Investor Opps in DTLA

Units that get high rents and low price/SF in relation to recent comps. These are interesting opportunities to for investors.

Barker Block #131

$1.595M

2+3 / 2830sf

Arts District Massive industrial split/level loft with multiple living/working areas. Live/work space with a wide audience pool.

Compass, Thomas Atamian

Barker Block #102

$1.349M

2+2 / 2660sf

Arts District Massive industrial split/level loft with multiple living/working areas. Live/work space with a wide audience pool. Distressed sale with court confirmation. Cash preferred.

Coldwell Banker, June Ahn

Flower Street Lofts #123

$726K

1+2 / 1423sf

South Park Massive industrial split/level loft with multiple living/working areas. Live/work space with a wide audience pool. Amazing location within blocks to Crypto.com Arena, The Bloc, Fashion District, Financial District, etc.

Keller Williams, Joseph Iuliucci

Market Lofts #619

$799k

2+2 / 1370sf

South Park spacious 2 bedroom 2 bath loft style condo with front desk security and amenities galore. 

Loftway, Christiano Sampaio

Pan American #307

$599k

1+1 / 1000sf

Historic Core classic loft conversion with separate bedroom area, windows on opposite walls, balcony, Mills Act property tax savings.

KW, Miranti Bornvorsin

Yes, the Building Where Johnny Depp Once Owned Penthouses

The Eastern Columbia building has had some serious exposure lately. It's the building where Johnny and Amber used live. And there are some fabulous lofts for sale there right now. Located right at the south end of the historic core, the building is within a few block from the Museum Building, Ace Hotel, Whole Foods, Fashion District, Proper and Hoxton Hotels, The Bloc, Apple Flagship Store, Paul Smith, Cliftons and more. And did I mention that the building is a Mills Act Cultural Monument?

Loft #603

$2.25M / 2+3 / 2230sf /  2 Parking Space Privileges

Penthouse #4

$1.795M / 1+2 / 1780sf / 2 Parking Space Privileges

Douglas Elliman, Ernie Carswell

Loft #611

$1.495M / 2+2 / 1740sf /  2 Parking Space Privileges

Urban RE, Alex Limandri

Loft #708

$1.395M / 1+2 / 1540sf /  2 Parking Space Privileges / 2 Deeded Storage Units

Coldwell Banker, Yuri Huxley

Loft #701

$1.299M / 2+2 / 1390sf /  2 Parking Space Privileges

Executive Realty Group, Beata Mandel

Loft #902

$925K / 1+1 / 1280sf /  1 Parking Space 

KW, Anh Tran

Loft #202

$895K / 1+1 / 1150sf /  1 Parking Space 

Coldwell Banker, Yuri Huxley

Loft #805

$849K / 1+1 / 890sf /  1 Parking Space 

Compass, Jennifer Gainey

Loft #M7

$785M / 1+1 / 1120sf /  1 Parking Space 

Coldwell Banker, Yuri Huxley

Interesting Investor Opportunities Right Now in DTLA

849 S. Broadway #M7 

$785k / 1120sf

Famous for it's iconic clock tower and now the Johnny Depp and Amber Heard Trial, this unit is the lowest price/sf in the building right now at $700/sf. The most recent sale was #806, the same size unit for $865k. Unit #M7 comes with 1 parking space, and the building offers property tax savings with the MILLS ACT. Courtesy of Yuri Huxley, Coldwell Banker Realty.

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215 W. 7th #1302

$598k / 800sf

Fabulous unit with barrel ceilings and exposed brick walls. 13th floor loft with views view views! The Bartlett building offers property tax savings with the MILLS ACT. Courtesy of Agnes Ferreyra, Realty Source.

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108 W. 2nd #611

$575k / 750sf

Coveted east facing loft with DTLA skyline views! The Higgins building offers property tax savings with the MILLS ACT. Courtesy of Robert Howell, KW Beverly Hills.

Getting Ready to Sell Before Winter--and Another Interest Rate Hike

The window to sell is closing, so you want to get the place listed asap if you want to cash out this year. The rule of thumb is to have the place listed now, so you have time to get offers and into escrow by August. That way, you close on the sale before activity really starts to die down.

What to do to prepare to sell, in order of priority

1. Declutter

2. Paint the entire place, including ceilings and cabinets, if needed

3. Change out simple and easy things like faucets, cabinet hardware

4. Refresh bathrooms with a nice new mirror

5. Stage an empty place

6. Replace vanity in bathroom

7. Replace kitchen cabinets if within budget