What makes the 90808 zip code popular for renters and investment property owners?
Dustin Edwards • September 18, 2020
A Popular Zip Code for Single Family Rental Homes
We help property owners throughout all of Long Beach and nearby cities such as Lakewood and Huntington Beach, but there is one zip code that we consistently get asked about by tenants and property owners alike and that is the 90808 zip code.
Read on to find out more about what makes the 90808 zip code one of the most popular zip codes in all of Long Beach.
Parks and the Outdoors
When you are in Southern California you want to be able to enjoy the outdoors as much as possible. While the beach is never far away when you live in Long Beach, sometimes you just want to stretch your legs a bit nearby home. One of the reasons the 90808 zip code is popular for both rentals and homeownership is due to the great selection of parks we have readily available.
- Heartwell Park - Heartwell Park is probably best known for the 5.1 mile loop trail that runs along Carson St. The park has much more to offer but on any given day you will find cyclists, walkers, and joggers enjoying the nice trail to take advantage of the great outdoors.
- El Dorado Park West - At 272.5 acres in size it is hard to find what can’t be done in this park. From a full golf course, volleyball courts, softball fields, tennis courts and much more this is one of the most popular parks throughout Long Beach and those in the 90808 get the quickest access with the close proximity to their homes.
Schools
One of the main reasons rentals (and primary residences) are so popular in the 90808 zip code is the quality of schools
at each level of education. From elementary, middle school, and high school you will find that the schools are in the top 20% or even top 10% for California. Having a strong school system in this local area can mean that renters with children may stay for longer rental periods to capitalize on the great education opportunity.
Single Family Home Sizes
We have found that single family homes are consistently one of the most attractive types of properties for rentals. In the 90808 zip code you will typically find 3 bedrooms and 2 bathroom homes that are over 1,100+ sq ft. This configuration is popular and makes it attractive to a wide variety of renters.
There are smaller home floor plans as well, both 2 bedrooms/1 bathroom options and even 3 bedrooms/1 bathroom. These smaller floor plans still are in high demand due to great schools, parks, and the proximity to the freeway. When you are looking for an investment property
in the 90808 these smaller floor plans can be great long term opportunities as they can be expanded to the most popular 3 bedrooms/2 bathroom option.
When you want to find out if you are getting top dollar for your rental in the 90808 we invite you to fill out our Free Rental Analysis or call us today (562) 888-0247 and we will be happy to share more information (or we can even help you find a great home to become a rental).
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Summer is a great time of year where people enjoy a number of outdoor activities. Though for landlords, summer brings with it a list of maintenance items and preventative care for their properties. Below, we’ve gathered three of the most important maintenance items to do before summer starts. Service your HVAC System Southern California summers are getting hotter and hotter, if you want to maintain tenant satisfaction you’ll need to have the HVAC or any A/C or cooling system properly serviced . Filters should be cleaned or replaced, and the ductwork should be inspected. For rentals with window units or mini-split systems should also be thoroughly inspected as well for optimal cooling. Doing proactive maintenance can reduce the risk of the cooling system breaking down during peak usage while also improving the system’s efficiency. This can lower utility costs for your tenants while extending the lifespan of your cooling system, saving you money in the long run. Additionally, consider inspecting your window and door seals for leaks. If the seals are broken, it allows hot air into the living space, this increases the cost associated with cooling while adding more load to the HVAC or cooling system. While not directly a part of the HVAC system, ensuring there aren’t any breaks in the seals helps extend the lifespan of your cooling system which is beneficial to your bottom line. Inspect your Roof The condition of a roof is oftentimes ignored since they tend to last over twenty years, and some property owners may not even be sure when the roof was last replaced . A poorly conditioned roof is one of the primary ways for a rental property to drive up the costs of repairs and tenant complaints. A damaged roof can inefficiently insulate a home, making it harder to keep it cool. It can also lead to water leaks during rainfall, which can lead to water damage, stains, and mold growth. While summers tend to be dry, the coastal cities such as Long Beach may see unexpected shifts in weather, which can bring sudden rainstorms or increased humidity. Fixing a small roof leak is relatively inexpensive, however, leaving said leak to grow can result in an emergency repair can cost thousands especially if a tenant has already moved in. A thorough roof