Month: November 2019

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2 Story Live Work Lofts

Those who choose to live in the lofts of Downtown Los Angeles tend to seek out creative possibilities for pursuing a fulfilling life with abundant freedom and resources that can only be found in the world’s most powerful urban center.

Academy Award winners, Emmy Award artists, captains of industry and creative entrepreneurs accomplish great things by staying in close contact with successful achievers, among the richest supply of money, materials and other assets that can be drawn from DTLA.  Large spaces with lots of large windows and natural light allow residents to create and produce at the highest level. Two-story lofts provide the soaring high ceilings and bed area separation that helps to recharge creative energy and maximize the imagination for original ideas, especially in the production of artistic works.  #2story #livework #lofts   |   VIDEO

Here are the 2 story live work lofts for sale today  (PDF) :

LP: $1,690,000
DOM: 378
2Beds
Baths  3.00(3F 0T 0H 0Q)
2,647/OTSq Ft
$638.46$/Sq Ft
Lot Size: 18,467/PR
Year Built: 1923
Area: 42
HOA Fee 1&2: $605.00 (Monthly), $0.00 (Monthly)
Subdivision: Not Applicable-C42
MLS #: 318004420IT
2- Story 1,700 Sq Ft Live/Work Loft at Alta Lofts Los Angeles
2 Story 1,700 Sq Ft Live/Work Loft at Alta Lofts Los Angeles

LP: $635,000

DOM: 128
1Beds
Baths  2.00(2F 0T 0H 0Q)
1,700/VNSq Ft
$373.53$/Sq Ft
Lot Size: 63,148/VN
Year Built: 1925
Area: 1375
HOA Fee 1&2: $520.00 (Monthly)
MLS #: 19-485620

LP: $1,049,000

DOM: 96
2Beds
Baths  2.00(1F 0T 1H 0Q)
1,475/ASSq Ft
$728.81$/Sq Ft
Lot Size: 42,526/AS
Year Built: 1923
Area: 42
HOA Fee 1&2: $567.00 (Monthly)
MLS #: 19-496660

https://www.themls.com/Share/YWFhZWdlaGdi

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Get a free list of 2-level live/work lofts in Downtown Los Angeles and lively neighborhoods nearby.  Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

  Lofts For Sale     Map Homes For Sale Los Angeles

SEARCH LOFTS FOR SALE Affordable | Popular | Luxury
Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking

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.

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Real Estate Recession Downtown Los Angeles – October Home Prices Down 4%

Property Market Update  #realestate #market #dtla

Downtown L.A. —  Median home price dropped significantly in October, adding to a weak real estate market for more than a year, and demonstrating a solid three month down slide. The city’s urban center is feeling a real estate recession as nearly all of the numbers prove a slumping market in most every way, including falling home prices, declining number of transactions, smaller total volume and slower speed of sales in Downtown and the surrounding loft communities.

The median home price has slipped from $601,500 for October 2018 to $576,000 for October 2019.  That’s a significant drop of $25,500 for the month as compared to the same month last year.  Total October sales volume is down by more than $4 million. Most sellers now find that they must reduce prices and demonstrate more patience as properties move much slower.  The average home stagnated on the market for 70 days, which is 18 days longer to sell.   |   VIDEO

There’s always a silver lining in every economic storm cloud.  Lower prices bring new opportunities for prospective home owners and investors to get a better deal on an amazing loft, condo or house with lofty character, and with less competition from other home buyers and more motivated sellers.  More condominiums have opened up to FHA/VA 3.5% down and zero down payments. New first-time buyer programs offer lower down payments, as low as 0% to 2% down for moderate income home buyers. That’s good news for those who want to own and grow their wealth instead of facing a future of rising rents.

To further help lift spirits, the L.A. Loft Blog is hosting a special fun event with free virtual reality games in the Arts District. Just free tickets remain for food, fun and games at the world’s first indoor amusement park Two Bit Circus.  The event is for Corey Chambers Team clients, but all readers of the L.A. Loft Blog may request free tickets while supplies last.   |   Facebook   |   VIDEO

Get a free list of FHA, VA and low down payment lofts. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

  Lofts For Sale     Map Homes For Sale Los Angeles

SEARCH LOFTS FOR SALE Affordable | Popular | Luxury
Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking

 

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.   |   PDF 2018   PDF 2019 market-oct-2018-p market-oct-2019-p