Best place to retire: South Park
Pros: Downtown with public transportation.
Cons: Not as expensive as Wilshire, but still pretty costly.
Real estate: You'll drop at least $600,000 for 1,000 square feet in South Park. Want to rent? You'll spend at least $2,000 for a loft.If you're looking for a neighborhood where you can walk to everything, Los Angeles doesn't have much to offer: It's about as concentrated and orderly as a Rorschach inkblot. But L.A. is trying.
The Wilshire Boulevard corridor is fairly established, but even low-end condos there will put you out $1 million. Instead, look to up-and-coming South Park. It's on the light rail line, the University of Southern California is just three miles down Figueroa Street, and you can walk to Staples Center, Gallery Row, and the Theater District.
There are also plenty of 55-plus communities all over the metro area, as well as waterfront homes for the super-wealthy.
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