caroline choi: DTLA Ritz Carlton Residences - Units still Available! - 07/30/12 05:52 PM
DTLA Ritz Carlton - Units still available!  
 
What's left on the market in DTLA, you ask? The Ritz is a project that still has units available, and they're currently starting at $850,000, upwards to units at $9.3 mil. Currently, I hear the Ritz Carlton Residences are doing well through the grapevine, with many of their buyers being foreign investors, or foreign buyers who are purchasing with the brand recognition in mind, as well as what people are considering a premiere building for those interested in living in South Park. The Staples Center is literally next door, and all … (1 comments)

caroline choi: DTLA Arts District Development over 85% Sold - 07/30/12 05:50 PM
DTLA Arts District Development over 85% Sold   Inventory's low, demand is high. It's just the game when involved in shifting markets, particularly in Downtown LA where the inventory is trickling through an IV line at the moment.
One example in particular to highlight -- the 940 E 2nd St complex in DTLA's sought-after Arts District. Outside of being a beautiful building, the developer has been holding firm on prices. I've had different buyer clients ask me to let them know if there is ever a price reduction, but in this case, they have all but sold out at the project, … (0 comments)

caroline choi: DTLA Events: Grand Park Inaugural Weekend Events - 07/24/12 12:52 PM
DTLA Events: Grand Park Inaugural Weekend Events   For you DTLAer's or DTLA aficionados, here's something for your social calendars this weekend: the Grand Park opening weekend! Woo Hoo!
The Grand Park, another great open park space available in an urban setting, and set within the beautiful space between civic centers and artistic venues, will serve as a backdrop for a fun dance event, as well as concert venue this weekend. LA summer weather - check. Music - check. Food trucks - check and check.
For more information, to get tickets, or see how to get there/where to park, go to … (1 comments)

caroline choi: How You Can Still Finance a Home with Unpermitted Additions - 07/24/12 12:40 PM
How You Can Still Finance a Home with Unpermitted Additions   Looking at that awesome house that would be perfect for you, except that you know it has an unpermitted addition? AND you're an FHA buyer?? Or maybe you're a seller who has an AMAZING home, but you have an unpermitted bedroom or enclosed patio space that is built beautifully and has not problems, but are concerned about a buyer getting financing?
Never fear! Here are some helpful hints, direct from my lender friends at Skyline Financial, about what will fly, and how to navigate an unpermitted addition situation:
 

… (1 comments)

caroline choi: Estimated Closing Costs - 07/24/12 11:08 AM
Estimated Closing Costs   Buyers and sellers are always asking me about closing costs. How much will they be? What does it cover? Well here's a lovely lil worksheet from my friends at Lawyers Title to help you figure that out, based on your loan or liability amount. Keep in mind that these are estimates, and depending on who your escrow is with, what the particulars of the transaction are -- and who's paying for what based on your particular contract, will all depend on what exact figure you will be paying. However, this should give you a good idea of … (0 comments)

caroline choi: Alta Lofts - Loft Living Just Outside Downtown - 06/06/12 09:51 PM
Alta Lofts - Loft Living Just Outside Downtown   With inventory in Downtown so low, buyers have been looking for all sorts of alternative loft living options. One great place to take a look: the Alta Lofts. These are FHA approved (yes!!), priced starting at $199,900, and offering great amenities like a fitness center, bbq area, and secured parking. Super close to Downtown, the Brewery Arts District, Metro Gold Line, and adjacent areas, this is a great alternative for those looking for reasonable loft living in the area.

I would also say hurry on these if you are interested -- … (2 comments)

caroline choi: 940 E 2nd St Inventory Update: DTLA - 06/06/12 09:49 PM
940 E 2nd St Inventory Update: DTLA   Inventory in DTLA is low. Super low. And everything's moving, and not just in the 1st time buyer and investor price points. I'm talking the $500K range. One new construction project in particular is doing extremely well, and it's definitely it's own kind of product within Downtown.
Outside of being in the Arts District which is the new, hip, trendy area just east of Alameda, the building itself has a townhouse-like feel, with a great set up for a live/work situation. With an immaculate attention to detail, these units have been moving quickly, … (1 comments)

