As a preview to Downtown’s busy real estate season that begins in earnest on January 2, some 2018 New Year’s homebuyers are coming out early and giving a positive premonition of what is to come. #newlofts #downtownla #dtla
As an example, during the slow period from October 31 to December 26, prospective loft buyers were only interested in the prettiest of places. But, this week, several buyers began giving positive feedback of more challenged lofts such as SB Grand Unit #307 at 312 W 5th St.
The larger, affordable unit receives less natural light than most condos, so it is darker on the inside. The unit has extra open space, high ceilings, upgraded wood flooring and a private balcony. This presents a superior fixer investment opportunity that quickly bumps up in value simply by upgrading the lighting and brightening up the decor interior design. The unit is expected to go from no acceptable offers in several months, to suddenly receiving multiple offers above asking price within a few weeks as the busy home buying season gets started early after the new year in Downtown Los Angeles and extra frenzied home buyers start to come out of the woodwork after holiday distractions are over. Those who want a completely move-in ready loft may prefer a recently upgraded loft or a new loft.
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Even a small, dark, boring basement can be turned into a bright, cheerful perfect living space. Take a look at this video that shows a transformation remodel before and after:
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Copyright © 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.