Loft For Sale – Page 23

June 15, 2018June 15, 2018

1155 S GRAND Avenue Evo Gives You Wings Above Los Angeles

EVO is an impeccably modern residence rising 24 stories above Downtown LA. Its 311 couture condominiums are the meticulously designed with some of the most advanced architectural building in the city. One of the largest unit in the building offers stunning view from 19th. floor 2 bed, 2 1/2 bath, Bosch Stainless steel appliances, wood floor, modern custom roller shades, Caesarstone counters, laundry room, glass windows through-out, balcony with sitting area and extra storage is included. HOA offers, 24/7 full concierge service, pool, gym, kitchen area with grill for entertainments.Walking distance to LA Live, Staples, Whole Food, many famous restaurants…
#EVO #Loft

People often ask if now is a good time to buy a home, but nobody ever asks whether or not it’s a good time to rent. Regardless, we want to make certain that everyone understands that now is NOT a good time to rent.

The Census Bureau recently released their 2018 first quarter median rent numbers. According to their report, here is a graph showing rent increases from 1988 until today:

When Is a Good Time to Rent? Not Now!

As you can see, rents have steadily increased and are showing no signs of slowing down. If you are faced with making the decision of whether or not you should renew your lease, you might be pleasantly surprised at your ability to buy a home of your own instead.

Bottom Line
One way to protect yourself from rising rents is to lock in your housing expense by buying a home. If you are ready and willing to buy, let’s meet to determine if you are able to today!

Living in Downtown LA is a very appealing prospect for many people in the arts and it rivals the silicon beach for tech start ups looking for an appealing place to call home. Keep an eye out for your perfect Perch by filling out the New Lofts online form.

<a href="https://laloft.wufoo.com/forms/zc5rxg117axh2s/" target="_blank" rel="noopener noreferrer">Fill out my Wufoo form!</a>

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

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.

June 12, 2018

Create a Live/Work Loft Residence Unique to Your Vision in the Heart of Downtown LA Arts District

Gallery Lofts has a live work opportunity that should interest your creative energies. This listing involves a plan to purchase two ground floor loft units with the potential to be combined into one unit. This is your opportunity to create a one-of-a-kind townhouse-like space. Both are currently available for purchase with a vision towards the rare opportunity that this presents. Individually, these units are a fantastic offering to live in or work from in their current condition however these side-by-side units that share a non-load bearing wall which, through a design review process with the HOA, can be opened to create a residence unlike any other in the heart of Downtown LA Arts District. #DTLA

While this property is not part of the Mills Act Tax savings the topic is one of our most popular subjects. Other Loft buildings can qualify for a big Tax savings with the Mills Act. To get a list of those properties Get a free list of Mills Act approved Loft buildings in Downtown Los Angeles. Fill out this online form.

Mills Act participants can realize very fruitful property tax savings each year for recently improved or purchased old properties because the valuation of a Mills Act property is determined by the Income Approach to Value rather and not by the common Market approach to calculating appraised value. The Income Approach, divided by a capitalization rate, gives the assessed value of the property. Generally, the income potential for an owner-occupied residential property is calculated by looking at rental rates for comparable nearby properties, while the income from a commercial property is based on actual rent received. Because rental values vary greatly, the actual Mills Act historic property tax savings may vary. #ArtsDistrict

<a href="https://laloft.wufoo.com/forms/ze1qfwn1rrhoda/" target="_blank" rel="noopener noreferrer">Fill out my Wufoo form!</a>

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

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