Spring 2023 has shaped up as one of the slowest-selling seasons on record for Southern California.
Low housing inventory has kept home prices afloat.
See what affordable housing in LA looks like! Interested?!
This "waterfront" home has 1 bed/1 bath, 462 sq. ft. of living space, and is on a 1,819 sq. ft. lot.
The property is below street level and embedded into the side of a bridge overlooking the Alhambra wash.
Text me if you want a tour: 818-445-7953.
Luxury home sales in LA plummet after "Mansion Tax" start date
Measure ULA — also known as the “mansion tax” — was passed by L.A. voters in November 2022 to establish the city’s first dedicated stream of affordable-housing revenue. The measure adds a 4 percent tax to sales over $5 million and 5.5 percent tax to sales over $10 million.