Now an extremely good deal, this awesome renovated 2 bedroom, 2 bathroom bright, sunny southwest corner unit pocket listing is expected to sell any day now at the asking price of $675,000 or more.
Now that inventory of lofts in the Arts District is virtually zero, new strategies are required in order to snatch victory from the jaws of defeat. Most buyers are unaware or even afraid to take advantage of these strategies, so fortune, now more than ever, favors the bold.
Here are some of the newest pocket listings in Downtown LA, including the Arts District, Little Tokyo and Bunker Hill:
Up to 45% of the best deals are not on the real estate agent’s MLS Multiple Listing Service, and they are not on the internet. So where can they be found? They are pocket listings, unlisted lofts, off-market properties, distress sales, foreclosures, company owned REO foreclosures.
It is free to access the properties, but most buyers simply do not know how. Some buyers have a false perception about the amount of work or risk that is involved with these deals, particularly if they are working with an out-of-area agent who is not familiar with Downtown pocket listings.
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