NELA offers residents both that urban and suburban mix and feel. It’s in a convenient location that can be easily accessible to other hot spots such as Downtown LA, Pasadena, and Glendale. It’s also close to freeways, essential when living in LA. It has lots of dining and entertainment options to choose from, and there are also outdoor activities in the area. It’s an excellent area for people to call home regardless of the stage of life they may be in, as there are great activities for families and young professionals. As it continues to grow in popularity, many new amenities have been brought to the area to keep up with the increased demand.
Lifestyle
1-3+ Bedroom condos
ATWATER VILLAGE, CYPRESS PARK, EAGLE ROCK, GLASSELL PARK, HIGHLAND PARK, LINCOLN HEIGHTS, MONTECITO HEIGHTS, MONTEREY HILLS, AND MOUNT WASHINGTON
$2M+
luxury level sfr
$950k - $2m
entry level sfr
$1.3m - $2m
mid level sfr
NELA has emerged to be one of the hottest real estate markets in the Greater Los Angeles area over the past couple of years. Compared to many other LA markets, it offers a much better “bang for your buck” for potential home buyers that still want to stay in the city and have that LA lifestyle but for a more affordable price. Its attractive home pricing coupled with its great location makes it a market for everyone to consider. It offers a fairly diverse amount of inventory for potential home buyers and investors to choose from. Much like the area itself, NELA is known for having homes that offer a lot of charm and character as you won’t find too many modern boxes here and instead you’ll find lots of craftsman, bungalow, and spanish style houses. NELA is a market that will continue to be highly sought after and because of its desirability, it has potential for massive price appreciation.
MARKET OUTLOOK
Surrounding cities
south bay
$500k- $5M
Living in the South Bay beach cities offers an unmatched lifestyle, which is the primary driver behind the area’s high home values. Residents enjoy a highly walkable environment, top-ranked schools, mild year-round weather, and endless activities, all within a close-knit community that appeals to people at every stage of life. Once you experience beach city living, it’s easy to understand why so many never want to leave. The non-beach cities of the South Bay provide a more affordable way to stay close to the coastal lifestyle while still offering plenty of their own amenities. From shopping at the South Bay Galleria and Del Amo Mall to hiking in Palos Verdes, the area continues to grow with new developments and attractions. Together, the South Bay offers a rare blend of big-city convenience and a welcoming, small-town feel.
Lifestyle
1-3+ Bedroom condos
HERMOSA BEACH, MANHATTAN BEACH, REDONDO BEACH, CARSON, EL SEGUNDO, GARDENA, HARBOR CITY, HAWTHORNE, INGLEWOOD, LAWNDALE, LOMITA, PALOS VERDES, ROLLING HILLS, SAN PEDRO, TORRANCE, WESTCHESTER, WILMINGTON
$5M+
luxury level sfr
$800k - $2M
entry level sfr
$2M - $5m
mid level sfr
The Beach Cities of the South Bay are among the most expensive and sought-after real estate markets in Greater Los Angeles, with some of the highest prices per square foot in the region and limited space due to congestion. Buyers often sacrifice lot size and interior square footage compared to what the same budget could buy elsewhere, with inventory consisting of a mix of modern homes, character properties, and primarily small-lot subdivision condos rather than traditional condo developments. As affordability along the coast becomes more challenging, a “domino effect” pushes buyers inland to the non-beach cities of the South Bay. Many buyers still want proximity to the coast and the South Bay lifestyle, which continues to drive steady appreciation in these neighboring markets. Non-beach cities offer a wider range of inventory, including single-family homes, condos, townhomes, and strong multi-family opportunities that appeal to both buyers and investors.
MARKET OUTLOOK
Surrounding cities
SAN FERNANDO VALLEY
$425k- $1.5M
The San Fernando Valley is one of the largest metropolitan areas in Greater Los Angeles. Los Angeles is a great city, but the other side of the hill offers the best of both worlds. For starters, the valley is much more affordable than living in LA. It also has fewer people, so there is not as much traffic, and it’s much easier to find parking. Many cities in the valley serve as a gateway to the west side or Hollywood, making it not too long to commute to jobs available in that area. Despite not having the tourist attractions that attract people to LA in the first place, there is still a lot to do and see in the valley. It’s a laidback, unassuming, and diverse area that suits people in all stages of life. The valley's beauty is that it’s close enough to experience LA but far enough to be its little world still.
