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Updated about 10 years ago on . Most recent reply

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Logan Allec
  • Accountant
  • Los Angeles, CA
977
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SoCal Investors - LA, SD, OC - what's the best multi-family market of the bunch?

Logan Allec
  • Accountant
  • Los Angeles, CA
Posted

I'm thinking SD, if only by process of elimination, since (1) LA has rent control and (2) OC doesn't have very much apart from the less desirable areas of Santa Ana.  Would love to hear thoughts from experienced SoCal investors.

Most Popular Reply

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150
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Bill Larsen
  • Investor, Real Estate Agent
  • San Juan Capistrano, CA
65
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Bill Larsen
  • Investor, Real Estate Agent
  • San Juan Capistrano, CA
Replied

Cities in LA county that do have rent control that we have come across are Los Angeles, San Pedro, Santa Monica, West Hollwood.  There are a few others but they're cities we don't buy in so I don't remember them.  Per our eviction attorney, if a property is build after 1978, it does not fall under rent control even in these cities.  There are a lot of areas in LA county with strong rental market that's pretty safe that I've seen cash flow including Long Beach

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