ELLEVEN LOFTS AND CONDOS at 1111 S Grand Ave Los Angeles, CA 90015

Elleven Lofts And Condos

Elleven Lofts
Elleven Lofts Downtown Los Angeles

ELLEVEN LOFTS FOR SALE     |     ELLEVEN LOFTS FOR LEASE

Elleven Lofts has a thoughtful architectural design that blends in with its neighboring buildings in the South Park district of Downtown Los Angeles.

Elleven Lofts, Los Angeles CA
Elleven Lofts, Los Angeles CA

The exterior of the building is wrapped in glass, which allows plenty of light into each of the lofts, providing an open space for the residents, and maximizing views of the surrounding LA city and skyline. A socially responsible and economically friendly approach was taken during the construction and maintenance of Elleven Lofts.

A Modern Building

Elleven Lofts Los Angeles
Elleven Lofts (courtyard)

Elleven is the first green residential building in downtown Los Angeles and is certified by the U.S. Green Building Council.

Sustainable materials are things that look and function as well as, or better than, conventional materials, but have less impact. Things like wood floors cut from sustainable forests. Cabinets made from renewable, non-toxic wheatboard. Natural fiber carpets. Showers, toilets and fixtures with low-flow designs that conserve water.

Elleven Lofts (pool area)

Green construction techniques include everything from transporting materials to the construction site more efficiently to putting thought toward how we can integrate the building into it’s neighborhood with minimal impact.¬† For example, using tall windows to let more light flow in, which saves on lighting energy, or using treated glass and sunshades, which help save on cooling costs

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Location

Located in the South Park district¬†of Downtown Los Angeles, Elleven Lofts is walkable to¬†the Historic Core, and the Fashion District. Many of LA’s best restaurants and shopping are nearby, as well as the Fashion Institute of Design and Merchandise, the Staples Center, and the world class Nokia Theatre at L.A. LIVE.

Elleven Lofts Downtown Los Angeles
Elleven Lofts Downtown Los Angeles

Work centers and offices, shopping, restaurants, museums, entertainment and cultural icons like MOCA and the Disney Concert Hall.¬† Grand Hope Park and Pershing Square are within walking distance, and the nearest public transportation is at the doorstep of Elleven Lofts on the corner of S Grand Avenue and W 11th Street. The Pico Train Station is located two blocks east of the residences. Cafes like Starbucks, Hygge, and Aladdin’s Coffee Shop are within a few steps from Elleven Lofts, and other daily amenities like grocery stores, schools, restaurants, and shopping are close for comfort.

Car and bike share programs like RelayRides and Zipcar have designated stations within one block from the lofts

On a map, Elleven is located at 11th and Grand, in the South Park neighborhood of downtown Los Angeles- but where it’s really located is at the epicenter of an urban revival where an entire city is your backyard!

Layout and Features

Of the 176 units offered at Elleven Lofts, a variation of one or two bedroom or penthouse units are available, as well as four two storey live/work town homes. Sizes range from 770 square feet to 3,100 square feet.

The building is characterized by its open floor plans and over sized ceiling heights. Refined finishes are found throughout the units, including stainless steel appliances and hardwood flooring.

Additional interior features include high-end fixtures, extensive hardwood-faced cabinetry, slab granite kitchen counter tops, walk in closets, and centralized telephone and data panels and wiring distributed throughout the units. Balconies and “Juliet‚ÄĚ balconies are offered in most layouts, and common outdoor areas are offered on the 12th and 13th floors.

The building features a sculpted glass, metal, and concrete exterior with large elevations of glazed glass. Amenities at the building include an outdoor fireplace and lounge, a barbecue area, street level retail, a lap pool, and private gated parking.

Additional interior features include built-in wine coolers, utility rooms with washer and vented dryer hookups, over sized mirrors with integrated vanity lights, and high-quality cast iron tubs.

