Condos for sale in Los Angeles County, CA
Los Angeles County Condos
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Where To Look For Condos For Sale In Los Angeles County
Southern California has been a great place to invest in real estate as long as most of the people reading this have been alive. While a generation ago the ‘big money’ was in land, more people than ever before are looking at condos as both ideal homes and as their investment vehicles of choice. Not only are they less expensive (and easier to ensure against earthquakes), but condos also provide access to the first few rungs of the so-called ‘property ladder’, something that can be difficult to manage otherwise in a place like LA County.
Of course, the real challenge is deciding where to buy. Not every Los Angeles County condo is created equal. As they always say: ‘location, location, location’. In this article, we’ll look at factors you may not have considered, such as the climate and history of Los Angeles County, as well as exploring the different cities and neighborhoods that make up Los Angeles County, and just what makes each of them great. This should help you find the best condos for rent in Los Angeles County, CA. It should also help you assess whether each one is actually right for you.
History of Los Angeles County California
History of Los Angeles County California
Los Angeles County was created when the California Territory became a state in 1850 – long before there were condos for sale in Los Angeles County. At the time, it was much more extensive than it is now, stretching from the coastline to the state’s border with Nevada. However, the population began to rise rapidly, and the county was too large to govern effectively. San Bernardino County was split off from LA County in 1853, as was Kern County in 1866 and Orange County in 1889.
In the earliest days, the County was divided into ‘townships’, each based loosely on the ‘ranchos’ used to define the area when it was a Spanish colony. The City of Los Angeles at the time was defined as a 4-league Spanish land grant, and the Los Angeles Township encompassed all of the San Fernando Valley, as well as what would come to be West LA and East LA.
Regional growth was explosive until around 1960. By that time the farming, oil and aircraft manufacturing industries which had been the county’s backbone were in decline, and the tourism, tech and entertainment industries were just starting to blossom.
Los Angeles County Namesake
Los Angeles County Namesake
Los Angeles County (officially, it is ‘the County of Los Angeles’) was named after the township of Los Angeles, whose origin was in a pueblo or village founded in 1781. The founders called this village El Pueblo de Nuestra Señora la Reina de los Ángeles. This means, roughly, 'The Town of Our Lady the Queen of the Angels'. Other sources record the name as El Pueblo de Nuestra Señora la Reina de los Ángeles de Porciúncula, but the essential meaning is the same.
Southern California has been a great place to invest in real estate as long as most of the people reading this have been alive. While a generation ago the ‘big money’ was in land, more people than ever before are looking at condos as both ideal homes and as their investment vehicles of choice. Not only are they less expensive (and easier to ensure against earthquakes), but condos also provide access to the first few rungs of the so-called ‘property ladder’, something that can be difficult to manage otherwise in a place like LA County.
Of course, the real challenge is deciding where to buy. Not every Los Angeles County condo is created equal. As they always say: ‘location, location, location’. In this article, we’ll look at factors you may not have considered, such as the climate and history of Los Angeles County, as well as exploring the different cities and neighborhoods that make up Los Angeles County, and just what makes each of them great. This should help you find the best condos for rent in Los Angeles County, CA. It should also help you assess whether each one is actually right for you.
Los Angeles County, CA Demographics
Los Angeles County, CA Demographics
The 2020 census lists the population of LA county at a staggering 10,014,009 people. That is up 2% from the figure in 2010, but still shows a growth of more than a million people since the 1990 census. By comparison, LA county’s population is more than ten times the population of the region in 1920.
Racially, 25.6% of LA County residents identify as white, 7.6% identify as black, just under 15% as Asian, and nearly 48% as Hispanic or Latino. Less than 1% identify as Native American or Pacific Islander, and just over 3% identify as “mixed race.”
Why should you buy a condo in Los Angeles County, CA?
Why should you buy a condo in Los Angeles County, CA?
