The Arts District again takes center stage as the star of Downtown’s cultural offerings, as well as the city center’s hot spot for shopping, dining, art, entertainment and, of course, real estate. #dtla #museum #icecream
As the formerly blighted urban area of interest has emerged from its former cocoon of decay, the shiny new creature of civilization has spread its glorious, nubile wings of creativity and taken flight high above all expectations. The fantastic Renaissance of Downtown L.A. now provides more artistic venues per square mile than what most will ever be able to absorb in a lifetime.
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Today’s example of DTLA creativity is the Museum of Ice Cream. Those crazy ideas dreamed up as a kid can now come true as tasty toppings and spectacular sprinkles bring people together in the Arts District to provoke unlimited imagination. There can be no better combination of Neapolitan loveliness than art, ice cream and fun.
Get a free list of Arts District lofts. Fill out the online form:
Where are the most amazing lofts at the best prices? And how does it all work? The answers to these all-important questions are changing every day as the pace of new technology accelerates. The L.A. Loft Blog is always among the first authoritative media to discuss the changes in the real estate industry, especially those rare, valuable and challenging insights that some prefer not to think about.
There’s more money than ever at stake in Downtown Los Angeles housing. The astute observers pay close attention while the movers and shakers benefit from these major changes in the housing market. Compare the number of Google searches of real estate, AirBNB and Zillow:
Homes now sell faster when the buyer’s agent receives less commission. Yes, the property actually has fewer days on market and a quicker sale transaction when the buyer’s licensed real estate professional is offered less of the shared percentage, while homes are now really selling slower when that commission is higher. This is one of several indicators that point to the fact that Zillow, Trulia and other major online real estate websites have home search functions that are diminishing the needs for a buyer’s agent. Zillow is blowing away real estate agents. #airbnb #zillow #realestate
Nobody has really ever been particularly interested in real estate agents. They seem to show up sooner or later as the home buyers or sellers kind of know that they still need one to make sure that all of the buyers see all of the appropriate homes, and agents help negotiate the best price and terms, while helping take care of the massive stack of paperwork that is required in litigation-crazy California.
Just as it is clear the AirBNB is beginning to nibble at the hotel pie (average AirBNB stay is 4 days, compared to average hotel state of 2 days), Zillow is now slurping down huge pools of cash from what was once the grips of buyer’s agents. More than 20% of real estate investors are now seeking properties that can easily be rented out on AirBNB. Most Downtown condo lofts are not efficient for AirBNB because of strict HOA homeowners rules that do not permit such short rentals.
There are some sectors of real estate that Zillow and Trulia do not compete well. Those are the ultra-local, specialized markets like Downtown Los Angeles lofts such as historic Mills Act lofts with property tax benefits, L.A. Adaptive Re-Use Ordinance buildings with lofts for lease, 2-story lofts, live/work lofts and industrial buildings.
Get a free list of Mills Act homes for sale in Los Angeles. Fill out the online form:
New Townhouse Condos with Views of Downtown Los Angeles and Elysian Park #newhomes #dtla #elysianpark
New three-story townhomes are now under construction and nearing completion between Downtown Los Angeles and Elysian Park, on a hill with supreme park views and skyline views.
Some of the new home developments offer 1 and 2 bedrooms for first-time homebuyers. For those who like something new and big, 45 modern townhomes come with 3 bedrooms and 2.5 bathrooms provide an opportunity to own a better view with private balconies and patios. Enjoy DTLA and Dodger Stadium views. The smart 1,700 sq ft floor plans come with modern fixtures and finishes, master walk-in / built-out closets.
