DTLA - Sellers Must Woo with Prices or Interiors

While "suburban" homes are all the rage, more dense city areas are still lagging behind in activity and prices. In DTLA, prices are starting to catch up as Los Angeles opens up, the weather is always great, and it's now sinking in for buyers that DTLA is one of the few if not only places where you can avoid bidding wars. 

But to be serious about selling, you need to either price it right or just below the market, or really spruce up the place. There's a lot of competition around, and the best units are selling. 

Recently sold for top prices: 

1234 Wilshire #304 - Vero Condos 

https://www.themls.com/mlslistingphoto/listing/slideshow/#/21-714874 

746 S. Los Angeles St #910 - Cornell at Santee Village https://www.themls.com/mlslistingphoto/listing/slideshow/#/21-694530 

257 S. Spring St #4D - Douglas Lofts 

https://www.themls.com/mlslistingphoto/listing/slideshow/#/21-685716 

1155 S. Grand #1708 - EVO Condos https://www.themls.com/mlslistingphoto/listing/slideshow/#/PW21003076MR 

530 Hewitt #323 - Barker Block Lofts 

https://www.themls.com/mlslistingphoto/listing/slideshow/#/20-669754 

253 S. Broadway #301 - Pan American Lofts https://www.themls.com/mlslistingphoto/listing/slideshow/#/21-706744 

253 S. Broadway #509 - Pan American Lofts https://www.themls.com/mlslistingphoto/listing/slideshow/#/20-655240 

108 W. 2nd St #413 - Higgins Lofts 

https://www.themls.com/mlslistingphoto/listing/slideshow/#/21-678028 

416 S. Spring St #1207 - El Dorado Lofts https://www.themls.com/mlslistingphoto/listing/slideshow/#/20-608070 

Currently Active Prime Units: 

1850 Industrial #712 - Biscuit Company Lofts https://www.themls.com/mlslistingphoto/listing/slideshow/#/20-672070 

849 S. Broadway #1210 - Eastern Columbia Lofts https://www.themls.com/mlslistingphoto/listing/slideshow/#/20-652400 

849 S. Broadway #311 - Eastern Columbia Lofts https://www.themls.com/mlslistingphoto/listing/slideshow/#/21-680284 

1111 S. Grand #103 - Elleven Condos https://www.themls.com/mlslistingphoto/listing/slideshow/#/WS21097822MR 

1100 Wilshire #1705 

https://www.themls.com/mlslistingphoto/listing/slideshow/#/20-660640 

1100 Wilshire #1706 

https://www.themls.com/mlslistingphoto/listing/slideshow/#/20-622374 

1855 Industrial #418 - Toy Factory Lofts https://www.themls.com/mlslistingphoto/listing/slideshow/#/21-696298 

1111 S. Grand Ave #406 - Elleven Condos https://www.themls.com/mlslistingphoto/listing/slideshow/#/21-710154 

629 Traction #507 - MURA Condos https://www.themls.com/mlslistingphoto/listing/slideshow/#/PW21065305MR 

315 E. 8th St #906 - Textile Lofts 

https://www.themls.com/mlslistingphoto/listing/slideshow/#/21-690300

Historic Lofts for Sale - Biscuit Lofts, Toy Factory Lofts and Textile Lofts

Inventory is super low in DTLA, what's new? About 80 properties for sale in the whole of the downtown. Below are recently available properties in great buildings. Check them out at their open houses on Sunday 3/22. UPDATE: All of the properties below have accepted offers.

2-Story Penthouse Biscuit Loft in the Arts District #714

1 bed, 2 baths, 2 parking, 2031sf, private terrace. 

Asking $419k *Mills Act Building*

PLG Estates

Toy Factory Loft in the Fashion District #603

1 bed, 1 baths, 1 parking, 976sf.

Asking $599k 

 Berkshire Hathaway

Textile Loft in the Fashion District #206

1 bed, 1 baths, 1 parking, 890sf, private terrace. 

Asking $495k *Mills Act Building*

Benjamin Hill

SOLD - Spacious Industrial Loft in Art District South - Toy Factory #615

Arts District live/work loft that is a true warehouse conversion featuring polished concrete floors and stainless steel appliances. The building boasts a rooftop pool and gym--both with views for miles, lower rooftop courtyard and a full gym. Located across the street from Church & State, Daily Dose, Pour Haus, Little Bear, Urban Radish, Zinc, and just a couple blocks from Bestia, Stumptown, Bread Lounge, Blue Bottle Coffee, Factory Kitchen, etc. This pristine loft features upgrades throughout, and great natural light from massive windows. Listed at $849k for 1428sf of space. Has 1 bath and 1 parking space.

SOLD - Industrial Warehouse Loft with Views - Toy Factory #620

Amazing spacious loft with high ceilings and polished concrete floors in the heart of the Arts District. This stylish live/work loft features endless upgrades that include custom-built room dividers, lighting, custom-built closet and more. Expansive southerly views from the oversized windows. The unit also features 1 in-building parking space. The building boasts a rooftop pool and spa--both with views for miles, lower rooftop courtyard and a full gym, as well as front desk security. Located across the street from Church & State, Daily Dose, Pour Haus, Little Bear, Urban Radish, and just a couple blocks from Bestia and Handsome Coffee, Urth Cafe. This pristine loft is listed at $598k for 1039sf of space. Has 1 bath.

