Tag: real estate market

Posted on

Downtown Los Angeles Real Estate Crash

Downtown Los Angeles property market continues downward trajectory as rents fall sharply.

REAL ESTATE NEWS | Blog Video

Urban home prices have been crashing for several years in big city downtown areas, while single family homes in the best, safest suburban neighborhoods have been rising. As many flee the largest cities due to virus panic, lockdown economic damage, and rising violent crime, DTLA investors, landlords and home owners bear the brunt of the depression. $500 to $1,000 discount offers are today common in DTLA rental apartment market, while some of the most beautiful lofts for lease have dropped asking rent prices by several hundred dollars per month. Small lofts in the Historic Core are sitting vacant for months while larger lofts in the Arts District are occupied near full price. The best luxury lofts have seen the lightest reductions in asking rent prices.

Find out how much your Downtown loft is worth. Get a free list of recently sold properties. 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 | Popular | Luxury
Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking
The best luxury lofts see the lightest drops in asking rent prices.

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, BRE 01889449. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.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

Downtown Los Angeles Busy Loft Rental Season Begins, Loft Blog Charges Ahead

Eastern Columbia among the most sought after loft buildings by Loft Blog readers — Corey Chambers

REAL ESTATE NEWS

DTLA Market Report — The Loft Blog plans to have the February 2021 real estate market report numbers within the next day or two. In the mean time, the busy real estate season has begun in Downtown L.A. For the last several weeks, the brokers, agents and administrators in our staff have been busy. Downtown L.A. has made progress in restoring businesses. In fact, it’s been rather difficult to find parking in the Historic Core lately. The most requested buildings recently have been the Rowan Building, Cornell Building, Barker Block, Higgins Building, Bartlett Building, Pan American, Alta Lofts, Eastern Columbia and Flower Street Lofts.

To keep up with increasing demand and recent increased Department of Real Estate and Realtor documentation requirements, the Loft Blog is implementing paid subscription and tour options for those placing customer service requests and agent requests. This includes request for property information, property viewings, tours, information and reports. Paid subscriptions and paid tours allow the Loft Blog team to improve our customer service and to offer additional services in the near future.

Get a list of distressed lofts and condos for sale. Fill out the online form:

Bustling Downtown Los Angeles begins to recover from dark winter.

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, BRE 01889449. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.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.