Well, one good reason is that while land prices all over California have risen to staggering highs once again, condo prices are much more reasonable.
Another is that, if you sit down and work out the expenses, the HOA fees for condos and similarly managed buildings are actually very competitive with the total costs of maintaining and repairing a similarly sized traditional home.
Finally – you won’t need earthquake insurance with most condos, as the HOA typically covers that. It really is an inexpensive option in a region where it is easy to become house-poor.
Los Angeles County, CA Climate
Everyone knows about the fabled “sunny California climate,” but how well does the actual climate of LA County stand up to the trope? Fairly well, actually. While it is large enough to have a little bit of local variation, Los Angeles County’s weather is universally warm and dry all year around. Technically, it is a “Mediterranean climate,” with seasonal rainfall appropriate for dry subtropical zones.
The summers in LA County are very dry indeed, and most of the rain falls in the exceptionally mild winter. The “dry season” runs from May through October most years, when average highs are in the mid-80s Fahrenheit, and overnight lows rarely drop below the 60s. The “wet season” runs from November through April. A typical rainy season will see a total of around 15 inches of precipitation. If that doesn’t sound like much for half a year, it isn’t. Even LA County’s “rainy season” is warm and sunny most of the time. That’s half the reason there is such a demand for condos for sale. Los Angeles County offers amazing weather all year around.
Things To See And Do In Los Angeles County
There is so much activity to choose from in Los Angeles County. If you are a fan of the visual arts, The Getty Center is one of the largest philanthropic organizations in the world, and much of its efforts are directed to the visual arts. In the Santa Monica mountains near Los Angeles you will find Griffith Observatory Park, which is also one of the largest urban parks in the entire state. Everyone loves a good amusement and theme park and Universal Studios Hollywood in Universal City is a great day out for tourists and locals alike. If vintage cars are your thing, then The Petersen Automotive Museum located in Mid-Wiltshire is your chance to see everything from the very first cars to the first modern hydrogen burners, all in one place.
Los Angeles County Art And Culture
Southern California is often seen as one of the 2 poles of US popular culture, and it produces more than its fair share of arts festivals, fairs and annual events. Many people find that the best apartment condo investments in Los Angeles County are those that allow frequent Airbnb rentals to tourists coming to LA county to attend these events. For example, Los Angeles County is famous for many events including The Frieze L.A. Art Fair, The Knott's PEANUTS Celebration at Buena Park which is great for the entire family, the Pasadena Cheeseburger Week for all foodies, and two fairs including The Los Angeles County Fair and The OC Fair in Costa Mesa.
Top 3 Reasons A Los Angeles County Condo Could Be In Your Future
A condo is a tangible asset. Condos for sale in Los Angeles County are not just investment vehicles but physical pieces of property. Whether the market goes up or down, you’ll own something real which can benefit you.
Condos tend to appreciate in value, where other possessions depreciate. Like any possession, you need to take care of it. Still, a condo for sale in Los Angeles County will generally sell for more than it cost ten years ago. You can’t say that for most cars.
Condo rent is more inflation-proof than many other investments. If prices go up, rent goes up. The actual buying power of your income should remain relatively stable, even in a heavy inflation environment.
Explore some of the best neighborhoods in Los Angeles County, CA
Pacific Palisades
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Brentwood
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West LA
3 Properties
Mar Vista
0 Properties
Venice
0 Properties
Why Los Angeles County?
Why Los Angeles County?
Are You Ready To See What Los Angeles County Has To Offer? Los Angeles County condo ownership is more popular than ever. There is a constant demand for condos for rent in Los Angeles County, CA, and whether you are the tenant or the landlord in this scenario, you could be enjoying the fruits of the bustling Los Angeles economy. All you need to do is decide where to buy, and fall in love with the weather, the culture and the unique spirit of Los Angeles County.
Kaiya Botosh
Jaydon Levin
Martin Lipshutz
Alfonso Rosser
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