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

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.

See all Homes for sale in Silicon Beach Los Angeles.
(all data current as of 11/20/2014)

  1. $2,150,000 : 940 ROSE AVE, Venice
    4 beds, 3 full, 1 part baths
    Lot size: 6,250 sqft
    Year built: 1961
    Parking spots: 2
    Days on market: 1
  2. 3 beds, 2 full, 1 part baths
    Home size: 2,126 sq ft
    Lot size: 7,514 sqft
    Year built: 1924
    Days on market: 1
  3. 2 beds, 1 full bath
    Home size: 802 sq ft
    Lot size: 29,047 sqft
    Year built: 1956
    Parking spots: 1
    Days on market: 2
  4. 2 beds, 2 full, 1 part baths
    Home size: 1,425 sq ft
    Parking spots: 2
    Days on market: 2
  5. 6 beds, 5 full, 3 part baths
    Home size: 7,424 sq ft
    Lot size: 8,952 sqft
    Year built: 2001
    Parking spots: 2
    Days on market: 2
  6. 2 beds, 1 full, 1 part baths
    Home size: 1,317 sq ft
    Lot size: 4,001 sqft
    Year built: 1923
    Days on market: 3
  7. 3 beds, 2 full baths
    Home size: 1,722 sq ft
    Year built: 1972
    Parking spots: 2
    Days on market: 3
  8. 2 beds, 2 full baths
    Home size: 1,230 sq ft
    Lot size: 4,197 sqft
    Year built: 1940
    Parking spots: 6
    Days on market: 3
  9. 3 beds, 1 full, 1 part baths
    Home size: 1,118 sq ft
    Lot size: 5,453 sqft
    Year built: 1947
    Days on market: 3
  10. 4 beds, 4 full baths
    Home size: 3,300 sq ft
    Lot size: 2,855 sqft
    Year built: 2014
    Parking spots: 2
    Days on market: 4
  11. 2 beds, 2 full baths
    Home size: 1,901 sq ft
    Lot size: 31,647 sqft
    Year built: 2006
    Days on market: 4
  12. 2 beds, 2 full, 1 part baths
    Home size: 1,735 sq ft
    Lot size: 31,647 sqft
    Year built: 2006
    Days on market: 4
  13. 3 beds, 2 full, 1 part baths
    Home size: 1,978 sq ft
    Lot size: 8,001 sqft
    Year built: 1981
    Parking spots: 4
    Days on market: 4
  14. 5 beds, 2 full, 5 part baths
    Home size: 5,035 sq ft
    Lot size: 8,931 sqft
    Parking spots: 2
    Days on market: 4
  15. $3,895,000 : 33 20TH AVE, Venice
    3 beds, 3 full, 1 part baths
    Home size: 3,200 sq ft
    Lot size: 2,642 sqft
    Year built: 2014
    Parking spots: 4
    Days on market: 4

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

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Jane Peters

Jane Peters is a Los Angeles Realtor®, specializing in absentee owners, out-of-town-buyers and those needing that extra personal touch to make the buying and selling of Los Angeles real estate a smooth and, believe it or not, fun process.

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