Is Hollywood a good investment?
Is Hollywood a good investment? High Appreciation Rates. Over the past ten years, West Hollywood real estate has appreciated 63.43% compared to the national average of 5.03%. This lands West Hollywood in the top 20% for real estate appreciation in the nation.
Is Los Angeles good for real estate investing? Believe it or not, Los Angeles is considered a great spot for investing in rental properties. The second-largest city in the country, LA boasts of great climate, stable job market, and exceptional diversity, so it comes as no surprise that people are flocking there no matter what.
Do celebrities invest in real estate? Ellen and her wife, Portia De Rossi, are two of Hollywood’s most notorious real estate owners and investors. While many other celebrities hold on to their mansions, Ellen has become somewhat of a real estate tycoon with her constant flipping of houses.
Is it good to invest in real estate in California? As an investor, the rent yield and ROI in California is still positive. The economic recovery might be rocky, and California cities remain some of the best cities to buy property.