Downtown Los Angeles Loft Litigation and Buildings with Lawsuits

All loft buildings have their share of problems and issues, but some have it worse than others. Legal trouble — It’s one of the most common disasters in Downtown Los Angeles real estate.  #dtla #lawsuit #litigation

Litigation and Lawsuits Downtown Los Angeles Lofts
Litigation and Lawsuits Downtown Los Angeles Lofts

Homeowners and home buyers must deal with the fact that more than 25% of properties currently listed for sale have or recently had some kind of lawsuit or litigation involving the building and or homeowners association. Knowledge is power. Those with the most insight into what is really going on with DTLA loft building issues are the ones who can prevent their own losses and even gain from the situation.  It is possible to take advantage and make the most of any situation, including legal issues by getting informed and by being at the right place at the right time.  The most common type of litigation is a lawsuit or pre-lawsuit against the building construction developer builder by the homeowners HOA for construction defects. Other litigation involves

Here is a list of the buildings with the current, recent and potential upcoming litigation and lawsuits:

1100 Wilshire – Litigation reported 5/8/17, 5/23/17, 11/25/17
Biscuit Company – 1850 Industrial St litigation reported 6/23/17
Market Lofts 645 W 9th St  litigation w/ parking structure 12/4 17, 1/25/18
Eckardt Building – 738 S Los Angeles St settled Jan 2017.
Barker Block – 530 S Hewitt St litigation settled 2017
Alta Lofts 200 N San Fernando Rd – Possible Pre-litigation 06/15/2017
Higgins Building 108 W 2nd St – Special assessment reported 06/03/2016
SB Grand  – possible litigation resident vs developer / HOA  01/07/1
MORE

Get a free list of buildings in current, recent or potential future litigation. Fill out the online form.

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L.A. Loft Litigation
L.A. Loft Litigation

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.

Elleven Lofts Building Settles Litigation 1111 S Grand Ave #719, Los Angeles, CA 90015

Elleven Lofts Update

Congratulations to Michael Logan, who will be closing escrow soon on his beautiful Elleven modern soft loft with dramatic wall of floor-to-ceiling windows and south facing city views with bright natural light.  The high ceilings and open space are further expanded by two Juliette balconies that allow the lucky new resident to reach out and feel the awe-inspiring sunsets.

Elleven Lofts lobby Before
Elleven Lofts lobby Before

The timing to pick up this loft could not be better as prices are a bit lower than they would otherwise be due to recently settled litigation, holiday season, construction of the imposing array of new residential towers that will ultimately add to the value of the rapidly improving neighborhood that is anchored by the Times Square of California, L.A. LIVE.  #elleven #lofts

Soft lofts are modern construction buildings with open floor plans, high ceilings with exposed plumbing and heating. A soft loft generally has more finish with drywall instead of concrete or brick.

At 1111 S Grand Avenue, the Elleven building lobby is currently being re-designed with the latest of modern interiors.  If you think the lobby looks good in the before picture, wait until we show you the updated lobby coming soon!  After all of the commotion of construction settles down, this building’s value will have a particularly big  upswing. #southpark #dtla

Get free information on Downtown L.A. loft litigation and lawsuits. Fill out the online form.

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1111 S. Grand Avenue #719 in escrow
1111 S. Grand Avenue #719 in escrow

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. Names have been changed to protect privacy. 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.