Downtown Los Angeles Real Estate Blog

Wed, Feb 20, 2008

Roosevelt Lofts vs. 1100 Wilshir...

Comparing Roosevelt Lofts to 1100 Wilshire condos. Prices and square footage being equal, I'd choose Roosevelt. But the market reality is that 1100 Wilshire is about $150,000 cheaper for a similar sized unit, now what? Which is better now? 1100 Wi...

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333 Views, 6 Comments.


Mon, Feb 18, 2008

Conforming Loan Limits Up to $72...

Thinking of buying a loft at Luma or Evo but don't think you can swing the higher interest rates payments? Well, relief is near! The economic stimulus package signed by President Bush will soon bring 5.9% interest rate loans to buyers of luxury lofts...

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162 Views, 5 Comments.


Sat, Feb 16, 2008

Borrowers' Top 5 Mistakes

The following list is my take on the Top 7 biggest mistakes borrowers make when signing on the dotted line. Sure we all want to buy a condo in Downtown, but let's do it prudently! 1. Forgetting to check if the loan has a prepayment penalty. 2. No...

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173 Views, 5 Comments.


Sat, Feb 16, 2008

Chinatown Condo Project Is Go!

LA City Council has approved of the Chinatown Condo project. This project seeks to convert the barren industrial land north of Chinatown into a mixed use green space consisting of condos, shops, and green space.  The project perfectly integrates...

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363 Views, 5 Comments.


Sat, Feb 16, 2008

Grammy Museum to Open in October

L.A. Live is set to open the next phase of its project: the four story Grammy Museum. Part of the $2.5 billion project, the museum will display art and technology involved in music production. The museum itself is expected to cost $30 million by comp...

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97 Views, 1 Comments.


Thu, Feb 14, 2008

Danish Restaurant in South Park'...

Luma welcomes the Danish restaurant Hygge! The name means "comfy" in Danish. And for those who love to indulge, there will be an exquisite Danish bakery on site to meet your buttery needs. The restaurant is 6,362 sq.ft. of eating space, inc...

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243 Views, 3 Comments.


Wed, Feb 13, 2008

More Bicycles in Downtown?

Is LA finally becoming a bicycle friendly city? That issue was raised before the city's Planning and Land Use Management committee on Tuesday - it was raised by Councilman Ed Reyes' recent motion on bicycle improvements citywide. This may be just t...

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143 Views, 4 Comments.


Sat, Feb 09, 2008

The LA River To Be a Park!

The Los Angeles River Revitalization Master Plan is turning the River into a pedestrian friendly park. Finally! One of LA's forgotten resources can once again welcome its residents and visitors to the beauty that is a the River. Currently, the four a...

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557 Views, 8 Comments.




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