Why Buying a Condo in LA Makes Sense Conventional real estate advice often recommends buying a single family home rather than a condo if possible. This may still be true in some markets, but in Los Angeles, there are many benefits of owning a condo that are exclusively relevant for condo owners over single family homeowners. Keep reading for 5 reasons buying a condo in LA makes more sense than buying a house.
Why Buying a Condo in LA Makes Sense
1. Condos Provide Better Amenities Than Single Family Homes
Condo buildings in Los Angeles are known for offering high end, impressively luxurious amenities like spas, personal training services, rooftop pools, and valet service. Even a condo that is designed to appeal to those looking for affordability will offer amenities you are unlikely to find in a single family home community.
Buying a condo in Los Angeles instead of a single family home will allow you to enjoy a comfortable lifestyle. As you search for condos in your desired area, make note of the building amenities. You may find that by purchasing a luxury LA condo you are able to eliminate your gym membership, or make a shift to entertaining at home instead of going out.
2. Condos Are Low-maintenance and Low-responsibility
If you are a busy person (and who isn’t in LA?), buying a condo is a great way to minimize the time you spend on home maintenance and repair. Condos are inherently low-maintenance because the landscaping, pool, gym, roof, and more are managed by the building. This means less time and less stress spent on keeping up with your home.
When you purchase a single family home, the entire property is your responsibility. Whether you hire someone or do the work yourself, it is up to you to keep up with pool maintenance, lawn care, cleaning the gutter, replacing hot water heaters, HVAC systems, and more. A large portion of the maintenance and responsibility single family home owners take on are things condo owners never have to worry about.
3. Condos Allow You to Access Your Favorite LA Neighborhood
Los Angeles is filled with diverse, unique neighborhoods. When you find your favorite pocket of the city, you will want to be as close to it as possible. Whether you are looking for proximity to the ocean, vibrant nightlife, a walkable neighborhood, or any other characteristic, moving to the city in LA is best suited to buying a high-rise condo.
Much of the new construction development in Los Angeles is high rise condos because it is one of the best ways to solve the housing demand issue. You will have a much harder time finding a single family home in your favorite LA neighborhood, while buying a condo is likely to be far more accessible.
4. Condos Tend to Have Better Security Than a Single Family Home
Security serving Los Angeles condos is superior to nearly every single family home community. Even if you were to install a top-of-the-line security system in a house, it is virtually impossible to compete with the security a condo building provides.
In addition to doorman, private elevators, gated parking garages, and 24/7 security guards on duty, all of which are commonly a part of condo fees in LA, condo owners are insulated against break-ins by the nature of the housing. Home intruders are far less likely to attempt a break-in when there are likely to be multiple witnesses and a longer route away from the scene of the crime.
If you are someone who travels often, a condo in LA may be the best option for you as well. Rather than being concerned about your home being visibly vacant and vulnerable to a break-in, your property will be just as secure as it always is while you are out of town.
5. A High Rise Los Angeles Condo Provides Superior Views
Finally, buying a condo may result in having some of the best views in the city. Many Los Angeles high rise condos feature private balconies, rooftop pools, floor to ceiling windows, and other features to maximize your access to views of the skyline, the mountains, and the ocean in ways a single or two story home simply cannot achieve.
To learn more about finding your ideal condo in LA, contact us any time.
