Congratulations! Frank L. for picking up this renovated Duplex Rental Income Property in a great neighborhood near the water for $138,500 #incomeproperties
While the Arts District might be the best long-term investment, we must face the fact that most of us do not have $700,000 to buy a loft in this very hip neighborhood, only to be upside down for several years. Many need to make a much smaller investment and receive an immediate positive cash flow monthly. #realestateinvestments
One thing that our team hears frequently is that home buyers and investors wish they could go back in time to 2012 to buy a home at the bottom of the market when prices were unusually low. While we don’t know how to physically go back in time without expending all of the energy in the solar system, there are some amazing things that most home buyers don’t know about getting an amazing investment at a very low cost with very high returns. The fantastic news is that we can still get both. Frank’s investment by the Southern Shore Yacht Club combines the magic of yesteryear’s low real estate prices with the rich rental income returns of today!
While some neighborhoods were very early to shoot up in price, a few popular areas of the U.S. still have home prices that are surprisingly low compared to the high rental rates, providing immediate positive cash flows and superior return on investment fast. These deals are getting very rare, and they absolutely will not last. Details can be found at www.RentalIncomeHomes.com
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
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
When considering the purchase of a Downtown Los Angeles condominium unit, buyers have much to be concerned about.
DTLA is the most exciting place on Earth because of it’s head-spinning rapid transition from blight to luxury. That kind of blitzkrieg renaissance brings with it growing pains and other pitfalls such as lawsuits and loft-lending issues. Some properties increase in value faster than others, and some have more future potential than others. Here’s a list of this week’s Downtown Top Ten investment picks based on ROI, popularity, location, cap rate, best deals and future growth potential. #top10 #dtla
738 S Los Angeles #302 – Industrial style loft with large balcony – IN ESCROW
312 W 5th St #307 – The lowest HOA dues in Downtown on this unlisted loft for sale
200 N San Fernando Rd #301 – Bigger and nicer loft for a lower price
420 S San Pedro St #516 – Friend and family love the amenities and guest parking
1130 S FLOWER ST #306 – Nice, big loft in Ritzy South Park for a great price
315 E 8TH ST #606 – Historic loft with convenient underground parking
330 W 11th ST #703 – 2 bedroom and 2 bath with lots of square footage South Park
108 W 2ND ST #212 – Large private patio in a clean attractive neighborhood
1111 S GRAND AVE #1008 – Modern soft loft with bright natural light and amenities
600 W 9TH ST #409 – 2 bath, 2 real bedrooms w/ doors that close. Balconies.
Get a complete Top 10 list with photos, descriptions and prices. Fill out the online form:
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
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
Train Station Homes
For Sale By Owner
Lawsuits and Litigation
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:
Real estate is easily one of the best investments for the new year. It’s the biggest and most important investment made by the average American. #top10 #investments #2017
With its dramatic renaissance and renewal, Downtown Los Angeles leads the pack in ROI potential with 5.7% average annual increase in property values last year, more than 100% increase in value over the last 5 years, and billions in new and upcoming public infrastructure and private investment. Here’s a list of the top 5 best Downtown real estate investments, followed by the other types of investments that are booming with a bright future:
While Downtown lofts are among the best, there are other great investments to think about as well. The L.A. Loft Blog wants home buyers to have really excellent long-term financial outlook. In addition to owning an amazing loft, investors can own a property with a much faster positive cash flow, excellent cash-on-cash return. Request a free list of investment homes across the USA under $50,000. Get free information. Fill out the online form:
While real estate is perhaps the most legit investment that is not totally rigged by Wall Street, other types of investments are taking off and appear ready to explode in 2017. Some of them require a lot less dough and are easy and fun:
Some properties outperform others in Downtown because they are more desirable, a better value or they are in a better phase of the building’s lifecycle. Some lofts and condos in Downtown have more space, more windows and more places to walk to than others.
REMARKS: Chic Alta industrial live-work loft with abundant open space, extra high ceilings, lots of windows and light, upstairs separated bed area, 2 bathroom, 2 entries, warehouse-style roll-up door for indoor patio effect, natural light and fresh air. Electric roll-up shades w/ remote. Upgraded special design and engineering add extra square footage w/ extended mezzanine bed area, expanded open closet built-ins, frosted glass partitions, jetted tub, copious designer tile in master bathroom and kitchen. Steel i-beams w/ intumescent paint. East facing the mountains to Downtown Los Angeles and Elysian Park. This industrial loft features concrete floors, granite counter tops, stainless steel appliances, large bathrooms w/ tile floor and stainless sink, washer & dryer in unit, central A/C and heat, large closets. Gated covered parking space. Building amenities include social party room, fitness center, BBQ, courtyard lounge area, gated covered guest parking. Pet friendly. PM security. Near Metro.
