What $500,000 gets in five L.A. County areas
For buyers on a budget, the Southern California housing market can feel bulletproof. Bidding wars and supply scarcities have actually driven rates to historic highs and, according to Redfin, the mean house in Los Angeles County cost $839,000 in February.
Fortunately, The Times recently published "The Great SoCal House Quest," a detailed, detailed overview to acquiring a home in Southern The golden state. It also comes with a Southern California-specific calculator that evaluates your financial resources as well as informs you just how much you can afford (as well as what neighborhoods are a suit).
Customers in the $500,000 variety might have to take into consideration apartments, community houses or tenancy-in-common units along with single-family homes, but also for those ready to get imaginative, there are still a lot of options. Here's what $500,000 acquires in 5 L.A. Area communities.
Midtown L.A.
L.A. isn't specifically understood for upright living, yet if you want to lose the white picket fence and also grassy backyard, the rate per square foot in the majority of downtown structures is less expensive than numerous single-family choices. Depending upon the area, condominiums checklist for as low as $350,000 and also offer amenities that change the conveniences of residing in a home. Just beware about the home owners association charges.
< img alt="A loft space in midtown Los Angeles consists of an open design kitchen area, dining table and living-room."src ="https://s3.fr-par.scw.cloud/yivesites-storage-7.yivesites.com/2452880/saving-to-buy-house.jpg"> A one-bedroom loft in the Style District in midtown Los Angeles includes an open design kitchen area, eating table and also living-room.(Jonathan Yuen )The house: This century-old device sits in the Cornell, a historic building in the Fashion Area's Santee Village that's been converted into elegant lofts. Original steel-framed home windows couple with 10-foot concrete ceilings in the home, as well as although there's just one specialized room, the 1,000-square-foot layout leaves enough area to be versatile. It also delights in Mills Act standing to conserve a bit on real estate tax.
The address: 746 S. Los Angeles St. # 604, Los Angeles, 90014
The price: $509,000 (and also $813 regular monthly HOA charges)
The specs: One bedroom as well as one washroom in 1,000 square feet
The representative: Jonathan Yuen of Scrap Real Estate
Long Beach
Explained by one recent home purchaser as "a city with beauty where you could likewise invest an entire weekend break," Long Coastline came to be a location throughout the pandemic when lots of L.A. workers went remote as well as moved farther south. It likewise has a substantial real estate supply, as well as there are always single-family homes on the market for nearly any cost variety.
This residence consists of a fenced frontyard, grassy yard, covered outdoor patio, multiple bedrooms and also some custom elements.
(Team Whitney) The home: Make indisputable-- this is a fixer-upper. It's much from move-in prepared, yet it has basically everything you could want in a starter home: a fenced frontyard, verdant backyard, covered patio, numerous bed rooms and also also some customized components consisting of classic cabinetry and a moving farmhouse door.
The address: 255 E. Bort St., Long Coastline, 90805
The rate: $499,000
The specs: 2 bedrooms and also one restroom in 777 square feet
The representatives: Danielle Whitney Moore and also Lauren Yi of Keller Williams Real Estate
East L.A.
East L.A. is such a bastion of Latino society that it even has a Latino Walk of Popularity, which, instead of Hollywood symbols, honors Latino tales such as Cesar Chavez and also Graciela Beltran. With a populace of greater than 118,000, it has a lot of homes up for grabs, specifically 2- and also three-bedroom bungalows.
< img alt= "A white residence with black trim and horizontal fence in front."src= "https://s3.fr-par.scw.cloud/yivesites-storage-3.yivesites.com/2452882/alabama-real-estate-background-image.jpg"> A remodel of this Eastern L.A. house transformed a reward area into a 2nd
room and included beamed ceilings and laminate
floors.(Keller Williams Realty) The home: A current remodel of this single-story residence near Whittier Boulevard turned a perk room right into a 2nd bedroom as well as included beamed ceilings, fresh paint and laminate floorings. The exterior is billed as "reduced maintenance" since it features crushed rock as opposed to turf-- yet do not fret, there are lots of trees to offset it.
The address: 4708 Hubbard St., Los Angeles, 90022
The cost: $485,000
The specifications: Two rooms as well as one washroom in 648 square feet
The agent: Ralph Ruiz of Keller Williams Pacific Estates
San Dimas
San Dimas sits at the foothills of the San Gabriel Hills, offering a suburban hideaway full of system homes, strip malls as well as a bit more area than you'll get in L.A. Commuters take the highway nowadays, yet in 2026, the City L Line is anticipated to prolong bent on the city.
This San Dimas residence includes granite kitchen counters and also whitewashed block. Its back outdoor patio forgets the area swimming pool.
(Steve Padilla/ Top Agent Digital photography)The house: Columns and also clay ceramic tile touch up the outside of this single-story house in the prepared metropolitan advancement area of Montecito Town. Granite kitchen counters and also whitewashed block turn up in the space, and also the back outdoor patio ignores the neighborhood pool.
The address: 116 W. Via Vaquero, San Dimas, 91773
The price: $525,000 (and also $323 month-to-month HOA fees)
The specifications: Two rooms and also 2 washrooms in 1,122 square feet
The agent: Michael Wallace of Better Residence Financial
Willowbrook
Secured by medical establishments such as Martin Luther King Jr. Community Healthcare Facility and Charles R. Drew University of Medication and Science, the unincorporated community of Willowbrook covers about 3.7 square miles simply southern of the 105 Highway. Homes there are normally quite budget friendly, with the majority listing to buy at less than half a million.
This redesigned home functions brand-new kitchen area cabinetry, quartz kitchen counters, ceramic tile floors
as well as devices. (Century 21
) The residence: Tucked behind gates, this remodeled residence has new kitchen cabinetry, quartz counter tops, tile floors and also appliances. Out back, a patio leads to a spacious lawn suitable for hosting.
The address: 2212 E. 117th St., Los Angeles, 90059
The price: $499,000
The specs: 2 rooms and also one washroom in 572 square feet
The representative: Chris Limon of Century 21 A Better Service Real Estate