Find Your Dream Loft or Condo in a Tight Market

Biscuit Company Loft In Arts District. Ample amenities like gym, pool, parking

Condo and lofts sales among the highest in 20 years.

Second-quarter sales of Los Angeles Lofts and Condos were up over 130% from a year ago as reported in local trade journals that track sales by the number of properties that close. While it is not hard to imaging beating last year’s sales due to the economic conditions. See our report on this trend from earlier this year here. We did see buyers fleeing the cities to set up homes in smaller cities looking for breathing room for fear of living in close proximity during an airborne pandemic. That move did not last long, there are only so many available homes for sale in smaller states. In a state like Utah prices quickly shot to the moon. The tide appears to be turning back the other way. The appeal of loft and condo living is indeed back in the driver’s seat for home buyers here in Downtown LA and Hollywood. Prices for newly built properties are at record highs.

While demand for Industrial Lofts and Luxury Condos is high the inventory remains tight. Los Angeles is a seller’s market, which means that more people are looking to buy than there are homes available.  This is expected to continue as the supply of properties is in short supply.

This can be good news for a determined buyer who knows what they want and is ready to take the extra steps suggested by their agent. Writing a letter to the seller saved one couple second round of bidding upon a property. “The letter and a picture of our dog moved the seller’s heart to take our offer.” That saved them as much as $10,000 dollars and associated gray hairs.

#Industrial Lofts #Lofts for sale

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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.

Reviews of the Iconic EL DORADO LOFTS 416 S Spring Street Los Angeles, CA 90013

El Dorado Lofts Building

In every respect, this 12-story building grandly depicts an astounding wealth of Southern California-acquired materials and detailing. Green glazed brick clads the exterior, while rich golden tones of Batchelder tiles adorn the interior walls and lobby columns.

In her original life, known as The Hotel Stowell, she was quite successful among early 20th century travelers to downtown Los Angeles. A much-proclaimed venue for local social events, the Hotel Stowell was sold in 1938 and later renamed the El Dorado Hotel.

On-line reviews average 4.5 Stars for the El Dorado Lofts With 80 units and adjacent parking it’s a popular location in DTLA.

Access Scores are great for El Dorado Lofts, walking, transit, and bike riding are all great options for leaving your car behind when venturing out.

Through the efforts of Downtown Properties and many others committed to the renaissance of downtown Los Angeles’ urban core, the historic Old Bank District has become a vibrant neighborhood filled with an ever-growing array of restaurants, theaters, art galleries and shops.

Elegant Twentieth Century Style abounds in El Dorado Lofts. The 12-story terracotta and concrete building with balconies and original arched windows.

El Dorado Units Feature many highend finishes

  • 19th century Solid Wood Doors.
  • Dual Glazed Windows
  • Window Seats or Deep Ledges available in some units
  • Fully Finished and Sound Attenuated Ceilings
  • French Doors or Sliding Glass Doors to Balconies
  • Concrete or Fire Escape-Style Balconies or Landings
  • Engineered Wood Flooring with Cork Underlay.
  • Double-Compartment, Stainless Steel fixtures in the kitchen
  • Granite Countertops, and Appliances in Stainless Steel Finishes
  • Granite Bathroom Vanity Countertops
  • Soaking Tubs with Shower Heads and Ceramic Tile Surrounds (Most Bathrooms)
  • Interior Laundry Areas Pre-Plumbed for Stacked Washers & Dryers

Residents can walk to work in the Financial District or Civic Center as well as, after work, to Little Tokyo, the Disney Concert Hall, Dorothy Chandler Pavilion, Mark Taper Forum, or the Museum of Contemporary Art. South Park, Staples Center, LA Live and the Nokia Theatre are all just a short taxi or subway ride away.

Have you lived in the El Dorado Lofts? Leave your review to share here.

EL DORADO LOFTS FOR SALE   |   FOR LEASE   |   UNLISTED   |   SOLD

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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

El Dorado had balconies a popular feature in Los Angeles Condos and Lofts

Copyright © This free information provided courtesy L.A. Loft Blog with 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 subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.