuesday morning when you own a condo in Westwood.
Westwood’s condo market is as diverse as the neighborhood itself. From sleek, modern high-rises with views that stretch to the Pacific, to charming pre-war buildings with more character than a Wes Anderson film—there’s something for every taste and budget. Well, almost every budget. Let’s be real: this is prime LA real estate we’re talking about.
But here’s the kicker: despite the premium location, Westwood condos often offer more bang for your buck than you might expect. Why? Because while everyone’s busy fighting over single-family homes in Beverly Hills, savvy buyers are snagging spacious condos for sale in los angeles county for a fraction of the price.
According to recent data from Zillow, the median price for condos in Westwood is $925,000, which is actually lower than the median price for single-family homes in the area. This price point gets you an average of 1,200 square feet of living space, often with amenities that would cost a fortune in other high-end neighborhoods.
Owning a Westwood condo isn’t just about having a place to rest your head—it’s about buying into a lifestyle. It’s about being able to roll out of bed and into a world-class museum, or having your pick of Michelin-starred restaurants for a casual Tuesday night dinner.
But let’s talk brass tacks. When you buy a condo in Westwood, you’re not just getting square footage—you’re getting:
And let’s not forget the intangibles. There’s a certain je ne sais quoi about telling people you live in Westwood. It’s like saying you summer in the Hamptons, but with better weather and fewer seersucker suits.
A study by UCLA’s Ziman Center for Real Estate found that properties within a one-mile radius of the university have appreciated at a rate 1.5 times higher than the Los Angeles average over the past decade. That’s not just a home—it’s a high-performing asset.
Now, I know what you’re thinking: This all sounds great, but how do I actually find this mythical perfect condo? Well, my friend, that’s where the real fun begins.
Finding your ideal Westwood condo is part science, part art, and part sheer determination. It’s about knowing which buildings have the best soundproofing (because let’s face it, college towns can get rowdy), which have the most forgiving HOA policies for your cherished fur babies, and which are likely to appreciate faster than you can say bidding war.
But here’s a little insider tip: the best condos in Westwood often never hit the public market. They’re snapped up through whisper listings and private networks faster than you can double-tap an Instagram post. That’s where having a connected agent (ahem, like those of us at The Knight Group LA) can make all the difference.
Remember, in Westwood, it’s not just about having the biggest budget—it’s about having the right strategy, the right connections, and the right timing. And maybe a little bit of that famous LA luck.
Consider this case study: Last year, we helped a client secure a 2-bedroom condo in the coveted Wilshire Corridor before it even hit the market. How? We knew the seller was relocating for work and needed a quick, hassle-free sale. Our client got the condo for $50,000 under market value and avoided a bidding war. That’s the power of insider knowledge.
Stepping into Westwood is like entering a small town that somehow got plopped down in the middle of one of the world’s biggest cities. It’s a place where the barista at your local coffee shop knows your order by heart, where you’re likely to bump into a famous actor at the farmer’s market (act cool, they’re just people too), and where the sense of community is as strong as the Wi-Fi signal at the local library.
The heart of Westwood beats with a rhythm all its own. It’s a syncopated blend of student energy, professional ambition, and laid-back California cool. On any given day, you might find yourself debating philosophy with a UCLA professor at a sidewalk café, or getting style tips from a fashion student as you both wait in line for the latest blockbuster at the iconic Fox Theater.
According to a recent survey by the Westwood Village Improvement Association, 87% of residents reported feeling a strong sense of community, with 92% stating they regularly patronize local businesses. This isn’t just a neighborhood—it’s a tight-knit family.
Living in a Westwood condo means having access to amenities that would make even the most jaded New Yorker raise an eyebrow. We’re talking:
But the real amenity? The neighborhood itself. Westwood is like a choose-your-own-adventure book, but every choice leads to something awesome. Want culture? The Hammer Museum has you covered. Craving nature? Holmby Park is your oasis. Need retail therapy? Westwood Village is calling your name.
