Biggest mistakes being made today by buyers of new lofts:

Biggest mistakes being made today by buyers of new lofts:

Purchasing a loft property is often times different from purchasing a house or a condominium. ¬†The best way to protect yourself from making mistakes that can’t be reversed is to bring a buyer’s agent. ¬†Corey Chamber’s team offers years of experience specifically in Downtown Los Angeles and specifically with Lofts. ¬†The following is a list of common mistakes buyer’s make and mistakes that Corey’s team can help you avoid.

1. Paying too much for the new lofts

2. Not using downtown loft specialist buyers agent

3. Not bringing agent with on first visit

4. Not finding out about defects in building

5. Not having the right strategies to negotiate with the seller

6. Not finding out about potential conflicts with HOA management and owners

7. Not finding out about potential health hazards near the building

8. Not seeing the alternative resale properties, including pocket listings, unlisted and unadvertised properties

Our free home buyer consultation is your first step to a successful home purchase.  Because we specialize in Lofts, we can tell you what to expect, both the good and the bad.  While being enthusiastic and energized is a good thing, and buyers may not want to hear bad news for fear of losing enthusiasm, we believe that understanding fully what is going to happen in a purchase will fight against buyers remorse and help a person be fully satisfied with a purchase of new home.

GET A FREE HOTLIST OF SECRET LOFTS AND CONDOS IN DOWNTOWN L.A.

Get full representation at no charge to you.

Call Corey Chambers to make an appointment to see the new lofts (213) 478-0499

DOWNTOWN LOFT & CONDO LISTINGS:  FOR SALE  |  RENTALS  |   VIDEO (Preview)

Corey Chambers, REALTOR¬ģ

(213) 478-0499

coreychambers@yahoo.com
GET PRIORITY ACCESS TO SECRET, UNLISTED LOFTS IN DOWNTOWN!
http://www.LAloftBlog.com

L.A. Loft Blog, 200 N. San Fernando Rd., #119, Los Angeles, CA 90031

Fab 5 Top Props – Hot Properties in Downtown Los Angeles

Fab 5 Top Props – Hot Properties in Downtown Los Angeles

Over the past weeks our new client contacts have overwhelmingly been interested in 5 properties.  The most interest on specific properties have been the Textile, Hope Street and Alta Lofts.  Also, along with these 3 specific properties our team is getting a huge interest in our pocket listings and inquiry of the new lofts being built in Downtown Los Angeles.

Read about these properties below, see our videos of these properties, and learn about how  our team can help you find the loft that is right for you.  Call Corey Chambers to make an appointment to see the new lofts (213) 478-0499.

Week of July 7, 2014:

1)   312 W 5TH ST #304  SB Grand (lowest price 2-bedroom with view, balcony)

DOWNTOWN LOS ANGELES SB GRAND LOFT FOR SALE AMAZING VIEWS, 2 BEDROOM, ROOFTOP DECK, POOL 312 W 5th St, 90013 Р740 Sq Ft 2-bedroom, 1 bath РOpen house Sunday 7/13 11:00AM to 1:00PM

Spacious ShyBary Grand loft unit with private balcony and amazing views of Pershing Square and Downtown skyline!!! High Ceilings with New York loft feel. CitiQuiet pentagon double windows block 90% of street noise. Stainless steel kitchen appliances. Large bathroom w/ oversized soaking tub, shower, built-in washer/dryer and vanity cabinet. 2 bedrooms with extra closets and cabinets. The building is located across from Pershing Square, with spectacular panoramic views of skyscrapers. Steps from the Metro, Spring St, 7th St Restaurant Row. Walk to Grand Park, Ralphs, Staples/LA Live, Little Tokyo. Pet-friendly building. Some of the lowest HOA fees downtown! Rooftop patio features 360 views with lounge area, pool and jacuzzi. In-building garage parking available. 24/7 lobby security concierge, dry-cleaning service and gym. Financing is now available with 20% down.

 

2)   801 S Grand Avenue, 12th floor luxury loft with panoramic views

801 S GRAND AVE 12TH FLOOR VIEW SKY LOFTS FOR SALE LOS ANGELES 90017
Not on the MLS! So take advantage of this exclusive pocket listing opportunity and get the lowest price in Sky Lofts on one of the best units! Enjoy comfort, style and views in this 1,330 Sq Ft 2-bedroom, 2-bathroom luxury Sky Lofts high-rise loft with private bedrooms, West and North views overlooking beautiful Downtown’s Financial District skyscraper skyline. Each bedroom brings breathtaking views and a full bathroom (master has two sink basins, separate bathtub and shower) and walk-in closet. One bedroom separated by a corner, the other by a stunning designer sliding glass door. Secure, enclosed two parking spaces connected to building. Beautiful thick textured hardwood floors, 10 foot high finished ceilings, solid core / STC rated doors. Solar shades with black-out window shades. Upgrades include custom lighting, half with dimmers, additional outlets and switches throughout. Large gourmet kitchen with stainless steel appliances including gas range, Caesarstone counters, and sleek Italian cabinets. Bosch washer and dryer in unit. Pre-wired for Internet, phone and cable TV. Sky Lofts building features Sky Lounge, Sky Theater, Sky Fitness Center. Walk to shopping, groceries, Metro, pubs, restaurants.

