Recently Sold Homes in Downtown, Los Angeles

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Downtown Real Estate Insights

Downtown Los Angeles is a neighborhood located in Los Angeles, California.

If you pride yourself on having a palette for satisfying, tasty high-end cuisine, you will probably enjoy the highly-rated restaurants in Downtown Los Angeles, including food stands, Mexican and Persian. There are many nightlife venues available to enjoy here, giving good options for every situation. Lovers of the arts are in heaven here with the all the music halls, museums and performing arts spots that Downtown Los Angeles has to offer; there is something new to do every single week. This neighborhood is well known for its shopping; featuring pop-up shops, jewelers and wholesale stores and many others, you'll be able to find almost anything you need here. With transit options available here, some people make regular use of public transportation to save money and avoid the traffic. Many of the residential areas here are close to the commercial areas where people often work, meaning that there are many people here who commute on foot.

Since a lot of the houses are rented by people, Downtown Los Angeles will have a lot of new residents coming in the future. There is a low number of married individuals here, which makes it great for the eligible bachelor or bachelorette. The this neighborhood area has a below-average median income level.

Living in Downtown Los Angeles comes at a cost of $904,481. Home prices here marginally dropped 4 percent this year. In the meantime, the share of homes on the market slightly increased, with a 9.4 percent rise in inventory year-over-year. Recently, this neighborhood offers homebuyers 128 listings on the market. Some properties around here come equipped with stainless steel kitchen appliances, offering a uniform, stylish look that works with almost any color scheme. This locale features quite a few rooftop pools - the epitome of luxury and style - perfect for relaxing with friends, meeting your neighbors, and hosting upscale events. If you want to maximize the space in your house then you're in luck because many homes in Downtown Los Angeles come with space-efficient lofts.