Evo Lofts Update 1155 S Grand Ave, Downtown Los Angeles 90015

 Loft Condo Update

EVO LOFTS FOR SALE   |   FOR LEASE   |   UNLISTED LOFTS

Evo lofts building is currently involved with some type of litigation, probably the typical Homeowner’s Association lawsuit against the developer for construction defects.  There is a good chance the claim was actually sparked after some homeowners recently panicked because Oceanwide Plaza construction was breaking ground to interrupt Evo’s views of Staples Center and the West Side.  The L.A. Loft Blog recently provided unconfirmed reports that Oceanwide Plaza construction is currently on hold.

Chic Contemporary Space in the EVO Building. Spectacular City-light views, Lots of Windows and Light. Modern Kitchen with Stainless Steel Appliances inc Refrigerator.  Wood floors.  In-unit Washer/Dryer. Covered Parking.

Many buyers are not aware of the common benefits of lawsuits.  The most common results is that the home price drops during the litigation and then usually pops back up after the litigation is settled. The overall results tend to be negative for the seller and a positive for the buyer when a purchase is made during the litigation. During a lawsuit, there is often more inventory available, and at bargain price because the sellers are worried, most buyers can see the risk, yet they are not aware of the rewards. The reward for buying during a lawsuit is that the buyer will likely get extra gain on equity after settlement.  This usually happens within a few years, and often within just a few months.

One example of a bargain property that can offer greater return on investment is this Evo 12th floor 900 sq ft luxury condo loft unit with spectacular views on the east side. This unit for sale is off-market. For information on all listed and unlisted Evo lofts for sale, call (213) 880-9910.

Here’s a video walkthrough of the unlisted Evo loft for sale:

Get information on Evo homes for sale, unlisted Evo condominium units, loft lenders and litigation lenders that can finance Evo lofts during a lawsuit. Fill out the online form:

 

The modern soft loft condominium homes at Evo were created to inspire with abandon, using beautiful materials and modern palettes that are impressive, yet comfortable, and offer a truly on-of-a-kind statement of design and sophistication.

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

Boundless in design, every finish and detail was given fresh through from the Evo creative team. The result is home interior adorned with materials, finishes and appliances that are unlike anything you’ve seen before. The Evo home is truly a one-of-a-kind statement of design, functionality and modern sophistication.

  • Designer stainless steel refrigerator
  • Performance Bosch stainless steel oven, cooktop and dishwasher
  • Rich wood cabinetry in matched colors: stained walnut or natural Jequitiba, White Oak, Teak, CaesarStone slab countertops in a selection of patterns” Blizzard, Oyster, Savannah, Expresso
  • Matched CaesarStone backsplash
  • Integrated Kohler under mount steel sink
  • Expansive Millennium hardwood floors in for custom colors:
  • — Natural White Oak, Stained White Oak, Doussie, Merbau
  • Nature’s Choice carpeting — Bone, Wheat, Bark
  • Outdoor terrace or balconies with glass or metallic railings
  • Voluminous ceilings with heights up to 11 feet
  • Spacious walk-in closets
  • Utility room with washer and dryer hookups
  • Prewiring for phone and data
  • Designer-matched Kohler sink, tub and fixture package
  • Warmly textured limestone slab countertops
  • Duravit vessel sink and pedestal in powder room
  • Sleek wood cabinetry in matched colors” Stained Walnut or Natural Jequitiba, White Oak and Teak
  • Elegant slate tile flooring in a selection of tones” Woodland Green, India Forest Green, Strata Grey
  • Arctic White Dal tub/shower wall tile

PENTHOUSE UPGRADES

  • Viking Designer Series 36″ stainless steel refrigerator
  • Viking Designer Series cooktop and convection oven
  • Built-in stainless steel GE Monogram wine cooler
  • Wood cabinetry in matched colors” stained walnut or natural Jequitiba, white oak, teak
  • Luxurious Calcutta “Ora” marble slab bath countertops
  • Calcutta “Ora” marble floor tile
  • Codfrey Hirst “Wool Creation” carpeting” Fleece, Sunset, Antique Beige
  • Designer selection of Kohler bath fixtures

Evo’s lush amenity collection is unrivaled by any in downtown. It brings resort-style indulgences right to your doorstep. Private amenities include the sixth-floor sun deck and pool with furnished gathering areas and an outdoor entertaining kitchen, the Two-Forty rooftop lounge with an outdoor terrace and fireplace overlooking the skyline, and the state-of-the-art fitness studio on the 24th floor with a glass wall of horizon views.

Evo also offers resident services and an on-site concierge by beverly Hills Concierge. This provides you with towel service at the pool and fitness studio, instant access to restaurant reservations, theatre and concert ticket purchasing, personal trainers, in-home spa services, catering and party planning, dry cleaning, dog walking and pet sitting, housekeeping services and more.

Evo has been created as one of the most sustainable, smart and eco-friendly buildings in the entire country. In fact, Evo is the first high-rise residence in downtown Los Angeles to be certified LEED Silver by the U.S. Green Building Council and is being looked to by officials and architects as  the construction standard of the future. To accomplish this, Evo was created with an abundance of renewable and recyclable materials, energy-saving systems, improved interior air quality, environmentally responsible construction techniques and an intelligent approach to neighborhood growth and planning. All of which add value, health, responsibility and vision to your home.

Location:  1155 S Grand Ave, Los Angeles, CA 90015

Historical Perspective

  • Actual Year Built: 2008
  • Effective Year Built: 2008

Evo Sales and Leasing Information:  (213) 880-9910

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

 
Corey Chambers, Realty Source Inc.  DRE#01889449
Licensed in California. All information provided is deemed reliable. However, the information is not guaranteed, and it should be independently verified. Properties subject to prior sale or rental.
 

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Lawsuit at Alta Lofts – Loft Litigation

More than 20% of currently listed loft buildings in the Downtown Los Angeles area are currently or recently engaged in some kind of lawsuit or litigation. Alta lofts homeowners association recently disclosed that it may soon be embroiled in litigation in the near future.

alta-lawsuit-01

Because these claims and disclosures are written by lawyers, and you might say “salesmen” for the law firms, they are careful to disclose the responsibilities of the homeowner’s association representatives to investigate and make repairs, but perhaps the letter neglects to include the responsibility to weigh the pros and cons of claims and litigation, including such drawbacks as inspection costs, legal and potential litigation costs, cost of possible reduced home values for up to several years, potential delays in selling properties, possible lending and refinancing issues and possible (albeit rare) loss or counter suits from developers, as well as other unexpected costs that could arise.alta-lawsuit-02

Also embroiled in this type of HOA vs developer legal action is the popular Barker Block lofts. Buyers often have difficulty getting a copy of the full litigation documentation, which also can cause some potential home buyers to get cold feet and place downward pressure on prices during the lawsuit.

There are many issues surrounding these common claims and lawsuits by homeowners associations against builder developers.  Potential buyers and sellers should consult with attorneys to understand the lawsuits, and should consult with Downtown specialist realtors to learn the practical effects of litigation on the real estate market and home values of the affected properties.

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

Alta Lofts Building

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