Corey Chambers, REALTOR¬ģ(213) 478-0499
corey@laloft.org
http://www.SBgrand.com
L.A. Loft Blog, 200 N. San Fernando Rd., #119, Los Angeles, CA 90031
The #1 Downtown buyer’s agent with 19 successful buyer transactions closed in 2013, Corey Chambers is a Realtor¬ģ, and member of the Top 6 award-winning, 5-Star Yelp rated team. J.D. Power Award 2012 – Keller Williams Realty ranked Highest in Overall Satisfaction for Home Buyers and Sellers Among National Full Service Real Estate Firms. DRE#01889449

Get a list of more top properties at http://www.lacondoinfo.com or CLICK HERE

 

Price: $330,000
Beautiful 4 story contemporary condominium located near 5 Freeway and 110 Freeway. Spacious 2 beds …
Listing# 14728883
Bedrooms: 2
Bathrooms: 2
Square Ft.: 990
Price: $330,000
RARE ONE BEDROOM UNIT!! Quiet exterior facing unit at the end of the hallway sharing only 1 wall wit …
Listing# SR14134138
Bedrooms: 1
Bathrooms: 1
Square Ft.: 660
Acres: 0.626
Price: $344,000
True loft living at its best offered at the popular Alta Lofts. Here industrial heritage is infused …
Listing# SR14082779
Bathrooms: 1
Square Ft.: 1054
Acres: 1.45
Price: $349,950
Desirable and Spacious 2 Bedroom, 2 Bath Luxury Condominium in Puerta Del Sol Complex. Built in 2006 …
Listing# 14774747
Bedrooms: 2
Bathrooms: 2
Square Ft.: 990
Price: $350,000
****************ACCEPTING OFFERS*************SUBMIT YOUR HIGHEST AND BEST O …
Listing# 13692719
Bedrooms: 3
Bathrooms: 2
Square Ft.: 1350

 

 

 

For the week of 2/4/2014

1) Textile Lofts:

315 E 8th Street #402, Los Angeles CA 90014

TEXTILE LOFTS FOR SALE   |    TEXTILE LOFTS FOR LEASE

Cornell outside

The Textile home lofts are set in a complete urban living community in LA’s Fashion District. The building and neighborhood provide you with endless opportunities for shopping, fashion, art, entertainment, fitness, relaxation and networking. Get more out of LA Life. Tap into a location that’s bright, smart and alive with possibility.

To read more about the Textile Lofts Click Here.

2) Alta Lofts:

200 North San Fernando Road #208, Los Angeles CA 90031

Click on Photo for Video of a Alta Loft
Click on Photo for Video of a Alta Loft

ALTA LOFTS FOR SALE  |  ALTA LOFTS FOR LEASE

VFlyer (http://www.vflyer.com/home/home/flyer/270356002)

FJhnB-16uPv0M7V9F6-yfWFYyOvpHqR2cDqcaCAgFtoAlta Lofts is the only loft/condo in Lincoln Heights, they are genuine industrial lofts. Take a step away from the norm. Wander past where and what you know and discover ALTA Lofts, where remarkable open spaces take loft living to new heights within a dazzling and vibrant community alive with possibilities. Details matter at ALTA Lofts.

GET A FREE HOTLIST OF SECRET LOFTS AND CONDOS IN DOWNTOWN L.A.

Colors, cabinets, fixtures ‚Äď each has been thoroughly identified to work with each other to create a warm and friendly and inspiring living environment.

To read more about Alta Lofts click Here.

3) 655 S Hope Street #608 Los Angeles, CA 90017

655 HOPE LOFTS FOR SALE    |    655 HOPE LOFTS FOR LEASE

THE COOL JEWEL

v-viewsThe best location and modern amenities that LA has to offer.  655 Hope Lofts offers a state of the art fitness center,  a excellent business center, indoor parking and a roof top star gazer entertainment-deck.

Buyers will enjoy amazing views through the floor-to-ceiling windows and the volumetric feeling from 9 to 11 foot ceilings in each unit, never feeling confined when at home.

Each unit has 8 foot solid core doors, double wall insulation, wood floors, stone counters and all stainless steel appliances create elegance and comfort.

To read more about Hope Street Lofts click Here.

4) New Lofts:

New Lofts came onto the market this past weekend in Downtown Los Angeles. ¬†Corey’s team has been following the construction of this warehouse conversion. ¬†Many past blogs have been written to promote these new lofts. ¬†These lofts are located in¬†one of the hottest up-and-coming urban neighborhoods in the country. ¬†Out of the 5,000 units under construction in Downtown Los Angeles, the new loft units only represent about 1% of the total! Given the low supply and the pent-up demand for new condos/lofts, you can only imagine the buyers‚Äô interest this is bringing.

These loft units range in size from 679 to 2,000 square feet.  Twelve units will be open-style loft units ranging in size from 679 to 995 square feet and the remaining three units will be stunning two-story townhomes ranging from 1232 to 1355 square feet. Prices will start in the low $400,000 range.

Amenities onsite will include a gallery breeze-way; an outdoor lounge with green canopy, a water fountain, fireplace, and seating areas; and the outdoor furnished courtyard that was created by removing the original warehouse roof exposing the historic wooden trusses. The property also includes a state-of-the-art gym and pool.

To read more about new lofts, click Here to read our blog.

5) Pocket Listing:

Corey’s team is contacted most often by purchasers that are interested in our pocket listings.¬†With 10 times as many pocket listings, Corey‚Äôs team has provided more than 100 unlisted properties, secret inventory not available to the general public.

164137_kitchenThese special properties are sold privately and have yet to be listed on the Multiple Listing Service (MLS).  Many property owners want to sell their real estate, but do not want the aggravation associated with showing the property.  This is especially true in the loft market where sellers of real estate want buyers, not just curious people. For over a year Downtown Los Angeles lofts have been virtually sold out.

To read more about our pocket listings, click Here to read our Blog.

Get full representation at no charge to you.

