---
title: "California & US Market View · Tessaic"
description: "Our corporate office is in Santa Monica. Market commentary only. We do not offer co-ownership interests in the United States."
url: https://tessaic.com/markets/california/
---

# California and the US: market view

No co-ownership interest is offered or sold in the United States. Our corporate office is in Santa Monica; this page is market commentary only.

Why California grounds the brand: Santa Monica is where the operating partner's standards for design, build quality, and client care are set; the site's warm editorial look is the look of its home coast; and California holds one of the largest Cambodian communities outside Cambodia, so Tessaic is built for people with a foot in both places.

- Santa Monica values: Santa Monica's median home sale price stood at 1.75 million dollars in October 2025, easing 10.5 percent from a year earlier in a cooling coastal market (Santa Monica Daily Press).
- Westside rental market: Westside Los Angeles apartments ran at roughly 92.6 percent occupancy in mid-2024, with one-bedroom rents around 2,300 to 2,600 dollars a month across 2024-2025 (RentCafe and CoStar data via Santa Monica Daily Press and Apartments.com).
- Five-year appreciation: Santa Monica home prices appreciated about 15 percent across 2018 to 2023, the patient, supply-constrained pattern typical of the coastal Westside (Santa Monica Daily Press).

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Tessaic offers direct fractional co-ownership of specific, identified properties in Cambodia. Tessaic is not a fund, a collective investment scheme, a security, or a managed investment product, and nothing on this site is an offer of, or a solicitation to acquire, any security or investment product in any jurisdiction. No co-ownership interest is offered or sold in the United States. Any rental, occupancy, or price figures shown describe historical, market-level data from the sources cited, are provided for general information only, are not a forecast, and are not a representation or guarantee of any return on any co-ownership interest. Property values and income can fall as well as rise. Co-ownership involves risk, including limited liquidity. Tax treatment depends on your individual circumstances and may change. We do not provide legal, financial, or tax advice. Obtain your own independent advice before acquiring any interest. Full structure, fees, and exit terms are set out in the ownership documents for each property.