ApartmentForRent

edited by Jodi Summers   Los Angeles is 48% homeowners and 52% renters. Renter majority is part of a national trend. Over the last 10 years the United States has lost 1 million net homeowner households and has gained an overwhelming 10 million rental households.   The renter trend has accelerated since the downturn, and […]

Buying is 16 percent cheaper

by Jodi Summers Los Angeles has the fourth highest median rents in the country. Around town, “price per bedroom” is $1,450…with the median doubling to $3,000 in the most expensive beach neighborhoods. As expected, rents on coasts are higher than the middle of the country. Analysis from rental website Zumper concludes that the most expensive […]

by Jodi Summers If you want to buy apartment properties on the Westside of Los Angeles in the first quarter of 2015, here’s what you need to know – Large cash reserves will dominate deal flow – for right now. “Investors attempting to acquire assets in the Westside Cities will have to stretch to outbid […]

by Jodi Summers If you’ve purchased a multifamily property in Los Angeles is the past few years, your real estate investment has increased in value. Effective rents have soared since the downturn, making turnover significantly more profitable. We are not alone. Throughout the country, valuations on apartment properties have been on an upward trajectory, pushing […]

This is crazy! Madrid-based PKMN Architecture’s five-in-one apartment solution that allows the owner to have several spacious rooms—just one at a time. http://www.socalmultiunitrealestateblog.com/?p=2791 http://www.wired.com/2014/11/moving-walls-transform-tiny-apartment-5-room-home/ http://lovesiliconbeach.wordpress.com/2015/05/08/residential-illusion-a-studio-apartment-with-five-rooms/

by Jodi Summers Recently, Sotheby’s International Realty invited the California Association of Realtors’ Vice President and Chief Economist, Leslie Appleton-Young, to give us an update on the Los Angeles area real estate market. With multifamily vacancy rates hovering just above 3%, apartment properties in and around Los Angeles remain a strong investment. For more information […]