LOFTS FOR SALE DOWNTOWN LOS ANGELES

LOFT & CONDO LISTINGS DOWNTOWN L.A.  (LARGER MAP)

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There’s never been a greater real estate market in Downtown Los Angeles lofts.  Hundreds of today’s buyers find the free resources of the L.A. Loft Blog to be a perfect starting point to a successful purchase of a Downtown loft or condo.  It costs nothing to use the #1 buyer’s agent team in Downtown.  Lofts and condos in Downtown are virtually sold out, but thanks to exclusive pocket listings (unlisted properties), the smart buyers are able to nab a property before it is ever listed to the public.

GET A FREE HOTLIST OF SECRET LOFTS AND CONDOS IN DOWNTOWN L.A.

There is no charge to buyers for our services. Call Corey at (213) 478-0499 so that our team can find out more about what you are looking for, meet with you for a free buyer consultation, then show you several lofts.  We look forward to helping you get every possible advantage from working with the top Downtown specialist team.

DOWNTOWN LOFT & CONDO LISTINGS:  FOR SALE  |  RENTALS

Corey Chambers, REALTOR® (213) 478-0499
coreychambers@yahoo.com
GET PRIORITY ACCESS TO SECRET, UNLISTED LOFTS IN DOWNTOWN!
http://www.laloftblog.com/

L.A. Loft Blog, Downtown Los Angeles
Corey Chambers L.A. Loft Blog

Corey Chambers L.A. Loft Blog

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BEAT OUT OTHER BUYERS TO GET THE LOFT YOU WANT

BEAT OUT OTHER BUYERS TO HOT NEW LISTINGS

Have you lost an amazing loft by being outbid or out maneuvered by other motivated buyers in the hot Downtown real estate market?  You are not alone.  Others have found the answer, and so can you.  How would you like to block out all of those other competing buyers and lock in an amazing loft for yourself.  It is easier to get the deal if you get the seller to accept your offer when there are no other buyers bidding against you.

Get Hot New Downtown Loft Listings

How To Receive Priority Access To ALL New Listings That Match Your Home Buying Criteria

VIP Buyer Program

VIP Buyer Program

Buyers can register to take part in a buyer profile system that saves them time and money. Get priority access to ALL homes that match your criteria, including Bank Foreclosures, Company Owned Properties and other Distress Sales.

Priority access allows the buyer to get there first before other buyers, so the buyer can negotiate the lowest possible price and the buyer’s time is not wasted viewing homes that don’t interest the buyer.  The best part is that the program is free.  It costs the buyer nothing.

Downtown loft buyers Richard and Alyse joined a VIP buyer program, and they are in escrow right now with an amazing loft with huge windows and bright natural light, resort level amenities with very low HOA dues in one of the most sought after buildings in Downtown Los Angeles because they were able to see the loft before the general public.  They got in to see the loft early, before it was listed, before agents and buyers knew it existed.  They took advantage of the outstanding opportunity and placed an offer immediately.  They got it!!! and they should be getting their keys in a matter of days.

 

 

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NEARLY HALF OF THE BEST DEALS DOWNTOWN ARE POCKET LISTINGS, SECRET, UNLISTED PROPERTIES

NEARLY HALF OF THE BEST DEALS DOWNTOWN ARE POCKET LISTINGS, SECRET,  UNLISTED PROPERTIES

With billions of dollars of new infrastructure and improvements in its historic revitalization and renaissance, Downtown Los Angeles is perhaps the most exciting real estate market in the world.  It is no wonder that inventory of lofts and condos for sale is so low that most prospective buyers and investors fail to find the right deal.  There is simple way to find the most hot deals, secret inventory called “pocket listings.”

GET A FREE HOTLIST OF SECRET LOFTS AND CONDOS IN DOWNTOWN L.A.

Barker Block pocket listings

Barker Block pocket listings

Have you ever wondered why the best Downtown lofts seem to be sold before you see them? Many of those are pocket listings, properties that are shown to privileged buyers before they are listed on the MLS. Some of the best properties sell before they are ever listed. And many properties that sell within the first few days of a listing were already shown to priority buyers privately before the MLS listing was started. These are called “pocket listings.” This secret inventory of unlisted properties is the biggest secret in Downtown Los Angeles, and accounts for a lot more transactions than most people realize. In fact, nearly half of recent buyers bought pocket listings because, with less competition from other buyers, pocket listings not only provide the best chance of a successful transaction, they are the best, most amazing lofts in Downtown. Take a look at some recently sold properties at http://www.laloftsearch.com and know that more than 40% of those were pocket listings. Priority buyers were able to nab them before the general public, other agents and other buyers ever knew they existed.

