L.A. Loft Blog

The best deals go quickly. Here’s how to take advantage of listings that are not active.

REAL ESTATE NEWS

Some of the best property deals are in unlisted, off-market properties and non-active listings that present unique opportunities. | Blog Video

Amazing Loft in the coveted El Dorado building, in the Historic Core of the Old Bank District of Downtown L.A. On the 8th Floor is this perfectly restored & preserved Loft, originally The Hotel Stowell designed by Fredrick Noonan. This Bright, south-facing unit opens onto a private balcony overlooking Spring Street with breathtaking cityscape views. Large kitchen w/ stainless steel Bosch appliances, ample storage, granite countertops & custom recessed lighting. Exposed concrete beams, 10′ ceilings, wood floors, blackout shades for privacy & protection, in-unit washer/dryer, two full-sized closets, original bank front door & onsite security. Historical Landmark, Mills Act designation w/ huge property tax savings. Sits above Le Petit Paris restaurant, underground bar El Dorado. Steps from Downtown’s finest restaurants, Spring Street Park, Art Galleries, theaters, shops, Grand Central Market, Metro, Library and The Music Center. | PROPERTY DETAILS

Pending listings require unique back-up offer strategies to take advantage of their non-active status. All lofts have issues that buyers should know about before seeing the unit in person. Loft lender may be required. | DTLA POCKET LISTINGS

Find out how much your home is worth. Free online home evaluation. http://www.HomeEvals.com. Fill out the online form:

<a href="https://laloft.wufoo.com/forms/qnxtyzu1p7y5an/" target="_blank" rel="noopener noreferrer">Fill out my Wufoo form!</a>

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

Amazing views and unique character. A back-up offer require special tactics.

Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE 01889449 We are not associated with the 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.

Falling, falling… down, down. Downtown L.A. home prices shave off more than $90,000

REAL ESTATE NEWS | Blog Video

The August 2020 home price data is in, and the property market report has been prepared. Residential property values fell by a hefty hunk. Compare this year to last:

August 2019 Median Sold Price $647,000

August 2020 Median Sold Price $539,000

That’s a major drop of $92,000 from Aug ’19 to Aug ’20. Homes sold much faster as home sellers became more motivated in 2020. Last year, sellers took their sweet time, selling in around 68 days. This year, sellers unloaded their properties in a median time of only 31 days. These statistics pertain to Downtown Los Angeles and nearby loft neighborhoods MLS areas 23, 42 and 1375.

Urban LA rental prices have dropped just a bit.

How much is your home worth? Find out how much the loft down the street sold for. Fill out the online form:

<a href="https://laloft.wufoo.com/forms/qbg942419l39cs/" target="_blank" rel="noopener noreferrer">Fill out my Wufoo form!</a>

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

Author: L.A. Loft Blog

416 S Spring St #807 El Dorado Downtown Los Angeles Historic Core Lofts For Sale DTLA

Downtown Los Angeles Lofts and Condos – Home Prices August 2020 Market Report: Falling Down

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