Beyond the demographic transition that everyone else has already noted, a lot of people see South LA as the next gentrification frontier in LA with the new stadium developments in Inglewood and the Crenshaw Line, and if/when the northern extension gets going that’ll be another game-changer in the area. There’s been a lot of angst about this – when the state housing bills were coming up over the past few years, the arguments in South LA were pretty fierce.
It was also the South Bronx when the Old Yankee Stadium was getting demolished and the New Yankee Stadium getting built as well.