Prospective buyers will be able to walk though the construction site very soon to see the new build homes before the crowd buys ’em all up. To get more details or request an early viewing, get on the new homes interest list. Fill out the online form:
Your Referrals Help the Kids. For every referral I receive, I donate a portion to the Children’s Hospital Los Angeles. With your referrals, you are helping Children’s Hospital ensure that critical life-saving care is available to every child they treat. http://www.ReferralsHelpKids.com
Based on information from the Association of REALTORS®/Multiple Listing as of [date the AOR/MLS data was obtained] and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
*seller and Corey must agree on price and time of possession – details and conditions visit coreychambers.com
Prolific Con-Man Christian Andrews AKA Drew Christian Donovan AKA Jimmy Wayne Jackson Has Been Caught #dtla #realestate #fraud
REAL ESTATE NEWS (September 11, 2017) Los Angeles, CA — Thanks to the smart readers of the L.A. Loft Blog, and due to the quick work of the San Diego Police Department, swindler Drew Donovan has been captured before he can destroy the finances of any more innocent victims. After wreaking havoc on the financial welfare of anyone whom he could get ahold of, including local families with children, disabled persons, even inflicting malevolent damage to sophisticated real estate industry professionals and homeowners in Los Angeles, the bad guy is finally off the street.
The L.A. Loft Blog first covered in May of 2017 the story about the fake philanthropist then going by the name Christian Andrews, taking several Los Angeles area locals by offering to pay off all of their bills, give them new cars, even million-dollar homes such as Downtown lofts and Solaire luxury high-rise condos in Koreatown. His foray into real estate fraud is what brought him down, as he tangled with the wrong group of savvy people. With powerful communication and hard work, the LA Loft Blog and its readers have toppled LA’s dangerous money menace.
The LA Loft Blog first became aware of the charlatan when he contacted our office requesting assistance with a Downtown loft purchase. After receiving fake proof of funds, fake earnest money deposit initiation receipts and other phony financial instruments, the L.A. Loft Blog learned that the trickster has defrauded more than 100 individuals, families, mothers, children, elderly, disabled out of more than $1,000,000 in the Greater L.A. Area (see the original story).
Arrested — Going by the fake name Christian Andrews, and carrying a California driver license that says Drew Christian Donovan, the supremely skilled deceiver has this week been outwitted by the caring community of L.A. Loft Blog readers and writers. When the scammer tried to lure them into one of his “free real estate” traps, real estate agent Norma Fernandez and her quick-witted client Joshua Alvarez checked the L.A. Loft Blog, which confirmed their suspicions. They wasted no time calling police. San Diego Police Department responded quickly, checked diligently, and then took cheater Donovan into custody on existing felony warrants for violating his probation and writing big, bad checks.
To help keep this menace locked away for a long time, those with any information may share it with police and with the L.A. Loft Blog at firstname.lastname@example.org or call (213) 880-9910.
Homebuyers want a good deal on the home price and ongoing costs. For all homes, including Downtown L.A. lofts and condominiums, monthly expenses are just as important as the purchase price. #lowhoa #dtla
With average HOA dues above $500 per month, most home buyers are conscious of homeowners association dues when determining the total value of a home purchase deal. To help find the best deals, here is a list of the lofts and condos with the most cost-effective monthly building maintenance, the lowest HOA dues in Downtown LA today:
Professional Con-Artist Jimmy Wayne Jackson AKA Drew Christian Donovan AKA Christian Andrews Deceives from Small Town to Downtown
REAL ESTATE NEWS (September 4, 2017) Los Angeles, CA — The L.A. Loft Blog reported in May of 2017 about pretend rich guy Christian Andrews conning many Los Angeles area locals by offering to pay their bills, give them cars, even million-dollar real estate such as Downtown lofts and Solaire luxury high-rise condominiums in Koreatown. The skilled liar with many names promises to help those who are deserving with millions out of his trust fund if they help him avoid his interfering parents. The truth is that the con-man’s parents are dead, and he is really only avoiding his earlier angry victims while spryly hurdling the slow wheels of justice as he cheats his way from small town to Greater Los Angeles.
