Heat Map: City of Angels
Back by popular demand, we have more heat maps coming your way. Today we take a look at Los Angeles and what happens when we take current Zestimates and divide by the finished square footage of homes — a map to the most expensive places to live. (Click on map for a larger view.)
The Los Angeles metro area includes some of the most expensive real estate in the nation, and this map’s highlighting of pricier properties along the coast comes as no surprise. From the beaches of Malibu and Santa Monica, up to the highlands of Brentwood, Bel-Air and Beverly Hills, one has to pay over $1000 per square foot to rub elbows with Hollywood’s celebrities. There is even a rumored secret $150 million asking price which also happens to be one of the most-browsed homes on Zillow.
Although not particularly known for a downtown, there is a pretty well-defined city center which also has some of the most affordable housing in the LA area. The I-10 corridor out to Ontario appears to be a bit more affordable than the surrounding areas to the north and south. Following the I-110 and I-710 from LA to Long Beach one comes across more affordable real estate, including the San Pedro area right on the bay. To the south it’s interesting to note the contrast in prices between the coastal spots of Huntington and Newport Beach.