Sunday, May 24, 2015

Currently Available Industrial Lofts in DTLA

Simply put, there are usually two kinds of lofts--industrial and architectural. The architectural ones are generally the conversions from former bank buildings, offices (think Rowan Lofts, Douglas Lofts, Eastern Columbia Lofts) that have a lot of beautiful character intact, both inside and out. The industrial ones are often conversions too, but have generally been adapted from factories, warehouses or showrooms (think Biscuit Company Lofts, Toy Factory, Barker Block, Textile Lofts).

Below are industrial lofts currently available for sale in these unique buildings:

FLOWER STREET LOFTS IN SOUTH PARK (Formerly a UPS Shipping Hub)

Penthouse Loft #416 - 1648sf - $800k
Loft #215 - 1260sf - $750k
Loft #117 - 1483sf - $683k

BARKER BLOCK LOFTS IN THE ARTS DISTRICT (Formerly the Barker Brothers Furniture Factory & Warehouse)
Loft #424 - 1070sf - $849k






Sunday, May 17, 2015

Can You Believe, Prices Haven't Risen in 8 Years?

Here's the reality: prices have risen since 2010. A lot. Then why are so many people clamoring to buy homes, often overbidding?

Because we're barely starting to match 2007 prices. So, look at it this way: prices have not gone up in about 8 years. The price people paid in 2007 is actually more than what people are paying now, which is why some people are still holding on until prices rise even more.

Wednesday, May 13, 2015

Two Side by Side Units for Sale in the Financial District - 655 Hope #1004 & #1005

It's so rare to have two units come on the market that are side by side, especially in a boutique-style building with only 80 units. Combine the units into one super loft. One of the units is a corner unit with southward views down Hope Street and to the east. Each unit features two full bathrooms with luxury finishes, sleek dark hardwood floors, walk in closet, tall ceilings laundry inside, storage unit, 1 covered garage parking space. Building has a front desk security guard, rooftop deck with BBQ, gym, conference room, and is conveniently accessible to the Metro Red Line. Walk to Bottega Louie, The Bloc, Seven Grand, Fig & 7th, The Standard Hotel, Jewelry District and more. Each unit is nearly 1200sf, and each is asking $799k.

 Courtesy of Jin Lee, Stanford Raffles Realty