
Spotlight on Mid-City Los Angeles, CA
Mid-City is a highly diverse and dense urban neighborhood located in central Los Angeles, California. The area boasts a slew of historic single family homes and a multitude of multifamily apartment properties. While the borders of what is referred to as “Mid-City” may be disputed, one thing that remains undeniable is the array of unique real estate offered with renters occupying most of the housing space. Dive a little deeper into the area and you will find yourself immersed in a vast spectrum of beautifully built apartment properties constructed during the mid-century.
According to Los Angeles Times, the borders of Mid-City are north of the 10 freeway and south of Pico Boulevard with the east/west borders defined as Robertson Boulevard to the west and Crenshaw Boulevard to the east. Despite its location just a few miles west of Downtown, Mid-City maintains a suburban feel where home prices range between half a million dollars to well over $1 million, most of which are being purchased by Westside transplants being priced out of traditional coastal areas such as Venice, Marina del Rey, and even Mar Vista and Culver City. The come-one-come-all attitude of this area is clearly manifested in the emerging gentrification with regard to its retail shops and corner stores.
For quiet palm-tree promenades, Mid-City is the place to be. If the intent is to explore Los Angeles and its notoriously late-night after-after party offerings, then there are neighborhoods better suited to service that desire.
The featured properties in this month’s rent survey represent six communities in the immediate Mid-City area built from 1949–1964. Average occupancy rates for the communities range from 83%–94%. Common area amenities vary from property to property and include swimming pools and community patios while in-unit amenities include laminate and vinyl plank flooring, renovated bathrooms and kitchens, some of which feature stainless steel appliances. Residents pay application fees ranging from $25–$35 with security deposits ranging from $500 up to one month’s rent. Pets are allowed in some surveyed communities with residents paying non-refundable pet deposits of $250–$300.