Category: Real Estate Market

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Top 10 Lofts Just Leased in Downtown Los Angeles

December saw a surge in large, high-end luxury loft leases. December may be somewhat of a predictor for the local real estate market in the next year. If so, 2023 will see an abundance of transactions in the more upscale, more expensive lofts, condos and apartments for rent. | SORTED BY HIGHEST FIRST | SORTED BY MOST RECENT

Here’s a list of the top ten rental properties transacted most recently in DTLA:

808 S Broadway #8th Floor
3 Bed
3 Bath
6,000 sq ft
$17,500

808 S Broadway #7th Floor
3
3.00 (3 0 0 0)
6,000
$15,000


808 S Broadway #4th Floor
3
3.00 (3 0 0 0)
6,000
$11,000


1100 S Grand AVE #703
2
2.00 (2 0 0 0)
1,571
2005
$3,800

1515 Wilshire Blvd #543
2
2.00 (2 0 0 0)
1,209
$3,132


726 S Santa Fe Ave #303
1
1.00 (1 0 0 0)
1,260
$2,972

939 S Broadway #1010
1
1.00 (1 0 0 0)
740
$2,900


1155 S Grand AVE #509
1
1.00 (1 0 0 0)
1,060
$2,900


1111 S Grand Ave #403
1
1.00 (1 0 0 0)
1,030
$2,800


460 S Spring St #513
2
2.00 (2 0 0 0)
998
$2,550

Get a free list of luxury lofts for lease in Downtown L.A. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

  Lofts For Sale     Map Homes For Sale Los Angeles

SEARCH LOFTS FOR SALE Affordable | Popular | Luxury
Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Broker CalDRE 01889449. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.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. | COMMENT

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Downtown Los Angeles Income Property Real Estate Lease Market Report for November 2022

REAL ESTATE NEWS (Los Angeles, CA) — Are rent prices going up or down? Staying the same? Let’s take a look. According to the MLS statistics for Downtown L.A. and nearby loft neighborhoods 23, 42 and 1375, rents are rising substantially. Urban L.A. housing is getting more pricey:

There were 61 lofts leased last November 2021. An average of 42 Days On Market (29 days Median). Median rent price $2,700. Average $3,073.

This November of 2022, there were only 55 units leased. They were on the market for an average of 50 days (43 days median). Median rent price $2,975 and average rent $3,510.

While it’s taking a bit longer to find renters, the market is stagnating while lease prices are inflating, with tight rental inventory and significantly higher rent prices than the same period last year. Stagflation is clearly still the name of the game, with a declining economy and higher prices aiming for the moon, with no end in sight.

Get a free list of lofts for lease in L.A. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

  Lofts For Sale     Map Homes For Sale Los Angeles

SEARCH LOFTS FOR SALE Affordable | Popular | Luxury
Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Broker CalDRE 01889449. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.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.