Celebrities, Surf, and Tech

Los Angeles is quintessential for America, and along with New York, perhaps the poster city for the United States. This city is unique for its mix of young, laid-back and progressive people, as well as the glamour of Los Angeles, and big-city downtown. Home to the world’s most famous movie production area with Hollywood, as well as countless cultural icons, this is the city to see and be seen. It is home to some of the most luxurious and high-end real estate in the world, such as this 35$ million Hollywood mansion.

Los Angeles has many neighborhoods, districts and counties within its broader metropolitan area. There are 15 so-called districts which are named 1 through 15, all of which are situated in two counties (Los Angeles County, Orange County). Yet similarly, there are 72 neighborhoods, including Westwood, Venice, or Bel Air. Some divide the metropolitan area into 4 districts: Beverly Hills, Santa Monica, Hollywood, Anaheim, and Los Angeles proper.

Already know you want to move to L.A.? Let us help you with our guides

• Buy Apartment: Los Angeles
• Buy House: Los Angeles

Los Angeles Facts

It has a population of 3.99 million, meaning it makes up 9.9% of California’s massive 39.51 million inhabitants. According to a large sample surveyed, 37% of inhabitants from Los Angeles rated their health care system as good or very good, ranking it 9th in the World, ahead of other Metropolises like Montreal and Berlin. Los Angeles Airport (LAX) is the third busiest airport in the world, and reported a 0.8% increase in the past two years. The housing market is massive in Los Angeles, and popular among real estate investors. Learn more: Luxury Realtor Los Angeles.

Bird’s Eye View of Los Angeles

Want to see how Los Angeles looks from the sky? Check out these drone shots of the City of Angels.

Map of L.A. and Surroundings

Real Estate Investment Los Angeles

Los Angeles is a massive city, spanning multiple counties. It’s near impossible to decide where to live. Generally, there are those that want to live in the famous residential areas of Bel-Air or Beverly Hills, there are also people who want the tumult of downtown LA, or younger people, and those looking for a more comfortable atmosphere will head to e.g. Silver Lake or Mid City. In general, for Los Angeles, it’s a good choice to rent, as opposed to buy. With purchases prices being comparatively high.

• Lowest rent: Jefferson Park $1.355
• Highest rent: North of Montana $4.690

Buy or Rent?

Los Angeles, what type of investment should you make here? You would likely be best served with the choice of a rental property. The median home price somewhere around $630.000, with a 3.5% downpayment translates to monthly mortgage payments of over $3.000, compared to the average renta price for a three-bedroom of $2.600 a month. Although, this calculation turns with time, where if you live in a property longer than four years, ownership is cheaper than renting.

Our full rundown on L.A. real estate investment:

• Real Estate Investment Los Angeles

Is Real Estate Expensive in Los Angeles?

Home prices in the metropolitan area of Los Angeles increase by about 13% annually, with the number of sales also increasing over the past year. The median price of an apartment is now $667.000. On top of this, rental prices have been steady in the past years, when looking at average rent.

• 2017: 2.281 $/m²
• 2018: 2.385 $/m²
• 2019: 2.516 $/m²
• 2020: 2.524 $/m²

Property Taxes – How Much to Pay

California property taxes are not bad compared to the national average. Especially Los Angeles county is good regarding real estate taxes. The property taxes of counties surrounding Los Angeles, of Orange County Los Angeles County, and Fresno county are as follows:

• LA County: 0.75%
• Orange County: 0.68%
• Fresno County: 0.84%

Most Popular Los Angeles Neighborhoods

Everyone knows the luxury of 90210, the Bel Air bluffs or Venice Beach. There are more neighbourhoods in L.A. apart from these.

Culver City – Brooklyn of Los Angeles

Silver Lake, often described as the “Brooklyn of Los Angeles,” is much more than just a hipster’s paradise. This popular downtown L.A. neighborhood has transformed its image over the years from rough and tumble to upscale chic. Today, celebrities, artists, professionals and more and more families live here. Silver Lake is characterized by its diversity and versatility, but above all by its authenticity. It offers one of the best residential locations in L.A.

