HOMES FOR SALE IN DOWNTOWN LOS ANGELES
Do you want to find homes for sale in Downtown Los Angeles? While Los Angeles, CA does not operate in the same way as many other American cities, Downtown is still an excellent neighborhood for those who want to feel like they’re right in the middle of it all. The city’s central business district is home to over half a million jobs. Downtown LA is bordered by Echo Park to the north, Boyle Heights to the east, Vernon to the south, and Westlake and Pico-Union to the west.
Through a combination of legislation aimed at stimulating redevelopment, and artists and young people’s attraction to lower-cost housing in the area, it is experiencing a renaissance of sorts. Buildings are being restored for new condos, co-working spaces, and other modern spaces. Downtown LA is home to the LA Metro Rail, the Staples Center (home to 250 events a year), The Broad (a contemporary art museum), the Walt Disney Concert Hall, and many other cultural centers. As one might expect, the area is highly diverse.
Downtown LA Real Estate
For the convenience of living in such a hybrid of commuter destination and urban playground, buyers understandably pay quite a premium. One-bedroom homes in Downtown LA sell for around $650,000. Larger family homes are thin on the ground, but you can typically get a three-bedroom property for $2.9 million. Downtown LA’s extensive freeway system means that the city is your oyster. The 10 Freeway can take you west to Santa Monica and the beach, the 5 will carry you to Glendale and Burbank if you have work up that way, and the 101 is your ticket to Hollywood and the San Fernando Valley. Don’t forget about the easy access to extensive Metro Rail lines and bus routes as well. The area has more than 60 available public schools and more than a dozen private schools. Highly API-rated schools include Alliance Dr. Olga Mohan High, Alliance Gertz-Ressler High, Downtown Business High, Frank Lanterman, and the Garza (Carmen Lomas) Primary Center.