Call Corey Chambers to make an appointment to see the new lofts (213) 478-0499

signature-graphic-contact-1

DOWNTOWN LOFT & CONDO LISTINGS:  FOR SALE  |  RENTALS  |   VIDEO (Preview)
 
Corey Chambers, REALTOR¬ģ
(213) 478-0499
coreychambers@yahoo.com
GET PRIORITY ACCESS TO SECRET, UNLISTED LOFTS IN DOWNTOWN!
http://www.LAloftBlog.com
L.A. Loft Blog, 200 N. San Fernando Rd., #119, Los Angeles, CA 90031

New Lofts for Sale In Downtown Los Angeles – How To Protect Yourself

Click on Photo for Video of New Lofts
Click on Photo for Video of New Lofts

New lofts recently went up for sale.  Thousands showed up to see the new lofts.  The first release of 15 lofts sold out in less than two weeks.  The highly anticipated completion of these new lofts were shown to real estate brokers and their clients.  These lofts are located in one of the hottest up-and-coming urban neighborhoods in the country.  Out of the 5,000 units under construction, the new loft units for sale only represent about 1% of the total! Given the low supply and the pent-up demand for new condos/lofts, you can only imagine the buyers’ interest this is bringing.

The developer’s marketing hype was extraordinarily effective. ¬†Many of the buyers overpaid, and were not informed about all issues, pro and con, related to the building an developer. ¬†They joined previous buyer who paid too much 5 years ago, many of whom are still upside down and unable to unload their overpriced lofts.

IMG_3651Often times, important information is often not provided to buyers of new lofts. ¬†This is particularly true if the buyer does not use a buyer’s agent, or if the buyer uses an out of area agent. ¬†Most buyers should use a Downtown specialist realtor at no cost to the buyer to represent the buyer in their purchase of new lofts.

llEclQr6s6Xpfopw5bsas-ft1xRdK4ODbmXVxTR-Ui8Also, there can be previous issues with the developer with previous buildings, related legal issues, potential health hazards of neighborhood, lowest offer likely to succeed, lowest final sale amount likely to succeed, recent unposted comps and sold prices. ¬†Our team offers disclosure of strategies and tactics used by the developer, pricing strategies of seller, tactics and strategies to counter the seller’s strategies and to obtain the lowest price and best terms for the buyer.

GET A FREE HOTLIST OF SECRET LOFTS AND CONDOS IN DOWNTOWN L.A.

The number one tip is you must bring a downtown loft specialist to your very first viewing. Sellers often require it and you need an agent representing your interests.

Our free home buyer consultation is your first step to a successful home purchase.  Because we specialize in Lofts, we can tell you what to expect, both the good and the bad.  While being enthusiastic and energized is a good thing, and buyers may not want to hear bad news for fear of loosing enthusiasm, we believe that understanding fully what is going to happen in a purchase will fight against buyers remorse and help a person be fully satisfied with a purchase of new home.

Call Corey Chambers to make an appointment to see the new lofts (213) 478-0499

DOWNTOWN LOFT & CONDO LISTINGS:  FOR SALE  |  RENTALS

20130921_114001_HDR

For further information on the changes to Downtown Los Angeles see previous articles by LAloftblog:
 
Corey Chambers,¬†REALTOR¬ģ
(213) 478-0499
coreychambers@yahoo.com
GET PRIORITY ACCESS TO SECRET, UNLISTED LOFTS IN DOWNTOWN!
http://www.LAloftBlog.com
L.A. Loft Blog, 200 N. San Fernando Rd., #119, Los Angeles, CA 90031
The #1 Downtown buyer’s agent¬†with 19¬†successful buyer transactions closed in 2013, Corey Chambers¬†is a¬†Realtor¬ģ, and member of the Top 6 award-winning, 5-Star¬†Yelp rated¬†team.¬† J.D. Power Award 2012 – Keller Williams Realty ranked Highest in Overall Satisfaction for Home Buyers and Sellers Among National Full Service Real Estate Firms.¬† DRE#01889449

Arts District Downtown Los Angeles

Arts District Downtown LA  |  Neighborhoods  |   Buildings

Arts District Lofts and Condos:  FOR SALE  |  FOR LEASE

With new lofts coming onto the market next month, our team is writing a series of blog posts on the Districts of Downtown Los Angeles. ¬†If you are interested in purchasing a loft or just interested in the growing downtown area, it’s better to know the districts and loft buildings in each neighborhood.

The Arts District is full of industrial buildings that are now converted to modern lofts as well as newly constructed lofts for sale and for lease.

In the late 60’s and early 70’s, a handful of determinedly urban-minded artists saw opportunity in the empty warehouses and began colonizing the area, converting former industrial spaces into roomy working studios, renting space for as little as a nickel a square foot and carving out living quarters, inventing the concept of live-work spaces. The City of Los Angeles acknowledged the reality of the situation and in 1981 passed the Artist in Residence ordinance, which allowed artists to legally live and work in industrial areas of downtown Los Angeles.

Arts District Downtown Los AngelesArt galleries, cafes and performance venues opened as the residential population grew and although they are mostly a transient phenomenon, they have assumed mythical status among the urban pioneer population. Al’s Bar on Hewitt just off Traction, in particular, served up groundbreaking punk rock from the mid-70s through the beginning of the new century, introducing generations of Angelenos to dozens of emerging groups (among them, Pearl Jam). The Atomic Cafe on 1st Street at Alameda was a popular artists;’ haunt in the late 60s and early 70s. Los Angeles Contemporary Exhibitions (LACE), created pioneering post-modern exhibitions at its gallery space on Industrial Street. Riverrun, on Traction, created a regular series of challenging conceptual installations.

