Carthay Circle is roughly bounded by Wilshire Boulevard on the north, La Cienega Boulevard on the west, Pico Boulevard on the south, and Fairfax Avenue on the east. Principal thoroughfares through the district include San Vicente, Olympic, and Crescent Heights Boulevards.

Carthay comprises three neighborhoods:
1) Carthay Circle, which lies to the north of Olympic Boulevard
2) South Carthay, which is south of Olympic and west of Crescent Heights Boulevard
3) Carthay Square, to the south of Olympic and east of Crescent Heights

carthaySingle-family houses are most prevalent in Carthay Circle and South Carthay, while two- and three-family houses prevail in Carthay Square. Mid-sized apartment buildings, mostly built in the 1930s, line the arterial peripheries of all three neighborhoods. Most of the houses, duplexes, and triplexes are built in the Spanish Colonial Revival style popular in the 1920s and 1930s. Strict enforcement of restrictive covenants by the area’s homeowners associations meant that most of these remained standing into the 1980s, when South Carthay was designated for preservation in Los Angeles’ Historic Preservation Overlay Zone program; Carthay Circle followed in the 1990s.

Q3 2019 for the period ending September, 2019 per the Multiple Listing Service:

Carthay Circle HPOZ – The average single family home sale was $12,211,666 for a 2,873 square foot home on a 8,065 square foot lot. A total of 3 homes sold in an average of 64 days on market.

Beverly Grove – The average single family home sale was $1,509,500 for a 1,946 square foot home on a 3,941 square foot lot. A total of 2 homes sold in an average of 42 days on market.