New Lofts Downtown Los Angeles New Homes Under Construction and Coming Up For Sale

New Homes in Downtown L.A. Under Construction

Shiny new and sparkling clean new homes with the latest architecture and most modern convenience combine with new loft conversions, newly remodeled historic and industrial buildings converted to modern urban live/work residences, coming to DTLA.  #newlofts #dtla #newhomes

Historic building soon to become residential live/work lofts
Historic building soon to become residential live/work lofts

NEW LOFTS

Prospective Downtowners and investors appreciate it when old historic and industrial buildings are converted from useless dilapidated structures into repurposed residential live-work lofts with open spaces, lots of oversized windows and natural light, in the best walking areas near shopping, dining, entertainment and transportation. From 2000 to 2014, more than 20 buildings were converted. But in the last 3 years, there have been only rentals, and not available for purchase. The good news is that this trend may be changing.

Newest Buildings Lofts popular, well-known condominium loft building in the Arts District and other neighborhoods in and around Downtown Los Angeles. It’s been several years since any loft buildings have been created in Downtown Los Angeles. ¬†The most recent one was Barker Block Warehouse 1.
Downtown Los Angeles.

New Lofts Downtown LA
Where are the new Lofts in Downtown Los Angeles? When Barker Block Warehouse 1 opened in 2014, there was a mad rush on the very first day of sale, with 2,800 lookers for only 15 available units. The seller had a big advantage. The developer’s sophisticated marketing machine captured offers well above asking price, above the comps and above market value for Downtown L.A.

VIP Access to New Constructon Lofts Downtown L.A.
While the neighborhood suffered from a glut of unsold properties six years ago, Downtown L.A. today is today experiencing a dramatic shortage of affordable homes for sale. Buyers of lofts and condos are finding that cheapest entry level lofts have tripled in price from around $150,000 in 2011 to around $450,000 today. New residents and investors who put faith into Downtown real estate have been proven right in a big way. Downtown homeowners are sitting pretty, but it takes some new thinking for buyers to make the best of the current market. We can clearly see the very good side to owning real estate in the world’s most amazing Downtown renaissance, a bright financial future.

Successful buyers today must take advantage of the most powerful strategies to find bargains around Downtown. Today’s successful buyers get access to REO bank-owned foreclosures, short sales, distress sales, fixer uppers, raw lofts and nearby condos and houses outside of Downtown. For those who want to live in the heart of Downtown, new construction and unlisted properties have most recently provided the best solution. Pocket listings have accounted for nearly half of the best deals in the past 5 years. Not every agent can help with pocket listings because they are exclusive in nature. Those unfortunate buyers who are using an out-of-area agent have had the worst luck.

New L.A. Loft Construction
There is hope for buyers who need to see more properties for sale! Many successful buyers have found more than 200 unlisted properties for sale in the past few years, including more than 100 new construction lofts. While the general public has seen rising prices along with fewer and fewer good properties available, thousands of smart buyers have discovered hard-to-find information and were able to see a variety of pocket listings in Downtown Los Angeles.

Home buyers have had found the most amazing lofts and the best prices when they were able to see as many amazing lofts and condos as possible. They focused on total properties to see. There are always a number of unlisted loft bargains in Downtown. Simply sign up for the New Loft Interest List.

New Lofts Coming to Downtown ‚Äď Find Out When and Where, and get email notification when new lofts are announced.

Barker Warehouse

Title Guarantee

Chapman

Brockman

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Downtown Los Angeles New Lofts Coming Up For Sale ‚Äď Which Loft Buildings Will Go Condo?
Downtown Los Angeles New Lofts Coming Up For Sale:
Which Loft Buildings Will Go Condo?

Downtown is SOLD OUT!!!!!!!! If you did not purchase a new loft in the past three years, then you are out of luck. Or are you?

