Investor BlogsTo Invest or Not to Invest… in Los Angeles Real Estate by Yoana Leusin March 8, 2018February 6, 2019 by Yoana Leusin March 8, 2018February 6, 2019California real estate is attractive to many real estate investors. The climate in the state, which is warm throughout the whole year, is one of the main reasons for attracting numerous tourists annually. Moreover, California real estate is desirable for many real estate investors as the State attracts visitors due to the various leisure activities as well as the business opportunities it offers. However, what is the best place to buy a house in California? Both domestic as well as foreigner real estate investors consider that financing investment properties in Los Angeles is the best opportunity when it comes to California real estate. The Los Angeles real estate market is associated with being the best place to buy a house in California for several reasons. For instance, Los Angeles real estate is amongst the most profitable and rapidly evolving markets. Another reason why the city is one of the best places in California for real estate investments is its profitability and the opportunities it offers to realtors. The latter is due to the fact that investing in Los Angeles real estate presents high chances of success. Even though it is one of the best places in California, the city has it downsides, especially when reviewing Los Angeles real estate prices. So, let’s not lose more time and dig into exploring Los Angeles real estate.Related: The 4 Hottest Cities for Investing in California 2018#1 Los Angeles Real Estate: Reasons to InvestAs we already discussed, Los Angeles real estate is a desirable spot for many American as well as international real estate investors. “Why investing in Los Angeles real estate?”, you may ask. One of the reasons is that the Los Angeles real estate market is open for different investment strategies and that it offers relatively equal opportunities to make money in real estate. For instance, Airbnb Los Angeles has millions of guests yearly, and the numbers continue to increase. According to AIRDNA, Airbnb Los Angeles strikes a great score on occupancy rate, namely 71%. Moreover, Airbnb Los Angeles generates higher and higher profits with the development of the city. The city is visited by many tourists as well as entrepreneurs who seek short term accommodation. However, as Los Angeles is a business city, it holds various job opportunities, which charms long term tenants. That is why traditional rental investment properties in Los Angeles are also prosperous. What property type to buy in Los Angeles depends more on the preferences of the real estate investor and less on the market conditions as Los Angeles real estate is open for all investment projects. However, when talking about the current conditions of the Los Angeles real estate market, it is of crucial importance to also explore the Los Angeles housing market forecast for 2018.Related: Los Angeles Real Estate Investing: 4 Reasons to Jump In#2 Los Angeles Housing Market ForecastThe Los Angeles housing forecast can be summed up in one word: expensive. The prices on the Los Angeles real estate market have risen significantly since the beginning of the year. Even though there has been an increase in housing prices throughout the whole US real estate market, Los Angeles real estate marks a peak. An additional factor causing Los Angeles real estate prices to go up is the high demand for buying properties. Home rental prices also rise due to the very same reason. In fact, rental vacancies are at the lowest point at the moment. Economists predict that the prices of investment properties in Los Angeles will continue increasing. Yet, the demand for investing in Los Angeles real estate will not decrease. Additional information about forecasting Los Angeles real estate is that soon, the areas damaged by the fire will revive after the insurance money gets paid. This will introduce new Los Angeles real estate investing opportunities.#3 Best Neighborhoods in Los AngelesOne of the main questions when it comes to Los Angeles real estate is not what property type to buy in Los Angeles, but where to buy it. That is why we will review the best neighborhoods for real estate investing in Los Angeles. You might think that the best place to buy a house in California are the popular areas such as Beverly Hills, Santa Monica, etc. You might be wrong as real estate investing is more complicated than that. So, actually investing in more affordable areas of Los Angeles might prove to be the best places in California for real estate businesses. No more talking, here are the best neighborhoods in Los Angeles:WestwoodMedian price for 1 bedroom rent: $2,800 monthlyMedian purchase price: $899,000Growth rate: 17%According to Rentberry’s recent statistics, Westwood keeps one of the highest rental rates in Los Angeles. The Los Angeles real estate prices of a property in Westwood are slightly higher than in Silver Lake or in West LA. Due to this, profitability is also higher, and real estate investors keep a close look on this neighborhood.Silver LakeMedian price for 1 bedroom rent: $1,950 monthlyMedian purchase price: $705 000Growth rate: 30%Statistics present that this neighborhood is one of the trendiest/hippest in LA. Moreover, you should know that local real estate prices are increasing. So, it is advisable to invest in this neighborhood, while it is still affordable.West Los AngelesMedian price for 1 bedroom rent: $1,800 monthlyMedian purchase price: $805 000Growth rate: 18%Well, only in the last year median prices grew by 18%. This neighborhood if fully occupied with shopping places as well as dining choices. Thus, it is estimated that West LA will gain even bigger popularity in the year to come.Mar VistaMedian price for 1 bedroom rent: $1,795 monthlyMedian purchase price: $640,000Growth rate: 2%This is seen as one of the most desirable neighborhoods because of its breathtaking view of the Pacific. Moreover, it is seen as one of the friendliest neighborhoods in LA. This location is definitely worth your attention as people are always looking for the nicest neighborhoods to live in.Los FelizMedian price for 1 bedroom rent: $1,780 monthlyMedian purchase price: $635,760Growth rate: 12%This neighborhood is famous for having many local artists, musicians, singers, etc. It is known that thousands of enthusiastic music individuals come to LA to eventually get famous. So, because of the constant inflow of new potential tenants, your future rental property will have a high occupation rate. Therefore, by investing in Los Feliz, you will ensure a constant flow of rental income.Related: Wondering Where to Buy a Rental Property in the Los Angeles Real Estate Market?Are you willing to learn more tips on real estate investing? Go ahead and sign up for Mashvisor! Start Your Investment Property Search! START FREE TRIAL Start Your Investment Property Search! START FREE TRIAL CaliforniaLocationLos Angeles CA 0FacebookTwitterGoogle +PinterestLinkedin Yoana LeusinYoana is an experienced content writer with a BA in leisure studies who enjoys giving tips to beginner real estate investors. Previous Post How to Choose the Best Place to Invest in Real Estate Next Post Understanding Multi Family Real Estate Investing from A to Z Related Posts Real Estate Market Analysis in 6 Simple Steps Why Is Buying an Investment Property the Best Way to Make Money? House Hacking: Your Entry into Real Estate Investing 5 Reasons for Joining a Real Estate Investment Club How Much Money Do I Need to Buy a House for Investment in 2019? 3 Major Considerations for Short-Term Rental Properties 5 Ways to Find Investment Property for Sale Near Me 7 Things Nobody Told You About Buying Investment Property How to Grow Your Rental Property Business in 2019: 6 Tips US Housing Market Predictions 2020 for Spring Fall Real Estate Market 2019: Time to Invest? 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