Lux Investing
Where is the best Los Angeles area (most growth potential) to invest in Real Estate?
Downtown LA? Eagle Rock? Mount Washington? Echo Park? Where???? And I'm asking for myself: young, single, hip but doesn't need to hang out with people with mohawks or skinny jeans, adventurous, doesn't mind a non-posh area, likes night life, and wants to have her property increase in value year to year for the next 5-10 years :)
Public Comments
- Little Tokyo, downtown lofts, (not Silver Lake) should be popular in that time frame and still affordable if you are a wealthy, young hip single since they start over $400k despite the current market trends. Eagle Rock, Glendale, South Pasadena and beyond are fine for families, but don't have the night life you seek.
- If you can afford it, the area with the EXPECTED greatest appreciation is Orange County.
- Try the Inland Empire in Riverside County.It is not in LA,but close enough.This area is alot cheaper,and growing very rapidly!
- Are you trying to purchase real estate to invest in or live in or both. If its just straight investing than you shouldnt care about the area being "hip". If your interested in investing in real estate shoot me an email and I might be able to help you out, liang_jame@bentley.edu
