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Loft Condo Update

EVO LOFTS FOR SALE | FOR LEASE | UNLISTED LOFTS

Evo lofts building is currently involved with some type of litigation, probably the typical Homeowner’s Association lawsuit against the developer for construction defects. There is a good chance the claim was actually sparked after some homeowners recently panicked because Oceanwide Plaza construction was breaking ground to interrupt Evo’s views of Staples Center and the West Side. The L.A. Loft Blog recently provided unconfirmed reports that Oceanwide Plaza construction is currently on hold.

Chic Contemporary Space in the EVO Building. Spectacular City-light views, Lots of Windows and Light. Modern Kitchen with Stainless Steel Appliances inc Refrigerator. Wood floors. In-unit Washer/Dryer. Covered Parking.

Many buyers are not aware of the common benefits of lawsuits. The most common results is that the home price drops during the litigation and then usually pops back up after the litigation is settled. The overall results tend to be negative for the seller and a positive for the buyer when a purchase is made during the litigation. During a lawsuit, there is often more inventory available, and at bargain price because the sellers are worried, most buyers can see the risk, yet they are not aware of the rewards. The reward for buying during a lawsuit is that the buyer will likely get extra gain on equity after settlement. This usually happens within a few years, and often within just a few months.

One example of a bargain property that can offer greater return on investment is this Evo 12th floor 900 sq ft luxury condo loft unit with spectacular views on the east side. This unit for sale is off-market. For information on all listed and unlisted Evo lofts for sale, call (213) 880-9910.

Here’s a video walkthrough of the unlisted Evo loft for sale:

Get information on Evo homes for sale, unlisted Evo condominium units, loft lenders and litigation lenders that can finance Evo lofts during a lawsuit. Fill out the online form:

<a href="https://laloft.wufoo.com/forms/zjpfw3m13sjg17/" target="_blank" rel="noopener noreferrer">Fill out my Wufoo form!</a>

The modern soft loft condominium homes at Evo were created to inspire with abandon, using beautiful materials and modern palettes that are impressive, yet comfortable, and offer a truly on-of-a-kind statement of design and sophistication.

GET A FREE HOTLIST OF SECRET LOFTS AND CONDOS IN DOWNTOWN L.A.

Boundless in design, every finish and detail was given fresh through from the Evo creative team. The result is home interior adorned with materials, finishes and appliances that are unlike anything you’ve seen before. The Evo home is truly a one-of-a-kind statement of design, functionality and modern sophistication.

Designer stainless steel refrigerator
Performance Bosch stainless steel oven, cooktop and dishwasher
Rich wood cabinetry in matched colors: stained walnut or natural Jequitiba, White Oak, Teak, CaesarStone slab countertops in a selection of patterns” Blizzard, Oyster, Savannah, Expresso
Matched CaesarStone backsplash
Integrated Kohler under mount steel sink
Expansive Millennium hardwood floors in for custom colors:
— Natural White Oak, Stained White Oak, Doussie, Merbau
Nature’s Choice carpeting — Bone, Wheat, Bark
Outdoor terrace or balconies with glass or metallic railings
Voluminous ceilings with heights up to 11 feet
Spacious walk-in closets
Utility room with washer and dryer hookups
Prewiring for phone and data
Designer-matched Kohler sink, tub and fixture package
Warmly textured limestone slab countertops
Duravit vessel sink and pedestal in powder room
Sleek wood cabinetry in matched colors” Stained Walnut or Natural Jequitiba, White Oak and Teak
Elegant slate tile flooring in a selection of tones” Woodland Green, India Forest Green, Strata Grey
Arctic White Dal tub/shower wall tile

PENTHOUSE UPGRADES

Viking Designer Series 36″ stainless steel refrigerator
Viking Designer Series cooktop and convection oven
Built-in stainless steel GE Monogram wine cooler
Wood cabinetry in matched colors” stained walnut or natural Jequitiba, white oak, teak
Luxurious Calcutta “Ora” marble slab bath countertops
Calcutta “Ora” marble floor tile
Codfrey Hirst “Wool Creation” carpeting” Fleece, Sunset, Antique Beige
Designer selection of Kohler bath fixtures

Evo’s lush amenity collection is unrivaled by any in downtown. It brings resort-style indulgences right to your doorstep. Private amenities include the sixth-floor sun deck and pool with furnished gathering areas and an outdoor entertaining kitchen, the Two-Forty rooftop lounge with an outdoor terrace and fireplace overlooking the skyline, and the state-of-the-art fitness studio on the 24th floor with a glass wall of horizon views.

Evo also offers resident services and an on-site concierge by beverly Hills Concierge. This provides you with towel service at the pool and fitness studio, instant access to restaurant reservations, theatre and concert ticket purchasing, personal trainers, in-home spa services, catering and party planning, dry cleaning, dog walking and pet sitting, housekeeping services and more.

