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Times They are a Booming for Los Angeles Property Leases

Ambrose Rental

Remember the “good old days” when Los Angeles homes for sale were jumping of the shelf?  Now Los Angeles homes for lease are going the same way.

There are a lot of people moving to Los Angeles these days, and before they commit to an area, or decide if they are going to stay in our fair city, they are looking at leasing a Los Angeles property.

The problem is, a nice rental property in a desirable part of  Los Angeles does not come cheap, and the good ones are going very quickly.

For a decent two-bedroom condo on the Westside you will be spending a minimum of $2,300 per month and that is at the very low end.

Everyone seems to want an upgraded unit with hardwood floors, inside laundry, over 1,200 sq. ft.  This is going to be extremely difficult to find, and three bedrooms are going to be almost impossible under $3,000.  The same goes for a single family home.

Leasing a Los Angeles property is becoming a competitive sport these days.  With the influx of people into Los Angeles, and the hesitancy of prospective buyers to pull the trigger right now, there is a shortage of good rentals, and those that come on the market are taken almost immediately.

Case in point.  I just leased a great 3-bedroom condo in Los Feliz (view above), which is a very desirable area.  $2,800 for an updated 3-bedroom unit is a great price.  A friend of one of the new tenants had been looking at the building from afar but didn't make a move.  She is now kicking herself because there is nothing close on the market.

If you are looking to lease a Los Angeles property you may have to give up some of the items on your want list and jump on the closest to your needs.

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Buying or Selling Los Angeles Real Estate

Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you're new to L.A. Town. You'll need a resident expert to show you around and help you narrow down the areas where you might like to live. I will help you find the perfect home in the right area to fit your lifestyle, budget and needs! When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available. If you are an absentee owner, you'll need someone to handle all the details that you can't handle remotely. That's where I come in - I'm there when you can't be. I also specialize in lease property in Los Angeles. Westside Los Angeles Real Estate, including, but not limited to: For more information on how I can best serve your Los Angeles real estate needs, please fill out the online contact form or give me a call at 310-473-6919.

Jane Peters, connecting you to the L.A. real estate scene

Buying or selling real estate in Los Angeles can be an overwhelming process.  Contact Jane Peters, Los Angeles realtor specializing in absentee owners, out of town buyers, and those who need that extra attention, in order to make the transaction a smooth, trouble-free, and fun experience.

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7 comments • Jane Peters - Los Angeles Real Estate DRE# 01439865 • July 12 2011 06:52PM