Today the Arts District remains the home of artists, arts enterprises and many employed in L.A’s vast film and television industry .  The celebrated Southern California Institute of Architecture (SCI-Arc), now resides in the 110 year old, quarter mile-long former Santa Fe freight depot that stretches along Santa Fe between Third and 4th Streets. SCI-Arc’s reputation as an experimental anti-establishment school of architecture is a perfect fit withthe community’s somewhat rebellious self-image and its student population helps preserve the areas youthful character.

GET A FREE HOTLIST OF SECRET LOFTS AND CONDOS IN DOWNTOWN L.A.

Arts District Lofts and Condos:  FOR SALE  |  FOR LEASE

 With approximate limits of Second Street to Seventh Street and Alameda Street and the LA River, surprisingly, the Southeast section of Downtown from end to end is totally walkable. in the Arts District, where the graffiti is the art! In the 1970s, the old, industrial warehouses in this district, many of them railroad buildings, were converted into art lofts for both work spaces and, once the AIR ordinance was passed, legal living spaces. Sprinkled amidst these perimeters are the makings of a community rich in character, socially conscious boutiques and some of the best restaurants and bars.

image

The area features an eclectic mix of restaurants, cafes, boutiques, and galleries.

The district has some of the best example of lofts, including:

Barker Block lofts (510 S. Hewitt St.  |  530 S. Hewitt St.), Biscuit Company Lofts (BISCUIT COMPANY LOFTS FOR SALE),  Gallery Lofts (120 S. Hewitt St.  |  130 S. Hewitt St.), Molino Street Lofts (500 MOLINO STREET LOFTS FOR SALE  |  530 MOLINO STREET LOFTS FOR SALE), Toy Factory Lofts, (TOY FACTORY LOFTS FOR SALE), Toy Warehouse Lofts, (TOY WAREHOUSE LOFTS FOR SALE).

LA Art Walk:

The free, self-guided, public art phenomenon known as The Downtown Art Walk¬† brings together art lovers and community friends to the ever evolving downtown Los Angeles. With exciting and unique offerings around every corner, downtown celebrates the arts each and every month on the 2nd Thursday. Please refer to your calendar for specific dates. Hours vary by gallery, but can typically range from Noon ‚Äď 10PM.

Many of The Downtown Art Walk activities take shape in and around the galleries predominantly on Spring and Main streets between 2nd and 9th streets. However, there is a plethora of art related events and openings, activities, and special programming that take place all over downtown.

For art buyers and true fans, arriving early offers a more relaxing stroll through the different galleries and art exhibits. As the evening progresses, more visitors descend on the area to meet up with friends and savor the local experience. Visitors and local downtowners can often be found patronizing the outcropping of local shopping, dining and entertainment establishments that have created the thriving, vibrant community.  The district has great restaurants and eateries that typify west coast culture!

Beat out other buyers to the best deals in the Arts District by getting priority access and proprietary information. The Exclusive Buyer Profile System saves Time and Money. Prospective home buyers simply say what they are looking for and get priority access to ALL homes that match their criteria, including Bank Foreclosures, Company Owned Properties and other Distress Sales.  No more wasted time looking at out-dated information in newspapers or searching the internet. Priority access allows home buyers to get there first before other buyers, so they can negotiate the lowest possible price and time is not wasted viewing homes that are not of interest. Get details at www.LALoftVIP.com

Lofts Downtown

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

  Lofts For Sale     Map Homes For Sale Los Angeles

SEARCH LOFTS FOR SALE UNDER $500,000 | Popular | Top Luxury
Browse by Building | Neighborhood | Size | Bedrooms | Pets | Parking

signat-corey-dtla-rsi.jpg

Your Home Sold GUARANTEED or I’ll Buy It*

Corey Chambers, REALTOR¬ģ
(213) 880-9910
coreychambers@yahoo.com
http://www.laloftblog.com/

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

Copyright ¬© This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449¬† Not associated with the homeowner’s association, seller 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.

Based on information from the Association of REALTORS¬ģ/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

 

Downtown Los Angeles Artwalk Draws Tens of Thousands Monthly
Downtown Los Angeles Artwalk Draws Tens of Thousands Monthly

 

New-Construction, For-Sale Housing Opportunity to the Downtown Los Angeles with Adaptive Reuse Lofts Priced from $400K

Click on Photo for Video of New Lofts
Click on Photo for Video of New Lofts

The only new-construction, for-sale housing opportunity in Downtown Los Angeles came on the market Jan. 11.

68 adaptive reuse lofts that will add an additional 72,599 square-feet to the existing 242 live/work lofts in the neighboring building that was completed in 2007.

Affordably priced from $400,000, the one- and two-story lofts are housed in a reinvented and restored early 20th-century Furniture factory and warehouse.  Preserving the building’s original details including exposed brick, heavy timber beams and columns, wood and concrete floors. One-story lofts range in size from 679 to 2,000+ square-feet while two-story lofts range from 1,134 to 1,300+ square-feet. Construction is nearly finished and set to go on the real estate market.

GET PRIORITY ACCESS TO SECRET, UNLISTED LOFTS IN DOWNTOWN!
http://www.laloftblog.com/new-lofts

Sales began during the grand opening weekend on Saturday, Jan. 11 and Sunday, Jan. 12 where there was seasonal hors d’oeuvres, craft beer and wine, music, valet parking, tours of the property and lenders on-site. These lofts are in the process of procuring its final FNMA approval and loans with as little as five percent down will be available for qualified buyers.

GET A FREE HOTLIST OF SECRET LOFTS AND CONDOS IN DOWNTOWN L.A.

