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What $500,000 buys in five L.A. County communities

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For patrons on a finances, the Southern California housing market can really feel impenetrable. Bidding wars and provide shortages have pushed costs to historic highs, and in keeping with Redfin, the median dwelling in Los Angeles County bought for $839,000 in February.

Luckily, The Occasions lately revealed “The Great SoCal House Hunt,” a complete, step-by-step information to purchasing a house in Southern California. It even comes with a Southern California-specific calculator that analyzes your funds and tells you the way a lot you may afford (and what neighborhoods are a match).

Consumers within the $500,000 vary could have to contemplate condos, city properties or tenancy-in-common units along with single-family residences, however for these prepared to get inventive, there are nonetheless loads of choices. Right here’s what $500,000 buys in 5 L.A. County communities.

Downtown L.A.

L.A. isn’t precisely identified for vertical residing, however if you happen to’re prepared to lose the white picket fence and grassy yard, the price-per-square-foot in most downtown buildings is cheaper than many single-family choices. Relying on the world, condos listing as little as $350,000 and supply facilities that change the conveniences of residing in a home. Simply watch out in regards to the owners affiliation dues.

A loft in downtown Los Angeles includes an open layout kitchen, dining table and living room.

A one-bedroom loft within the Style District in downtown Los Angeles contains an open format kitchen, eating desk and front room.

(Jonathan Yuen)

The house: This century-old unit sits within the Cornell, a historic constructing within the Style District’s Santee Village that’s been transformed into stylish lofts. Unique steel-framed home windows pair with 10-foot concrete ceilings within the residing areas, and regardless that there’s just one devoted bed room, the 1,000-square-foot ground plan leaves sufficient area to be versatile. It additionally enjoys Mills Act standing to avoid wasting a bit on property taxes.

The deal with: 746 S. Los Angeles St. #604, Los Angeles, 90014

The worth: $509,000 (and $813 month-to-month HOA dues)

The specs: One bed room and one lavatory in 1,000 sq. toes

The agent: Jonathan Yuen of Iota Realty

Lengthy Seaside

Described by one latest dwelling purchaser as “a metropolis with allure the place you would additionally spend a whole weekend,” Lengthy Seaside turned a scorching spot in the course of the pandemic when many L.A. employees went distant and moved farther south. It additionally has an enormous housing inventory, and there are at all times single-family properties available on the market for nearly any worth vary.

This home includes a white-fenced frontyard.

This dwelling features a fenced frontyard, grassy yard, coated patio, a number of bedrooms and even some customized components.

(Group Whitney)

The house: Make no mistake — this can be a fixer-upper. It’s removed from move-in prepared, nevertheless it has just about every little thing you would need in a starter dwelling: a fenced frontyard, grassy yard, coated patio, a number of bedrooms and even some customized components together with classic cabinetry and a sliding farmhouse door.

The deal with: 255 E. Bort St., Lengthy Seaside, 90805

The worth: $499,000

The specs: Two bedrooms and one lavatory in 777 sq. toes

The brokers: Danielle Whitney Moore and Lauren Yi of Keller Williams Realty

East L.A.

East L.A. is such a bastion of Latino tradition that it even has a Latino Stroll of Fame, which as a substitute of Hollywood icons, commemorates Latino legends such a Cesar Chavez and Graciela Beltran. With a inhabitants of greater than 118,000, it has loads of properties up for grabs, particularly two- and three-bedroom bungalows.

A white house with black trim and horizontal fencing in front.

A rework of this East L.A. dwelling turned a bonus room right into a second bed room and added beamed ceilings and laminate flooring.

(Keller Williams Realty)

The house: A latest rework of this single-story dwelling close to Whittier Boulevard turned a bonus room right into a second bed room and added beamed ceilings, contemporary paint and laminate flooring. The outside is billed as “low upkeep” because it options gravel as a substitute of grass — however don’t fear, there are many bushes to make up for it.

The deal with: 4708 Hubbard St., Los Angeles, 90022

The worth: $485,000

The specs: Two bedrooms and one lavatory in 648 sq. toes

The agent: Ralph Ruiz of Keller Williams Pacific Estates

San Dimas

San Dimas sits on the foothills of the San Gabriel Mountains, providing a suburban retreat full of tract properties, strip malls and a bit more room than you’ll get in L.A. Commuters take the freeway lately, however in 2026, the Metro L Line is predicted to increase out to the town.

A home with a tile roof and pillars in front.

This San Dimas dwelling contains granite counter tops and whitewashed brick. Its again patio overlooks the group pool.

(Steve Padilla / Prime Agent Pictures)

The house: Columns and clay tile contact up the outside of this single-story dwelling within the deliberate city improvement group of Montecito Village. Granite counter tops and whitewashed brick pop up within the residing areas, and the again patio overlooks the group pool.

The deal with: 116 W. By way of Vaquero, San Dimas, 91773

The worth: $525,000 (and $323 month-to-month HOA dues)

The specs: Two bedrooms and two bogs in 1,122 sq. toes

The agent: Michael Wallace of Higher House Monetary

Willowbrook

Anchored by medical establishments such because the Martin Luther King Jr. Neighborhood Hospital and Charles R. Drew College of Medication and Science, the unincorporated group of Willowbrook covers about 3.7 sq. miles simply south of the 105 Freeway. Houses there are normally fairly inexpensive, with the bulk itemizing on the market at lower than half one million.

A white house with trim and a metal gate.

This transformed dwelling options new kitchen cabinetry, quartz counter tops, tile flooring and home equipment.

(Century 21)

The house: Tucked behind gates, this transformed dwelling has new kitchen cabinetry, quartz counter tops, tile flooring and home equipment. Out again, a patio results in a spacious garden perfect for internet hosting.

The deal with: 2212 E. 117th St., Los Angeles, 90059

The worth: $499,000

The specs: Two bedrooms and one lavatory in 572 sq. toes

The agent: Chris Limon of Century 21 A Higher Service Realty