Open House TV Show – Downtown Luxury Highrise Condo #dtla #openhouse

Downtown Luxury Highrise Condo with Pool, Tennis, Fitness Centers
OPEN HOUSE TV Show at www.DowntownScope.com

Broadcasted January 17 from 2:00 PM to 4:00 PM  

VIEW LIVE ON USTREAM

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More than 100 viewers tuned in to see the panoramic views of Downtown Los Angeles Financial District to the Hollywood Sign and Griffith Observatory.  Behold the resort style pool and tennis courts from the comfort of the awesome 3 bedroom, 3 bathroom updated condominium unit in Downtown’s original highrise, Bunker Hill Tower.

800-w-1st-st-2308-065_webThis special urban home is listed in the Robb Report, Jetset and Wall Street Journal. See the new luxury presentation. See the special upscale media presentation on interactive PDF Presentation – 800 W 1st Street

Details and photos are at http://www.laloftblog.idxco.com/idx/11753/details.php?idxID=240&listingID=15966377

Call in with questions or comments about Downtown or the open house (213) 478-0499.

LOFT & CONDO LISTINGS DOWNTOWN L.A.  [MAP]

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Buy This Home, I’ll Buy Yours*
NO Gimmicks! For information on my exclusive Guaranteed Sale Program, order a Free Report by visiting www.GuaranteedSaleSoCal.com
Call Corey Chambers (213) 880-9910 and start packing!

*seller and Corey must agree on price and time of possession. Realty Source Inc BRE#01889449

OceanWide Plaza Downtown Los Angeles Resumes While Metropolis Rises Steadily

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SPECIAL UPDATE: OceanWide Plaza has resumed construction. Details coming soon.

The L.A. Loft Blog previously reported that the tide may be going out for Oceanwide Plaza. We had received several unconfirmed reports that new luxury condominium high-rise project that recently broke ground is on hold with construction halted. The reports specified at the time that the developer or lender may be having second thoughts about the expected financial results. The developer has not released any details.

This sounds somewhat similar to what we saw just a few months ago when the owner of the Title Guarantee Building decided at the last minute to change their mind and keep renting the units instead of selling them.

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The reasons are clear.  Downtown apartment owner a making big profits from rentals and the billion dollar investor types predict that the rental dollar signs will continue to soar as many highly mobile urban professionals continue to pour into Downtown Los Angeles to lease homes while they check out the urban renaissance.

The big investors are betting billions that the influx of renters will continue, and that many renters who currently think that renting is cool will soon find themselves forced to keep renting as home prices grow faster than their ability to come up with the required down payment. The average rent in Downtown L.A. is now $2,500 per month.

Meanwhile, new luxury Downtown high-rise condo complex Metropolis construction is proceeding promptly on schedule with 7 cranes building all three phases almost simultaneously.  Get Metropolis Los Angeles listings, details and photos at www.LosAngelesMetropolis.com

LOFT & CONDO LISTINGS DOWNTOWN L.A.  [MAP]

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SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $30,000,000
Browse by Building  |  Neighborhood  |  Size  |  Bedrooms  |  Pets  |  Parking

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