A study by Walk Score gave Westwood a walkability score of 87 out of 100, dubbing it a Walker’s Paradise. You’re not just buying a condo; you’re investing in a lifestyle where everything you need is just a stroll away.
Imagine waking up in your sun-drenched Westwood condo. You start your day with a jog through the UCLA campus, marveling at the Romanesque Revival architecture as you work up a sweat. Post-run, you grab a green juice from Kreation Organic (because this is LA, after all) before heading back to your condo for a quick shower.
As you step out onto Westwood Boulevard, the energy is palpable. Students rush to class, professionals power-walk to meetings, and tourists meander, taking in the sights. You might grab lunch at Diddy Riese (because sometimes you just need a cookie sandwich), then spend the afternoon working from a chic café, your laptop open but your eyes occasionally drifting to people-watch.
As evening falls, you have options. Maybe it’s a film at the Regency Village Theater, followed by drinks at the W Hotel’s rooftop bar. Or perhaps it’s a quiet night in, ordering from one of Westwood’s countless delivery options and enjoying the sunset from your balcony.
This isn’t just a lifestyle—it’s your life, when you make your move to a Westwood condo.
According to Yelp data, Westwood boasts over 200 restaurants within a one-mile radius, ranging from casual eateries to fine dining establishments. You could eat at a different place every day for more than six months without repeating!
Nestled in the heart of Los Angeles’ Westside, Westwood is like that overachieving friend who’s good at everything. It’s got the academic cred of being home to UCLA, the cultural cache of housing some of LA’s best museums and theaters, and the lifestyle perks of being minutes from both the beach and the urban jungle.
Geographically speaking, Westwood is bordered by Bel-Air to the north (yes, that Bel-Air), Holmby Hills to the east (where the houses make Bel-Air look quaint), Century City to the southeast (for when you need a dose of skyscrapers), and Brentwood to the west (in case you want to rub elbows with more celebrities per square foot than anywhere outside of an awards show).
But Westwood isn’t just about its fancy neighbors. It’s a powerhouse in its own right, with a distinct personality that’s part intellectual haven, part cultural hotspot, and all California cool.
According to City-Data, Westwood spans approximately 3.7 square miles, packing more punch per square inch than a triple espresso. It’s home to about 50,000 residents, a number that swells significantly when UCLA is in session.
Living in Westwood means having some of LA’s best attractions right in your backyard. We’re talking:
And let’s not forget the UCLA campus itself. Even if your college days are long behind you, the campus is a beautiful place to stroll, catch a sports game, or attend one of the many public lectures and events.
The Hammer Museum alone hosts over 300 public programs each year, from lectures to screenings to workshops. That’s nearly one event per day, right in your backyard. Talk about cultural enrichment on tap!
One of Westwood’s best-kept secrets is its accessibility. Despite feeling like a world unto itself, Westwood is surprisingly well-connected to the rest of LA. Here’s the scoop:
And for those times when you need to jet off to exotic locales (or just visit your parents in Ohio), LAX is a quick 20-minute drive away. That’s assuming no traffic, of course. But hey, that’s what ride-shares are for, right?
According to LA Metro, the upcoming Purple Line extension will cut travel time from Westwood to Downtown LA to just 25 minutes. That’s faster than you can finish an episode of your favorite sitcom!
If the Westwood condo market were a Hollywood starlet, it would be that perennial A-lister who never seems to age and is always in demand. In other words, it’s Jennifer Aniston.
Current trends show that Westwood condos are like the cool kids at school—everyone wants to be friends with them. We’re seeing:
But here’s the thing: while the market is competitive, it’s not impossible. With the right strategy (and the right agent—wink, wink), you can still find great value in Westwood.
According to data from Realtor.com, the median days on market for Westwood condos is just 30 days, compared to the Los Angeles average of 55 days. In real estate terms, that’s faster than a Hollywood romance!
Westwood’s real estate journey is like a Hollywood success story. It started as a humble development in the 1920s, became a bustling village in the ’30s and ’40s, and hit its stride as a cultural and intellectual hub in the latter half of the 20th century.
