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24/7 Wall St.:The 10 Hottest Neighborhoods in 2013

11 of 12

1. South Park, L.A. Live

City: Los Angeles, Calif.
Median price per foot, 2012: $476
Percent change since 2011: 26%

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 Cities Where Violent Crime Is Soaring

The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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