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Northridge

California - Los Angeles

21.8°C

Northridge - Los Angeles

Originally named ""Zelzah"" and then ""North Los Angeles"" in reference to the booming city, Northridge is a lovely neighbourhood in the San Fernando Valley characterized by its suburban malls, its ranch homes and its college students. These give an active and animated dimension to the municipality, that sometimes suffers from earthquakes. The Metrolink train makes it easier to come there or go away. The main attractive feature of this Northwest Los Angeles city is undeniably its magnificent backdrop thanks to the Santa Susana Mountains. Even if Northridge could appear ordinary from the ground, that is from the mountains that is really looks spectacular. Besides it benefits from endless outdoor activities with the Sanata Susana Mountain trails and their park spaces. This quietude and peaceful city is a haven for young families and studious academics, with its residential streets and its perfectly trimmed lawns.

Market overview

The American real estate market has suffered from an important crisis, due to seizure of properties. This phenomenon had a huge consequence on prices, which plummeted. Therefore, investing in a property in L.A. is currently a safe investment and is interesting as the market benefits from favorable conditions.

Besides, the American population is mobile and often changes its accommodations. The law is particularly secured for financial backers and the American system is based on MLS (Multiple Listing System) which gathers all properties on sale, which is a guaranty of  ease to find one.

Thanks to a nice economic expansion, Los Angeles enjoys a large and diversified property portfolio with competitive prices for a city such vibrant, enormous and sunny. All in all, this area is a real heaven for owners and real estate investors.

Who buys?

Thanks to its multicultural aspects, Los Angeles is a global city which constantly attracts show business celebrities, fashion leaders, wealthy tourists as well as powerful financial people who are looking for an upscale quality of life, in a magnificent green oasis where are gathered culture, entertainment, glamor and leading-edge technology.

Buying basics

"Before any investment, the potential buyer will have to contact a professional of the real estate sector. The latter will need his client's passport and other administrative and bank documents to testify his identity and his solvency. The buying process is really fast (around one month). You do not need to have the American citizenship nor the famous Green card but you are required to provide a social security number (SSN), which is obligatory to fill in the tax return (that is only $100 for a property).

Besides, it is highly recommended to purchase an insurance regarding the ownership title in order to be secured in case of potential recording error. "

Peak Season
Jun 01 - Aug 31

From June to August, summers are particularly sunny and hot because of Santa Ana, a warm and dry wind that creates heatwaves. Therefore, temperatures can sometimes reach 35 degrees.

High Season
Apr 01 - Dec 01

The period from April to November is generally one of the best periods of the year to visit Los Angeles as temperatures are pleasant. Spring is also the period with shorter visitor queues and lower prices. However, between April and May, there is a "June Gloom" phenomenon (also called "May Grey") which corresponds  to a thick fog that appears at dawn and persists until midday.

Low Season
Dec 01 - Mar 31

Thanks to a Mediterranean climate, Los Angeles has a sweet climate throughout the year. Winters are mild and slightly rainy. Temperature scarcely drop below 10 degrees during the period from December to March.

Faith Bible Church

Built in 1917, this Carpenter Gothic Victorian style building was the first church to be built in Northridge. It was built almost a decade after the Southern Pacific Railroad first laid tracks through Northridge. Therefore, in 1908 this area was known as "Zelzah station". Originally, the building was a Norwegian Lutheran Church because the six families that were part of the congregation were Norwegian descendants.

California State University

Founded in 1958, Northridge receives one of the nation's largest universities, the California State University that is a well-known public institution promoting environment. The campus is aimed at boosting ecological sustainability thanks to a fuel cell plant or the reuse of wastewater. Its campus has open plazas and park spaces that offer a studious and enjoyable atmosphere to work. This university was ranked 68 in the 2017 edition of Best College regarding "Regional Universities West".

Mission Point (2711 feet)

Also known as "Mission Peak", it is the highest peak of Granada Hills, which is the second largest park in the Los Angeles area. Its trails are not severe and instead, they set up perfectly for a hike thanks to the constancy of the uphill. You will first enjoy the grassy hillside views before admiring Los Angeles and its mountains as you get higher. You will also appreciate the natural beauty and it is all worth it: All L.A. County is laid out before you once you get to the top.

Saint Nicholas Greek Festival

The 2017 edition celebrated last May the 44th Memorial Day Weekend. This annual festival takes place at the Saint Nicholas Greek Orthodox Church and promotes the traditional Greek way of life through sights, traditional and popular sounds as well as tastes such as gyros, moussaka and homemade pastries. In a convivial and welcoming atmosphere, you will appreciate the hospitality of the Valley's Greek community and admire the elaborate traditional costumes of authentic Greek musicians. You will enjoy yourself performing Greek dances before relaxing in a warm ambience under the trees.

The PRESTIGE MLS agents

Syd Leibovitch
Director
Rodeo Realty
Mark A. McLaughlin
Director
Pacific Union International
Los Angeles
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