New-Construction, For-Sale Housing Opportunity to the Downtown Los Angeles with Adaptive Reuse Lofts Priced from $400K

Click on Photo for Video of New Lofts
Click on Photo for Video of New Lofts

The only new-construction, for-sale housing opportunity in Downtown Los Angeles came on the market Jan. 11.

68 adaptive reuse lofts that will add an additional 72,599 square-feet to the existing 242 live/work lofts in the neighboring building that was completed in 2007.

Affordably priced from $400,000, the one- and two-story lofts are housed in a reinvented and restored early 20th-century Furniture factory and warehouse.  Preserving the building’s original details including exposed brick, heavy timber beams and columns, wood and concrete floors. One-story lofts range in size from 679 to 2,000+ square-feet while two-story lofts range from 1,134 to 1,300+ square-feet. Construction is nearly finished and set to go on the real estate market.

GET PRIORITY ACCESS TO SECRET, UNLISTED LOFTS IN DOWNTOWN!
http://www.laloftblog.com/new-lofts

Sales began during the grand opening weekend on Saturday, Jan. 11 and Sunday, Jan. 12 where there was seasonal hors d’oeuvres, craft beer and wine, music, valet parking, tours of the property and lenders on-site. These lofts are in the process of procuring its final FNMA approval and loans with as little as five percent down will be available for qualified buyers.

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

Existing amenities include a resort-style rooftop deck with pool, spa, private cabanas, sunning lounge, sitting and gathering areas, outdoor fireplace and privacy landscaping that overlooks the city skyline, a fitness center with state-of-the-art equipment, onsite, controlled parking, a formal reception lobby with secured access and 24/7 security.

Jan 16“What we have been able to achieve by preserving the historic elements and fine craftsmanship of this landmark building—and integrating those virtues with modern comforts and conveniences—offers outstanding and lasting value for prospective homeowners,” said the developers. “We are committed to creating sustainable, well-designed, and thoughtful places to live and work, and this is a project of which we are exceptionally proud. In this second and final phase of this loft project, buyers will experience the inimitable and authentic spirit and character of the building’s vintage past, as well as innovative amenities that exceed any other residential offering in downtown Los Angeles.”

164137_kitchenSelect residences will include oversized windows, private patios and balconies, two-story open floor plans, spacious closets and ceiling heights up to 18 feet. All lofts have interior details such as quartz kitchen countertops with custom wood cabinetry and Jenn-Air stainless steel appliance packages with gas ranges. Spacious bathrooms include oversized soaking tubs with ceramic tile walls, flooring and vanity lighting.

The lofts also incorporate new technology features like the convenience of Nest programmable thermostats and charging stations with USB ports. In reclaiming, renovating and repurposing this historic building, The developers are preserving elements of character while delivering the environmentally-friendly benefits of removing fewer raw materials from the Earth. These energy-efficient homes will utilize insulated dual pane windows and Energy Star appliances.

Several new amenities for owners are being added in the final phase including a gallery, a dynamic arts and events space curated by the community that features a versatile social space with handcrafted hanging chairs. Other new additions include a welcoming garden-themed outdoor lounge complete with green canopy, water fountain, fireplace, grills and intimate seating areas for dining and conversation. The open-air courtyard with foliage incorporates unique touches such as hammocks and love seats suspended from rafters and decorative lighting to add charm and style.

For More information on the location and to view this brand new loft building contact our team or complete the form below.

Corey Chambers, REALTOR® (213) 478-0499 Mobile

Business Hours: 9 AM to 8 PM every day coreychambers@yahoo.com

The #1 Downtown buyer’s agent, Corey Chambers is a Top 6 Realtor® with a Double Platinum award-winning, 5-star Yelp rated team.  J.D. Power Award 2012 – Keller Williams Realty ranked Highest in Overall Satisfaction for Home Buyers and Sellers Among National Full Service Real Estate Firms. DRE#01889449

HOME BUYING TIPS FOR LOFTS

Click on Photo to see Video of New Lofts
Click on Photo to see Video of New Lofts

New Lofts Buying Tips:

This weekend several buyers are viewing New Loft Properties.  As the new year begins to unfold, more and more buyers are making appointments and getting a head start on touring the downtown lofts that are available.  We love to show the new lofts and see the excitement in buyers eyes.

When we represent new buyers, we have several helpful recommendations so they can be prepared for successful bids and and avoid stress.  Usually buyers get the following information in a email as they start to tour lofts, today we wanted to share this knowledge.

IMPORTANT HOME BUYING TIPS:

20130921_114001_HDRThe number one tip is you must bring a downtown loft specialist to your very first viewing.     Sellers often require it and you need an agent representing your interests.

Our free home buyer consultation is your first step to a successful home purchase.  Because we specialize in Lofts, we can tell you what to expect, both the good and the bad.  While being enthusiastic and energized is a good thing, and buyers may not want to hear bad news for fear of loosing enthusiasm, we believe that understanding fully what is going to happen in a purchase will fight against buyers remorse and help a person be fully satisfied with a purchase of new home.

Place your highest and best offer on the very first day of a listing.  Prices and terms are negotiable.  You may ask the seller to pay some of your expenses such as closing costs.  If you ask for too much, you may lose to another offer.  Waiting to see how other buyers act in the market is a mistake it often leads to missing the opportunity to purchase the loft that you want the most.

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

164137_livingroom

Most purchases entail delays and unexpected miscellaneous expenses.  Some transactionsfail after incurring expenses for the prospective buyer.  Some borrowers are unable to obtain financing.   By experience of working with lenders, it pays to work with lenders that are experienced in lending that is specifically designed for lofts.  While we have a preferred lender and would highly recommend them, if you have a lender there are several questions you should be asking them.  When you meet with us for a free consultation we can help you prepare questions for you lender.

  • Delays are common.  Be sure to allow plenty of extra time for moving, and extra money for unanticipated costs.
  • Ensure that the seller has installed a carbon monoxide detector before the inspections.
  • HOA move in fee, move out fee and HOA move in security deposit are often required; ask HOA for details.  A move in appointment and information form is required by most HOAs. 
  • Electricity may be turned off before or right after your purchase.  Contact the HOA well in advance to make move in arrangements.
  • Call DWP to turn on your electricity ladwp.com 800-dial-dwp 
  • SoCal gas 1-800-427-2200

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The #1 buyer’s agent team in Downtown Los Angeles often gets exclusive access to new construction loft buildings well before other agents and their clients are able to get in.  New lofts are coming to Downtown Los Angeles.  Take advantage of this rare opportunity by registering for the New Loft Mailing List below:

Corey Chambers, REALTOR® (213) 478-0499 Mobile

Business Hours: 9 AM to 8 PM every day coreychambers@yahoo.com

The #1 Downtown buyer’s agent, Corey Chambers is a Top 6 Realtor® with a Double Platinum award-winning, 5-star Yelp rated team.  J.D. Power Award 2012 – Keller Williams Realty ranked Highest in Overall Satisfaction for Home Buyers and Sellers Among National Full Service Real Estate Firms. DRE#01889449

 

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

 

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