downtown la real estate: What is 'DU'? - 05/20/13 02:56 PM
What is 'DU'?     If you're a buyer out there actively looking for properties, you may have run across a seller looking for you to provide your 'DU' with your offer.
Huh...?
No worries -- here's a primer on what a DU is, courtesy of Scott Groves at Prospect Mortgage:
DU - short for desktop underwriting - is the computer software provided to lenders from Fannie Mae and Freddie Mac. With many offers and pre-approval letters, lenders are being asked to provide "DU" findings. Running "DU" simply means that a lender has run their loan application through a computer system … (1 comments)

downtown la real estate: DTLA Events for April 2013 - 04/09/13 11:05 AM
Live, work, or play Downtown and wondering what there's to do this April as the weather warms up? Here's a great list of happenings going on this month in DTLA, including concerts, readings, theater performances, and shopping in the area:
http://www.downtownla.com/0_02_calendar.asp
So if you're looking for things to do, DTLA is the place! Go explore!
 
Caroline Choi Real Estate
Caroline Sells The City LA
www.CarolineSellsTheCity.com
(0 comments)

downtown la real estate: Beacon Lofts - 6 units left! - 01/22/13 08:37 PM
Beacon Lofts - 6 units left!     That's right, you heard it here -- there's only 6 units left at Beacon Lofts, the lovely new complex in DTLA's Arts District at the corner of 4th & Alameda.
 
Check out the inventory here:

 
If you do decide to purchase one of these units before Jan. 31st, the developer is throwing in a great incentive -- $7500 to use toward closing costs, HOA, rate buy down, or a refrigerator upgrade!
So RUN, don't walk, and get thee to Beacon post haste! I'm actually surprised the one for $409K is … (0 comments)

downtown la real estate: Free Walking & Bus Tours of DTLA! - 01/11/13 03:51 PM
Free Walking & Bus Tours of DTLA!
  For those of you who aren't quite familiar with DTLA, the vibe, and the housing options available, here are TWO great ways to explore the area! The first -- a walking tour of DTLA, and the 2nd -- a BUS tour of DTLA, YOUR CHOICE, courtesy of our friends at the Downtown Center Business Improvement District:       For over 10 years, the Downtown Center Business Improvement District has been giving Friday walking tours to business professionals of all industries and markets. We've helped to open scores of new restaurants, bars, nightclubs, … (1 comments)

downtown la real estate: Beacon Lofts: Remaining Inventory - 01/07/13 11:03 AM
Beacon Lofts: Remaining Inventory  
  For those of you still searching for your dream loft in DTLA -- here's what's left at Beacon Lofts: WARNING -- it's not much!






Don't be the one to miss out on the final 6... because there's not much other inventory out there in DTLA right now!

Go DTLA!

Caroline Choi Real Estate
Caroline Sells The City LA
www.CarolineSellsTheCity.com
(0 comments)

downtown la real estate: DTLA Series: The Beacon Lofts - 01/07/13 10:42 AM



Happy New Year, and welcome back to the DTLA Series!  Today I'm featuring the Beacon Lofts at the corner of 4th and Alameda.  These have been selling like hot cakes and there are only 6 units left!!

Here's an example of one of the units -- the model unit located on the 2nd floor.  Take a peek and if it interests you -- RUN -- remember, only 6 units left!

GO DTLA!

Caroline Choi Real Estate
Caroline Sells The City LA
www.CarolineSellsTheCity.com … (0 comments)

downtown la real estate: All Access Living Homeowner Event Announcement - LA Live - 12/19/12 06:20 PM
All Access Living Homeowner Event Announcement - LA Live   Another perk of living at the Ritz-Carlton Residences at DTLA's L.A. Live?  Special access to the events that go on at the Staples Center, of course!As a resident of The Ritz-Carlton Residences at L.A. LIVE you have the opportunity to purchase tickets into the All Access Living Suite located in B-35 at STAPLES Center. Suite B-35 can accommodate up to 18 people which allows you to purchase anywhere from 1 to 18 tickets. See the upcoming events below and contact The Ritz-Carlton Coordinators to purchase.Check out the events below:Upcoming Games LA … (0 comments)

