Category: home prices

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SOLD Property Prices Downtown Los Angeles

When we hear someone say “I sold my house,” the first thing we want to know is how much it sold for.  #dtla #homeprices #sold

Sold Properties Downtown Los Angeles
Sold Properties Downtown Los Angeles

The L.A. Loft Blog now has SOLD prices!

When determining the value of a home and trying to figure out what it might sell for, buyers and sellers commonly make the mistake of focusing on listed asking price.  That listing price is only a starting point, while the recently sold prices of comparable nearby properties are the correct prices to look at to determine market value and the likely selling price.  Sold prices are the actual amount of money paid by buyers to sellers when the homes closed escrow.

DOWNTOWN LOFT SOLD HOME PRICES:
Affordable  |  Popular  |  Luxury

How much is my home worth?

Find out what the home down the street sold for

Sold prices are what appraisers, banks, lenders, agents and other real estate professionals look at to determine the real value.  Sold prices are the key to determining how much a seller should ask for a property.  In addition to actually asking the seller what price and terms they need, checking the recently sold prices are the only real way to know how much a buyer should offer for a property.  The asking price is an indicator of a possible price ceiling, and the asking price provides a clue as to what the seller expects to get for their home. Asking price can be pie in the sky wishful thinking, while sold price shows how much home buyers actually forked over of their hard-earned money.  The sold prices, also called comparable prices or comps, must be of comparable nearby properties that sold within the last six months. Sold price is the real price for real estate.

FIND OUT WHAT THE HOME DOWN THE STREET SOLD FOR

Get a free list of sold homes with photos, property details and prices in Downtown Los Angeles or any Southern California neighborhood. 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  |  Sold
Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking

Homes Sold in Downtown
Homes Sold in Downtown

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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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 – Beautiful 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 – Mills 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 – Mills 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:

 

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

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.