Welcome to Curbed Comparisons, where we explore what you can rent or buy for a certain dollar amount in various LA ’hoods. We’ve found five homes and condos within $10,000 of today’s price: $700,000.
Long Beach
From 1928 to 1934 chewing gum magnate William S. Wrigley Jr. developed a two-block area of homes in Long Beach now named in his honor. The historic district is made up predominately of Spanish Colonial Revival homes, like this three-bedroom, two-bath charmer at 2036 Eucalyptus Avenue, which features stained glass windows, colorful period tile, a telephone alcove, and fireplace. The property measures 6,374 square feet and, in addition to a garage, holds “an amazing addition.. perfect for an artist’s studio or guest quarters with its own bathroom.” It’s listed for $710,000.
Elysian Park
This crisply remodeled house sits in Solano Canyon. One of the cutest pockets of Los Angeles, the little neighborhood backs up the hills of Elysian Park and provides access to hiking trails, a community garden, and Dodger Stadium. Set above the street at 652 Amador, it’s perched partially on wood stilts and boasts a redwood deck with stellar views. The two-bedroom, one-bathroom residence also comes with a finished attic and an under-ground laundry room and storage space, plus a one-car garage. The asking price is $695,000.
Glendale
To the stylish buyer, the kitchen and bathroom in this Adams Hill home might seem a little vanilla, but the Spanish-style has a lot going for it, from the arched palladian windows to the barrel ceiling. Plus, there’s lots of natural light. It holds two bedrooms in 1,153 square feet. The lot at 1404 South Adams Street comes in at 3,691 square feet, enough space for a deck and small yard. The asking price? $698,000.
Vermont Square
This flip is located in South Los Angeles. Thoroughly remodeled, the Craftsman-style at 5227 Ruthelen Street sports an open concept floor plan and laminate floors. The kitchen is now equipped with shaker-style cabinets and quartz countertops, and it opens to a deck and grassy backyard. Coming in at 1,227 square feet, the dwelling holds three bedrooms and one and three quarter baths, plus a bonus “rumpus room.” It’s asking $699,000.
Downtown LA
The only condo in this roundup, this studio condo is located in the historic Higgins Building, a Beaux-Arts style structure that was built in 1910 and converted to lofts and condos in the early aughts. Unit No. 213 measures 1,050 square feet and boasts lots of windows (with views of the Walt Disney Concert Hall), hardwood floors, a contemporary kitchen, and in-unit washer and dryer. In a super walkable location, it’s asking $699,000, plus monthly HOA dues of $550.
Correction: An earlier version of this story misidentified the location of the house on Ruthelen Street. It is in Vermont Square, not Leimert Park.
Comments
The Ruthellen house is not in Leimert Park, not even close! The eastern boundary of Leimert Park is west of Arlington at Roxton/4th Ave. The southern boundary is Vernon. . It is at least a mile south of Vernon. 5227 Ruthellen Street closer to Western on the other side of Arlington from LP. It would be more accurate to say it is located in Chesterfield Square, not as sexy as LP, I guess. Some of these real estate agents are either clueless or shameless.
By lahope on 07.08.19 5:21pm
You’re absolutely right. The listing agent mis-advertised the location, and I did not verify (as we normally do!). It has been corrected.
By Jenna Chandler on 07.11.19 11:54am
Smart first time buyers are snapping up bargains in places like Leimert Park. Availability of cute old homes in LA is UP when you consider how many areas are gentrifying. The LP flipper is going to make $100k in just two months which goes to show there are deals out there if you care to look. Once again the condo is in last place, and has a price closer to $850k if you convert the $550 HOA over to price, to make it apples-to-apples with the homes.
By calzada on 07.08.19 5:45pm
LP sure but not that far south. you’re going to lose your shirt when the market turns and it always does.
By LAoneWay on 07.09.19 6:12am
"The LP flipper is going to make $100k in just two months " Taking into account the improvement costs they will be lucky to break even. They purchased it for $524k and will be lucky to get $600k. This house has been on the market for 24 days. The market slowed starting in around September 2018 and people aren’t overpaying to live in these gentrifying areas anymore (especially Leimert Park adjacent). My guess is they will price reduce it twice and either accept a low offer or take it off the market.
By LADude on 07.09.19 3:12pm
I picked Glendale, I know, Glendale blah, blah, but to me it was the nicest house and neighborhood
By mrjim1 on 07.08.19 9:10pm
That neighborhood is pretty cool if you’re into the hilly LA vibes… kinda like a mini Silver Lake (minus the concrete "lake" and 10,000 hipsters.)
