Downtown Los Angeles Lofts Under $500,000 Top 10 Most Affordable Loft Buildings

Real Estate News ¬†— ¬†Comparing the Lowest Priced Lofts in DTLA

Beacon Lofts Affordable Homes in Arts District / Little Tokyo
Beacon Lofts Affordable Homes in Arts District / Little Tokyo

The L.A. Loft Blog recently reported that Downtown L.A. homes sold at a median price of $619,500 with 42 days on market. Since many buyers need to spend less than that, this post will compare and contrast the lowest priced loft buildings in Downtown LA.   #dtla #realestatenews

TOP 10 PLACES WITH THE BEST DEALS

For those who need to get more for less, there are ten buildings that are most likely to be in the running.  Starting with the best deals, the lowest asking prices and lowest HOA dues, here is a quick comparison of the pros and cons so that prospective Downtowners and investors can find the right match at a glance:

Spacious historic loft with private balcony
Spacious historic loft with private balcony

SB Grand 312 W 5th St – Lowest price per square foot and lowest HOA dues. Popular location by Pershing Square in the Historic Core. Rooftop pool and hot tub spa. 24-hour front desk security concierge. Incomplete financials, lots of chaos and commotion outside, high renter ratio, litter, plumbing issues, lender issues.

Little Tokyo Lofts 420 S San Pedro St – Best deal on a Mills Act historic industrial loft that includes covered parking, free guest parking, swimming pool, hot tub spa, BBQ and 24-hour security of gated complex. Across the street from homeless shelters and tents. Water intrusion. Mental clinic in the building.

Textile Building 315 E 8th St РBeautiful Mills Act historic building with big windows, natural light, views and convenient parking. Rooftop deck. Near Skid Row. Leasing restrictions. Noisy intersection.

Eckardt Building 738 S Los Angeles St РMills Act historic industrial building with all of the amenities and patrolling security guards near lots of shopping and dining. Most affordable units have parking a block away in Skid Row. Water intrusion.

Cornell Building 746 S Los Angeles St РMills Act historic industrial building with all of the amenities and patrolling security guards near lots of shopping and dining. Rooftop BBQ lounge. Most affordable units have parking a block away in Skid Row.

Higgins Building 108 W 2nd St – Beautiful clean, safer neighborhood across from police headquarters, Mills Act historic building has rooftop deck with dramatic up-close skyline views. Restaurants in building. Parking not included. HOA special assessment cost.

Bartlett Building 215 E 7th St –¬†Central walkable location, Mills Act historic building has rooftop deck with dramatic skyline views. Parking not included. Busy, noisy street.

Douglas Building 257 S Spring St – Beautiful Mills Act historic building with distinctive architecture and character. Original brick and amazing original wood floors. Some units include parking in building. Usually nothing for sale.

Beacon Lofts 825 E 4th St – Industrial lofts in the best part of the Arts District across from Little Tokyo Mall, entertainment and large grocery store. Rooftop deck with hot tub spa, outdoor kitchen and skyline views. 2-car tandem parking. Usually nothing for sale.

Beacon Loft For Lease 1900 sq dr
Beacon Loft For Lease 1900 sq dr

Alta Lofts 200 N San Fernando Rd – Bigger, modern industrial lofts with lots of natural light and views, low cost per square foot. Parking and guest parking. Social room and gym. In less-walkable industrial neighborhood, 3 miles to Downtown with increasing traffic.

See the complete list of buildings.

Get a free list of most affordable loft deals in Downtown Los Angeles Lofts. Fill out the online form:

 

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SB Grand leads the most affordable loft buildings in Downtown LA
SB Grand leads the most affordable loft buildings in Downtown LA

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.

Downtown Los Angeles Home Price Premium – 7 Reasons Why Buyers, Renters and Investors Value

Downtown L.A. Home Prices:  Why do homes in Downtown Los Angeles cost over $600,000 on average, while homes in Chicago cost less than $300,000?

Downtown Los Angeles Couple
Downtown Los Angeles Couple

Supply and demand are the primary drivers of prices. There are many reasons why so many people want to live in Southern California neighborhoods:

Rental Income Properties Under $50,000
Rental Income Properties Under $50,000

#1 Nice weather;  #2 Jobs / Economy;  #3 Many things to do; #4 Better Schools; #5 Better Neighbors; #6 Overall growth / Improvement in the neighborhoods. The #7 reason is that SoCal home prices go up faster and steeper than other parts of the USA, making for a much better long-term return on investment.  #dtla #investment

Get a free list of Top 10 Investment Properties in Downtown Los Angeles. Receive FREE Downtown Best Smart Money Property Listings in your email. Fill out the online form:

 

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

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Find out what the home down the street sold for

Beacon Lofts For Lease Arts District Downtown LA
Beacon Lofts For Lease Arts District Downtown LA

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.

HOME SELLERS: Find out how much the home down the street sold for

FREE COMPUTERIZED LIST WITH PICTURES OF AREA HOME SALES AND CURRENT LISTINGS  #homevalue #homeworth #homeprices

Find out what the home down the street sold for

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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.

