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West Hollywood

California - Los Angeles

15.8°C

West Hollywood - Los Angeles

Locally nicknamed "WeHo", the tiny city of West Hollywood has been an incorporated municipality since 1984. Before this date, the former place, called Cityhood, has been selected by a coalition of LGBT activists to be an unprecedent place with progressive policies and strong rights protections. For more than thirty years, this small city has been having great impact on the national progressive public policy agenda. Thanks to its creativity and its fresh new ideas, West Hollywood has adquired a singular status that made it a city like no other in the world. It became an iconic destination for community activists and for curious visitors who wish to experience an unique place.

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.

One City One Pride LGBT Arts Festival

During forty days of events that celebrate art and culture, this annual festival aims for promoting the artistic contributions of the LGBT community. The 2017 edition was based on the "Go West" theme, debating on the LGBT West Coast utopia to live openly in cities like San Francisco or Los Angeles.This event proves that West Hollywood is a sanctuary city for the gay community. Therefore, the city is renowned for being very welcoming.

West Hollywood Design District

West Hollywood is famous for being the cradle of trendy arts, beauty and fashion for more than fifty years. While walking around in the Design district, you will see art galleries, antique stores, fashion shopping's and design places. This exclusive cultural destination benefits from more than 250 creative pioneer leaders who succeeded in discerning tastes and uninhibited creativity since the 1950s.

The PRESTIGE MLS agents

Syd Leibovitch
Director
Rodeo Realty
Mark A. McLaughlin
Director
Pacific Union International
Los Angeles
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The second most populous city in the US, Los Angeles is spread over a very diversified geographical area. Mainly a desert basin, the area is surrounded by the San Gabriel Mountains and divided by the Santa Monica Mountains.The climate of Southern California has often been described as ""perfect"" and for good reasons. Most days are sunny and warm, with delicious ocean breezes in summer. Moisture is low with little rain. In fact, there are no unpleasant seasons in Los Angeles.Los Angeles is considered the cultural capital of the United States, and has more museums and theaters than any other city in the United States. Moreover, the city is known for its many tourist attractions among which is the best known and famous Hollywood Walk of Fa...
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