Yes, it is.
Compton and Inglewood used to be "white" cities. Inglewood was actually a "sundown town", a stronghold for the Klan and had a "no blacks" policy. And when you look at photos from Compton in the 1960s it was predominantly white (i.e. Kevin Costner is from Compton)
White people are moving back into the neighborhoods that have homes with beautiful architecture. In South LA they are moving into the areas that have the craftsmen style bungalows from the 1910s and the Spanish revival bungalows from the 1920s-30s.
Whites are also moving back into Ladera Heights and other wealthy black enclaves.
http://la.curbed.com/archives/2010/...roof_pissing_off_ladera_heights_neighbors.php