Now that the average home price in Downtown Los Angeles has surpassed $600,000 as Downtown becomes an upscale community, finding affordable bargains under $500,000 that are wise investments can be a daunting task for first-time homebuyers and those seeking a better deal without sacrificing and arm and a leg. Today, the L.A. Loft Blog provides a list of the top bargains under $500,000 based on desirability, quality, price, size, location and investment potential. Here are our picks for the best deals: #dtla #investments
738 S Los Angeles St #302 Nice size balcony, open loft with industrial character, very good bed area separation and great modern kitchen and bathroom. PHOTOS
420 S San Pedro St #613 6th Floor Little Tokyo with great parking and guest parking. PHOTOS
100 S Alameda St #142 Real bedroom with patio in prime Arts District location. PHOTOS
When considering the purchase of a Downtown Los Angeles condominium unit, buyers have much to be concerned about.
DTLA is the most exciting place on Earth because of it’s head-spinning rapid transition from blight to luxury. That kind of blitzkrieg renaissance brings with it growing pains and other pitfalls such as lawsuits and loft-lending issues. Some properties increase in value faster than others, and some have more future potential than others. Here’s a list of this week’s Downtown Top Ten investment picks based on ROI, popularity, location, cap rate, best deals and future growth potential. #top10 #dtla
738 S Los Angeles #302 – Industrial style loft with large balcony – IN ESCROW
312 W 5th St #307 – The lowest HOA dues in Downtown on this unlisted loft for sale
200 N San Fernando Rd #301 – Bigger and nicer loft for a lower price
420 S San Pedro St #516 – Friend and family love the amenities and guest parking
1130 S FLOWER ST #306 – Nice, big loft in Ritzy South Park for a great price
315 E 8TH ST #606 – Historic loft with convenient underground parking
330 W 11th ST #703 – 2 bedroom and 2 bath with lots of square footage South Park
108 W 2ND ST #212 – Large private patio in a clean attractive neighborhood
1111 S GRAND AVE #1008 – Modern soft loft with bright natural light and amenities
600 W 9TH ST #409 – 2 bath, 2 real bedrooms w/ doors that close. Balconies.
Get a complete Top 10 list with photos, descriptions and prices. Fill out the online form:
Top 10 Downtown LA Loft Home Search Topics #top10 #dtla
The hundreds of thousands of readers of the LA Loft Blog are the most valuable resource for information, news and insight into what is really happening in DTLA real estate. While the LA Loft Blog is the authority on urban residential real estate, we get our power and influence from our connections with the buyers, sellers, renters and landlords of Downtown L.A.
The real value of the L.A. Loft Blog comes from the knowledge, experience and thoughtfulness of our readers in their pursuit of lofts for lease, homes for sale, condominiums, houses with character, along with renters and buyers of these amazing abodes. Here is the week’s list of the Top 10 topics of search that shows exactly what is on the minds of the the most amazing people on Earth, the readers of the L.A. Loft Blog:
REAL ESTATE NEWS – (Downtown LA) Here’s the new top ten list showing what the thousands of readers of the L.A. Loft Blog are searching for, interested in and looking at the most this week: #lofts #top10list
The L.A. Loft Blog and Corey Chambers posted an incorrect sold price on the property recently closed at 108 W 2nd St #705. The correct sold price was $396,000. Corey Chambers and the L.A. Loft Blog regret the error. Here’s the corrected sold ad graphic.
Avoid expensive mistakes before buying a Downtown loft. Home Buyers 6 Costly Mistakes to Avoid Before Buying a Downtown Loft or Condo. Free report reveals how to save thousands of dollars and years of expense.Visit www.BuyerMistakesLA.com or free recorded message at 1-800-791-4541 ID#1004.
For those interested in Downtown, knowing what other buyers, sellers and renters are thinking and doing can give very valuable insight into Los Angeles real estate trends. This top ten list shows some of the most common topics that readers of the LA Loft Blog have requested more information on. This includes the request forms for Loft Building Interest Lists, New Homes, Property Listings Requests and Loft Tour Requests. Some the top requests are for lofts outside of Downtown, including Long Beach, Pasadena and other Los Angeles Neighborhoods. Take a look:
Top 10 Downtown LA Information Requests: (Page Name, Response % Rate)
Now that Downtown Los Angeles has proven to be a persistently hot market for more than three years straight, finding bargain prices on lofts is getting more difficult. Buyers need more help than ever before to find good deals. Here is a list of the Top 10 Most affordable lofts for sale with the lowest price #1 most affordable loft leading in first place is Alta Lofts #105 at 200 N San Fernando Rd, which is also one of most attractive, largest, most upgraded and most functional of the bunch. Here is the complete Top Ten Affordable Lofts List:
Total Listings: 10
Top 10 Affordable Lofts by all brokers
CLICK HERE to view all the properties or scroll down and view individually (wait for the properties to load).