In 2007, Downtown had at one point around 300 brand new loft conversions coming onto the market. Today, the number is close to zero new constructions lofts for sale. Resale loft inventory is also near an all time low. There are almost no foreclosures or short sales. When new Barker Block Warehouse 1 lofts went up for sale in January, buyers faced widespread sticker shock as the prices were nearly all above $500,000. Buyers are looking for a deal. For 2014/2015, the two best places to find the best loft deal are new lofts and unlisted lofts.

The L.A. Loft Blog has the scoop on the loft rental buildings that are most likely to come onto the market for sale in the near future, including:
Downtown SOLD ‚Äď Request VIP access to new upcoming lofts for sale
Luxury Loft Tower
Historic Furniture Warehouse
Luxury Historic Lofts
Historic Core Flats
Luxury Restaurant Row Historic Lofts
Historic Core Loft Tower with Balconies
Shopping and Restaurant Arcade Lofts
Pershing Square Historic Loft Building
Other loft buildings going condo and new construction lofts: Get a free hotlist of new lofts coming up for sale, with loft rental buildings that are rumored to be going condo in the future.

Be among the first to be notified of new lofts coming up for sale. As a VIP Buyer, you will also receive lists of Downtown distress sales, unlisted lofts, short sales, raw lofts and sold lofts for comparison. Get invited to see new lofts under construction, loft condo conversions and loft buildings going condo by registering for the VIP Buyer Program free at http://www.lacondoinfo.com/vip_buyer.asp

Which loft condo rental buildings is most likely to go condo next?

Promenade West

Title Guarantee

The Brockman

Spring Arcade

None of the above

New Lofts Coming to Downtown ‚Äď Which Loft Rental Building is Most Likely to Go Condo Next?

Which Loft Rental Building is Most Likely to Go Condo Next? Take the GOING CONDO Quiz.
Which loft rental building is most likely to GO CONDO next? Take the Quiz.
More than half of Downtown loft buyers prefer to purchase a new development of a genuine historic loft. These newly renovated lofts are often considered to be the most modern, chic and impressive homes of today. Out are the small, dark compartmented rooms with wall-t0-wall carpet ‚Äď yuk!! In are huge windows, bright natural light with views, open floorpans with just the right bed area separation, polished floors and stainless steel appliances. The L.A. Loft Blog has recently heard from several sources about one impressive loft building in particular that may be going on sale very soon. Be among the first to find out. Take the Loft Blog ‚ÄúGoing Condo‚ÄĚ Quiz to test your Downtown loft knowledge. You will immediately get the correct answer, and you will be notified by email of upcoming loft condos for sale.

Test your Downtown loft knowledge. Which Downtown loft rental building is most likely to go condo next? Take the Quiz and find out now! Fill out my online form:

We have recently received word of some new Downtown historic lofts coming up for sale in September, several new luxury high-rise condos for sale, new 3-story townhomes in Silver Lake (some with private rooftop terraces and views), new high-rise luxury Downtown apartments for lease and even new short-term luxury high-rise apartments as well.

Save $25,000 GUARANTEED or I’ll Pay You $3,000 – Details at http://www.coreychambers.com/save-4-25k

Now that most experts agree that interest rates will be rising sooner rather than later, buyers can lock in low rates in a super strong, relatively stable market in the most exciting place on Earth. We are recently hearing more and more people compare Downtown L.A. to New York City. Of course, Downtown does not compare to NYC in population density, and New York does not compare to Downtown LA in spaciousness, climate or entertainment and recreation options. Best of all, compared to New York City, prices in Downtown Los Angeles are still quite a bargain for now.

New Apartments Downtown Los Angeles
Get more info on new historic lofts coming up for sale, new luxury high-rise condos now for sale, new apartments for lease, new short-term high-rise apartments or Silver Lake Townhomes.

New Lofts Coming Up For Sale in Downtown Los Angeles ‚Äď Modern, Updated Condos in Historic Building
This is it! It’s what you’ve been looking for: Newly renovated Downtown historic live-work lofts with spacious open floor plan, high ceilings, lots of windows and light, and easy walk to dining, shopping and entertainment. Find out more. Get on the New Lofts Interest List.