Existing amenities include a resort-style rooftop deck with pool, spa, private cabanas, sunning lounge, sitting and gathering areas, outdoor fireplace and privacy landscaping that overlooks the city skyline, a fitness center with state-of-the-art equipment, onsite, controlled parking, a formal reception lobby with secured access and 24/7 security.

Jan 16‚ÄúWhat we have been able to achieve by preserving the historic elements and fine craftsmanship of this landmark building‚ÄĒand integrating those virtues with modern comforts and conveniences‚ÄĒoffers outstanding and lasting value for prospective homeowners,‚ÄĚ said the developers. ‚ÄúWe are committed to creating sustainable, well-designed, and thoughtful places to live and work, and this is a project of which we are exceptionally proud. In this second and final phase of this loft project, buyers will experience the inimitable and authentic spirit and character of the building‚Äôs vintage past, as well as innovative amenities that exceed any other residential offering in downtown Los Angeles.‚ÄĚ

164137_kitchenSelect residences will include oversized windows, private patios and balconies, two-story open floor plans, spacious closets and ceiling heights up to 18 feet. All lofts have interior details such as quartz kitchen countertops with custom wood cabinetry and Jenn-Air stainless steel appliance packages with gas ranges. Spacious bathrooms include oversized soaking tubs with ceramic tile walls, flooring and vanity lighting.

The lofts also incorporate new technology features like the convenience of Nest programmable thermostats and charging stations with USB ports. In reclaiming, renovating and repurposing this historic building, The developers are preserving elements of character while delivering the environmentally-friendly benefits of removing fewer raw materials from the Earth. These energy-efficient homes will utilize insulated dual pane windows and Energy Star appliances.

Several new amenities for owners are being added in the final phase including a gallery, a dynamic arts and events space curated by the community that features a versatile social space with handcrafted hanging chairs. Other new additions include a welcoming garden-themed outdoor lounge complete with green canopy, water fountain, fireplace, grills and intimate seating areas for dining and conversation. The open-air courtyard with foliage incorporates unique touches such as hammocks and love seats suspended from rafters and decorative lighting to add charm and style.

For More information on the location and to view this brand new loft building contact our team or complete the form below.

Corey Chambers, REALTOR¬ģ (213) 478-0499 Mobile

Business Hours: 9 AM to 8 PM every day coreychambers@yahoo.com

The #1 Downtown buyer’s agent, Corey Chambers is a Top 6 Realtor¬ģ with a Double Platinum award-winning, 5-star Yelp rated team.¬† J.D. Power Award 2012 – Keller Williams Realty ranked Highest in Overall Satisfaction for Home Buyers and Sellers Among National Full Service Real Estate Firms. DRE#01889449

Industrial and Commercial Loft Spaces

 Click on Photo to see Video of New Lofts
Click on Photo to see Video of New Lofts

Warehouse and factory conversion, and former office building and other industrial purpose buildings come with amenities that are highly sought after and make a unique and wonderful living space.   Modern repurposed loft spaces is what downtown is all about. Genuine lofts have big open spaces.   When genuine lofts are renovated from industrial buildings they they rough structures with huge areas and floods of lighting and upgrade and include living and commercial lofts with modern amenities.

GET A FREE HOTLIST OF SECRET LOFTS AND CONDOS IN DOWNTOWN L.A.

2014-01-09 16.11.51 When buyers consider modern or old lofts, they often think of old as being built in the 1990’s, or think modern was built in the last few years. ¬†Genuine lofts have rough walls and ¬†beams, new hardwood or polished concrete flooring, and possess some of the most modern kitchen and bathroom amenities. Many of these genuine lofts have multi-purposes. ¬† Retailers that have used the genuine loft conversions to operate their businesses in, have created multi-million private businesses that help market them in a unique space. 7043_large_vg1thmbGenuine lofts are cool! Cooler than a iPhone 6 gold, but not as cool as a virgin galactic flight purchased with Bitcoin!1883802a The¬†#1 buyer’s agent team in Downtown Los Angeles¬†often gets exclusive access to new construction loft buildings well before other agents and their clients are able to get in.¬† New¬†lofts are coming to Downtown Los Angeles.¬† Take advantage of this rare opportunity by registering for the¬†New Loft Mailing List¬†below:
Corey Chambers, REALTOR¬ģ (213) 478-0499 Mobile Business Hours: 9 AM to 8 PM every day¬†coreychambers@yahoo.com
The #1 Downtown buyer’s agent, Corey Chambers is a Top 6 Realtor¬ģ with a Double Platinum award-winning, 5-star Yelp rated team.¬† J.D. Power Award 2012 – Keller Williams Realty ranked Highest in Overall Satisfaction for Home Buyers and Sellers Among National Full Service Real Estate Firms. DRE#01889449

GET PRIORITY ACCESS TO SECRET, UNLISTED LOFTS IN DOWNTOWN! http://www.LAloftBlog.com

DOWNTOWN REAL ESTATE EXPLODES IN 2014! LOS ANGELES LOFTS, CONDOS, APARTMENTS AND COMMERCIAL BUILDINGS

Click on Photo for Video of New Lofts
Click on Photo for Video of New Lofts

Downtown Los Angeles is moving towards a historic renovation!

Over the next 12 months, Downtown Los Angeles will be the center  for building openings, groundbreakings to buildings construction and development milestones. In every district, from South Park to the Historic Core to the Arts District and others, area stakeholders will be celebrating the added value to their downtown properties.

Just 10 years ago lofts were islands of sophisticated living surrounded by urban decay, this year it is about to change forever.

