Downtown Los Angeles has some unique attributes that makes it more challenging, as well as more rewarding that surrounding neighborhoods. Â Here are the top five issues that make DTLA an amazing investment for those in the know, and an anathema to outsiders.
Pocket Listings, Unlisted and Off-Market Properties For Sale – As much as 45% of the best deals on amazing lofts were not on the MLS and not on the internet.
Financing a Commercial or Industrial Loft – A home lender will usually have problems with a loft because most are listed as commercial or industrial.
Lawsuits and Litigation – More than 20% of current and recent listings involved properties that are currently or recently in litigation or lawsuit.
Loser Lofts – High Renter Ratio, homeless in the building, incomplete HOA documentation, developer interference, crime in the building.
Winner Lofts – Superior return on investment, high satisfaction of owners.
LOFTÂ & CONDO LISTINGS DOWNTOWN L.A. Â [MAP]
SEARCH LOFTS FOR SALEÂ UNDER $400,000Â | Â $800,000, Â | Â Â $30,000,000
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