Silver Lake – Home of Artists

Silver Lake is located east of Hollywood and is one of the hippest neighborhoods in town . It’s hipster like out of a picture book. The place is packed with great bars, hot restaurants, wine stores, one or three art galeries, and it’s teeming with young people, both professionals and artist types. If your idea of a good time includes lots of coffee, cocktails and unique dining experiences and doesn’t include quiet, relaxing nights at home, then Silver Lake is for you. A current average selling price of $1,144,000 for houses means this area is high-end real estate.

Glendale – Best Place to Raise a Family

Glendale is one of the safest areas in LA. If you’re looking for a place where you know you can raise your kids with confidence, safety is more important than anything else. Just a few miles from downtown Glendale, you’ll find the LA Zoo, the Norton Simon Museum, Travel Town, hiking trails in the San Gabriel Mountains and many other places to relax. Glendale is probably best known for its Brand Boulevard, a famous shopping street where a variety of businesses have gathered. Here is The Americana at Brand, a huge outdoor shopping complex. Zillow classifies the Glendale housing market as “very hot”.

Monrovia – Small-Town Charm

This growing city of nearly 40,000 inhabitants differs from other communities by its dynamic small-town charm and the accumulation of high-tech industry. Many amenities are available here: Everything, from world-class cultural facilities and wonderful recreational opportunities to world-class education and health care, is directly available to residents. This is an up-and-coming area with steady growth and many opportunities, meaning it’s the perfect palce for young families. The average list price in Los Angeles is almost $750,000, in Monrovia closer to $650,000 dollars. Monrovia is a good place to buy at the moment.

North Hollywood – Stress-Free Area

North Hollywood is located in the San Fernando Valley, north of the Ventura Freeway and Universal Studios. Here you will find the vibrant NoHo Arts District, a hip enclave where theater – not film – is the big star. What’s great about NoHO – and unusual for the area – is the fact that everything is within walking distance, easy and stress-free. The district is full of local stores, pubs and nearly a dozen performing arts theaters. Call NoHo at home if you want to be surrounded by retro-inspired cocktail lounges, craft beers, vintage stores and casual cafes.

Highland Park – Next Silver Lake

Highland Park is a bit like the up-and-coming, soon-to-be Silver Lake. Since 2013, it is one of the most up and coming neihgborhoods in the whole of the US. Prices for real estate here are skyrocketing. It is also one of the oldest neighbourhoods in Los Angeles, and is inhabited by a very diverse ethnic mix of people.

Venice Beach – Classic and Iconic

This unique beachfront town in Los Angeles County has sand, surf, and a lot of local color, as well as a booming tech scene. This area has earned the title of “Silicon Beach”, but is also home to the stereotypical Californian beach lifestyle. It is known for its community of artists and quirky stores as well as perhaps the most famous street in the country, Venice Beach Boardwalk. Thanks to the booming LA tech scene, the neighborhood is full of young professionals. Rental prices are comparable to those in West Hollywood, and since the beach is within walking distance, the price tag is well worth it.

Special – Buy Apartment Los Angeles

Los Angeles, where dreams come true. The home of celebrities, hollywood, a sprawling cityscape, beach and surf, and everything else you can imagine. From Malibu to Bel Air, Silver Lake and Venice Beach. It’s worth the traffic and chaos of the metropolis, to experiennce the unique atmosphere of this city. So you want to live in Los Angeles, but don’t know where to start? It’s certainly not easy wrapping your head around where and how to live. Do you choose Mid City or and a retail paradise, or Silver Lake, and hang out with the young students? We give you the full run-down below. The Los Angeles real estate market, like so many of U.S.’ super cities, is doing well. Los Angeles is neither a sellers nor a buyers market. Prices are also increasing, taking single-family residences, by over 16%.

We take care of all questions you could have in our full guide on buying an apartment in Los Angeles

Buy Apartment Los Angeles – Full Simple Guide

Help for research, contact and buying process? Get in touch with me today: Luxury Realtor Los Angeles

Los Angeles City and Hills

California is so strong, it would be among the top 10 nations in the world. Los Angeles and California are therefore among the most popular areas in the world. Especially popular are of course Beverly Hills and the world famous Hollywood Hills, only a few minutes away by helicopter. Direct access to the ocean, harbour facilities and services for boats, yachts & Co. But much more important is the vibrant city itself. If you are in LA for the first time, you will feel the real American feeling: freedom, serenity. Sunshine almost all year round, fresh breezes from the ocean, exclusive restaurants and an entertainment program that you can only find in cities like New York or London. We will take you to the City of Angels and show you the latest objects. From small luxury apartments for the business man or woman to luxurious estates with 1.000 square feet and more! These can help decide if you want to buy an apartment in L.A. or buy a house in L.A.

