L.A. real estate for non-millionaires: Westside condos in the high $500,000s
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With prices for single-family homes on the Westside continuing to climb, condominiums represent a more affordable option for home buyers and investors. Here's a sample of condos in the area that are available in the high $500,000s.
The two-bedroom, corner unit previously sold for $404,000 in 2012. (Realtor.com)
PLAYA DEL REY: This corner unit in the Wembley Park building has an open-area living room and kitchen with a breakfast bar.
Address: 7857 W. Manchester Ave., Unit 110, Playa del Rey, 90293
Listed for: $559,000 for two bedrooms, two bathrooms, 800 square feet
Features: Washer/dryer, private balcony, LEED gold construction
About the area: In the 90293 ZIP Code, based on 14 sales, the median price for condominiums in June was $598,000, up 23.2% from the previous year, according to CoreLogic.
The updated one-bedroom unit on the 10th floor previously sold for $405,000 in November. (Realtor.com)
SANTA MONICA: This top-floor unit in the heart of Santa Monica is within walking distance of the Third Street Promenade and the beach.
Address: 1043 12th St., Unit 7, Santa Monica, 90403
Listed for: $567,000 for one bedroom, one bathroom, 642 square feet
Features: Vaulted ceilings, hardwood floors, new appliances, remodeled bathroom
About the area: In the 90403 ZIP Code, based on 22 sales, the median price for single-family homes in June was $968,000, down 0.8% from the previous year, according to CoreLogic.
The two-bedroom, upper floor unit previously sold for $548,000 in 2005. (Realtor.com)
BRENTWOOD:About three blocks from the Brentwood Country Club, this open-area unit features wood floors and crown molding.
Address: 1000 S. Westgate Ave., Unit 211, Los Angeles, 90049
Listed for: $569,000 for one bedroom, 1.5 bathrooms, 920 square feet
Features: Living room with gas fireplace, stainless steel appliances, private balcony
About the area: In the 90049 ZIP Code, based on 36 sales, the median price for single-family homes in June was $791,000, up 23.6% from the previous year, according to CoreLogic.
The 642-square-foot unit in Santa Monica previously sold for $433,000 in 2008. (Realtor.com)
MARINA DEL REY: On the 10th floor, this one-bedroom unit takes in partial ocean and marina views through floor-to-ceiling walls of glass.
Address: 4337 Marina City Drive, Unit 1045, Marina del Rey, 90292
Listed for: $549,000 for one bedroom, one bathroom, 935 square feet
Features: Remodeled interiors, modern kitchen, bathroom with floating double vanity
About the area: In the 90292 ZIP Code, based on 26 sales, the median price for single-family homes in June was $800,000, down 1.5% from the previous year, according to CoreLogic.
The one-bedroom unit previously sold for $559,000 in 2005. (Realtor.com)
SAWTELLE: Dark wood floors and a wall fireplace lend a polished look to this two-bedroom unit.
Address: 1441 Federal Ave., Unit 201, Los Angeles, 90025
Listed for: $589,000 for two bedrooms, two bathrooms, 1,166 square feet
Features: New carpet and tile floors, granite countertops and vanities, in-unit washer/dryer
About the area: In the 90025 ZIP Code, based on 39 sales, the median price for condominiums in June was $730,000, up 5.8% from the previous year, according to CoreLogic.
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