Layfayette Square gets its namesake from the French Marquis who fought with the colonists during the American Revolution. There are 236 homes in Lafayette square, built at the time around the turn of the century shortly after World War 1, by developer George L. Crenshaw. Crenshaw’s vision was to create one of the stateliest residential neighborhoods in Los Angeles at the time.
Layfette Square is a great value- you get a lot of house for the money. Hancock Park mansion run two to four million dollars in today’s market, whereas a comparable property in Lafayette Square has a going rate one and a quarter million. The lots are huge, ranging from 8,000 square feet for the typical 60×140 to extra wide lots that are 14,000 square feet. The construction of the neighborhood has all the period architectural details that buyers love such as exquisite plaster crown moldings, banister staircases, leaded stain glass windows, crystal chandeliers, Juliet balconies, batchelder fireplaces, original hardwood floors, and a wide variety of architectural styles. The average home size is 3,600 square feet, with many large homes measuring 5,000 to 6,000 square feet.
The center piece of the community is the double lane stretch of road with center island, St Charles Place, which is the only entrance and exit for Lafayette Square. St Charles Place was inspired by the park grounds that formerly surrounded the Theatro Municipal in Rio de Janeiro, Brazil.
In the late 90’s the community gathered support and eventually was granted permission to erect the iron gates on all through streets. The gates give Lafayette square its quite ambiance, far removed from the busy city, by eliminating through traffic. It’s one of the rare neighborhoods in Los Angeles, were children can play in the street.
Renowned architect Paul Williams constructed his personal residence in Lafayette square in 1952, it’s located on the immediate left as you enter on St Charles. The Address of the international style house is 1690 S. Victoria Ave.