Category: Lofts Downtown Los Angeles

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Condos Downtown Los Angeles Best Deals are in December – Save More than $11,000

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

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SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $10,000,000
Browse by Building  |  Neighborhood  |  Size  |  Bedrooms  |  Pets  |  Parking

Condos Downtown Los Angeles Best Deals are in December
Save More than $11,000

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Real estate prices are lower on average during the winter holiday season because fewer buyers are shopping for a home.  Those who spend a few December days shopping for a loft may find they have $11,000 more to spend on Christmas gifts.  Currently active Downtown loft and condo listings have already dropped from an average original price of $701,638 to an average price of $690,529 according the The MLS statistics.  The lowest price on an amazing Downtown loft today is $279,000 for 610 sq ft (pictured) with a view of City Hall — nice deal!  Need something even cheaper? A starter co-op 610 sq ft condo unit today is only $90,000 for 610 sq ft near USC and Downtown.

The busy season for Downtown real estate starts at the beginning of January.  Because most Downtown buyers are not moving with kids, the busy season starts early, getting off to a big start every January.  Those who choose to wait until the 2015 new year will be joining the crowd with a much greater chance of losing the perfect loft to another buyer at a higher price.  Those who get out of their comfort zones to buy in December may easily come out ahead $11,000 in the deal.

Here is the current market status for active loft and condo listings in Downtown:

$90,000 for 610 sq ft by USC and Downtown
$90,000 for 610 sq ft by USC and Downtown

Property Type Count: 106
Avg SF: 1,164
Avg LP/SF $: 575.87
Avg DOM-CDOM: 81/47
Avg Orig Price $: 701,638
Avg Price $: 690,529

Get the best Downtown bargains sent to you.  Fill out the online form:

Copyright © 2014 This free information provided courtesy Corey Chambers, Realtor, Keller Williams Realty, BRE#01889449 We are not necessarily associated with the home owner’s association, seller or developer. For more information, contact (213) 478-0499 or visit DowntownLosAngelesLoft.org 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.
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Los Angeles Metropolis Condo Prices – Special Preview of the Preliminary Price List

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

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SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $10,000,000
Browse by Building  |  Neighborhood  |  Size  |  Bedrooms  |  Pets  |  Parking

RealtySource Inc presents
New Los Angeles Metropolis Condominium Prices
Special Preview of the Preliminary Price List

The actual price list has not yet been printed for the new super luxury Downtown highrise condos now under construction, but the L.A. Loft Blog has a special preview of the preliminary prices not yet released to the public. Monthly HOA dues are expected to be around 90 cents per sq ft. These prices are not official prices, and they are subject to change.  The smallest 526 sq ft studio is around $511,000, while the largest 1,720 sq ft 2-bedroom is about $1,576,000.  These are selling out now.  Get on the new condos interest list at https://laloft.wufoo.com/forms/metropolis-los-angeles-new-condos-interest-list/ Below are the preliminary prices:

metropolis-price-preliminary

If the economy continues to improve, the prices are likely to go up.  Savvy buyers and investors will take advantage of the risk-free early incentives to try to lock in an expected profit with the opportunity to cancel and get a full refund if desired. This strategy is usually in the buyer’s favor as the buyer may gain significant equity before actually committing to buying the property.

The developer recently began accepting deposits, and was offering $10,000 off the list price for the refundable early deposits with no obligation to buy during the construction process.  That has apparently changed.  A broker certificate for $2,000 off buyer closing costs is available from RealtySource Inc for qualified VIP buyers.

Find out more by requesting more information. Fill out the online form:

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Home Seller Alert!!
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Copyright © 2014 This free information provided courtesy Corey Chambers, Realtor, RealtySource Inc BRE#01889449 We are not associated with the home owner’s association, seller or developer. For more information, contact (213) 880-9910 or visit LosAngelesMetropolis.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.  Not affiliated with the developer or seller. Certificate for savings of $2,000 off closing costs is offered to Corey Chambers VIP buyer program members only.  VIP buyer program costs nothing to the buyer, and there is no obligation to buy.