caroline choi: 940 E 2nd Inventory & Update - 01/23/12 10:58 PM
940 E 2nd Inventory & Update  
  Here's a great option in the Arts District Downtown - the units at 940 E 2nd St. These units are a lovely townhouse style - modern loft style units. There are only two units left priced at $510,000, but not to worry, there are more units in subsequent phases to come. Only downside is that $510,000 are going to be the lowest priced units available as the remaining units will be priced higher than $510,000.
So you know the deal - these are going to go fast so get there before someone … (1 comments)

caroline choi: 655 Hope Update & Inventory - 01/23/12 10:51 PM
655 Hope Update & Inventory  
  Hello DTLA Buyers! We all know that DTLA inventory is really low right now, and what happens when supply is low? Demand rises! That's right, 655 Hope units have been flying off the shelves since New Year's and that's WITH a price INCREASE from the developer. Check out the remaining units at 655 Hope and their new pricing -- pricing is firm.
Need something else to sweeten the deal? How about the developer paying for a year's worth of HOAs if you're under contract before Jan. 31st? I'd say that's a pretty good … (1 comments)

caroline choi: DTLA Alternative - The Alta Lofts - 01/23/12 10:41 PM
DTLA Alternative - The Alta Lofts  
  I get asked which buildings in Downtown LA are FHA approved all the time. That's not surprising, considering how many first-time buyers and investors there are swarming in Downtown right now, not to mention the low inventory. Here's an option: why not step a little outside Downtown into neighboring Lincoln Heights to the ALTA lofts? They are FHA approved, and with units starting at $199K, are definitely worth checking out. And right now, the developer's offering a special incentive -- 2 years of pre-paid HOAs!
Caroline Choi Real Estate Caroline Sells The … (0 comments)

caroline choi: DTLA Series: The Higgins Building - 01/23/12 10:33 PM
We're taking a look at this unit at the Higgins Building, located at 108 W 2nd St, at the corner of 2nd & Main in DTLA. This building is located above the Edison Jazz Club and features a dog park directly across the street, convenient for pet lovers & owners. This 650 sq foot unit is a courtyard facing unit, with a half wall partition that separates off the living space. With stainless steel appliances and an open living/dining space, this unit is ideal for a single dweller in this beautiful, historic building. Priced at $184,900 with HOAs of $500/mo, the … (0 comments)

caroline choi: DTLA Series: Toy Lofts - 01/23/12 10:16 PM
It's the DTLA Series and we're checking out this unit at the Toy Lofts in the Arts District Downtown. This 1 bedroom, 1 bath 837 sq ft loft unit features views of the rooftop pool & terrace, and is also just down the street from Swill Wine Bar, Church & State, the neighborhood market, and more! Priced at $289,000 and HOAs of $338/mo including parking, this unit is priced to move! GO DTLA! Caroline Choi Real Estate Caroline Sells The City LA www.CarolineSellsTheCity.com … (0 comments)

caroline choi: DTLA Series: Little Tokyo Lofts - 01/16/12 05:24 PM
It's the DTLA Series and we're here at the Little Tokyo Lofts located at 420 S San Pedro in Downtown LA. This 1 bedroom, 1 bath 670 sf unit has a courtyard facing view, with a lovely patio space on this penthouse level unit. With a bedroom that shuts off from the rest of the living space, a spacious closet, and hardwood floors throughout, this is a regular sale listing priced at $149,000. Building amenities include secured access, 24 hour security, parking, pool & spa, and a dog run. A great unit for a great price! Go DTLA! Caroline Choi Real … (0 comments)

caroline choi: DTLA Series: The Savoy - 01/16/12 05:07 PM
It's the DTLA series and we're at this one bedroom, one bath unit at the Savoy, located at 100 S Alameda in the heart of Little Tokyo Downtown. This 735 square foot unit has a courtyard view, an outdoor patio, stainless steel appliances, and granite countertops. Priced at $220,000 as a regular sale, and HOAs of $322/mo which does include parking, this one's a great option for a buyer looking Downtown with the current low inventory. Go DTLA! Caroline Choi Real Estate Caroline Sells The City LA www.CarolineSellsTheCity.com … (1 comments)