Those who are interested can get details, photos and and early viewing with the L.A. Loft Blog information request form below.

New Lofts DTLA

The public will soon have an opportunity to own an icon of an Art Deco style high-rise building in Downtown Los Angeles. The selection of several new lofts for sale were built in 1930s. Originally luxury office building designed in the roaring 20’s, the historic buildings have been converted into loft homes. Just minutes from upscale restaurants, steps away from dining, well-known art galleries, cultural attractions, L.A. Live, Staples Center, Metro transportation and shopping and entertainment venues.
Courtesy Killefer Flammang Architects
Prices soon to be available to the public. There are several different floor plans, some with
terraces and balconies. Studios from 750 sq. ft. ‚Äď 855 sq. ft. One bedrooms at 1,020 square stumptown-coffee-artsfeet ‚Äď 1,100 sq. ft. Two bedrooms at 1,390 sq. ft. ‚Äď 1,410 sq. ft. Duplex with 2 and 3 bedrooms at 1,280 sq. ft. ‚Äď 1,945 sq. ft. Penthouses 1,620 sq. ft. ‚Äď 3,565 sq. ft.

We anticipate a quick sell out of these unique one-of-a-kind loft homes in downtown LA.

Get more information with descriptions and photos, and request an early viewing. Fill out the online form below.

New Lofts Development For Sale Coming Soon To Downtown Los Angeles
More than half of all of those who are thinking about owning a loft in Downtown will choose a new loft development in an historic or industrial loft building when given the opportunity. Recently, that chance has only come around about once every couple of years or so.

New lofts are popular because they combine the authentic urban character with convenient amenities, modern appliances and stylish finishes. They are often the best deal because the developer creates a glut of dozens of units for sale at a time that must be sold.

Other benefits of new lofts are an initial lack of lawsuits and litigation that plague nearly 20% of Downtown loft listings. While existing loft buyers often have issues getting a home loan, there is usually no problem getting financing at a new loft development as the developer has already connected with a lender who will provide loans on the special loft conversion condos in the formerly commercial building. There are pitfalls to avoid.

Buyers often make many mistakes when dealing with developers. In an extremely competitive environment, some buyers make the mistake of blindly trusting the seller, and then fail to get free representation from a Downtown specialist Realtor who can help the buyer to get as many advantages as possible over the seller and competing buyers. The most common and biggest mistake is innocently walking into a new loft sales office without an agent. The innocent visitor, who is just browsing, does not know that he or she will love the lofts until after seeing them. By that time, IT’S TOO LATE. The developer has already set up the potential buyer to waive several of their legal rights, starting with the right to free representation by a Downtown specialist Realtor. That is why everyone, especially first-time buyers, absolutely MUST bring a Downtown specialist real estate agent to the very first viewing to protect the buyer’s rights. Some unlucky buyers are never informed about all of the pros and cons of the building, and worst of all, some buyers never find out what is really the lowest price that the developer will accept. Many buyers pay $10,000 or more than necessary because they did not take advantage of a Guaranteed Savings Program such as Save10Grand.com.

Anyone interested in new Downtown lofts can request property descriptions, photos and an early viewing. Beat out other buyers to the best new lofts and best deals. Fill out the online form:

Fill out my online form.

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

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New Lofts Downtown Los Angeles
New Lofts Downtown Los Angeles

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.

New Homes in Los Angeles – New Build, New Construction Townhome Condominiums

Many buyers really love brand-new construction homes because they are sparkling clean, most modern and they include the latest state-of-the-art conveniences.

New Homes
New Homes

New homes provide the greatest advanced comforts and latest architecture and building technology. New build townhome condominiums, modern town house builds and shiny single family homes often bring an impressive value

Save Money Guaranteed at www.Save10Grand.com
Save Money Guaranteed on a New Home

along with excellent satisfaction for the home buyers. ¬†New home buyers want to see all of the new developments that match their home search criteria, and they don’t want to risk missing out on just the right place. ¬†Several LA Loft Blog readers have recently purchased new homes in Downtown Los Angeles, Lincoln Heights, Elysian Valley, Frog Town, Pasadena, and a happy home buyer who loves Disneyland just placed a deposit on an immaculate 3-level town house style condo being built by the Outlets at Orange. The most demand that we’ve seen near Downtown L.A. is for the new townhomes with views overlooking DTLA at www.TerraceLA.com.

