Downtown Los Angeles Home Price Premium – 7 Reasons Why Buyers, Renters and Investors Value

Downtown L.A. Home Prices:  Why do homes in Downtown Los Angeles cost over $600,000 on average, while homes in Chicago cost less than $300,000?

Downtown Los Angeles Couple
Downtown Los Angeles Couple

Supply and demand are the primary drivers of prices. There are many reasons why so many people want to live in Southern California neighborhoods:

Rental Income Properties Under $50,000
Rental Income Properties Under $50,000

#1 Nice weather;  #2 Jobs / Economy;  #3 Many things to do; #4 Better Schools; #5 Better Neighbors; #6 Overall growth / Improvement in the neighborhoods. The #7 reason is that SoCal home prices go up faster and steeper than other parts of the USA, making for a much better long-term return on investment.  #dtla #investment

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Beacon Lofts For Lease Arts District Downtown LA
Beacon Lofts For Lease Arts District Downtown LA

Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com  Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

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