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LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

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Your Home Sold GUARANTEED or I’ll Buy It*

Corey Chambers, REALTOR¬ģ
(213) 880-9910
coreychambers@yahoo.com
http://www.laloftblog.com/

Your Referrals Help the Kids. For every referral I receive, I donate a portion to the Children’s Hospital Los Angeles. With your referrals, you are helping Children’s Hospital ensure that critical life-saving care is available to every child they treat. http://www.ReferralsHelpKids.com

Copyright ¬© This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449¬† Not associated with the homeowner’s association, seller 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.

Based on information from the Association of REALTORS¬ģ/Multiple Listing as of [date the AOR/MLS data was obtained] and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

*seller and Corey must agree on price and time of possession – details and conditions visit coreychambers.com

#elleven #ellevenlofts #lofts #condos #dtla #loftsdowntown #downtownla

LUMA LOFTS AND CONDOS at 1100 Hope Los Angeles, CA 90015

Luma Lofts And Condos

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180 degrees from conventional. Luma is nineteen stories of innovation and intelligence, standing in the face of the status quo and leaving other residences with a sense of the ordinary. It’s entirely new, and exactly like nothing else.

Luma is new construction, from the ground up. It’s not readopted or rebuilt. In fact, it’s quite the opposite. The thinking, design and construction that form Luma are all very much ahead of their time.

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Inside and out, Luma is anything but conventional. Her architecture blends angles, height, and sheer lines, creating a building that is as much on lines, creating a building that is much on aesthetic, statement as it is a place to live. The tall, slender exterior is wrapped in glass, flooding the living spaces with light and views of the surrounding city. Inside, sophisticated and exceptionally liveable designs bring fresh meaning to the idea of the urban loft. And, underneath all of this lies a revolutionary and responsible sustainable-construction approach that creates a building as beautiful on the inside as it is on the outside.

KITCHENS
— Designer Frididaire stainless steel appliances
— Dramatic Ice Stone slab kitchen countertops in choice of colors with matched 6″ backsplash.
— Sleek wood cabinetry with stained Khaya and ribbed glass inserts
— Modern, under mount sinks with heavy-duty disposal and European pull-out faucet.

Terrace Level Additions (17th Floor)
— Designer KitchAid stainless steel appliances, including built-in wine cooler for units in corner locations
— Full glass backsplash in kitchen with choice of colors

Penthousehouse Level Additions (18th and 19th Floor)
— Designer stainless steel appliances package by Electrolux, Thermador, Viking and Bosch, including built-in cooktop, warming drawer, wall oven, microwave, extro-capacity refrigerator, ultro-quiet dishwasher, wine cooler and stainless steel hood
— Sleek wood cabinetry in White Oak, Walnut or natural or stained Khaya
— Elegant slad kitchen countertops in Ceasar Stone or Ice Stone with choice of colors
— Full glass backsplash in kitchen with choice of colors

LIVING
— Rich and expansive, high-quality hard-quality hardwood floors in Maple
— Extensive pre-wiring and telephone and data panels
— Utility room with washer and vented dryer hookups
— Exposed overhead ductwork featuring galvanized spiral ducts and vents
— Expansive windows featuring operable openings for natural ventilation
— Soaring ceiling heights (varying by location up to 11′)
— Spacious walk-in closets (vary by plan)
— Pre-wired for home entertainment systems
— Outdoor terraces and Juliet balconies (vary by location)

Penthouse Level Additions (18th and 19th Floor)
— Hardwood floors in Fumed Oak, Wenge, Brazilian Paraju or Brazilian Cherry

BATHROOMS
— Designer under mount sink with impressive slab Ceasar Stone or Ice Glass countertops in choice of colors
— Sleek wood cabinetry in White Oak, Walnut or natural or stained Khaya
— Floors covered in luxurious 16″ x 16″ stone tile, choice of colors
— Wet walls finished with 4″ x 4″ stone tile, four selections
— Shower floors in mosaic stone with choice of colors

ENTRY & BUILDING AMENITITES
— Common areas that include extensive outdoor spaces, with an elevated terrace that will offer residents and their guests impressive views of the surrounding city and skyline, as well as intimate spaces for gathering, entertaining and retreating within the expansive greenery
— Lap pool, barbeque area and outdoor fireplace
— Elegant lobby on Hope Street with attendant and package deliverly
— Private parking under the building

LUMA LOFTS FOR SALE     |     LUMA LOFTS FOR LEASE

EXACTLY LIKE NOWHERE ELSE.