 

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Alta Lofts Yelp Reviews

Alta Lofts Yelp Reviews

$2595 / 1br – 1700ft² – LOFT RENTALS HUGE LIVE-WORK LOFT FOR LEASE DOWNTOWN L.A. 2-STORY (200 N. San Fernando Rd., Los Angeles, CA)

Alta Lofts 115 Photo Downtown Los Angeles

Alta Lofts 115 Photo Downtown Los Angeles

Loft seekers can save a lot of time by finding out what other buyers and renters think about a particular building before driving to it for themselves.  Alta Lofts has had plenty of activity in the past few months with buyers, sellers, landlords and renters taking advantage of the rising Alta loft values, and loft lovers moving up to bigger and better properties.

The huge 1,700 square foot Alta loft unit 115 has received several offers and will likely be leased within a few days.

In the Alta Yelp review, one Alta loft owner says that he loves the place because of its location by the Metro station and secure parking.  Another Alta homeowner says it is the best investment she could have ever made.  She likes that it is a quiet, spacious and creative place. See the Alta Lofts on Yelp and add your own at: http://www.yelp.com/biz/alta-lofts-los-angeles

GET A FREE HOTLIST OF SECRET LOFTS AND CONDOS IN DOWNTOWN L.A.

Alta Lofts Downtown Los Angeles

Alta Lofts Downtown Los Angeles

ALTA LOFT FOR LEASE

DOWNTOWN LOFT & CONDO:  FOR SALE  |  RENTALS    |  SUBSCRIBE   |  VIDEO
Corey Chambers, REALTOR® (213) 478-049
GET PRIORITY ACCESS TO SECRET, UNLISTED LOFTS IN DOWNTOWN!
L.A. Loft Blog, 200 N. San Fernando Rd., #119, Los Angeles, CA 90031
Corey Chambers, Realtor(R)

Corey Chambers, Realtor(R)

The #1 Downtown buyer’s agent with 19 successful buyer transactions closed in 2013, Corey Chambers is a Realtor®, and member of the Top 6 award-winning, 5-Star Yelp rated team.  J.D. Power Award 2012 – Keller Williams Realty ranked Highest in Overall Satisfaction for Home Buyers and Sellers Among National Full Service Real Estate Firms.  DRE#01889449
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DOWNTOWN LOS ANGELES LOFT DISTRESSED PROPERTY SALES AND FORECLOSURES

DOWNTOWN LOS ANGELES LOFT DISTRESSED PROPERTY SALES AND FORECLOSURES

When Downtown real estate is sold in an urgent manner, often at a loss. Distressed sales often occur at a loss because funds tied up in the asset are needed within a short period of time. The funds from these assets are most often used to pay for debts, medical expenses or other emergencies.  A free list of Downtown distress / foreclosures is available.

GET A FREE HOTLIST OF SECRET LOFTS AND CONDOS IN DOWNTOWN L.A.

How to Buy a Distressed Loft at a Discount Price

Downtown Los Angeles Distressed Property and Foreclosures

Downtown Los Angeles Distressed Property and Foreclosures

A distressed property is one that is under a foreclosure order, short sale or any unusual need for a quick sale often for less than a market rate.

The loft may be damaged or in poor physical condition due to the owner’s precarious financial situation. Distressed properties offer tremendous opportunities for buyers and investors alike.

Buying a distressed home is a terrific opportunity to acquire a property at a discount price. It provides you with the possibility of buying a larger loft than you would have thought possible. Reap a good profit with distressed properties by buying them cheaply, fixing them up at minimum cost and reselling them on the open market.

Downtown Distress Sales and Bank Foreclosures Hotlist

CLICK HERE TO GET YOUR COPY

DOWNTOWN LOFT & CONDO:  FOR SALE  |  RENTALS    |  SUBSCRIBE   |  VIDEO
Corey Chambers, REALTOR® (213) 478-049
GET PRIORITY ACCESS TO SECRET, UNLISTED LOFTS IN DOWNTOWN!
L.A. Loft Blog, 200 N. San Fernando Rd., #119, Los Angeles, CA 90031

Corey Chambers, Realtor(R)

