Los Angeles is a desirable place to live. Just look at the weather going on around the country right now. And Google LOVES us. Google has just leased 100,000 sq. ft. of space in there buildings in Venice, CA. One of them is the Frank Gehry Binoculars Building, previously leased by the advertising giant Chiat/Day. This lease is part of a major expansion by Google in Southern California, and is great news for Los Angeles as the company focuses on hiring around 6,000 new employees this year.
Why is Google expanding in the Los Angeles area?
Google is fighting for top talent with rivals such as Facebook, Twitter and the like. Los Angeles is still a very desirable place to live and Venice properties are extremely close to the beaches with 300 days of sun to take advantage of them. Being close to the entertainment industry and access to the technical know-how of graduates from local universities doesn't hurt either. The average sales price for single family homes in Venice Los Angeles in 2010 was $1,153,235 with 154 h0mes sold. Average days on the market for homes sold were 70. There are presently 79 Venice Los Angeles homes for sale at an average price of $1,514,998. The average sales price for condos in Venice Los Angeles in 2010 was $1,009,336 with 37 sold. Average days on the market for those condos was 55. There are currently 14 condos on the market in Venice Los Angeles for an average price of $1,049,500. Based on last year's sales, both the single family home and the condo markets are primarily a buyer's with around 7 months of inventory. 6 months is a balanced market. If you are considering moving to the Venice Los Angeles area, now is a good time to buy. <Map of Google's New Venice Los Angeles Home
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Buying or Selling Los Angeles Real Estate
Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you're new to L.A. Town. You'll need a resident expert to show you around and help you narrow down the areas where you might like to live. I will help you find the perfect home in the right area to fit your lifestyle, budget and needs! When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available. If you are an absentee owner, you'll need someone to handle all the details that you can't handle remotely. That's where I come in - I'm there when you can't be. I also specialize in lease property in Los Angeles. Westside Los Angeles Real Estate, including, but not limited to:- Westwood Real Estate - Westwood single family homes, Westwood condominiums, Wilshire Corridor condominiums, Century City condominiums
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