Downtown Los Angeles has some unique attributes that makes it more challenging, as well as more rewarding that surrounding neighborhoods. Here are the top five issues that make DTLA an amazing investment for those in the know, and an anathema to outsiders.
Pocket Listings, Unlisted and Off-Market Properties For Sale – As much as 45% of the best deals on amazing lofts were not on the MLS and not on the internet.
Financing a Commercial or Industrial Loft – A home lender will usually have problems with a loft because most are listed as commercial or industrial.
Lawsuits and Litigation – More than 20% of current and recent listings involved properties that are currently or recently in litigation or lawsuit.
Loser Lofts – High Renter Ratio, homeless in the building, incomplete HOA documentation, developer interference, crime in the building.
Winner Lofts – Superior return on investment, high satisfaction of owners.
R E V E A L E D Free Report reviews 7 Costly Mistakes to Avoid Before Selling Your Home www.BuyerMistakesLA.com Free Recorded Message 1-800-791-4541, ID#1004
JUST SOLD – Knowing what has sold recently is the most reliable way to find out the real value of homes. So it’s no wonder that the most popular page on the LA Loft Blog almost every day is the SOLD page that shares free resources to find out what sold recently, and for how much money properties sold for in Los Angeles. Here’s a list of what lofts and condos sold in Downtown Los Angeles in the past week:
Sold in Downtown Los Angeles
Total Listings: 9
Just Sold in Downtown Los Angeles by all brokers
CLICK HERE to view all the properties or scroll down and view individually.
A new report has just been released which identifies the 6 most common and costly mistakes that homebuyers make when buying a home.
Mortgage regulations have changed significantly over the last few years, making your options wider than ever. Subtle changes in the way you approach mortgage shopping, and even small differences in the way you structure your mortgage, can cost or save you literally thousands of dollars and years of expense.
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DIRECTIONS: Located on Grand Ave between Hope and Pico Blvd
REMARKS: OWNER READY TO MOVE THIS- NOW PRICED AGGRESSIVELY AT $995,000! 1+Den or 2 Bedroom – Options Galore with This Stunning Large Loft Condo! – This is a Newly Remodeled Condo by BAM Design Lab at nearly 1700 SF. Located in the Desirable South Park Area of DTLA at the Hip Elleven Building, No Expense Has Been Spared. This unit is stunning with new hardwood floors & a Sophisticated European Style kitchen remodel with top of the line Miele appliances, imported Italian Cabinetry & Silestone Counters. In the Master Bedroom, there is a Grand Floor to Ceiling Door Entry & the bedroom itself has been upgraded with custom closet systems. Bathrooms have upgraded vanities with Corian & Quartz Counters. Desirable front facing unit with 2 Juliet Balconies & just a short walk away is the thriving LA Live center, future home of the new Whole Foods Market & fabulous restaurants including the popular Bottega Louie. Condo includes a proper laundry room with custom cabinetry. 2 parking & storage!
REMARKS: Great opportunity to own a condo in the heart of downtown. Spacious accommodations with huge balcony. Building has 24 hr security with plenty of amenities including gym, pool, and park-like walking area. Close to shops, Disney Concert Hall and Staples Center. Some cosmetic touches. Easy freeway access. Great opportunity be part of the newly developing LA Downtown urban professional scene.
DIRECTIONS: Grand Avenue at 8th Street in Downtown Los Angeles
REMARKS: The red hot pulse of uber hip South Park beckons with its sleek condo towers and vibrant nightlife and world class entertainment venues nearby. This stunning unit sits at the center of it all, rising like a blaze of glory from the 14th floor of the Sky Lofts. Once past the gorgeous lobby, a story of epic views and fine craftsmanship begin to take shape w this open concept plan. Wood floors and walls of glass allow light to pour into the blended dining & living areas and sleek kitchen with custom cabinets, stainless appliances and stone countertops. The semi-open bedroom is a sumptuous master suite with spa-like bathroom and large walk in closet with shoe rack. Recessed lighting, custom window shades and air ventilation system round out the unit, whilst inside laundry & 2 side-by-side parking spaces add to the niceties of convenience. Moments from gyms, the finest eateries & the up-and-coming Whole Foods Market+newly re-invented The Bloc! Building amenities include gym & 24hr security.
DIRECTIONS: Corner of 9th St and Hope St. Entrance on Hope.
REMARKS: Live/Work Loft in South Park. One of the largest one bedrooms in the complex. Walk in closet, hardwood floors, patio, w/d inside and stainless steel appliances. Very spacious and bright and with a small patio. Walk to LA Live and Bottega Louie. Secure building with doorman, pool, gym and screening room. One parking space included.
DIRECTIONS: Head northeast on S Hill St toward W 9th St, Turn right onto W 9th St, Turn left onto S Broadway.
