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9 sats \ 1 reply \ @SimpleStacker 28 Jan \ on: Renting a townhouse in Los Angeles is officially out of control econ
How's the market in your neighborhood?
the property is in Westlake Village
I haven't been tracking rents or home prices in the area but based on my tenant's desire to extend and prepay, I believe it is saturated
I have heard Palisades residents are relocating to Manhattan Beach and Newport Beach and Beverly Hills
update: I want to clarify one important detail. I decided to sell 6 months ago, long before the fires occurred 20 days ago. I would have sold earlier but there is a prepayment rider that is confusing
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