Los Angeles Real Estate – Page 19

200 N San Fernando — Live Work Buildings in LA

Local researchers have figured out how to improve water-quality and increase water-supply for Los Angeles. Climate change will not be kind to Southern California. An increase in long droughts, more floods, and more warm temperatures all will hamper development with more water when we don’t want it, and less water when we do, Planners and researchers agree that this plan is a necessary step towards realizing 100% locally-sourced water for L.A. County by 2050. Los Angeles is sitting on an aquifer goldmine, that is soil that can soak up water and store it in the ground for later use. The long term plan depends on the ability to capture rain water and treated waste water in a system of Spreading Grounds in order to make the ambitious long term goal of sourcing all our water from this and a variety of local sources. #Lofts

This important work in water resources will help ensure Los Angeles continues to be a vital city to live and work. Speaking of living and working in LA you can combine the two activities with Live-work lofts which are all the rage because of their popular open architecture, industrial style and character that are considered hip and modern when the kitchen and bathrooms are updated with stainless appliances and granite countertops. Many renters and buyers of lofts use live work lofts almost exclusively for residential purposes. Many others are using lofts for creative work such as photography, painting, graphic arts or music. Musicians need know that live music cannot be played loudly in any residential or live-work buildings in Downtown Los Angeles. Heavy industrial, construction and other loud noisy work is also generally not acceptable in any Downtown Los Angeles live/work building. #DTLA

In Downtown Los Angeles, there are exceptions to many of the rules. All buildings will vary on what type of work they will allow, how many customers may visit etc. None of the live/work lofts will let you have a cash register in your unit with a line coming out of the door. But even the residential properties will let you have a business client or two come every day for consultations etc. To help you navigate the live work options get a buyer consultation fill out the online form.

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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.

Real Estate News Downtown Los Angeles and Nearby Communities

The new condos on the LA River are now more than 50% sold. #lariver #newhomes

New Homes For Sale Los Angeles River Condos – More than 50% Sold

There are 3 units remaining under $500,000 and 2 of those are facing the river near Downtown Los Angeles. Get on the New Homes Interest List or see how to compare new home purchase to resale at www.NewHomesLA.com.

Homes For Sale Los Angeles River – Moving In

The two new condo units priced at around $499,000 are expected to be sold quickly, likely within the next week or two. Over 50% sold means that the project is a success and the buyer can use nearly any lender because the home loan mortgage companies now recognize that the development is not likely to fail, and there is little or risk involved now that the condos have achieved triumphant progress.

River Single Family Homes Los Angeles — New single family homes and duplex houses by the Los Angeles River. Phase 1 Sold Out.

Across the river, the other new development, single family homes and duplex houses on the north side of the Los Angeles River have sold out the first phase. The model home is now for sale, and the newest phase is expected to start selling sparkling newly built houses in the next few months with prices starting in the high $600,000s.

In addition to the relatively small number of traditional new condos and houses, the bulk of new homes in the area are the thousands of new construction high-rise condominium units for sale in the tower buildings that are popping up in Downtown’s newer South Park district.

OceanWide Plaza, Circa and other new highrise residences Downtown LA — New highrise residences Downtown LA

The L.A. Loft Blog recently reported that some of the highrise buildings are uniquely positioned, while others are at risk as they may represent a potential glut due to the large number of cookie-cutter new-highrise developments with large numbers of units that the builders will need to try to sell in order to be profitable. Some modern condo owners such as those at nearby Evo, Luma and Elleven buildings have already started to panic, causing a softening of South Park modern loft prices, due to the coming throngs of brand new condo units for sale in the South Park district neighborhood of Downtown Los Angeles.

Get a list and priority access to new homes under construction, along with new build homes that are ready for move-in. Fill out the online form:

<a href="https://laloft.wufoo.com/forms/z809dha1yg6zro/" target="_blank" rel="noopener noreferrer">Fill out my Wufoo form!</a>

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]