Downtown Los Angeles Lofts For Sale – How to find the best deals

Best Deals in Condominiums in Downtown L.A.   #dtla #bestdeals #homes

The best deals go quickly. That’s why smart home buyers know how to look for special deals that offer better homes, more amazing lofts, at lower prices and with higher profit potential.

New Home Los Angeles
New Homes Los Angeles

Best Deal Types

New Construction Homes – New build homes are often a better deal because they are newer, latest technology and highest construction quality, at very competitive prices.

Mills Act Homes – The state of California, along with counties and cities provide a big discount on property taxes to owners of qualified historic lofts and buildings.

Distress Sale – When a seller needs to sell quickly for any reason, or when the seller is having difficulty selling due to physical or legal condition of the property, it opesn up the possibility of better negotiating power for the buyer, and a lower price.

Bank Owned – When a homeowner can’t pay the mortgage on time, the bank takes over the property and sells it for whatever the market will bear, often at a low price.

For Sale By Owner ( FSBO ) – Some owners prefer to sell their home themselves rather than using a listing agent. This can create a great opportunity for buyers to negotiate a lower price.

Expired – When a home is listed for sale but does not sell, it creates an opportunity to offer a lower price.

Foreclosures – When home was not paid for on time, the property is taken over by another party, who often sells it quickly at a lower price.

REO – Real Estate Owned is a class of property owned by a lender, typically a bank, government agency, or government loan insurer, after an unsuccessful sale at a foreclosure auction.

Company Owned – Refers to a bank-owned property that is taken over due to a foreclosure or similar action.

Estate Sale – When a homeowner passes away, the family or other heirs inherit and sell the property to distribute to the funds fairly to the new owners.

Probate Sale – When a homeowner dies without a proper trust, a judge must oversee the transfer and sale of the property.

In Escrow – Many prospective home buyers give up when they hear that a desirable property is already in escrow with another buyer. Rather than giving up, the buyer can and should take steps to be an official back-up buyer.

Under Contract – A residential purchase agreement has already been signed, but the agreement may be canceled. Buyers can put in a back-up offer to take advantage of canceled contracts.

On Hold – The seller has decided not to sell the property for a certain period of time. The seller is likely making preparations to sell, and smart buyers will place an offer and then follow up frequently to get a great deal.

Vacant – Nobody is living at the property, so the seller could be paying mortgage and losing a lot of money. The seller might drop the price drastically, giving the buyer an excellent deal.

Divorce SaleDivorce Sale – One of the fastest growing deal types, divorces are commonplace in Southern California, and create an opportunity where the property must sell more quickly, often at a lower price.

Auction – The property sells to the highest bidder, often at a below-market price.  The auction process is often used for unsold new homes, foreclosures and bank-owned homes.

Pre-auction – When a home owner is late in mortgage payments, the property gets listed as a pre-auction. Most auction listings are actually pre-auctions that will never go to auction, but offer a great chance to put in a profitable offer to the owner even if the unit is not listed for sale.

Pre-foreclosure – Before going into foreclosure, the property owner is often open to considering unsolicited offers, an excellent opportunity for savvy home buyers.

Raw Lofts – Loft developers sometimes do not complete every unit in a loft conversion development. These raw lofts often sell at a lower price similar to other unfinished construction homes.

Off Market – Any property that is not listed on the MLS as Active is an off-market property.  These reduced-visibility listings and unlisted homes offer superior opportunities to get a lower price when other buyers do not see them.

Private Listings – Some home sellers do not want the general public to know that they are selling their home, so the seller chooses to keep the listing private and only offer to show it to buyers who are qualified.

Pocket ListingUnlisted – Properties that are not listed on the real estate professional’s MLS Multiple Listing Service.  With less competition, buyers can get a better deal and an easier negotiating process.

Pocket Listings – When a listing agent does not make the property information available to all other agents, the buyer can often get a better deal due to reduced competition.

Need To Sell Now – Homes that need to be sold immediately provide an excellent deal for buyers who are fully prepared and ready to grab a bargain.

Short Sales – When a home seller owes more than the property is worth, the seller can sell the property with the lender’s permission in a short sale.  Short sales take longer and require twice as much negotiations, with the seller and also with the seller’s lender.

Unclaimed Homes – Any home that has not yet closed escrow can present a super deal for the buyer when the buyer implements superior search, bargaining and negotiating strategies.

Get a free list of distress sale deals.  Fill out the online form:

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New High-rise Condominiums For Sale
New High-rise Condominiums For Sale

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.

