One-quarter of the conversion projects in the pipeline are located in former offices and will result in more than 12,300 apartments. One such example is the Mayer Building, the stunning Los Angeles landmark that is expected to create 79 affordable apartments.
In fact, LA prides itself on having the highest number of future residential conversions overall, with more than 4,300 apartments set to be redeveloped as of 2022. Another future project is the notorious Cecil Hotel which recently reached world fame due to it being featured in a popular Netflix documentary. The building is expected to be a mix of hotel and apartment building, housing a total of 290 units.
Nearly 40 of the suburbs that transitioned to renter-majority in the last decade belong to just three metros: Washington, D.C. (14); Miami (13); and Los Angeles (12).
The largest of the three metros, Los Angeles, is also home to one of the most famous suburbs in the world, which is now mostly renters. Specifically, about 51% of the people living in Beverly Hills, CA, are renters — a result of a steady increase in renter share during the last 10 years. Here, people living in rented homes have a median income of $81,000 — one of the highest of the 103 renter-majority suburbs.
In Los Angeles, you can only get that much-needed home office space if you’re able to pay 39% more in rent (or $923). However, strolling on the Santa Monica Pier whenever you feel like it or spotting Leonardo DiCaprio at a game at Dodger Stadium — priceless!
Look for apartments with garages near me
Do you dream of getting into your car as soon as you leave the house? Tired of getting rained on or getting a sunburn in the short minutes it takes to get to wherever you parked your car the night prior? Do you hate worrying about the safety of your vehicle? If having a garage is a priority, you can now look for apartments with a garage near you, anywhere in the U.S.! Whatever the reason you’re looking for apartments with a garage in a certain area, RentCafe can help find the right option for you and your car.
Having a specific location in mind makes apartment hunting easier. Whether you’re looking to move to a specific neighborhood, or a particular ZIP code nearby — if not the one you already live in — you can take your pick from the available apartments with a garage in the area. Still looking for the one? Then you can expand your search to other cities nearby and even go state-wide. You can even filter through available listings with garages and compare their size, price and features until you find the one for you.
Frequently Asked Questions
What is the price of an apartment with garage in Los Angeles, CA?
Renting an apartment with garage in Los Angeles, CA
Having a parking spot or garage is one of the top amenities a renter who drives could wish for in a new home. For many people living in Los Angeles, CA, driving is a necessity, which is reflected in how popular rentals with parking included are. But renting an apartment with a garage takes it a step further by adding an extra enclosed space to protect your car. Whether you choose to also use it for storing your bike, sports equipment, holiday decorations or even extra furniture on top of storing your car, this means more room for you, your loved ones or your roommates. One of the best parts is that you won’t have to worry about the effects of Los Angeles weather on your vehicle. Come rain, snow, or scorching sun, your car is protected inside the garage when it's not in use.
More perks than just parking
Renting an apartment with a garage in Los Angeles, CA might just be the best decision you make as a renter and a driver given the advantages that come with it. A garage has an added bonus of security and the perk of having extra storage space. So, an individual garage makes storing your car and other possessions a big advantage. Plus, not only does a garage protect your car from natural elements, but it is also the perfect deterrent against dents from neighbors’ car doors or other damage.
Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!