Downtown Los Angeles Lofts and Condos Just Listed – Property Details, Pros and Cons, Lawsuits

Downtown Los Angeles Lofts Condos Just Listed Video   #DTLA #LOFTS

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New on the market!  #condos

900-w-olympic-1855-industrial-st-1234-wilshire-312-j -- Property Details and Open House Times
900-w-olympic-1855-industrial-st-1234-wilshire-312 — Property Details and Open House Times

Hottest, #JUSTLISTED lofts and condos for sale: Check out the summary VIDEO about the newest, their pros and cons.  Here are also exclusive individual property analysis videos for the newest listings: 510 S Hewitt St #309 VIDEO.  1111 S Grand Ave #616  VIDEO.  900 W Olympic Bl #36B Residences at the Ritz-Carlton LA LIVE – VIDEO.  800 W 1st ST #1601 Luxury high-rise tower with views! VIDEO.  880 W 1st ST #217 Large luxury condos with excellent amenities for a great price per square foot  VIDEO. 312 W 5TH ST #1124 genuine loft by Pershing Square and the Financial District walkable Historic Core VIDEO. 600 W 9TH ST #605 real bedroom and convenient layout, great underground parking spot in the Financial District. Does not have high ceilings 🙁  VIDEO.  600 W 9TH ST #1011 and #203 with balconies, real bedrooms and bathrooms by L.A. Live, Ralph’s, South Park and the Financial District with amenities, parking and great staff. 253 S BROADWAY #208 historic loft with Mills Act property tax savings! VIDEO.   New construction 939 S Broadway #1007 VIDEO and other units by the cool, hip Ace Hotel (Text and call to receive disclosures and instructions before visiting new construction lofts for sale 213-880-9910). 1050 Grand #703 newer but proven quality highrise with high-end amenities. 1155 S Grand AVE #1007 Evo is a high-end condo with excellent amenities and concierge service  VIDEO. 1100 S HOPE ST #908 has a full-size balcony with great view VIDEO.  1855 INDUSTRIAL ST #616 extra large luxury loft with 2 bedrooms and 2 bathrooms VIDEO. 420 S SAN PEDRO ST #214 industrial live/work loft with amenities and great parking under $400,000! VIDEO.  1234 WILSHIRE #312 ( VIDEO ) and #438 modern open space with bedroom doors and amenities.
VIDEO   |   DETAILS   |   LAWSUITS   |   MORE

1155-s-grand-ave-600-w-9th-800-w-1st-st -- Property Details and Open House Times
1155-s-grand-ave-600-w-9th-800-w-1st-st — Property Details and Open House Times

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LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

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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.  |  COMMENT

New Homes Downtown Los Angeles – Metropolis and OceanWide Plaza in Oceans of Trouble?

Corey Chambers SoCal Home Real Estate Newsletter August 2019

READ IT FREE (pdf)

TODAY’S NEWS  —  Construction delays in Los Angeles are common and expected, but the delays are usually only days or weeks at a time, often stemming from the City of Los Angeles big bureaucracy and red tape. This delay is different.  For these two projects, China’s slide into money woes may lead to months, perhaps years of sluggish progress.  #oceanwide

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oceanwide-plaza-metropolis-lawsuits

In an earlier L.A. Loft Blog post, we reported on the delays of the mammoth OceanWide Plaza condominium / hotel / shopping center project that appear to me more serious, and likely rooted in China’s overall economic downturn and resulting monetary problems for associated developers and builders.

Another new luxury tower is also affected: Further along in construction (with three of the four buildings already completed), the super-luxury Metropolis condo complex is also part of the same or similar lawsuit.  The U.S. economy is part of the problem.  Recently, the Metropolis developer has been holding the line, even reversing its planned price hikes, due to the cooling real estate market of Los Angeles.  #metropolis #construction #delay #lawsuit

Los Angeles real estate news websites TheRealDeal.com and ConstructionDive.com report that Webcor sues Greenland for millions in alleged unpaid fees.  In the suit, San Francisco-based Webcor says China-controlled company Greenland is in breach of contract for $9.8 million.

Major construction firm Webcor filed its claim in the form of a mechanic’s lien.  If Webcor is successful, then OceanWide will not be able to complete and sell it’s units without Webcor getting paid first. Check out Vernon Martin’s article with more details about OceanWide Plaza’s troubles:

Financial Trouble at Oceanwide Plaza and the Effect of Chinese Capital Controls on Certain North American Real Estate Markets

For today’s newhomes buyers, the good news is that there’s no need to take chances. Those who are considering purchasing one of these newer high-rise condos may reduce the risk by taking advantage of a Satisfaction Guarantee like the “Love Your Home” guarantee to ensure that they will be happy with their investment for years to come.  Details available at www.LoveYourHomeGuarantee.com.

Get a free list of luxury tower condos and other new homes under construction in Downtown Los Angeles.  Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

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SEARCH LOFTS FOR SALE Affordable | PopularLuxury
Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking

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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.

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