By corner soul on 07.09.19 7:32am
Plus about half the price. I know Glendale has this "suburb" reputation, but it’s got a lot of charming old houses in good shape, a bit like Pasadena and it’s not THAT far out considering the more reasonable prices
By mrjim1 on 07.09.19 7:38am
True… and to me it actually seems a bit more urban (in many ways) than Silver Lake. At least once you get into the downtown where there’s a proper street grid and more mixed land use.
We looked at a place in Adams Hill earlier this year, but didn’t seem very kid friendly to us once you got onto the side streets (no sidewalks, terraced yard, etc.)
Open house was gangbusters though with young families, hipsters and Hollywood d-bags, so I wouldn’t be surprised if the prices climb as so many people are priced out of anything decent that’s west of here.
By corner soul on 07.09.19 9:57am
And when you’re not commuting to work 2.5-3 hours a day, you may actually get to enjoy your Glendale home.
By Steve Neman on 07.09.19 11:01am
Well, that’s the downside of saving a few $100K, but if you worked in Glendale you’d be good to go
By mrjim1 on 07.09.19 11:11am
There’s plenty of jobs in Glendale, Pasadena, Burbank, Hollywood, Downtown LA, etc. that would be a reasonable commute from here.
By corner soul on 07.09.19 11:15am
What’s your definition of "reasonable"? I lived in silver lake and my commute home from DTLA was almost 1 hour during afternoon rush hour. To go west of the 405 you’re looking at close to 1.5 hours each way. Glendale is farther from dtla than silver lake. I don’t know about Glendale to century city or west of the 405, but I would imagine it is a gnarly commute. Also, if the commute from Glendale is so reasonable then why aren’t home values there on par with areas like beverlywood or Westwood?
By Steve Neman on 07.09.19 11:43am
Glendale to DTLA on a Saturday late afternoon or early evening when traffic is heinous is about 30 minutes.
I imagine in a weekday it’s about the same, if not quicker.
People reading CurbedLA work all over the LA basin. Some areas are more desirable than others based on where one works. Glendale isn’t a good fot for you, but will be ideal for others.
I work in Burbank. There’s no way I’d choose to live in Santa Monica, or Venice, or West LA, even though I realize homes in those areas are extremely desirable.
By BingoWest on 07.09.19 12:08pm
Good fot?
You mean fit?
LOL!
By LudwigBlue on 07.09.19 12:32pm
The Glendale area of Adams Hill is near the Metrolink train station that is a 10 minute commute to Union Station which feeds the Red Line etc. That drive to DTLA is 20 minutes. Used to live in Silverlake and it takes about the same amount of time to get DTLA.
By MartyinLA on 07.09.19 1:54pm
For me… 30 minutes seems reasonable by car (45-60 by transit with a book and some exercise walking a few blocks at each end.)
Seems like you might be exaggerating that Downtown to Silver Lake commute a bit?
This is like 2 miles from Silver Lake. A lot of people avoid the west side unless we’re going to the beach, plenty of good jobs on this side of town.
By corner soul on 07.09.19 2:05pm
I lived in silver lake for 5 years and commuted to downtown in that time. You guys are "guessing" and "imagining" and " estimating" but why not try driving down Glendale Blvd at 5 pm from downtown to silver lake, and better yet, Glendale, and see what it’s like?
By Steve Neman on 07.10.19 8:20am
I’ve driven from Studio City to DTLA dozens of times in heavy traffic over six years. The drive takes 30-45 minutes. Without fail.
Glendale is significantly closer to DTLA than is Studio City, so the drive will be shorter.
By BingoWest on 07.10.19 8:42am
Oh I have, many times… agree to disagree I suppose
By corner soul on 07.10.19 10:34am
And it’s not Los Angeles so you’re not subjected to Garcetti, Bonin, et al. You have quality services and fewer homeless.
By LADude on 07.09.19 3:19pm
And higher taxes
By subaruwrx on 07.10.19 1:47pm
Long Beach place looks pretty sweet to me! Assuming you work more on that side of the region.
By corner soul on 07.09.19 10:01am
When the next recession hits, LB will be a sea of short sales. It always is.
By Steve Neman on 07.09.19 10:53am
Maybe, but if you’re buying a home to live in for several years, seems likely prices will rebound over the longterm, no?
By corner soul on 07.09.19 11:22am