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Old 07-13-2018, 12:28 PM
 
109 posts, read 165,982 times
Reputation: 83

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I'm considering 2bd townhouses in The Gardens, which is this giant complex on Westmont between Western (W) and Gaffey (E). It's right next to Eastview Park and two nice looking shopping centers with Sprouts and Albertsons.

My questions are:

1. Is this area trending for the better or the worse? Is it slowly becoming more like Palos Verdes (trending up) or is it slowly becoming more like central/south San Pedro (trending down)?

2. Are there any major changes I should know about (i.e. zoning changes, new buildings, good stores coming/leaving, school changes etc)?

3. Compared to other real estate markets, are the townhomes here more or less likely to retain more of their value during a real estate crash? I'm most interested in how it would compare vs my current 3bd house in Diamond Bar.

And of course ANY general insights you can give about the area is welcome! I've lived in Torrance a long time ago but never went down south to this part of SP. Though on Google Maps it looks *really* nice.
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Old 07-13-2018, 09:03 PM
 
Location: SoCal
3,877 posts, read 2,821,374 times
Reputation: 3183
I was in the area last week.

1. The area does look very nice, and as if it's only headed up. So much so that I personally have stated to consider purchasing a home in the area.

2. I have no idea.

3. I think the prices will remain more stable as opposed to Diamond Bar due to the convenience of still living in LA.
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Old 07-14-2018, 12:46 AM
 
109 posts, read 165,982 times
Reputation: 83
Quote:
Originally Posted by sean1the1 View Post
1. The area does look very nice, and as if it's only headed up. So much so that I personally have stated to consider purchasing a home in the area.
Well howdy possible future neighbor.

I haven't found anything too negative. Only thing I'm worried about is the new development a few blocks away called High Park that is going to add 700 more homes to the area. (It is going up on the plot right across from the cemetary on Western.

My worries is such an influx of new available homes will lower the value of existing homes in the area.


Quote:
Originally Posted by sean1the1 View Post
3. I think the prices will remain more stable as opposed to Diamond Bar due to the convenience of still living in LA.
When you think of convenience, are you measuring accessibility to a certain location, as in Downtown LA?
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