Build Method Construction is proud to have created a reputation as the preferred choice for remodeling and general contractors across the beautiful city of Santa Monica. This Californian city is far different from so many other cities and neighborhoods that we service, largely because of the high number of rentals here.
Compared with so many other areas in Los Angeles, just 28% of Santa Monica’s residents own the property they live in. The culture here is also vastly different from the likes of Thousand Oaks or Encino, with a much younger, liberal demographic. Those who come to rent in Santa Monica arrive for the beach life, the diversity of the city, and the urban paradise that it presents.
In spite of a young, more hip group of residents, Santa Monica still offers a wonderful location for young families and senior citizens. With low crime rates, high-quality public schools, and a relaxed way of life, there is something here for all kinds of residents. Owing to the high volume of rental properties here, contractors like us have plenty of clients in the Santa Monica area. As renters come and go, modernizations are needed in order to provide the right kind of property for the rental market.
Those who own investment properties often live in some of the nation’s bigger cities and hope to retire or cash in on their properties later on down the line. The average household income here is just under $100k, and the median property price comes in at just under $1,500,000. The average price per month rental is $2,055 here in Santa Monica. A beautiful place to live that very much offers a California lifestyle.