Through it all, Westwood’s condo market has shown remarkable resilience. Even during market downturns, Westwood tends to weather the storm better than most. Why? Location, location, location—and did we mention UCLA?
The presence of a world-class university provides a steady stream of demand, whether from students, faculty, or those who just want to be close to the action. It’s like having an insurance policy for your property value, but with better parties.
A historical analysis by the UCLA Ziman Center for Real Estate shows that during the 2008 financial crisis, Westwood property values declined by only 11%, compared to the LA County average of 25%. That’s what we call resilience!
If we had a real crystal ball, we’d be using it to predict lottery numbers. But based on market trends and our extensive experience, here’s what we see in Westwood’s future:
But remember, real estate is always local. While these broad trends are important, the key is understanding the micro-markets within Westwood. That’s where having a knowledgeable local agent (ahem, like us) can make all the difference.
The bottom line? If you’re thinking of buying a condo in Westwood, the time to act is now. Because in this market, hesitation is just another word for sorry, that property is no longer available.
Freddie Mac’s latest forecast predicts a 6.6% increase in home prices nationally for 2023. Given Westwood’s desirability, we expect local appreciation to outpace this national average.
Q: What’s the average price of a condo in Westwood?
A: Ah, the million-dollar question—sometimes literally. As of 2023, the median price for a Westwood condo hovers around $900,000. But remember, that’s just the median. You can find cozy studios for less, or splurge on a penthouse that costs more than some small countries’ GDPs. It’s all about finding that sweet spot between your champagne tastes and your beer budget.
According to Redfin, as of August 2023, the price range for Westwood condos spans from $500,000 for a studio to over $3 million for luxury units. The price per square foot averages around $850, but can go up to $1,200 for high-end properties.
Q: Are Westwood condos a good investment?
A: Is the Pope Catholic? Does a bear… well, you get the idea. Westwood condos have historically been solid investments, thanks to the area’s desirability, the presence of UCLA, and the limited supply of new developments. But remember, real estate is always a long game. If you’re looking to flip a property faster than a short-order cook flips pancakes, you might want to look elsewhere.
A 10-year analysis by Zillow shows that Westwood property values have appreciated by an average of 5.8% annually, outpacing the national average of 3.9%. That’s the kind of steady growth that makes financial advisors smile.
Q: What amenities can I expect in a Westwood condo?
A: Westwood condos run the gamut from nice to is this real life? On the basic end, you can expect things like secure entry, parking, and maybe a shared pool or gym. On the luxury end? Think concierge services, private elevators, rooftop lounges with panoramic views, and wine cellars that would make a sommelier weep with joy. Just remember, the fancier the amenities, the heftier the HOA fees.
The Wilshire Corridor, often called the Golden Mile of Westwood, features buildings with amenities like 24/7 valet, private wine storage, and even pet grooming services. It’s not just a home; it’s a five-star resort experience.
Q: Speaking of HOAs, what’s the deal with those in Westwood?
A: Ah, HOAs—the necessary evil of condo living. In Westwood, HOA fees can range from a couple hundred bucks a month to maybe I should have bought a yacht instead. But before you balk at the costs, remember what you’re getting: maintenance, security, and the ability to use my building has a concierge in casual conversation. Just be sure to read the fine print—some HOAs have more rules than the DMV handbook.
According to our internal data at The Knight Group LA, HOA fees in Westwood typically range from $400 to $1,500 per month, with luxury buildings on the higher end. These fees often cover utilities, building maintenance, and amenities like gyms and pools.
Q: Is it hard to get a mortgage for a Westwood condo?
A: Getting a mortgage for a Westwood condo isn’t rocket science, but it might feel like it sometimes. Lenders love Westwood’s stability, but they’ll scrutinize everything from your credit score to your childhood pet’s name. And if you’re looking at a building with a high percentage of renters or students, be prepared for some extra hoops to jump through. But don’t worry—with the right team (hint: that’s us), you’ll be signing on the dotted line before you know it.
Fannie Mae guidelines require that at least 50% of the units in a condo project be owner-occupied for the building to be eligible for conventional financing. This can sometimes be a challenge in areas with high student populations, like Westwood.
