Los Angeles Housing Shortage

Inflation is the word on the street of Downtown Los Angeles. Rents are skyrocketing, as rental inventory is getting snatched up by the quickest of renters. Those renters who think there’s no hurry will often find that someone else has just put in an application the previous day. To help renters obtain the most amazing loft and a great deal, here are some IMPORTANT HOME RENTING AND MOVE-IN TIPS:

We’ve heard from some renters lately that they can’t believe how fast some of the lofts, condos and apartments for lease are being rented out. The best deals go quickly. Place your highest and best offer on the very first day of a listing. Call to request a prompt appointment, and submit a lease application quickly to beat out other renters to the best deals. All properties are subject to prior lease without notice. Owners, managers and agents are not always able to provide counter offers, details of competing renter offers or warnings before owner accept competing renter offers. Rent prices and terms are negotiable. Applicants may offer less than the asking rent, but if the prospective renter offers too little, the applicant may lose to another offer.

Most leases and moves entail delays and unexpected miscellaneous expenses. Some transactions fail after incurring expenses for the prospective renter.

Delays are common. Be sure to allow plenty of extra time for moving, and extra money for unanticipated costs.

If unit is equipped with gas appliances, please ensure that the owner has installed a carbon monoxide detector before moving in

For condos, an HOA Home Owners Association move in fee, move out fee and HOA move in security deposit are often required; ask the HOA for details. These are commonly $125 to $250 per move. A move in appointment and information form is required by most HOAs. Contact the HOA well in advance to make move in arrangements.

Electricity may be turned off before or right after your move in. Call DWP to transfer and turn on your electricity early
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SoCal gas
1-800-427-2200

Cable tv is usually
https://www.spectrum.com

Try the L.A. Loft Top Level Tour! More Amazing Lofts, Condos and Apartments For Lease in Los Angeles: Quick, Easy Access | SEARCH FORM |  PAY

Get priority service, assistance and support by taking advantage of LA Loft Blog upgrades. Pay $295 for the Top Level Tour because it also provides professional assistance for all types of properties and all L.A. area neighborhoods.

Top Level Tour gets you: priority service, support, appointments and viewings; access to agent listings and non-agent properties, all property types, all price ranges, all Los Angeles Area neighborhoods; access to unadvertised bargains; negotiation, $600 savings guarantee, 100% satisfaction guarantee.

RENT SEARCH CRITERIA FORM https://laloft.wufoo.com/forms/ra2y3px1wh61je/

Please complete the rent search criteria form, or call us so that we may take down your search criteria. We’ll send you the properties that match what you are looking for, then show you several places 213-880-9910. $295 tour — Pay at one of these two links:

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The Top Level Tour also includes additional research, Loft Blog Premium, exclusive information, photos, and videos, extra showings and early application, if desired.

For any price range right now, see the most lofts with the upgraded tour that covers condo lofts, hard-to-find managed community lofts and unadvertised bargains in Downtown. Get started by paying online. Then, let us know the date and time that you’d like your tour.

Get quick appointment for property viewing tours, call to make an appointment (24 hours notice recommended) 213-880-9910, or email/text the address, unit number, desired date and time by email (48 hours notice recommended). Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

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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.

Los Angeles Real Estate Market Report: Downtown Rent Prices Reveal Stagflation

REAL ESTATE NEWS (Los Angeles, CA) — How’s the real estate market doing? Are prices up or down? Let’s take a look at how leased property statistics of April of 2021 compare to the same month in 2022. The difference is striking, according to real estate professional multiple listing service statistics for Downtown L.A. and nearby loft neighborhoods MLS areas 23, 42 and 1375. Rent prices are up significantly, while the number of transactions is down notably.

April 2021: 109 units leased, Days On Market Avg/Med 67/52, Price Med/Avg $2,694 / $2,904 Total volume $316,565

April 2022: 69 units leased, Days On Market Avg/Med 47/18, Price Med/Avg $2,800 / $2,994 Total volume $206,592

Stagflation is the name of the game in Downtown LA real estate when it comes to properties for lease. The last 30 days saw dramatic increases in price inflation for rental properties, as compared to the same period last year. Inventory has shrunk also.

These figures may reveal the impotence and backfiring of socialist-style mandates and tyrannical policies such as rent stabilization, virus hysteria and lockdown. The market responded to both with very substantial stagnation in the form of a slow down in transactions, yet with serious inflation realized as a sharp increase in costs to renters in the DTLA area. Clearly, there’s nothing stabilizing about government over-reaction and overreach. Along with gold, commodities, quality stocks and blockchain cryptocurrencies, home ownership continues to be among the best protections against stagflation.

Get a free list of lofts for lease. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

  Lofts For Sale     Map Homes For Sale Los Angeles

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

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.