ROOMS: 2nd Story Family Room,Art Studio,Breakfast Area,Den,Den/Office,Dining Area,Dressing Area,Family,Formal Entry,Living,Loft,Master Bedroom,Patio Covered,Study,Study/Office,Utility,Walk-In Closet
DIRECTIONS: On Grand Avenue just north of Cesar Chavez Boulevard.
REMARKS: Large 2 Bedroom and 2 Bathroom Condo with Huge Walk-in Closet. New Air Conditioner and Floors installed. Tandem Two Car Parking Space. Two Private Patios. On Grand Avenue just north of Sunset Blvd. Close to Walmart Grocery Store, the Music Center, the 110 Frwy, Chinatown and more.
DIRECTIONS: South on Broadway. Left on 5th Street. Property is on Left hand side. Building entrance is on 5th Street.
REMARKS: In the heart of DTLA. One bedroom loft at SB Grand features 12 ft. ceilings with wide and spacious floor plan and balcony with South facing views. This unit features consistent natural light and newly renovated bathroom. Located on the border of the Financial District and the Historic Core. Right across from Perch and within 2 blocks of the foodie hub Grand Central Market. Within walking distance to other trendy restaurants, bars and lounges. The Metro Redline station stops right at the corner, Pershing Square. Building amenities include a rooftop pool with 360-degree view, a fitness center, and 24-hour security. Don’t miss this opportunity to invest in the new Downtown LA.
REMARKS: A spacious downtown loft with prime city views. This airy home in the historic Higgins Building offers loft living hallmarks in a fabulous location. The third-level unit features high ceilings, exposed ducting, polished concrete tile flooring and a stainless steel appliance suite. Large windows open to sweeping westward views showcasing the city skyline and nearby Walt Disney Concert Hall. The Beaux-arts styled Higgins dates to 1910 and was converted to condominiums in 2006, modernizing with central air conditioning for all units. A Mills Act property, it provides owners with significant tax savings. Amenities include 24-hour doorman, a rooftop deck and garden with BBQ grills plus a community courtyard on the second floor. The HOA is pet-friendly with an adjacent dog park. Downtown dining, shopping and cultural options are right outside your door including the Grand Central Market, Grand Park, the new Broad Museum, MOCA and the Little Tokyo and Arts District, among many others.
REMARKS: Here’s an opportunity to own a true loft in the heart of downtown Los Angeles revitalized Historic Core. With skyline views, great natural light, hardwood floors, exposed brick and a small balcony, this west facing one bedroom, one bath gem is truly a must see.Located in the Pan American building, it’s across the street from Grand Central Market, steps from the Red Line Metro and close to the Broad Museum and Disney Hall. The restored building has only 40 units and retains many exquisite architectural details. It’s Mills Act approved, which has the added benefit of a reduction (up to 75%) in property taxes.
EQUIP: Garbage Disposal,Microwave
LAUNDRY: In Unit
TYPE: Condominium,Low Rise,Loft
VIEW TYPE: City,City Lights
SEC: Card/Code Access
POSS: Close Of Escrow
SZONE: Seismic Hazard
OCC/SHOW: 24-hr Notice,Agent or Owner to be Present,Appointment w/List. Office,Appointment Only,Call LA 1,Vacant
Prospective Downtown LA residents and investors need quick ways to know which properties for sale are the best investments and more desirable place to live. Some of these bargains are created by some type of seller distress such as uncooperative tenants, or the seller simply does not want to disturb the tenants. That causes reduced ability to show, and thus ordinary home shoppers go away, and only savvy and sophisticated buyers take part in these deals that often sell for a lower price. As some of the largest lofts and condos with best views in Downtown, here are this week’s L.A. Loft Blog Fab Five Top Properties in Downtown residential real estate: 1. Downtown Highrise Condo 2-bedroom, 2-bathroom with panoramic views, $675,000 800 W 1st St, Downtown Los Angeles –
5. Little Tokyo double loft pocket listing, sold as a set that includes 2 bedrooms, 2-bathrooms, 1,400 square feet, balcony and 2 parking. $399,000 each. This deal is not listed anywhere, and most buyers and real estate agents do not know about it. Pocket Listings
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