Top 10 Best Neighborhoods in Los Angeles Worth Investing In
Think of Los Angeles, and you get an image of beautiful sunsets, beaches and unlimited palm trees. You’ll be surprised to know that, not every neighborhood in Burbank is lined with palm trees or next to the beach. In fact, some of the most coveted Los Angeles neighborhoods to live in are not even next to the beach. This is why the following list will be valuable when you are considering to live or invest in a property in Los Angeles.
Studio City
We can’t really start any discussion about Los Angeles without the mention of Hollywood, home of the stars. Parks, retail therapy, fine dining and … studios. As the name suggests, Studio City is famous for its close proximity to Universal, Disney, Warner Brothers, Sony, and Paramount studios which make up for all your entertainment cravings and fascination with Hollywood. It’s a great investment for both living as well as generating rental income.
North Hollywood
North Hollywood or NoHo is as near to Hollywood as you can get in San Fernando Valley. It’s a great balance of studios, art galleries, and uptown neighborhood. It has a plethora of shops, bars, cafes and restaurants etc which is why commercial real estate investment in North Hollywood is worth considering.
West Hollywood Â
One of the most sought after neighborhoods in Hollywood Hills is West Hollywood or as the natives say WeHo. West Hollywood properties are nestled in a bustling township filled with culture and food. While West Hollywood is filled with old and renovated housing, there are new condos and communities cropping up, making these neighborhood most sought after.
Glendale
Not so unlike the rest of this list, Glendale real estate are filled with cultural inferences with many places to explore for miles including museum, zoo, parks, and hiking trails. It’s considered to be the third largest city in LA county and expensive as well. Having said that, it is still one of the safest places in America to live in.
Downtown
Like any downtown area, Downtown Los Angeles is a mix of homeless living beside the rich and trying to be famous. You’ll love this home to orchestra houses, artists, and museums. Considering the majority prefer to rent rather than own properties, it is the best place for a landlord to invest in to earn high rental income.
Silver Lake
Food, cocktails and art are what define Silver Lake neighborhoods. You’ll never find a quiet moment when you live in this neighborhood, the home of hipsters, art galleries and energetic young people. If you’re thinking of setting up a business or even buying a commercial place to put on rent, then this is it.
Manhattan Beach
No, we have not forgotten LA’s beaches. We’ll start off with Manhattan Beach because it is one of the most luxurious places to live in. Think of high end condos, pricey restaurants, and gorgeous beaches. It is one of the most expensive places in terms of property prices but you are guaranteed a high return on your rental property or investment in the long term.
Sherman Oaks
So you like Los Angeles weather, the beach but not the crowd that comes with the package? Sherman Oaks is the place to be. Quiet, family oriented, and far away from the madding crowd, Sherman Oaks is a great place to invest in if you like the suburb lifestyle.
Venice Beach
Another beach neighborhood worth investing is Venice Beach. Because of its proximity to the gorgeous beach, tech companies and Venice Boardwalk, this neighborhood is best for tourists as well as for those thinking of living here. Invest in holiday houses or your own home, you’ll not be disappointed.
Toluca Lake
We have another gem for you to consider if peace, quiet and upscale living is what you’re looking for. Toluca Lake is a place of beautiful landscapes, clubs, and ranch type of housing. If you like suburbs yet accessible to the main cities, then Toluca Lake is your best bet.
While there are more areas in Los Angeles worth investing in, these are our favorites. Which got your interest? Which one your family fancies living in? Do you want to know more about the any of these neighborhoods? Just let us know, and we’ll be sure to guide you through.