Many buyers spend more than necessary. This problem is easy to prevent. Before stepping foot in sales office, pick up a free coupon for $1,000 off of the closing costs at www.Save10Grand.com.  #newhomes #losangeles

Get a free list of new homes in Los Angeles and other Southern California neighborhoods. Fill out the online form:


LOFT & CONDO LISTINGS DOWNTOWN LA  [MAP]

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Sparkling Clean New Homes For Sale
Sparkling Clean and Fresh New Homes For Sale

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.

New Homes Under Construction Los Angeles Downtown, Elysian Valley Frog Town, Highland Park, Chinatown, Elysian Park

New Townhomes and Luxury High-rise Tower Condominiums in L.A.

New homes under construction
New homes under construction

The gateway to modern living, new town house condos are now under construction with several spacious new townhomes and other condominium being built in the picturesque heart of L.A. #newhomes #losangeles

New Homes Condo Towers
New Homes Condo Towers

In a place as unique as the streets themselves, the new home projects under construction promise to bring a new sense of style to Los Angeles. Unique architectural designs, 3-story townhomes, up to 2,111 sq. ft. of living space. In some of the most popular walking areas, new residents are sure to enjoy diverse boutiques, coffee shops and restaurants just steps from the front door. With home prices starting in the high $500s, the personality and proximity go hand-in-hand, making home a place as unique as the owner. Under construction and nearing completion, luxury high-rise studios to three-story town houses are nearing completion with up to 3 bedrooms and 3 baths.

New Townhomes Los Angeles
New Townhomes Los Angeles

Situated high above DTLA, new gated communities awaken the senses and inspire movement throughout the day. Three-story townhomes with stunning views, chic interiors and easy access to work and play are guaranteed to change life in LA.

New homes are under construction in Downtown Los Angeles, Elysian Valley, Frog Town, Chinatown, Elysian Park, Figueroa Corridor, Highland Park and other neighborhoods near Downtown Los Angeles.

Some of these neighborhoods have been listed as the leading choices in the L.A. Loft Blog’s list of top up-and-coming neighborhoods of Los Angeles.  |  NEW HOMES

Get a free list of new homes under construction around Downtown Los Angeles. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA  [MAP]

Lofts For Sale                Map Homes For Sale Los Angeles

 

SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $30,000,000
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New Homes Los Angeles Townhomes Under Construction

Copyright 2017¬†¬© 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 Lofts For Sale – How to find the best deals

Best Deals in Condominiums in Downtown L.A.   #dtla #bestdeals #homes

The best deals go quickly. That’s why smart home buyers know how to look for special deals that offer better homes, more amazing lofts, at lower prices and with higher profit potential.

New Home Los Angeles
New Homes Los Angeles

Best Deal Types

New Construction Homes – New build homes are often a better deal because they are newer, latest technology and highest construction quality, at very competitive prices.

Mills Act Homes – The state of California, along with counties and cities provide a big discount on property taxes to owners of qualified historic lofts and buildings.

Distress Sale – When a seller needs to sell quickly for any reason, or when the seller is having difficulty selling due to physical or legal condition of the property, it opesn up the possibility of better negotiating power for the buyer, and a lower price.

Bank Owned – When a homeowner can’t pay the mortgage on time, the bank takes over the property and sells it for whatever the market will bear, often at a low price.

For Sale By Owner ( FSBO ) – Some owners prefer to sell their home themselves rather than using a listing agent. This can create a great opportunity for buyers to negotiate a lower price.

Expired – When a home is listed for sale but does not sell, it creates an opportunity to offer a lower price.

Foreclosures – When home was not paid for on time, the property is taken over by another party, who often sells it quickly at a lower price.

