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 about $10,000 of today’s price: $529,000.
Hyde Park
Here’s an appealing Spanish-style abode with three bedrooms and one bathroom in 1,124 square feet. The interiors are updated but still possess some 1920s details, including coved ceilings and arched entryways. The dwelling has a formal dining room and mud room and is sited on a 5,006-square-foot lot, leaving room for a backyard and detached two-car garage. It’s located less one mile from the soon-to-open Crenshaw Line train station at Slauson Avenue and 60th Street, and is listed at $529,000.
Silver Lake
This condo comes with some pretty epic views of the stately Glendale-Hyperion Bridge and the Valley, LA River, mountains (and 5 Freeway). Part of a complex that was built in the 1970s off Glendale Boulevard and Riverside Drive, it’s walking distance to the river bike path, Griffith Park, and the bars, restaurants, and shops on Rowena and Hyperion avenues. The unit clocks in at 836 square feet and holds one bedroom and one bathroom, plus a balcony to soak in the vistas. It’s outfitted with in-unit laundry and central AC and comes with one parking spot, a storage area, and access to the property’s pool. The asking price is $525,000, plus monthly HOA dues of $628.
Tujunga
Deep in the San Fernando Valley, this classic California bungalow comes with a spacious backyard fit for outdoor dining and is minutes from hiking trails in Angeles National Forest. The compact home measures 905 square feet and holds two bedrooms and one bathroom. The living room features a brick fireplace and large skylight, while the kitchen has new cabinets, subway tiles, and stainless steel appliances. Updates include a new roof, windows, and copper plumbing. The property also holds a detached two-car garage and is listed at $539,000.
Sherman Oaks
Here’s a classic 1940s condo that still sparkles with vintage charm, namely thanks to retro tile in the kitchen and bathroom. Part of a Traditional-style courtyard complex, the second-story unit receives lots of sunlight and appears to still have its original hardwood floors. It spans 1,151 square feet and contains three bedrooms and one bathroom. Other features include a dining area and in-unit laundry. Steps from ArcLight, Whole Foods, and the bars and restaurants on Ventura Boulevard, the unit has a price tag of $535,000, plush monthly HOA fees of $438.
North Hollywood
This roomy townhouse, built in 1990, is walking distance to the Orange Line BRT and Red Line subway station on Lankershim Boulevard—and to the NoHo Arts District. In 1,331 square feet, the two-level unit has three bedrooms and two and a half bathrooms, including a master suite, plus tall ceilings, a gas fireplace, and, per the listing, a large laundry room that could be used as a bonus room. The unit also comes with a private two-car garage. It’s on the market for $525,000, plus monthly HOA dues of $394.
Comments
Lot’s of good choices today. I was all set to go with Silver Lake until I saw the outrageous HOA fee of $628. What the hell are they paying for with that fee. I went with Tujunga, yeah it’s deep in the Valley, but it’s a cute, well kept house with a nice big garage
By mrjim1 on 03.10.20 10:06am
They are paying for bad management and having to make up for years of improper maintenance.
By LADude on 03.11.20 11:51am
Yeah, I kind of figured, I was hoping someone might actually know what happened there. Doesn’t matter, just RUN the other way
By mrjim1 on 03.11.20 12:10pm
America in a nutshell.
By corner soul on 03.11.20 12:13pm
We have a bingo.
By LADude on 03.11.20 1:46pm
I love Silver Lake. The one in Tujunga is the runner-up.
By Topaz113 on 03.10.20 6:57pm
It’s going to buy a lot lot more, and very soon. Absolutely do not buy now. That hissing sound is air coming right out of the bubble.
By AlexX101 on 03.11.20 5:22am
People have been saying that going on 4 years now and yet, here we are.
By LADude on 03.11.20 11:51am
Yes, here we are with the DOW down almost 20% from its highs, and Goldman Sachs predicting another 15%.
Also, Treasuries selling when traditionally Treasuries are a safe haven when stocks decline.
Will job growth continue when companies report at the end of the fiscal quarter? Will companies cut jobs?
It’s a risky time to be buying a home unless one has cash and is not stretching resources to pay a mortgage.
By BingoWest on 03.11.20 12:03pm
The ripple effect of what’s happening in China is just beginning. I would hold tight until after the election. Fasten your seatbelts, it’s going to be a bumpy year
By mrjim1 on 03.11.20 12:12pm
We’re for sure in a debt bubble and our economy is a house of cards. But we also have a severe housing shortage and it is economically and politically unfeasible for us to ever get out of it. And if the housing market ever does come down, with a volatile stock market and interest rates (versus inflation) making it so you lose money by having it in a savings account, people are going to buy/invest in real estate which will drive prices ever higher.
By LADude on 03.11.20 1:51pm
"If the housing market ever does come down", as you stated, it will definitely be the time to buy.
Now may be the time. I don’t know; but at the present LA housing prices, we’re waiting.
By BingoWest on 03.11.20 2:26pm
historically, home values plateau or just grow more slowly during recessions. ’08 was unprecedented.
By TheLastWhiteManInSouthCentral on 03.12.20 7:59pm
I’m worried about the opposite in the short term, if stocks stay a disaster zone for months on end, maybe more money will flood into real estate as a safe haven. When the market starts to turn around, people may start dumping property… or not. Not sure how it’s going to go. I might be in the market for a house soon and am extremely wary about where things are headed.
By Alar's Ashes on 03.17.20 3:29pm
what a splendid s*** hole this city is
By TheLastWhiteManInSouthCentral on 03.12.20 8:12pm
Architecturally, I love Sherman Oaks. I lived for ten years, in a place similar to this, and loved it.
By Necco on 03.12.20 8:22pm
I Love LA!
So glad I invested in LA when I did. My investment is paying off BIG TIME!
By I_Love_LA on 03.12.20 11:06pm
Tujunga is the winner here, beautiful looking house and spot. Not sure about the valley, not sure if it’s the inferno zone or more cool.
By Alar's Ashes on 03.17.20 3:32pm