Los Angeles can consist of ‘micro-climates’ which is made up of smaller condensed pockets of neighborhoods that are more attractive than others, offer better schooling or different city with specific ordinances.
Some of the reasons are:
Zoning determines the use and density of a particular area and that in turn affects if areas are single family residence (SFR) only or multi-residential only or a combination or that. These zoning rules can have an extraordinary influence on value and potential of any property and it helps to talk with a local professional who has knowledge of this.
Zip Codes can influence the value of a property and they change from street to street. Go north of certain streets the values change a lot compared to the south side of certain streets and that can be because of zip code.
- Natural boundaries are considered to be parts of an area that has a natural boundary that separates area and values. That can be streets, landmarks, freeways, etc.
âï¿½ï¿½Having this knowledge in your agent is an asset that will and can help you navigate through the process of a real estate transaction.
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