Lofts and Condos Sold – LA Loft Blog Readers Choice

REAL ESTATE NEWS

VIDEO

When considering moving to Downtown Los Angeles, it’s very helpful to know what other home buyers, renters, sellers and investors are thinking and doing. To help reveal that, the L.A. Loft Blog has posted many articles about what readers looked at, clicked on and asked about. So, we know what they are thinking about, but what did they actually do? Where did they actually choose to move to? To answer that question, here’s a list of the most recent ten real estate transactions ( purchases, sales and leases ) recently completed by LA Loft Blog readers: #lofts #sold #dtla | Blog Video

Alta Lofts #604

Rowan Building, #816

Eastern Columbia PH1

Biscuit Company Unit #514

Elleven Lofts #1003

Barker Block Lofts #530

880 W 1st St #412

800 W 1st St #2008

Beacon Lofts #203

Higgins Building #504

Congratulations to L.A. Loft Blog readers! They truly love their lofts and condos. Here’s what they picked — and why:

💘 Jamie just went into escrow with a Fantastic 4-Plex in Highland Park!

💘 Michael B is happy to find a wonderful rental tenant for his Rowan loft with lots of windows and views. His excited new tenant Joe is looking forward to moving in very soon.

💘 James loves his cool, new pad at the Brick Lofts in the Arts District.

💘 John is really enjoying his Higgins Building loft. 💘

💘 Steve recently re-affirmed that he’s been more than satisfied for years with his own Beacon Loft that he’s been renting out to long-term tenants since 2014 — it’s The Bomb!

💘 We’re so sad to see Jennifer move very far away for work, but it was nice and easy to find a buyer for her dazzling high-rise Bunker Hill Tower condo corner unit with floor-to-ceiling windows.

💘 Fortunately, our friends Michael and John, who sold their Promenade West condo unit, didn’t move too awfully far away. We can still visit them at their new pool home in Palm Springs, where they’re enjoying early retirement.

💘 Becca and Steven love the bed area separation of their 2-story Barker Block loft.

💘 Joshua really likes LA LIVE and all of the other fun stuff around the Elleven building, where he leased a cool loft.

💘 Doug was very happy to receive a great tenant for his nice, big Biscuit Company loft with a Downtown skyline view.

💘 Stephen appreciates the 2 levels and large private outdoor space of his Eastern Columbia loft.

💘 Dan also loves his Eastern loft with a very spacious private terrace.

Hope you loved these truly lovely loft and condo success stories as much as we loved helping to make them happen for our beloved Loft Blog readers! — Happy Valentine’s Day to You! 💘

Find out what the home down the street sold for

Get a free list of lofts and condos recently sold. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

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Happy Valentine’s Day 💘 from the Corey Chambers Team – February 2020 Real Estate News

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 Real Estate Market Falls Again

REAL ESTATE NEWS

Urban home prices continue to drop. January 2020 numbers are in, and Downtown L.A. real estate prices have continued to drop again from last year’s already fallen numbers. This decline of 4.3% confirms earlier projections, and portends another down year, an omen of two falling years in a row for Downtown LA real estate. #realestate #losangeles #market

January number of transactions increased slightly to 32, up 2 from last year as a small number of DTLA home owners realize that they want to exit at relatively high prices, potentially to get out before it’s too late. Average days on market increased from 75 last January to 79 this January, so sellers can expect lofts, condos and houses to take about 4 days longer to sell than last year. Median price dropped from $605,000 last Jan to $580,000 this Jan, for a $15,000 loss. The average total also dropped significantly, reinforcing the certainty of declining home prices. Average price per square foot dropped from $703.96 to $621.45. More homes are taking a very long time to sell, as 57% more properties took longer than 90 days to sell, according to data MLS for L.A. areas 23, 42 and 1375. #homeprices #dtla #homeworth | VIDEO

The down figures for January lead the L.A. Loft Blog to re-affirm its projection of another down year for Downtown Los Angeles real estate with an average expected decline of around $23,000 per loft in 2020.

Find out what your neighbor’s loft sold for.

Get a free list of recently sold nearby properties. 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
VIDEO

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. | VIDEO