Angelic horizons – five properties to purchase in Silicon Beach, Los Angeles

Stretching from Playa Vista to Santa Monica, the oceanside suburb of Silicon Beach is one of the hottest property markets in Los Angeles right now. In the wake of tech giants Maker Studios, Tinder, SnapChat, YouTube Space and Hulu setting up base in the area, luxury real estate developers have swooped in to feed increased demand from venture capitalists and newly-minted software engineer millionaires. And while property analysts CoreLogic reports that median new home prices rose 169 per cent between 2013 and 2016, real estate investors will find Los Angeles to be cheaper than tech hot spots San Francisco and New York, giving property values abundant room to grow. Here are our top picks.