Evo has been created as one of the most sustainable, smart and eco-friendly buildings in the entire country. In fact, Evo is the first high-rise residence in downtown Los Angeles to be certified LEED Silver by the U.S. Green Building Council and is being looked to by officials and architects as the construction standard of the future. To accomplish this, Evo was created with an abundance of renewable and recyclable materials, energy-saving systems, improved interior air quality, environmentally responsible construction techniques and an intelligent approach to neighborhood growth and planning. All of which add value, health, responsibility and vision to your home.

Location: 1155 S Grand Ave, Los Angeles, CA 90015

Historical Perspective

Actual Year Built: 2008
Effective Year Built: 2008

EVO LOFTS FOR SALE | FOR LEASE | UNLISTED LOFTS

<a href="https://laloft.wufoo.com/forms/m1spfx910pdzxmx/" target="_blank" rel="noopener noreferrer">Fill out my Wufoo form!</a>

Evo Sales and Leasing Information: (213) 880-9910

GET PRIORITY ACCESS TO SECRET, UNLISTED LOFTS IN DOWNTOWN!
http://www.LAloftBlog.com

Corey Chambers, Realty Source Inc. DRE#01889449

Licensed in California. All information provided is deemed reliable. However, the information is not guaranteed, and it should be independently verified. Properties subject to prior sale or rental.

Continue reading “Evo Lofts Update 1155 S Grand Ave, Downtown Los Angeles 90015”

How to get the most out of the most important investment in the most exciting place on Earth, real estate in Downtown L.A. #downtown #condos Revelers have a lot to be happy about at the end of 2015, posting gains of 8% for DTLA property values. This L.A. Loft Blog post will give a prediction of the market for 2016 and beyond. This comes on top of even larger gains for 2012 through 2014.

While revelers prepare to enjoy New Year’s Eve in Downtown’s LA LIVE, the new center of the universe that is slowly replacing celebratory aspects of Hollywood and Times Square, the savvy investors are staying home to plot their plans for big gains in 2016. The home buying season starts early every year in Downtown LA because the energetic, entrepreneurial urbanites usually have no kids or school to be concerned with. Many buyers begin seriously searching for properties to buy in January, and then a large number of home purchase escrows are usually closing by May.

As the floodgates of homebuyers opens up for the new year, prospective home buyers are preparing for an uphill battle, competing against a large number of potential Downtowners for a very low inventory of lofts and condos for sale in DTLA. With a limited selection of homes for sale, investors and future urbanites need as many advantages as possible to find the most amazing loft at the best price. To help with that goal, the L.A. Loft Blog presents a few of the most important items to help buyers to get the best deal in Downtown:

Pocket Listings, Unlisted and Off Market Properties – 45% of the best deals in Downtown real estate are not listed on the internet, and not listed in the agents and brokers Multiple Listing Service. A Downtown LA pocket listing specialist is the best source to provide access to these private deals at no cost to the buyer.
Get informed on all of the unique challenges and downsides of Downtown lofts. Besides lots of homeless people running around, Downtown Los Angeles lofts have other unique issues. More than 25% of current listings involve a building that is currently or recently engaged in a lawsuit or litigation of some kind. The popular Barker Block is involved with litigation, and has a questionable new shopping center, also a possibly contaminated park being built across the street. Buyer’s need a Downtown specialist to help provide information about these potentially negative issues. Alta Lofts HOA recently announced a claim against the developer for construction defects that could potentially turn into a lawsuit and affect home values. All Downtown buildings have major pros and cons.
Avoid loft lending nightmares – More than half of homes for sale in Downtown are industrial or commercial buildings that have been converted to live-work under the City of Los Angeles Adaptive Re-Use Ordinance. Most home loan companies do not know what a loft is, they do not check the building type up front, and they come back later with bad news about delays, cancellations or higher rates for loft financing.
MORE – Beat out other buyers to the best deals in Downtown condos and lofts. Most buyers and most agents do not know how to implement very advanced strategies to give the buyer as much advantage as possible. These strategies include advanced software, intelligence gathering, outmaneuvering, and out-negotiating the listing agent to place the buyer’s interests far above the seller’s interests. The good news is that it is free. The buyer simply needs to make a decision that they deserve the best deal possible, the best price and the all possible advantages. Get free information on how to take advantage of the Downtown VIP Buyer program at no cost at www.LALoftVIP.com or visit http://www.lacondoinfo.com/technology

PREDICTION FOR 2016

The L.A Loft blog predicts that 2016 is expected to have gains similar to 2015, around 7%. Most buyers have been cautious recently. Contrary to what some believe, there will be no big, dramatic drop is prices any time soon. Because the money supply is still very loose, the opposite is actually more likely. Inflation pressure caused by unprecedented quantitate easing is just as likely to cause home prices to have an unexpected jump in the near future.