Tag: prices

Posted on

RIVER HOUSE LA 2970–2980 RIPPLE PLACE, LOS ANGELES, CA 90039

River House Los Angeles
2970 Ripple Pl, Los Angeles, CA 90039

river-house-la2The L.A. Loft Blog is not affiliated with River House

Coming Soon – Now nearing completion, the new River House (formerly known as River Lofts) condominiums will be coming up for sale within the next few months.The project is expected to be much more affordable than lofts in Downtown Los Angeles.  While the neighborhood does not have the walkability of Downtown, it does provide a somewhat scenic spot right on one of the most natural sections of the LA River. Instead of graffiti, the spot has water, trees, plants, fish and waterfowl.

Stylish Designer Interior Touches
Stylish Designer Interior Touches

Adding to the appeal of the neighborhood are the bicycle path (which is also a somewhat dangerous walking path as the adult bicyclists sometimes speed too fast next to pedestrians, children and pets.) As River House gets ready to start showing soon, the new Marsh Park is already complete next door.  The neighboring park is a relaxing oasis with natural settings and exercise equipment. It also has an electric car charging station.

>> MORE

la-river-houseWhile the opportune river-side complex has a uniquely desirable location, yet suffers from an overall incomplete imagination (no river theme is carried out thus far), and many of the condo units have small windows, some of the units do offer larger windows and balconies facing the river, a rarity in L.A.

Bicyclists are sure to love it.  It’s also near Elysian Park, Dodger Stadium, Chinatown, Downtown and Silver Lake.

Request updates, new home information with descriptions, photos, early viewing and $10,000 Savings Certificate.

savings-guarantee-save-10-grand-10-1k-rsi

New Homes Interest List.  Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN L.A.  [MAP]

button        button (1)        

SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $10,000,000
Browse by Building  |  Neighborhood  |  Size  |  Bedrooms  |  Pets  |  Parking

ASCENDING ORDER (low to high)    |    DESCENDING ORDER (high to low)

–

Copyright © 2015 This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 The L.A. Loft Blog, Realty Source and Corey Chambers are not affiliated with River House or Anastasi Development. For more information, contact (213) 478-0499 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.

Posted on

The Skyrocketing Cost of Downtown – Los Angeles Rentals Get More Expensive

As the Downtown community grows rapidly, and rents continue to skyrocket, will the next wave of housing create more up affordable homes? Probably not, says the Los Angeles Downtown News.

Downtown Los Angeles Loft Rentals
Downtown Los Angeles Loft Rentals
Downtown is now brimming with a population of more than 50,000, and is in the middle of a housing boom that has made it one of the hottest real estate markets in the USA.

Billions of dollars have poured into the community in the past 10 years, while additional billions are already in the works.  According to the Downtown Center Business improvement District, more than 9,000 apartments and condos are under construction and another 13,500 units are being proposed.

When Downtown was more empty and gritty during its 1960’s to 1990’s decline, only a few bold artist types and a few Downtown business people lived here.  Now Downtown appeals many more who are seeking an exciting urban home that is walkable to many new shops,  restaurants, entertainment and public transportation.  The mainstream crowd is now on its way.

Downtown has created a large number of tech and media jobs recently, raising the average income, and allowing higher rents. Land costs have gone up, and the City of Los Angeles creates higher prices with more bureaucracy and limitations on apartment construction.  It takes months or years to just to get construction started in L.A. The results is rents that are up by 10.4% in a 12-month period.

Like the rest of America, the middle class is getting squeezed out of Downtown by policies that increasingly favor the wealthy and the poor, while ignoring the hard-working person who would like to move to Downtown.  In 2012/2013, the state and federal governments both stopped several programs to help the middle class to rent and buy in Downtown.

LOFT & CONDO LISTINGS DOWNTOWN L.A.  [MAP]

button        button (1)        

SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $10,000,000
Browse by Building  |  Neighborhood  |  Size  |  Bedrooms  |  Pets  |  Parking

ASCENDING ORDER (low to high)    |    DESCENDING ORDER (high to low)

–

Copyright © 2015 This free information provided courtesy Corey Chambers, Realtor, Realty Source Inc BRE#01889449 We are not necessarily associated with the owner or management. For more information, contact (213) 478-0499 or visit LAloftLease.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, seller or renter is already under contract with another broker.