Los Angeles, Calif. Median price per foot, 2012:
$476 Percent change since 2011:
On paper alone, the South Park area of Los Angeles does not seem like it’s about to stage a comeback. According to stats provided by the Los Angeles Times, it is one of the densest and poorer neighborhoods of L.A. But the adjacent “L.A. Live” commercial development, anchored by the Staples Center, is turning things around quickly. A marketing campaign for South Park states that “over 30 restaurants, nightclubs and entertainment locations are within a 10-minute walk.”
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: The Worst Product Flops of 2012 American Cities Adding or Losing the Most Jobs The Cities Where Violent Crime Is Soaring The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.