Studio City Blog

As of June 1, shortage year rates on water supply and consumption went into effect and will be applied to all of us LADWP customers. Also, sprinkler use is now restricted to Mondays and Thursdays only
This modified water pricing schedule, known as shortage year rates, effectively reduces all LADWP water customers’ water allocations by 15 percent and raises the rate for any water used over and beyond the allocation. For those who don’t know, Shortage year rates are designed to send a strong price signal to customers to conserve water or pay a higher price for excessive water use. It is however good to know that Customers already conserving 15% will not be affected.
LADWP estimates up to 40% of all water consumed by single-family customers is used for outdoor purposes. Therefore Watering with sprinklers will be restricted to only outdoor watering, on Mondays and Thursdays only, in accordance with Phase 3 of the City’s Water Conservation Ordinance. Additionally, hand watering using garden hoses fitted with shut-off nozzle devices is exempted but all forms of outdoor watering are prohibited between the hours of 9:00 a.m. and 4:00 pm.
LADWP services about 1.4 million electric customers and 680,000 water customers in Los Angeles. To help customers save water and money, they do offer numerous rebate programs and incentives for switching to water-efficient devices and tips for easy ways to reduce water use. For more information, on shortage year rates and the prohibited uses of water, go to their website at www.ladwp.com or you can also call their toll-free number 1-800-DIAL DWP.

If you are looking at buying property, it would make excellent business sense to consider investing in Studio City. In fact, doing so will not only save the money you pay on rent, but could get you a nice tax write-off as well. Due to quite a few foreclosures in the area, there are several studio city houses for sale at the moment, making this just the right time for you to give careful thought to looking at the Studio City real estate scenario. Easy access to various shopping malls and other civic amenities, as well as close proximity to Los Angeles makes Studio City property extremely desirable.

When it comes to Studio City real estate, a buyer is spoiled for choices, as there are several types of homes to choose from. There is old and new construction; houses with a touch of history and those with every kind of modern amenity imaginable. If you are more of an ‘open-space’ kind of person, you can choose to see Studio City houses located in the San Fernando Valley or the greenbelt area. On the other hand, if you prefer the security of a community-style residential complex, there are several options that you are sure to find appealing.

In terms of prices, you can get Studio City property starting from $300,000 for a condo consisting of one bedroom and one bathroom. A detached single family dwelling starts right around $1,500,000. Check with a competent Studio City realtor for the most updated listings and prices on available real estate.