For Sale – Many potential loft and condo buyers visit LAloftBlog.com to see Downtown Los Angeles property listings of properties for sale and for lease. Sellers also contact us to sell lofts because we have more than 600 buyers in our database, allowing sellers to get more money faster with guaranteed results*.
Newer, larger, nicer townhouse style condos have taken shape overlooking Downtown L.A. with views of the skyline and the park. #newhomes #dtla
Situated above the city, the new gated community energizes creativity and accelerates momentum of an active life. The sparkling 3 story townhomes deliver stunning views, stylish interiors and easy access to work and fun. Best of all, the price per square foot is lower than most Downtown LA lofts. | INTEREST LIST
Receive free information about new homes. Get on the new homes interest list. Fill out the online form:
Some of the most amazing industrial live/work lofts are not on the internet. These pocket listings and other unlisted lofts are often the very best deals. Get a free list of off-market lofts and condos for sale. Fill out the online form:
L.A. Loft Blog readers have proven to be the most intelligent and successful of all home buyers, sellers, renters and landlords. What can we learn from LA Loft Blog readers? What are the things that we should absolutely not miss?
They are the captains of industry. They are among the world’s greatest artists, and, combined, they have a million times more knowledge about real estate than do our super experienced blog writers. L.A. Loft Blog readers are winners of Emmys, Grammy’s and Academy Awards. They are CEOs of the world’s most notable companies. We’ve learned to watch and listen very closely to what the Loft Blog users are thinking, reading and pursuing. Downtown loft and condo owners have an average net worth that has skyrocketed. Together, they have gained nearly $2 billion in equity over the last 5 years. To help others get a huge boost in their real estate pursuits, here is a list of the Top Ten most viewed topics: #millsact #lofts #forsale
Real Estate News
L.A. Industrial Conversions Coming Up For Sale
New Homes in Downtown L.A. Under Construction
Historic yet spankin’ new and glistening clean stylish urban homes with the latest architecture and most modern conveniences combine with new loft conversions, newly remodeled historic and industrial buildings converted to modern urban live-work residences, all coming to DTLA. #newlofts #dtla #newhomes
New Downtowners and investors love it when old historic and industrial buildings are converted from useless dilapidated structures into repurposed residential live/work lofts with open space, lots of oversized windows and natural light, in the best walking areas near shopping, dining, entertainment and transportation. From 2000 to 2014, more than 20 buildings were converted. But in the last 3 years, there have been only modern construction condos, along with thousands of new apartment rentals not available for purchase. The good news is that this trend is changing.
The most recent loft conversion was Barker Block Warehouse One in the Arts District of Downtown Los Angeles. That was more than 3 years ago.
New Lofts Downtown LA
Where are the new Lofts in Downtown Los Angeles? When Barker Block Warehouse 1 opened in 2014, there was a mad rush on the very first day of sale, with more than 2,700 home seekers for less than 20 available units. The seller had a huge advantage.
New Constructon Lofts Downtown L.A.
While the neighborhood suffered from a glut of unsold properties 6 years ago, Downtown L.A. today is today experiencing a dramatic shortage with just a tiny inventory of affordable homes for sale. The lowest priced cool loft jus sold last month for $348,000 for 500 sq ft at the SB Grand lofts building. For slightly larger medium sized lofts, the cheapest entry level lofts have tripled in price from around $150,000 in 2011 to around $450,000 today. There is currently one loft that is 860 sq ft asking just $412,000 at the SB Grand.
Successful buyers today must take advantage of the most powerful strategies to find bargains around Downtown. Today’s smartest buyers check out the REO bank-owned foreclosures, short sales, distress sales, fixer uppers, raw lofts, as well as the nearby lofty condos and houses with character outside of Downtown LA. For those who want to live in the heart of Downtown, new construction and unlisted properties have most recently provided the best solution. Pocket listings and other unlisted lofts have accounted for more than 30% of the best deals in the past 5 years.
New L.A. Loft Construction
There is hope for buyers who need to see more properties for sale. Home buyers have had found the most amazing lofts and the best prices when they were able to see as many amazing lofts and condos as possible, including those that are not on the internet.
New Lofts Coming to Downtown – Find Out When and Where, and get email notification when new lofts are announced, along with lofts that have been converted to condominium specifications, but not sold yet, like these:
Barker Block Warehouse One – SOLD
Title Guarantee Building
Brockman Building MORE
The L.A. Loft Blog has the scoop on the loft rental buildings that are most likely to come onto the market for sale in the near future, including:
Luxury Loft Tower
Historic Furniture Warehouse – SOLD
Luxury Historic Lofts
Historic Core Flats
Luxury Restaurant Row Historic Lofts
Historic Core Loft Tower with Balconies
Shopping and Restaurant Arcade Lofts
Pershing Square Historic Loft Building
Other loft buildings going condo and new construction lofts: Get a free hotlist of new lofts coming up for sale, with loft rental buildings that are rumored to be going condo in the future.
