The Verdict · Los Angeles, CA
$2,084–$3,929
real monthly · incl. fees + insurance
4.3★
68 Google reviews
No major red flags
worth watching
A well-rated community where the real cost runs ~$14 over sticker, and there's no standout hazard to plan around.
Looking for renters insurance?
It runs about $14/mo — see what renters insurance in Los Angeles, CA typically costs.
Also worth knowing: Does renters insurance cover earthquakes?
What Residents Say
The honest version — the good and the bad, straight from recent Google reviews of NEXEN Apartments. Reviewer names are shortened for privacy; you can read the full reviews on Google.
“We’ve been living here for about three months (since the end of November), and we genuinely love this building. I often hear friends complain about their leasing offices slow responses, poor communication, maintenance delays. In our case, it’s the complete opposite. The leasing team has been amazin…”
“My two years at Nexen has been a pleasant experience. The building is always clean, well-maintained, and managed with care and attention to detail. Katie is truly outstanding. She’s incredibly kind, responsive, and professional. Any questions or requests are handled quickly, and she genuinely care…”
“I have lived in multiple apartments in the los Angeles area and the property managers (Katie & Michael) at Nexen have been wonderful. They are professional, and present, and they also go the extra mile to ensure the building is maintained, clean, and kept orderly. If any concerns arise they are sol…”
“Living in this apartment has been a wonderful experience. The management and facilities are very well maintained, and the community always feels clean and welcoming. I often see the staff taking great care of the property, and whenever I submit a work order, they respond quickly and kindly. I truly…”
“We love staying at Nexen Apartments! My boyfriend and I were initially skeptical about the change in management, but Katie and Trea have been very helpful. With the addition of new rooftop amenities and the ButterflyMX system, the building feels much safer and more convenient—especially for deliver…”
What reviews flag most
Mined from 5 recent reviews · 68 total on Google. Longer bars mean the topic comes up more often — this is a read on what gets mentioned, not a summary of every review.
On security, the review consensus is consistently positive in reviews — one resident wrote: “Plus a security guard is always present and attentive.”.
2968 W 7th St, Los Angeles, CA 90005
Koreatown
What NEXEN Apartments Really Costs
The sticker rent isn't the whole number. Here's what NEXEN Apartments actually costs each month once required fees, pet rent, and insurance are in — the number the listing sites leave off.
Renters insurance adds ~$14/mo to that total — compare quotes →
Fees Beyond Rent
The additional charges beyond base rent at NEXEN Apartments. Some are monthly, some one-time — all of them shape your real cost of living here.
Required Fees
Application Fee Per Applicant
Charged per applicant.
Safety & Property Crime
For a renter, property crime is what you actually feel day to day — a car broken into overnight, a package lifted off the step, a bike gone from storage, or how the walk from the lot feels after dark. Here's how Los Angeles looks on the theft-related crimes that touch renters most.
These are city-level figures from the FBI's Uniform Crime Reporting program — not block-by-block. Your specific street may run calmer or rougher than the citywide rate.
Los Angeles property crime
2,198
per 100K residents
U.S. avg 1,578 / 100K
Breakdown per 100K residents
U.S. average
The practical takeaways here are the unglamorous ones: park in lit areas, use a parcel locker if the community offers one, and don't leave anything visible in the car. NEXEN Apartments's on-site security (Property manager on site, Gated) helps on the margin.
Source · FBI UCR · Los Angeles · 2024-12 to 2025-11
On-Site Security
Natural Hazards to Plan For
The USGS National Seismic Hazard Model rates the ground beneath NEXEN Apartments as high-hazard for shaking — significant enough that a separate earthquake endorsement is worth pricing alongside a standard renters policy. Flood risk at the address is low, and severe-weather damage of the wind/hail variety would be covered by a baseline policy. The earthquake-specific picture is below.
Flood damage
FEMA's flood-zone classification for this address is low-risk, which means the federal government doesn't expect significant flooding here under typical conditions. A standard renters policy still excludes flood damage, but a separate flood policy is hard to justify economically when the underlying risk is low. The zone label is below for the record.
Source · FEMA NFHL
FEMA Zone X (minimal flood hazard) — Minimal flood risk
Flood insurance optional but inexpensive in this zone.
Zones can change — verify at FEMA Flood Map Service
Earthquake shaking
USGS classifies the ground here as high seismic hazard — at this rating, building codes assume designers planned for significant ground motion. The structure is the landlord's problem; damage to your possessions during a quake is yours alone, and a standard renters policy excludes it. An earthquake endorsement (typically $50–$150 a year for renters) closes that specific gap.