South is a new urban neighborhood being formed by Luma, Elleven, Evo and several upcoming South residences at and around 11th and Grand, in the exciting South Park neighborhood.

South is a neighborhood within a neighborhood. It is ¬†a vibrant place, full of life and energy and style. A place where people know each other a little better. Where there’s more to do and see. ¬†Where you can walk, meet, shop and be.

It’s a place that puts you within steps of some of the world’s greatest cultural centers, sports venues, business districts, arts, shopping, entertainment and dining. It’s also a place that acts as a retreat, with the shared plaza between Luma and Elleven offering green spaces, gathering areas and a pool deck. ¬†Whether it’s a park bench and book or a day full of boutiques, it’s just outside your door.

South is a place to live and a way to live, and Luma will put you right in the middle of it.

CONCRETE WITH A CONSCIENCE.

Luma is the second green residential building in downtown Los Angeles (right behind her sister building, Elleven) and is pursuing LEED certification from the U.S. Green Building Council.  What does that mean, you ask?

Well, LEED certification is the nationally-recognized standard for sustainable and environmentally¬†focused construction. For a building to be LEED certified it must be designed and built to strict standards set forth by the U.S. Green Building Council. The goal is to create a building that uses less energy, fewer natural resources, and is environmentally responsible — locally and globally.

As a building pursuing LEED certification, Luma is being created to these standards, using sustainable materials, efficient construction techniques, and a thoughtful, eco-friendly approach.

Sustainable materials are things that look and function as well as, or better than, conventional materials, but have less impact on the world around us. Things like recycled-content materials, low-emitting points and finishes, energy-efficient lighting and dual-flush toilets that conserve water.

Green construction techniques include everything from transporting materials to the construction site more efficiently to putting throught toward how we can integrate the building into its neighbood with minimal impact. Or using tall windows that let light flor in, which saves on lighting energy. Or using treated glass and sunshades, which save on cooling energy.

All of this is a price-competitive with conventional building techniques. So it doesn’t cost you any more. It just requires a bit more effort and thinking on our part.

So why do we do it?

Because it’s the right thing to do. because we all live on this planet. Because, all things being equal, why wouldn’t you choose green?

Location

1100 Hope

Los Angeles, CA 90015

Historical Perspective

  • Actual Year Built:¬†2007
  • Effective Year Built:¬†2007

 

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Your Home Sold GUARANTEED or I’ll Buy It*

Corey Chambers, REALTOR¬ģ
(213) 880-9910
coreychambers@yahoo.com
http://www.laloftblog.com/

Your Referrals Help the Kids. For every referral I receive, I donate a portion to the Children’s Hospital Los Angeles. With your referrals, you are helping Children’s Hospital ensure that critical life-saving care is available to every child they treat. http://www.ReferralsHelpKids.com

Copyright ¬© This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449¬† Not associated with the homeowner’s association, seller 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.

Based on information from the Association of REALTORS¬ģ/Multiple Listing as of [date the AOR/MLS data was obtained] and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

*seller and Corey must agree on price and time of possession – details and conditions visit coreychambers.com

 #luma #lumalofts #lumaloftsdtla #lofts #dtla #downtownla #lumabuilding #lumacondos

CONCERTO LOFTS AND CONDOS 901 Flower Los Angeles, CA 90015

Concerto Lofts And Condos

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Concerto Lofts for Sale

Concerto lofts & condominiums in Downtown L.A., unifies enduring design, stunning views, an acre of green space and proximity to urban life.

