Curbed LA reports there is a glut of homes for sale in Montecito Heights. The piece skews pretty negative, clearly these are tough economic times. But there's a silver lining. Potential buyers who've been frozen out of the sky-high market now have a shot in Hades to buy property in LA.
Sure, Montecito can be rough around the edges, but it's got a ton of upside. For one, the "Heights" part -- you can get a Hollywood Hills-style view without the Tinseltown price tag.
Montecito's proximity to the freeway makes it easily accessible to downtown, Silver Lake, and the valley. You could practically throw a hot dog and hit Dodger Stadium.
Plus, it's got one of the best taco stands in the city: King Taco. The carne asada is reason enough to move here.
King Taco
2904 N Broadway
323-222-8500
