Category: New Homes

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AirBNB This Downtown Loft!

URGENT MARKET ALERT !!!

REAL ESTATE NEWS (Los Angeles, CA) — There are very few lofts in Downtown L.A. that are suitable to own and rent out short-term as a vacation rental on websites like AirBNB, VRBO, Booking.com etc Of those few, the best deals go fast, and there are a very tiny number with excellent character, natural light, views and price in the $400,000s. Most lofts and condos in the downtown area cannot be rented out short term due to HOA rules and other restrictions. Only a few valuable exceptions exist. The window of opportunity is open for these excellent, newer conversion lofts with outstanding industrial character that is vital to attract high-paying guests. We know of some pocket listings with rooftop decks and swimming pools. According to our sources, this opportunity may be gone tomorrow. We’ve just been notified that the inventory of these rare income-producing units is almost gone. Last chance! Soon, there will be no amazing lofts at all in this price range. This is literally a once-in-a-lifetime chance that must be taken advantage of today or ASAP!

Request free access to the rare, valuable list of short-term vacation rental income properties for sale in Downtown LA. Fill out the online form:

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TODAY MAY BE THE LAST DAY TO OWN THESE AIRBNB SUITABLE LOFTS!

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, DRE 01889449. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.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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Loft Shortage Downtown Los Angeles Real Estate

REAL ESTATE NEWS (Los Angele, CA) — Just about everything seems to be in short supply these days, including Downtown L.A. lofts, condos and apartments for lease and for sale. Several prospective renters are fighting over a bare selection. In the Arts District, there’s only one large loft for lease under $4,000. It’s on the ground floor. Most renters prefer to be higher up in the building.

While there are plenty of expensive cookie cutter apartments for lease, lofts with character are hard to find. Last week, only 12 lofts were listed for lease. Compare that to 19 lofts listed for sale. Rents are going up. The average downtown renter is now paying $2,994 per month for rent.

Stagflation plays a major hand in the property market today, amid crashy stock markets and rising interest rates. While most markets are cooling off, Downtown LA is heating up as far as price goes. Mostly fueled by inflation, prices are rising even while the overall market is stagnating.

More buyers are showing up to pick up a nice historic loft in May. They’re finding plenty of competition. The high-up condo units are going fast, leaving mostly darker units with no view, or ground floor opportunities that fewer people want. The good deals are going fast. The unadvertised bargains can be found by trying out the Top Level Tour. Big savings on condos with character can also be nabbed by taking advantage of little-known government programs. Get a free list of amazing historic Mills Act lofts for sale. Fill out the online form:

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, DRE 01889449. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.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.