Tag: downtown los angeles

Downtown Los Angeles – The place where it all happens. The new center of the universe!

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Downtown Los Angeles Investment Lofts and Condos

There are many ways that investors can get extra profitable return on investment from a purchase of a Downtown loft or condominium.  This article will mention several.

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For Downtown Los Angeles, it starts with a superior return caused by a neighborhood that is undergoing a major transition from bad to good. This gives investors a similar effect to fixing and flipping of a property, but the same effect happens on a larger scale.  The neighborhood revitalization and renaissance is like a macro version of a fix and flip.  Downtown does the work for the investor because much of fixing is being done by the developers and by the city as they restore Downtown to its full glory.  Wealthy residents are moving in as Downtown cleans up its act, providing improved services for homeless while restricting their activities.

New stores, restaurants, entertainment and transportation gives DTLA the infrastructure for rapid growth.  Downtown population has doubled in 10 years as highly educated and creative professionals take root in Downtown’s exciting variety of new lofts and condos. The Arts District has transformed from starving artists to wealthy creative professionals. South Park has transitioned from a place of abandoned buildings of the past to today’s luxury high-rises, entertainment spaces and performance venues.

Investors can gain the quickest look at the best investments with software that tells at a glance which properties can deliver an immediate positive cash flow. A free VIP Buyer Program can send the best investment properties to investors.

Have you ever driven down the street in Downtown L.A. and seen buildings that look interesting? Maybe a condo unit in a beautiful historic loft building, or maybe a smaller building or raw loft building or fixer upper that would make a great investment. See the big picture of Downtown Los Angeles, street by street.

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Take a look at this heat map that shows how different Downtown LA is from other neighborhoods. Upon closer inspection, you can see that Downtown has far fewer residences, yet greater demand. Now that Downtown Los Angeles is again a world-class real estate market, local buyers must compete against the world’s most sophisticated investors, including Swiss Banks, and other powerful investors from China, Hong Kong, Korea and the rest of the world, all trying to beat you to the best deals.

Inventory is extremely short and it now takes leading edge technology and tactics to find the best deals. Technology is necessary to change the way we operate in Downtown’s property market with a limited number of foreclosures, pre-foreclosures, bank owned, 3rd party owned.

Now, prospective buyers can see properties on a map with the public records, know who the current owner is, the equity, the approximate value and approximately how much the owner owes on the mortgage, if they are underwater and motivated to sell, or if owned free and clear, so then a buyer with difficult finances can ask for seller financing. Then receive private data, proprietary information about the building and the units for sale, all with color coded heat maps. Prospective buyers can now get access to every property and parcel in the area.

Get the edge. Get priority access to this proprietary information and technology FREE at http://www.LALoftVIP.com

Find out what lawsuits and litigation are going on in the building. Also find out which lender will lend on that industrial or commercial loft conversion, which most home lenders will have trouble lending on. Buyers also want to see if there is a tenant or primary resident. One free service provides a list of Downtown investment properties with tenants in place.

With the right technology, investors can analyze potential return on investment, see previous flips and see results for previous investors, and see potential new flips.

Know at a glance if the property will be a the type of investment that you are looking for.

Daily updates with the most accurate data. Get the edge. Get priority access to this proprietary information and technology FREE at http://www.LALoftVIP.com

Find homes in Downtown Los Angeles:

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

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SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $30,000,000
Browse by Building  |  Neighborhood  |  Size  |  Bedrooms  |  Pets  |  Parking

–Rental income investment properties

Corey Chambers, Realty Source Inc, BRE#01889449

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Happy New Year 2016 Downtown Los Angeles

How to get the most out of the most important investment in the most exciting place on Earth, real estate in Downtown L.A. #downtown #condos  Revelers have a lot to be happy about at the end of 2015, posting gains of 8% for DTLA property values. This L.A. Loft Blog post will give a prediction of the market for 2016 and beyond. This comes on top of even larger gains for 2012 through 2014.

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While revelers prepare to enjoy New Year’s Eve in Downtown’s LA LIVE, the new center of the universe that is slowly replacing celebratory aspects of Hollywood and Times Square, the savvy investors are staying home to plot their plans for big gains in 2016. The home buying season starts early every year in Downtown LA because the energetic, entrepreneurial urbanites usually have no kids or school to be concerned with. Many buyers begin seriously searching for properties to buy in January, and then a large number of home purchase escrows are usually closing by May.

As the floodgates of homebuyers opens up for the new year, prospective home buyers are preparing for an uphill battle, competing against a large number of potential Downtowners for a very low inventory of lofts and condos for sale in DTLA. With a limited selection of homes for sale, investors and future urbanites need as many advantages as possible to find the most amazing loft at the best price.  To help with that goal, the L.A. Loft Blog presents a few of the most important items to help buyers to get the best deal in Downtown:

  1. Pocket Listings, Unlisted and Off Market Properties – 45% of the best deals in Downtown real estate are not listed on the internet, and not listed in the agents and brokers Multiple Listing Service.  A Downtown LA pocket listing specialist is the best source to provide access to these private deals at no cost to the buyer.
  2. Get informed on all of the unique challenges and downsides of Downtown lofts. Besides lots of homeless people running around, Downtown Los Angeles lofts have other unique issues. More than 25% of current listings involve a building that is currently or recently engaged in a lawsuit or litigation of some kind.  The popular Barker Block is involved with litigation, and has a questionable new shopping center, also a possibly contaminated park being built across the street. Buyer’s need a Downtown specialist to help provide information about these potentially negative issues.  Alta Lofts HOA recently announced a claim against the developer for construction defects that could potentially turn into a lawsuit and affect home values. All Downtown buildings have major pros and cons.
  3. Avoid loft lending nightmares – More than half of homes for sale in Downtown are industrial or commercial buildings that have been converted to live-work under the City of Los Angeles Adaptive Re-Use Ordinance.  Most home loan companies do not know what a loft is, they do not check the building type up front, and they come back later with bad news about delays, cancellations or higher rates for loft financing.
  4. MORE – Beat out other buyers to the best deals in Downtown condos and lofts. Most buyers and most agents do not know how to implement very advanced strategies to give the buyer as much advantage as possible.  These strategies include advanced software, intelligence gathering, outmaneuvering, and out-negotiating the listing agent to place the buyer’s interests far above the seller’s interests. The good news is that it is free. The buyer simply needs to make a decision that they deserve the best deal possible, the best price and the all possible advantages. Get free information on how to take advantage of the Downtown VIP Buyer program at no cost at www.LALoftVIP.com or visit http://www.lacondoinfo.com/technology

PREDICTION FOR 2016

The L.A Loft blog predicts that 2016 is expected to have gains similar to 2015, around 7%. Most buyers have been cautious recently. Contrary to what some believe, there will be no big, dramatic drop is prices any time soon.  Because the money supply is still very loose, the opposite is actually more likely. Inflation pressure caused by unprecedented quantitate easing is just as likely to cause home prices to have an unexpected jump in the near future.

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Get a list of new condos in Downtown Los Angeles. Fill out the online form:

Find homes in Downtown Los Angeles:

CONDOS DOWNTOWN LA  [MAP]

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SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $30,000,000
Browse by Building  |  Neighborhood  |  Size  |  Bedrooms  |  Pets  |  Parking

Corey Chambers, Realty Source Inc, BRE#01889449
LA Live South Park Downtown
LA Live South Park Downtown