Southern California truly has it all. From sunshine all year long to celebrity sightings, it is no wonder to see why Venice Beach real estate is so hot right now. Even if you do not live in this part of the state, you still may want to consider going on vacations here. The following cities are some of the best places to invest in a vacation home where you can truly have it all when it comes time to unwind.
- Santa Monica
When you look at Santa Monica condos for sales, you should expect to see some big numbers. However, the investment is well worth it. When you decide to take a trip to Southern California, you can head over to your home overlooking a gorgeous beach. From first-class restaurants to great surfing opportunities, you do not want to miss out on Santa Monica while the getting is good.
- Long Beach
Long Beach is a bit less expensive to buy in than the rest of Los Angeles, but you will still spend a pretty penny. Fortunately, you can recoup much of your investment when you rent out your vacation home as an Airbnb for most of the year. You can charge quite a bit because many people in the city are in need of long-term accommodation, especially those who work at the Port of Long Beach seasonally.
- San Diego
If you want to go even further south than Los Angeles, then San Diego may be right for you. Home prices in the city continue to increase, but that is great if you are an investor. You can buy now and wait until your purchase increases in value. Some of the best neighborhoods in San Diego to invest in include Golden Hill, University City and Hillcrest.
In Malibu, you can purchase vacation homes that are essentially first-class resorts. When you come down for a vacation, you may never feel like leaving your home. When you own property in Malibu, you can charge a lot of money for Airbnb users. Some can charge as high as $800 a night through the app. With great surfing and some of the most beautiful hiking trails in the world, you will soon see why Malibu attracts the best and brightest from around the globe.
- Manhattan Beach
Manhattan Beach is a perfect destination when you want long, scenic strolls along the beach. As you walk through the neighborhoods, you will come across everything from small local shops to beach cottages. It is the perfect way to get away from the hustle and bustle of city life. It is also a safe community if you plan on bringing your children on vacation with you.
You have many options to consider when choosing a vacation home. Do you want something that is close to all of the activities you enjoy doing on your break, or do you want something that has a lot of potential on Airbnb? Make sure you have an experienced Los Angeles real estate broker in your corner to guide you every step of the way.
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