Downtown LA Affordable Artist Lofts – Do they still exist?

Is Downtown Los Angeles now a luxury real estate market?  #affordable #dtla

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Lofts under $400,000 are drying up today just like lofts under $300,000 evaporated a couple years ago.  For renters, the story is similar; DTLA lofts that rented for $2,000 per month a few 141brewery-artwalk-161023-mkyears ago are going for $2,500 today.  A few years ago, $8,000 per month was very pricey for rent in Downtown L.A. yet today, renters are paying upwards of $100,000 per month for rent Downtown.

Affordable Lofts For Sale
Affordable Lofts For Lease

Not too long ago, artists took refuge in Downtown’s decaying buildings for their large size, open space and affordability. Downtown is still a great bastion of art, but, today, the starving artists are being replaced by commercially successful artists.  The struggling painter is forced to move to Lancaster or Bellflower, while the award-winning film maker moves from Beverly Hills to enjoy the new, hip shops and restaurants the Historic Core and Arts District. Regardless of how affordable or expensive the Downtown LA loft, condo and apartment market, there are always some kind of bargains to be found.  It is our job to help find them. Get affordable lofts for sale and for lease. Fill out my online form:

LOFT & CONDO LISTINGS DOWNTOWN LA  [MAP]

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SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $30,000,000
Browse by Building  |  Neighborhood  |  Size  |  Bedrooms  |  Pets  |  Parking  |  More

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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.

Penthouse Lofts Downtown LA Condos, Apartments w/ Uptairs Mezzanine 2 Story, 3 Level

As buyers and renters of Downtown lofts, along with readers of the LA Loft Blog continue to get more refined in their home search, demand rises for penthouses. #dtla #penthouse

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Separated bed area has always been high on the list for loft lovers. Most urbanites are not too keen about having the bed right next to the refrigerator or by the front door. An open loft with a bedroom or multi-level with a bed area upstairs is highly desirable when searching for a loft for sale or for lease. Two-story lofts usually comes with extra high ceilings 15 feet or higher for an expansive, extra lofty feeling of spaciousness.

Penthouses, the units on the top floor of a condominium building, often come with spectacular views and extra high ceilings for more overall cubic feet of open space. They’re more likely to include a mezzanine upstairs bed area along with an outdoor space such as a balcony or upstairs 3rd level private terrace. Because they often come with 2-stories and these extra benefits, they can also come with a higher price tag called a “penthouse premium.”

Get a free list of penthouse Downtown Los Angeles lofts apartments and condominiums. Find out pricing, availability and details. Fill out the online form.

LOFT & CONDO LISTINGS DOWNTOWN LA  [MAP]

button        button (1)        

SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $30,000,000
Browse by Building  |  Neighborhood  |  Size  |  Bedrooms  |  Pets  |  Parking  |  More

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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 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.