Thursday, April 30, 2015

DTLA Properties Over 1400SF

Large condos are few and far between in downtown. Developers are chopping up units into smaller and smaller spaces to get the most money for their investment. When you're starting to see 700sf studios going for $400-%500k, suddenly 900sf is considered spacious for a 1 bedroom. With size becoming a premium in the area, properties that are over 1400sf are becoming more rare and will hold value in the future.

Some available "oversized" properties:

Flower Street Lofts #108 - 1424sf - $710k
Courtesy of Christiano Sampaio, Loftway

Market Lofts #312 - 1460sf - $800k
Courtesy of Edward Park, Stanford Raffles

Sky Lofts #1204 - 1640sf - $969k
Courtesy of Ivan Pan

EVO #1703 - 2070sf - $1,390,000
Courtesy of Yumiko Cato Lee, The Real Estate Group

Elleven #1018 - 2070sf - $1,450,000
Courtesy of Kerry Marsico, Coldwell Banker