SOUTH CENTRAL LOS ANGELES
South Central Los Angeles is the blanket term for a large area of the city whose boundaries are loosely identified by the 10 freeway to the north, La Cienega Boulevard to the west, 105 Freeway to the south and Alameda Street to the east. South Central encompasses the neighborhoods of Adams, Athens, Baldwin Hills, Broadway-Manchester, Central Alameda, Chesterfield Square, Exposition Park, Florence, Gramercy Park, Green Meadows, Harvard Park, Florence-Firestone, Historic South Central, Hyde Park, Jefferson Park, Leimert Park, Manchester Square, Nevin, South Park, University Park, Vermont Knolls, Vermont Square, Vermont Vista, Vermont - Slauson, View Park - Windsor Hills, Watts and West Adams.
South Central is the home of the University of Southern California founded in 1880. This wealthy, influential private university spawned much of the development in this area. Home of the "Trojans", USC has enjoyed great success in both academics and athletics. Exposition Park, next to USC, was the host of the 1932 and 1984 Olympic games and is the home of the LA Raiders at the Coliseum. South Central was mostly a clean middle class neighborhood housing many defense industry and manufacturing workers until the 1970s. By the end of the 70s many of the manufacturing and defense companies had relocated and the area was struck with high unemployment which led to hard times in the 80s and 90s. By the early 2000s South Central was largely cleaned up although its image still suffered from association with Gangster Rap and the LA Riots of 1992. Today South Central is one of the the best areas for Real Estate Investment in Los Angeles. House flipping since the real estate crash of 2008 has been consistently profitable for investors. Multi unit buildings here have the best rates of return of any area of the city and the lowest costs of entry. I have over a decade of experience in South Central and I can show you the path to profit in this fertile land of opportunity. |
LA Times: City Profile, Crime, and Schools
|