Q: What’s the rental market like for Westwood condos?
A: If you’re thinking of buying a Westwood condo as an investment property, you’re not alone. The rental market here is hotter than a jalapeno margarita, thanks to the constant influx of students, young professionals, and people who just want to say they live in Westwood. Just be prepared for the possibility of tenant turnover that’s faster than the latest TikTok dance craze.
According to RentCafe, the average rent for a Westwood apartment is $3,786 as of 2023, which is 58% higher than the Los Angeles average. The vacancy rate hovers around 3%, indicating a highly competitive rental market.
Remember, these are just general answers. For specifics tailored to your situation, give us a call. We’re always happy to chat, even if you just want to debate the merits of North vs. South Westwood. (Spoiler: they’re both great, but for different reasons.)
Now that we’ve covered the basics, let’s wrap this up with a bang.
The Knight Group LA isn’t just about selling you a condo—we’re about helping you make your move into the lifestyle you’ve always dreamed of. Westwood isn’t just a location; it’s a statement. It’s saying, I’ve arrived, and I’ve got impeccable taste in neighborhoods.
Embarking on a property search akin to a treasure hunt, each click unravels the tapestry of possibilities. The search isn’t just a mere quest; it’s a personalized journey through architectural narratives, neighborhood nuances, and the pulse of a city’s heartbeat. Every keystroke reveals a spectrum of homes, each with its own story waiting to be discovered. It’s not merely a search; it’s a curated exploration of lifestyles and possibilities, guided by the rhythm of one’s aspirations. Let your curiosity run wild as you explore these similar custom searches.
So, are you ready to make your mark in one of LA’s most coveted communities? Ready to wake up to views of the UCLA campus, spend your weekends gallery-hopping, and casually name-drop your Westwood address at parties?
The Westwood condo market waits for no one. While you’re reading this, someone else might be signing on the dotted line for your dream home. Don’t let FOMO be your real estate strategy.
Make your move. Contact The Knight Group LA today, and let’s turn your Westwood dreams into your Westwood address. Because in the end, life’s too short for mediocre real estate—and Westwood is anything but mediocre.
Contact us now to start your Westwood condo journey. Your future self will thank you for making the smartest real estate decision of your life.
Looking for other great neighborhoods? Check out our listings for century city condos for sale, hollywood hills condos, beverly hills condos for sale, and condos for sale in studio city. We’ve got the inside scoop on all the best los angeles condos the city has to offer!
Find all the Westwood condos for sale. Westwood immerses you in the vibrant heart of Los Angeles’ Westside. This neighborhood is synonymous with the prestigious UCLA campus and its rich academic culture. Residents enjoy a fusion of intellectual stimulation and urban convenience, with proximity to renowned museums like the Getty Center, theaters, upscale shopping, and a diverse culinary scene. The condo lifestyle in Westwood offers the perfect blend of academic excellence and cosmopolitan living, making it an ideal choice for those seeking a dynamic yet refined community.
For more information about Condos in Westwood, simply click on the individual properties below to view their full description. The homes displayed are sorted by price high-to-low. To schedule a showing, please contact us. And, if you haven’t already, be sure to register for a free account so that you can receive email alerts the moment that new Westwood Condos come to market.
Don’t forget to save this page for the freshest Westwood Condo listings. We’re constantly updating this page with the latest real estate offerings, straight from the MLS, so you won’t miss out on any opportunities. Each listing comes complete with essential details like pricing, construction year, square footage, lot size, the number of bedrooms and bathrooms, and more. And when you’re ready to explore further, you can easily schedule a tour right from the listing. Additionally, we provide insights into the property’s neighborhood, local schools, and similar real estate options when available, making your search even more comprehensive.
Navigating the condo market? Reach out to our Westwood Realtors, the quintessential LOCAL authorities who decode home intricacies and unveil neighborhood secrets. Selling in Westwood? Our listing agents deliver historical data, real-time market insights, and proven strategic marketing, ensuring swift, optimal home transactions. Your journey starts here.
