Home Buying in Downtown>Question Details

Billy L, Home Buyer in Westchester, Los Ang...

Is it possible to find a loft in downtown under 250k?

Asked by Billy L, Westchester, Los Angeles, CA Wed Apr 10, 2013

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Abe Chang’s answer
It'll be a challenge right now. I'm sure you know prices are going up. Maybe something will come up in Santee Village, SB Grand or Little Tokyo lofts down the life that will be under $250k. Those are the only ones I can think of that may have that price range.
0 votes Thank Flag Link Thu Apr 11, 2013
It's difficult. Do you need a good realtor?

For mortgage help, call (630) 639-1081 or email for a free pre-approval in less than 10 minutes. We lend our own money and are licensed in 49 states and you can apply online at http://www.myccmtg.com.

We can do: FHA, Conventional, USDA, VA, HARP, Interest Only, Home Equity, Fixed, and Variable. Find out which product is right for you by calling Brad at (630) 639-1081.

Brad Neumann
Sr. Loan Officer
Crosscountry Mortgage Inc.
Phone: (630) 639-1081
Email: bneumann@myccmortgage.com
NMLS# 948036
0 votes Thank Flag Link Sun Jan 5, 2014
Thank you for joining the website concerning lofts in Downtown Los Angeles. I've been the agent assigned to make sure you find everything you are searching for in the Downtown and surrounding areas. First, let me assure you that there are no fees involved in using my services. In the State of California, working with a Rental Agent or Buyer Agent is available to you at NO COST.




So, I'd like to start by learning more about what your searching for in a property. I've available to assist you 7 days a week. Can we set up a phone call or do you prefer to communication via email.





Johnny Nekuda Johnny@Loftlivingla.com
d.r.e.01882103 Cell 562-896-3789
0 votes Thank Flag Link Sun Jan 5, 2014
Hi Billy. I run a team of 10 real estate agents in Downtown Los Angles. In 2014, there may be 10 properties that sell in this price point this year. Almost all will be CASH ONLY deals. Call me and I'll explain or check out my website at http://www.LoftLivingLA.com

I've been helping people find Downtown Los Angeles properties since 2001 and was voted number 1 agent by the Downtown News this year.
0 votes Thank Flag Link Sat Jan 4, 2014
Hello Billy,
Yes it is possible. I have been selling lofts in downtown for the past 9 years. There are not many, but a few and I am on top of the inventory daily, so if you want, I would be happy to assist you in finding one. Let me know.
0 votes Thank Flag Link Fri Apr 12, 2013
Hi Billy,

Currently there is one active listing priced at $215,000. Visit my website to get more information on this unit and search all available DTLA condos and lofts for sale and lease.
0 votes Thank Flag Link Fri Apr 12, 2013
Hi Billy,

I am a downtown agent. I have been living and working downtown for the past ten years and have extensive knowledge of all buildings and neighborhoods. It's possible to purchase for under $250,000 but you will need a lot of patience. The market has changed everywhere, including downtown and one of the biggest obstacles now is inventory. There is no inventory and no plans to develop condo's for at least the next three years. Low inventory means multiple offers, usually over asking price. As well, short sales and foreclosures are almost a thing of the past. This is the market you would find a loft under $250,000. There is a unit just listed in the last couple of days of Little Tokyo Lofts and is listed at $215,000. It is a short sale. Please feel free to contact me. I would be happy to add you to my client list and notify you when properties list in your price range.

Paula Samuel
Downtown LA Realty
(310) 795-1261
0 votes Thank Flag Link Thu Apr 11, 2013
You have to define "downtown" a l;little more precisely.
0 votes Thank Flag Link Thu Apr 11, 2013
Please visit http://www.GALVANGROUPLA.com

Saul Galvan
Keller Williams Downtown LA
0 votes Thank Flag Link Thu Apr 11, 2013
Please call me direct 424-777-9377 and I'll show you all available properties in DTLA in this price range.



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0 votes Thank Flag Link Thu Apr 11, 2013
Hello, Billy

Thank you for the question and allowing me the opportunity to provide you with service . I have several clients currently looking to buy in Downtown Los Angeles . I provide them with information on short sales , Bank foreclosure, and most importantly pocket listings . I provide them with a free daily and weekly report on available properties currently on the market.

Billy , if you like i would be happy to provide you with similar information ..

It is very possible to buy DTLA for under 250k but you must be pre-approved and ready to move quickly when it hits the market. Recently a beautiful loft hit the market for 180k and it went into pending in a very short time period.
0 votes Thank Flag Link Thu Apr 11, 2013
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