More Amenities Does Not Mean Higher Condo Fees
Ask around, and people will tell you to avoid condos with many amenities because they are expensive. Well, this cannot be proven correct. It, however, depends on the size of the condo. If you get a unit from a large condo with many amenities, you might be surprised that it is cheaper than other Los Angeles condos with lesser amenities. What happens is, the management can spread the cost of amenities among the higher population. On the other hand, small prestigious condos with lesser units are more expensive because the population is low.
Location
People live in condos to fulfill their lifestyle desires. This means it should be convenient. How long is it going to take you to your job place from home for example? The perfect condo should be just a few meters from where you want to go on a daily basis.
Demographic
You should be aware of the people in the condo you are eying. This goes down to lifestyle again. If you are a 50-year-old couple who moved from their own home because of various reasons, you do not want to rent a condo full of young couples. …