Los Angeles City Urban area

• City Los Angeles (Website, external)

Beverly Hills estate – $38 million

Beverly Hills estate – $38 million including 150 million year old dinosaur skeletons.

• Price: $38 million
  Price in Euro: €34.25 million
  Price in pounds: £28.78 million
• Highlight 1: 150 million year old dinosaur skeletons
• Highlight 2: 80m long, rimless swimming pool
• Location: Beverly Hills
• Inside area in square meters: 12.500
  Square meters (m²): 1,161
• Outside area in square meters: 10.000
  Square meters (m²): 929

Location and address: 1300 Beverly Estate Drive

Hollywood with 2-level glass pool – $35 million

Pure luxury above the rooftops of LA. This $35 million Hollywood property is currently on the market. Right in the Hollywood Hills, just off the Sunset Strip. 6 bedrooms, 10 bathrooms and over 14.000 sqm (1.300 m²) of space. All this rounded off by an exclusive glass swimming pool on 2 levels.

An additional highlight of the villa is a $50.000 cryochamber. The cryochamber is used to rejuvenate skin cells, while the swim-up bar at the glass pool is perfect for guests and their well-being. You have to see this fully automatic (modern technology) and luxurious smart home to believe it. In the video you can see how impressive the architecture is.

• Price: $35.0 million
  Price in Euro: €31.55 million
  Price in Pounds: £26.51 million
• Highlight: Glass swimming pool on 2 levels
• Equipment: 6 bedrooms, 10 bathrooms alone
• Location: Hollywood Hills
• Address: 1369 Londonderry Place
• Area in square meters: 14.000
  Square meters (m²): 1,301

Location and address: 1369 Londonderry Place

Help with the real estate search, taxes and purchase in Los Angeles? We are here for you: Luxury Realtor Los Angeles

Luxury broker: More about investment & Co

New properties in! Take a closer look: Los Angeles Property

Los Angeles Center: Exclusive properties & Luxury

Buying luxury real estate in Los Angeles requires very precise knowledge of the market and an experienced real estate agent who understands his craft, with good and extensive local contacts. Buying a house in L.A.? Buying an apartment in Los Angeles as a capital investment? Especially in times of low interest rates it is worthwhile to invest in a good property. From 65-110 sqm condominiums to private property with up to 2,200 sqm of land. We track down the properties that offer the greatest return and the greatest possible luxury and comfort. As a metropolis, Los Angeles offers the lifestyle that thousands of new LA residents seek each year. The housing market is therefore highly competitive, especially in the most popular districts such as Hollywood Hills, Beverly Hills and of course downtown, right in the heart of the city.

Realtor: Stephan M. Czaja

Phone: +1 310 492 9668

E-Mail: office@lukinski.com

Thousands of containers reach the city every day. That’s why so many people are drawn to Los Angeles. Not only is there a thriving economy, Los Angeles is also home to the big media houses, model agencies and of course a correspondingly large number of real estate agents.

New! Invest in Los Angeles

Our new investor brochure gives you a small, first overview of the Los Angeles real estate market in our office. Purchase prices for condominiums, houses and tips for neighborhoods, from evergreens to up-and-coming neighborhoods, where the returns on the properties are attractive. In addition, everything about US taxes at real estate buying in the USA. Read more here:

• Invest in Los Angeles

In LA, everything is a status symbol. Your own property but also the typical American muscle car in front of your door.

Condominiums as capital investment, for rent or for private use? We support you in property research, viewing appointments, value assessments and of course in negotiations with the seller.

But if you are also looking for exclusive real estate in Los Angeles, from condominiums (ETW) to private estates and city villas, then you don’t need an ordinary real estate agent, but someone with expertise. Especially with expensive and high-quality properties, a lot of money can be at stake. From exclusive stucco decorated ceilings in old buildings to marble decorative panels in the kitchen. It takes more than “just” real estate knowledge, it also involves materials, style and future developments, especially for investors in Los Angeles.