REO РReal Estate Owned is a class of property owned by a lender, typically a bank, government agency, or government loan insurer, after an unsuccessful sale at a foreclosure auction.

Company Owned – Refers to a bank-owned property that is taken over due to a foreclosure or similar action.

Estate Sale – When a homeowner passes away, the family or other heirs inherit and sell the property to distribute to the funds fairly to the new owners.

Probate Sale – When a homeowner dies without a proper trust, a judge must oversee the transfer and sale of the property.

In Escrow – Many prospective home buyers give up when they hear that a desirable property is already in escrow with another buyer. Rather than giving up, the buyer can and should take steps to be an official back-up buyer.

Under Contract – A residential purchase agreement has already been signed, but the agreement may be canceled. Buyers can put in a back-up offer to take advantage of canceled contracts.

On Hold – The seller has decided not to sell the property for a certain period of time. The seller is likely making preparations to sell, and smart buyers will place an offer and then follow up frequently to get a great deal.

Vacant – Nobody is living at the property, so the seller could be paying mortgage and losing a lot of money. The seller might drop the price drastically, giving the buyer an excellent deal.

Divorce SaleDivorce Sale – One of the fastest growing deal types, divorces are commonplace in Southern California, and create an opportunity where the property must sell more quickly, often at a lower price.

Auction РThe property sells to the highest bidder, often at a below-market price.  The auction process is often used for unsold new homes, foreclosures and bank-owned homes.

Pre-auction – When a home owner is late in mortgage payments, the property gets listed as a pre-auction. Most auction listings are actually pre-auctions that will never go to auction, but offer a great chance to put in a profitable offer to the owner even if the unit is not listed for sale.

Pre-foreclosure – Before going into foreclosure, the property owner is often open to considering unsolicited offers, an excellent opportunity for savvy home buyers.

Raw Lofts – Loft developers sometimes do not complete every unit in a loft conversion development. These raw lofts often sell at a lower price similar to other unfinished construction homes.

Off Market РAny property that is not listed on the MLS as Active is an off-market property.  These reduced-visibility listings and unlisted homes offer superior opportunities to get a lower price when other buyers do not see them.

Private Listings – Some home sellers do not want the general public to know that they are selling their home, so the seller chooses to keep the listing private and only offer to show it to buyers who are qualified.

Pocket ListingUnlisted – Properties that are not listed on the real estate professional’s MLS Multiple Listing Service. ¬†With less competition, buyers can get a better deal and an easier negotiating process.

Pocket Listings – When a listing agent does not make the property information available to all other agents, the buyer can often get a better deal due to reduced competition.

Need To Sell Now – Homes that need to be sold immediately provide an excellent deal for buyers who are fully prepared and ready to grab a bargain.

Short Sales – When a home seller owes more than the property is worth, the seller can sell the property with the lender’s permission in a short sale. ¬†Short sales take longer and require twice as much negotiations, with the seller and also with the seller’s lender.

Unclaimed Homes – Any home that has not yet closed escrow can present a super deal for the buyer when the buyer implements superior search, bargaining and negotiating strategies.

Get a free list of distress sale deals.  Fill out the online form:

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New High-rise Condominiums For Sale
New High-rise Condominiums For Sale

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.

Fig and Fifty Walk

Fig & 50 Walk New Homes in Highland Park Los Angeles

Fig & Fifty Walk Condominiums

FigAndFiftyWalk.com

Described by the new home builder as “Highland Park’s gateway to modern living,” Fig & Fifty Walk is now under construction with 29 spacious new townhomes.

In a place as unique as the streets themselves, Fig & Fifty developer¬†Olson Homes promises to bring a new sense of style to the iconic Figueroa Corridor in Highland Park. Fig and Fifty’s unique architectural design features 3-story townhomes, each with up to 2,111¬†sq. ft. of living space. Steps from the popular York Boulevard, residents are sure to enjoy diverse boutiques, coffee shops and restaurants just steps from the front door. With home prices starting in the high¬†$500s, Fig & Fifty‚Äôs personality and proximity go hand-in-hand, making home a place as unique as the owner. Under construction and nearing completion, three-story town houses are nearing completion with up to 3 bedrooms and 3 baths.

