Buyers are trying harder than ever to find a great deal on an amazing loft in Downtown Los Angeles lately because there are too many buyers and not enough lofts for sale. #dtla #loft #backonmarket
One often overlooked way to get access to desirable properties is by looking at pending listings, listings on hold, along with active listings under contract. That way, a home buyer can get a sense that other buyers like the property as well. When the property becomes Active again or says Back On Market, the buyer can ask the seller why the property fell out of escrow so that the buyer can decide if that is likely to be a problem for that buyer or perhaps a great fit.
Here is one shining example of an historic loft with Mills Act tax benefits that just fell out of escrow because the first time home buyer may have been skittish of buying in general, thus possibly quite afraid of HVAC (central air conditioning and heat) needing repairs. For this Back on Market Eckardt loft with a nice-sized balcony, the seller has already ordered the HOA-recommended A/C repair company to complete repairs by the end of next week. A more experienced or confident buyer will snap it up, protected by an easy contingency to make sure that the air conditioning gets repaired. Experienced buyers know how to take advantage of minor issues that beginner buyers might feel unsure about.
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Downtown Los Angeles Off-Market Condominiums and Apartments
Now that there are too many buyers chasing too few homes, prospective Downtown buyers and renters are looking for places that will not be immediately snapped up by throngs of greedy international real estate investors. By getting access to lofts and condos that are not visible to the other home buyers and renters, the smart and savvy home shoppers can get a nicer place and a better deal without getting outbid by a competing bidder. Most buyers will miss out out these off-market properties, pocket listings and unlisted lofts for sale and for lease:
Live in a piece of history! Historic Downtown lofts are located in the heart of LA. Constructed in 1895 in the classic Beaux Arts style. Walking distance from Downtown’s best known landmarks: the Million Dollar Theater, the world-famous Bradbury Building, and the revitalized Grand Central Market–host to some of LA’s most popular eateries.
This truly one of a kind penthouse has a desirable floor plan with over 1,300 square feet, two floors, tons of natural light from both sides of the loft, and a private rooftop patio with amazing 360 degrees views of DTLA. Also includes hardwood floors, original exposed brick and concrete walls with expansive double-paned windows, soaring ceilings, kitchen with stainless steel appliances, and gated underground parking. Call for details (213) 880-9910.
Get a free report on how to get priority access to unlisted lofts for sale, pocket listings and off-market condos for sale and for lease. Call (213) 880-9910 or fill out the online form: