Silicon Beach Creates a High Demand for L.A. Westside Homes

Originally posted on February 21, 2014


Silicon Valley is well known, but have you heard of Silicon Beach? There has been a huge growth in start-up tech companies on the Westside in an approximate three-mile area covering Santa Monica, Venice, Marina del Rey and Playa Vista.

Companies such as Google, Microsoft, Facebook, Snapchat and Hulu have branched out into “Silicon Beach”, and Los Angeles as a whole probably has the the second or third highest concentration of tech companies in the world. With this kind of growth there would be a high demand for homes normally, and this is compounded by the severe shortage of inventory.

Venice CA Community, Homes for Sale

In the area are a grand total of 93 single family homes for sale with a median price of $2,149,000, and 186 condos with a median price of $949,500. Average days on the market are 59 for single family and 101 for condos.

For those looking for a lease the Multiple Listing Service shows 192 available properties at a median of $5,200 a month.

There is no better time to sell your home Los Angeles home right now, especially if you are living in those areas. And if you are a buyer looking for an investment and can get in, the timing is perfect.

  1. 3 beds, 2 full baths
    Home size: 1,109 sq ft
    Lot size: 5,997 sqft
    Year built: 1926
    Days on market: 0
  2. 1 bed, 1 full bath
    Home size: 935 sq ft
    Lot size: 1,000 sqft
    Year built: 1972
    Parking spots: 2
    Days on market: 0
  3. 1 bed, 2 full, 1 part baths
    Home size: 1,024 sq ft
    Lot size: 2,722 sqft
    Year built: 1913
    Days on market: 1
  4. 3 beds, 3 full baths
    Home size: 2,380 sq ft
    Lot size: 7,040 sqft
    Year built: 1992
    Parking spots: 4
    Days on market: 2
  5. 1 bed, 1 full, 1 part baths
    Home size: 996 sq ft
    Lot size: 2.86 ac
    Year built: 2003
    Days on market: 3
  6. 3 beds, 3 full baths
    Home size: 2,500 sq ft
    Year built: 1971
    Days on market: 3
  7. 2 beds, 2 full baths
    Home size: 961 sq ft
    Lot size: 3,604 sqft
    Year built: 1950
    Days on market: 3
  8. 2 beds, 2 full baths
    Home size: 1,929 sq ft
    Lot size: 5.96 ac
    Year built: 1981
    Days on market: 3
  9. 3 beds, 3 full baths
    Home size: 2,500 sq ft
    Lot size: 5,046 sqft
    Year built: 1971
    Parking spots: 6
    Days on market: 3
  10. 1 bed, 1 full bath
    Home size: 935 sq ft
    Days on market: 3
  11. 4 beds, 3 full, 1 part baths
    Home size: 3,400 sq ft
    Lot size: 7,493 sqft
    Days on market: 3
  12. 2 beds, 1 full bath
    Home size: 1,158 sq ft
    Lot size: 6,328 sqft
    Year built: 1926
    Days on market: 3
  13. 4 beds, 2 full, 1 part baths
    Home size: 2,049 sq ft
    Lot size: 4,950 sqft
    Year built: 1947
    Days on market: 3
  14. 5 beds, 6 full baths
    Home size: 4,400 sq ft
    Lot size: 3,840 sqft
    Year built: 2009
    Days on market: 4
  15. 2 beds, 2 full baths
    Lot size: 5,017 sqft
    Year built: 1951
    Days on market: 4

See all Homes for sale in Silicon Beach Los Angeles.
(all data current as of 8/31/2015)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

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