These fresh loft listings include units a Little Tokyo Loft with lots of natural light; and a loft in the amazing El Dorado building in the Historic Core: BEST PRICED UNIT! SELLER is giving 1 full year HOA’s with full price OFFER! Timeless elegance blending with modern living is the epitome of the El Dorado Lofts. Described in 1914 by the L.A. Times as a magnificent hostelry with a striking faade and metropolitan conveniences built by local capitalist and financier, N. W. Stowell. In addition to the grand exterior of green glazed brick and the rich golden tones of original Batchelder tiles which adorn the interior walls and lobby, this building is truly a historical gem. This large 1 bed / 1 bath smartly designed open space includes wood flooring, exposed concrete walls / beams upgraded lighting, state of the art kitchen with granite counters, stainless steel appliances and custom subway bathroom tiles. Add the Mills Act Property Tax Savings (average 65% savings over non historic), location in the Heart of DTLA with only 6 units per floor, record low interest rates : more than a few reasons to take a peek. | DETAILS #losangeles #loft #forsale | Blog Video
Here’s a list of the Top 20 Los Angeles lofts that are new on the market.
Here’s the 1924 original brick retail storefront / warehouse / industrial live/work loft building that you’ve always wanted in Downtown Los Angeles, 5,680 sq ft 3 bed 3 bath $1,749,000. | DETAILS
REAL ESTATE NEWS — The Con Man Comes Again #drewdonovan
The next time a wealthy, charismatic gentleman offers to pay your bills, gift you a car or house, alarm bells in your head should ring loud and clear. Drew Donovan is out of jail, and back on the prowl in West Los Angeles. His latest victims are surveying the damage — substantial losses upwards of $50,000 or more. A full-time career criminal with conspiring accomplices, the convicted felon has spent his life bilking hundreds of individuals and businesses out of millions of dollars. With a cheerful smile and earnest demeanor, the slick professional employs his well-honed skills to separate unsuspecting marks from their money and credit cards to the tune of tens of thousands of dollars per sucker. #conman #fraudster | Blog Video
Some of Donovan’s most recent pawns have included seniors with disabilities, women with young children and sophisticated elderly ladies, taken by the charlatan’s convincing charm and highly polished skills of deception. In most cases, the swindler presents himself as a helpful wealthy benefactor, handing out generous fake checks that bounce, offering to pay bills using phony phone payments, and endowing his targets with simulated “gifts” that end up as big fat goose eggs, returned unpaid weeks later. To lend an air of legitimacy, the skilled scammer sometimes uses the aura of real estate and financial trappings, such as oblivious bankers and unaware agents, as tools for his fraud set-up. Now over 50, the creep is still spending his ill-gotten gains on his depraved lifestyle of sex and drugs.
Donovan, sometimes spelled Donavon, is currently on the loose again, and has recently been swindling innocents in the past few weeks, around West L.A. Brentwood and Beverly Hills area. The public is asked to report any sightings of the criminal to the police and also to the L.A. Loft Blog at news@laloftblog.com
Homeless To Move Into Luxury Hotels
Apparently, the $3 billion per year spent on less-than-effective homeless programs by the City of Los Angeles is just a start. Now that we have corona-panic, it’s time to go totally A-Luxe and put homeless into super luxury hotels, according to a report by ABC News. The city will pick up the tab for hundreds of millions of dollars, perhaps closer to a billion dollars (what a steal!) to give the homeless the fine services that they deserve. Meanwhile, tent cities, pop-up junkyards and derelict motorhome parks continue to sprawl across Los Angeles sidewalks and streets.
Project Roomkey is a collaborative effort by the State, County and the Los Angeles Homeless Services Authority (LAHSA) to secure hotel and motel rooms for vulnerable people experiencing homelessness. It provides a way for people who don’t have a home to stay inside to prevent the spread of COVID-19.
LAHSA apparently did not get the memo from doctors who now say that corona is flu, and spreads more indoors. It’s not clear how much additional funds will be spent to treat the staff and guests who come into contact with more viruses. Not surprisingly, some hotels have been reluctant to participate in Project Roomkey. While it might be just the thing for some travel hotels that are empty, luxury hotels are unlikely to take part in a corona-related program that will chase away profitable fat-cat guests. The city council just voted to smear the names of hotels who refuse to take part in the program. Now the council is considering possibly taking over the hotels by force. Of course, homeless are exempt from many laws in L.A. It’s also not clear on whether homeless will be eager to follow rules, such as no guests and no leaving the room except for essential services. No word on whether the program includes room service. #homeless #luxury #hotel