For those interested in Downtown, knowing what other buyers, sellers and renters are thinking and doing can give very valuable insight into Los Angeles real estate trends. This top ten list shows some of the most common topics that readers of the LA Loft Blog have requested more information on. This includes the request forms for Loft Building Interest Lists, New Homes, Property Listings Requests and Loft Tour Requests. Some the top requests are for lofts outside of Downtown, including Long Beach, Pasadena and other Los Angeles Neighborhoods. Take a look:
Top 10 Downtown LA Information Requests: (Page Name, Response % Rate)
Mt. Washington is a hillside residential neighborhood in Central Los Angeles with many single family homes that offer views of Downtown LA and Griffith Park.
Many buyers are looking for single family homes with views and pools in desirable neighborhoods near Downtown, Glendale, Eagle Rock, Pasadena, Silver Lake, Elysian Park Lincoln Heights and Montecito Heights.
Many of the hillside homes in Mt. Washington have septic systems, which should be emptied and tested during escrow to ensure that the buyer will not have an extremely expensive surprise after purchase. This is particularly true if the seller was a single occupant, and the buyer is a couple or family. Septic systems are much more likely to get overloaded or backed-up with a large number of residents. The good news is that efficient, maintained septic systems can cost less than City of Los Angeles monthly sewer charges.
These recently sold listings from all real estate companies show the actual prices paid for some of the properties in the past month in various price ranges.