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As the second-largest city in the U.S., Los Angeles has many problem neighborhoods—such as Watts, Skid-Row, and Hyde Park. To sell a great house in one of these bad locations can appear to be difficult. And it’s even impossible if your house is not that nice.
If you have been trying, for months, to sell a house in a bad L.A. neighborhood, be encouraged. Somebody in the city wants to buy it. And these useful tips will help you find that buyer.
First-time homebuyers who purchase houses in problem areas of the city usually do so because they can’t afford to live in a better neighborhood. But they still want a nice house. Do what you can to make your home appeal to those buyers. For example, get rid of any old window coverings so the natural light can brighten the rooms. And consider replacing ugly light fixtures with ceiling fans.
Get rid of the clutter by giving it away or storing it out of sight. A cluttered house seems like it’s smaller than it is. Repaint dark walls with the popular shades of gray-toned paint. Give the entire home a good cleaning—especially the floors, bathrooms, and the kitchen.
Overgrown landscaping can make a house look abandoned. So give those bushes and shrubs a good trimming. Fix any broken shutters. And make sure the front door has a fresh coat of paint or urethane.
Have one or more open houses. They are inexpensive and effective ways to advertise locally. If you have your home looking great, visitors will spread the word around the neighborhood.
If you have a neighbor who doesn’t mow their yard regularly, offer to cut their grass until your house sells. And pick up any trash on the street before it can accumulate.
Fully disclose the problems with your house. Doing so helps your credibility with a potential buyer. But don’t forget to emphasize your home’s best features. And it’s helpful to highlight any positive aspects of your neighborhood, such as proximity to a beautiful park.
Help potential buyers more readily see themselves living in the house by doing some simple staging. Store personal items, such as photos, artwork, awards, and other memorabilia, out of sight. Get rid of damaged furniture, and arrange your nicer pieces to accent your home’s appealing features.
If the house is paid for and you can afford to take the risk, owner financing can help you attract a buyer. But be selective about approving a buyer.
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If you’ve been stressing about finding a buyer for your run-down house, relax. We buy property AS IS, and wherever it’s located in the city—no matter how dangerous or undesirable the area.
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This neighborhood may attract people from all over the city to its bustling nightlife. But it is not an attractive place to live. The area has one of the largest homeless populations in the country. The streets smell of urine, and drug usage is rampant.
Known for the Rodney King riots of the early 1990s, even the grandeur of historic buildings can’t make this neighborhood a good place to live. Its property crime rate is nearly twice that of greater L.A., and its violent crime rate is three times that of the rest of the city.
This area is the busy apparel hub of the West Coast. Its population density is about one fifth that of greater Los Angeles. But fewer residents are not enough to make this a popular neighborhood. Failing schools and high rates of crime and unemployment discourage people from moving into the area.
Even great weather and easy access to amenities can’t make up for this neighborhood’s problems. According to areavibes.com, the area fails in such categories as employment, affordable housing, cost of living, and quality of schools. If that’s not enough, the area’s crime rates are high.
The Watts district may be one of the most recognized neighborhoods in the nation—and for all the wrong reasons. It has one of the highest percentages of single-parent households in Los Angeles. Few jobs are available, which has created very high unemployment. While property crime is about the same as the rest of the city, the violent crime rate is three times the average. Add failing schools to that list, and you have an unpopular neighborhood.