Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 4 years ago,
Which has better investment value in LA area- condo or house?
Currently shopping for a condo or house in Studio City/Toluca Lake/Burbank area that will serve as a primary residence.
Condo (2-3 bed, 2 bath) price range 600K-700K (Studio City/Toluca Lake)
House (3 bed, 2 bath) price range <1M (Burbank)
Long term, I am looking to build a portfolio of properties by buying a new property every 3-5 years in the LA area with savings from my 9-5 job.
Originally, I had planned on a condo, but concerned in regards to housing price projections in the next few years.
What are people's opinion of investment values of these property types in these areas?
Thanks!