Tag: off-market

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Arts District Downtown Los Angeles Unlisted Lofts For Lease and Apartment Rentals

Finding the right home in Downtown LA just got a lot easier.  #dtla #apartments

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It’s not easy to find just the right place in Downtown LA for the right price, but it gets a lot easier when buyers and renters can get access to all of the different types of lofts, condos and apartments for lease and for sale, including the pocket listings, off-market and unlisted lofts that are not on the internet.

beacon-203-kitchen-c-e-mkHere’s some unlisted 960 sq ft lofts available exquisitely furnished, partial or unfurnished with a dramatic skyline view and awesome balcony. Not listed with real estate agents, but the L.A. Loft Blog has the scoop. In the Arts District of Downtown Los Angeles, these live-work lofts are designed for creative city living. Some of these rentals are 4th floor large open loft units complete with everything you can possibly need. They has historic industrial charm along with modern detailing, high ceilings, bright south facing views with lots of natural light, polished concrete floors with metallic epoxy, modern open kitchen that flows into spacious living areas, stainless steel appliances, views, modern bathroom with in-unit laundry washer / dryer, central air.  Photos show a similar unit. Available exquisitely furnished or unfurnished. Gated assigned parking. Dog run and rooftop deck with hot tub spa and outdoor kitchen with barbecue grill and stunning view of the city. Across the street from Architecture and Design Museum, one block from Arts district flea market, dog park, and La Kretz Innovation Campus Cleantech Incubator, near Little Tokyo, and the new outdoor mall At Mateo, Zinc Cafe, The Base LA, Sticky Rice, Bestia and Metro station. Request photos, pricing and details. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA  [MAP]

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SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $30,000,000
Browse by Building  |  Neighborhood  |  Size  |  Bedrooms  |  Pets  |  Parking  |  More

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Water arrives at The Base LA by Live/Work Industrial Lofts Downtown Los Angeles

Copyright © 2016 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.

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Downtown LA Pocket Listings – Who, What, Where, How, When and Why #pocketlistings #dtla

Unlisted and Off-Market Lofts and Condos For Sale in Downtown Los Angeles

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I received an unusual phone call yesterday from an appraiser.  She did not ask the usual appraiser question of how much is a property worth and why.  She asked passionately, “Why would a seller want to do a pocket listing?”  It was a great question, and she asked the right person.

A pocket listings is an unadvertised or less-advertised property for sale that is not listed on the agents multiple listing service and often not on the internet.  As The MLS has correctly pointed out, the buyer gets advantages when they gain exclusive access to a pocket listing. So the questions is why would a seller want a private sale rather than placing the property on the MLS?

There’s a whole list of benefits to pocket listings and thus many reasons.  The main reasons are that it gives more control to the seller, prevents some problems that a public listing can create, and can provide for a quicker, smoother sale. It can often lead to a higher sale amount if done correctly. Most agents do not do many pocket listings, and for good reason; they don’t really know how.

Many sellers have current tenants whom they don’t want to bother, so a pocket listings allows the listing agent to bring offers to the seller with less bother to the tenant, and sometimes to even bring in offers on the property before showing it to anyone at all.

pocket-suit-ebeBuyers are attracted to special deals. Buyers like it when they get to buy a property that other buyers only which they could buy. A pocket listings is extremely appealing to those buyers. Why would a seller want to ignore the buyers who are excited by an exclusive opportunity. A pocket listing, unlisted or off-market property brings in the buyers who are looking for a special deal. Check out the lowest priced loft in the nicest, cleanest part of Downtown today in the Higgins Building at 108 W 8th Street.  It’s an historic building with Mills Act tax savings, asking $400,000 and it’s not on the MLS.

One sure way to foul up the reputation of a listed property, its owner and its listing agent is to list a property on the MLS with a price that too high for several months.  Property listings are most exciting when just listed.  The excitement quickly fades within a few weeks, and after a month or two the listings gets stale, and then the common sentiment becomes “what’s wrong with this property?”  A pocket listing helps to prevent the stale listing problem. The pocket listing can be ideal for sellers who need above-market dollars for the home, and who have lots of time to sell.

When priced right, the pocket listing can allow the listing agent to call an existing buyer client who may purchase the property immediately with less hassle to buyer and seller.

What most professionals and non-pros alike don’t know is how to implement all of details of a pocket listing, including the pocket listing adjunct marketing, time-period, duration, as well as what to do before and after the pocket listing.

Get pocket listings free in your email.  Fill out the online form:

Find out how much your neighbor’s loft sold for at www.HomeEvals.com

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LOFT & CONDO LISTINGS DOWNTOWN LA  [MAP]

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SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $30,000,000
Browse by Building  |  Neighborhood  |  Size  |  Bedrooms  |  Pets  |  Parking  |  More

 

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Copyright © 2016 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, 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.