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Updated about 4 years ago on . Most recent reply

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1 Bedroom vs Studio Condo

Marcelo Martinez
Posted

Hello All!

I am looking to purchase a condo to live in then hopefully rent out after a few years. I am purchasing this condo in the pasadena area near the community college and cal tech. My question comes in two parts. First question is: are studios easier to rent out compared to 1 bedrooms? or is it vice versa? As I stated before I am planning on turning this condo into a rental unit one day so I would like to know which one rents out easier. Second Question: Between a studio and a condo, which one is easier to sell? Or is there no difference? I would like know incase I plan on to move on from it later down the line. I would hate to buy something that is hard to sell.

Any input would be greatly appreciated!

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Rick Albert#2 House Hacking Contributor
  • Real Estate Agent
  • Los Angeles, CA
1,376
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Rick Albert#2 House Hacking Contributor
  • Real Estate Agent
  • Los Angeles, CA
Replied

If your budget will allow, go with a 2 bedroom.  Much bigger pool of tenants.

Between 1 bedrooms and studios, my vote is a 1 bedroom. Tenants like their privacy. As someone who is house hacking by living in my studio ADU and renting out the main house, I would so much rather have a 1 bedroom. Keep in mind little things start to bother you like everything smelling when you cook, etc. Plus then no one has their privacy. If I'm thinking of these things, then so are tenants.

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