Tag: for sale

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*.

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Downtown Los Angeles Takes Over Silicon Beach

Silicon Beach Moves to Downtown L.A.

Tech Moves Up to Downtown
Tech Moves Up to Downtown — Collab

REAL ESTATE NEWS:  While Downtown LA is more than 10 miles inland from the ocean, the neighborhood of Silicon Beach includes all of the tech industry neighborhoods anywhere around the L. A. Basin, according to Wikipedia.  Besides some of the world’s best weather, L.A. has other super attributes that keep attracting more and more residents. Diversity of industries and diversity of human resources talent creates unmatched economic strength and fulfilling standard of living.  Despite soaring taxes and sprawling homelessness, DTLA continues to attract more and more high technology companies.  #dtla #lofts #market

In one of the biggest business relocations in the area this year, real estate engineering firm Arup is moving its regional offices from Playa Vista to Downtown’s newest skyscraper Wilshire Grand Center. Arup agreed to occupy three floors, a total of 66,000 square feet, in a 15-year lease valued at $57 million, reports Colliers International. This monumental rental reflects a recent trend of downtown stealing important companies away from popular areas like Playa Vista, and even trendy neighborhoods on the Westside and in Hollywood.  |  Los Angeles Times

DOLLAR WISE  —  Downtown rent prices have been increasing as the modern neighborhood infrastructure and amenities improve, but rents are still significantly less than those on the Westside. Downtown landlords are asking for about $3.55 per square foot per month, compared with $5.78 per sq ft in Santa Monica and $5.53 in Playa Vista. The average residential condominium lease in DTLA last month was $3.14 per square foot.

Arup’s announcement comes just days after tech guru Elan Musk’s initial proposal for a high-speed car-skate tunnel network under Los Angeles that will connect to 700 MPH hyperloop transportation.

Variety reports on why tech companies like Collab are moving to DTLA.

DTLA PEOPLE AND LOFTS:  New residents and highly educated human resources have been streaming into downtown at an increasing rate for the past 20 years. Many are particularly fond of the past American business stories and irreplaceable character of historic and industrial lofts, along with comfy traditional condos and new, super luxury high-rise condominiums for sale.

Downtown Los Angeles is today part of Silicon Beach. This once-blighted little urban center is now a skyrocketing start-up pocket that continues to attract billions upon billions in capital. Welcome to the beach where each countless grain of sand is soundly represented by a creative dream come true.

Find out what the home down the street sold for

FIND OUT THE TRUE PRICE  —  Find out what homes in Downtown Los Angeles sold for.  Get a free list of lofts and condos recently sold, photos and descriptions, along with just listed lofts for sale. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

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High Tech Moves Downtown
High Tech Moves Downtown

Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.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.

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Downtown Los Angeles Lofts – Why Buying is the Right Choice.

630 W 6th Street court yard
630 W 6th Street court yard

The Cost of NOT Owning Your Home

Owning a home has great financial benefits, yet many continue to rent! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for as long as America has existed.

Zillow recently reported that:

“In reality, buying or renting a home is an intensely personal decision, with emotional and even financial considerations that go beyond whether to invest in this one (admittedly large) asset. Looking strictly at housing market numbers, there is a concrete point at which buying a home makes more financial sense than renting it.”

What proof exists that owning is financially better than renting?

  1. We recently highlighted the top 5 financial benefits of homeownership:
  • Homeownership is a form of forced savings.
  • Homeownership provides tax savings.
  • Homeownership allows you to lock in your monthly housing cost.
  • Buying a home is cheaper than renting.
  • No other investment lets you live inside of it.
  1. Studies have shown that a homeowner’s net worth is 44x greater than that of a renter.
  2. Just a few months ago, we explained that a family that purchased an average-priced home at the beginning of 2017 could build more than $48,000 in family wealth over the next five years.
  3. Some argue that renting eliminates the cost of taxes and home repairs, but every potential renter must realize that all the expenses the landlord incurs are already baked into the rent payment– along with a profit margin!! #LOFT #DTLA

Bottom Line

Owning your residence has always been, and will always be, better from a financial standpoint than renting.  Now you understand the value of owning have a look at this downtown Loft located at: 630 W 6th Street  Los Angeles, CA 90017

Location! Location! Location! This desirable demanding condominium is in the heart of Down Town Los Angeles. Right next to the Library. Conveniently living around shopping, restaurants, offices, public library and transposition. This sleek turnkey unit includes stainless steel appliances and one parking space. Amenities include GYM, Media Room, Sundeck and 24/7 concierge. It is offered to sale as it is condition. The entire complex was renovated in the late 1990’s

For more guidance in shopping for a Downtown Los Angeles Loft sign up for a free list of available properties.  Fill out the request form here

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  Lofts For Sale     Map Homes For Sale Los Angeles

SEARCH LOFTS FOR SALE  Affordable  |  Popular  |  Luxury  |  Sold
Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking

630 W 6th Street interior
Awesome interior

Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.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.