downtown la real estate: 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)

downtown la real estate: 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)

downtown la real estate: 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)

downtown la real estate: 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)

downtown la real estate: 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)

downtown la real estate: DTLA Series: Shybary Lofts - 01/23/12 10:24 PM
We're checking out this bank-owned unit at Shybary Lofts, located at 312 W 5th St. This unit is a courtyard facing unit that is approx. 500 sq feet. With stainless steel appliances in the kitchen, washer and dryer in the unit, and hardwood floors throughout, this unit is perfect for a pied-a-terre or a studio unit for a single dweller. Priced at $154,900 with HOAs of $220/mo, this unit does not come with parking, but Joe's parking behind the building does offer spots for $150/mo. Go DTLA! Caroline Choi Real Estate Caroline Sells The City LA www.CarolineSellsTheCity.com … (0 comments)

downtown la real estate: 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)

downtown la real estate: 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)

downtown la real estate: 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)

downtown la real estate: 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)

downtown la real estate: 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)

downtown la real estate: DTLA Series: The Textile Building - 12/08/11 01:52 PM
Wow, take a look at this unit at the Textile Building at Santee Village, located in DTLA's Fashion District! This open floor plan loft is approx. 660 sf and features concrete flooring, glass tile finishes, and a separate bedroom area in the rear of the unit. With views of the Fashion District, this unit is priced at $158,500, and is located in a Mills Act approved building -- enabling owners to save up to 60% on their property taxes! With HOAs of $442/mo, which does include parking, this is a great first-time buyer unit. Complex amenities include a pool, spas, fitness … (0 comments)

downtown la real estate: DTLA Series: Library Court - 12/08/11 01:44 PM
Another unit at Library Court surfaces - dun, dun, dun! This lovely unit on the courtyard level is a 1 bed, 1 bath 580 sf unit that features a condo floorplan -- yes, you do have a door separating off your bedroom. Priced at $220,605, this is within a great first-time buyer price point, or for those looking for a pied-a-terre Downtown. With HOAs of $523.67, which does include one parking space, this could be a great home or investment for the right buyer. Located in the heart of Downtown and walking distance to restaurants, shopping, 7th & Fig, the Library … (0 comments)

downtown la real estate: DTLA Series: The Eastern Columbia - 12/08/11 01:31 PM
We're at the Eastern Columbia checking out this 940 sf loft in this classic Art Deco building in DTLA. This open floor plan loft offers concrete floors and modern kitchen and bath. From the developers of the Viceroy Hotel chain, the Eastern Columbia offers amenities such as lounge, rooftop pool & spa, and 24-hour doorman/controlled access. One parking space also comes with this unit, with HOAs of $573/mo. I also wanted to mention this unit, priced at $300,000, is in a Mills Act property building, which enables owners to save up to 60% on their property taxes. A truly lovely historic … (0 comments)

downtown la real estate: DTLA Series: The Molino Lofts - 12/07/11 12:17 PM
It's the DTLA Series and we're taking a look at this unit at the Molino Lofts, with a great 2nd story space. This 1190 sf unit features a raw loft space with concrete flooring on the first floor, and wood flooring in the upstairs loft space. In the heart of the Arts District, Molino Lofts is located walking distance to Barker Block, Urth Caffe, Wurstkuche, Church & State, and much more! Building amenities include secured parking, secured/gated entry, rooftop pool/lounge, and gym. Priced at $289,900 with HOAs of $321.04, this unit in the Arts District can't be beat! GO DTLA! Caroline … (0 comments)

downtown la real estate: What's Left @ Santee Village Lofts DTLA? - 11/17/11 08:44 PM
What's Left @ Santee Village Lofts DTLA?  
  We're down to the last few units, and the developer is offering a great incentive -- $10,000 to use toward your purchase price, pre-paid HOAs, closing costs, or upgrades to the unit. Here's what's left at Eckardt and Cornell:

So RUN, don't walk to check out these units today! Because after these are gone, there's two less buildings that features units in a first-time buyer price point. And with less inventory, YUP, that's right -- we're headed toward multiple offer city. GO DTLA! Caroline Choi Real Estate Caroline Sells The … (1 comments)

downtown la real estate: DTLA Series: One Bedroom @ Library Court - 10/05/11 03:42 PM
It's the DTLA series and here's a new bank-owned listing that recently came out on the market. This unit in particular is different than many others Downtown - or in this building for that matter - because while the living space itself is an open floor plan with higher loft ceilings, the bedroom does actually separate off and is a true one bedroom! At 680 sf and priced at $224,900, it's perfectly priced in the 1st time buyer price point. HOAs are $545 for this unit and does include parking underneath the building, secured building, 24-hour concierge/security, common area maintenance, and … (1 comments)

downtown la real estate: Inventory at The Evo - 1155 S Grand Ave DTLA - 09/21/11 08:51 PM
Inventory at The Evo - 1155 S Grand Ave DTLA  
  So the sales center still has some units they're looking to sell, and there's a breadth in terms of price point. Check it out and see if one might work for you:
The Evo is a wonderful, eco-friendly building that is Silver Level LEED certified. Situated in South Park, the complex is walking distance to Staples Center, the Convention Center, LA Live, and all the bars and restaurants South Park has to offer. Go DTLA! Caroline Choi Real Estate Caroline Sells The City LA www.CarolineSellsTheCity.com
… (0 comments)

downtown la real estate: DTLA Series: Deal of the Week - Little Tokyo Lofts - $138,900 - 09/19/11 12:01 AM
It's the DTLA Series and today I'm highlighting a "deal of the week" of sorts. This unit at the Little Tokyo Lofts located at 420 S San Pedro is a bank-owned unit and just had a price reduction to $138,900. For 760 sf and HOAs of $391, which DOES include parking might I add, that is a deal. What else do the HOAs include? Water, common area maintenance, pool, spa, security, dog run, and a gated secured complex. This unit also comes with a much-sought after balcony, a rarity in the urban landscape that is DTLA. This unit is currently only … (0 comments)

downtown la real estate: DTLA Series: 108 W 2nd Higgins Bldg - 09/14/11 06:17 PM
Welcome back to the DTLA Series! We're at the Higgins Building located at 108 W 2nd St today, and I wanted to give you an idea of what the inventory looks like these days in DTLA. With all this forward progress on the football stadium, and with units in the first-time buyer price point moving rather quickly, it's a great time to buy in Downtown. Take a look at this bank-owned unit at 108 W 2nd street -- it's 1040 sf and with it's layout, could be the perfect live/work situation for a self-employed buyer. Priced at $229,900 - it's priced … (0 comments)

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

Los Angeles, CA

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John Aaroe Group - Broker Associate/EcoBroker Certified

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