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Unread 12-06-2011, 01:39 PM
 
4 posts, read 2,377 times
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Default Question about rent prices in Hollywood/West Hollywood

Considering renting an apartment that's in the middle of West and Central Hollywood. It's between Sunset and Fountain on Martel Avenue. The building itself isn't that great and I noticed a few homeless guys closer to Sunset, but the apartment is really beautiful inside, completely renovated and totally new with a washer/dryer and 2 parking spots and no pet deposit. Plus I managed to negotiate a month off so the effective rent comes down to $1420. I'm not sure if that is a good deal for the area? I've seen apartments listed for less and in slightly better neighborhoods, but don't know if the quality of those apartments could match this one. Plus this area still seems to be really close to West Hollywood, even if its not technically there. Is this a good rent price?
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Unread 12-06-2011, 04:39 PM
 
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A 1-bedroom?
I would say that's about average price.... maybe a little on the higher side. But you do have in-unit washer/dryer which is a bonus. So one month free? Meaning in a year it will go up a bit. If you've looked around and are happy with it go for it. If you're second guessing it, keep looking. There are tons of rentals available deeper in W Hollywood for the same price.
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Unread 12-06-2011, 05:19 PM
 
Location: Pasadena, CA
3,521 posts, read 996,191 times
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You could probably find something a couple hundred bucks cheaper if you look East of La Brea.
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Unread 12-06-2011, 06:32 PM
 
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Ok...miscommunication about the rent. Looks like its $1550 monthly now. I still think this is the nicest and largest 1 bdrm I've seen so far but it seems on the higher end of monthly rent.
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