Downtown Los Angeles Real Estate Market Report January 2022

REAL ESTATE NEWS — Urban L.A. real estate prices shot up dramatically at the end of 2021. Is the upward trend continuing in the beginning of 2022?

Statistics show that January 2022 continues the upward trend that was revealed over the last few months. Last month saw a dramatic increase in homes sold, along with a $50,000 gain in price. Homes sold much faster as well.

January 2021: 188 homes sold; Median Days on Market 55; Median Price $544,500
January 2022: 264 homes sold; Median Days on Market 32; Median Price $599,500

Numbers are based on TheMLS statistics for loft neighborhoods around Downtown Los Angeles 23, 42 and 1375 as compared to the same period of the previous year.

HOW MUCH IS YOUR HOME WORTH?

Find out how much your loft, condo or house is worth only. Get a free list of recently sold comparable nearby properties, with photos and details, along with a list of currently active homes for sale. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

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Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, DRE 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.

Metropolitan Lofts Building 315 W 5th St

The Met Lofts in the Historic Core of DTLA

METROPOLITAN LOFTS FOR LEASE | UNLISTED LOFTS | RECENTLY LEASED

Downtown Los Angeles historic loft apartments for lease with rooftop swimming pool and sun deck! Welcome to the historical Metropolitan lofts! This building was designed by renowned architect John Parkinson (Union Station, City Hall, The Coliseum) in 1913. Previously The Los Angeles Public Library, this building is considered one of the finest examples of Beaux Arts Style buildings in Southern California.

The Met loft units retain sought-after character in a glorious building with amenities such as controlled access, roof deck with pool, spa & dog run, game room, fitness room, BBQ grills and laundry service. Awesome Downtown location just across from the Metro station and Pershing Square. Pet friendly! No onsite parking, but plenty of nearby options. The famous rooftop pool deck is being renovated as of January 2021 with completion expected by June 2021. Those looking to own can check out SB Grand across the street at ShyBarry.com.

Get a free list of historic and industrial live/work loft apartments for lease or for sale in Downtown L.A. 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 | PopularLuxury
Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking

Downtown Los Angeles Real Estate Year in Review 2021

Met Lofts by Pershing Square

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, DRE 01889449; MPR Funding Inc NMLS 2000513. 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.