Westwood Income Properties

Westwood is a neighborhood in the northern central portion of the Westside of Los Angeles. It is the home of the University of California, Los Angeles (UCLA).

Westwood is bordered by Brentwood on the west, Bel-Air on the north, Century City and Beverly Hills on the east, West Los Angeles on the southwest, Rancho Park on the southeast, and Sawtelle on the south and southwest. The district's boundaries are generally considered to be Olympic Boulevard on the southeast, the city limits of Beverly Hills on the northeast, and Sunset Boulevard on the north; its southwestern boundary is the San Diego Freeway between Olympic and Wilshire boulevards, and Veteran Avenue between Wilshire and Sunset.

History

Westwood was developed on the lands of the historic 'Wolfskill Ranch', a 3,000-acre parcel that was purchased by Arthur Letts, the successful founder of The Broadway, and Bullock's department stores, in 1919. Upon Arthur Lett's death, his son-in-law, Harold Janss, vice president of Janss Investment Company, inherited the land and developed the area and started advertising for new homes in 1922.

The Los Angeles Times reported the news: "Westwood, the subdivision of the Wolfskill Ranch, 3,300 acres of scenic territory between the city and Santa Monica, is to be opened to homeseekers and investors today by the Janss Investment Company. The tract comprises approximately 1000 residential and business lots, situated west of the Los Angeles Country Club on Santa Monica Boulevard and the Rancho Country Club on Pico Boulevard."

Westwood is also home to the Westwood Village Memorial Park Cemetery, the final resting place of many of Hollywood's biggest stars. A museum named for and endowed by activist and philanthropist Armand Hammer, longtime head of Occidental Petroleum (which maintains its headquarters on Wilshire Boulevard), has become one of Los Angeles' trendiest cultural attractions since UCLA assumed its management in the 1990s. The Hammer, as it is commonly known, is particularly notable for its collection of Impressionist art and cutting-edge modern art exhibitions. The museum also houses the Billy Wilder Theater, run by the UCLA Film and Television Archive.

Westwood Village

 

Westwood Village.

Built by the Janss Investment Company, the Westwood Village shopping district, which opened in 1929, retained its small-village atmosphere even after the San Diego Freeway came through the area in the 1950s and high-rise office towers went up around it in the following decades. However, much of this construction was planned around the never-built Beverly Hills Freeway.

Some landmark buildings still remain from the early years of Westwood Village including the first building erected in the village, the Janss Investment Company Building (Janss Dome) with its aqua and white zig-zag patterned dome and gold leafing. Other buildings listed as Historic-Cultural Monuments include the Fox and Bruin Theaters and the Ralphs Grocery Store building.

Residents are known to be generally affluent, living in high-rise condo buildings and, in Holmby Hills, some of the most luxurious single-family houses in Los Angeles. Single-family homes tend to be east and southeast of UCLA, particularly in the areas behind the LDS temple. Housing in the portion of the district bounded by Sepulveda, Santa Monica, Westwood, and Wilshire Boulevards is mostly low or medium rise condo & apartment buildings catering to upscale young professionals, as well as some UCLA students.

The Millionaire's Mile

The winding two-mile section of Wilshire Boulevard to the east of Westwood Village is dominated by residential high-rises, and is variously known as the Millionaire's Mile, the Golden Mile or the Wilshire Corridor.

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