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.

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Corey Chambers, Realty Source Inc, BRE#01889449

Downtown Los Angeles Condo Open House Bunker Hill Tower 800 W 1st St #2308 For Sale

Every Day Open House  –  Condominium Highrise Panoramic Views of Financial District to Hollywood Sign  800 W 1st Street, Los Angeles, CA 90012

Come see this inspiring 3 bedroom, 3 bathroom with supreme view, the upgraded, high-end condo at Bunker Hill Tower.  EVERY DAY OPEN HOUSE – Call 60 minutes before arriving (213) 880-9910.  Seeing an open house is a great way to find out what is really happening with Downtown homes for sale and the L.A. real estate market. Free recorded information 24-hour hotline 1-800-791-4541 ID#2308

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Amazing panoramic views 3 bedroom, 3 bathroom bright, bright southwest corner 1,697 sq ft on a high floor. Enjoy this stunning, superbly renovated luxury condominium unit with custom finishes in the superb Bunker Hill Tower building. Floor-to-ceiling windows bring in dramatic city views of the Downtown Los Angeles skyline to the Hollywood sign and Griffith Observatory. Updated limestone flooring throughout, modernized kitchen with pro stainless steel appliances, roll-up cabinets and counter extensions, beautifully updated bathrooms with honey onyx wall tile, chiseled marble shower, granite countertops, glass shower doors. Includes 2 storage unit by 2 deeded covered parking spaces.

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Many building amenities include gated guest parking, 24-hour security front desk concierge, 2 tennis courts, 2 fitness centers, resort style heated pool, hot tub spa, mens and women saunas, barbecue picnic area, recreation rooms 2.5 acres of common area grounds with rose garden. Building has large convenience store market, dry cleaner and hair salon. Walk to Disney Concert Hall, Center Theater Group, Civic Center, Broad Museum, Financial District, Grand Park, Restaurants and Metro Station. HOA includes all utilities: electricity, air conditioning, heating, water, cable TV, Internet. Details and photos at www.BunkerHillCondo.com

Your ideal upscale Downtown condo:  Two tennis courts;  Zero barking dogs.

There are some things that should come with your luxury Downtown condominium, and there are some things that should not. Get your supreme panoramic views, tennis courts, 3 bedrooms, 3 bathrooms, 2 parking, 2 storage, 24-hour security concierge, along with quiet enjoyment. Pets not allowed.

See it all at www.B2308.com

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Dramatic Panoramic views are just the just the beginning when you own this 3 Bedroom, 3 Bathroom fully updated corner condo unit facing Downtown’s Financial District, sunsets, Hollywood Sign and Griffith Observatory. It’s also just a short walk to the Disney Concert Hall, Center Theater Group and the new Broad Museum. After seeing it, you will find that it is hard to believe that this upgraded luxury condominium unit in the Bunker Hill district of Downtown Los Angeles is the lowest priced 3-bedroom, 3-bathroom in Downtown Los Angeles.

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http://www.800west1st-2308.com

Free recorded information 24-hour hotline 1-800-791-4541 ID#2308

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

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bunker hill tower 2308