Luxury Residential Income Properties in Coastal L.A.

By
Real Estate Broker/Owner with Charlemagne International Properties BRE# 01147470

I have a client who is in the market to invest approximately $5MM in real estate. He is selling a commercial building and wants to roll the proceeds over into another property. Simple enough.

 

The dilemma he faces is where to make a long term investment that will require minimum management but provide a decent return on investment. Retail seems like a high-risk venture with the disruption online shopping is creating in the industry. Will gas stations become a thing of the past as the 21st-century advances? As the economic climate changes so do an investors' goals and guidelines.

 

One thing is certain; people will always require a roof over their head. Housing is here to stay, and the price continues to rise both for purchases and rentals. I recently read over 50 percent of Los Angeles housing units are rentals. Homeownership is simply out of reach for many.

 

While it's true many people live in rental properties because they cannot afford to purchase, some renters opt to live in a luxury rental for the carefree lifestyle as well as the mobility of a lease over needing to sell a property when it's time to move on to a new job or life adventure.

The growing number of renters ensures the rental market will continue to support investors who choose to invest in multi-family luxury properties in the coastal area of the South Bay of Los Angeles.

 

Selling the South Bay of Los Angeles since 1992.

Questions? 310.493.8333

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Home Buying
Location:
California Los Angeles County
Tags:
residential income property south bay
luxury residential income properties for sale

Spam prevention
Show All Comments
Rainmaker
2,159,389
Sharon Tara
Sharon Tara Transformations - Portsmouth, NH
New Hampshire Home Stager

I hadn't thought of those issues with investments. Not exactly something I am apt to be dealing with. I hope your investor finds the right fit for him.

Jul 27, 2017 09:21 AM #1
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Ambassador
1,584,561

Norma Toering Broker for Palos Verdes and Beach Cities

Palos Verdes Luxury Homes in L.A.
Ask me a question
*
*
*
*
Spam prevention

Additional Information