Central LA Neighborhood Guide
Hancock Park, Larchmont and Miracle Mile
Hancock Park, Windsor Square, Larchmont, Beverly Grove, Miracle Mile, Carthay and Mid-Wilshire, with what homes actually sold for
Free Buyer’s GuideFree Seller’s GuideCentral LA is where the city’s classic 1920s neighborhoods sit between the Westside and Hollywood. Hancock Park and Windsor Square have the big Tudor, Spanish and Colonial Revival houses on wide lots, with Larchmont Boulevard’s shops a short walk away. Miracle Mile and Beverly Grove pack in Spanish duplexes and smaller houses close to Museum Row, The Grove and Cedars-Sinai, and Mid-Wilshire adds condos and some of the most affordable entry points in the area.
All of it is in the City of Los Angeles, and much of it is covered by historic preservation overlay zones. This guide uses the last 12 months of MLS sales and leases so you can see values street by street and pocket by pocket.
Updated October 2026
Hancock Park, Windsor Square, Larchmont, Beverly Grove, Miracle Mile, Carthay and Mid-Wilshire (City of Los Angeles), last 12 months, houses and condos priced $450,000 and up. Source: TheMLS, October 21, 2026. Details in the market snapshot below.
Central LA market snapshot
Over the last 12 months, 467 homes sold across these neighborhoods at a median of about $1.72 million. Houses were the stronger market: 325 sold at a median of about $2.09 million in a median of 26 days, with about 5.8 months of supply. Condos were slower, at about 9 months of supply. Overall, about 44% of listings that came off the market sold.
What happened to every listing
598 homes came off the market without selling. 404 of them (68%) came back with a new listing, and only 139 of those sold.
How fast homes sell, and for how much
Homes that sold in the first 30 days averaged 100.4% of asking. After 120 days, about 95%.
Houses vs. condos
Central LA houses sell for about $925 a square foot, condos about $615.
Hancock Park, Windsor Square, Larchmont, Beverly Grove, Miracle Mile, Carthay, Mid-Wilshire and nearby blocks in the City of Los Angeles (TheMLS areas Hancock Park-Wilshire, Beverly Center-Miracle Mile, Mid-Wilshire and Koreatown), houses and condos priced $450,000 and up, October 21, 2025 to October 21, 2026. Sold counts exclude sales recorded off the MLS. “Relisted” means a listing was canceled, expired or withdrawn and the same home was listed again during the period; a home relisted more than once counts each time. Information deemed reliable but not guaranteed.
| Last 12 months | Sold | Median price | Median $/sq ft | Median days | Sale-to-list | Listings that sold | Months of supply |
|---|---|---|---|---|---|---|---|
| Houses | 325 | $2,088,200 | $925 | 26 | 97.8% | 47% | 5.8 |
| Condos | 142 | $832,750 | $613 | 39 | 98.0% | 38% | 9 |
| All homes | 467 | $1,718,000 | $801 | 29 | 97.8% | 44% | 6.8 |
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Central LA values, street by street
Most house streets here sold for medians between about $1.5 million and $3 million. In Beverly Grove, Lindenhurst, Drexel, Flores and Colgate ran from about $2.4 million to $2.9 million, and North Laurel reached about $3.6 million. In the Hancock Park area, Irving and Arden came in around $1.5 million to $2.1 million, while South Hudson Avenue, in the heart of Hancock Park, sold for a median of about $7 million.
Median house price by street
Median of house sales of $450,000 and up, last 12 months, streets with four or more sales within one area. Streets that run through several areas are split by area.
Condos ranged from about $565,000 on 5th Avenue south of Wilshire to about $1.27 million on North Swall Drive in Beverly Grove. Rossmore and Westminster in the Hancock Park area sold for about $680,000 to $870,000, and Arnaz Drive, near the Beverly Center, came in right around $1 million.
Median condo price by street
Median of condo sales of $450,000 and up, last 12 months, streets with four or more sales within one area.
Renting in Central LA
1,078 leases were signed across these neighborhoods over the last 12 months, at a median of about $3,625 a month, and a little over half of the rentals that came on the market leased. Rents follow the same map as prices: Beverly Grove had a median of about $4,950, Miracle Mile about $4,300, and Mid-Wilshire about $2,795, where most rentals are apartments and condos. Many older buildings here fall under the City of Los Angeles Rent Stabilization Ordinance, which generally covers units built before October 1978, so check the rules before you buy an income property.
