And yes, I'm going to go there. I'm actually using $1Mil as a benchmark for affordability. These are the times we live in, in L.A. (Keep in mind our Norcal neighbors are laughing at these affordable prices.)
Despite the gloom and doom news about home affordability (some of which is true), certain pockets of the city are still in high demand and the buyers can actually afford what they're looking for. Some DTLA owners are opting to rent out their DTLA pad and try out a house with a yard in these pockets or buy an investment to AirBnB.
Some excellent up and coming neighborhoods where values are still rising due to proximity to DTLA and other major hubs, and prices on average are under $1Mil.
Highland Park
Glassell Park
Montecito Heights
Lincoln Heights
Hermon
Monterey Hills
El Sereno
Garvanza
West Adams/Jefferson Park
View Park/Park Hill Heights