New condominiums and New Lofts have been a rare thing in recent years in Downtown, as developers have tended to open their buildings as rentals.  However, plans to begin selling New Loft units begin at end of January.  Many in Downtown are watching the new projects closely, and if the prices go high enough, other under-construction rental buildings could flip to for-sale status.

Below is a list of the most important projects of 2014 that will change Downtown Los Angeles into a great city that it once was, permanently restoring the Downtown to a center that will rival New York, San Francisco, Chicago and other great cities of North America.

The-Broad-Exterior-RenderingThe Broad: Philanthropist Eli Broad’s $140 million art museum may be the most anticipated and important Downtown cultural project since the opening of Walt Disney Concert Hall in 2003.  Rising directly across from Disney Hall, opens in late 2014, though no specific date has been revealed. The striking structure, which will have free admission and 50,000 square feet of exhibition space, and is expected to create a new tourist boom, drawing thousands of local, national and international visitors to Grand Avenue.

Ace HotelAce Hotel: Everyone in Downtown is looking forward to Jan. 6, as that is the day that the uber-hip Ace Hotel will open and expected to instantly be a new anchor for the southern end of Broadway.   The Ace Hotel will join with the recently opened retail arrivals Urban Outfitters and Acne Studios, and provide customers for area restaurants Les Noces du Figaro and Umami Burger.  This project will give new life to the 1927 theater; it will include a 1,600-capacity performance space that will be christened on Valentine’s Day with a show by the English band Spiritualized.

GET A FREE HOTLIST OF SECRET LOFTS AND CONDOS IN DOWNTOWN L.A.

One Santa FeOne Santa Fe: The Arts District will forever be changed, and will be much more crowded, on the late summer or fall day that the $160 million One Sante Fe opens.  One Santa Fe is a 438-unit project with nearly 80,000 square feet of retail and commercial space to market. The development, just east of SCI-Arc, will also have a 47,0000-square-foot plaza and more than 800 underground parking stalls.  This retail area is set to draw people and create a lively shopping center that will bring national attention.

Wishire Grand ReplacementWilshire Grand Replacement: The replacement for the hotel on the northwest corner of Seventh and Figueroa streets won’t open for years, but on Feb. 15-16 it will be the site of what its developers claim will be the biggest cement pour in history.  For more than 20 hours, 2,100 trucks will pour 21,600 cubic yards of cement into the pit, completing an 18-foot thick foundation. The development team for the $1.1 billion project spent 13 months razing the old edifice and excavating the site in preparation for the tallest building west of the Mississippi. The 900-room, 73-story hotel/office tower being developed by Korean Air, a subsidiary of Hanjin International, is scheduled to be complete in 2016. Local firm AC Martin is Korean Air’s partner on the project.

Grand Avenue Plan:  Grand Avenue project is developed by Related Cos. and designed by architect Frank Gehry, containing two towers and a plaza across the street from the Walt Disney Concert Hall. Early plans call for an approximately 300-room hotel (Related is in talks with boutique chain SLS) and a 380-450 unit residential tower. Meanwhile, Related’s 19-story apartment tower south of The Broad art museum topped out in December; the building will offer 271 apartments and is slated for a late 2014 opening.

Los Angeles State Historic Park: The Downtown Los Angeles State Historic Park will close in mid-February for renovations that will last a full year. The shutdown is necessary because the approximately $20 million plan calls for simultaneous excavation and construction across the property in order to save time and resources. When completed, the 32-acre facility will have restrooms, an amphitheater, parking lots and seasonal wetlands.

1111 Sunset1111 Sunset:  Developer Linear City is wrapping up its conversion of the former Metropolitan Water District headquarters at 1111 Sunset Blvd. and should be ready for move-ins by February. Linear City paid $6.8 million for the seven-story edifice originally built in 1973 and designed by William Pereira. The project will offer 92 apartments ranging from 800-1,000 square feet. Each unit will have a balcony.

Marriott TowerMarriott Tower: The $172 million Marriott Tower in South Park is scheduled to open in July.  It will instantly strengthen Downtown’s tourism scene, with a 174-room Courtyard by Marriott and a 218-room Residence Inn in a 23-story building just north of the Ritz-Carlton/J.W. Marriott.

The Bloc
The Bloc

The Bloc:  In the first quarter of the year, the developer Wayne Ratkovich embarks on a $160 million renovation of Macy’s Plaza. The transformation of the tired shopping center/office/hotel complex fronting Seventh Street in the Financial District is slated for completion in late 2015.  The project will transform the brick fortress into a plaza with 400,000 square feet of retail and commercial space. Plans also call for 750,000 square feet of office space and a $40 million renovation of the Sheraton Hotel.

Jia Apartments: Chinatown is getting a massive mixed-use addition in the form of Jia Apartments. The $92 million, six-story project from developer Equity Residential is set to begin move-ins on Jan. 27, according to Jia’s leasing office. The complex at will offer 280 studio, one-bedroom and two-bedroom residences, along with 18,000 square feet of retail. The design by Thomas P. Cox Architects will offer 17-foot-wide sidewalks and a pedestrian plaza. It also will create a major new southern entrance to Chinatown and provide hundreds of customers for area restaurants and businesses.

Eighth and Grand and Whole Foods:  Work has already began on this massive 700-apartment complex.  Construction will rise above street level this year as the developer moves toward its anticipated opening date in 2015.   This project will include a Whole Foods that will be a 42,000-square-foot supermarket. Other high end retail and commercial tenants in the project is expected be announced this year.

950 Third Street:  Development is set on track to break ground this spring on 472 units in three buildings next to the Southern California Institute of Architecture.  Dilip Bhavnani, a managing member of Legendary, said the development on the six-acre site at 950 E. Third St. in the Arts District already has city entitlements and would be comprised of five- to six-story structures. Once it starts, construction would take about three years, with a first phase of 248 units.

