Amid six years of festering crime, Downtown L.A. home prices and commercial properties drop like flies. #la #crime
The LA Loft Blog has been reporting nearly 24 months of falling urban home prices in the lofty neighborhoods in and around DTLA. Neighborhood walkability and value continues to be severely impaired by closed businesses and obstructed sidewalks.
LAPD patrol officers recently stated their concerns about these neighborhoods currently experiencing a high instance of crime and homelessness. The RV / homeless population has been increasing. There is a direct nexus to crime and homelessness in these areas.
We need Mayor Garcetti, Gil Cedillo and other community leaders to take appropriate action to remedy and prevent the crime, litter and dumping causing damage to the community.
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Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, BRE 01889449, MPR Funding Inc NMLS 2000513. We are not associated with the seller, 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.