Month: March 2023

Posted on

Santee Court Apartments Downtown Los Angeles

Santee Court Apartments and Santee Village condos share quite a few amenities

ASK COREY

Q: Good Afternoon Corey! I’m looking to move in July, so I’m starting to kind of get a sense of what i should be looking for when the time comes. What is your opinion on Santee Court?

A: I can provide you with some information that may help you make a decision. Santee Court is a managed community rental apartment group of 4 buildings out of 7 neighboring “Santee” buildings that share amenities. The other 3 buildings comprise a condominium association called Santee Village, which often has loft condo units for sale and for lease.

Santee Court is a mixed-use development located in the Fashion District of Downtown Los Angeles. It consists of four buildings with a total of 168 loft-style apartments, ranging in size from approximately 500 to 1,200 square feet. The apartments feature open floor plans, high ceilings, and large windows. The complex also has a range of amenities, including a fitness center, rooftop pool and lounge, and a central courtyard with a fountain.

One of the advantages of living in Santee Court is its location. It is situated in the heart of downtown LA, which means that you will have easy access to a wide range of restaurants, bars, and entertainment options. The complex is also located close to several major highways, which makes it convenient for commuters.

However, like any apartment complex, Santee Court has its drawbacks. One of the most significant drawbacks is the cost of living. The rent for apartments in Santee Court is relatively high compared to other areas of Los Angeles. Additionally, parking in downtown LA can be challenging, and Santee Court charges extra for parking spaces. The location can also bring a down side as it is right across the corner from Skid Row.

Overall, Santee Court is a popular choice for those looking to live in downtown Los Angeles due to its location, amenities, and modern loft-style apartments. However, it is essential to consider your budget and parking needs before making a decision. See all types of Santee apartments on the Top Level Tour.

Get a free list of Santee lofts for lease or for sale. 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

Santee courtyard in the Fashion District of Downtown Los Angeles

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Broker CalDRE 01889449. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.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.

Posted on

Shocking Drop in L.A. Property Market: Listings Selling at 300% Slower Rate and Total Volume Crashing – See What’s Happening with Urban Home Prices!

Downtown Los Angeles Real Estate Market Report February 2023

REAL ESTATE NEWS — The urban L.A. property sector continues to drop following 5 months of softening market numbers. February this year brought less than half as many listings sold, as properties take about 300% longer to sell compared to the same period in the previous year. Here are the numbers for Feb.:

2022 saw 63 listings sold; average DOM 40; median DOM 14; median price $540,000; average price $834,000; total volume $53 million

2023 only 28 listings sold; average DOM shot up to 55; median DOM up to 46; median price $600,000; average price $666,000; Total volume dropped to under $19 million.

The real estate market in urban Los Angeles is continuing to decline, with February 2023 showing a significant drop in listings sold and properties taking 300% longer to sell compared to the same period in the previous year. In 2022, there were 63 listings sold with an average of 40 days on the market, while in 2023, only 28 listings were sold with an average of 55 days on the market. Median and average prices also increased in 2023. Statistics based on real estate professionals multiple listing service data for DTLA and nearby loft neighborhoods MLS areas 23, 42 and 1375.

Get a free list of live/work lofts for sale or lease in LA. Fill out the online form:

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Broker CalDRE 01889449. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.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.