Editor’s Note: This list is from our October 2017 L.A. Real Estate issue. For the rest of the L.A. Real Estate package, check out the issue here.
These five communities that offer loads of virtues aren’t located on the other side of the moon, and they still feature houses that are only a little above median price in the city.
Median Home Price: $687,000
Average Days on the Market: 24
A short drive to Old Pasadena, Monterey Park, and DTLA, Alhambra boasts a Main Street lined with restaurants representing various corners of Asia. The area is rapidly transforming with the addition of apartments, town homes, and ersatz McMansions, but you can also find Craftsman bungalows, and postwar cottages. Some of the earliest houses are in the Ramona Park, Mayfair, and Emery Park neighborhoods and compete for the “Heritage Home Awards.”
2. Magnolia Park, Burbank
Median Home Price: $684,00
Average Days on the Market: 27
Rows of postwar bungalows march along tidy streets dotted with the occasional Tudor or Craftsman from an earlier time. Most yards are shared, but whenever there’s a fence, it’s usually of the white picket variety. (Director Tim Burton, who grew up nearby, has described the area as having “that weird ’50s quality.”) And that was before Magnolia Boulevard was populated with quirky businesses, from a mystic museum to a year-round Halloween store.
3. Balboa Highlands
Median Home Price: $650,000
Average Days on the Market: 38
Developer Joseph Eichler’s midcentury modern homes are abundant in Northern California, but architects A. Quincy Jones and Frederick Emmons designed about only 100 of them for him in Granada Hills in 1963. Their open post-and-beam design, generous living spaces, and indoor-outdoor atriums make them as coveted and rare as the first Corvettes. The City of Los Angeles granted the area protection as a Historic Preservation Overlay Zone in 2010.
4. Adams Hill
Median home Price: $750,000
Average Days on the Market: 28
Spanish and Tudor homes started appearing on the hillsides north of Forest Lawn (quiet neighbors) in the 1920s. The winding streets gradually filled with tall traditionals hidden in the woodsy overgrowth and modern numbers with airliner views of the Valley. Young families and arty old-timers meet up at Adams Square, which features restaurants, a library, and a mini park carved out of a 1936 Richfield gas station in the center of town.
Median Home Price: $569,000
Average Days on the Market: 34
The Forum’s revival as a music venue, the promise of the forthcoming Crenshaw Line and new Hollywood Park stadium, and the spread of art studios in former industrial spaces have breathed new life into this city just east of LAX. Restaurants have sprouted on Market Street in the walkable downtown. Modest Spanish Colonial Revival and Minimal Traditional homes built shortly after World War II line the historic neighborhoods around Edward Vincent Jr. Park.