Downtown Los Angeles Real Estate Top 10 Questions about Lofts and Condos

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REAL ESTATE NEWS — L.A. Loft Blog readers are always the most savvy and knowledgable about local real estate. Everyone wants to know what’s happening with home prices, new condos, industrial lofts and other interesting properties. Here are the Top Ten Reader Questions of the week: #alta #chase #eckardt | VIDEO

What is available at Solair condos koreatown? You can see what is for sale and for lease at Solair luxury highrise condominiums in Korea Town at www.SolairKTown.com

Are Alta lofts CA conversion? Yes Alts Lofts in Los Angles, CA are condos in a converted industrial building, formerly known as the Fuller Paint Company. Alta lofts are known for being bigger, nicer and cheaper than lofts in Downtown L.A. www.AltaLoft.com

Whats happening at Chase Tower Los Angeles? Otherwise known as 1100 Wilshire, the luxury highrise loft condominium building has modern soft lofts for sale and for lease, along with high-end amenities. www.1100Lofts.com

Is The Eckardt Building in Santee Village? Yes the Eckardt building is one of the three loft condominium buildings that is part of the homeowners association, along with the Cornell building and the Textile building www.EckardLoft.com

What is the nature of Alta Lofts CA construction? Alta lofts is not brand new and under construction, but it is under repair construction, which has gone on for the last two years after the builder and developer settled litigation to pay for concrete sealing, water resistance, drainage, floor re-sloping, re-finishing of flooring, rooftop safety rails and other improvements to the building. The bulk of the work appears to be completed, but some repairs and improvements are still in process www.AltaLoft.com

How can I get a copy of the master insurance plan of the Eastern Columbia lofts building? – Call HOA phone number that you can find in the Downtown Los Angeles Home Owners Association directory at www.HOADTLA.com

Is there a floor plan for lofts for lease? I live in SF and can fly to see rentals. – Instead of you wasting $300 travel, we can send you a video wakthrough to show the layout, and apply free. Call 213-880-9910.

Mobile homes as investments to fix up and rent out – look closely at space rent or HOAs plus maintenance to ensure that the total costs are less than the rent amount that you will receive as an investor. Usually you want to own the land so that your investment will grow while your costs stay low. Call us at 213-880-9910 so we can send you all of the mobile homes for sale that match your home buying criteria.

How much does it cost to buy a house in Los Angeles? About $650,000 for a single family home. A very nice house in the most desirable neighborhoods may cost about $1,500,000 according to LACurbed.

How much is a 2 bedroom to rent in Downtown LA? Two bedrooms usually starts around $2,600 in DTLA www.LALoftLease.com

DTLA real estate tips and tricks for 2020

Find out what the home down the street sold for

HOME PRICES – Find out what the home down the street sold for. Get a free list of recently sold homes, with final sale amounts, along with a list of homes just listed. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

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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.

URGENT Downtown Los Angeles Real Estate Market Report – September 2019 Prices Drop

September Homes Sales Take 70% Longer, Sell for $35,000 Less

REAL ESTATE NEWS ALERT – SPECIAL BULLETIN

Los Angeles, CA  —  Thinking about selling a Downtown loft or condominium?  Better allow more time to unload it —  a LOT more time.  The September year-over-year real estate market has shrunk significantly. Things are really slowing down. Homes are taking much longer to sell. The September median Days on Market is way up from the same month period in 2018.  Last September, it took most homes 40 days to sell, but last month, it took a staggering 68 days to sell a home in the loft neighborhoods around DTLA to Lincoln Heights.  The numbers from the MLS show that homes have been moving much slower in 2019 as compared to recent years. #realestate #market #news

The latest bubble seems to be deflating. Don’t expect too much money when selling over the next several years. Median price has dropped down substantially from $625,000 to $589,875. Sellers are getting 1% less of their asking price: On average, down from 96% Sep 2018 to 95% Sep 2019.

While falling prices may seem like bad news for sellers, those few who must buy a home over the next year or two are likely to find growing selection, more affordable prices and lower interest rates as the Fed shows unfettered willingness to accommodate.

Los Angeles is not alone. Real estate agents all over California have been reporting a cooling market for more than a year.  Other areas with even more dramatic recent home price drops include New York City, Hong Kong and London.  #dtla

Find out how much your neighbor’s loft sold for.

Get a free list of recently sold homes, along with prices, and a list of homes just listed for sale in the area.  CLICK HERE


How to Set Your Asking Price When Selling Your Los Angeles Condo

Downtown Los Angeles – When you decide to sell your home, setting your asking price is one of the most important decisions you will ever make. Depending on how a buyer is made aware of your home, price is often the first thing he or she sees, and many homes are discarded by prospective buyers as not being in the appropriate price range before they’re even given a chance of showing.
Your asking price is often your home’s “first impression”, and if you want to realize the most money you can for your home, it’s imperative that you make a good first impression.
This is not as easy as it sounds, and pricing strategy should not be taken lightly. Pricing too high can be as costly to a homeseller as pricing too low. Taking a look at what homes in your neighborhood have sold for is only a small part of the process, and on it’s own is not nearly enough to help you make the best decision. A recently study, which compiles 10 years of industry research, has resulted in a new special report entitled “Homesellers: How to Get the Price You Want( and Need)”. This report will help you understand pricing strategy from three different angles. When taken together, this information will help you price your home to not only sell, but sell for the price you want.
To hear a brief recorded message about how to order your FREE copy of this report call toll-free 1-800-791-4541 and enter 1016. You can call any time, 24 hours a day, 7 days a week.
Get your free special report NOW to learn how to price your home to your maximum financial advantage.

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

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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.

Downtown Los Angeles MLS areas 23,42 and 1375.  Statistics PDF files are attached.

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