DTLA – Page 195 – LA Loft Blog

Some prospective Downtowners refuse to be cooped up in a box all the time. They want to stretch their wings with a private outdoor space. #dtla #balcony

This is especially true for anyone who has pets, smokes or who wants to be sure to avoid cabin fever by easily stepping out at one’s own leisure into the private outdoor space. Below is a new video just released of the Eckardt Loft unit #302 at Santee Village. It offers nice open space, separated bed area and Mills Act tax benefits for less than $475,000. A covered parking space is included in the HOA dues. It’s even Mills Act qualified.

738 S Los Angeles St #302, Los Angeles, CA 90014

Historic industrial live/work loft 810 sq ft with private balcony. Open space with high ceilings. Hip urban character. Separated bed area. Upgraded ceiling lighting. Modern kitchen and bathroom. Concrete floors. Parking in maple avenue lot with free evening shuttle. Qualifies for Mills Act tax benefits. The Eckardt Building residents enjoy Santee Village amenities including swimming pool, hot tub spa, rooftop sun deck, fitness center gym, food court, wine market. In the middle of the action walkable to countless shops, restaurants, coffee, bars, pubs, entertainment and and transportation. Call Corey (213) 880-9910 or visit www.EckardtLoft.com

Corey Chambers
Your Home Sold GUARANTEED or I’ll Buy It*

No Gimmicks! For information on my exclusive Guaranteed Sale Program, order a Free Report by visiting www.GuaranteedSaleSoCal.com

4 Big Reasons to Call the Chambers Team to Sell Your Home:

#1 We’ll Get You More Money – Chambers Team gets you 2.2% more of the asking price
#2 We’ll Sell Your Home Faster – Chambers Team sells homes 44% faster
#3 More Likely to Sell – Chambers Team homes are 16% more likely to sell
#4 We’ve got more than 4,700 buyers in our Data Base looking for a home

To find out how much you can sell your home for and how long it will take, call Corey at (213) 880-9910

Save thousands of dollars on property taxes. Get a free list of Mills Act historic lofts or get a free list of Downtown lofts and condos with private outdoor space such as balconies, patios and terraces: Fill out the online form:

<a href="https://laloft.wufoo.com/forms/z1je2yl61je590t/" target="_blank" rel="noopener noreferrer">Fill out my Wufoo form!</a>

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

Downtown Los Angeles Private Balcony at Eckardt Lofts with Mills Act tax benefits

*seller and Corey must agree on price and time of possession. Realty Source Inc BRE#01889449

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.

Loft Lending Problems: It is the #1 most common disaster with Downtown loft sales and purchases. #loft #loans #chase

Most buyers and sellers have no idea how extensive the problems is, the delays and failed home sales that it causes. Unfortunately, they don’t know how to solve the problem because they don’t know who the loft specialist lenders are.

Most lofts are industrial and historic building conversions under the Los Angeles Adaptive Re-use Ordinance. Lofts are rare and unique in California real estate. Because most mortgage lenders don’t really know what a loft is, they often incorrectly tell the buyer and seller up front that it will be no problem, then later, when the property is in escrow, the lender or underwriter finally reveals the truth. They finally discover that the loft has issues and therefore the lender cannot lend on it or there will be costly delays or additional loan fees. Fortunately, this problem can be prevented when buyers and sellers know ahead of time which is the best lender for each particular building. Just like all lenders vary, all buildings vary greatly on building type, zoning, ordinance, FHA/VA status, Mills Act status, lawsuits, litigation, commercial percentage, sold ratio, renter ratio, HOA reserves and maintenance status. In almost all cases, it pays to use a loft specialist lender for a Downtown loft transaction because the lender has already approved the building, preventing needless delays and unanticipated costs.

More than 20% of Downtown homes for sale listings involve a building that is currently or recently in a lawsuit or litigation. Sometimes a litigation lender must be used.

Chase Bank has released a list of Chase approved Downtown buildings. While it is helpful when a large bank like Chase is making an effort to help buyers and sellers in Downtown Los Angeles, there are other smaller lenders that have been more focused and more successful because they are already more established in Downtown lofts, have approved more buildings and have compete more loans recently in some of the most challenged Downtown loft buildings. | COMMENT

Get a free list of the top Downtown loft lenders that can lend on nearly every building in DTLA. Fill out the online form:

<a href="https://laloft.wufoo.com/forms/x1aom04w05tl8g4/" target="_blank" rel="noopener noreferrer">Fill out my Wufoo form!</a>

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

Tag: DTLA

Downtown Los Angeles Loft For Sale with Private Balcony and Mills Act in Fashion District Historic Core

LA Loft Lenders for Mortgage Home Loans – Chase Approved Downtown Condo Buildings

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