Downtown Los Angeles Homes For Sale Best Loft and Condos Deals in DTLA

Downtown Los Angeles Homes For  –  Sale Best Loft and Condos Deals in DTLA

Live/Work Loft with Private Balcony $455,000 Open House Sun. 12-2 pm

Open House Sunday May 7 12:00 PM to 2:00 PM

Historic industrial live/work loft 810 sq ft with private balcony. Open space with high ceilings. Hip urban character. Separated bed area. Upgraded ceiling lighting. Modern kitchen and bathroom. Concrete floors. Parking in maple avenue lot with free evening shuttle. Qualifies for Mills Act tax benefits. The Eckardt Building residents enjoy Santee Village amenities including swimming pool, hot tub spa, rooftop sun deck, fitness center gym, food court, wine market. In the middle of the action walkable to countless shops, restaurants, coffee, bars, pubs, entertainment and and transportation. Call Corey (213) 880-9910.  DETAILS    #balcony #dtla

Corey Chambers
Your Home Sold GUARANTEED or I’ll Buy It*

No Gimmicks! For information on my exclusive Guaranteed Sale Program, order a Free Report by visiting www.GuaranteedSaleSoCal.com

4 Big Reasons to Call the Chambers Team to Sell Your Home:

#1 We’ll Get You More Money – Chambers Team gets you 2.2% more of the asking price
#2 We’ll Sell Your Home Faster – Chambers Team sells homes 44% faster
#3 More Likely to Sell – Chambers Team homes are 16% more likely to sell
#4 We’ve got more than 4,700 buyers in our Data Base looking for a home
To find out how much you can sell your home for and how long it will take, call Corey at (213) 880-9910

*seller and Corey must agree on price and time of possession. Realty Source Inc BRE#01889449

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Lofts with all of the amenities and private outdoor space

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.

Homes For Sale and Lease Downtown Los Angeles – Lofts, Condos and Apartments Best Deals

Prospective new Downtowners have been asking a lot of questions lately about how high the prices might get, and when they might fall.  Unfortunately, history has shown us that, while prices fall a bit quite frequently, they only fall a lot very rarely.  Prices almost never fall during the times that many expect them to.  Fortunately, there are ways to save money during any market. Here are some of them:   #distresssale #dtla

New Homes For Sale Los Angeles
New Homes For Sale Los Angeles

Foreclosures – Not many these days because the real estate market is too hot.
Raw Lofts – Save money by putting your own finishig touches on incomplete lofts.
Distress Sale – Sellers somestimes get into hot water, and the buyer benefits.
Bank Owned – When a seller or developer is hemorrhaging money, the bank takes over.
Company Owned – Similar to a bank owned, but a company takes over instead.
REO – A common type of foreclosure
Auction – When a seller really wants to sell fast, an auction gets it done fast.
New Homes – Shiny homes with no problems but sellers are motivated to sell ’em fast.
Vacant Homes – Sellers often reduce the price on vacant homes because they need to sell.
100-Year Lease Houses – Seller of new homes can give a lower price when land is cheap.
Off-Market Properties – Homes that are expired, on hold, or canceled listings
Pocket Listings
Unlisted Lofts
Train Station Homes
River Homes
Fixer-Uppers
Expired Listings
For Sale By Owner
Lawsuits and Litigation
Mills Act
Panic Sellers
Arts District Homes – Not the cheapest, but could be the best bargain compared to future.
More

Get a free list of distressed homes. Fill out the online form:

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Arts District Private Club
Arts District Continues to Impress

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.

How to Find the Best Loft, Condos or House and Gain Financially – #1 Secret

Real Estate Tips and Tricks: This Simple Tactic is the Most Overlooked Trick to Getting the Best Deal on an Amazing Home

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Open space with big windows and light, by the best walking areas near restaurants, shopping and entertainment. But what if the price is too high?  This blog post has answers to that question. For those who are very business minded, it comes naturally.  For the rest of us who must learn and work to make good things happen, we need to put in just a bit of effort to find and get the best deals.

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Before getting to this step, the home  buyer or renter will have maximum leverage for low price by getting access to all of the properties, and not just some of them.  For Downtown, these unadvertised bargains can be found with a free VIP Buyer Program or a paid VIP Renter Service such as the LA Loft Tour at www.LALoftTour.com.

20160826_200914Failing to ask is the number one mistake for humans who want something and don’t get it. So, when it comes to getting a good deal, we need to ask.  Only about 70% of home buyers and just about 30% of renters place an offer less than the asking price.  So up to 30% of home buyers and up to 70% of renters are not negotiating to get the very lowest price.  It is  a 2-step process.  The first step is to ask the seller, owner, listing agent or manager if there are other offers or applications for the property or rental.  Also ask how long it has been on the market.  Then place an offer.  This works best when there are 2 or more properties that you like, and you place offer on both properties.  Many renters and home buyers get obsessed with a single property, which reduces the chances of getting a bargain price.  The most seasoned real estate professionals of all types, especially those who must get a great price, place many offers on many properties. For those who are obsessed with a particular property, and want to try to get that property for sure, the safest tactic is to place the highest and best offer as soon as possible.