REMARKS: Loft for Sale at Eastern Columbia. 9th Floor, 1080 SF unit with balcony and huge windows with panoramic views of Staples Center, LA Live, and Downtown. This is your opportunity to live in one of the most coveted addresses downtown and to own a piece of a true Los Angeles landmark. *Assigned Garage Parking Spot *Stainless Steel Appliances w/ Refrigerator *Washer / Dryer in unit. *Satellite TV and Hi-Speed Internet Access. *Luxurious contemporary upgrades and classic period details *Resort-inspired roof-level leisure terrace featuring fitness center, pool, spa, sun deck and outdoor fireplace *Corridors styled with broadloom carpet, pendant lighting and wall sconces *Elegant lobby appointments, including fluted paneling and antiqued mirrors *Landscaped ground-level entry courtyard with fountain
DIRECTIONS: Southwest corner of Wilshire and Bixel
REMARKS: Stunning modern loft w/ spectacular views features 10′ 2″ ceilings, separate elevated loft bedroom with 2 walk-in closets with organizers, stainless steel kitchen appliances, European style cabinetry, granite counters, LG washer/dryer, bamboo floors and 2 RESERVED parking spaces. Amazing 17th floor Sky Deck includes heated infinity pool, elevated spa, cabanas & lounge beds, wet bar, BBQ grill and seated fire pit cove. Other great amenities include state of the art fitness center w/ flat screen TV’s, screening room, business center, guest parking, controlled access and 24-hour attended lobby. Conveniently located near world-class dining, Staples Center, LA Live, 7th at Fig and soon the BLOC and Whole Foods.
DIRECTIONS: At Olympic Blvd & Georgia Street; Just East of the 110 Freeway
REMARKS: 2+ Den or 3 Bedroom at The Residences at Ritz-Carltonl LA Live! Most Desirable View, Northwest Corner has Sweeping 180 Degree Views of Ocean, Mountains & Skyscrapers. This plan also has a desirable Open Concept Kitchen and Oversized Master Suite. Ample size second bedroom with en suite full bath. The kitchen looks out into the living and dining area and includes high end appliances by Gaggenau and top of the line Snaidero Kitchen Cabinetry. Considered to be on of the best plans in the building! Five Star Amenities Include Full Complimentary Breakfast Every Day in the Sky Lounge, Billiard Room, Wine Room, Valet, Concierge, Rooftop Pool, Fitness Center & More! Shown by appointment only.
REMARKS: Beautiful Top Level La Fayette Park Tower Condo with Breathtaking Views!!! Rare 7th floor condo with panoramic views of City skyline and Catalina Island visible on a clear day! House boasts Newer granite counter tops, upgraded mosaic tile backsplash, hard wood floors and newer dual pane windows. Best 1 Bedroom Condo in the neighborhood! Enjoy the Summer swimming in the Rooftop Swimming Pool with 360 degree views! Have fun with friends and family in BBQ and sitting areas on rooftop as well. Exercise in the Gym with views of the Hollywood Hills and Century City. Perfect for professionals that have jobs close by, couples and small families. Close to Downtown L.A., Korea-Town, Mid Wilshire district and Hancock Park. Security on site. Complex is FHA and VA approved!
REMARKS: Amazing corner unit completely renovated with a New York loft vibe. 12 ft ceilings and two walls of windows?incredible light throughout w views of downtown and City Hall. Unit features massive living space plus a one-of-a-kind floor plan. Open concept kitchen, dining and living room alone are bigger than most downtown lofts. Spacious master bedroom opens to a second bedroom/office. Second room can be divided into a separate space (complete with its own entrance and closet) with custom sliding doors from the Sliding Door Company. Unit offers an additional floor-to-ceiling shelved office/storage room off the entry. Tons of storage and closets. Upgrades include: John Boos butcher block island, Murano glass pendant lights, 8×8 ft custom art installation, Caesarstone countertops in kitchen and bath, new kitchen cabinets, 8ft windows w solar shades, stainless steel appliances.Located across from Pershing Square, with views of City Hall and skyscrapers. Steps from the Metro, Spring St, 7th St Restaurant Row. Walk to Grand Park, Ralphs, Staples/LA Live, Little Tokyo. Pet-friendly building with LOW HOA fees! Rooftop patio features 360-degree views with great lounge area, pool, hot tub and landscaping. In-building garage parking!!! 24/7 lobby security and gym.
ROOMS: Bonus,Entry,Living,Study
AMENITIES: Controlled Access,Exercise Room,Gated Community Guard,Pool,Security,Spa
EQUIP: Dishwasher,Dryer,Garbage Disposal,Ice Maker,Microwave,Refrigerator,Vented Exhaust Fan,Washer,Water Line to Refrigerator
AIR: Central
HEAT: Electric
FLOOR: Wood
LAUNDRY:
FIREPL: None
ROOF:
POOL: Association Pool
LAND TYPE: Fee
PARK: Assigned,Parking for Guests – Onsite
TYPE: Condominium,Attached
VIEW TYPE: City Lights
WATERFRONT:
SEC: 24 Hour,Fire Sprinklers,Smoke Detector
FIN: Conventional,Submit
SEWER: In Street,In Street Paid,Paid
POSS:
DISC: CC and R,Historical,Homeowners Association,Planned Development
SZONE:
OCC/SHOW: 24-hr Notice,Appointment Only,Call First,Call LA 1,Do Not Contact Occupant,Listing Agent Accompanies,Other
DIRECTIONS: Wilshire to Grand Ave., enter through 8th St. entrance.
REMARKS: Most sought-after Skyloft luxury loft on the 19th floor facing West with a JAW-DROPPING jetliner views from cities to ocean. Great view of Staple Center. Floor to ceiling glass windows, covered high ceilings with recessed lighting, hardwood floor throughout. Stainless kitchen with large counter space. Large walk-in closets. Two bedrooms completely separated by spacious living room. Full service building with 24 hour security, 2 resident only exclusive underground gated parking, fitness room, lounge, and theater. Walking distance to LA Live, Staple Center, shopping and variety of restaurants. A must see if you are searching for downtown living!
