Which started out in the heart of Venice near the water. As the area exploded with construction
lagging demand, the boundaries began moving out to the east. First, passing Lincoln Blvd, then Penmar,
then Walgrove, then Beethoven and moving south to Playa Vista. I’ve even heard of people as far east of
Sawtelle claiming to feel the demand of Silicon Beach. If there is a defined geographic boundary, it
really is insignificant. What’s
important to know is that “Mar Vista has arrived” and is more a destination
location than ever before.
If you ask most 30 year residents living in Mar Vista how
they ended up here, everyone will have a story, but the most common would be we
just couldn’t afford most other places. Today the answer would be “There just is no other place we would
consider.” Whether it is just a stroke
of luck that got you here or a strategic plan, it doesn’t matter. What matters is you are living in one of the
most desired locations in America where land values are averaging at $210 per
food and updated homes can sell at $900 per foot.
If you think this sounds ridiculous, think about what
rentals go to on the Westside. The big
question that keeps coming up is; where is all the money coming from?