The #1 Downtown buyer’s agent with 19 successful buyer transactions closed in 2013, Corey Chambers is a Realtor®, and member of the Top 6 award-winning, 5-Star Yelp rated team.  J.D. Power Award 2012 – Keller Williams Realty ranked Highest in Overall Satisfaction for Home Buyers and Sellers Among National Full Service Real Estate Firms.  DRE#01889449

 

 

 

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Sell a Loft in Downtown Los Angeles – 10 Most Common Mistakes Made by Home Sellers

Sell a Loft in Downtown Los Angeles:
10 Most Common Mistakes Made by Home Sellers

Market Lofts Seller Mistakes

Market Lofts Seller Mistakes

Downtown Los Angeles offers many advantages and disadvantages to home sellers.  Most Downtown buildings have issues that sellers must address, including answering objections and questions about lawsuits and other common issues in loft buildings.  Every building in Downtown has issues that many buyers are aware of.  Even the most popular buildings such as Market Lofts and Barker Block lofts receive complaints or balking questions from buyers about lawsuits, flooding, broken fire sprinklers, water damages, stains, HOA conflicts, parking problems, safety and health issues for a start.  A seller absolutely must use a Downtown specialist Realtor(R) who is aware of the issues, and is able to answer and overcome objections and increase the value by pointing out the positive sides.

PRICES IN DOWNTOWN  |  FREE, QUICK HOME EVALUATION  |  27 SELLER TIPS

Alta Lofts Offers Rise Faster Than Appraisals

Alta Lofts Offers Rise Faster Than Appraisals

One common problem with selling in Downtown is that offers have been coming in higher than the appraisals.  When an appraisal comes in lower than the offer amount, the deal can often fall through unless it is an all cash offer or the buyer can put down more than 20%.  That is why it is imperative to have an agent who can attract multiple buyers, including cash buyers.

Many loft owners in Downtown make the mistake of using an agent who is a friend or relative and not a Downtown specialist.   Out-of-area agents have the most costly problems.  They cannot show the property as quickly, cannot show it as often and thus are more likely to get lower offers or no offers.  Non-local agents have trouble explaining the positive, valuable points of the buildings and are less able to describe the tantalizing details of the amazing shops, exciting restaurants and entertainment of Downtown.  A Downtown specialist is able to add value to all downtown properties by emotionally communicating the powerful truth about the amazing renaissance of Downtown Los Angeles.

GET A FREE HOTLIST OF SECRET LOFTS AND CONDOS IN DOWNTOWN L.A.

Agents who are not Downtown specialists often are unaware of the special documentation and reports required by the City of Los Angeles, leaving the buyer and seller squabbling over the required L.A. reports.  Most buildings in Downtown require loft lenders or other unique lending requirements. The unfamiliar agents will often fail to take steps to help buyers use the right lender such as a loft lender, litigation lender.  A Downtown specialist agent will help buyers choose a lender who is likely to be successful lending on that building.  The unknowing agent will suggest that the seller accept offers that are too low or with down payments that are too low for the building’s appraisal or lending situation.  The Downtown specialist will know what the appraisal is likely to be, and will suggest to the seller that they require a certain down payment or other terms that will be successful for that building.

Barker Block - All buildings have issues

Barker Block – All Downtown buildings have issues

A mistake that is expected to increase in Downtown is owners failing to sell while prices are high.  Prices have increased by more than $100,000 on the average Downtown loft in the past 2 years.  Some sellers who really want to sell will delay after beginning to feel elated, almost greedy about the future potential gains on the loft.  If a buyer wants to sell, then the most profitable time to sell is when prices are high.  Once prices start to drop, the market can disappear quickly, leaving the seller in a depressing position of waiting for years for the market to recover.  Most real estate professionals in Downtown agree that prices may continue to rise for only a fairly short time before having another 2009 style crisis causes a significant collapse in prices.

Downtowners who love their full-time urban life will likely want to continue it, and may only sell to upgrade to a larger or more central loft.  Those who are less committed to Downtown should take advantage of the opportunity to test the market at no cost and receive offers so that the seller will get a true sense of the real market value.