SOLD - Corner Warehouse Loft with Balcony - Toy Factory #519

Amazing spacious loft with 14" ceilings and polished concrete floors in the heart of the Arts District. This stylish live/work loft features endless upgrades that include custom-built room dividers , gourmet kitchen, custom-built closet and more. The unit also features a private balcony and 2 parking spaces. The building boasts a rooftop pool and gym--both with views for miles, lower rooftop courtyard and a full gym. Located across the street from Church & State, Daily Dose, Pour Haus, Little Bear, Urban Radish, and just a couple blocks from Bestia and Handsome Coffee. This pristine loft is listed at $819k for 1438sf of space. Has 1 bath.

SOLD FOR DOUBLE THE ASKING - Unusual Opp for a Raw 1800sf Loft for $179k - Little Tokyo Lofts #106

This type of opportunity is rare in this market. This 1800sf mutlilevel loft is asking $179,000. The catch is that it's pretty raw. Forget about the drywall--I'm talking about plumbing, ducting work, and most likely electrical and potentially some foundation work. Inspections will tell. But at this price, this is a dream project for an architect's or anyone with a vision and some cash to make it happen. This will likely go over the asking price. Open house Wednesday 8/27 from 11-2pm.

Courtesy of Rhett Winchell of Kennedy Wilson

SOLD - Arts District Warehouse Loft for Sale - Toy Factory #418

Gorgeous north-facing loft with soaring ceilings in the heart of the Arts District. This live/work loft is a true warehouse conversion featuring hardwood floors and stainless steel appliances. The building boasts a rooftop pool and gym--both with views for miles, lower rooftop courtyard and a full gym. Located across the street from Church & State, Daily Dose, Pour Haus, Little Bear, Urban Radish, and just a couple blocks from Bestia, Stumptown, Bread Lounge, Handsome Coffee, Factory Kitchen, etc. This pristine loft features designer finishes throughout, and great natural light from massive windows. Listed at $699k for 1467sf of space. Has 1 bath and 1 parking space.

SOLD - Beautifully Upgraded Warehouse Space for Sale - Toy Factory #311

Gorgeous loft with 14" ceilings, walls of concrete and hardwood floors in the heart of the Arts District. This stylish live/work loft features endless upgrades that include custom-built room enclosures, gourmet kitchen, upgraded bathroom, custom-built closet and more. The unit also features a spacious private patio and 3 parking spaces. The building boasts a rooftop pool and gym--both with views for miles, lower rooftop courtyard and a full gym. Located across the street from Church & State, Daily Dose, Pour Haus, Little Bear, Urban Radish, and just a couple blocks from Bestia and Handsome Coffee. This pristine loft is listed at $949k for 2104sf of space. Has 1 bath.

SOLD ABOVE ASKING - True Warehouse Loft for Sale - Toy Factory #312

Gorgeous north-facing loft with soaring ceilings in the heart of the Arts District. This stylish live/work loft features polished concrete floors, upgrades that include polished concrete floors and a custom-built room enclosure. The building boasts a rooftop pool and gym--both with views for miles, lower rooftop courtyard and a full gym. Located across the street from Church & State, Daily Dose, Pour Haus, Little Bear, Urban Radish, and just a couple blocks from Bestia, Stumptown, Bread Lounge, Handsome Coffee, Factory Kitchen, etc. This pristine loft features designer finishes throughout, 20ft ceilings and great natural light from massive windows. Listed at $585k for 1225sf of space. Has 1 bath and 1 parking space.

SOLD ABOVE ASKING - Spacious Industrial Arts District Loft with Balcony for Sale - Toy Factory #419

Gorgeous northeast corner unit with multiple panoramic floor to ceiling windows and 14" ceilings. Stylish live/work loft with an east-facing sizable balcony and polished concrete floors, plus a grand hallway entry perfect for an art wall. The building boasts a rooftop pool and gym--both with views for miles, lower rooftop courtyard and a full gym. Located across the street from Church & State, Daily Dose, Pour Haus, Little Bear, Urban Radish, and just a couple blocks from Bestia and Handsome Coffee. This pristine loft features designer finishes throughout, 20ft ceilings and great natural light from massive windows. Listed at $669k for 2 baths, 2 parking spaces, and1430sf of space.

SOLD - Prime Corner with Balcony for Sale - Toy Factory #318

Gorgeous northeast corner unit with multiple panoramic floor to ceiling windows and 14" ceilings. Stylish live/work loft with an east-facing sizable balcony and polished concrete floors, plus a grand hallway entry perfect for an art wall. The building boasts a rooftop pool and gym--both with views for miles, lower rooftop courtyard and a full gym. Located across the street from Church & State, Daily Dose, Pour Haus, Little Bear, Urban Radish, and just a couple blocks from Bestia and Handsome Coffee. This pristine loft features designer finishes throughout, 20ft ceilings and great natural light from massive windows. Listed at $629k for 1 baths, 2 parking spaces, and1430sf of space.