The village has become the center of both historical and contemporary African-American art, music, and culture in Los Angeles.

[8] In 2013 and 2014, resurgent home prices in South Los Angeles spurred much interest among many young professionals into moving into Leimert Park and among other areas within the region.

Observers took note with mixed feelings: fears of gentrification and hope for increased business investment.

(formerly Santa Barbara Avenue) on the north, Arlington on the east, Vernon to the south and Crenshaw Boulevard (formerly Angeles Mesa Drive) on the west.

"[22] Leimert Plaza Park was designed by the Olmsted Brothers to serve as the public hub of the master planned community.

[23][12][24] The village has blues and jazz night clubs, theaters for musicals, dramatic performances, award ceremonies, comedy specials, and poetry readings, and venues for hip hop.

The intersection of 43rd Street and Degnan Boulevard was dedicated as Barbara Morrison Square on the anniversary of her birth, September 10.

[25] Project Blowed is the longest-running hip hop open mic in the world, started in 1994 by rapper Aceyalone and friends.

This Mediterranean Revival Style theater is at the south end of Leimert Park Village at 3341 West Forty-Third place and Degnan Avenue.

In 1992 the Los Angeles civil unrest and an economic recession hit the area hard, and the property fell into foreclosure.

[28] The first phase of renovations to the Vision Theatre included upgrades to the lobbies, restrooms, office space, and classrooms in 2011.

[29] The Leimert Park Book Fair began in 2007 and attracts "more than 200 authors, poets, spoken-word artists, storytellers and other participants.

[31] Juneteenth is commemorated with a street festival that brings together artists and residents for a day of fun and remembrance.

Leimert Park residents aged 25 and older holding a four-year degree amounted to 55.9% of the population in 2000, about average within the city and the county.