caroline choi: DTLA Series: Grand Lofts - 01/13/12 11:33 PM
It's the DTLA series and we're at the Grand Lofts today located at 330 W 11th/1100 Grand. This 1400 sf unit is on the courtyard level, providing privacy and an interior facing view. This spacious floorplan provides for potentially a couple different bedroom layouts, and plenty of open floor plan space for all of your living needs. With concrete floors throughout the living space, it's prime South Park location, and with 2 parking spaces all for $295,000, this unit is a great buy for buyers looking for a South Park address and looking to stay under $300K. Go DTLA! Caroline Choi … (0 comments)

caroline choi: DTLA Series: Bartlett Building - 01/13/12 11:21 PM
DTLA Series: Bartlett Building It's the DTLA Series and we're checking out this unit at the Bartlett Building located at 215 W 7th St on the corner of 7th & Spring, the soon to be Restaurant Row. This unit is special in that it does have a bedroom that does close off, as well as an office nook space, that can also be built out to be a smaller bedroom if necessary. At 780 sf, the unit appears quite spacious in it's open floor plan and does come with all of the appliances necessary to move in. Priced at $175,500 and … (1 comments)

caroline choi: Cornell & Eckardt Updates - Downtown LA - 01/06/12 06:20 PM
 
  Cornell & Eckardt Updates   The inventory is extremely low Downtown and so it's no surprise there's only a handful of units left at Santee Village in Downtown's Fashion District. This lovely project is Mills Act approved -- which enables buyers to save up to 60% on their property taxes, and the HOA is not in litigation as are many of the other buildings with units in this price point. So here's what's left: The developer is still offering this wonderful $10,000 purchase incentive -- just another 10,000 reasons to move on these units while they're still around! Go … (0 comments)

caroline choi: 655 Hope Inventory Update - 01/06/12 06:19 PM
655 Hope Inventory Update  
  With news of Farmer's Field and impending expansion of that area in Downtown's South Park, it's no wonder units in the first-time buyer range are few and far between. But if you haven't considered the units at 655 Hope, you're missing out. Why? New construction. Boutique hotel-like finishes. Awesome location. Parking. Secured access. Metro station directly underneath the building. Not enough reasons? Well check out the price point of some of these units -- you may be surprisingly pleased:
And now with over 51% of the project sold and under contract, you can use … (0 comments)

caroline choi: Santee Village Lofts Inventory Update Dec. 2011 - 12/19/11 09:23 PM
Santee Village Lofts Inventory Update Dec. 2011  
  Just because the holidays are around the corner does not mean the real estate market is dead! Far from it! The holidays are typically a time when the hardcore buyers come out and see what might be available for them, and if you're one of those -- I want to tell you about an opportunity at Santee. Why not get yourself a $10,000 purchase incentive gift for a unit at Santee? That's right, the developer is offering a $10,000 purchase incentive to use off of the purchase price, pre-paid HOAs, closing costs, … (0 comments)

caroline choi: DTLA Series: The Vero - 3 bedroom unit - 12/19/11 09:10 PM
It's the DTLA Series, and we're exploring a rare 3-bedroom that has surfaced at the Vero in Downtown LA. Just west of the 110 fwy, the Vero is located at 1234 Wilshire Blvd, and is walking distance to retail shops, restaurants, and LA Live and the Staples Center. One of the main advantages of this building compared to others Downtown is the low HOA compared to similar buildings with similar amenities. This 3 bed, 3 bath, 1470 sf unit is priced at $424,900 and has HOAs of $385/mo. With building amenities such as swimming pool, spa, fitness center, lobby lounge, and … (0 comments)

 
Caroline Choi -- Caroline Sells The City -- Los Angeles (John Aaroe Group - Broker Associate/EcoBroker Certified) Rainmaker_large

Caroline Choi -- Caroline Sells The City -- Los Angeles

Los Angeles, CA

More about me…

John Aaroe Group - Broker Associate/EcoBroker Certified

Address: 548 S Spring St #109, Los Angeles, CA, 90013

Cell Phone: (323) 572-3112

Email Me

The Real Deal on the Los Angeles Real Estate Market


Listings

Links

Archives

RSS 2.0 Feed for this blog