If you are looking to break into the housing market, it is important that you are ready to act when the right house comes along. Affordable homes, in desirable neighborhoods, sell quickly due to high demand. Find out how it works at www.AffordableLoftsLA.com
REMARKS: 3-level Alta industrial live-work loft with abundant open space, extra high ceilings, lots of windows and light, upstairs separated bed area, 2 bathroom, 2 entries, warehouse-style roll-up door for indoor patio effect, natural light and fresh air. Electric roll-up shades w/ remote. Upgraded special design and engineering add extra square footage w/ extended mezzanine bed area, expanded open closet built-ins, frosted glass partitions, jetted tub, copious designer tile in master bathroom and kitchen. Steel i-beams w/ intumescent paint. East view facing the mountains to Downtown Los Angeles and Elysian Park. This industrial loft features concrete floors, granite counter tops, stainless steel appliances, large bathrooms w/ tile floor and stainless sink, washer & dryer in unit, central A/C and heat, large closets. Gated parking space. Building amenities include social party room, fitness center, BBQ, courtyard lounge area, gated guest parking. Pet friendly. PM security. Near Metro.
ROOMS: 2nd Story Family Room,Art Studio,Breakfast Area,Den,Den/Office,Dining Area,Dressing Area,Family,Formal Entry,Living,Loft,Master Bedroom,Patio Covered,Study,Study/Office,Utility,Walk-In Closet
DIRECTIONS: North of Wilshire & West of Rampart Blvd and virgil.
REMARKS: Very convenient location between Koreatown & Downtown. Unit has nice view of Hollywood. Bright rear side unit. It has a 3rd room ( Loft ) Large living room, Wood floor, Balcony, high ceiling. Large swimming pool with cozy courtyard and Gym. Side by side parking. You Must See ! View! View! View!
REMARKS: Beautiful loft located in the heart of downtown LA ; Steps away from metro, bars and restaurants. This is a newly painted corner unit loft on the 10th floor with magnificent City Views. It has high ceilings, hardwood floors, laundry in unit. The building offers 24-hr concierge, security, rooftop pool, spa, deck and valet parking with monthly fee.
DIRECTIONS: South on Broadway. Left on 5th Street. Property is on Left hand side. Building entrance is on 5th Street.
REMARKS: In the heart of DTLA. One bedroom loft features 12 ft. ceilings with wide and spacious floor plan and balcony with South facing views. This unit features consistent natural light and newly renovated bathroom. Located on the border of the Financial District and the Historic Core. Right across from Perch and within 2 blocks of the foodie hub Grand Central Market. Within walking distance to other trendy restaurants, bars and lounges. The Metro Redline station stops right at the corner, Pershing Square. Building amenities include a rooftop pool with 360-degree view, a fitness center, and 24-hour security. Don’t miss this opportunity to invest in the new Downtown LA.
DIRECTIONS: East of Alameda, West of LA River, South of First Street, North of 4th Street. Arts District, Google Maps
REMARKS: Loft #20 At the Toy Warehouse, one of the biggest one level lofts in this intimate and small complex in thriving Arts District Area. The loft combines the details of the old warehouse architecture with the modern amenities needed for a relax urban living experience. You’ll find high ceilings with some exposed wood beams, skylight, old fireplace escape turned into a balcony. Refurbished original hardwood floors, brand new custom made kitchen featuring soft closing drawer’s and doors, with quartz counter tops, stainless steel appliances, and a large kitchen island that functions as a breakfast bar as well. Light and airy. Two parking spaces assigned and deeded, plus additional storage. The complex has about 5 guest parking spaces, a rarity in the neighborhood. The Arts District is thriving and you’ll be in walking distance to interesting shops and 5-star restaurants.
REMARKS: Charm, character and more charm in this bright 1150 sqft loft at the highly sought after Molino Street Lofts in the heart of the Arts District. Updated kitchen, lots of built-in closet space, exposed brick and wood floors. Walk to some of the best restaurants, bars, cafes and boutiques in the city. Blocks from Bestia, Urth Cafe, Zinc Cafe, Stumptown Coffee, Blue Bottle, Daily Dose, Little Tokyo and city-wide transportation. Get into the hottest neighborhood in LA before SOHO House, SpaceX, Walter Manzke and all the high end retailers of AtMateo make it unattainable.
DIRECTIONS: East of Spring Street, West of Grand Avenue, South of 4th Street and North of 6th Street. Google maps
REMARKS: Remarkably well appointed lay out one bedroom loft at SB Grand. Over looking 5th Street, the view transports you to Los Angeles circa 1920’s as you look onto some of the magnificent buildings of the past century. The loft features, separate bedroom area, large sinking tub, washer and dryer inside unit, kitchen with granite counter top and stainless steel appliances. There’s also the old fire escape that can be use as a small balcony. The complex has valet parking for additional fee, small exercise room, common laundry area and a roof top pool where you can enjoy a 360 View of Downtown Los Angeles. The building is well situated with easy access to the Metro, 5th street features a farmers market every Sunday, and you can enjoy a stroll thru the renaissance of Broadway Street. For showings please contact listing agent.
