I feel like DTLA will never truly gentrify due to how far inland it is from the ocean (San Diego: apartments, crime)

[Maximalist]

Or at least not in our lifetimes. They’re far too many urban neighborhoods much closer to the coast which is where most people with money want to live. A perfect example is Culver City. A once ordinarily single family style suburb has become a developer’s gold mine due to proximity to Santa Monica and LAX. Century City isn’t necessarily urban but it has plenty of amenities in the surrounding areas (Westwood, Beverly Hills, Santa Monica).

My prediction is that DTLA will continue to improve but will never be the “It” spot for tourist and playground of the elites. Koreatown has a better chance at becoming the most vibrant neighborhood in SoCal. Expect the entire Westside to densify at a faster rate than DTLA.

Just to put it into perspective, DTLA is 15 miles Inland which is the equavalent of El Cajon in San Diego County which is a city that nobody from the coastal parts of the county ever venture into due to distance and it’s always hot.

Conclusion:

DTLA will attract the low budget hipsters/ new grad young professionals who don’t mind living in a slightly higher crime district

The Coast will remain for the elites nomatter how much housing is built. Micro-apartments the size of 400 sq will be rented out for $3,000+ due to “location location location and included luxury amenities”.

[NJ Brazen_3133]

Every where else is priced too high though. DTLA can still be affordable. Where is affordable is where gentrification will take place.

[Maximalist]

Originally Posted by NJ Brazen_3133

Every where else is priced too high though. DTLA can still be affordable. Where is affordable is where gentrification will take place.

Skidrow is not going away anytime soon.

[kttam186290]

A lot of the gentrification downtown will be driven artists and creative types being pushed out of San Francisco/Oakland.



And, of course, by creative types leaving the LA suburbs and creating "urban infill".

[sean1the1]

If the coast, and the entire westside is already through the roof. Why then do we need downtown to be through the roof as well? DT is developing quite nicely IMO it doesn't have to be the home of the super rich to be the "it" spot, and I live at the coast, and still enjoy DTLA.

[jm1982]

Downtown L.A isn't cheap these days.



Take a look here at rents.

https://www.apartments.com/downtown-...os-angeles-ca/


There is a ton of development and money being poured into DTLA and has been for several years. Culver City is nice but it's not anything like Downtown L.A.



I don't think i'd want to live in DTLA at least at this point , but I could see the appeal for many people if they are looking for a walkable ,urban area with historic architecture which is the closest thing we have to Manhattan NYC in SoCal.

[Pro1000]

There's 18 million people in the metro and not everyone is thinking about living close to the beach. You'd have a point if this was an area of around 2-3 million people but this is far from the case. Also Koreatown will be connected/become an extension of DTLA in about 3-4 years or so

[Hiruko]

Originally Posted by Maximalist

Or at least not in our lifetimes. They’re far too many urban neighborhoods much closer to the coast which is where most people with money want to live. A perfect example is Culver City. A once ordinarily single family style suburb has become a developer’s gold mine due to proximity to Santa Monica and LAX. Century City isn’t necessarily urban but it has plenty of amenities in the surrounding areas (Westwood, Beverly Hills, Santa Monica).

My prediction is that DTLA will continue to improve but will never be the “It” spot for tourist and playground of the elites. Koreatown has a better chance at becoming the most vibrant neighborhood in SoCal. Expect the entire Westside to densify at a faster rate than DTLA.

Just to put it into perspective, DTLA is 15 miles Inland which is the equavalent of El Cajon in San Diego County which is a city that nobody from the coastal parts of the county ever venture into due to distance and it’s always hot.

Conclusion:

DTLA will attract the low budget hipsters/ new grad young professionals who don’t mind living in a slightly higher crime district

The Coast will remain for the elites nomatter how much housing is built. Micro-apartments the size of 400 sq will be rented out for $3,000+ due to “location location location and included luxury amenities”.

DTLA is already gentrifying a lot. There are some expensive luxury properties, including many that have been popular with foreign investors.

I don't know why you think proximity to the coast is so important. There are a lot of sketchy communities close to the coast. Yet, there are also some very vibrant, wealthy, and luxurious communities to the east of DTLA. La Cañada Flintridge and the San Gabriel Valley are the classic old money areas in Southern California and they have attracted a lot of new investment from all over—including overseas as of late. How familiar are you with the area?

[Astral_Weeks]

Originally Posted by jm1982

I don't think i'd want to live in DTLA at least at this point , but I could see the appeal for many people if they are looking for a walkable ,urban area with historic architecture which is the closest thing we have to Manhattan NYC in SoCal.

Probably the first and last time we agree on something...I would have left out the Manhattan reference but not going to quibble.

[Californiaguy2007]

Downtown L.A has enormous potential which is why the developers are building there,because they know that is a prime location even if it's not immediately along the coast....The simple fact you have an L.A Address or live within the Greater L.A Region has lots of advantages though it comes with a high price tag.

Downtown is developing at a good pace and it looks so amazing in many photos with the snowcapped mountains in the backdrop as well.

If I was a Developer or Businessman I would definitely invest in DTLA.