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Old 08-28-2008, 01:19 PM
 
Location: The Miami Of Canada
1,044 posts, read 3,350,694 times
Reputation: 285

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Quote:
Originally Posted by davidt1 View Post
That location is close to the Devonshire police station. Give them a call. They are the best source on current local crime statistics.
I will do that. Thanks.
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Old 08-28-2008, 01:20 PM
 
Location: The Miami Of Canada
1,044 posts, read 3,350,694 times
Reputation: 285
Quote:
Originally Posted by laysayfair View Post
Is the person doing the describing selling you something or have anything to gain or are they someone who's opinion you can trust? I think that's a good idea about the police station. Call and ask them about the neighborhood.
Unfortunately, the person doing the describing does have a lot to gain if I buy this property for them. I want to take this person at their word, but the area is one that I'm not familiar with at all, which is why I have my suspicions.
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Old 08-28-2008, 01:25 PM
 
Location: The Miami Of Canada
1,044 posts, read 3,350,694 times
Reputation: 285
Quote:
Originally Posted by CESpeed View Post
This area is a stone's throw from CSU Northridge and is the nicest and safest part of Northridge. You'll not only have LAPD but campus police as well. I can't speak for all of Northridge, but I did attend CSUN and I would walk around that area by myself at night and never had a problem. I have a friend who still lives in the area and the only change I've seen is they've build a shopping center on Devonshire. It's still a safe area.

As for the crime rate, I would assume they are probably petty crimes like someone's car being broken into. I haven't heard of violent crimes happening.
I appreciate the input.

I'm just still confused why that area would have such a high crime rate.
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Old 08-28-2008, 01:31 PM
 
3,413 posts, read 6,317,820 times
Reputation: 1410
Quote:
Originally Posted by ITChick View Post
I appreciate the input.

I'm just still confused why that area would have such a high crime rate.
Are you going to be buying this house sight unseen?
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Old 08-28-2008, 02:17 PM
 
Location: San Fernando Valley, CA
1,719 posts, read 6,032,200 times
Reputation: 781
That sounds like a great area...well not great, but average/above average IMO. A lot better than other areas. It's close to CSUN and the PD. Don't worry about crime...I promise you it isn't as bad as you think it is.
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Old 08-28-2008, 02:40 PM
 
Location: The Miami Of Canada
1,044 posts, read 3,350,694 times
Reputation: 285
Quote:
Originally Posted by laysayfair View Post
Are you going to be buying this house sight unseen?
As horrible as this sounds, since I am helping this person out, it may end up being bought sight unseen.

I want to do the right thing, and I may be spending some time there as well. I don't want to find out that I made a horrible investment just so I could help someone else in their time of need. I am relying on this person who is telling me what a great investment it is and how I can help them at the same time and therefore I have my concerns.
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Old 08-28-2008, 02:43 PM
 
Location: The Miami Of Canada
1,044 posts, read 3,350,694 times
Reputation: 285
Quote:
Originally Posted by Hungry For Cheese View Post
That sounds like a great area...well not great, but average/above average IMO. A lot better than other areas. It's close to CSUN and the PD. Don't worry about crime...I promise you it isn't as bad as you think it is.
I really hope so. When I looked at those crime stats, I was shocked as they were worse than Compton and comparable to Watts! Is that area surrounded by some bad areas nearby?
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Old 08-28-2008, 03:25 PM
 
3,413 posts, read 6,317,820 times
Reputation: 1410
Quote:
Originally Posted by ITChick View Post
As horrible as this sounds, since I am helping this person out, it may end up being bought sight unseen.

I want to do the right thing, and I may be spending some time there as well. I don't want to find out that I made a horrible investment just so I could help someone else in their time of need. I am relying on this person who is telling me what a great investment it is and how I can help them at the same time and therefore I have my concerns.
I see regret written all over this transaction. Don't do it. You are setting yourself up.
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Old 08-28-2008, 03:26 PM
 
Location: San Fernando Valley, CA
1,719 posts, read 6,032,200 times
Reputation: 781
Honestly, you really need to drive a bit for crime...heavy crime. Most violent crimes happen or could happen in Sun Valley, Pacoima or cities the line the Eastern mountain range. In the valley you only have to watch out for the gang banger looking Mexicans for the most part, and there really isn't any. If you see some in other areas, they are usually out of the hood to seek a safer life, raise a family(although they could still have a twisted look at life compared to you or I)...but they aren't looking for trouble like their younger counterparts who still live in the hood. The 15 to 22 year olds have the most to prove....it'll be fine.
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Old 08-28-2008, 04:20 PM
 
Location: Los Angeles, CA
419 posts, read 1,262,724 times
Reputation: 179
Cite your source for crime stats. Sometimes these are compiled based on the city, which Northridge IS NOT - it is a community/neighborhood in the city of Los Angeles. Sometimes the stats are based on the police precinct, which perhaps could be skewed by a neighboring area. You honestly need to drill in and do more homework than visiting a web site and plugging in a zip code, which may simply map you to LA or Pacoima or Panorama City's stats.

I don't live in Northridge (we're currently in Sherman Oaks, which is about 5-7 miles away), but you have to understand that LA/Valley is a dense area with millions of people - it changes very fast from street to street. There's more here than you can appreciate from pictures or even Google Maps Street View (which is a good start to get a "driving tour" of the area) - if you're going to invest hundreds of thousands of dollars "helping someone out", invest a weekend and a few hundred bucks to fly out.

Some more free advice: since there is a university nearby, the property may make for a great rental. Check Craigslist for rent rates on similarly situated homes (size, etc) to see if cap rates make sense to have the thing cash flow.

Again, your source for crime stats sounds very suspect if Porter Ranch is showing high crime - the area has an average household income around 100k.
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