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n6kR@

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 n6kR@
Aug 20, 2020 18 Comments

Is rent in L.A. high right now? Particulary in the South Bay. Rents seems to be way higher than the zestimate. COVID related? Will it go down by next summer?#housing

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  • LA does not have a south bay
    Aug 20, 2020 5
  • There’s this thing called The Google, I hear you can use it to, like, search for stuff
    Aug 20, 2020 1
  • PayPal
    hahsvsbsvs

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    hahsvsbsvs
    Is Gardena upcoming in South Bay for renters ?
    Nov 13, 2020 7
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      nshssv817

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      nshssv817
      The SFH and other condos/townhomes have appreciated at well over 6% YoY in Gardena specially around there. I do see having the 2 big casinos around a bummer. But a well built gated community with low HOA and considerably spacious units - will they also take a hit on appreciation ? I am hoping a modest 5% YoY appreciation there in 5-10 years. San Pedro is too far south I feel specially with tech employees in Silicon Beach and other aerospace employees in Hawthorne, El Segundo hopefully working part time WFH.
      Nov 18, 2020
    • Google
      ChkChange

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      ChkChange
      I mean nobody ever really knows. If Gardena is 6% YoY, what about torrance, beach cities, etc? I’d imagine a bit higher than so it’s relative. When I buy, I always think about resale immediately. Would someone else want to buy it? And I want a place that appeals to the broadest market when/if I sell. Drive around that area at night. I’m fairly certain that pod of homes are the nicest in the neighborhood too.

      High 600’s for anything new in South Bay is a good deal, just be mindful townhomes don’t appreciate as well as SFH. Just be comfortable with the area. There are other new homes in the area too. One development was in Torrance I think. Close to 110.
      Nov 18, 2020
  • Amazon
    n6kR@

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    I’m okay with 4 but a decent place is now going for at least 4500
    Aug 21, 2020 0
  • Google
    getbck2wrk

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    getbck2wrk
    No. The (real) South Bay is here in socal and the rents have been pretty steady pre pandemic. A 3/2 SFH has always been 3500-4000.
    Aug 20, 2020 0