Live under a bridge in LA for $250K: A hot real estate trend?

1 min read
Source: USA TODAY
Live under a bridge in LA for $250K: A hot real estate trend?
Photo: USA TODAY
TL;DR Summary

Compass Real Estate is selling a one-bedroom, one-bathroom apartment in Alhambra, Los Angeles, for $250,000. Despite its unique location under a bridge, the 450-square-foot apartment is in demand, with over 200 people interested in adapting to this affordable lifestyle. The median sale price for a single-family house in Southern California is $785,000. The apartment's price is $100,000 less than the average cost of a one-bedroom home in the Alhambra neighborhood, making up for the lack of a dedicated parking spot.

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