AMENITIES: Assoc Pet Rules,Controlled Access,Exercise Room,Gated Parking,Pool,Spa,Sun Deck,Valet Parking
REMARKS: Check out this bright and contemporary soft-loft at Elleven in the heart of South Park! It features a large and open floorplan with views of the pool, sundeck and daily sunsets through an entire wall of floor-to-ceiling windows. This wonderful unit has been tastefully upgraded with new bamboo floors, a custom over-sized kitchen island with a concrete-slab top, custom closets and glass sliding doors, a sliding glass wall divider offering privacy to the bedroom, and halogen pin-spot lighting. Other features include stainless steel appliances, in-unit storage + utility room with washer/dryer, and one deeded parking space. Elleven features resort-inspired amenities include a beautiful sun deck with pool, spa, 4 grilling stations, fireplace, zen water feature, 24 hour concierge service, security, and on-site management. Located just blocks from LA Live, Staples Center and many other restaurants, bars and services.
DIRECTIONS: south on san pedro on the southern edge of little tokyo
REMARKS: SELLER WILL NOW ENTERTAIN LOWER DOWN PAYMENT OFFERS: AMAZING FURNISHED, TURN KEY, RENOVATED VIEW!!! UNIT AT THE HIP AND EDGY LITTLE TOKYO LOFTS. LOFT COMES REMODELED, FURNISHED, AND ACCESSORIZED; FROM PERIOD MID CENTURY FURNITURE, TO AN ALL NEW PREMIUM APPLIANCE SUITE, AND TOP OF THE LINE LG WASHER DRYER. NO DETAIL HAS BEEN OVERLOOKED. CUSTOM BLACKOUT DRAPERIES, ALL NEW LED LIGHTING, COMMERCIAL SINK, AIR SWITCH OPERATED GARBAGE DISPOSAL, MEDIA CENTER WITH VINTAGE MAGNAVOX ASTRASONIC RADIO/RECORD PLAYER, SAMSUNG LED TV. UNIT COMES FULLY TURN KEY. BRING YOUR CLOTHES, AND YOU ARE MOVED IN. VIEW UNITS AT LITTLE TOKYO RARELY COME ON THE MARKET. DEEDED PARKING, AND 24 UNITS OF GUEST PARKING, POOL, GYM, 24 SECURITY. BBQ AREA. HOA DUES INCLUDE BASIC DIRECTV, WATER, TRASH, PARKING, SECURITY. BUILDING HAS REALLY CHEAP! HIGH SPEED WIFI @ $16.58 PER MONTH(AERIO CONNECT). UNIT INCLUDES EVERYTHING IN THE PHOTOS (EXCEPT:BOOKS, LADDER, A FEW SMALL KNICK KNACKS.
DIRECTIONS: NORTH OF 10 FWY AND EAST OF 110 FWY. CORNER 11 TH ST AND S GRAND AVE.
REMARKS: AMAZING 10TH FLOOR 1 BD 1 BA SOFT LOFT WITH 1100 SQ FT OF BRIGHT AND LIGHT LIVING SPACE. EXPERIENCE THE ULTIMATE IN HIGH RISE LOFT LIVING. THIS BEAUTIFUL LUXURY CONDOMINIUM UNIT FEATURES GLEAMING BAMBOO FLOORS , CHERRY EUROPEAN STYLE KITCHEN CABINET WITH STAINLESS STEEL APPLIANCES, MODERN TRACKLIGHTINGS, SPACIOUS LAUNDRY ROOM WITH FULL SIZE WASHER DRYER, JULIET BALCONY WITH OVERSIZE SWINGING DOORS OVERLOOKING A LUSH TERRACE GARDEN, A COMMUNIITY POOL AND SPA, 4 OUTDOOR BBQ GRILLS AND A LOUNGE AREA. UNIT COMES WITH ONE DEEDED PARKING SPACE. BLDG. OFFERS 24 HR FRONT DESK SERVICE AND ON SITE MANAGEMENT. NEAR USC, STAPLES CENTER, LALIVE, RALPH’S MARKET AND SOON TO OPEN WHOLE FOODS MARKET. TENANT OCCUPIED. FIRST SHOWING TO BE ANNOUNCED.
As Downtown Los Angeles has proven to be a superior investment, home values have risen faster than surrounding Los Angeles neighborhoods. Now more than ever, buyers need to find a great deal on an excellent investment. This Top 10 list will get you started:
Top 10 Affordable Downtown Lofts For Sale
Total Listings: 11
Top 10 Affordable Lofts by all brokers
CLICK HERE to view all the properties or scroll down and view individually (wait for properties to load).