As many readers have started to confess, rents are creeping up in Santa Monica. Now that prices have dropped 25% from their 2007 peak, most everyone is waiting for more declines before buying. This is putting more pressure on the rental market as the pool of renters increases. Let's hear from people what the actual PAID rents are now and get an idea of the rental market. We can divide Santa Monica into 4 different quadrants (hats off to one of our readers):
Northeast - 15th St. to 26th St. & North of Wilshire
(Franklin School District)
Northwest - Santa Monica Beach to 14th St. & North of Wilshire
(Roosevelt School District)
Southeast - 15th St. to Centinela Ave. & South of Wilshire
Southwest - Santa Monica Beach to 14th St. & South of Wilshire
Please include the following:
Quadrant Name & Zip Code
Street Name & Square Footage (If possible)
Bedrooms, Bathrooms & Parking
SFR, Townhouse or Condo (# of Units, Floor Level)
Year Built
Price PAID
This information would be very helpful in constructing a real rental database for Santa Monica. Not some B.S. from rental agencies.
Thanks!
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Great Idea!!!
ReplyDeleteNortheast 90402
15th Street
2Br 2Ba, 1 car garage, 1100 sqft
2nd Floor Condo w/balcony, 6 units
Year Built 1995
$2230
> Southwest - Santa Monica Beach to 14th St. & North of Wilshire
ReplyDeleteShouldn't that be South of Wilshire?
Yes, thanks for the correction.
ReplyDeleteOceanPark - paying - 9k
ReplyDeleteTownHome
4bed 4.5 bath
built 79
90405
southwest?
sorry between 3k and 3.5k sq ft.
ReplyDeleteI am renting at 10th and Arizona ave. 1 bedroom, old apt with no upgrades. been here since 2002 paying $1250 per month. Upgraded units in same bldg are $1500 (hardwood floors, granite tops, recessed lighting). before the crash the ungraded units wee renting for $1650.
ReplyDelete16th and Washington, 3 br/3ba paying $3,450 (rent increased in 2011 by $450).
ReplyDelete