The key reasons why DTLA is an increasingly valuable place to visit and live are the same reasons why the area is a solid long-term investment. … Over the long term, Downtown condos should remain an ideal investment for many years or decades to come.
Lofts are ideal for anyone looking for expansive, unique space with industrial bones. They’re also perfect for urban dwellers looking to escape small studio apartments. Many loft buildings are light on amenities, from pools to gyms. If you want well-defined spaces and a cozy refuge, lofts aren’t for you.
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It’s no secret that getting a loft is more manageable than selling one. Often, a loft or condo does not sell in the same time frame as a single-family home. When it comes time to sell, you might find yourself hanging onto the loft for a while, depending on how quickly it may sell. When you buy a loft, it is a good idea to ensure you can rent it out in the future. Ask your real estate agent to ensure you are covered in that situation.
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Copyright © This free information provided courtesy L.A. Loft Blog with the information provided by Corey Chambers, Realty Source Inc, DRE 01889449; MPR Funding Inc NMLS 2000513. 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 are subject to prior sale or rental. This is not a solicitation if the buyer or seller is already under contract with another broker.