Blossom Plaza: Chinatown developer Forest City Residential West moves forward on the $95 million Blossom Plaza.  The complex will feature 240 apartments (both market rate and affordable), 20,000 square feet of retail and an expansive plaza that will connect pedestrians from Broadway to the Metro Gold Line.  Blossom Plaza is slated to open in 2015.

G12G12: The South Park boom continues as ground breaks early this year on a $245 million mixed-use project.  The project, a three-acre site at 12th Street and Grand Avenue , dubbed G12, should take two years to build; it will have 640 residential units along with 40,000 square feet of retail space, a screening room and two pools. Plans also call for 740 bike parking spaces, yet only 595 slots for cars.

Mack Urban Project: ¬†In South Park this year, developer Mack Urban moves forward on a mega-plan to build a network of 1,500 residential units in buildings connected by green space and pedestrian plazas. Construction on the initial phase of the approximately $1 billion project could begin late in the year if the city approval process goes smoothly. In October Mack Urban ‚ÄĒ a new partnership that includes longtime Downtown developer Urban Partners ‚ÄĒ announced that it had purchased up six acres of prime land for more than $80 million.

Medallion 2.0: ¬†In the Historic Core the project is Farkhondehpour‚Äôs attempt to activate some underutilized retail space that never got filled when the mixed-use complex at Fourth and Main streets debuted in 2010. Now Farkhondehpour is moving toward community-serving uses ‚ÄĒ among them Big Mista‚Äôs Barbecue ‚ÄĒ instead of Toy District tenants. ¬† This year, Farkhondehpour is expected to refine his plans for a new round of building on the site ‚ÄĒ possibly creating another 400 residential units and a parking structure. Farkhondehpour is expected to break ground by 2015.

Avant:  One of the biggest projects in South Park scheduled to open this year is the Avant Apartments. The first phase of the complex at 1360 S. Figueroa St. is slated for a February debut and will offer 247 units. The adjacent 193-unit second phase (at 1420 S. Figueroa St.) began construction in late April and could wrap up by the fourth quarter of 2014. The buildings offer residential units above 11,000 square feet of combined retail space. They will also establish a new residences across from the Convention Center.

Eighth and Hope Apartments:  A 22-story tower is rising at Eighth and Hope streets in South Park.  A 290-unit edifice, which is slated for completion by the end of the year. The apartment complex will feature a pool deck, a six-floor garage and 5,000 square feet of ground-floor retail space.

Lotus Garden:   The $24 million development from Affirmed Housing, which is slated for a first-quarter opening, has 60 units with studio, one-bedroom, two-bedroom and three-bedroom layouts. It will serve tenants making 30%-60% of the Los Angeles County median income. One of the coolest things about the project is its automated parking structure. Known as the Carmatrix, the 17-stall machine lifts cars vertically and moves them horizontally, creating a space-saving, stacking effect.

Blue Line Getting a Massive Speed and Safety Overhaul: Metro announced on January 8th that they’ll spend $1.2 Billion on updates to the 23 year old blue line over the next 6 years. ¬†The new work should help cut down on delays for the 90,000 commuters who ride the LA to Long Beach train everyday. It includes new power stations, power lines, tracks and refurbished train cars. ¬†The 22 stations will get renovated with new canopies and fresh paint. ¬†Also, part of the funding will include new cameras, cops, and¬†safety signs.

$500 Million to help curb homelessness and poverty:  While not a not of swank or tangible improvement, this is a matter that lies close to my heart.  Since the early 20th century Downtown Los Angeles has a large homeless population.  As any resident of downtown will tell you it comes with the territory.  While nobody would want this problem to be dealt with in a heartless way, it is a matter that needs to be dealt with.  As development has boomed in Downtown Los Angeles Homelessness has been pushed into smaller and smaller areas.   The reason the homeless population stays in the Skid Row area, quite possibly could be that there are no alternative.  Earlier this week The Whitehouse announced to pledge $500 Million to pull the homeless population out of downtown Los Angeles.  This will create services and housing in the areas of Pico-Union, Westlake, Koreatown, East Hollywood, and Hollywood.  This is GREAT news.   The homeless population will be drawn out of the Downtown area with dignity and respect, and efforts to end Downtown Los Angeles as a center of homelessness will end for the first time in almost 100 year.

The¬†#1 buyer’s agent team in Downtown Los Angeles¬†often gets exclusive access to new construction loft buildings well before other agents and their clients are able to get in.¬† New¬†lofts are coming to Downtown Los Angeles.¬† Take advantage of this rare opportunity by registering for the¬†New Loft Mailing List¬†below:

Corey Chambers, REALTOR¬ģ (213) 478-0499 Mobile

Business Hours: 9 AM to 8 PM every day coreychambers@yahoo.com

The #1 Downtown buyer’s agent, Corey Chambers is a Top 6 Realtor¬ģ with a Double Platinum award-winning, 5-star Yelp rated team.¬† J.D. Power Award 2012 – Keller Williams Realty ranked Highest in Overall Satisfaction for Home Buyers and Sellers Among National Full Service Real Estate Firms. DRE#01889449

 

GET PRIORITY ACCESS TO SECRET, UNLISTED LOFTS IN DOWNTOWN!
http://www.LAloftBlog.com

HOME BUYING TIPS FOR LOFTS

Click on Photo to see Video of New Lofts
Click on Photo to see Video of New Lofts

New Lofts Buying Tips:

This weekend several buyers are viewing New Loft Properties.  As the new year begins to unfold, more and more buyers are making appointments and getting a head start on touring the downtown lofts that are available.  We love to show the new lofts and see the excitement in buyers eyes.

