ASK COREY
Q: What happened to Alta Lofts this week?
A: Alta Lofts unit 120 caught fire, filling the courtyard and neighboring units with smoke. We’re told that it may have started in or near a bed in the upstairs area loft of the 2-story loft condo unit. The unit has been a problem unit for a number of years, with the owner apparently having left the country, and the tenant using the unit for unlawful industrial purposes. Fortunately, the fire sprinklers worked, and put out the fire. The basement flooded, causing damage to the fitness room gym. The HOA has been largely overlooking many maintenance problems and ignoring hundreds of violations, such as unlawful industrial use, 24/7 industrial noise complaints, constant unpermitted construction and extreme industrial storage in the unit and in Alta walkways. The lack of rules enforcement by the HOA likely contributed to the problem, a danger that really had been smoldering for several years.
On a side note, Alta lofts unit 109 just leased out for around $2,750.
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Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Broker CalDRE 01889449. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.
