Quote:
Originally Posted by fintstone
A little off topic, but it surprised me that celebrities lived in what appeared in the photo to be such a middle class (or even lower middle-class neighborhood) as shown in the photos. I did a little research and saw that those homes were all valued at more than $1M. Some much more. They would not even be half that where I live.
It is amazing what it costs to live in/near LA now. It probably seems normal if you live there. Great weather, but I can buy/sell a 4000-6000 sq ft. brick home with a 3-car garage on 10 acres for that with a cherry '89 911 in the garage included.
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Yep. These are mostly single family homes, probably built in the 1960s in close proximity to downtown LA and the Hollywood music scene. The area is relatively safe but I personally don't think the juice is worth the squeeze. I have expected this RE bubble to burst for quite a while but with Floyd riots, crushing government lockdowns, failing schools, raging wildfires, and still prices climb.
The weather is nice though.
