Due to inflation, rent prices continue to rise even as fewer people are seeking lofts for rent in L.A. Take a look at the market, and see what is available for rent to today:
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John G. contacted us, wanting to invest in an L.A. condo that he could afford. He wanted a unit that was high quality and easy to rent out to a tenant. He chose the James M Wood Building, which has long been on the LA Loft Blog’s list of notable condominium buildings. Out of three units active for sale, John chose unit 315 for its price, overall quality, relatively quiet location, original historic character, beautiful view of the city and neighboring historic homes.
After the purchase of the investment, John wanted the unit to be rented out in a timely manner, after cleaning and improving the property a bit. With the help of the L.A. Loft Blog, the Corey Chambers Team helped the new owner and new renter sign a lease agreement within just for days after listing the unit.
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