Lifestyle
1-3+ Bedroom condos
ARLETA, BURBANK, CALABASAS, CANOGA PARK, CHATSWORTH, ENCINO, GLENDALE, GRANADA HILLS, LAKE BALBOA, MISSION HILLS, NORTHRIDGE, NORTH HILLS, NORTH HOLLYWOOD, PACOIMA, PANORAMA CITY, PORTER RANCH, RESEDA, SAN FERNANDO, SHERMAN OAKS, STUDIO CITY, SUN VALLEY, TARZANA, TOLUCA LAKE, VALLEY GLEN, VALLEY VILLAGE, VAN NUYS, WEST HILLS, WINNETKA, WOODLAND HILLS.
$3M+
luxury level sfr
$750k - $1m
entry level sfr
$1m - $3m
mid level sfr
The San Fernando Valley real estate market has remained one of the most sought-after areas for home buyers to purchase a home. When you compare what your money can get you in the valley to LA or the beach cities, it is a night and day difference as your money can take you much further in the San Fernando Valley. What I like about the valley market is its appeal to all price points. If you go further out of LA, you can get an entry-level single-family home for less than a million dollars. If you have a big budget and want to be in one of the more posh neighborhoods like Calabasas, Encino, or Studio City, you can get a lot of square footage and an oversized lot. Many condos and townhomes are also available at entry-level price points. The valley is no longer considered a secret as it has become a very sought-after area, making it a stable real estate market in which to invest.
MARKET OUTLOOK
Surrounding cities
south los angeles
$500k- $1M
South LA offers residents an urban suburban mix and feel. South LA will appreciate at a high rate over the next couple of years because of its location. It’s between DTLA, the west side, and the South Bay, three premier areas in Greater LA. It might not have the amenities or the exposure to jobs that these other areas do; however, that is slowly changing, and values will begin to follow suit as that begins to change. For now, it’s a short commute to these other hot spots while being able to pay a fraction of the price.
Lifestyle
1-3+ Bedroom condos
BALDWIN HILLS, CRENSHAW, HYDE PARK, JEFFERSON PARK, LADERA HEIGHTS, LEIMERT PARK, VIEW PARK, WEST ADAMS, WINDSOR HILLS
$1.8M+
luxury level sfr
$800k - $1.1m
entry level sfr
$1.1m - $1.8m
mid level sfr
South LA is one of the few undervalued real estate markets in LA, and home values will be appreciated at a very high rate over the next couple of years. Although it has very little condo/townhome inventory, it’s known for having single-family homes full of character, as there are many Spanish, craftsman, and Tudor-style homes in the area. It also might be my favorite “house hack” market because it’s an area where you can purchase a multifamily for under a million while still capitalizing on the high LA rents, allowing you to reduce your mortgage payment. Looking back 10-20 years from now, it will be one of those areas in which you wish you bought real estate.
MARKET OUTLOOK
Surrounding cities
SAN GABRIEL VALLEY
$450k- $2M
Living in the San Gabriel Valley provides big-city living with a small-town feel. It offers suburban-style living while still being close to everything Greater LA has to offer. However, the San Gabriel Valley itself has a lot of amenities and exposure to many jobs, which gives you the ability to go to the city at your leisure. Like the homes you can find in the area, many cities have tons of charm and character. The San Gabriel Valley is also home to some of the top school districts in California, and it’s a big driver for the demand in the area. The further east you go along the 210 freeway, the more affordable it gets because the farther you go from LA. You can’t go wrong with living here.