Be among the first to be notified of new lofts coming up for sale. Also receive lists of Downtown distress sales, unlisted lofts, short sales, raw lofts and sold lofts for comparison. Get invited to see new lofts under construction, loft condo conversions and loft buildings going condo.
Anyone interested in new Downtown lofts can request property descriptions, photos and an early viewing. Beat out other buyers to the best new lofts and best deals by getting on the New Lofts Interest List. Fill out the online form:
Downtown is so easy and affordable compared to some places. In West Los Angeles for example, investors will spend hundreds of thousands, sometimes more than a million dollars to remodel or tear down an existing home to make a profitable investment by creating a beautiful and popularly desirable home. The good news is that live/work lofts are much easier and cheaper to transform because the sturdy building does not need to be torn down or remodeled substantially.
In fact, decorating a drab loft and brightening up a dark condo are possibly the cheapest and most effective fixes that home buyers and investor can possible do. There are right ways and wrong ways to do them. For maximum return on investment, the lighting and decor should be picked out by a professional urban interior designer. #lofts #dtla #info
NO WINDOWS? NO PROBLEM
Whether a condo has big bright windows or no natural light at all, filament lamps with dark steel pipe conduit are perfect and popular today for most historic industrial lofts because, in addition to the remarkable historic-meets-modern design, the color and style match and blend in perfectly with existing concrete and exposed plumbing. Add track lighting and additional decorative lighting, and the natural light problem is successfully solved by the right solutions.
Lofts in Downtown Los Angeles are inherently very cool, hip and stylish due to their high ceilings, stand-out character and unique features, so the furniture and decor should match with an energetic vibe or urban chic theme. Prominent artwork, avant garde decor, cutting edge furnishings (economical buys from Ikea usually fit in just fine) and perhaps something whimsical or DTLA-practical such as a mounted bicycle would all fit perfectly in an historic or industrial residential interior. For dim lofts with insufficient natural light, skip the suburban Home Depot stock and instead upgrade to lighting from Restoration Hardware that will provide the substantial “WOW” factor required to make the awesome loft complete. While a loft with amazing views should be decorated with classy, minimalistic style so as not to distract from the views, lofts that lack a nice external view should be decorated fully with dramatic art, decorative furniture and awe-inspiring lighting that provide a rich, full and eye-delighting visual experience. For a few thousand dollars or less, the boring abode has been transformed into a compliment-inducing dream loft and wise investment.
LIGHTING FIXER ALERT
Here’s a loft that matches the perfect criteria for a superior investment: a neighborhood that is transforming from blight to luxury, and a loft unit that only needs some simple touches of an interior decorator and their lighting electrician to transform from boring to brilliant, from cave-like to captivating and from so-so buy to super successful investment:
312 W 5th St #307 SB Grand Lofts Downtown L.A. 860 Sq Ft
Enjoy Downtown life in a spacious historic open floor plan. Modern open loft with fantastic NYC-like character on Broadway and Historic Core. Private balcony facing original brick courtyard. Modern kitchen with stainless steel appliances. Wood floors. Washer and dryer in unit. Large soaking bath tub. Open and airy living space with high ceilings, A/C and heat. Excellent downtown location near Farmers Market, Grand Central market. Minutes to Whole Foods, Ralph’s and great shopping and dining. The building features 24-hr security front desk concierge, fitness room, rooftop sun deck, pool, hot tub with panoramic views of the Downtown Los Angeles skyline. Wired for cable and Internet. Low HOA dues. Pets okay. Great for Downtown live/work! Parking in building available. By Metro station, Pershing Square concerts in Summer and ice skating Winter. Stroll through the renaissance of Broadway, with coming street car as part of the Bringing Back Broadway project. | DETAILS
Get free information about Downtown Los Angeles neighborhoods, buildings, lofts condos and nearby houses. Fill out the online form:
REAL ESTATE NEWS — The average loft in Los Angeles sold for $699,475 in 2017 (median price $622,500 in the last 12 months). The prices are expected to increase next month as throngs of loft home shoppers come out for the new year with a resolution to change their lives while also improving the lives of others. They will be bidding against each other, driving up the the price, while many prospective buyers will find themselves outbid on their dream loft.