Astani Enterprises Raises the Curtain on Concerto, the $300-Million Luxury Condominium Tower and Loft Development in Downtown Los Angeles

Concerto Combines Architectural Living and Greenspace at One of L.A.’s Most Vibrant Intersections

LOS ANGELES–(EON: Enhanced Online News)–Developer¬†Sonny Astani¬†raises the curtain on a compelling, new chapter in downtown‚Äôs residential evolution with the opening of¬†Concerto¬†at¬†9th and Figueroa. Enduring design, spectacular city views and the understated luxury of Southern California living converge at¬†Concerto, the new $300-million condominium development covering 100,000 feet in downtown L.A.‚Äôs¬†South Park.

Situated at one of the most vibrant intersections in Los Angeles, steps away from L.A. Live and Staples Center and walking distance to cultural landmarks like Disney Hall, the Music Center and MOCA, trendy restaurants, distinctive shopping and renowned educational institutions, Concerto promises residents an urban living experience equal to that of other great cities of the world.

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Composed of a trio of contemporary structures ‚Äď two soaring, 30-story (335‚Äô) glass towers and a mid-rise (70‚Äô) loft building ‚ÄstConcerto¬†expresses the concept of¬†architectural living¬†through inventive design, quality construction and uncompromising attention to detail.

‚ÄúI‚Äôve developed many properties across Los Angeles all of which have one thing in common ‚Äď they embrace great design whether you are considering a studio or one of the penthouses,‚ÄĚ said¬†Sonny Astani, chairman of Astani Enterprises, Inc. ‚ÄúWith¬†Concerto¬†condominiums¬†in¬†downtown Los Angeles¬†we have achieved this on a grand scale in a truly extraordinary location.‚ÄĚ

Concerto Lofts for SaleDesigned by¬†Douglas Hanson¬†of the award-winning architectural firm DeStefano Partners, Ltd.,¬†Concerto¬†features studio, one-bedroom, two-bedroom and three-bedroom units of varying sizes with prices ranging from $350,000 for lofts to $3.5 million for penthouses.¬†Concerto‚Äôs¬†signature features include 10‚Äô 5‚ÄĚ ceilings, full-length exterior glass walls and innovative structural engineering to create transparency and unobstructed views. European cabinetry and appliances equip kitchens. Each residence boasts a city, pool, garden or paseo view and all benefit from¬†Concerto‚Äôs¬†clever ventilation system which augments traditional AC and allows a free flow of fresh air from the outside. One-of-a-kind corner units and penthouses with uniquely angled windows, sunrooms, balconies and dramatic floor plans further epitomize metropolitan chic.¬†Sustainable¬†elements of design, construction and operation will enable¬†Concerto¬†to qualify for LEED (Leadership in Energy and Environmental Design) certification.

Within Concerto, a full acre of elevated private greenspace surrounds a saltwater pool, cabanas and fire pits. Crafted for relaxing alone time as well as for social exchange and connection, these outdoor sanctuaries add to Concerto’s unmistakable allure for residents. Concerto will also engage the surrounding neighborhood with public greenspace including a quiet park for the practice of Tai Chi and a paseo lined with gingko trees that change colors with the season.

‚ÄúSonny had a vision with Concerto¬†to create a ‚Äėcommunity‚Äô of buildings that would look beautiful while also making the people living inside them feel good,‚ÄĚ said¬†Douglas Hanson, AIA, DeStefano Partners design principal. ‚ÄúDetails like the fresh air system allow the building to literally live and breathe along with the people in it.‚ÄĚ

CONCERTO LOFTS FOR SALE     |     CONCERTO LOFTS FOR LEASE

About Astani Enterprises

Sonny Astani, chairman of Astani Enterprises, Inc.¬†based in Beverly¬†Hills, is helping redefine the L.A. skyline through the creation of world-class developments within the city‚Äôs urban landscape. Over 25 years of experience in the Southern California real estate market have refined Astani‚Äôs vision and dedication to thoughtful architecture and considered design. Astani has acquired, developed, constructed and managed over $1 billion of multi-family buildings and condominiums. Astani‚Äôs condominium portfolio ‚Äď Concerto, Vero and Grand ‚Äď shares an elevated sense of style and architectural integrity.

