Case Study: A Seamless Loft Lease in the Arts District Downtown Los Angeles

Property Overview

  • Address: 1850 Industrial St #514, Los Angeles, CA 90021
  • Type: Loft, Unfurnished
  • Square Feet: 1,178
  • Sold Price: $3,800/month
  • Price Per SqFt: $3.23
  • MLS Number: 23-309729
  • Lease Terms: 1+Year
  • Amenities: Pool, Fitness Center, BBQ area, 24-hour security, and more.
  • Tenant: Peter, a software engineer from Northern California
  • Agent: Corey Chambers, Broker in Los Angeles | PROPERTY DETAILS

The Challenge

Finding a tenant that perfectly complements a property is never an easy task. Especially when the property is as distinct as 1850 Industrial St #514, a unit that boasts a mix of history, luxury, and modern amenities.

The Solution

Leveraging a vast network and proven marketing strategies, Corey Chambers and his team listed the property, targeting high-income professionals looking for a live/work loft experience in the dynamic Arts District of Downtown Los Angeles.

Marketing the Property

  1. Listing and Content Creation: We utilized high-quality photos and created a compelling narrative focusing on the loft’s historic significance and modern conveniences.
  2. Digital Marketing: Listings were made prominent across top property platforms, and we executed an email marketing campaign to our exclusive client list.
  3. Community Engagement: Leveraging our reputation in the community, we also discussed the listing on the popular L.A. Loft Blog.

The Tenant: A Perfect Match

Peter, a software engineer with the flexibility to work remotely, was on a quest to find a property that mirrored his lifestyle. He found it in unit #514, and Corey’s team made sure to verify his suitability rigorously:

  • Income Verification: Completed
  • Credit Check: Excellent
  • Background and Eviction History: Peter passed all checks.

The Lease Process: Smooth and Streamlined

  • Peter was introduced to the property by Justin Freeling from Compass.
  • Peter loved the unit and applied via Rentspree.
  • Lease draft was sent to Justin Freeling for Peter’s perusal.
  • After a brief discussion, the lease was signed digitally via DocuSign.

Success

In a real estate market as vibrant and competitive as Downtown Los Angeles, bringing a lease to fruition within such a short span is a testament to efficient process management and effective client-tenant matchmaking.

For both tenants and property owners seeking a smooth, transparent leasing experience, Corey Chambers and his team offer an unparalleled service grounded in years of expertise and a comprehensive understanding of the Los Angeles real estate market.


Looking to lease, buy or sell property in Downtown Los Angeles? Corey Chambers is at your service. Feel free to reach out at coreychambers@yahoo.com or call 213-880-9910.

Unlock your dream property today! Get a free list of Arts District lofts for sale or for lease. Fill out the online form.

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Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Broker DRE 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. Text and photos created or modified by artificial intelligence. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

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