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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