Search Rent to Own Homes near Rancho Palos Verdes, CA

Top 8 Reasons to Live in Rancho Palos Verdes

  • Superb views. Many city homes revel in their unmatched views of the Pacific Ocean and Catalina Island. If a house lacks such spectacular vistas, its occupants can still admire the expansive landscapes from local parks such as Del Cerro or Abalone Cove Shoreline Park.

Check out Rancho Palos Verdes, CA homes for sale that may include: rent to own, foreclosure, HUD, for sale by owner and more

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  • Steady and appreciating home values. Demand for area housing has kept prices relatively steady in the past five years. However, in the 12 months ending January 2014, values jumped by 18.3% to a median $1,130,600. Values are more than double the median in Los Angeles County, which is $457,000. Appreciation is similar, however, at 18.2%. Values in both Rancho Palos Verdes and Los Angeles County are expected to go up by more than 6% in the coming year.
  • Great local dining. Try the Admiral Risty for upscale fare, or step into Catalina Kitchen to experience a local favorite. Yellow Vase Bakery, Cafe & Flowers brings tantalizing breakfasts to your plate.
  • Caring canine community. Among the city's many outdoor spaces for humans, one is set up especially for furry friends. The Rancho Caninos Dog Park features bowls for dogs and water fountains for humans as well as a hand-wash station and areas for small and large breeds. Owners who need help with managing Fido can attend a six-week Pet Manners class.
  • Not too late to buy. Despite the high values and appreciation, it's not too late to get in on real estate because it's a buyer's market. Median list prices are at $1,195,00 but median sale prices are almost 10% lower at $1,088,000. A local search can reveal any rent to own houses.
  • Preserving nature. The locals celebrate nature through the Palos Verdes Nature Preserve, a 1,400-acre refuge ranging from sea caves on the coast to a former quarry marked by cliffs. Visitors can admire native plants on hiking trails in Portuguese Bend Reserve.
  • Film friendly. Beautiful natural scenery and million-dollar homes make perfect locales for blockbuster movies and student films. The city makes filming easy by issuing Application Packets that include permit forms and guidelines. Because residents receive a Notification of Intended Filming, they might get their big break as background actors or by renting their properties to studios.
  • Rent to own homes a better value. Monthly rents have fluctuated over the past five years but have risen almost 28% n the past year to a median $3,450. This is over 80% higher than the median rent in metropolitan Los Angeles, Perhaps that money can be invested in a rent to own opportunity.