Tag: SB Grand

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Downtown Live/Work Loft For Sale 860+ Sq Ft Historic Core Prime Location

 SB Shybary Grand Loft Condominium 312 W 5th St

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Shybary Grand Loft For Sale 860 Sq Ft 3rd Floor with Balcony $400,000

06sb-grand-loft-downtown-los-angelesSB Grand loft brings you the best of Downtown life in a spacious historic open floorplan. Modern open space with high ceilings and wood floors, fantastic NYC-like character of Broadway and the Historic Core. Cool, shaded private balcony in quiet, original brick courtyard. Modern kitchen open to living area.  Washer and dryer in unit. Full bath. Open and airy living space with extra lighting and heating with A/C cooling. Excellent downtown location near Pershing Square and other landmarks. Farmers Market Wednesdays at Pershing Square, lunch at the renovated historic Grand Central market. Minutes to Whole Foods, Ralph’s and great shopping and dining. Building 24-hour security, fitness center gym, rooftop pool, hot tub with panoramic views of the Downtown Los Angeles skyline. Wired for cable and Internet. This pocket listings is for approved buyers only, not listed on the MLS.  Call Corey (213) 880-9910.  |  PHOTOS   #lofts #dtla #forsale

LOFT & CONDO LISTINGS DOWNTOWN LA  [MAP]

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SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $30,000,000
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Neighborhood transports you to 1920’s Los Angeles as you look onto some of the magnificent buildings of the past century. Low HOA dues. Pets okay. Great for Downtown live-work! The building has valet parking for about $200 /mo. Easy access to the Metro, by Pershing Square with concerts in Summer and ice skating in Winter, Grand Central Market, Farmers Market Sundays on 5th Street. Stroll through the renaissance of Broadway, with soon-to-come street car, part of the Bringing Back Broadway project. Available for viewing by cash or pre-approved buyers only.  DETAILS

BUY THIS HOME, I’LL BUY YOURS*

No Gimmicks! For information on my exclusive Guaranteed Sale Program, order a Free Report by visiting http://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

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

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Something’s Broken at SB Grand

SEE THE NEW UPDATE ON SB GRAND AT
https://www.laloftblog.com/2017/09/15/sb-grand/

All Downtown Los Angeles loft buildings have issues, but one stands out as possibly the most troubled loft project ever in DTLA. The ShyBary Grand has some advantages: genuine historic lofts at good prices, but the worst thing may be the way it makes one feel.

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The Homeowner’s Association does not provide all of the financial documentations that one might expect. Several homeowners have not paid HOA dues in a long, long time. We don’t know what kind of reserves the HOA has or does not have.

buyer-mistakes-la-cp-ad-rsiBecause more than 50% of residents are renters, most lenders will not finance units at SB Grand. When the developer sold the condos, they only sold about 70% of them to real home buyers, and held out around 30% for the developer and other commercial interests to rent out. Weird  — it’s the only condo building that has a leasing office.  The units rent cheap, and take a long time to rent out.  The result is that SB Grand is a condominium that is all but devoid of ownership pride.  In fact, the building’s true personality comes out every Spring Break as the pool gets fun and frolicky.

Hectic with a capital HECK!  While SB Grand is not in Skid Row, it might as well be, as Skid Row comes to the building nearly all day long every day because the neighboring Metro station is the closest station to Skid Row. Around the SB Grand, the homeless are the least of the problem; the main problem is the almost homeless. That’s where the hectic, frantic situations occur outside. Like a pimp and ho version of General Hospital –  How about General Rehab?

Loiterers stand around in front and nearby almost constantly. Many of them are yelling, sometimes obscenities, sometimes threats, sometimes drop to the ground from drug overdoses, sometimes get rescued by paramedics, and sometimes get a gun in the face compliments of undercover Metro police.

Inside the building is a different type of turmoil. The renters sometimes have people over, questionable dealings, sometimes arguments occur in the common areas.  The renters sometimes litter in the building and throw cigarettes down onto neighboring balconies below.

Oh, and parking is not included, but the HOA dues are low.

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

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SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $30,000,000
Browse by Building  |  Neighborhood  |  Size  |  Bedrooms  |  Pets  |  Parkingsb-grand-cru-01

Corey Chambers, Realty Source Inc, BRE#01889449