Source · USGS NSHM
High seismic hazard · ground motion 1.09g
A renters earthquake endorsement covers personal property only and runs roughly $50–$150 a year — structural damage is the landlord's responsibility.
Ground motion at ~2% probability over 50 years — the building-code reference level
Severe weather you'd actually claim for
NOAA's severe-weather record for Los Angeles County is on the calmer end of the national distribution — modest activity across most categories. Whatever does happen, your renters policy already covers it (wind, hail, lightning damage to your possessions). The five-year averages are below.
Source · NOAA Storm Events · 5-yr averages for Los Angeles County
The standard renters policy is the right starting point. The gap above is closable with a single endorsement; pricing it as part of a bundled quote is the usual move.
Renters Insurance at NEXEN Apartments
What Affects Your Premium Here
Every building is different. These factors specific to NEXEN Apartments can push your insurance cost up or down:
Gated Community
Gated access reduces theft risk — may qualify for security discount
Security System Issues
1 mention of broken gates, cameras, or locks in reviews
FEMA Flood Zone
Zone X — minimal flood risk
FBI UCR
Property crime rate: 2198/100K (39% above national average)
What You'll Likely Pay
$14
Est. monthly
$170
Est. annual
$13
With discounts/mo
$16
State avg/mo
How Much Coverage Makes Sense
Renters insurance has two main pieces: personal property coverage, which pays to replace your belongings if they're stolen or damaged (furniture, electronics, clothes), and liability coverage, which protects you if someone gets hurt in your unit or you damage someone else's property. Here's what we'd recommend for NEXEN Apartments based on the rent level and building.
Personal Property
What your stuff is worth
If you own less
$25,000
If you own more
$60,000
Liability
Covers accidental harm & lawsuits
Pool on premises — higher liability recommended for accidents at shared amenities
How Carriers Compare for This Area
Not all carriers price the same zip code equally. Here's how the major options stack up near NEXEN Apartments:
| Carrier | Monthly | Annual |
|---|---|---|
| Lemonade | $9/mo | $111/yr |
| USAA | $10/mo | $125/yr |
| State Farm | $14/mo | $167/yr |
| Progressive | $15/mo | $181/yr |
| Safeco | $15/mo | $181/yr |
| Travelers | $16/mo | $195/yr |
| Allstate | $17/mo | $209/yr |
| Nationwide | $17/mo | $209/yr |
| Farmers | $19/mo | $223/yr |
| Liberty Mutual | $21/mo | $251/yr |
Discounts You May Qualify For
Next step
See if you can beat $13/mo
Real quotes show your actual price. Under 60 seconds, no account needed.
Pet Policy
Bringing a pet? Here's what NEXEN Apartments allows, along with the deposits and monthly pet rent to budget for.
One cost the pet fees don't touch: vet bills. Compare pet insurance quotes for your dog or cat in about a minute.
About NEXEN Apartments
Frequently Asked Questions
Does NEXEN Apartments require renters insurance?
How much is renters insurance at NEXEN Apartments?
What will I actually pay per month at NEXEN Apartments?
Does NEXEN Apartments allow pets?
How safe is the area around NEXEN Apartments?
What floor plans does NEXEN Apartments offer?
Is SafeButler affiliated with NEXEN Apartments?
What is SafeButler and how does it work for NEXEN Apartments renters?
Real quotes · under a minute
Ready to lock down coverage at NEXEN Apartments?
I'll line up top carriers side by side — pre-filled for this building so the proof of insurance is one click away.
First rental, or first time buying a policy? Start with our renters insurance guide — what it costs, what it covers, and what landlords can require.
Disclaimer
The information on this page — including rent prices, fees, floor plans, amenities, insurance requirements, and safety data — is collected from publicly available sources and may not reflect the most current details. Apartment communities may update their offerings, policies, and pricing at any time. Always confirm details directly with the leasing office or the community's official website before making any decisions.
SafeButler Inc. strives to ensure that the information on this site is up to date, but we will not be held liable for any delays, inaccuracies, errors, or omissions. This site and all materials contained on it are distributed and provided "as is" and "as available" for use. SafeButler.com makes no representations or warranties of any kind, express or implied, as to the operation of this site or to the information, content, materials, or products included on this site. You expressly agree that your use of this site is at your sole risk.