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Updated almost 4 years ago,
West Carson, CA Investment
Hi,
My husband and I own a townhome in west carson even though addressed as torrance we are still part of LA county. We bought a 3 bed, 2.5 bath townhome for 472k in early 2018 and its now valued about 520k. I feel like sometimes we made a bad decision on besides buying a non SFH, becuase of HOAs, but also the industrial development going on. I do see homes selling higher and higher but is it worth holding onto for years to come? We currently do house hacking and its been a good experience for us so far :)
We plan to have kids 5 years from now and maybe sell it to buy a better home in a better area or we might hold onto it for renting purposes. It's a beautifully renovated home when we bought it, but at the time we weren't investor savy and couldn't afford a home over 500k and we work in Redondo Beach. Do you think overall investing here in the 90502 zip code is a good idea?