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Old 05-12-2008, 07:00 PM
 
48 posts, read 176,801 times
Reputation: 13

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Hi,

I'm getting ready to move to LA this summer, and i'm trying to figure out the best place to live. Any advice would be greatly appreciated.

My requirements:
- Somewhere within a 15 mile or less radius of Hollywood.
- Preferably somewhere close to the beach or on it, but not 100% needed
- Somewhere within walking distance of trendy bars/restaurants/etc
- Lots of other single 20 somethings
- Need to be able to get a 2 bdr place on about $2300 a month

Thanks again,
Dan
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Old 05-12-2008, 07:04 PM
 
Location: South Bay
7,141 posts, read 19,549,014 times
Reputation: 3402
You could live decently anywhere in the city on that budget.
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Old 05-12-2008, 07:22 PM
 
48 posts, read 176,801 times
Reputation: 13
Right, but where should I live? I dont want to just randomly pick some place because I can afford it and then be stuck there...
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Old 05-12-2008, 07:28 PM
 
148 posts, read 436,067 times
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2 bedroom for 2300? You can get into most nice areas for that, but are you going to have a roommate?

I'll let you in on an enormous secret Dan my boy...I assume you are a straight guy. With the requirements you outlined, I say you get a place in West Hollywood. Hell, for 2300 a month you could even buy a condo there.

Why WeHo? Forget that rep of it being all gay and whatnot. It's not even close. Pretty much the best (and straight) parts of the Sunset strip run through WeHo, it's super close to Hollywood, and the best part of all (the big secret)? There is a HUGE, I mean seriously enormous population of super hot women, mainly wannabe and working actresses, models, Playboy bunnies, porn stars, and working girls that live in WeHo because it is so safe for them to live there. And even better, because so many of the guys living there have 0 interest in them. If you're gay, then you're set the other way too because there's lots of gay dudes.

-Walking distance to the trendiest bars, nightclubs, restaurants...check
-Close to the beach? Check (just shoot down Sunset to PCH and Malibu/Palisades, it's an awesome drive)
-20 somethings? Tons of them.
-within 15 miles of Hollywood? More like 1.5 miles to Hollywood
-2300 a month 2 bedroom? Yeah, you can find those no doubt.
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Old 05-12-2008, 07:32 PM
 
48 posts, read 176,801 times
Reputation: 13
really? I thought I was priced out of WeHo... I havent seen that I could afford much of anything nice there, but I was only looking on apartments.com...Is there a more realistic place to look?
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Old 05-12-2008, 07:33 PM
 
48 posts, read 176,801 times
Reputation: 13
oh and yes ill be living by myself and yes im straight.

thanks for the help
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Old 05-12-2008, 07:42 PM
 
Location: Cypress, TX
396 posts, read 1,599,985 times
Reputation: 106
look on craigslist
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Old 05-13-2008, 11:17 AM
 
148 posts, read 436,067 times
Reputation: 122
Yeah, check craigslist listings for sure. Search the rentals section for keywords like "weho" or by the zip codes, or for "west hollywood" with the checkbox for searching only in titles selected.

I don't know the exact rental prices there as I'm only looking at buying opportunities, but I see plenty of WeHo townhomes and condos for sale in the LA Times weekend home/RE sections (3/2.5 and 2/2 mostly) for 500-750 or less, and these proeprties listed are usually the way overpriced ones and should be dropping even further, so at 2300 a month = 27,600 a year = a little over 5.5% of a 500K, 2 bed/1bath or 2/2 condo.

Not a terribly low rate of return, so it's not out of the question. But yeah, the asking prices can be pretty ridiculous but you're not far out of the range, maybe at 2500/month you can land something nice. I say get a roommate and have them pick up a nice chunk of the tab...you might even get a supermodel for a roomy!
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Old 05-13-2008, 04:25 PM
 
48 posts, read 176,801 times
Reputation: 13
any other opinions?
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Old 05-13-2008, 04:34 PM
 
Location: South Bay
7,141 posts, read 19,549,014 times
Reputation: 3402
LA is huge, do you have any idea where you will be working or spending the majority of your time? that would certainly make it easier to narrow down the choices.
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