PRICES IN DOWNTOWN  |  FREE, QUICK HOME EVALUATION  |  27 SELLER TIPS

To find out what your Downtown property is worth, request a free market analysis or contact:

DOWNTOWN LOFT & CONDO:  FOR SALE  |  RENTALS    |  SUBSCRIBE   |  VIDEO
Corey Chambers, REALTOR® (213) 478-049
GET PRIORITY ACCESS TO SECRET, UNLISTED LOFTS IN DOWNTOWN!
L.A. Loft Blog, 200 N. San Fernando Rd., #119, Los Angeles, CA 90031

Corey Chambers, Realtor(R)

The #1 Downtown buyer’s agent with 19 successful buyer transactions closed in 2013, Corey Chambers is a Realtor®, and member of the Top 6 award-winning, 5-Star Yelp rated team.  J.D. Power Award 2012 – Keller Williams Realty ranked Highest in Overall Satisfaction for Home Buyers and Sellers Among National Full Service Real Estate Firms.  DRE#01889449
DOWNTOWN LOFT & CONDO:  FOR SALE  |  RENTALS    |  SUBSCRIBE   |  VIDEO

 

 

 

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Mercantile Lofts 620 S Main St, Los Angeles, CA 90013

Mercantile Loft Rentals 620 S Main St, Los Angeles, CA 90013

MERCANTILE FOR LEASE   |   L.A. LOFT 3-HOUR TOUR

mercantile-lofts-ext

mercantile-lofts-ext

The Mercantile Lofts is a 35-unit boutique quality live-work managed community apartment rental building in the Historic Corey of Downtown Los Angeles. Originally built in 1907 and then converted to oversized luxury lofts in 2011, the building features beaux-arts postmodern architecture with an artful designer lobby and glass curtain wall system.   The Mercantile building blends historic details with a modern look. The building’s vintage features, such as barn-style doors and exposed brick walls, have been preserved, while the building has been outfitted with modern touches. These additions include custom bamboo flooring on some floors, polished concrete flooring on others, stainless-steel appliances and washer-dryer in each unit.  The loft units are bigger than life with 14 foot ceilings, floor-to-ceiling windows and range in size from around 1,400 up to to 2,000 square feet.

• stunning beaux-arts design with urban sophistication
• 1400-2000 sf floor plans with 14 foot ceilings
• in-suite appliance package, including washer-dryer
• floor-to-ceiling windows 

• on-site secure assigned parking
• pets welcome

Mercantile Lofts

Mercantile Lofts

 GET A FREE HOTLIST OF SECRET LOFTS AND CONDOS IN DOWNTOWN L.A.

Mercantile-Lofts-ext-2

Mercantile-Lofts-ext-2

With architectural reminders of its genuine vintage past, the Historic Core has become one of the most sought after neighborhoods of the re-emergent Downtown L.A . Located on Main Street, between 6th and 7th Street, The Mercantile Lofts is central to Downtown’s plentiful restaurants, shops, famous pubs, entertainment and transportation. The Artisan House  bar, restaurant and market delivers food and drinks. Around the corner is Cole’s French Dip, one of the oldest operating restaurants in Los Angeles.  It contains a speakeasy right out of 1920′s prohibition era, now perfectly legal, but with the lingering excitement of its secret past.  The Historic Core is home base for hip urbanites, and it is a pleasant walk to the Arts District, Fashion District, Little Tokyo, Financial and South Park districts.

mercantile-lofts-05

mercantile-lofts-05

The 35 loft apartments at The Mercantile are suitable for live-work use as delightful residential units, creative office space and fashion/showroom space. Each loft unit has access to an optional underground gated parking space.  With their spacious interiors, the lofts are loved by cats and dogs as well. City life combined with genuine modern aesthetic, Mercantile Lofts are a big blank canvas for a creative living expression.

MERCANTILE FOR LEASE   |   L.A. LOFT 3-HOUR TOUR

DOWNTOWN LOFT & CONDO:  FOR SALE  |  RENTALS    |  SUBSCRIBE   |  VIDEO
Corey Chambers, REALTOR® (213) 478-049
GET PRIORITY ACCESS TO SECRET, UNLISTED LOFTS IN DOWNTOWN!
L.A. Loft Blog, 200 N. San Fernando Rd., #119, Los Angeles, CA 90031

Corey Chambers, Realtor(R)

The #1 Downtown buyer’s agent with 19 successful buyer transactions closed in 2013, Corey Chambers is a Realtor®, and member of the Top 6 award-winning, 5-Star Yelp rated team.  J.D. Power Award 2012 – Keller Williams Realty ranked Highest in Overall Satisfaction for Home Buyers and Sellers Among National Full Service Real Estate Firms.  DRE#01889449

 

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River Lofts 2943 Gleneden Street, Los Angeles, CA 90039

River Lofts 2943 Gleneden Street, Los Angeles, CA 90039

River Lofts new construction

River Lofts new construction

Currently under construction in Elysian Valley on the L.A. River between Elysian Park,  Glassell Park and Silver Lake. Get notified of new lofts by registering on the New Loft Interest List.

