Downtown Los Angeles home prices have stabilized in a normal upward trend for the last couple of years.
The average recent sold home price in DTLA is $724,049 according to MLS statistics. The Arts District stands out with an average recently sold price above $945,000. The average Downtown loft owner has now gained about $300,000 of equity in the last 4 years. Owning a Downtown L.A. home has been recently more profitable than the average full time job in the U.S.
As current and future home buyers struggle to find a good deal, most real estate shoppers are still missing up to 45% of the best deals, which are: unlisted lofts, pocket listings, raw lofts, Mills Act, foreclosures, distressed properties, vacant condos and bank owned homes. Prospective Downtowners can get access to these hard-to-find deals at no cost and no obligation to buy. Fill out the online form:
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Copyright © 2016 This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association, seller or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.