What's Parts of LA will be gentrified in the next decade?

[Dw572]

Originally Posted by NORTY FLATZ

"EasLos" has had this "ownership" balony by mexicans for 100 + years. They don't own the streets. The City does. Makes no difference how many walls Juan spray paints, it's STILL public property.

Agreed. At the end of the day money talk, cows walk. "They" don't "own" that neighborhood anymore than any other group proclaiming a certain peice of land without a formal declaration that is backed by tangible reason.
Spray painting a wall is not a true tangible assest to declare ownership and they will learn this when they wake up somewhere in Palmdale or Victorville.
Besides, 100 years is not even a long time in the grand scheme of things.
Now imagine that day when "East Los" becomes a "true" diverse area with different ethnic and racial backgrounds of greater income. That would be a real sight to see.

If Juan and the rest like things ghetto, well Victorville, CA is the next up and coming premier ghetto territory where they can claim streets. Plenty of open land to claim.

[CaliforniaGal]

Originally Posted by 909er

Dude, you don't even live here yet. You still have your wet pipe dream (which, hey, is all good) about what it's going to be like, so don't go spouting sound and fury about on a subject others have a decade or four of experience on, and you don't.

Yes, Hawthorne is just screaming gentrification. Just check out all those beautiful streets screaming for a good hipster fence

Just for the record and I know these are old posts...Hawthorne (Holly Glen area) homes are going for over 1 million dollars now. Our home under the 405 freeway from HollyGlen is going for 1 million. It's a large 4 bedroom house. Space X - Google have brought many young couples into Wiseburn and Holly Glen area. We have the best schools here.

Now if you head down Rosecrans you are hitting some bad areas of Hawthorne which extends almost to Compton. Hawthorne is a big city however the closer you are to El Segundo/Manhattan Beach the nicer the area which also includes Del Aire.

Just the truth.

[apple92680]

Originally Posted by Dw572

Agreed. At the end of the day money talk, cows walk. "They" don't "own" that neighborhood anymore than any other group proclaiming a certain peice of land without a formal declaration that is backed by tangible reason.
Spray painting a wall is not a true tangible assest to declare ownership and they will learn this when they wake up somewhere in Palmdale or Victorville.

Palmdale's gotten expensive too. Granted, still more affordable than the Coast, but the demographics are moving in a direction to where they opened a Sprouts store and will soon open a second one. The pandemic brought a lot of first-time home buyers out to the Antelope Valley from the San Fernando Valley and other parts of the LA Basin, and -- combined with the ongoing aerospace boom -- started a positive demographic shift. Much of the previous rental housing stock was resold to new home buyers. A lot of the renters who were using Section 8 subsidies have since moved on further out to Kern County, Victorville, Las Vegas and Phoenix.

Originally Posted by Dw572

Besides, 100 years is not even a long time in the grand scheme of things.
Now imagine that day when "East Los" becomes a "true" diverse area with different ethnic and racial backgrounds of greater income. That would be a real sight to see.

If Juan and the rest like things ghetto, well Victorville, CA is the next up and coming premier ghetto territory where they can claim streets. Plenty of open land to claim.

Victorville is like Palmdale 20 years ago, very blue collar!

I'm Latino and I grew up partly in East Los Angeles. I'm a college professor. My wife is also a college professor.

Remember that next time you want to stereotype this "Juan"

[Bloke2611]

Who is buying the 400-500k+ houses in South and East LA? Investors?

The median incomes there seem low compared to other parts of the city. What are the rough owner/renter occupancy percentages?

[CA4Now]

Originally Posted by Bloke2611

Who is buying the 400-500k+ houses in South and East LA? Investors?

According to this, 20% of these homes are purchased by investors.

According to Redfin, investors snatched up about 1 in 5 homes in Los Angeles, Anaheim and Riverside last quarter, a 25% increase from the previous year. Three out of four real estate investors paid for the investment home in cash.

https://spectrumnews1.com/ca/orange-...tate-investors

[UrbanQuest]

Anyone know how Westlake is coming along? What potential there. That whole neighborhood should be a premier LA neighborhood imo.

I think there is even a great tower proposed right by the McCarthur park.

[NJ Brazen_3133]

Originally Posted by Bloke2611

Who is buying the 400-500k+ houses in South and East LA? Investors?

The median incomes there seem low compared to other parts of the city. What are the rough owner/renter occupancy percentages?

Speculators and slumlords who will rent out places to 8 illegals for higher rents but should be easy for 8 people to afford. Or they get a family on welfare so the govt/taxpayers cover most of the rent, all while still letting more people live there to help out with expenses.

[CA4Now]

Originally Posted by NJ Brazen_3133

Speculators and slumlords who will rent out places to 8 illegals for higher rents but should be easy for 8 people to afford. Or they get a family on welfare so the govt/taxpayers cover most of the rent

You're assuming that it's some type of simple task for a family to qualify for welfare in California.

https://www.benefits.gov/benefit/122...ounger%2C%20or

[Dave Coe]

Apparently Beverly Hills pressured LA to clean up MacArthur Park as a condition for allowing the metro expansion.


Big high-rise complex planned about Westlake/MacArthur Park Station:





https://la.urbanize.city/post/render...r-park-station