Highland Park has been listed as one of the leading choices in the L.A. Loft Blog’s list of top up-and-coming neighborhoods of Los Angeles. ¬†| ¬†NEW HOMES

New Homes 

Get a free list of new construction homes in Los Angeles. Fill out the online form:

 

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

fig and fifty
Highland Park Bowling- simply stunning!

#figandfiftywalk #fig&fifty #highlandpark #newhomes #newconstruction #townhomes #townhouse

Elysian Valley Riverfront Creative Campus – New Apartment Homes For Lease on the LA River

New Apartments Los Angeles Riverfront Creative Campus Coming to Elysian Valley

Elysian Valley Creative Campus
Elysian Valley Riverfront Creative Campus on the Los Angeles River

The new development will re-use two existing riverfront buildings and re-develop a vacant lot that was used as a bulldozer storage yard. It will also construct a 3-story mixed-use building with 40 live-work units arranged in a U shape around a landscaped central courtyard; eight of the units will be reserved for low-income households. About 8,000 to 15,000 square feet of commercial space will be on the ground floor.

The new construction will be set back between 60 and 90 feet from the River and will feature 33 studios and seven 3-bedroom units .  #apartments #evrcc

Developed by Terra River LLC, the Elysian Valley Riverfront Creative Campus seeks¬†to “create meaningful connections to the Los Angeles River”.¬†The¬†40,000-square foot building also has eight low-income units. Tax credits have enabled Terra River to offer discounted rents for non-profits, and river or community businesses.

Building height is expected to reach to 56 feet. The development will have underground parking, three stories of studio units (about 700 square feet), and three-bedroom units (around 1,100 square feet).

It also plans to eventually lower or remove the seven-foot concrete wall that separates the property from the Los Angeles river and open up the existing 1947 bow-truss building to the Los Angeles River bike path, so people can move freely from the path into the development. “This building is really just like a tent, supported by poles. We can open up this whole structure to allow the Los Angeles River through,” explains de Forest.

Terra River is also working on a street-end park concept on Allesandro Street, which they hope would soften the transition between the development and the river. Landscaping also plays a large role in the project. In site plans, seating areas can be found alongside riparian landscaping. De Forest also says that a storm water recycling system with a giant cistern at the basement would be implemented at the project, which would help capture, treat and re-use the water instead of allowing urban runoff to flow through pipes and onto the river, which is what the current neighborhood infrastructure does.

The River Campus is now under construction. It is not known exactly how lofty the live/work units will be, whether all of the residential units will be new construction, or if any of them will occupy the re-used existing structures. Currently, it appears as thought the units will soon be available as new apartments for lease and not for sale.

Get a list of new construction condominiums for sale in Frog Town Elysian Valley. Fill out the online form:

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Frogtown New Construction on the LA River
Frogtown New Construction on the LA River

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.

New Homes For Sale Los Angeles and Downtown – Update: Condos by L.A. River More Than 50% Sold

Real Estate News Downtown Los Angeles and Nearby Communities

The new condos on the LA River are now more than 50% sold.   #lariver #newhomes

New Homes For Sale Los Angeles River Condos
New Homes For Sale Los Angeles River Condos – More than 50% Sold

There are 3 units remaining under $500,000 and 2 of those are facing the river near Downtown Los Angeles. Get on the New Homes Interest List or see how to compare new home purchase to resale at www.NewHomesLA.com.

Homes For Sale Los Angeles River
Homes For Sale Los Angeles River – Moving In

The two new condo units priced at around $499,000 are expected to be sold quickly, likely within the next week or two.  Over 50% sold means that the project is a success and the buyer can use nearly any lender because the home loan mortgage companies now recognize that the development is not likely to fail, and there is little or risk involved now that the condos have achieved triumphant progress.

