The Santa Monica, CA Income Property Market Trends Report is published!
As you can see that based on the Median Days on Market Income properties remain robust and clearly a seller's market. Most people would be surprised of this data, since Santa Monica has a very strong Rent Stabilization Control and Department. The Reality is many people move to Santa Monica from all over the Globe but do not stay for various reasons, hence from an investor stand point the odds are more than likely that there will be regular turnover hence the risks are minimal that you will end up with a very long term tenant.
Inventory has been tight now for three years and as you can see there has been little change to these numbers.
It is clear buyers see a value in investing into the Santa Monica, CA income property market.
If you are considering buying or selling an Income Property in Santa Monica, CA please reach out to me directly!
If you are considering buying or selling a home, a luxury home, luxury investment real estate, luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu, feel free to contact me at 310.486.1002 (m) or homes@endrebarath.com or visit one of my websites at http://www.endrebarath.com. I am a Pet Friendly Realtor and I contribute a portion of my commission to local animal rescue organizations.
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