Tag: artist lofts

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Why is a Painting Worth Three Times as Much as a House? Artist Lofts, Art and Architecture

Architecture vs Art: Why does one sell for more?

REAL ESTATE NEWS

Why did a painting sell for 3X as much as the most expensive home ever sold? #artist #lofts #architecture #davinci #warner

Amazon CEO Jeff Bezos made news when he recently purchased a Beverly Hills mansion for $165 million, setting the record for the most expensive home sold in California. The sprawling estate, originally built for Warner Bros. executive Jack Warner, was sold by media tycoon David Geffen. The 13,000-square-foot mansion, with it’s own nine-hole golf course and gas station, and perhaps could be considered a work of art — so why did it sell for only 1/3 the price of a painting? | Blog Video

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The painting sold in 2017 was created by a person whom many consider to be among the most important creative minds in history, Leonardo da Vinci (1452–1519). Regarded as one of the greatest artists of all time, he is well known for his two other remarkable paintings: The Mona Lisa and The Last Supper. At 26 inches tall, Da Vinci’s third great painting, Salvator Mundi is a painting by the Italian Renaissance artist dated to c. 1500. The builder of the Warner estate was quite proficient to say the lease, but not nearly so notable as eternally celebrated polymath Da Vinci.

While it may take far more expensive resources to make, the estate can be replaced, while the Da Vinci painting cannot. That’s why the painting sold for 300% more than the most expensive home.

Architecture is often considered synonymous with art, and an historic deco sensation like an Eastern Columbia loft usually costs under $2 million. Investing in that kind of masterpiece is genius.

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Historic art deco landmark masterpiece Eastern Columbia Building

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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Brewery Lofts Artwalk October 2016 Lincoln Heights Downtown Los Angeles; Loft Wars

The Brewery Lofts Art Walk Video Tour and Photos  #brewery #artwalk

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Thousands of art admirers and loft lovers gathered to see dozens of exhibits by artists and vendors at The Brewery Lofts in Lincoln Heights. The world’s largest artist loft rental complex, Brewery Lofts is home and workplace to more than 500 artists.  Many of them show their creative wares in an open house art exhibition twice a year. This most recent event saw a great turnout of spectators and art shoppers. Check out the video of the October 2016 event:

Many then headed to the Brewery’s own bar and restaurant called Barbaras at the Brewery for a little after party and celebration of this year’s fun and successful event.  Find a loft in Downtown Los Angeles at www.LALoftTour.com.

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Real  Estate News  —  Loft Wars goes stellar! It has not yet even launched, but the new reality TV series has already gone into warp drive!  Just a tiny mention in the LA Loft Blog and Craigslist, and the number of viewers went mega hyper. It looks like Downtown loft enthusiasts love the idea of an upcoming show about Downtown lofts and the drama and competition of real estate. Lots of people said they are interested in being on the cast and crew.  Check out the new Loft Wars Facebook page at https://www.facebook.com/Loft-Wars-662782313897898/

Copyright © 2016 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, seller 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.