River Single Family Homes Los Angeles
New single family homes and duplex houses by the Los Angeles River. Phase 1 Sold Out.

Across the river, the other new development, single family homes and duplex houses on the north side of the Los Angeles River have sold out the first phase. The model home is now for sale, and the newest phase is expected to start selling sparkling newly built houses in the next few months with prices starting in the high $600,000s.

In addition to the relatively small number of traditional new condos and houses, the bulk of new homes in the area are the thousands of new construction high-rise condominium units for sale in the tower buildings that are popping up in Downtown’s newer South Park district.

OceanWide Plaza, Circa and other new highrise residences Downtown LA
New highrise residences Downtown LA

The L.A. Loft Blog recently reported that some of the highrise buildings are uniquely positioned, while others are at risk as they may represent a potential glut due to the large number of cookie-cutter new-highrise developments with large numbers of units that the builders will need to try to sell in order to be profitable.  Some modern condo owners such as those at nearby Evo, Luma and Elleven buildings have already started to panic, causing a softening of South Park modern loft prices, due to the coming throngs of brand new condo units for sale in the South Park district neighborhood of Downtown Los Angeles.

Get a list and priority access to new homes under construction, along with new build homes that are ready for move-in. Fill out the online form:

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New Homes Los Angeles River For Sale
New Homes Los Angeles River – Officially Successful Condominiums For Sale

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.

1212 Flower Street New Homes Los Angeles South Park Downtown LA Luxury Highrise Under Construction

1212FlowerSt.com

With the new construction of huge shiny, super luxury high-rise condominium towers Metropolis, Ten50, OceanWide Plaza and 1133 Hope St, one begins to wonder if Downtown Los Angeles is headed for a high-rise condo glut. #1212flower #southpark

1212 Flower Street New Homes Los Angeles
1212 Flower Street New Homes Los Angeles

When two huge towers are added onto that at 1212 Flower St., the risk of an upper class housing overage becomes palpable. Let’s explore the need and merits of the new build before jumping to any conclusions. Here’s this week’s real estate news:

One block east of Staples Center and the L.A. Live complex, Onni kicked off construction in October for 1212 Flower Street, a two-tower residential development.

1212 Flower Street residential lobby
1212 Flower Street residential lobby

The mixed-use complex replaces the parking lot of a mid-century style office building. The coming new luxury condominium towers shall rise to 40 and 31 stories, and will bring to Downtown LA a whopping 730 residential condo units for sale, along with a modest 8,000 square feet of ground-level retail space.

As with the tower at 820 Olive Street, 1212 Flower is being designed by Chris Dikeakos.

2 Tower DTLA Development Under Construction

The Pico Metro Station now will be sandwiched between high-rises. Metro might need to really upgrade that little station next door. A parking lot near Pico Station is making way for the future residential / retail complex.   |   NEW HOMES INTEREST LIST

After a recent ground breaking ceremony for its neighboring 1133 S Hope St., the newest Downtown development has begun preparing for construction.

1212 Flower St Downtown LA
1212 Flower St Downtown LA

Canadian real estate developer Onni Group has set up the construction zone¬†fencing around the¬†surface parking lot at 1212 Flower Street. The one and a half acre site, next to Pico Station, is scheduled¬†to soon support¬†two of highrise luxury tower condominium buildings that will be one of Downtown’s largest residential buildings full of sparkling new homes for sale. ¬†The buildings will contain parking accommodations for up to 830 cars.

Documents filed with the L.A. Department of Planning indicate that the towers that shall be some of the tallest residential skyscrapers in the area. The glass and steel structures have been designed by Canadian Chris Dikeakos Architects of Vancouver, British Columbia.

The property is already home to a 70,000-square-foot office building, which will not be torn down because the 1960s 5-story structure has recently benefitted from several substantial renovations and upgrades, such as a new gymnasium in the basement.

