From the Los Angeles Times:
What $700,000 buys in seven L.A. communities
By JACK FLEMMING | STAFF WRITER
MAY 25, 2021 5 AM PT
It’s no secret: L.A.’s historically hot real estate market is brutal for buyers. The pandemic-fueled housing boom saw L.A. County’s median home price rise to $750,000 in April, a 19% increase year-over-year.
Bidding wars and a shortage of sellers are making good deals hard to come by, but there are still plenty of great options if you look in the right neighborhoods. Here’s a look at what roughly $700,000 buys right now in seven L.A. communities.
South L.A.
South L.A. is huge. According to The Times’ Mapping L.A. project, it spans more than 50 square miles with 28 neighborhoods, and therefore offers a vast variety of housing stock. The Multiple Listing Service shows more than 250 single-family homes up for sale in the area, with prices ranging from $300,000 up past $3 million.
1259 W. 83rd St., Los Angeles, 90044 (Sean Sullivan)
The house: Spanish in style, this 1930s spot boasts clay tile and arched entryways on the outside and beamed ceilings inside. Floors of tile and hardwood alternate in the living spaces, which lead to a small fenced yard out back.
The address: 1259 W. 83rd St., Los Angeles, 90044
The price: $699,000
The specs: Three bedrooms and two bathrooms in 1,357 square feet
The agent: Sean Sullivan of Pinnacle Estate Properties
Chatsworth
If space is what you seek, the San Fernando Valley has plenty. Chatsworth is a pleasant valley suburb tucked just south of the Santa Susana Mountains with parks, trails and a handful of homes for under $1 million.
23228 Alta Way, Chatsworth, 91311 (Julliann Woods)
The house: The largest home on the list, at nearly 1,600 square feet, this traditional-style house takes advantage with three bedrooms, three bathrooms, a galley-style kitchen and living room with a brick fireplace. Multiple balconies hang off the house, overlooking an outdoor space with a scenic deck, fire pit and hot tub.
The address: 23228 Alta Way, Chatsworth, 91311
The price: $684,500
The specs: Three bedrooms and three bathrooms in 1,598 square feet
The agent: Julliann Woods of Pinnacle Estate Properties
Link:
https://www.latimes.com/business/sto...la-communities