By gaining sympathy over his made-up terminal cancer, and his bogus story that he wants to help those who are deserving, Jimmy Wayne skillfully leads caring individuals into the void, all but rendering victims into human ATM machines, mindless sex zombies or drug-fetching robots to give him their money, meds, identities and even more sinister. The preying monster seems to have something insidious in store for just about anyone whom he can catch in his finely crafted web. #jimmywaynejackson #drewdonovan #christianandrews #fraud
The LA Loft Blog first became aware of the swindler when he contacted our office asking for help with a Downtown loft purchase. After observing fake proof of funds, fake earnest money deposit initiation receipts and other fake instruments, the L.A. Loft Blog has learned that the perpetrator has defrauded more than 100 individuals, families, mothers, children, elderly, disabled out of more than $1,000,000 in the Greater Los Angeles Area (see the original story).
The Latest — Going by the fake name Christian Andrews, and carrying a California driver license that says Drew Christian Donovan, the supremely skilled deceiver has this week been outed as Holland, Michigan native Jimmy Wayne Jackson, long-time fraudster on a mega-extended super-spree of illegal deception using fake checks, sham real estate transactions, phony bank wire transfers, other people’s credit cards and stolen identities.
We have just been contacted by an old-family friend who informed us of the flimflam man’s true origin. He’s been at it a long, long time. Hometown victim Carol reports that she knew him a long time ago when he was 10-year-old Jimmy Wayne Jackson of Holland, MI, from a dysfunctional family living at a mobile home park. Years later, Carol would lose touch as Jimmy turned into an 18 year old college DJ in Grand Rapids and then a DJ in Florida. About 9 years ago in back in Holland, MI, the young fraudster’s mom had passed away, and Jimmy never new his birth father. Carol and Jimmy grew close, so she thought. But the friendship was mere trickery. Carol reports that Jimmy came back to his home town, claimed he came into lots of money, and wanted to give it to deserving people. He defrauded Carol and several of the local townspeople, causing tens of thousands in damages to Carol alone. Years later, Jimmy did it again, ripped his old friends off a third time, making yet another astonishing round to take advantage of the folks who cared for him the most by claiming that he had come back to make amends. For those who were religious, Jimmy would not hesitate to use God’s name to lie, and take advantage of their faith to bilk and milk them for every penny. Carol said that two more home-town victims called her within the last year to report Jimmy’s latest thievery by false pretenses. His total estimated take is now more than $2 million.
While his mugshot captures a glimpse of his true character, the perpetrator has not paid for his career of crime. He has told some that he served time, but this super-slippery and talented weasel has even been able to con “friends” into bailing him out, as his supreme charlatan skills have allowed him to evade the law virtually 100%. He uses advanced real estate knowledge and banking know-how to trick old friends — even to outwit sophisticated business persons. The man with many names is at large and actively taking from innocent individuals and families. His motives are too torrid and depraved to detail on a real estate blog, but evidence suggests that the bad guy’s impetus may involve something weird like Ambien sex addiction, the sad combination that took down golf-great Tiger Woods. All victims are encouraged to immediately contact law enforcement and also to contact the L.A. Loft Blog with further information. The sooner we can get this crafty parasite back into an orange jumpsuit and iron bars, the safer America will be.
Additional victims have created another page with more information that might help to apprehend and stop the fraudster, also to try to protect families from the ongoing campaign of financial devastation by Drew Donovan aka Christian Andrews aka Jimmy Wayne Jackson.
Downtown L.A. Homes Sell For More Money, Faster Than One Year Ago
REAL ESTATE NEWS — Downtown Los Angeles continues to beat most real estate markets in both growth and stability. Compare recent prices, along with days on market, and we can see that prices continue to rise at a desirable pace, while homes sell at a brisk pace. Check out the market report:
In the most recent market (the last 6 months), Downtown L.A. homes sold at a median price of $619,500 with 42 days on market. #dtla #realestatenews
For the same 6 month period a year ago, the median price for Downtown LA (MLS areas 23,42) was $589,250. with 55 days on market.
This shows a value growth of $30,250 in 12 months with properties selling 13 days faster.
DTLA has also proven to be superior in down markets, slower to decline in price and faster to recover in price. While Downtown Los Angeles definitely has its ups and downs, it has proven to be safer than most neighborhoods as a financial investment.
