For decades, the “City of Angels” has been a top choice for many active adults due to its sunny weather, proximity to gorgeous beaches, and exciting array of shopping, dining, and entertainment. However, many retirees consider the city to be unaffordable, but that’s not necessarily true. There are some beautiful 55+ communities in or near Los Angeles that are currently selling homes for around $400k or less.
Read on to discover more about these welcoming, budget-friendly communities.
Low $400s - Mid $600s
Breakwater Village is a 191-condo community located just two miles from the beach in Redondo Beach, California. This 55+ community boasts an idyllic location within walking distance of the South Bay Galleria. With a small number of homes, this charming community has an intimate, friendly atmosphere, where neighbors can get to know one another.
Built between 2007 and 2009, the 191 condominium units at Breakwater Village are offered in nine models that range from 782 to 1,336 square feet. These low-maintenance resale homes feature one to three bedrooms, one or two bathrooms, and include gated underground parking. The units in this community offer an upscale, luxurious aesthetic, with granite countertops, gourmet kitchens, stainless steel appliances, and European-style cabinets.
The amenities at Breakwater Village include a community room, a catering kitchen, and a well-equipped exercise room as well as billiards tables for gaming. Outside, residents can enjoy cool ocean breezes and sunny skies while swimming in the pool or relaxing on the adjacent patio. There are also paved walking trails and a barbecue area for outdoor community socials.
High $200s - Mid $500s
This mid-rise condo community in Los Angeles offers attractive features, an affordable price tag, and a highly convenient location in the middle of the Little Tokyo district—an area bursting with culture, fine dining, shopping, and art. Teramachi Homes is currently selling homes for well under $400k.
Built between 2006 and 2007, this charming, 55+ community features 127 one- or two-bedroom condominiums ranging from 970 to 2,050 square feet. These cozy, low-maintenance homes offer screened balconies and patios, fireplaces, natural light, gas appliances, and central air conditioning and heating. Ample parking is available in either the building's garage or in the outdoor visitor lot.
The amenities at Teramachi Homes begin with a community room with a catering kitchen, where residents gather to socialize, relax, play games, and attend get-togethers. There’s also a fitness center and a resort-style pool that spans both indoor and outdoor spaces. Residents can also enjoy a spa, a sauna, and a barbecue area as well as outdoor lounge areas and paved pathways for relaxing strolls.
Mid $300s - High $400s
Located in the coastal city of Torrance, Trade Winds is a small, 91-unit condo community about 30 minutes outside of Los Angeles. This gated 55+ community offers a welcoming, intimate setting near plenty of shopping, dining, and everyday conveniences.
The budget-friendly condo units at Trade Winds were constructed between 2003 and 2004, and they range from 993 to 1,212 square feet. These homes offer two or three bedrooms, one-and-a-half or two bathrooms, and underground garage parking. Residents enjoy in-demand features such as walk-in closets, double-sink vanities, ten-foot ceilings, and gorgeous Palos Verdes views.
Some of the amenities offered at Trade Winds include an expansive community room, an exercise room, and a catering kitchen as well as a well-stocked library and a billiards table for some neighborly competition. Outside, active adults take advantage of SoCal’s famous climate at the resort-style pool and relaxing spa. The outdoor patio is also the ideal place to relax and soak up the sun.
Low $300s - Low $400s
Another Torrance gem, Pacific Village offers homebuyers a carefree, low-maintenance lifestyle in a cozy environment. Built in 2002, this intimate community has only 61 condo homes, and residents enjoy a centralized location near several beaches and just minutes from Los Angeles.
The 61 condo units at Pacific Village range from 449 to 880 square feet with one or two bedrooms and one to two bathrooms. These units boast a charming Mediterranean-inspired exterior, elevator access to every level, and ample resident and guest parking. Some units feature modern upgrades such as granite counters, walk-in closets, and hardwood flooring.
The amenities at this 55+ community help keep residents active, social, and relaxed. The welcoming community room is the perfect space for homeowners to socialize with friends, and the on-site catering kitchen makes throwing parties and get-togethers a breeze. There’s also a laundry room on-site as well as a pool, a spa, and a patio for enjoying the area’s unrivaled climate.