Los Angeles Downtown

Many Westside Angelenos rarely venture to Downtown Los Angeles. When we do it is usually to visit a business or spend time in the 100 blocks of the L.A. Fashion District.

There is another side to Downtown Los Angeles, and that is the residential loft community that is sprouting up in buildings that were once offices, factories, etc. And, by Los Angeles standards the prices are quite reasonable at a median of around $350,000. These lofts are a great alternative for USC students, instead of renting.

There is a new Downtown Los Angeles lofts development at Santee Village, a hip community in the heart of the shopping district with rooftop pool, gym underground parking and more.

Santee Village Lofts

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Buying or Selling Los Angeles Real Estate

Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you're new to L.A. Town. You'll need a resident expert to show you around and help you narrow down the areas where you might like to live. I will help you find the perfect home in the right area to fit your lifestyle, budget and needs! When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available. If you are an absentee owner, you'll need someone to handle all the details that you can't handle remotely. That's where I come in - I'm there when you can't be. I also specialize in lease property in Los Angeles. Westside Los Angeles Real Estate, including, but not limited to: For more information on how I can best serve your Los Angeles real estate needs, please fill out the online contact form or give me a call at 310-473-6919.

Jane Peters, connecting you to the L.A. real estate scene

Buying or selling real estate in Los Angeles can be an overwhelming process.  Contact Jane Peters, Los Angeles realtor specializing in absentee owners, out of town buyers, and those who need that extra attention, in order to make the transaction a smooth, trouble-free, and fun experience.

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17 Comments on Downtown Los Angeles is Not Just for Working and Shopping, it is For Living

MAY
31
2011
533,126 Points 45 Featured Posts Localism Sponsor Outside Blog Hit Router Attended Rain Camp Called Shot Master

I thought LA was just for shopping...isn't LA one big Rodeo Drive....just like NYC is one big Manhattan....LOL
2:49pm • #1
771,656 Points 70 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Gerry,  I do believe people live in Manhattan, don't they?
3:14pm • #2
217,235 Points 17 Featured Posts Outside Blog Called Shot Master

So true about 'westsiders', Jane.  I was amazed a couple of years back when I went to go see La Boheme at LA Opera and decided to tool around the downtown area during my partner's rehearsal breaks.  Lot's of new development, especially for loft living, etc.  Bringing homeownership downtown is a very good thing.
6:51pm • #3
395,983 Points 22 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

$350,000 for LA Jane is very reasonable especially in a decent location.. Great local post to your area. Those lofts sound like a great option for those that work and go to school in that area.
6:52pm • #4
771,656 Points 70 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

David,  next time you go to the L.A. Opera I expect an invite :)

Stacey,  And that is the median price.  You can find some quite nice properties under $300K.

 

 
7:07pm • #5
511,019 Points 1 Featured Post Attended Rain Camp Called Shot Master

Great use of the old industrial buildings and affordable downtown living. I really hope we get to visit CA next time we're out in AZ.
9:20pm • #6
507,187 Points 153 Featured Posts Outside Blog Hit Router Called Shot Master

We're seeing some of this in Chicago  ... and what interesting architecture and living it offers.  Creative use of buildings and portions of buildings close to employment and business centers.  Makes perfect sense to me .. and also seems like it would rejuvenate downtown areas.  A win-win ...

Gene
10:38pm • #7
596,296 Points 70 Featured Posts Outside Blog Called Shot Master

Jane - I have a couple of borrowers who are looking to purchase downtown because that's where they work and they're tired of commuting from the valley.  The challenge is finding a loft not either in a mixed use bldg (hard to finance) or a loft that's not be illegally altered (unpermitted work).  They're frustrated but they continue to look.
11:24pm • #8
JUN
01
2011
363,455 Points 19 Featured Posts Localism Sponsor Attended Rain Camp Called Shot Master

Jane, Until I became a regular reader of your blog, I had no idea that LA had such a large number of downtown condo properties. i just assumed the areas of the NE and Chicago were the typical condo downtown markets. You do a great good of educating on your blog.
12:04am • #9
771,656 Points 70 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Carol, you must come over for sure.

Gene,  I think it is a great idea.  And without all these lofts being developed I think Downtown L.A. would have withered away.  Instead it is going in the opposite direction.

Donne,  it is a little tough Downtown.  Way too many short sales and REOs, or buildings with lawsuits filed on them.  There isn't that much choice.  But I think as things turn around they are going to make good investments.
12:41am • #10
771,656 Points 70 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Wayne,  this is a fairly recent phenomenon in L.A., but very fast growing.  And thank you for your kind words.
12:42am • #11
JUN
04
2011
1,013,443 Points 43 Featured Posts Localism Sponsor Outside Blog Called Shot Master

Jane - I was downtown to take my broker's exam a couple months ago and was surprised at the number of loft conversions available.  My son has friends living downtown and they love it.  With $4.00+ gas this will become a more popular option.
8:03pm • #12
JUN
06
2011
771,656 Points 70 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Norma,  they really sprouted up didn't they. 
9:13pm • #13
JUN
08
2011
871,373 Points 8 Featured Posts Outside Blog Called Shot Master

Jane, this is a wonderful "eye-opening" post for people! Loft conversions are a great concept, I know of several in San Jose, CA. :)

Leilani
8:59pm • #14
771,656 Points 70 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Leilani,  they are quite different, especially for L.A.  Shades of New York
9:08pm • #15
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2:48am • #17


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Jane Peters - Los Angeles Real Estate DRE# 01439865 (Power Brokers Int'l) Rainmaker_large

Jane Peters - Los Angeles Real Estate DRE# 01439865

Los Angeles, CA

More about me…

Power Brokers Int'l

Address: Beverly Hills, CA, 90210

Office Phone: (310) 473-6919

Cell Phone: (310) 473-6919

Email Me

A Los Angeles Realtor® specializing in absentee owners, out-of-town buyers and those needing extra assistance with one of the most important transactions of their lives. Just sit back and relax! You are in capable hands.

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