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Location

901 Flower

Los Angeles, CA 90015

Historical Perspective

  • Actual Year Built:¬†2010
  • Effective Year Built:¬†2010

Based on information from the Association of REALTORS¬ģ/Multiple Listing as of [date the AOR/MLS data was obtained] and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the¬†information contained herein may or may not have been the Listing and/or Selling Agent

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LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

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SEARCH LOFTS FOR SALE UNDER $500,000 | Popular | Top Luxury
Browse by Building | Neighborhood | Size | Bedrooms | Pets | Parking

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Your Home Sold GUARANTEED or I’ll Buy It*

Corey Chambers, REALTOR¬ģ
(213) 880-9910
coreychambers@yahoo.com
http://www.laloftblog.com/

Your Referrals Help the Kids. For every referral I receive, I donate a portion to the Children’s Hospital Los Angeles. With your referrals, you are helping Children’s Hospital ensure that critical life-saving care is available to every child they treat. http://www.ReferralsHelpKids.com

Copyright ¬© This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449¬† Not associated with the homeowner’s association, seller 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.

Based on information from the Association of REALTORS¬ģ/Multiple Listing as of [date the AOR/MLS data was obtained] and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

*seller and Corey must agree on price and time of possession – details and conditions visit coreychambers.com

#concerto #concertolofts #lofts #condos #condominiums #dtla #downtownla #artsdistrict

FLOWER STREET LOFTS 1130 S Flower St, Los Angeles, CA 90015

Flower Street Lofts Downtown Los Angeles 1130 South Flower Street, 90015

The Flower Street Lofts is located at 1130 South Flower Street, in the heart of the South Park district in downtown Los Angeles, across the from the world renowned Staples Center and the L.A. Live entertainment complex. FSL blends the best of the city’s energetic future and respect for the past into 91 loft-style live-work condominiums in the historic 1936 United Parcels Service (UPS) building.

Opened in the fall of 2003, Flower Street Lofts features over 12 distinct floor plans, which range from 1,315 sqft to 2,410 sqft, as well as the tallest residential ceiling heights in the area (from 14′ to 20′ high). Generous sunlight shines through the expansive windows which were a reflection of the original UPS building with views east, west and north. Each unit is equipped with gourmet kitchens, stone countertops, well-appointed bathrooms, and state-of-the-art wiring for high speed internet.

FLOWER STREET LOFTS FOR SALE   |   FLOWER STREET LOFTS FOR LEASE

Behind these first-of-their-kind lofts are the two leading urban development teams; the Lee Group (Grand Lofts, Sky Lofts, and Bay City Lofts); and the Cim Group (Santa Monica Third Street Promenade, historic Gas Company Lofts, Old Town Pasadena, and the Gas Lamp district in downtown San Diego). In 2006, the two developers opened the Ralph’s supermarket, downtown’s first in over 50 years, just two blocks north.

The Flower Street Lofts has received numerous design awards and recognition, including two Golden Nugget awards and the 2004 architectural award winner by the Los Angeles Business Council.

The United Parcels Service (UPS) building was built in 1936 and serviced Central City (downtown Los Angeles) and the surrounding neighborhoods for over forty years. Originally only three-stories high (Flower Street Lofts features a new fourth floor penthouse level constructed on top of the existing structure), the building was the main distribution source for all packages coming into Los Angeles, as well as the garage for their famous brown trucks. it also housed the executive offices for the West Coast division and their main accounting department.

