Los Angeles Homes for Sale Under $400K in Larchmont

Larchmont is a historic, charming and moneyed area of Los Angeles, on the south part of Hollywood. Old estates line the streets as do perfectly manicured lawns and high hedges. Befitting such a lovely place, the town of Larchmont has a quaint shopping street, with great restaurants and, of course, the necessary cupcake shop. It's also a neighborhood close to downtown Los Angeles, Beverly Hills and West Hollywood, so while it's a quiet area, it's easy to get to other places. There are condo's here, too, it's not only a single-family home neighborhood.

With the average listing price in Larchmont at $1.1 million, what can you get for $400K in this leafy area of Los Angeles? Some nice condos, actually.
Option #1: 1BR Condo for $399K

The first condo is listed for $399K, and is on Wilcox and Melrose in the heart of Larchmont. It's a one-bedroom, one-and-a-half bathroom, top-floor condo in a building with a pool and 24-hour security. The apartment has huge windows, a balcony and is in good condition. Sure, you might want to update the kitchen, but I happen to think black-and-white checked floors are cool. It's more than 1,100 square feet so you have plenty of space in this condo, and the location is very central within Larchmont.

Option #2: 2BR for $360K

The next place is a condo listed for $360K with two bedrooms and two bathrooms and almost 1,500 square feet of space. The building was constructed in 2003 so it's got modern amenities like a jacuzzi tub and a walk-in shower in the master bath, as well as central air. The living room has a fireplace and it's got plenty of room. So for well under the listing average, you can have a great, two-bedroom property (though you might want to tackle the kitchen. Just sayin.')

Option #3: Small 1BR for $299K

The last listing is well under the price of the two above and though it's a small one-bedroom with just 700 square feet, you can own an apartment on popular Rossmore Street in Larchmont for that low entry price. At $299,000 this one bedroom, one bathroom has a modern kitchen and is in great condition. The building is nice, as well, with security, a pool and a spa. With this condo you can own for the same price as you would rent an inexpensive apartment, which are hard to come by in this part of town.

See other homes for sale in Los Angeles' Larchmont neighborhood at AOL Real Estate.
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