Hollywood Hills, Beverly Hills and Downtown

Especially the areas around the Hills are extremely sought after by buyers. Beverly Hills but also the Hollywood Hills attract athletes, actors, celebrities but also people from business and industry. Finding good objects is not easy, because the market is completely saturated. Your real estate agent in Los Angeles therefore also needs a strong network of personal and long-term contacts.

City map

Home visit? Weather report for Los Angeles

Current weather & temperatures in Los Angeles.

3 days preview

Los Angeles from above: Skyline by day

Example property Los Angeles

How did you imagine typical real estate in Los Angeles? We take a small look at the current real estate trend among architects, developers and buyers in LA.

Beach house with privacy and swimming pool

Close to the beach and yet completely private without annoying looks? There are many parts of LA where you can enjoy absolute tranquility and privacy. Especially celebrities and entrepreneurs from the economy appreciate these properties.

The interiors are designed in a typically American open style. Closed to the front and sides for privacy, but with a very open and inviting back, flooded with light. Additionally there is a view of the lush green of the coastal strip.

Relaxing by your own pool? No problem at all. Here you can relax according to your status.

Exclusive Design Houses

Exclusive design is a must for many in LA. After all, your own property is not only a place to live, but also a status symbol in one of the most successful cities in the world. If California were a country in its own right, it would immediately be in the top 10 in the world and would have a stronger economic power than 96% of other countries.

Prefabricated house, wooden house, 2 floors or low building for smaller plots. In LA, creativity and modernity have their firm place.

New construction: Building in Los Angeles

Property development and new construction are also a hot topic in Los Angeles. New, modern but also extremely luxurious properties are being built every day. Depending on one’s own financial possibilities, the sky’s the limit.

Especially in the Hills, such as Hollywood Hills or Beverly Hills, extremely exclusive properties are built for stars, athletes, musicians and entrepreneurs. But also in downtown, i.e. in the middle of the city of LA, there are interesting properties being built.

If you take a look at the interiors of many objects, you will notice that especially the interior is free and open.

The best thing about new buildings, objects can be designed individually. With the help of an experienced architect, not only can facades and structure be personalised, but gardens and backyards can also develop a charm of their own, as shown here. This is how you make the best use of LA’s space!

Example apartment: For sale now

Most exclusive properties have a living space of at least 250 sqm. Accordingly, there is a lot of design space left for the interior design.

Many properties in Los Angeles are freely available, so everything can be designed and planned individually. From living room to kitchen, colors, flooring, wood or marble, the possibilities are endless.

Living in LA: City, shopping and university

Luxury Stores: Shopping Malls and Boutiques

Boutiques in the city attract millions of tourists every year.

Shopping malls are the most popular next to the shops in downtown. Here you can also find all luxury brands and objects of desire. From exclusive handbags to luxury watches and tailor-made suits for business people.

UCLA: Formation and start ups in Los Angeles

The new elite is trained here. Thanks to the excellent infrastructure for education, LA is also an interesting location for families. Here children can develop in the best possible way, with international flair and American serenity.

Not only Los Angeles is extremely interesting. Directly in the vicinity there are other strong metropolises like San Jose, Santa Barbara but also Silicon Valley with its tech giants and extremely high rents.

Investment: Tips and explanation

More tips and recommendations? Is real estate worthwhile as a capital investment? What taxes are incurred and are there any tips on how to save taxes? In FIV Magazine we provide answers to many questions on the subject of capital investment. Not only real estate, but also precious metals, art and equity funds are in focus. After all, a good investment portfolio always contains a mix of several elements.

My column in FIV Magazine on the subject of capital investment.

Luxury Realtor: Contacts

My team and I support you in your search for real estate in Los Angeles. No matter whether as capital investment, for rent or for own use. With good contacts and recommendations, we will find the most interesting investment properties in Los Angeles Central. Any further questions? Call us or write us free of charge:

Realtor: Stephan M. Czaja

Phone: +1 310 492 9668

E-Mail: office@lukinski.com

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