Leimert Park Real Estate History.Construction in 1927 by Walter H. Leimert. Designed by Olmsted and his son Fredrick Olmsted. Walter H. Leimert purchased 231 acres from Clara Baldwin Stocker. Daughter of land baron Elias “Lucky Baldwin.” Walter Leimert lent his name to the development. He wrote, ” present a magnificent opportunity for the creation of a very beautiful and highly successful residential and business development.” Leimert also developed subdivisions in Beverlywood, Beverly Highlands, Cheviot Knolls and Rancho Malibu. Compare price values in Leimert Park real estate verse to Westside neighborhoods like Mar Vista, Westchester, Beverlywood and Silicon Beach. Leimert Park buyers realized there is a Great Bang for Your Buck. Classically designed homes centrally located. Established pride of ownership neighborhood. Single and two story homes on large lots. The underground train station in Leimert Park Village along the Crenshaw Line was approved in 2013. This vital neighborhood near shopping centers, art galleries, performing arts, restaurants, schools, and freeways. Leimert Park, Los Angeles, CA 90008. Leimert Park 90 Days Home Sales.