Downtown Los Angeles Lofts and Condos Lowest HOA Homeowners Association Dues

Homebuyers want a good deal on the home price and ongoing costs. For all homes, including Downtown L.A. lofts and condominiums, monthly expenses are just as important as the purchase price. #lowhoa #dtla

Downtown Los Angeles Lofts with Low HOA Dues
Downtown Los Angeles Lofts with Low HOA Dues
downtown-la-low-hoa-dues-lofts-for-sale-l
Downtown L.A. For Sale Low HOA Dues

With average HOA dues above $500 per month, most home buyers are conscious of homeowners association dues when determining the total value of a home purchase deal. To help find the best deals, here is a list of the lofts and condos with the most cost-effective monthly building maintenance, the lowest HOA dues in Downtown LA today:

312 W 5th St #307 860 sq ft $425,000 HOA $271.00
312 W 5TH ST #603 830 sq ft $475,000 HOA $277.00
330 W 11th ST #704 330 W 11th ST #704 $875,000 HOA $389.69
>> MORE

Free Report: Downtown-los-angeles-lofts-low-hoa (pdf)

Another sure way to save on home expenses is by owning an approved historic loft and getting significant savings on property taxes. Get a free list of Mills Act lofts. Fill out the online form:

Fill out my online form.

LOFT & CONDO LISTINGS DOWNTOWN LA  [MAP]

Lofts For Sale                Map Homes For Sale Los Angeles

SEARCH LOFTS FOR SALE UNDER $500,000  |  $900,000  |   Top Luxury
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Downtown LA Condos with Low Homeowners Association Dues
Downtown LA Condos with Low Homeowners Association Dues

 

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.

Growth and Stability – Downtown Los Angeles Real Estate Market News

Downtown L.A. Homes Sell For More Money, Faster Than One Year Ago

Downtown Los Angeles Real Estate Proves Superior Investment
Downtown Los Angeles Real Estate Proves Superior Investment

REAL ESTATE NEWS ¬†— ¬†Downtown Los Angeles continues to beat most real estate markets in both growth and stability. Compare recent prices, along with days on market, and we can see that prices continue to rise at a desirable pace, while homes sell at a brisk pace. Check out the market report:

In the most recent market (the last 6 months), Downtown L.A. homes sold at a median price of $619,500 with 42 days on market.  #dtla #realestatenews

For the same 6 month period a year ago, the median price for Downtown LA (MLS areas 23,42) was $589,250.  with 55 days on market.

This shows a value growth of $30,250 in 12 months with properties selling 13 days faster.

DTLA has also proven to be superior in down markets, slower to decline in price and faster to recover in price.  While Downtown Los Angeles definitely has its ups and downs, it has proven to be safer than most neighborhoods as a financial investment.

Get a free list of Downtown Top 10 Best Investment Property Listings. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA  [MAP]

Lofts For Sale                Map Homes For Sale Los Angeles

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Downtown Los Angeles Real Estate News - Market Stable and Growing
Downtown Los Angeles Real Estate News – Market Stable and Growing
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.

Sold in Downtown Los Angeles – Lofts and Condos Recently Purchased and Leased: Home Prices

How much did these new Downtowners pay for their lofts, condos and apartments? And how do they like them?   #sold #homes #dtla


NCT LOFTS

It’s so exciting to move into a new loft because they offer so much space for so many possibilities. Lofts are a big box like a 3-dimensional canvas that allows for great creativity and more flexible lifestyle for live/work, entertaining or just relaxing at a very special private space after a long day of work. ¬†This NCT 2-level penthouse was snapped up by an L.A. Loft Blog reader. ¬†The extra large corner unit loft

Enjoying NTC Lofts Downtown Los Angeles
Enjoying NTC Lofts Downtown Los Angeles

with lots of big windows and a real bedroom, all in a genuine historic loft building with a fantastic rooftop deck. Rental #prices range around $2,000 to $6,000 per month for lease.

Alana recently moved into her historic 2-story loft abode, and fell in love with the atmosphere and views.

L.A. Loft blog readers are picky, and they demand an excellent location and exceptional character in a home.  Historic and industrial lofts of Downtown provide that chic, hip style with super practical open floor plans, in great walking areas near shops, restaurants, bars, pubs, entertainment and transportation.   |   LOFTS FOR LEASE

RIVER HOUSE

River House CourtyardDoug Nasr just moved into his 3-bedroom, 2-story condominium unit at River House. He’s enjoying his sparkling new construction townhome with a private balcony and park views next to the revitalizing Los Angeles River and Marsh Park. Best of all, he got wood flooring, and saved thousands of dollars off the price and upgrades by taking advantage of a free home buyer protection program. ¬†River House condos sold for $499,000 to $899,000. ¬† | ¬† NEW HOMES

HOME SELLERS: Find Out What the Loft Down the Street Sold For

 

Find out what homes recently sold around Downtown Los Angeles, and how much the buyers paid for them. Get a free list of area home sales with prices and photos, along with a list of currently available homes 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 UNDER $500,000  |  $900,000  |   Top Luxury
Browse by Building  |  Neighborhood  |  Size  |  Bedrooms  |  Pets  |  Parking

River House new homes with park view by the Los Angeles River

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. Some names may be changed to protect privacy. ¬†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.

Downtown Los Angeles Lofts and Condos – Homes Sold This Week

Asking prices for homes in Los Angeles can be very high, just right or even very low as compared to the SP final sale price. ¬†That’s why it’s necessary to look at the sold price of homes that closed escrow recently in the neighborhood. By seeing what really sold, buyers and sellers can quickly get caught up with what’s happening in the local real estate market, and the real home price and value can be determined. Below is a list of lofts and condominiums that sold this week around Downtown L.A. ¬†#sold #homes #dtla

Sold -- Downtown Los Angeles Home Prices
Sold — Downtown Los Angeles Home Prices

>> MORE

Home Prices ¬†— ¬†sold-dtla-170727 (pdf)

Sold Hones Prices Downtown LA

13 homes sold in the last two weeks with an average time of 56 days on the market and a median sold price of $612,000.

Get a free list of homes that sold recently in the area. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA  [MAP]

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SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $30,000,000
Browse by Building  |  Neighborhood  |  Size  |  Bedrooms  |  Pets  |  Parking  |  More

Downtown Home Sellers

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.