What $700,000 buys in seven areas around Los Angeles
Abstract
Highland Park's arrival as a trendy neighborhood in recent years has sent home prices skyrocketing, and during the pandemic, it officially became a million-dollar neighborhood. The home: The largest home on the list at more than 1,800 square feet, this blue abode boasts three bedrooms and three bathrooms, as well as an open floor plan with a fireplace. The address: 4121 Zaring St., Los Angeles, 90063 The price: $714,900 The specs: Three bedrooms and three bathrooms in 1,859 square feet The agents: Vance Nordine and Mary Hale of Nordine Realty Aptly named, University Hills is a small neighborhood of windy streets in the hills above Cal State L.A. Tucked between other relatively affordable areas such as El Sereno and City Terrace, the enclave has only a handful of homes on the market at any given time, and unless they're brand new, they'll usually be available for less than $800,000. In the five years after SoFi Stadium was announced in 2016, home prices have soared 84%. That means once-affordable homes are now selling for a fortune, but if you think prices will continue to increase, it's not too late to invest in the rapidly changing city. The home: Inglewood prices are directly correlated to how close the home is to SoFi Stadium, and this one sits about 10 minutes away. The address: 121 E. 64th Place, Inglewood, 90302 The price: $730,000 The specs: Three bedrooms and one bathroom in 912 square feet The agent: Christy Ixcot of Keller Williams Realty Studio City One of the gateway cities that connect L.A. County and Orange County, Huntington Park offers somewhat-affordable homes for working-class residents who commute to either one. The home: A Spanish-style exterior leads to crisp, modern spaces inside this 1930s home with a brand new look.