Lifestyle
1-3+ Bedroom condos
ALHAMBRA, ALTADENA, ARCADIA, AZUSA, BALDWIN PARK, BRADBURY, CLAREMONT, COVINA, DIAMOND BAR, DUARTE, EL MONTE, INDUSTRY, IRWINDALE, LA CANADA FLINTRIDGE, LA PUENTE, LA VERNE, MONROVIA, MONTEREY PARK, PASADENA, POMONA, ROSEMEAD, SAN DIMAS, SAN GABRIEL, SAN MARINO, SIERRA MADRE, SOUTH EL MONTE, SOUTH PASADENA, TEMPLE CITY, WALNUT, WEST COVINA
$2.5M+
luxury level sfr
$800k - $1m
entry level sfr
$1.1m - $2.5m
mid level sfr
The San Gabriel Valley lies to the east of the city of Los Angeles and offers a variety of different neighborhoods and price points for potential home buyers to choose from. Its laid-back, peaceful environment, combined with its real estate opportunities, has made it a hot spot for So Cal living. Its home prices have steadily appreciated over time, and as home prices continue to rise in the city of LA, the San Gabriel Valley is a suburb that will continue to remain an attractive alternative because, although some areas are a little bit further out from the city, housing prices are much more affordable.
MARKET OUTLOOK
Surrounding cities
CENTRAL LOS ANGELES
$450k- $2M
Living in one of these neighborhoods in Central LA, you are truly in the middle of it all. Because of its central location, none of these places are necessarily full of peace. There are some quiet streets in these areas, but overall, you're not living there so you can get away from the action; you're living there so you can be in the middle of it all. The high demand for housing in these areas leads to congestion and traffic. With that said, many of these areas offer walkability and are home to many of the major hubs for jobs. I think it is not much better than living in Central Los Angeles, and it will remain one of the most desirable places for Angelenos.
Lifestyle
1-3+ Bedroom condos
BEVERLY GROVE, DOWNTOWN LA, EAST HOLLYWOOD, ECHO PARK, HANCOCK PARK, HOLLYWOOD, HOLLYWOOD HILLS, HOLLYWOOD HILLS WEST, KOREATOWN, LARCHMONT VILLAGE, LOS FELIZ, MID CITY, MID WILSHIRE, SILVER LAKE
$2.5M+
luxury level sfr
$800k - $1m
entry level sfr
$1.1m - $2.5m
mid level sfr
Central Los Angeles is home to some of the most expensive neighborhoods in Greater Los Angeles. These neighborhoods offer a very diverse inventory, from starter condos/townhomes to luxurious high-rise condos with high HOA dues and all different styles of single-family homes that one can imagine. It’s one of the toughest markets to purchase a single-family home, as prices start in the 7 figure range. However, there are much more affordable condo and townhome options. Despite the high cost of housing, if you can purchase a property in any of these neighborhoods, it’s a great area to invest in because it benefits from the high appreciation of the LA market.
MARKET OUTLOOK
Surrounding cities
SOUTH EAST LOS ANGELES
$400k- $1.4M
Southeast LA is the epitome of suburban-style living in Greater Los Angeles. Despite being dubbed more affordable, the quality of life and the quality of the homes you can buy remains the same; you're just a bit further from LA and the beach. It’s a slower-paced lifestyle that’s very suitable for families, as many of the neighborhoods have a strong sense of community. It’s far enough from LA to feel like a different world but still close enough to offer everything LA has to offer for a fraction of the price.
Lifestyle
1-3+ Bedroom condos
ARTESIA, BELLFLOWER, BELL GARDENS, CERRITOS, COMPTON, DOWNEY, HUNTINGTON PARK, LA MIRADA, LYNWOOD, MONTEBELLO, NORWALK, PARAMOUNT, PICO RIVERA, SANTA FE SPRINGS, SOUTH GATE, WHITTIER
$1.5M+
luxury level sfr
$650k - $950k
entry level sfr
$950k - $1.5m
mid level sfr
Southeast LA is home to some of the more affordable neighborhoods Greater Los Angeles offers. Similar to the San Gabriel and San Fernando Valley, it is one of those areas that benefits from prices increasing in LA because as people continue to get priced out of LA, they will make their way to the nearby suburbs. The SELA cities are popular areas that people tend to turn to. It’s an area continuing to bolster its status due to the increase in amenities and new construction homes being built. At all price points, there is a diverse inventory level for condos, townhomes, and single-family homes. There are also great multifamily opportunities for potential home buyers to house hack.