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Customers could drop off/pick up packages at the main lobby located in the southwest corner of the building, or trucks from the various suburban stations would drive into the complex through the alleyway entrance. Once inside, the packages would be unloaded onto a slide where hand sorters would take and place them on 11 various conveyor belts which distribute the packages to various areas of the building. Seven of the conveyor belts led directly to large transfer cars that would travel to their suburban stations, while the other four would lead to separate city stations where they were marked and sorted for individual delivery. The loaded cars would then leave via the two-way ramp on the north side of Flower Street. Not to be burdened by the stresses of work, drivers and employees enjoyed a roof top recreation room complete with lawn chairs and a ping pong table.

In the heart of the South Park district in downtown Los Angeles, Flower Street Lofts is a walk away from world class sporting events, concerts, clubs, restaurants, shopping, theatre, museums and galleries. Across the street from the Staples Center, catch a Lakers, Clippers, Kings, or Sparks game, or one of the numerous concerts and celebrity-packed events including the Grammy’s and Emmy’s. Enjoy a five star meal at the adjacent Palm Restaurant or one of over two dozen other critically acclaimed eateries just within a block‚Äôs radius including Rivera, WP24, Flemings, and Katsuya. Spend the day at the L.A. Central Library or Museum of Modern Art, and the night hopping galleries in downtown‚Äôs popular art walk. Attend a concert in the breath-taking Walt Disney Concert Hall, and sip martinis afterwards with other downtowners at your choice of rooftop lounges like the Standard Hotel, Elevate Lounge, or Ion Bar at L.A. Live.

If adventure is your game, the Los Angeles Public Transportation System can take you everywhere without stepping foot in your car. The adjacent Metro Blue Line can take you as far south as Long Beach or up to Union Station where you can transfer to the Gold Line north to Old Town Pasadena; the Expo Line as far west as Culver City; and the Red Line subway to Hollywood and Universal Citywalk.

FLOWER STREET LOFTS FOR SALE   |   FLOWER STREET LOFTS FOR LEASE

Be a part of the renaissance of downtown Los Angeles, at the pioneer luxury- Flower Street Lofts!

 

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

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SEARCH LOFTS FOR SALE UNDER $500,000 | Popular | Top Luxury
Browse by Building | Neighborhood | Size | Bedrooms | Pets | Parking

signat-corey-dtla-rsi.jpg

Your Home Sold GUARANTEED or I’ll Buy It*

Corey Chambers, REALTOR¬ģ
(213) 880-9910
coreychambers@yahoo.com
http://www.laloftblog.com/

Your Referrals Help the Kids. For every referral I receive, I donate a portion to the Children’s Hospital Los Angeles. With your referrals, you are helping Children’s Hospital ensure that critical life-saving care is available to every child they treat. http://www.ReferralsHelpKids.com

Copyright ¬© This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449¬† Not associated with the homeowner’s association, seller 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.

Based on information from the Association of REALTORS¬ģ/Multiple Listing as of [date the AOR/MLS data was obtained] and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

*seller and Corey must agree on price and time of possession – details and conditions visit coreychambers.com

#flowerstreet #flowerstreetlofts #dtla #losangeles #lofts

Downtown Los Angeles Loft Market Hotter Than Ever, Moves to Pocket Listings

Downtown Los Angeles Loft Market, Now Hotter Than Ever, Moves to Pocket Listings

DOWNTOWN LOFT & CONDO LISTINGS:  FOR SALE  |  RENTALS

Los Angeles, CA — The weather may be cooling down but demand for downtown Los Angeles Loft spaces is actually heating up. In these times of economic uncertainty, eagerness to own such spaces in Downtown L.A. has actually grown — causing more demand than ever for what spaces remain — and more positive proof that Downtown is the place to be.¬† Keller Williams Realty Downtown specialists Realtor¬ģ Corey Chambers announced in 2011 that many signs of a market turnaround in the Downtown area were already becoming apparent, and now the numbers are in to confirm.¬† Buyers and their agents adapt by implementing new strategies, such as finding unlisted properties called ‚Äúpocket listings.‚Ä̬† VIDEO: http://animoto.com/play/pGs2nhV1rhlxozgVEL9ziw

Downtown Los Angeles Loft Market Heats Up,  Moves to Pocket Listings
Downtown Los Angeles Loft Market Heats Up, Moves to Pocket Listings

