Tag: little Tokyo

Posted on

Falling Little Tokyo Lofts Prices – What Creates Financial Winners and Losers

Little Tokyo Lofts condo building stagnates

Like many other loft condominium buildings that are today surrounded by homeless and violent mentally ill in Downtown Los Angeles, Little Tokyo Lofts for sale listings have been suffering a recent 91.66% failure rate. Only one out of twelve listings sold successfully.  This suggests a substantial risk that neighborhood prices may be lower next year.  A list of recent sale and lease listings are available here. | PDF

In early 2019, we reminded Downtown loft investors, in our blog post, to consider selling their unneeded loft condos, and using the proceeds to buy bitcoin.  Those who held on to their properties lost more than $40,000 of equity on average.  Those who sold and kept in cash lost 6% due to “transitory” inflation, which is really the beginning of stagflation — runaway inflation plus economic stagnation caused by virus hysteria, massive overreaction and socialist-style government interference.  Those who acted on our bold suggestion found that $300,000 in average equity jumped to $5 million since, more than a 1,600% gain.

Find out how much your home is worth. Get a free list of recently sold homes in downtown and the Greater Los Angeles Area. Fill out the online form:

Top floor unit 631 offers due October 15, 2021. To be removed from market.

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, DRE 01889449; MPR Funding Inc NMLS 2000513. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.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. | PDF

Posted on

Live/Work Lofts: Making Them Work-From-Home Ready

Live/Work Lofts offer work from home function in their open floor plans

During the pandemic of virus hysteria, and likely well afterward, many people will work from home. This adds to the value and the true brilliance of the Live – Work Loft. Putting the work into live-work will take some thoughtful planning. Here’s what you need to do so that your home workspace will support your work — and won’t wreck your body — over the long term. The space itself needn’t suffer. When work does return to an office or studio away from your home, that space can be recouped as regular living space somewhere down the road.

#Penthouse #live/work

Many people have set up makeshift home offices that won’t work well in the long term. In addition to having the right equipment, the physical setup — the ergonomics of the workspace — is critical, especially around avoiding repetitive strain injuries that a bad setup can cause.

How have you made your loft or apartment more functional in this time of work from home necessity? Leave a comment here

We say if you are going to go to the effort to set up a work from home office why not do it in a really nice Penthouse loft apartment?

A property to consider among live/work penthouse lofts is this amazing property in the historic Westinghouse Electric elevator factory. Originally built in the Roaring Twenties, the building was converted into live-work residential condominiums in 2006.

With ample open space to spread out your home office leaving plenty of space to have a thriving home life, an industrial loft pushes all the buttons for the ideal live-work environment. The loft features high ceilings, large windows with an original steel frame, in-unit laundry, and a large walk-in closet. Amenities include a heated pool, hot tub spa and sun deck, outdoor grills, 24-hour security and a fitness room.

A central downtown Los Angeles location between Little Tokyo and The Arts District a few minutes walk to restaurants, bars, museums and shops in the Historic Core, the Arts District, shopping promenade, museums, art galleries, breweries and famous tasty restaurants like Daikokuya Little Tokyo, Marugame Monzo and Sushi Gen. |  more

Get a free list of Little Tokyo lofts for sale in the $300,000s. Fill out the online form:

This tendency is clear that the work part of your loft will revert to live space is most pronounced in new construction condominiums or “lifestyle lofts.” Because the space is intended to be a flexible type, it is fair to say that work will occur in a live-work unit at some time, but that work activity may not always be present.

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

  Lofts For Sale     Map Homes For Sale Los Angeles

SEARCH LOFTS FOR SALE Affordable | Popular | Luxury
Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking

Live-Work Lofts can be as simple as having the space to collaborate around a big table.

Copyright © This free information provided courtesy L.A. Loft Blog with the information provided by Corey Chambers, Realty Source Inc, DRE 01889449; MPR Funding Inc NMLS 2000513. We are not associated with the seller, homeowner’s association, or developer. For more information, contact 213-880-9910 or visit LALoftBlog.com, Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties are subject to prior sale or rental. This is not a solicitation if the buyer or seller is already under contract with another broker.