MARKET OUTLOOK
Surrounding cities
Long Beach
$400k- $900k
Long Beach is the 7th biggest city in California, and it truly has something for everybody. Do you want a peaceful and quiet neighborhood, or do you want a neighborhood that has walkability and is in the middle of it all? Long Beach has both. Do you want to live in a high-rise condo with great views within walking distance of the beach, or do you want to have a single-family home with a nice big backyard? Long Beach has an abundance of inventory for prospective home buyers to choose from. There are also plenty of activities for residents and visitors. Many outdoor activities, family activities, shopping, dining, entertainment, and nightlife exist. Let’s say it’s not a city you can easily get bored in. It is also close to both LA City and Orange County. It’s only 30 minutes away from Downtown LA and borders Orange County, making it a great location to explore the best of both worlds.
Lifestyle
1-3+ Bedroom condos
LAKEWOOD, LONG BEACH, SIGNAL HILL
$2M+
luxury level sfr
$650k - $1m
entry level sfr
$1m - $2m
mid level sfr
Long Beach is one of the most affordable coastal cities in Southern California. Although it’s not a cheap place to live, compared to other coastal markets in SoCal, Long Beach has much more affordable home prices, allowing residents to get the beach lifestyle for a lot less. There is a multitude of inventory for buyers to choose from as there are a lot of condos in the area, as well as entry-level single-family homes and luxury homes on the water. Like every area, there will be more and less expensive pockets, but overall, I think Long Beach is a very undervalued market.
MARKET OUTLOOK
Surrounding cities
WEST LOS ANGELES
$600k- $25m
West LA is the epitome of LA living. When people think of the LA lifestyle, warm weather, lots of traffic, close proximity to the beach, gorgeous neighborhoods, and plenty of things to do usually come to mind. This is exactly how West LA could be described. Regardless of one's stage of life, there is a good chance that the Westside has the perfect neighborhood for them to call home.
Lifestyle
1-3+ Bedroom condos
BEL AIR, BEVERLY HILLS, BRENTWOOD, CENTURY CITY, CHEVIOT HILLS, MAR VISTA, MALIBU, MARINA DEL REY, PACIFIC PALISADES, PLAYA DEL REY, PLAYA VISTA, SANTA MONICA, SAWTELLE, VENICE, WESTCHESTER, WESTWOOD
$5M+
luxury level sfr
$1.5m - $2.5m
entry level sfr
$2.5m - $5m
mid level sfr
The west side of LA is the most expensive pocket in Greater Los Angeles. It is home to some of the most famous and luxurious properties that LA has to offer. Although it does have very high home prices, it does offer a diverse amount of inventory for home buyers to choose from if they can afford to live here. From starter homes to standard condos and townhomes to high rises and luxurious mansions, the west side has plenty of housing options for home buyers. You cannot go wrong with investing in real estate on the west side of LA, as it will continue to be an attractive place that serves as home to some of the world's most powerful and wealthy individuals.
MARKET OUTLOOK
Surrounding cities
EAST LOS ANGELES
$400k- $1M
Although its past history may not have given it the best reputation, East LA can be classified as an up-and-coming area. Its proximity to downtown LA, the San Gabriel Valley, and freeway access makes it an attractive area for would-be home buyers. East LA has a very strong sense of community, where it feels like everybody knows everybody, as many residents have been there for generations. East LA is the epitome of LA culture and history that many residents like to preserve, but it is still a growing area continually improving its infrastructure.
Lifestyle
1-3+ Bedroom condos
EL SERENO, MONTEREY PARK, BOYLE HEIGHTS
$1.2M+
luxury level sfr
$800k - $950k
entry level sfr
$950k - $1.2m
mid level sfr
East LA is the most affordable part of the city. Although there is only a small inventory of condos available for buyers to choose from, many single-family homes and multi-family properties exist. It’s a great market to look into if you want to remain close to everything LA offers for a fraction of the price that living in the city usually costs.
MARKET OUTLOOK
Surrounding cities
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