What It Really Takes To Buy a Home in LA

For many people, buying a home in California, like these especially the beautiful Los Angeles area, is a powerful dream. After all, the region is known for its year-round sunny weather, beaches, cultural activities, world-class dining and more. Houses in California, because of all the area has to offer, include a strong economy, are more expensive than the national average. Still, when looking for Venice Beach homes for sale, there are always homes and condos that have great value.

The Price Range

The Venice Beach community is known for its lively atmosphere, specially its pedestrian promenade that features some of the most interesting performers on the planet. The real estate market there is just as lively, with homes going for as high as many millions of dollars to as little as $400,000. Here’s a rough outline of what you’ll pay for some properties in the area.

  • A large, two bedroom two bath penthouse with awesome views and great amenities comes in at $1.5 million
  • A two bedroom two bath condo in the center of the action can be leased for $4,250 a month
  • A 2100 square foot traditional home in the walkable Penmar area with an open floor plan just went for $737,000.
  • A 2nd floor condo with ocean views, high ceilings and a private patio went for $650,000

Just like anywhere else, the real estate market is diverse, and you get what you pay for. Great locations and upgrades cost more money, while bargains can be found away from the beach and in quiet neighborhoods.

The Terms

When looking for Santa Monica homes for sale the asking price is only part of the equation. You can look for creative financing to get your home with a low down payment, or you can shop for the best loan rates. Other options include economical condos and townhomes that provide great living spaces with low monthly expenses. Your real estate broker can make your dream of living in LA a reality.


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