“This is a better option than staying in a hotel because, when they come back here, they come home where the laundry is done and the kitchen is stocked,” Caruso said.

Rao of StreetEasy said that while the rents at 8500 Burton Way and Ten Thousand are relatively high for Los Angeles, tenants won’t be looking at competing options within the area but rather at Manhattan and other pricey locales globally as reference points.

“A lot of people who are in these price ranges are not tethered to one city or one location,” Rao said. “And they expect the same level of service wherever they are.”

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