Median rent by bedrooms
Leases in the same areas, last 12 months. Source: TheMLS.
Central LA at a glance
| Central LA | |
|---|---|
| Jurisdiction | City of Los Angeles |
| Neighborhoods | Hancock Park, Windsor Square, Larchmont, La Brea-Hancock, Beverly Grove, Miracle Mile, Carthay, Brookside, Fremont Place, Wilshire Park, Country Club Park and Mid-Wilshire |
| ZIP codes | Mainly 90004, 90019, 90020, 90036 and 90048 |
| Homes | 1920s and 1930s Tudor, Spanish and Colonial Revival houses, Spanish-style duplexes, and condos from the 1960s to today |
| Median sale price | Houses $2,088,200. Condos $832,750 |
| School district | Los Angeles Unified |
| Transfer tax | $5.60 per $1,000 (city and county combined), plus Measure ULA on sales above $5.4 million |
| Historic districts | Hancock Park, Windsor Square, Miracle Mile, Carthay Circle, South Carthay, Wilshire Park, Windsor Village and Country Club Park are HPOZs |
Central LA, area by area
Hancock Park, Windsor Square and Larchmont
Between Highland and Van Ness, from Melrose down to Wilshire. Hancock Park and Windsor Square have the largest lots and the grandest houses in Central LA, and Larchmont Village, north of Beverly, has smaller houses within a few blocks of the Larchmont Boulevard shops. 70 houses sold at a median of $3.1 million, about $1,076 a square foot, from about $1.1 million to $16.5 million, in a median of 21 days. Hancock Park and Windsor Square are both historic preservation overlay zones, so exterior changes go through design review.
La Brea-Hancock
The blocks between La Brea and Highland, north of Wilshire, on streets like Orange, Citrus, Mansfield and Highland itself. 25 houses sold at a median of about $1.82 million, and they moved fastest of any pocket here, in a median of 17 days.
Beverly Grove
West of Fairfax and north of Wilshire, close to Cedars-Sinai, the Beverly Center and the shops on Third Street. 65 houses sold at a median of about $2.64 million, about $1,000 a square foot, on streets like Lindenhurst, Drexel, Flores, Colgate and Laurel, with about 4.6 months of supply. 45 condos sold at a median of about $1.01 million, but condo supply was much higher, at about 11 months.
Miracle Mile and Fairfax
From Fairfax to La Brea on both sides of Wilshire, including Museum Row, Park La Brea, The Grove and the Original Farmers Market. 67 houses sold at a median of about $2.1 million in a median of 24 days, and the 39 that sold in their first month averaged 101.9% of asking. Supply was about 4.1 months, one of the tightest in the area.
Carthay and Picfair
South of Wilshire and west of Fairfax, including Carthay Circle and South Carthay, plus the blocks south of Olympic toward Pico. Mostly 1920s and 1930s Spanish houses. 24 houses sold at a median of about $1.81 million, in a median of 23 days, with about 4 months of supply.
Brookside, Fremont Place, Wilshire Park and Country Club Park
South of Wilshire between Highland and Western, from the gated streets of Fremont Place to the Craftsman and Spanish houses of Wilshire Park and Country Club Park. 38 houses sold at a median of about $1.54 million, from about $800,000 to $8.55 million. Only about a third of listings sold, but the 22 houses that sold in their first month averaged 104.1% of asking, so well-priced homes still drew a crowd.
East of Van Ness
North of Wilshire between Van Ness and Western, including Ridgewood-Wilton and St. Andrews Square. 19 houses sold at a median of about $1.33 million, a lower entry point to the Hancock Park area.
Mid-Wilshire
The condo and apartment blocks along and around Wilshire toward Koreatown. 36 condos sold at a median of about $662,500, the most affordable way into Central LA, while the 17 houses that sold took longer, with about 15 months of supply.
Where I eat around Hancock Park and Larchmont
A few places I keep going back to.
Sandwiches
Larchmont Village Wine, Spirits and Cheese
223 N. Larchmont Blvd.
A wine and cheese shop with a sandwich counter that draws a line at lunch. The homemade tuna with Emmental sells out most days.