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Get access to the best deal on LA Lofts, Condos and Apartments. Fill out the online form.

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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.

Best Deals Downtown LA Lofts, Condos and Apartments for Lease – Homes For Sale

The best deals go fast. These Just Listed properties are the current top picks of bargains in Downtown LA and the Los Angeles area:

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Just Listed Lofts For Lease Los Angeles http://loftleasela.blogspot.com

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Just Listed Los Angeles Lofts For Sale http://laloftsforsale.blogspot.com

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Just Listed Lofty Houses in Los Angeles http://loftyhousela.blogspot.com

Just Listed Lofty Condos in Los Angeles http://loftycondosla.blogspot.com

Recently Sold Lofts and Condos in Downtown Los Angeles http://solddtla.blogspot.com

Just Listed Mills Act Historic Lofts Condos L.A., Hollywood and Pasadena
http://mills-act.blogspot.com

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Get more free information on these or other properties. Fill out my online form.

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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.

Downtown LA Top Lofts For Sale, Condos For Sale, Loft Condos For Lease and Apartments

Top Picks: Downtown Deals and Steals

As prices continue briskly skyward in Downtown Los Angeles, prospective new Downtowners are looking for the best deal possible. The L.A. Loft Blog is today providing the best real estate news in the form of the top picks in condos for sale, lofts for sale, lofts for lease and the top choice of apartments for lease. Here’s this week’s top pick in each of these four categories:

Bunker Hill Loft High Ceilings and Polished Concrete Floors

Best Deal on a Condominium For Sale – This week’s top pick on a Downtown condo for sale is a lofty one! The Bunker Hill Loft is the only loft-style renovation at the well-known luxury high-rise Bunker Hill Tower.  As the most hip condo unit for sale today in Downtown L.A., with polished concrete floors and raised high ceiling, the Bunker Hill Loft is also the lowest price per square foot of all Downtown high-rise condos with a view. Visit www.BunkerHillLoft.com.  DETAILS AND PHOTOS or get 24-hour recorded information by calling 1-800-791-4541 ID#2305.

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Top Pick on a Loft Rental – This authentic live-work Beacon loft has open floor plan, bright south-facing windows with views of Arts District street art, bringing the greatest combination of gritty and pritty. It also features a modern kitchen and bathroom. The polished concrete metallic epoxy floor and concrete features give awesome industrial character — all for the lowest price of any loft in the Art District.  DETAILS AND PHOTOS or get 24-hour recorded information by calling 1-800-791-4541 ID#1407.

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Best Deal on a Loft For Sale – Flower Street has long been the best-kept secret, most authentic industrial loft and best deal in the South Park neighborhood of Downtown LA. This loft just listed has a view, open space, palatial ceiling height, views, large bathroom, walk-in closet, modern kitchen and every other feature one could want, just a block away from the most exciting place on Earth, LA LIVE.  DETAILS AND PHOTOS  or get 24-hour recorded information by calling 1-800-791-4541 ID#1040.

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Top Pick on a Downtown Apartment Rental – Most new construction rental apartments in Downtown bring a yawn at best, while one new apartment complex stands out from the crowd for its creative location and appropriate design. The Garey Building replaced the demolished iconic Megatoy building, which is sad, but the developers did not skimp on the design of the new large apartment complex. With a combination of brick-clad street level retail, and modern apartment atop, the Gary Building also includes its own large walk-through promenade that helps to connect the temples of Little Tokyo to the modern creativity and modern excitement of todays Arts District. Get on the interest list. Fill out the online form:

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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

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 necessarily 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.

Top Ten Best Investments in Downtown LA Lofts and Condos For Sale – Top 10 List

The L.A. Loft Blog has chosen these Top 10 Lofts For Sale based on their investment potential, value, building popularity and attractiveness.   |   JUST LISTED

bunker-hill-loft-panoramic-views-downtown-la-mkHere are the top ten real estate picks in Downtown Los Angeles (for assistance with these properties, call Corey Chambers (213) 880-9910:

  1. Molino Lofts – 500 Molino St #302 – IN ESCROW
  2. Higgins Lofts – 108 W 2nd St #508 – Extra windows, upgraded kitchen
  3. Little Tokyo Lofts – 420 S San Pedro St #524 – Just listed with views
  4. Mura – 629 TRACTION AVE #414 – High ceiling, Arts District view
  5. Bunker Hill Tower – 800 W 1st St #2305 – Panoramic views, lofty 2,440 sq ft.
  6. Savoy – 100 S ALAMEDA ST #470 – Downtown views, high ceiling
  7. Eastern Columbia – 849 S BROADWAY #606 – Art deco masterpiece, south facing
  8. Alta Lofts – 200 N San Fernando Rd #612 – IN ESCROW
  9. New construction – several new homes offering great deals
  10. >> MORE

Get more best investments top pics. Fill out the online form:

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Rental income investment properties

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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 necessarily 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.

