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Updated over 3 years ago on . Most recent reply

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Hovhannes Hunanyan
  • Specialist
  • Burbank, CA
9
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Hot areas in Los Angeles area

Hovhannes Hunanyan
  • Specialist
  • Burbank, CA
Posted

Hello. I am new in BiggerPockets and believe this is good and trustworthy place to communicate with experienced investors. What are the hot real estate areas in Los Angeles and which type of investment properties are better? Thanks

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Michael T.
  • Los Angeles, CA
279
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326
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Michael T.
  • Los Angeles, CA
Replied

@Hovhannes Hunanyan there are a few good areas right now in the Los Angeles area that are good investments.

My two favorite places for investors are in Inglewood and Hawthorne.  The gentrification process started in Inglewood two years ago and it will be the next Culver City in 6-8 years.  Hawthorne will feel the effects of the revitalization and gentrification of Inglewood and will be the next Westchester.

There are numerous advantages to both Inglewood and Hawthorne.  

- no rent control

- "path or progress"

- ability to buy relatively inexpensive compared to the greater Los Angeles area

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