Monterey Hills CA --- Do You Want to Live Here But Not Buy? Leases Available

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Industry Observer CalBRE #01165532
https://activerain.com/droplet/4hw

Monterey Hills CA --- Do You Want to Live Here But Not Buy?   Leases Available

The Monterey Hills area is a very desirable setting...convenient yet hidden away from the hustle and bustle of a more congested lifestyle.  You will find people strolling the walkways of the community with dogs in tow.   Located within the city limits of Los Angeles, the community is a collection of condominums and townhouses plus one 16 unit single family home development. 

Most complexes feature a community pool and spa.  Some offer sport courts, gyms, recreation rooms and other amenities.  Depending on location of the home, you may have hillside or city light views.  

Monterey Hills CA --- Do You Want to Live Here But Not Buy?  Leases Available

With close proximity to Downtown Los Angeles, Pasadena, the Valleys and Westside, Monterey Hills is a great location for a home purchase.  If a home purchase is not the right direction for you at this time, a lease may be a possibility.  

Sizes of units available in Monterey Hills are condominiums(one level) with one bedrooms/one baths, two bedroom/one bath, two bedrooms/two baths, two bedrooms/den/two baths and three bedrooms/two baths.   Some of the two bedroom/two bath homes have what is commonly called a split master floor plan with bedrooms flanking the public rooms with a bedroom and bath on each side and ideal for sharing.

Townhomes have their own individual garage and typically multiple stories.  They feature either two or three bedrooms with two or two and one half baths.  Some have a small rear garden area and most have multiple balcony or outdoor areas.

Monterey Hills CA --- Do You Want to Live Here But Not Buy?  Leases Available

Currently there are nine leases available.  They range in price from $1550 for a two bedroom/two bath home to $2100 for a three bedroom townhome in Fremont Villas.  A highly upgraded two bedroom/one bath unit with two expansive patios is available in Temple Terrace at $1695 or $1995 furnished.   Of course, many owners lease their homes without the use of a real estate professional so this list does not reflect all leases in the community as well as those homes that remain leased with the same tenants.

Monterey Hills CA --- Do You Want to Live Here But Not Buy?  Leases Available

In 2010, there were a total of 30 leases in Monterey Hills according to multiple listing statistics.  If you are a homeowner, the desirable location makes leasing your unit an ideal alternative for many owners looking for a long term investment.    Its ideal location near USC County Medical Hospital and School of Medicine is favored for those working or studying at the facility.  

For more questions regarding Monterey Hills CA sales or leases please feel free to contact me:

Michael Jacobs cell 818.516.4393 or michaeljacobs@coldwellbanker.com

Posted by

Michael Jacobs

 

CalBRE # 01165532

2065 Huntington Drive

P. O. Box 587

Pasadena, CA 91102

Call/Text:  818.516.4393

mtj916@gmail.com

 

 

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Tags:
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Ambassador
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Dale Baker
Baker Energy Audits and Commercial Properties Inspections - Claremont, NH
New Hampshire Relocation Real Estate Information

Howdy and afternoon to you Michael

Michael,
what a mighty fine Localism blog post highlighting the mighty fine living folks can find in Monterey Hills CA. Folks sure do have a lot to pick from!

Have a good one
Dale in New Hampshire

Jan 21, 2011 09:09 AM #1
Rainmaker
3,332,267
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Thanks for your comments Dale.  Due to its convenient location, Monterey Hills is a desirable location for lots of people.   The lease market really picks up in late Spring as residency programs are announced for USC School of Medicine which is an easy and quick drive from the community.

Jan 21, 2011 04:29 PM #2
Rainer
478,183
Not a real person
San Diego, CA

One thing I’ve never understood is why someone would pay more in rent than what they could buy a home for, even a condo. Of course, it usually is about that pesky down payment, but once you start renting and buying everything for your new abode, you rarely save up enough for a down payment. You have to win the lottery, get an extraordinary bonus at work, marry rich, or inherit.

Jan 28, 2011 10:06 AM #3
Rainmaker
3,332,267
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Russel, there can be many factors when someone decides to rent versus buy --- timing, job insecurity, a temporary crash pad after a break-up.....and of course the financial situation comes into play.

Jan 28, 2011 11:35 AM #4
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Michael Jacobs

Los Angeles Pasadena 818.516.4393
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