Why Are People Buying Outside of Downtown Los Angeles? And What Are They Buying?

Buying a Real House – Loft Buyers Who Chose Single Family Homes

As prices in Downtown Los Angeles have already surpassed everyone’s expectations, and still continue to grow quickly, the average buyer can no longer afford the typical price in Downtown LA.  Over the last month, the lowest price loft in the Arts District was a whopping $850,000 (today there is a steal on a Barker Block loft with plenty of light and view for a mere $629,000). No longer a bargain basement of abandoned industrial buildings adopted by starving artists, Downtown is now a luxury neighborhood, a place of upscale urban vibe that offers real lofts, concrete, brick and authentic Downtown dining and entertainment experiences that you cannot find in West L.A.

With the $600,000s being the new floor price for Arts District lofts, more buyers in the $250,000 to $500,000 range are now looking at neighborhoods outside of Downtown for the right price on cool condos in fun neighborhoods.  When a prospective Downtown loft buyer ends up purchasing in a different neighborhood, they often still continue to aspire to eventually buy in Downtown. For those who cannot buy a Downtown dream loft today, buying a nearby condo or house is a stepping stone to allow the amazing dream loft to come true in the future. Buying in another great neighborhood protects the buyer from home price inflation. By owning another great home, the prospective loft buyer benefits from the higher prices, while most renters fall further behind the price curve.

Eager to get a better deal, they purchased homes located in the neighborhoods roughly between Downtown Los Angeles and Hollywood. They mostly chose houses with open concept kitchen-dining-living rooms, yet having traditional bedrooms with doors. Here’s what they have been buying instead when they did end up buying a Downtown lofts that they originally looked at:

Pico-Union Neighborhood Adjacent to Downtown Los Angeles

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This newly rebuilt house is a lofty-little 2-bedrom with bonus room. Just 5 minutes to Downtown, the living area is open-concept with high ceilings and real wood beams all for about $100,000 less than comparable Downtown lofts.

Melrose Hill, East Hollywood Neighborhood – Five Minutes to Fun Hollywood Nightspots

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Modern renovated small 2-bedroom single family home in East Hollywood, minutes to unlimited fun and excitement of Hollywood.

Hancock Park Condo

Walk to dining and shopping on Melrose.
This clean. affluent neighborhood is a quick walk to dining and fun shops on Melrose.

Glassell Park 3-Story House with Views of Griffith Park

Unable to find a large enough loft with balcony and view, the buyer opted instead to purchase this Mt. Washington 3-story house with pool, 2-car garage and grand vista of Griffith Park.
Unable to find a large enough loft with balcony and view, the buyer opted instead to purchase this large, Mt. Washington 3-story 3-bedroom house with pool, 2-car garage, entertainment room, grand vista of Griffith Park, and lots of windows and skylights.

Get more single family homes and condo alternatives to Downtown lofts in fun nearby neighborhoods. Fill out my Online Form.


Copyright © 2015 This free information provided courtesy LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not necessarily associated with the home owner’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.

Downtown Los Angeles Lofts and Condos Pocket Listings – Are You Missing 45% of the Best Deals?

Unlisted Condos and Lofts For Sale Downtown LA
Private Deals Off Market

For those who are looking for awesome deals on amazing Downtown lofts and condominiums, the best deals seem to disappear quickly.  The truth is much more dramatic. The most amazing loft deals are sold privately without ever getting listed on the MLS.  In fact, nearly half of the most attractive lofts at the lowest prices sell privately to buyers who are part of a VIP program.  The good news ing that it costs nothing to become a VIP buyer.

Here is one example of a new unlisted property at Evo for sale today but not on the MLS and not listed on the internet.  Only VIP buyers now have access to the property details, photos and early viewing of these pocket listings.

Pocket Listings Downtown

This is a pocket listing for a luxury loft unit at EVO!

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This beautiful 8th floor one bedroom at EVO in Downtown’s South Park is 840 sq ft and has a huge balcony that spans the width of the unit, unobstructed west views of Staples Center and city lights. The details, photos, pricing and early viewing are available, along with new listings delivered as part of the exclusive Downtown home matching service for VIP members.

LAcondoInfo.com provides lots of free information to help prospective Downtowners beat out other buyers to hot new listings, and to receive priority access to all new listings that math the buyer’s home buying criteria.  Find out more at LAcondoinfo.com or use the LA Loft Blog information request. Fill out the online form:

Copyright © 2014 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 necessarily associated with the home owner’s association, seller or developer. For more information, contact (213) 478-0499 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.