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.

Downtown Los Angeles Fraudster Drew Christian Donovan AKA Christian Andrews AKA Jimmy Wayne Jackson Released

FRAUD SQUAD – Special Update: DTLA Criminal At Large; Also Loft Litigation

Major Con Artist Set Free by LAPD
Major Con Artist Set Free by LAPD

Lawsuits and Litigation:  First, some Downtown L.A. loft litigation news to report. We are told by a resident of SB Grand that they are suing Barry Shy and the SB Grand HOA Homeowner’s Association for damage done to their loft by faulty construction and expansion of a penthouse above.  They say the the added weight was not properly supported, and is causing cracks and rain water leakage into their loft unit.  So far, the LA Loft Blog has been unable to obtain any confirmation from other residents, and we’ve seen no written documentation on this report.


Phony police ID
It’s hard to find real cops in L.A., so here’s a phony.

PREDATOR$ —  An update on a dangerous criminal on the prowl: Professional con man fraudster Drew Christian Donovan AKA Christian Andrews AKA Jimmy Wayne Jackson has reportedly been released from jail.  While the San Diego police did a perfect job of quickly arresting the culprit and sending him to the correct jurisdiction for prosecution, it looks like the Santa Barbara prosecutor was not too successful at putting him away for long.  The main reason could be that LAPD has been sadly unable or unwilling to contribute.  The last we heard from the LAPD is that they refuse to receive any of our MOUNTAIN of evidence against the fraudster because the “matter is under investigation.”  It’s profoundly ironic and destabilizing when the Los Angeles Police Department is using the weakest of canned responses because they are too busy to investigate all of the evidence of what could be the #1 most prolific con artist in the Greater Los Angeles Area, with hundreds of victims and millions in damages.  Perhaps the cops should admit the facts that they don’t have the budget to investigate major fraud because they blew the funds on misappropriations such as a mind-boggling fleet of electric BMWs — and, besides, LAPD leadership has more important things to do than fight crime, such as driving one of the electric BMWs to the nail salon.   #dtla #realestate #fraud

Enough ranting about the trying to get the LAPD to lift a finger to help stop one bad real estate fraudster. It comes down to the fact that prevention really the most important part of fighting crime.

Fraud Protection Tip:

  1. Make sure that a friend who’s offering to gift a house, condo or loft is actually a real close friend and not just a con artist.
  2. Buyers and sellers need make sure that earnest money deposits are real, and triple check that real earnest money deposits are sent to the real escrow accounts.
  3. Renters: do not give personal information or money to any landlord, agent or manager who is out of town.
    Following these tips will prevent about 90% of real estate fraud that we commonly see in Downtown LA.

Speaking of real estate law —  Litigation and lawsuits remain one of Downtown’s biggest issues for lofts and condos. More that 25% of Downtown LA homes listed for sale have currently or recently had a lawsuit or litigation in the building. Get free information on Downtown loft litigation and lawsuits. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

  Lofts For Sale     Map Homes For Sale Los Angeles

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Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking

LAPD won't investigate? Don't worry FBI agent Donovan will protect you. Oh, wait. He's the bad guy. Now what'll we do?
LAPD won’t investigate major real estate fraud? Don’t worry, FBI agent Donovan will protect us. Oh, wait. He’s the bad guy. Now what’ll we do?

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.