BUSINESS REAL ESTATE Hot Property

What does $550,000 get you in Southern California?

Not every home in Los Angeles County goes for $1 million-plus. Here's a look at a few homes in L.A. and Orange counties that go for about $550,000.

Daniel Dahler

BEVERLY HILLS: This two-bedroom condominium is located about two blocks away from Santa Monica Boulevard and half a mile north of Wilshire Boulevard

Address: 340 N. Oakhurst Drive, No. 205, Beverly Hills, CA 90210

Listed for: $548,000 for two bedrooms, one bathroom. (662 square feet)

Features: Beamed ceilings, wood flooring and built-in storage.

About the area: In the 90210 ZIP Code, based on six sales, the median sales price for condominiums in April was $1.042 million, up 8% from a year earlier, according to CoreLogic.

Redfin

LONG BEACH: Designed by modernist architect Paul Edward Tay, this Midcentury home spans four floors with original fireplaces and walls of glass.

Address: 3375 North Crest Drive, Long Beach, 90807

Listed for: $575,000 for four bedrooms, 3.5 bathrooms, 2,696 square feet (5,017-square-foot lot)

Features: The 1960s home has multiple balconies that overlook a tiered backyard with drought-tolerant landscaping and artificial turf instead of grass.

About the area: In the 90807 ZIP Code, based on 31 sales, the median sales price for single-family homes in April was $640,000, up 25.7% from a year earlier, according to CoreLogic.

Realtor.com

GRANADA HILLS: This Spanish-style home sits on a corner lot in Old Granada Hills with a gated front yard, fruit trees and a private patio.

Address: 17804 San Fernando Mission Blvd., Granada Hills, 91344

Listed for: $569,950 for three bedrooms, two bathrooms, 1,789 square feet (6,502-square-foot lot)

Features: Built in the 1920s and recently renovated, the home features new wood floors, crown molding and an updated kitchen with quartz countertops.

About the area: In the 91344 ZIP Code, based on 43 sales, the median sales price for single-family homes in April was $530,000, up 6% from a year earlier, according to CoreLogic.

Realtor.com

SANTA ANA: A pitched roofline and front porch lends a distinctive look to this updated Craftsman-style home in the Heninger Park area.

Address: 214 South Birch St., Santa Ana, 92701

Listed for: $559,000 for four bedrooms, 2.5 bathrooms, 2,030 square feet (6,534-square-foot lot)

Features: New laminate and tile flooring runs throughout the lower level of the home, which includes a living room with a brick fireplace and a step-down dining room.

About the area: In the 92701 ZIP Code, based on 12 sales, the median sales price for single-family homes in April was $405,000, up 10.1% from a year earlier, according to CoreLogic.

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