Sold Lofts and Distressed Properties in Downtown Los Angeles

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Most Downtown lofts lost $9,000 to $35,000 of value in the past 12 months. Sellers are not yet outright declaring their motivation or financial distress, but the anxiety is certainly appearing. While the entertainment capital of the world has the most stoic sellers, who are least likely to demonstrate any signs of financial distress, the signs of financial strain show up in subtle subtext. Of the top ten recently sold condos in Downtown LA, nearly half took more than 90 days to sell, and several showed several signs of distress, including days on market, five suffered from extended vacancy, and nearly half ultimately extensive price reductions. Here is the top 10 list of recently sold condo deals in DTLA: | SOLD | Blog Video

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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, seller 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.

Loft For Sale Los Angeles

Own this historic Downtown building

REAL ESTATE NEWS — JUST LISTED IN DOWNTOWN L.A.

These fresh loft listings include units a Little Tokyo Loft with lots of natural light; and a loft in the amazing El Dorado building in the Historic Core: BEST PRICED UNIT! SELLER is giving 1 full year HOA’s with full price OFFER! Timeless elegance blending with modern living is the epitome of the El Dorado Lofts. Described in 1914 by the L.A. Times as a magnificent hostelry with a striking faade and metropolitan conveniences built by local capitalist and financier, N. W. Stowell. In addition to the grand exterior of green glazed brick and the rich golden tones of original Batchelder tiles which adorn the interior walls and lobby, this building is truly a historical gem. This large 1 bed / 1 bath smartly designed open space includes wood flooring, exposed concrete walls / beams upgraded lighting, state of the art kitchen with granite counters, stainless steel appliances and custom subway bathroom tiles. Add the Mills Act Property Tax Savings (average 65% savings over non historic), location in the Heart of DTLA with only 6 units per floor, record low interest rates : more than a few reasons to take a peek. | DETAILS #losangeles #loft #forsale | Blog Video

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Here’s a list of the Top 20 Los Angeles lofts that are new on the market.

Just Listed https://www.themls.com/Share/YWFhZ2NiZmdq


Distressed Lofts: Vacant, motivated sellers, needs work etc | LIST

https://www.themls.com/Share/YWFhZ2NiZ2Vm


HISTORIC DOWNTOWN BUILDING FOR SALE

Here’s the 1924 original brick retail storefront / warehouse / industrial live/work loft building that you’ve always wanted in Downtown Los Angeles, 5,680 sq ft 3 bed 3 bath $1,749,000. | DETAILS

http://www.laloftblog.idxbroker.com/idx/details/listing/d025/20575984/1013-E-8TH-Street-Los-Angeles-CA-90021


El Dorado Lofts unit #610

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.