Downtown Los Angeles was one of the last places to see real estate prices fall, and now it’s among the very first to see them rise. Local economists report the reason for this is simple: demand is up, while housing inventory is down. Recently, the number of available properties for purchase has shrunk from 139 to 125 according to MLS statistics. As any smart investor knows, this means that it’s now officially a seller’s market as the average selling price has increased from 95.44% to 112.50% of the listed price. In addition, costs are increasing from the former low-end price of around $96,600 to $107,500 with the high-end price correspondingly rising from $1,966,300 to $7,250,000. Now, in fact, very few properties remain under $250,000 at all. Likewise, the number of days a property is on the market has decreased too, on average from 85 down to 55 previously, with the best properties averaging a mere five days on the market.

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All of these numbers just demonstrate what Loft Living L.A. real estate professionals have been witnessing for nearly a year: greater demand means reduced inventory, higher prices and faster sales.¬† Indeed, according to Realtor¬ģ Corey Chambers, who writes the L.A. Loft Blog, their experience is actually even more dramatic than these existing numbers indicate, because they deal with the highest quality properties that the Downtown area offers. ‚ÄúWe have seen the number of purchases grow dramatically over the past few months alone,‚ÄĚ he notes, ‚Äúand we have even more closings in the next few months.‚ÄĚ

DOWNTOWN LOFT & CONDO LISTINGS:  FOR SALE  |  RENTALS

Pocket Listings Save the Day in Downtown Los Angeles
Pocket Listings Save the Day in Downtown Los Angeles

With demand so high and increasing, Chambers points out that most of the successful purchases currently in escrow for his buying clients involve properties that are not listed and not advertised.¬† Weary buyers usually find only frustration when searching online for properties. The lack of inventory presents itself as listings that inevitably turn out to be already sold or otherwise unavailable.¬† Five out of seven of Chambers‚Äô clients are purchasing so called ‚Äúpocket listings,‚ÄĚ exclusive properties that are never entered into the MLS.¬† Most agents remain unaware of the listings.¬† ‚ÄúWhat the Loft Living team offers is different and better than pocket listings,‚ÄĚ says Chambers, ‚Äúbecause we have dozens of unlisted properties to choose from.‚ÄĚ The properties must be good.¬† More than 50% of buyers who have seen them have purchased one.¬† They sell almost instantly because they are priced to sell.¬† The last 12 unlisted properties sold within hours, nearly all of which were not on the MLS and unknown by most other real estate agents.

Of course, given unpredictable gas prices and continued turbulence throughout the fiscal marketplace, it just makes sound sense — economic and otherwise — to live where you work and play, particularly now as Downtown L.A. continues its triumphant rebirth and redevelopment, the likes of which the area hasn‚Äôt experienced in decades.¬† As demonstrated by an ongoing influx of stores and businesses, everything one could want or need is in enviably close proximity; where else would one find world-class museums, historic theaters, celebrated landmarks like the Dorothy Chandler Pavilion, Union Station, Disney Music Hall, and of course L.A. LIVE — all in the immediate vicinity of such unique and trendsetting housing opportunities?

Mike P. enjoys his loft that was not on listed on the MLS.

Loft residence in exciting Downtown L.A. offers the kind of rare cosmopolitan atmosphere in a neighborhood that exudes historic and contemporary energy. For smart buyers eager to experience the best of both these vibrant worlds, Loft Living Los Angeles has proven itself time and again to be tops in its field.

For more information, contact Corey Chambers (213) 478-0499 or visit  LAloftBlog.com

 

DOWNTOWN LOFT & CONDO LISTINGS:  FOR SALE  |  RENTALS

 

Corey Chambers L.A. Loft Blog
Corey Chambers L.A. Loft Blog

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

Corey Chambers is a Realtor¬ģ with Keller Williams Realty
Double Platinum award-winning team with volume over $15 million in 2010
DRE#01889449