That's one major way to detect class, and you can detect it by looking at sold homes on RedFin and looking at the sale metrics.Aside from $/sf, investment class is also derived from absorption, days on market, as well as demographic factors such as median income, age, educational attainment, and so on (demographics are much more speculative than market analysis metrics like $/sf, absorption, DOM, etc).I made my own tool to track these residential market analysis metrics for me, but since I only work in CA they are strictly for the Los Angeles/Ventura & San Francisco/Bay Area markets.

I’m Barry Wong, and based in Los Angeles.

Finally signed up to get some answers.My SO and I own a duplex in Los Angeles.

Is it better to buy a nice condo in a nice area for example on the west side os Los Angeles near the ocean or go a little further out and buy a duplex or triplex in an okay area.

Investment Info:

Condo buy & hold investment.

Purchase price: $299,000

Cash invested: $299,000

Cash offer. Collecting rent $1600/month. Now is on listing for sale, asking $399,000

What ...

I’m interested in house hacking in Los angeles, but with price points I will likely only be able to get a condo.

I made my own tool to track these residential market analysis metrics, but since I only work in CA they are strictly for the Los Angeles/Ventura & San Francisco/Bay Area markets.

I too am from CA (Los Angeles area) and personally invest in Grand Rapids.

I have family in Los Gatos, Campbell, and the City.

Stuck in Los Angeles for now stacking that paper so when the bubble pops I will start snatching.