Get a free list of Downtown Top 10 Best Investment Property Listings. Fill out the online form:
Walk right in and enjoy browsing these awesome live/work lofts, luxury high-rise tower condos and historic lofts with balconies and Mills Act Property Tax Benefits in the most exciting place on earth, Downtown L.A. #openhouse #dtla
How to Secure Super-Low Downpayment Home Loans
When You Buy a Los Angeles Home
A new report has just been released which identifies a foolproof 3-point plan, which any homebuyer can use to secure the best financing rates when they buy a home. When you’re looking to buy a home, the first thing most homebuyers do is start the process of house hunting. However, experience proves that this is one of the last steps you should be taking if you want to get the most home for the least amount of money. In fact, shopping for the best financing should start long before you start shopping for a home. The experience of thousands of area home buyers has been summarized in a new report entitled “BestFinancing: A 3-Point Plan”. This report outlines 3critical steps you must take to obtain the absolute best financing rates when you buy a home. It tells you where you should go, what questions you should ask, and how to manage the process to your personal advantage.To hear a brief recorded message about how to order your FREE copy of this report call toll-free 1-844-837-3308 and enter 1020. You can call any time, 24 hours a day, 7 days a week. Get your free special report NOW to learn how to obtain the best financing rates when you buy your next home.
Industrial Lofts Downtown Los Angeles #artsdistrict #lofts
An industrial loft is a live/work residential space, usually converted from a previous older work-related space that has been used for an industry related to manufacturing or other commercial production business. Many industrial lofts are constructed primarily of concrete, brick, wood or steal, giving them a uniquely sturdy character, often with historic and antique features. Many of these lofts are in the Arts District.
Downtown Los Angeles offers several industrial style buildings with loft for sale and for lease. With large open space, big windows and concrete floors or wood instead of carpet, these renovated and updated robust buildings are now considered by young urban professionals to be the most “modern” of homes in terms of today’s style requirements. Industrial lofts tend to be the most pet friendly of all urban housing, often allowing large dogs and well-behaved animals of stereotypically aggressive breeds such as rottweilers, pit bulls, german shepherds etc. Some industrial buildings have 2-story lofts with two levels including mezzanine bed area, that give the loft extra high ceilings and extra bed separation.
Get a free list of industrial lofts in Downtown and the Greater Los Angeles Area. Fill out the online form:
Now Available For Sale, the DTLA penthouse condo units crown the Eastern Columbia Lofts, one the city’s most dramatic structures.
After recently disposing of the first and biggest of his five eclectically adorned penthouses in the Eastern Columbia Lofts, a landmarked Art Deco building in downtown Los Angeles, Johnny Depp has sold a second unit for $3.90 million. The $1,287.50 per square foot price sets a record in the Historic Core district of DTLA.
The 2-story corner condominium unit, Penthouse 3, includes 2,400 square feet with chevron-patterned hardwood flooring, dramatic chandelier lamps, tufted lounge, bold green walls, and high ceilings. It comes with with a rooftop garden, skyline views and enclosed private terrace that provides direct access to the building’s common area rooftop deck with a pool, spa, and fitness center with a view.
The actor purchased all five penthouses for about $7.2 million between 2007 and 2008, keeping the original layouts.
It’s not clear whether Mr. Depp, 53, decided to list the properties as a result of his divorce from actress Amber Heard, 30. Real estate professional Kevin Dees, son of famous Los Angeles radio host Rick Dees, is the listing agent.
Fans say that Depp is doing the right thing. “Get rid of the stain that was Heard, the cheap skank isn’t even getting the 7 million divorce settlement LOL” spouted one online loudmouth, calling the divorce a “smart move.”
Other fans rave about the A-list actors most recent public appearance: “Congratulations to #JohnnyDepp for receiving a prestigious award for his work with cancer patients & their families” MORE INFORMATION | SOLD
How to Buy a Johnny Depp Loft Penthouse:
Eager to snap up one of the remaining Johnny Depp penthouses before they are all gone? Here’s a scoop on the Depp lofts currently for sale: