It is not just Los Angeles homes for sale that are jumping off the shelf, now Los Angeles homes for lease are going the same way.
There are a lot of people moving to Los Angeles these days, and before they commit to an area, or decide if they are going to stay in our fair city, they are looking at leasing a Los Angeles property.
The problem is, a nice rental property in a desirable part of Los Angeles does not come cheap, and the good ones are going very quickly.
For a decent two-bedroom condo on the Westside you will be spending a minimum of $2,300 per month and that is at the very low end.
Everyone seems to want an upgraded unit with hardwood floors, inside laundry, over 1,200 sq. ft. This is going to be extremely difficult to find, and three bedrooms are going to be almost impossible to find. The same goes for a single family home.
Leasing a Los Angeles property is becoming a competitive sport these days. With the influx of people into Los Angeles, and the hesitancy of prospective buyers to pull the trigger right now, there is a shortage of good rentals, and those that come on the market are taken almost immediately.
If you are looking to lease a Los Angeles property you may have to give up some of the items on your want list and jump on the closest to your needs.