inspection is a great maintenance item to do during a vacancy period especially as this can result in a positive experience with new tenants. This can lead to a long term stay with many lease renewals. Check for Signs of Pests Pest infestations are one of the fastest ways to ruin a tenant’s stay while also damaging a landlord’s reputation. Pests such as ants, cockroaches, other bugs, and rodents are common in many beach cities, especially during the warmer seasons. Being in a city, you’ll likely never truly be rid of pests, though, even a single complaint about an excess of bugs or rodent droppings can lead to bad reviews online, service calls, and in severe cases, lease termination. These pests not only create an unwelcome environment for your tenants, but they can also cause real damage to your investment property. Cockroaches are known to damage small wiring in appliances, ants can ruin food and get in everything, while rodents can chew through walls, plumbing, and even electrical wiring. Landlords should schedule regular ppest inspectionsto check for early signs of pest activity before the hotter season begins. Much like everything in this article, preventative maintenance is significantly cheaper than an emergency call, in this case to an exterminator. If you want to keep your tenants happy and your property well taken care of, preventative maintenance is a must. If you’re unsure about the signs to look for when doing routine inspections or you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .
A Solar Battery is an important party of a solar panel system. However, is it valuable for a rental property? Read on to discover.
As California becomes more and more electric, the idea of installing solar panels becomes more enticing for many landlords. While the initial investment may be quite expensive, there are a few things to consider before making the decision. By keeping these factors in mind, you can greatly reduce the overall cost of installation as well as reduce your operational costs throughout the lifespan of the solar panels. Below, we’ve compiled three considerations you should keep in mind before making your decision to install solar panels on your rental property. Long Term Ownership For landlords whose plan is to own their rental property for a long period of time, a solar energy system can be a strategic investment with long-term benefits. The longer you own a solar panel system, the lower the operational costs can be for your rental property. Unlike a homeowner, who sees their return through their energy bill. A landlord sees their return through lower vacancy rates and higher lease renewals. The initial expense associated with installing solar panels can be offset over time through reduced energy costs, improved property efficiency, and adjusting your property’s rent accordingly. Tenants are quite receptive to features that lower recurring expenses, such as their electricity bill. With so many people working from home, a lower energy bill can result in an improvement in tenant satisfaction , as well as reduced vacancy and turnover rates. The use of solar panels fits well in a long-term investment strategy that focuses on keeping operational costs low and reliable while improving your rental property’s value . Stand Out From the Competition In a competitive rental market, such as in Long Beach, CA. Features such as solar panels can help your property stand out to prospective tenants. Features such as solar panels can increase a rental property’s attractiveness to many tenants, though, specifically environmentally conscious individuals and younger tenants tend to gravitate towards rentals with solar panels more. Properties that are energy efficient appeal to renters who prioritize lower utility bills and more sustainable living conditions. These features may influence a prospective tenant’s decision when choosing between rentals of similar characteristics and space. Additionally, tenants who are interested in sustainability often care for the rental and follow the rules better than others. They are also more likely to opt into lease renewals. This means that solar panels can improve your bottom line through a more consistent monthly rental income due to the reduced vacancy and turnover rates. Your Roof is in Good Shape It goes without saying that your roof needs to be in a structurally sound condition in order to install solar panels. In general, a roof is expected to have a lifespan of twenty to twenty-five years, If your roof still has over fifteen years of proper functionality, it's ideal for installing solar panels without requiring additional costs for repair. If your roof is in good condition and won't require repairs in the foreseeable future, you’re far less likely to face problems that would require you to remove the solar panels temporarily. This can be expensive, which is why it's important you don't properly inspect your roof before making the decision to install solar panels. Installing a solar system on your rental property offers measurable benefits to your bottom line in reducing your vacancies and turnover rates, as well as keeping your rental property competitive in the market. If you’re unsure if your roof is structurally sound to install solar panels or you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .
