Biscuit Company Loft For Lease – Just Listed in the Arts District of Downtown Los Angeles

1850 S Industrial St, #514, Los Angeles, CA 90012

NEW ON THE MARKET

For those who’d like an upscale historic industrial loft nearly 1,200 square feet in the cool, clean neighborhood central to all creative resources of L.A. Here’s an opportunity to live in the renowned Biscuit Lofts, the historic building built in 1925, with a remodel in 2007. Beautiful exposed brick and concrete pillars accent hardwood floors throughout the space, large industrial windows expand the room, allowing natural sunlight to shine through. High tall ceilings extend the spacious, architectural vibe. The unit has one assigned subterranean parking space and in-unit laundry. Amenities include 24-hour concierge, fitness center, barbecue area, and pool. Located just minutes to incredible restaurants, cafes, markets, all that the DTLA Arts District has to offer. DETAILS / PHOTOS | TOUR VIDEO

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Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, DRE 01889449; MPR Funding Inc NMLS 2000513. 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.

Falling Little Tokyo Lofts Prices – What Creates Financial Winners and Losers

Little Tokyo Lofts condo building stagnates

Like many other loft condominium buildings that are today surrounded by homeless and violent mentally ill in Downtown Los Angeles, Little Tokyo Lofts for sale listings have been suffering a recent 91.66% failure rate. Only one out of twelve listings sold successfully.  This suggests a substantial risk that neighborhood prices may be lower next year.  A list of recent sale and lease listings are available here. | PDF

In early 2019, we reminded Downtown loft investors, in our blog post, to consider selling their unneeded loft condos, and using the proceeds to buy bitcoin.  Those who held on to their properties lost more than $40,000 of equity on average.  Those who sold and kept in cash lost 6% due to “transitory” inflation, which is really the beginning of stagflation — runaway inflation plus economic stagnation caused by virus hysteria, massive overreaction and socialist-style government interference.  Those who acted on our bold suggestion found that $300,000 in average equity jumped to $5 million since, more than a 1,600% gain.

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Top floor unit 631 offers due October 15, 2021. To be removed from market.

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, DRE 01889449; MPR Funding Inc NMLS 2000513. 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. | PDF