In one year Crest has been transformed.

The area has just recently undergone a drastic transformation from a rural area to suburban with numerous stores, condos, and sf homes having been built in the past 3 years.

@Henry Nguyen : Rehabbing is what excites me, seeing the transformation from something no one wants to something great.

Clinton please be more specific.You could have a mixed use of 100,000 sq ft or 1,000,000 sq ft.Some really large projects can transform a whole county or city.Whether it's a positive or a negative depends on tons of factors and how you see it.

If Candlestick development goes well, together with the shipyard it will completely transform BV....

"Do not conform to the patterns of this world but be transformed by he renewing of your mind."

Wow @Slav Tkachenko  the transformation looks great! 

It is merely a shadow of the Hispanic community it used to be 20 years ago; with a massive transformation occurring in the last 10 yrs.

I believe in the future of Los Angeles and think that if you buy in a decent neighborhood (looking in parts of Hollywood, Echo Park, Mt Washington, USC adjacent, and other transforming areas of LA), get a tenant to pay the mortgage, then repeat as often as your capital allows, you will look up in 20 or 30 years and have both substantial income and massive asset base.   

I found it interesting that in many flips that went through transformation and rehab of the seller that many potential buyers walked.