L
os Angeles is a city where sports and entertainment blend seamlessly, with iconic venues that host some of the world's biggest events. The value of these arenas is influenced by factors like location, size, and the teams they host. SoFi Stadium, home to the Rams and Chargers, tops the list as California's most valuable sports venue.
The presence of these iconic sports venues has a ripple effect on surrounding real estate markets. Properties near SoFi Stadium and Dodger Stadium have seen significant value increases due to increased demand from fans, tourists, and businesses looking to capitalize on game-day traffic. This impact extends beyond residential properties to commercial real estate as well.
Here's a ranking of the top most valuable sports venues in California based on their estimated real estate market values:
6.- Dodger Stadium – Los Angeles, CA
Estimated Value: $565.2 million
Square Footage: 925,000 sq. ft.
Price per Square Foot: $611
5.- Crypto.com Arena (formerly Staples Center) – Downtown LA
Estimated Value: $579.5 million
Square Footage: 950,000 sq. ft.
Price per Square Foot: $610
4.- Chase Center – San Francisco, CA
Estimated Value: $990 million
Square Footage: 900,000 sq. ft.
Price per Square Foot: $1,100
3.- Intuit Dome – Inglewood, CA
Estimated Value: $1.2 billion
Square Footage: 1.25 million sq. ft.
Price per Square Foot: $589
2.- Levi’s Stadium – Santa Clara, CA
Estimated Value: $1.56 billion
Square Footage: 1.85 million sq. ft.
Price per Square Foot: $846
1.- SoFi Stadium – Inglewood, CA
Estimated Value: $1.83 billion
Square Footage: 3.1 million sq. ft.
Price per Square Foot: $589
realestate
Los Angeles' Sports Venues Boast Record-Breaking Price Tags, Led by $1.8 Billion SoFi Stadium
California's top sports venues: What if they were for sale? SoFi Stadium leads the pack.
Read More - realestate
realestate
Buyer found for Robin Williams' previous Seacliff residence
Seacliff home of Robin Williams sells after a year on the market
Read More - realestate
realestate
Potential for Development in Far North Side with Broadway Upzoning
Zoning proposal aims to transform Broadway on Chicago's Far North Side
Read More
realestate
Potential for Development in Far North Side with Broadway Upzoning
Zoning proposal aims to transform Broadway on Chicago's Far North Side