Is Park La Brea a good place to live?

Is Park La Brea a good place to live?

Park La Brea is considered one of the best neighborhoods for millennials and offers the largest multi-family development west of the Mississippi. The Original L.A. Farmer’s Market and The Grove, L.A.’s premier shopping destination, are within walking distance.

Is Park La Brea rent controlled?

Park La Brea is the city’s largest apartment complex. Like 66 percent of the rental housing stock across the city some 630,000 units Park La Brea is also rent controlled, which means the City of Los Angeles controls how much rent can be raised each year.

Who owns Park La Brea Apartments?

Prime Group Prime Group is a leading real estate equity, debt and investment company. The firm owns only one multifamily community in Los Angeles, Park La Brea. The development, however, comprises 18 13-story towers and 31 two-story garden apartment buildings, encompassing 4,225 units.

How many towers are in Park La Brea?

eighteen 13

Is La Brea a good place to live?

Brea is a suburb of Los Angeles with a population of 42,678. Brea is in Orange County and is one of the best places to live in California. Many families and young professionals live in Brea and residents tend to have moderate political views. The public schools in Brea are highly rated.

Is La Brea safe?

Park La Brea is the city’s largest apartment complex. Like 66 percent of the rental housing stock across the city some 630,000 units Park La Brea is also rent controlled, which means the City of Los Angeles controls how much rent can be raised each year.

How many people live in Park La Brea Apartments?

Yes, its safe there. Used to hang out there a bit. Might run into some colorful people, a homeless person etc. in that area, but even at night always felt safe there.

What parts of Los Angeles are rent controlled?

For a simplified look at Los Angeles rent control, look here. Los Angeles, Santa Monica, Beverly Hills, and West Hollywood have rent control, but Glendale, Burbank, Torrance, Pasadena, Downey, and other cities nearby have nothing like it.

How do I know if a building is rent controlled in Los Angeles?

Check for Property is Rent Controlled in Los Angeles, County If you live if the City of Los Angeles, there is a great resource called the Zone Information and Map Access System (also known as ZIMAS) that will tell you whether or not your property is rent controlled. You can access ZIMAS by going to zimas.lacity.org.

How many residents does Park La Brea have?

Park La Brea is the city’s largest apartment complex. Like 66 percent of the rental housing stock across the city some 630,000 units Park La Brea is also rent controlled, which means the City of Los Angeles controls how much rent can be raised each year.

Who built Park La Brea Apartments?

With around 175 garden-style apartment buildings, eighteen 13-story towers and 10,000 residents in more than 4,200 units, Park La Brea is an unavoidableand necessaryexample of multi-family housing on a massive scale.

What is the biggest apartment complex in Los Angeles?

Park La Brea Apartments u2022 Location: Los Angeles u2022 Architects: Gordon Kaufman and J.E.Stanton u2022 Built: Early 1950s u2022 Units: More than 4,000 rental units u2022 Notable: Hollywood movie star Charlton Heston was once a resident at Park La Brea, according to an article in the Los Angeles Times.

Is Park La Brea safe?

How safe is Park La Brea Apartment? The community is rated 2.5/5 stars, which is considered being moderately safe on average. The community is rated 4.3/5 stars, signifying extreme satisfaction on average. The community is rated 3.3/5 stars, which is considered being very effective on average.

Who is the owner of Park La Brea?

Prime Group Prime Group is a leading real estate equity, debt and investment company. The firm owns only one multifamily community in Los Angeles, Park La Brea.

Is La Brea a good neighborhood?

Park La Brea is considered one of the best neighborhoods for millennials and offers the largest multi-family development west of the Mississippi. If you want to venture further, Park La Brea is near Beverly Hills and is centrally located between multiple freeways that will take you anywhere you want to go.

Is Brea a rich area?

The per capita income in Brea in 2018 was $43,544, which is upper middle income relative to California, and wealthy relative to the rest of the US. This equates to an annual income of $174,176 for a family of four. However, Brea contains both very wealthy and poor people as well.

Is La Brea a safe place to live?

Brea is very convenient as grocery stores and the freeway can be accessed within five minutes from anywhere. It is also a family oriented town with not much crime. Brea is a very safe place to live and raise a family. Most people who live here tend to stay, so a lot of people know each other.

Is Brea expensive to live?

How do Brea prices compare to other US cities? Brea is ranked 10 out of 273 cities across the US in terms of cost of living. The cost of living in Brea is 148.5% of the national average.

Is La Brea a safe area?

Yes, its safe there. Used to hang out there a bit. Might run into some colorful people, a homeless person etc. in that area, but even at night always felt safe there.

Is La Brea a nice place to live?

Brea is a suburb of Los Angeles with a population of 42,678. Brea is in Orange County and is one of the best places to live in California. Many families and young professionals live in Brea and residents tend to have moderate political views. The public schools in Brea are highly rated.

Is La Brea a street?

La Brea Avenue is a prominent north-south thoroughfare in the City of Los Angeles and in Los Angeles County, California.

What county is Park La Brea in?

Los Angeles

Is all of Los Angeles rent controlled?

Los Angeles rents are subject to a lower rent cap (8% maximum) under most circumstances than rent controlled buildings in other parts of the state (5% plus up to 5% inflation). Landlords can only raise the rent once every 12 months.

Is Los Angeles a rent controlled city?

In the city of Los Angeles, only buildings built and occupied before October 1, 1978 are subject to the city’s rent-control restrictions. The Costa Hawkins Rental Housing Act, which sets limits on rent control laws statewide, mandates that no units built after this date be subject to caps on annual rent increases.

What are the 15 rent controlled cities in California?

With rent control ordinances Fifteen cities are currently listed as rent controlled by the State of California: These are: Alameda, Berkeley, Beverly Hills, East Palo Alto, Hayward, Los Angeles, Los Gatos, Mountain View, Oakland, Palm Springs, Richmond.