DOWNTOWN REAL ESTATE MARKET
The average loft was on the market for 64 days (52 median days on market). The best deals go fast. In fact, more than 31% of the lofts sold in less than 30 days, at an average of more than 100% of asking price. The under $700,000 price range is the most popular. Sellers in DTLA are happy with their superior investments, and they are not letting their homes go cheap. In a competitive marketplace like Downtown L.A., buyers who don’t have unlimited money will need to have the right plan, strategies and tactics to get the most amazing loft and the best deal. #popular #lofts #dtla
Buyers save big on property taxes with historic Mills Act lofts. Get a free list of the most popular Mills Act lofts in Downtown 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
Black Friday Sale on Downtown L.A. Lofts until December 31, 2017
REAL ESTATE NEWS: The best deals on Downtown LA lofts have always been during the holidays, when the smart, savvy buyers take advantage of the fact that most competing buyers are out of the market and not in the game during the holiday season. And WOW!!!! When’s the last time we saw a Black Friday sale with $50,000 off? This is a holiday sale that investors will absolutely love. Those who are considering buying a home in November or December are in the minority because humans are like lower animals in that they make fewer big moves during the winter. For the few who are thinking about moving or investing in a property, the time between Halloween and New Year’s Eve can be the very best time to get a super deal because there are fewer competing buyers. When an offer is placed on an amazing loft, condominium or house during this time, the offer is more likely to be accepted. Beginning January 2, everything changes. The inventory only goes up a tiny bit, while the number of buyers explodes in DTLA. For those who wait until after the new year to get started, they will find themselves caught up in an exciting (and expensive) auction effect that drives up prices due to the large number of buyers trying to outbid each other. #blackfriday #lofts #dtla
$50,000 Home Purchase Savings Guarantee
For those homebuyers who not only want to find the home that perfectly suits their needs and desires… but to also purchase their dream home for the lowest possible price: Accomplish both of these goals; and here’s how it works:
Purchase a home for at least $50,000 less than the listed asking price guaranteed, or get $6,000 cash at the closing of the sale. This guarantee applies to homes over $800,000 going into escrow by Dec 31, 2017.
That’s pretty straightforward isn’t it?
This offer will not last. To get details on how to get the Black Friday $50,000 Home Purchase Savings Guarantee, request more info filling out the online form:
While nothing in downtown Los Angeles is really cheap anymore these days, we can still find comparative bargains with the lowest price per square foot for a nice open loft with industrial character and amenities such as rooftop sundecks, swimming pools and hot tub spas, along with 24 hour security sent desk concierge. #affordable #lofts #DTLA
Some of these low priced lofts for sale are in of the most walkable neighborhoods of downtown Los Angeles near shopping, dining, bars and pubs, entertainment and public transportation. Some have upgraded flooring while others have covered parking included. THE TOP 10 LIST STARTS WITH THE SB GRAND AT 312 W. 5TH ST. #307, FOLLOWED BY ALTA LOFTS AT 200 N. SAN FERNANDO RD. AND LITTLE TOKYO LOFTS AT 420 S. SAN PEDRO ST. CLICK ON THE LINK TO SEE THE FULL REPORT IN PDF FORMAT.
Many buyers looking for lofts in Downtown Los Angeles discover bigger, nice, cheaper lofts at Alta Lofts in Lincoln Heights / Chinatown by Elysian Park and DTLA. #altalofts #losangeles #justlisted
HOT LOFT ALERT
Open and airy, top floor, corner unit with breathtaking panoramic views! Real live/work loft in the architecturally significant Alta Lofts, designed by Brooks + Scarpa, with the top two floors added in 2009. Unit features huge, floor-to-ceiling windows, wood floors, gas range, dishwasher and in-unit washer/dryer thoughtfully hidden away. Ideal location within the building and only one shared wall. One private (and huge) balcony and another semi-private balcony that offers “peek-a-boo” views of the fireworks from Dodger Stadium. This building really does have it all: gated entry, secure parking for one car (plus guest parking), a gym, BBQ area, community room, bike storage and well maintained common areas. Building is pet friendly. Evening security from 6PM-6AM. HOA includes electric, gas and trash! Very close proximity to Downtown LA, convenient to the 5 & 110 freeways and only .5 mile to the Lincoln/Cypress Metro Gold Line Station; also very close to the LA River bike trail, hiking trails, Chinatown and the LA State Historic Park, that recently re-opened after its 20-million-dollar renovation. This is the ideal alternative to a DTLA condo! | JUST LISTED
Be the first to know about hot, new loft listings in and around the Downtown L.A. area. Get a free list of Just Listed lofts and condos. Fill out the online form: