Good News in the Downtown Loft Market: Spring has Sprung

This 2022 spring and summer sales picture is looking better than last year according to new data

Downtown LA real estate is making some positive improvements. According to data from Redfin, DTLA homes are selling sooner and faster than they sold in the same period last year. And more units are selling. Also, prices are down. Over the last few years, so much uncertainty froze the market. This 2022 Spring-Summer sales period is full of welcome news for buyers and sellers alike. Sellers can see a path to make a sale happen and buyers are looking forward to finding affordable lofts. The Loft Blog’s latest numbers differ significantly from Redfin’s. Take a look at the updated L.A. Loft Blog Real Estate Market Report May 2022, which shows more evidence of stagflation.

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HAPPY PRIDE MONTH FROM The L.A. Loft Blog and Arroyo Insurance

One unit that LALoftBlog was listed during the slowest period appears to have found new interest from buyers and renters after going off the market due to lack of interest. See a video tour here. Congratulations to the lucky resident in the Little Tokyo Lofts! #affordablelofts #DTLA

Do you feel confident about selling or buying in DTLA? Leave a comment here.

Looking for an affordable Downtown Los Angeles Loft with real character? Fill out this online form:

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Copyright © This free information provided courtesy L.A. Loft Blog with the information provided by Corey Chambers, Realty Source Inc, DRE 01889449; MPR Funding Inc NMLS 2000513. EAC1983 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 are subject to prior sale or rental. This is not a solicitation if the buyer or seller is already under contract with another broker.

Mission District Lofts

812 Fremont Ave, South Pasadena, CA 91030

MISSION DISTRICT LOFTS FOR SALE | FOR LEASE | UNLISTED | SOLD

Mission District Lofts historic residential condominium complex was originally the Oneonta Transfer and Storage Building. Constructed in two phases, the first and larger building was built in 1925 as a three-story, concrete office and warehouse. In 1946, this building was expanded to increase the warehousing capacity of the facility with docks and bays added to allow trucks access to the interior for the unloading of cargo. Just prior to 1953, an adjacent residences was replaced with a crate storage yard, later converted into an asphalt parking lot. Over the years, the building has been home to the Oneonta Transfer Company, Astro Moving and Storage, South Pasadena Record and Storage, and Old World Flowers and Gifts. Suffering from neglect, this piece of local history remained, as built, without improvements, until 2001 when the Mission District Lofts Project was proposed as a residential loft and retail structure. | VIDEO TOUR

Slated for occupancy in June 2003, this massive renovation included the addition of 20,000 pounds of structural steel and 1,000 square feet of ten-inch thick 3,000 psi structural wet-mix concrete. 32 expansive, commercial grade, double insulated windows, skylights, rooftop suites, and balconies with pedestrian rated deck coatings flood the interiors with light and exploit the dramatic views of the San Gabriel Mountains to the North, the city to the East and the hillsides of the Arroyo to the West.

The Mission District Lofts epitomize the promise of loft living- the freedom of an open environment that lets you live the way you choose, unconfined by the walls and rigid floorplans of traditional dwellings. A way of living that represents an unique esthetic, at once old and new, functional and comfortable that encourages you to express your own, personal style.

The development consists of 17 well appointed residential lofts, they have open floor plans with exposed concrete columns and ceilings, plumbing and ductwork. While remaining true to the original character of the building, they also benefit from entirely new, modern, electrical, plumbing, heating and air conditioning systems. There are eight two-story units and nine flats, ranging in size from 1,150 sf to 1,700sf.

All units feature engineered, hardwood floors, separate heating/air conditioning systems and steel interior stairways. Kitchens and bathrooms are fully appointed with maple cabinetry, granite counter tops, stainless steel GE Profile appliances and Grohe fixtures. Ten units have private, outdoor patio areas.

Ample guest parking is available and every unit has two, assigned, covered parking spaces in the new, adjacent semi-subterranean parking structure.

Get a free list of Mission District Lofts for sale or for lease, along with similar nearby properties. Fill out the online form:

MISSION DISTRICT LOFTS FOR SALE | FOR LEASE | UNLISTED | SOLD

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, DRE 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.