Tag: affordable lofts

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Homes For Sale Downtown Los Angeles – Lofts and Condos Best Deals Under $500,000

Now that the average home price in Downtown Los Angeles has surpassed $600,000 as Downtown becomes an upscale community, finding affordable bargains under $500,000 that are wise investments can be a daunting task for first-time homebuyers and those seeking a better deal without sacrificing and arm and a leg. Today, the L.A. Loft Blog provides a list of the top bargains under $500,000 based on desirability, quality, price, size, location and investment potential. Here are our picks for the best deals:  #dtla #investments

Downtown Los Angeles Eckardt Loft with Balcony Open House
Downtown Los Angeles Eckardt Loft with Balcony Open House

738 S Los Angeles St #302 Nice size balcony, open loft with industrial character, very good bed area separation and great modern kitchen and bathroom.  PHOTOS

420 S San Pedro St #613 6th Floor Little Tokyo with great parking and guest parking.  PHOTOS

100 S Alameda St #142 Real bedroom with patio in prime Arts District location.  PHOTOS

MORE

Get a free list of the Top 10 best investments in Downtown Los Angeles. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA  [MAP]

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SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $30,000,000
Browse by Building  |  Neighborhood  |  Size  |  Bedrooms  |  Pets  |  Parking  |  More

New Homes Los Angeles River For Sale
New Homes on the Los Angeles River For Sale by Downtown L.A.

Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.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.

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First Time Home Buyer Downtown Los Angeles Homes For Sale Lofts and Condos For Sale

Your First Home in Downtown Los Angeles   #firsttimehomebuyer #dtla

Downtown Lofts for First Time Home Buyers
Downtown Lofts for First Time Home Buyers

The L.A. Loft Blog gets information from thousands of buyers, sellers, renters and landlords, along with hundreds of local real estate professionals. Today we’re sharing the proven path to urban home ownership.

Home is Where The Wealth Is

Most who buy a home come to find that it turns out to be the biggest and most successful financial decision they ever made. Compare the average renter situation to the average Downtown Los Angeles homeowner financial outcome:  Renting since 2014 total average loss $88,200 while owning the total average gain is $99,000. The difference in financial outcome is that Downtowner who purchased the average home gained a net worth that is $187,000 higher than the average renter of that 3 year period.

Fears and Facts about buying a first home —  New York Times Bestselling real estate writing team Gary Keller, Dave Jenks and Jay Papasan have cut through the doubt that some first time buyers have. Many think that they cannot afford to buy a home now, while the truth is that many actually cannot afford not to a buy a home now. There is always a home that is affordable that will be a smart purchase. Renters can afford to buy. They need to include the tax deductions when calculating the true cost of ownership as compared to renting that has no tax deduction. The homebuyer must also include appreciation that has been a steady 6% per year in Downtown Los Angeles of the past few years.

Those who believe that they should wait until the real estate market gets better before buying will find that the truth is that there is never a wrong time to buy the right home. Waiting for the right time seldom works to the buyer’s advantage. Trying to time the market for the short term rarely works, and causes the buyer to miss timing for the long term. Equity build-up, value appreciation and tax benefits always make the home purchase the right decision in the long run.

Many believe that they need 20% or more for a down payment, while the truth is that 5% down or sometimes even less is enough. Also, home buyers do not need 700 or 800 credit scores.

Some believe that they should not buy until they can afford their dream home. The truth is that the fist home is the first step to buying a dream home. The best way to get closer to buying a dream home is to buy a first home. The equity gained from the first home is the big financial boost needed to buy a dream home.

Get a free list of Downtown lofts and condos for first time home buyers under $500,000. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA  [MAP]

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SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $30,000,000
Browse by Building  |  Neighborhood  |  Size  |  Bedrooms  |  Pets  |  Parking  |  More

eckardt-302-downtown-los-angeles13
Eckardt Lofts unit #302 modern kitchen, bath and private balcony

Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.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.