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Originally Posted by Kimmykim
I doubt they live around here. Current going price for indoor plumbing within a mile of the beach here in LA is ~600k... anything extra, like a roof, doors, windows, kitchens, bedrooms, off street parking, are priced accordingly.
You might get 1200 sf in some neighborhoods by the beach for 1.3 if you're lucky.
This is also the worst time of the year to be looking to rent beach property, or to buy. Summer's coming, prices aren't falling.
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I know two people right off hand who have awesome houses (3+ bedrooms each) on the beach in manhattan beach, and their mortgage is around $1700 a month....
I am just saying if you were to buy a $600k house, your mortgage payment would be way less than $4k amonth if you did it all right and had good credit