Downtown L.A.’s edgy arts district is neighborhood in transition

Downtown Los Angeles is growing

See on Scoop.it - Around Los Angeles When Gideon Kotzer set out to open a discount electronics store in the mid-1990s, he deliberately chose an old warehouse in the cultural middle of nowhere — the arts district of downtown Los Angeles, which charitably could be called sketchy.   Jane Peters www.homejane.com's insight: Downtown L.A. is growing.  It is interesting to watch See on www.latimes.com … [Read more...]

Downtown Lofts and Condos For Sale | Half Yearly Market Report 2012

Downtown lofts and condos for sale, market report

If you are looking for a Los Angeles downtown loft or condo for sale, check out the most recent market report, a half yearly report through June 2012. Sold:  227 - there was a 6.36 increase in sales in the second quarter over the first, and a 9.13% increase over the same period last year. Median Price:  $310,000 - this is a 5.57% increase, second quarter over first, and a 1.64% increase over the same period last year. Average Price per s/f:  $382.83 - this is a 9.25% increase , second … [Read more...]

Downtown Los Angeles Condo Market Half Yearly Report June 2012

Downtown L.A. condo market report, June 2012

How is the Downtown Los Angeles condo market doing this year?  Let's see, and compare it to the same period of 2011. Sold:  140 - 3 less than the same period last year. Median price:  $305,500 - a 1.83% increase over the same period last year. Low price: $107,500 High price:  $3,700,000 at 900 W. Olympic, The Ritz Carlton Active:  89 Under Contract:  162 Like almost everywhere in Los Angeles, the Downtown L.A. condo market is a sellers' market.  We need new inventory. Condos … [Read more...]

Downtown Los Angeles Condo Market Report | 1st Qtr 2012

Downtown Los Angeles Lofts, Santee Village Lofts, Living in Downtown L.A.

Let's check in on the Downtown L.A. condo market to see how First Quarter figures look. The numbers are taken from the MLS/CLAW and are deemed reliable but not guaranteed. Number Sold:  110, a decrease of 3.77% over the same period last year. Median Price:  $283,750, a 2.99% decrease over the same period last year. There are 93 active listings on the market which means, with an average of 36.67 condos sold over the first three months, the market is trending towards a sellers' … [Read more...]