The new loft project will consist of about 56 condominium units averaging approximately 800 sq ft each, conveniently located near the 5 freeway and Dodger stadium.

Headed by 50 year old Redondo Beach real estate entrepreneur Scott Anastasi, the project is expected to be completed in early 2015.  L.A. Loft Blog readers will have an advantage in staying informed about the project completion and possible early viewings during construction.

River Lofts

River Lofts

River Lofts - New Construction

River Lofts – New Construction

River Lofts - New Lofts Under Construction

River Lofts – New Lofts Under Construction

 

 

 

 

NEW LOFTS IN LOS ANGELES

River Lofts experienced heavy rain during the initial foundation work, but it is now dry, and the large crew is now hard at work building the structure.

L.A. River Lofts

L.A. River, bike path and River Lofts

Landscape design and construction by Glen Dake, a specialist in watershed protection,  documents for 56 homes for-sale on a parcel with 450 feet of Los Angeles River frontage and featuring state of the art watershed-friendly design features.

Construction/Project Manager at Anastasi Construction Larry Lewis says that River Lofts is a challenging 4 over 2 project.

Over a 7 year planning period, the project had to make some minor compromises to address concerns by the neighboring community and the City of Los Angeles as mentioned in this early letter from a community member to the L.A. Planning Commission:

February 7, 2007
(TO:)President Jane Ellison Usher
Los Angeles City Planning Commission
Los Angeles, California
Dear President Usher:
The undersigned members of the community sought to speak at today’s City Planning
Commission heating regarding CPC-2£}BS~6‘796~GPA-EC-ZV-ZAA, the proposed development at 2943 North Gleneden Street. Unfortunately, the Commission could not approve our request to adjust the agenda to accommodate community members. The reason we sought this change was to meet work schedules and school schedules. Since we understand you could not meet this request, we ask that you accept this letter in place of the testimony we would each give. This letter also serves as the formal objection of Elysian Valley United, the only non profit organization that serves the Elysian Valley community.
The undersigned community stakeholders oppose the proposed development at 2943 North Gleneden Street as weil as any and all zoning variances requested pursuant to that
development. The River Lofts project stands as a danger to our community and all of its
residents. As designed it will permamently alter the population, feel and character of our
neighborhood. It will cement a process of gentrification that has been marked by the
displacement of residents who lived in single family rental unit and hence had no protections under Los Angeles City Housing Code. Further, the project destroys the unique residential character that nas long offset a lack of resources for neighborhood residents. Finally, as the first project in our new Commercial Manufacturing Zone, the proposed development sets dangerous precedent in term of both the content and the quality of newly designed housing stock in the Elysian Valley corridor that adjoins the Los Angeles River.
Specifically, the undersigned oppose this project because there is absolutely no affordability component to the development. As designed, almost no neighborhood families could afford to live in these “River Lofts.” Presenting the development as lofts will further discourage families who might consider stretching to make an investment. Next, the proposed development is completely incongruous with existing neighborhood housing stock. The neighborhood consists almost exclusively of single family craftsman or Spanish style homes. The largest apartment complex in the community has eight rental units. That means the River Lofts development is 8 times larger than the largest existing housing unit. And, while models exist for increasing density without altering the development have resisted such ingenuity and have instead developed a project with the ambiance of a residential strip mall. Finally, the development stands to highly impact traffic flow in this heavily traveled part of the neighborhood. The actual volume of cars does not reflect the fact that there are only two ingress and egress points for the approximately 6500 residents in this section of our community.  Read entire document
river-lofts-map

river-lofts-map

So far, there is no word on the features, or whether or not the units will have high ceilings.  Developers are often uncertain themselves about pricing, and if the units will be sold as condos, or if they will be rented as apartments.

Be among the first to see the new River Lofts.  Sign up on the New Loft Interest List:

DOWNTOWN LOFT & CONDO:  FOR SALE  |  RENTALS   |  SUBSCRIBE  |  VIDEO 
.

DOWNTOWN LOFT & CONDO LISTINGS:  FOR SALE  |  RENTALS

Corey Chambers, REALTOR® (213) 478-0499
coreychambers@yahoo.com
GET PRIORITY ACCESS TO SECRET, UNLISTED LOFTS IN DOWNTOWN!
http://www.laloftblog.com/

L.A. Loft Blog, Downtown Los Angeles

 

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