1212 Flower is not the first big construction¬†project done by¬†Onni in the Downtown area. After¬†Level DTLA and 820 S. Olive Street, the¬†company has also¬†purchased the historic Los Angeles Times Building. ¬†Onni is expected to tear down part of the Times Building to make way for¬†the construction of a multi-family residential complex. ¬†It is not yet known if the Times Building will turn into the “Times Lofts” condos for sale or “Times Apartments” for lease.

The Flower Street project is being heaped on top of an exploding number of new towers that are replacing parking lots all around block across from the east side of the Staples Center. The upcoming new towering Circa apartments and Oceanwide Plaza mixed-use condo / hotel / shopping center developments are among the most spectacular, sprawling and imposing of the bunch.

Get priority access to see the new 1212 Flower Street condominiums for sale and receive new homes photos, descriptions in your email. Fill out the online form:

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1212 Flower St Downtown Los Angeles
1212 Flower St Downtown Los Angeles

 

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.

1133 S Hope St New Build Condominiums Now Under Construction South Park Downtown Los Angeles

1133 HOPE NEW HOMES DOWNTOWN L.A. SPECIAL UPDATE

1133 HOPE STREET condos under construction
1133 HOPE STREET condos under construction

12th Street is going to be a very busy place. The area is already starting to feel a little different, and Hope St. is going to look very cool in about 2 years.  #newhomes #dtla

New Homes Downtown LA 1133 Hope
New Homes Coming Soon to 1133 Hope lot

1133 S. Hope Street new condo development originally by Shanghai Construction Group America is currently under construction at 1133 South Hope Street, Los Angeles. The development has a total of 200 units. See 1133Hope.com

1133 S Hope St South Park Downtown Los Angeles
1133 S Hope St

About a month after a¬†construction zone¬†fence encircled a parking lot at 1133 S. Hope Street, it looks like¬†construction is now¬†really starting for South Park’s newest¬†mixed-use luxury highrise condo tower tentatively referred to as 1133 Hope.

Construction crews are now digging up the old parking lot asphalt from the .65-acre lot property, which will give way to a sparkling new upcoming 28-story tower of 200 condo units atop 5,000 sq ft of street-front retail space and its own parking garage.

Virtual photos¬†from Chris Dikeakos Architects depict¬†a modern coming 330-foot tower building that looks a lot like Onni Group’s 1212 Flower Street project that is already under construction about a¬†block south.

The project is now being developed by Fulton Street Ventures, the American affiliate of Chinese real estate company R&F Properties. The property was originally connected by Canadian developer Amacon.

Get 1133 S Hope St new homes info, pricing, availability and priority viewing by getting on the interest list. Fill out the online form:

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1133 South Hope Street alley green wall
1133 South Hope Street alley green wall view from Flower Street Lofts Building

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.

OceanWide Plaza New Homes For Sale Downtown Los Angeles – Highrise Condominiums Update

Oceanwide Holdings $1 billion mega-development in the South Park neighborhood of Downtown L.A is making rapid progress.   #oceanwide #plaza

OceanWide Plaza Under Construction
OceanWide Plaza Under Construction South Park, Downtown Los Angeles

The Beijing developer is constructing the 3-building Oceanwide Plaza project, the company’s first North American project, on schedule to be finished in early 2019.  The exciting mixed-use complex is among the largest under way in LA county, with 504 condos, 166,000 sq ft of retail, plus the 184 room Park Hyatt hotel.

CallisonRTKL architects, the designers of 717 Olympic and L.A. Live, along with Kennedy Wilson for retail and other top of the line consultants have also teamed up to ensure the success of the project. OceanWide Plaza amenities will include a dog park, basketball court and jogging track. It will be like an oasis inside the city. Residential floor plans will lend both openness and privacy with well-separated bedrooms. The Chinese creators have put in great effort to fit the architecture and details to local desires and demands. The retail portion of the plaza is designed to really answer to the needs of the neighborhood with moderately high-end shops.

Get free information about OceanWide Plaza and other new homes for sale around DTLA. Fill out the online form:

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OceanWide Plaza Downtown LA
OceanWide Plaza Downtown LA

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.