Downtown Los Angeles New Homes Under Construction – New Lofts Interest List

Real Estate News
L.A. Industrial Conversions Coming Up For Sale

New Lofts Downtown Los Angeles Under Construction
New Lofts Downtown Los Angeles Under Planning and Construction

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 LOFTS

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.

New Lofts Downtown Los Angeles
New Lofts Downtown Los Angeles

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
Chapman 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:

LOFT & CONDO LISTINGS DOWNTOWN L.A.  [MAP]

Lofts For Sale     Lofts For Rent Lease Downtown Los Angeles DTLA    

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

Downtown Los Angeles New Homes For Sale
Downtown Los Angeles New Homes For Sale

 

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.

Downtown Los Angeles Lofts Historic Core Live/Work Industrial Cheap Fantastic Fixer

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.

Industrial live/work loft with filament lamps
Industrial live/work loft with filament lamps

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.

Combine track and decorative lighting to transform dismal to delightful
Combine track lighting with decorative lighting to transform dismal into delightful

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:

Downtown Los Angeles live work loft in the Historic Core
Downtown Los Angeles live work loft in the Historic Core

312 W 5th St #307 SB Grand Lofts Downtown L.A. 860 Sq Ft

Open live/work loft with private balcony
Spacious open live/work loft with private balcony

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

SB Grand Lofts Unit #307 - Best deal in Downtown at $470 /sq ft
Best loft deal in Downtown at $479 /sq ft

Get free information about Downtown Los Angeles neighborhoods, buildings, lofts condos and nearby houses. Fill out the online form:

Filament and pipe lamp
Filament and pipe lamp