When we represent new buyers, we have several helpful recommendations so they can be prepared for successful bids and and avoid stress.  Usually buyers get the following information in a email as they start to tour lofts, today we wanted to share this knowledge.

IMPORTANT HOME BUYING TIPS:

20130921_114001_HDRThe number one tip is you must bring a downtown loft specialist to your very first viewing.     Sellers often require it and you need an agent representing your interests.

Our free home buyer consultation is your first step to a successful home purchase.  Because we specialize in Lofts, we can tell you what to expect, both the good and the bad.  While being enthusiastic and energized is a good thing, and buyers may not want to hear bad news for fear of loosing enthusiasm, we believe that understanding fully what is going to happen in a purchase will fight against buyers remorse and help a person be fully satisfied with a purchase of new home.

Place your highest and best offer on the very first day of a listing.  Prices and terms are negotiable.  You may ask the seller to pay some of your expenses such as closing costs.  If you ask for too much, you may lose to another offer.  Waiting to see how other buyers act in the market is a mistake it often leads to missing the opportunity to purchase the loft that you want the most.

GET A FREE HOTLIST OF SECRET LOFTS AND CONDOS IN DOWNTOWN L.A.

164137_livingroom

Most purchases entail delays and unexpected miscellaneous expenses.  Some transactionsfail after incurring expenses for the prospective buyer.  Some borrowers are unable to obtain financing.   By experience of working with lenders, it pays to work with lenders that are experienced in lending that is specifically designed for lofts.  While we have a preferred lender and would highly recommend them, if you have a lender there are several questions you should be asking them.  When you meet with us for a free consultation we can help you prepare questions for you lender.

  • Delays are common. ¬†Be sure to allow plenty of extra time for moving, and extra money for unanticipated costs.
  • Ensure that the seller has installed a carbon monoxide detector before the inspections.
  • HOA move in fee, move out fee and HOA move in security deposit are often required; ask HOA for details. ¬†A move in appointment and information form is required by most HOAs.¬†
  • Electricity may be turned off before or right after your purchase. ¬†Contact the HOA well in advance to make move in arrangements.
  • Call DWP to turn on your electricity¬†ladwp.com¬†800-dial-dwp¬†
  • SoCal gas 1-800-427-2200

tnvWXIGRp3p-g7jILzdXgf_Imct0ucvR_25UYFU7NWY

The¬†#1 buyer’s agent team in Downtown Los Angeles¬†often gets exclusive access to new construction loft buildings well before other agents and their clients are able to get in.¬† New¬†lofts are coming to Downtown Los Angeles.¬† Take advantage of this rare opportunity by registering for the¬†New Loft Mailing List¬†below:

Corey Chambers, REALTOR¬ģ (213) 478-0499 Mobile

Business Hours: 9 AM to 8 PM every day coreychambers@yahoo.com

The #1 Downtown buyer’s agent, Corey Chambers is a Top 6 Realtor¬ģ with a Double Platinum award-winning, 5-star Yelp rated team.¬† J.D. Power Award 2012 – Keller Williams Realty ranked Highest in Overall Satisfaction for Home Buyers and Sellers Among National Full Service Real Estate Firms. DRE#01889449

 

GET PRIORITY ACCESS TO SECRET, UNLISTED LOFTS IN DOWNTOWN!
http://www.LAloftBlog.com

 

 

New Loft’s Price Lists and Floor Plans

Click on Photo to see Video of New Lofts
Click on Photo to see Video of New Lofts

Receive Floor plans and price listings for lofts that are new and are about to be put on the real estate market.

While we can share these floor plans and price listings with our active clients, we are not able to place this highly sought after information on our website.  Sign up on our New Loft Interest List and receive this information early to review these Downtown Los Angeles Loft Properties!

If you take time to review our posts at LAloftBlog, you will find blogs written on many of the most sought after loft buildings in Downtown Los Angeles that have mostly been sold out.  You will find video content and write ups that are available to anyone who reads our blog.  Fill out our New Loft Interest List and receive exclusive information on exciting new lofts that are about to come onto the market.

GET A FREE HOTLIST OF SECRET LOFTS AND CONDOS IN DOWNTOWN L.A.

Corey Chambers specializes in Downtown Los Angeles Lofts and has helped many buyers research the market and he works to get client’s the earliest viewings possible at the lowest possible price. ¬†By sharing price lists and floor plans with his clients he can help educate his clients make better decisions in purchasing properties.

The¬†#1 buyer’s agent team in Downtown Los Angeles¬†often gets exclusive access to new construction loft buildings well before other agents and their clients are able to get in.¬† New¬†lofts are coming to Downtown Los Angeles.¬† Take advantage of this rare opportunity by registering for the¬†New Loft Mailing List¬†below:

Corey Chambers, REALTOR¬ģ (213) 478-0499 Mobile

signature-graphic-contact-1

Business Hours: 9 AM to 8 PM every day coreychambers@yahoo.com

The #1 Downtown buyer’s agent, Corey Chambers is a Top 6 Realtor¬ģ with a Double Platinum award-winning, 5-star Yelp rated team.¬† J.D. Power Award 2012 – Keller Williams Realty ranked Highest in Overall Satisfaction for Home Buyers and Sellers Among National Full Service Real Estate Firms. DRE#01889449

FREE Market Snapshot Report – Downtown Los Angeles

Loft and Condo Prices in Downtown L.A. – See this week’s real estate values and sales.

Click below to get a free market analysis of Downtown Los Angeles homes.

Market Snapshot