Stephen May, Real Estate Professional in Los Angeles, CA Email Phone
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Stephen May

"Downtown Condo and Loft Specialist since 1989 - (213) 640-2863"
Experience:
Broker for Loft Condominiums January 1989—present
Representing Buyers and Sellers of Downtown Los Angeles condos and lofts since 1989.
Teacher for Los Angeles Unified School District September 1983—June 1995
For 11 years I taught Adult High School.
Specialties:
Downtown Los Angelels condos and lofts and Atwater Village houses.
Certifications
& Awards:
ePro
Interests:
Bicycling.
About:
Stephen May is the Broker of Loft Condominiums, representing Buyers and Sellers of Downtown Los Angeles condos and lofts since 1989. Be sure to check out ... show more
Testimonials:
"I am sure that they cut weeks off the sale of my condo. They understood the need for speed, but never sacrificed communication or service. They spared ... show more
Stephen May answered:
The best investments are the low-priced properties, which are low-priced because there is litigation, pending or active, in most cases between the homeowners' association and the developer. This scares some buyers away, shrinking the pool of prospective buyers. The smart investors know the lawsuits will eventually be settled, and they will come up smelling like a rich rose in the end, when the market cycles back to the upturn. The "problem" properties at this time, coincidentally all well-located, are Barry Lofts, 5th & Broadway, Bartlett Building, 7th & Spring, Little Tokyo Lofts, 4th & San Pedro, and possible The Savoy, 1st & Alameda. These are all fine buildings, with different features and personalities. All are well worth having a look at. They are in different Downtown neighborhoods, all convenient to public transit, and there are at least a dozen condos currently for sale in each of these buildings, some short sale or REO, some resale, so the selection is terrific for the investor buyer. Or for the buyer looking for a great place to live. Make it your crash pad or lease out and hold for appreciation (increase in value), which WILL happen...eventually! - Fri Jun 11, 2010
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