Downtown Los Angeles 2-Bed 2-Bath Balcony and Views 880 W 1st St #412 In Escrow

Downtown LA Real Estate Success Story:  Promenade West Condominium – Active, Under Contract

Why did this condo outperform other Downtown LA real estate transactions? Other nearby condos have taken 2 months to sell, but this ideal urban abode was snatched up in just 10 days!

Spacious 2 bed, 2 bath in the heart of Downtown Los Angeles Bunker Hill District! The true definition of living a grand city life. Full service condominium complex controlled access 24-hour security concierge, on-site manager, guest parking, fitness center gym, swimming pool, hot tub spa, dry sauna, a gorgeous courtyard with luscious greenery and serene waterfalls, convenient on-site dog park. Close to shopping, dining, Disney Concert Hall, The Broad, The Museum of Contemporary Art, Center Theater Group Ahmanson, Mark Taper Forum and Dorothy Chandler Pavilion, The Staples Center.  1,348 sq ft of updated living space includes Central AC & heat, a private terrace balcony, stunning views of Hollywood sign, laminate wood flooring, crown molding with decorative wall molding, millwork trim, all appliances included in the kitchen (updated stone granite countertops, modern tile backsplash, designer lighting, extra cabinets), master bath with tub, walk-in closet, 2nd bedroom with rounded sunroom window lounge, extra storage and basic cable TV. Gated covered parking with storage cabinet and free covered guest parking. #sold

880 W 1st St #412 In Escrow
880 W 1st St #412 In Escrow

It’s not too late to place a back-up offer on this spacious, bright two bedroom, two bathroom fully updated condo unit by Walt Disney Concert Hall, Broad Museum and the Center Theatre Group.  Call 213-880-9910 or 24-hour information hotline 800-791-4538 ID#2412.

In addition to being a better unit at a better price, the unit was marketed in some unique ways that the competing condos were not:  It was mentioned many times with exclusive posts on the L.A. Loft Blog, CoreyChambers.com, LACondoInfo.com and a unique Special Cooperation Program with the Top 10 Most Successful Agents in the neighborhood, all of whom sold units in the building recently.

Selling a home quickly is important because the most excited, highest paying buyers usually arrive in first 15 days after it’s listed for sale.  Sellers of unsold homes made mistakes, including failing to present, price and promote the unsold homes correctly. The above condo, unit 412, went fast because it was presented, promoted and priced correctly.

Corey Chambers, Realtor®
Your Home Sold GUARANTEED or I’ll Buy It*

No Gimmicks! For information on my exclusive Guaranteed Sale Program, order a Free Report by visiting www.GuaranteedSaleSoCal.com

4 Big Reasons to Call the Chambers Team to Sell Your Home:
#1 We’ll Get You More Money – Chambers Team gets you 2.2% more of the asking price
#2 We’ll Sell Your Home Faster – Chambers Team sells homes 44% faster
#3 More Likely to Sell – Chambers Team homes are 16% more likely to sell
#4 We’ve got more than 4,700 buyers in our Data Base looking for a home

To find out how much you can sell your home for and how long it will take, call Corey at (213) 880-9910  #dtla

Corey Chambers is a REALTOR®, a licensed real estate broker who belongs to the National Association of REALTORS®, the largest trade group in the country, the California Association of REALTORS®, Beverly Hills Greater Los Angeles Association of REALTORS®, Downtown Real Estate Association. Licensed by the California Bureau of Real Estate, Children’s Hospital Los Angeles Ambassadors

Find out what the home down the street sold for

Find out how much the home down the street sold for. Get a free list of recently sold lofts, condos or houses Downtown or any neighborhood.  Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

  Lofts For Sale     Map Homes For Sale Los Angeles

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*seller and Corey must agree on price and time of possession. Broker Associate, Realty Source Inc BRE#01889449

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.

Downtown Los Angeles Real Estate Meets Goldilocks – Home Prices

Just the right size, just the right temperature?

REAL ESTATE MARKET NEWS (Downtown Los Angeles)  —  The August market report is in.  Is the Downtown L.A. economy just right, or is it the calm before the storm?  Let’s take a look at the August 2017/2018 numbers to create a clear picture.  #dtla #realestate #news

DTLA home owners and sellers are happy.  The price of Downtown real estate is higher in August of 2018 than it was during the same period a year ago. The average Downtown home price increased from $761,000 to $782,000.  The average condo is selling faster than a year ago as well. What took 67 days to sell last year took 64 days this year.

Prices are up a perfect 2.7%. The average selling price to average listing price ratio has dropped from 94% to 93%, which is just enough bad news to take the temperature from too hot to just right.  Better yet, the only other negative news is a smaller overall market with new listings dropping from 44 to 38, which can be good news for the few who want to sell.

Take a look at the Metro Downtown Market Analysis reports:
August 2017
https://www.themls.com/Share/YWFhYWpnZ2pj

August 2018
Find out what the home down the street sold for
According to the numbers, the Downtown real estate economy is picture perfect, except for real estate professionals, who must compete more fiercely for their piece of a smaller pie, which shrank from total August volume of $33.5 million last year to less than $30 million in 2018.  We can clearly see good news that is reigned in by not-so-bad news.
The heat of Downtown Los Angeles real estate has been successfully turned down to a comfy temperature.  Goldilocks and the Downtown homeowners are perfectly warm and snug while the size of the average home price is just right — for the moment.
Find out what your neighbor’s loft sold for. Get a free list of recently sold homes with prices. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

  Lofts For Sale     Map Homes For Sale Los Angeles

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

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. Some numbers are rounded for simplicity. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.