Jewish deli
Mish
127 S. La Brea Ave.
Eric Greenspan's new take on the Jewish deli. Start with the Reuben, built on spiced pastrami fried in schmaltz, and the matzah ball soup.
Pizza
Apollonia's Pizzeria
5176 Wilshire Blvd.
A small Mid-Wilshire pizzeria with thin, crispy pies. Ask about the thick square pie, which feeds a crowd.
Buying and selling: what to know
Houses in Central LA sold quickly when they were priced right: the median house took 26 days, and homes that sold in their first 30 days averaged 100.4% of asking. Condos gave buyers more room, with about 9 months of supply. If you are buying in an HPOZ, factor in the design review for any exterior changes, and in older condo buildings read the HOA documents, reserve study and minutes before you commit.
For sellers, about 44% of listings that came off the market sold, and of the 598 that came off without selling, 404 were relisted and only 139 of those sold. The first few weeks matter most, so the price, the prep and the photos need to be right on day one.
What is your home worth?
Tell me the address and I will send you a value based on recent sales on your street, not an online estimate.
Schools
Central LA is served by Los Angeles Unified. Third Street Elementary and John Burroughs Middle School serve much of Hancock Park and the surrounding blocks, and the area also has a number of well-known private and charter schools. Assignments depend on the address, so confirm the attendance area for any specific home.
Getting around
Wilshire, Beverly, Third Street and Melrose run east-west, and La Brea, Fairfax, Highland and Rossmore run north-south, with Hollywood just north and Beverly Hills just west. Metro's D Line extension opened in May 2026 with stations at Wilshire and La Brea, Wilshire and Fairfax, and Wilshire and La Cienega, connecting the area to Koreatown and downtown. The 10 freeway is a short drive south.
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Questions buyers and sellers ask
What is an HPOZ, and does it affect my house?
A Historic Preservation Overlay Zone is a City of Los Angeles historic district. Hancock Park, Windsor Square, Miracle Mile, Carthay Circle, South Carthay, Wilshire Park, Windsor Village and Country Club Park all have one. Exterior changes visible from the street, like windows, additions and some landscaping, go through a design review, so check the rules before you plan a remodel.
Is there a transfer tax in Hancock Park and Miracle Mile?
Yes. These neighborhoods are in the City of Los Angeles, so the combined city and county rate applies: $5.60 per $1,000 (city and county combined), plus Measure ULA on sales above $5.4 million.
Which pocket is the most competitive?
Houses in Miracle Mile, Carthay and Beverly Grove had the tightest supply over the last 12 months, about 4 to 4.6 months, and La Brea-Hancock houses sold fastest, in a median of 17 days. Mid-Wilshire houses and Beverly Grove condos were the slowest, with more than 10 months of supply.
Is Central LA a buyer's market?
It depends on the property. Houses had about 5.8 months of supply and sold fast when priced right, which is closer to balanced. Condos had about 9 months of supply, which gives buyers more room to negotiate.
Can historic homes here get a property tax break?
Owners of qualifying historic homes in the City of Los Angeles can apply for a Mills Act contract, which can lower property taxes in exchange for maintaining and restoring the house. The city accepts applications once a year, so ask about it early if you are buying a historic home.
Are parts of Miracle Mile in a methane zone?
The City of Los Angeles maps methane zones and methane buffer zones, and you can look up any address on ZIMAS, the city's zoning map. New construction and major additions in those zones need a methane mitigation system, which adds cost to a build, so check before you plan one. Parts of Miracle Mile, near the La Brea Tar Pits, are in mapped methane areas.
Is my building rent controlled?
In the City of Los Angeles, the Rent Stabilization Ordinance generally covers buildings with two or more units that got their certificate of occupancy on or before October 1, 1978. Single-family houses and condos are usually exempt from the rent cap under state law, though tenant protections still apply. Check the building's permit history before you buy an income property.
Nearby areas
Thinking about Hancock Park or Miracle Mile?
Whether you are buying a Spanish duplex in Miracle Mile or selling a house in Hancock Park, I will walk you through the block, the HPOZ rules and the numbers. Email BeRossHomes@Gmail.com or call or text (818) 424-1675.
