2021’s Least Expensive Homes in the Most Expensive Zip Codes
It's not that difficult to imagine some of the most expensive ZIP Codes and addresses in Los Angeles County. Bel Air, Beverly Hills, Santa Monica, and Malibu are just a few that come to mind. However, if you're looking to move to one of these high-end and affluent neighborhoods, you may not be able to afford a $20 million budget. That doesn't necessarily mean that you are out of luck living in these expensive ZIP Codes. It is possible to find some of the least expensive homes and rentals in the most expensive neighborhoods. Here's a guide to seeking out those hidden treasures.
Bel Air is one of Los Angeles County's and the Los Angeles Metro area's most premier and affluent communities. This is where you find multimillion-dollar homes, fantastic views, and unique customizations in just about every home. But you don't have to have a $20 million budget to live here. Granted, you're not going to find a $300,000 home either, but finding something that's under $1 million is actually fairly doable.
You can even find lots and land for sale between $800,000 and 1.5 million, ideal for building your own perfect dream home. Condominiums are also optional and start at about $700,000 for a two-bedroom, two-bath condo with a little over 1000 ft.². In fact, even the penthouse at 2345 Roscoemare Road, there's currently a listing for $699,000.
Beverly Hills actually covers quite an extensive part of the Los Angeles Metro area and of course, you'll find properties and high-rise condominiums well into the multimillion-dollar budgets. But that's not the only thing that you can buy. Condominiums, easily found along the Sunset strip, can start at about $800,000 for one and two-bedroom properties. You can find lovely layouts, beautiful amenities, and lots of options between $800,000 and $1.6 million. For single-family homes, Beverly Hills starts at about $2.1 million and quickly jumps to about $3.2 million. But, there are quite a few homes in that $3 million-$4 million range.
Santa Monica is known for its fantastic views of the Pacific Ocean and properties right down on the water. Single-family homes of less than 1000 ft.², two bedrooms, one bath can start at about $1.3 million. But Santa Monica is also known for its great lofts and condominiums, which actually start quite a bit less. Current one bedroom and one bath and studio condos start at about $435,000. There are several condominiums for sale in the $500,000-$600,000 range and of course, you have all the great amenities such as swimming pools, tennis courts, fitness centers, and rooftop patios.
Just outside of the LA Metro area along the beautiful shores of the Pacific Ocean sits the elaborate and affluent Malibu. But, you don't need to break the bank to buy here either. Malibu has a variety of condominiums starting at about $780,000. And surprisingly, they have a lot of amenities and space. Currently, there's a three-bedroom and two bath condominium, move-in ready, with nearly 1400 ft.² priced at $787,000. From there, it jumps up just over $1 million and you'll find a variety of condominiums and even single-family houses under $2 million.
Finding the least expensive home in the most expensive ZIP Code is not difficult when you put in a little bit of research. But, if you want someone else to do the heavy lifting, feel free to contact me at any time. I'd love to offer a list of properties that match your search criteria and price in any of the Los Angeles County real estate markets as well as rentals, homes first, and condominiums.