How to Sell, Buy and Lease Real Estate in Downtown Los Angeles – Save Time and Money

Lofts, Condos and Apartments in Downtown LA:
Three Case Studies on Successful Recent Transactions

SALE – When a mother and father just had their first baby, they needed to sell the luxury tower loft that they purchased in 2007 and then leased out in 2010. Purchased at a relative market high, the Sky Loft located at 801 S Grand Avenue had been a bit of a drain on family finances, and with a new baby on board, the family wanted to batten down the hatches on finances and put some cash under the mattress for a rainy day.  Not wanting to disturb the tenant, the family chose to start with a pocket listing. The property went into escrow just a few days after the tenant moved out, then sold for a tidy sum of $785,000. The family now has plenty of cash and fewer worries. Find out how much your home is worth with a free online home evaluation.

PURCHASE – A single man needed a nice condo in a fun neighborhood with a very low down payment, he was able to receive priority access to proprietary information on Downtown lofts and Hollywood condos at no cost and no obligation to buy. The exclusive Buyer Profile System sent new listings to him that match his exact criteria just as soon as they came onto the market.  He was able to buy an awesome, fully-updated condo with extra large parking space and storage, in an upscale part of Hollywood for less than $400,000. When the seller was on a path to close late, Realtor Corey Chambers took extra steps to allow the buyer to move furniture in early, and then was ultimately able to get the seller to close on time.  The buyer saved more than $10,000 off off the asking price and saved thousands more thanks to the prompt closing. Beat out other buyers to hot, new listings. Get a Free List of Foreclosures and Distress Sales.

LEASE – When a single man recently needed to relocate to a new job in Downtown Los Angeles, he wanted to see all of the rentals that exactly matched his criteria, and get it done in just a 2-day trip from out-of-town without missing any bargains.  He was happy to find the private LA Loft 3-Hour Tour because it got him into the agent listings from all real estate companies, as well as the unlisted bargains. After seeing nearly a dozen different lofts and apartments, he found the perfect lofty new apartment with open concept, high ceilings, floor-to-ceiling windows, luxury amenities and one of the largest outdoor spaces in Downtown Los Angeles. Best of all, it was under budget because the tour saved him $2,400 over the lease term. Check out the LA Loft Tour and all other homes for lease.

To get your own happy story about buying, selling or leasing in Downtown LA, get free information with no obligation from the L.A. Loft Blog. Fill out the online form:

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Copyright © 2015 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 necessarily associated with the home owner’s association, seller or developer. For more information, contact (213) 478-0499 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.

Live in a Beautiful Downtown Loft and Save Money on Transportation in Los Angeles

In addition to offering an open, creative space with lots of windows and light, the ideal loft is just steps away from coffee, restaurants, groceries, shopping, bars, pubs, theaters, entertainment and transportation.  The Metro stops throughout Downtown provide easy access to countless great destinations.  To take full advantage of Downtown’s central location to the greater Los Angeles area, most loft residents own a car.

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DOWNTOWN LOFT & CONDO LISTINGS: FOR SALE | RENTALS

Metro subway station Downtown L.A.
Metro subway station Downtown L.A.

The loft of your dreams should include a plan for parking.  Where are you going to park?  How hard will it be to find parking for your friends and family when they come visit you?  Parking availability has not always been scarce in the downtown area.  But now, leaving your car at home makes getting out a lot easier.  If you live in Downtown Los Angeles you probably know that it’s life is easier if you’re willing to walk or ride a bike.

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Living in Downtown Los Angeles can appear to be a nightmare to buyers when they begin to think about parking.  However, living in Downtown Los Angeles can actually help save you some of the money you spend on your car.   Because geographically it is at the center of this great hub of the Los Angeles basin, the current and future metro lines all eventually lead to Downtown.  And as the Metro extends it’s web accross the county, the lines start where you live.

There are four very important Metro stations in Downtown Los Angeles.  From these stations you can travel any direction from Downtown; north, south, east, or west.  At all of these stations you can access the Purple Line which runs  north to Koreatown and the Red Line going west to Hollywood.  At the 7th Street Station you access the Blue Line which goes south to Long Beach, and from Union Station the Gold Line goes East to Pasadena.

metro-blue-line

Using these main arteries of public transportation gets you easily to other major city centers at the cost of only a few dollars, and after getting comfortable with taking the Metro the greater LA area is your oyster.  But let’s not forget that Downtown remains the pearl.  This is where local public transportation becomes unnecessary and too costly.  Unlike the BART system of San Francisco or the New York Metro System which charges by the distance travelled, the LA Metro System continues to charge one fee per ride, no matter what the distance.

To leave your car at your home you will need to walk, ride a bike, or take a taxi.  This is easy considering that most destinations like the Disney Center and LA Live are only a few blocks away, or Little Tokyo or the Arts District a mile or more from your home.  With increased safety measures throughout the city, both publicly and privately funded, brighter and better lighting filling the city, at night, and the increased amenities for cyclists throughout the city it is easier to be healthy and save money.

SpringStOfficeshot

While few Los Angelinos would be able to envision a world without their car, living in a beautiful Downtown loft can help you save money and maintain a life with a car.  And the state of transportation appears to be the same, you still need a parking space.

Avoid Downtown Parking Disasters
Avoid Downtown Parking Disasters

As Downtown Los Angeles has transformed from a place of urban decay into today’s exciting renaissance, parking spaces are getting more use.  Open parking lots in the Historic Core and South Park have transformed into pretty parks and private buildings.  The Arts District that was once known for having plenty of free parking is now running out as people flock to Urth Caffe, Wurstkuche, Church & State and Bestia, visitors to Barker Block, Toy Factory and Biscuit Lofts are no longer finding abundant parking spots.  More parking meters are expected to be placed where there were none.

To make matters worse, the developer of some Downtown’s most renowned and respected lofts is being sued right now for selling parking bogus parking spaces.   Imagine buying a loft with parking and then finding out later that someone else owns your parking space and you cannot use it any more.  It has happened more than once.  That is why it is incredibly important for loft buyers to have an agent who is knowledgable about parking in the desired neighborhood.  When a buyer gets help from an agent that knows the parking situation, buyers can avoid possible disasters such as expecting to have parking in the future and then having none.

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FIND HIDDEN DOWNTOWN LOFT RENTAL BARGAINS:  3-HOUR PRIVATE TOUR

If you’d like more assistance to find properties in Downtown Los Angeles, call Corey Chambers (213) 478-0499

DOWNTOWN LOFT & CONDO LISTINGS:  FOR SALE  |  RENTALS

Corey Chambers, REALTOR® (213) 478-0499
coreychambers@yahoo.com
GET PRIORITY ACCESS TO SECRET, UNLISTED LOFTS IN DOWNTOWN!
http://www.laloftblog.com/

L.A. Loft Blog, Downtown Los Angeles

Corey Chambers L.A. Loft Blog