Tag: Arts District

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Downtown LA Lofts for Lease, Condo Rentals and Apartments For Rent #DTLA #apartments

Renters continue to pour into Downtown Los Angeles.  The L.A. Loft Blog team receives up to 100 calls per day from prospective new Downtowners who are searching for a good deal on a cool Downtown loft, hip condominium or chic apartment with high ceilings, lots of windows and natural light, no carpet, and walkable to restaurants, coffee, shops, bars, pubs, entertainment and Metro transportation.

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The biggest problem for prospective Downtown renters is that most of the best deals are hard to find, and difficult to access.  The most amazing lofts with the lowest rents are often unadvertised, they don’t cooperate with agents, and they have waiting lists, so they don’t always answer the phone. One new well-designed apartment complex in the Arts District is already rented out at 95% capacity before construction is even completed. The rent is as high as $3,000 for around 600 square feet.

Beat Out Other Renters To the Best Deals

It is possible to get access to rental bargains that other renters have no clue about. Most renters are unaware that they can get free assistance from a Downtown rental specialist for many of the best condos in Downtown.  Rather than missing out on the perfect place, renters can even get help with ALL of the rentals, get priority viewings and save hundreds or thousands of dollars on rent. It’s called the L.A. Loft 3-Hour Tour, and is an absolute must for anyone moving to Downtown L.A. from out of town, or those who would like to get three weeks worth of searching done in 3 hours. Check it out at http://www.LALoftTour.com

Get information on the new Garey Building apartments in the Arts District. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN L.A.  [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

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Copyright © 2016 This free information provided courtesy Corey Chambers, Realtor, Realty Source Inc BRE#01889449 We are not associated with the owner or management. For more information, contact (213) 880-99910 or visit LAloftLease.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, seller or renter is already under contract with another broker.

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In Downtown's Arts District, Cash is King as Average Loft Price Approaches $1 Million

Twenty years ago, it was all but abandoned. Only a small band of die-hard artists embraced the area. Now, the Downtown district is on top of the world. According to MLS statistics, the average Arts District loft Recently Sold Price has now surpassed $945,000.

Arts District  |  For Sale  |  For Lease

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Because some of the recently sold comparable loft units in the area were comparatively dark and unattractive, the buyers of today’s brighter, prettier active listings in the creative neighborhood might pay as much as $100,000 above the comps. Because of the big difference in price between the comparable recently sold lofts and the lofts currently for sale, those who need to finance may risk losing out to cash buyers because because lenders are not usually willing to fully fund new loans that are $100,000 above the selling price of recently sold comparable properties in the same building or right across the street.  Cash buyers don’t have that problem because they don’t need an appraisal, and are often willing waive the appraisal contingency, saving the seller from worrying about an appraiser nixing the deal.

Home prices are a growing issue. Knowing what urban real estate recently sold is critical for both buyer and seller to know what to expect as a selling price, and also giving a clue as to what kind of terms might be acceptable. Take a look at the list of recently sold Arts District lofts PDF at arts-district-recently-sold.

Arts District  |  For Sale  |  For Lease

The real estate news this week shows that buyers are getting tired of seeing hundreds of lofts that may or may not match what they are looking for, and risking missing out on just the right loft.  How many great deals on amazing Arts District lofts are we missing?  Get a free list of unlisted lofts, off-market condos and unadvertised apartment bargains in DTLA. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN L.A.  [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

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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.