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NatHall
Posts: 1
Registered: ‎02-24-2013
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Best LA Areas for Resale in 5 Years

Does anyone have insight on which areas are "up and coming" in the LA area and which are going to be losing value? We are looking for a starter home but will sell in 5 or so years and were wondering what areas might be best for us.

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vigdia
Posts: 12
Registered: ‎10-20-2010
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Re: Best LA Areas for Resale in 5 Years

Glendale, Burbank, Pasadena

Regular Contributor
jones22
Posts: 128
Registered: ‎12-07-2009

Re: Best LA Areas for Resale in 5 Years

I doubt anyone can predict this...

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Beefy
Posts: 39
Registered: ‎12-16-2011
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Re: Best LA Areas for Resale in 5 Years

[ Edited ]

NatHall wrote:

Does anyone have insight on which areas are "up and coming" in the LA area and which are going to be losing value? We are looking for a starter home but will sell in 5 or so years and were wondering what areas might be best for us.


Places like temple city, walnut, Hacienda Hights, Diamond Bar.....

LA is one of  the two most popular places for wealthy to buy properties in North America. 

Trusted Contributor
Mortmain
Posts: 195
Registered: ‎10-29-2012

Re: Best LA Areas for Resale in 5 Years

You are going to need to do your own research. Those who know are going to keep their cards close to their chest. Jobs, tranportation, schools, gentrification, urban development are just a few of the factors that might influence things. If an area is already mature, then it's already in demand. If it's very new, but a long commute to work then with rising gas prices, homes may not hold their value. Downtown LA was/is going through a renaisssance of sorts, but with an emphasis on vertical living. San Pedro was tipped to be an artist community turning upmarket. I like Monrovia, which has been going through a facelift and has potential to become a little fancier.

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mnsweeps
Posts: 196
Registered: ‎06-04-2008
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Re: Best LA Areas for Resale in 5 Years

La Canada, Stevenson Ranch, Arcadia, San Marino

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john72
Posts: 527
Registered: ‎02-19-2011

Re: Best LA Areas for Resale in 5 Years

Ai yi yi.

Have people learned nothing?
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CondoKelly
Posts: 2
Registered: ‎03-04-2013
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Re: Best LA Areas for Resale in 5 Years

Lots of links online to hot up and coming neighborhoods in LA.  Right now, Atwater Village, Highland Park, Glassel Park, Korea Town and Eagle Rock.  Pretty much in that order.  Prices are getting high as flippers are paying cash for places, fixing them up and then marking up very high.

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Chetburger
Posts: 4
Registered: ‎11-11-2010
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Re: Best LA Areas for Resale in 5 Years

Yep, Atwater, Eagle Rock,

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Excellence
Posts: 45
Registered: ‎04-17-2012
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Re: Best LA Areas for Resale in 5 Years

Generally speaking..the best areas for "resale" are the most sought after neighborhoods now.