downtown la real estate: December 2012 Events at LA Live DTLA - 12/19/12 12:11 PM
December 2012 Events at LA Live     Take in the festivities at LA Live this holiday season! Here's a great cheatsheet calendar to get an idea of what activities are going on right now:  Events Calendar at L.A. LIVE   With so many activities for you and your loved ones, it's sure to be a wonderful time -- ENJOY! Happy Holidays!     Caroline Choi Real Estate Caroline Sells The City LA www.CarolineSellsTheCity.com … (1 comments)

downtown la real estate: 2013 Recorder Holiday Calendar - 12/19/12 12:05 PM
2013 Recorder Holiday Calendar     Holidays and weekends affect what days escrows close, so here's an updated calendar to give you a better idea of 2013's county recorder schedule for Los Angeles and neighboring counties...  

 
Refer to this calendar in case you have a time-sensitive deal closing, or for a better idea of when the county recorder is closed for your other recording needs.
 
Happy Buying and Selling!
 
Caroline Choi Real Estate
Caroline Sells The City LA
www.CarolineSellsTheCity.com
(0 comments)

downtown la real estate: Beacon Lofts - Remaining Inventory 12/12/12 - 12/12/12 06:22 PM
Beacon Lofts - Remaining Inventory 12/12/12     For those of you out there still hunting for DTLA inventory -- here's the latest and greatest -- the remaining list of units available at the Beacon Lofts in DTLA's Arts District at 825 E 4th St.  

 
As you can see, there's not too much inventory left. I also did hear there are two units priced at $299K in the 650 sf range on the 1st and 2nd floors; however, they are not listed on this price sheet as those are being held for cash buyers who will not have … (0 comments)

downtown la real estate: DTLA Streetcar: Don't Forget to Vote by Nov. 28th! - 11/21/12 11:41 PM
DTLA Streetcar: Don't Forget to Vote by Nov. 28th!     An exciting new proposed project in DTLA -- the streetcar that would run on major thoroughfares in DTLA such as Broadway, Figueroa, Hill, and 7th & 11th Streets. The proposed street car would have a modern, low-emissions design, and would run 7 days a week.
Read more on the project here:
www.streetcar.la
 

 
This is a very important decision that could affect a lot of residents, visitors, and those who work in DTLA, so don't forget to vote!
 
Go #DTLA!
 
 
Caroline Choi Real Estate
Caroline … (0 comments)

downtown la real estate: Beacon Lofts DTLA Price List - 11/21/12 11:15 PM
Beacon Lofts DTLA Price List     With the extremely limited inventory in DTLA right now, it's no surprise the units at Beacon Lofts have been selling like hotcakes!
Check out what's remaining and at what price point:
 

 
This info is accurate as of the date of this publication!
Happy Buying and Selling!
 
Go #DTLA!
 
Caroline Choi Real Estate
Caroline Sells The City LA
www.CarolineSellsTheCity.com
(2 comments)

downtown la real estate: Beacon Lofts DTLA Floor Plans - 11/21/12 11:13 PM
Beacon Lofts Floor Plans     Hello DTLA real estate aficionados! Want to see what the floor plans are like at the new Beacon Lofts in DTLA's Arts District?
Ask and ye shall receive! Check it out here:
 
First Floor Plans:

 
And of course, floors 2-4:

 
Happy Buying and Selling!
Go #DTLA!
 
 
Caroline Choi Real Estate
Caroline Sells The City LA
www.CarolineSellsTheCity.com
(0 comments)

downtown la real estate: Preliminary Report Red Flag Checklist - 10/22/12 04:51 PM
Preliminary Report Red Flag Checklist     When in an escrow and upon receiving a preliminary title report, do you know what to look for? Here's a quick and easy guide for some potential red flags on the report.
 

 
Happy Buying and Selling!
 
Caroline Choi Real Estate
Caroline Sells The City LA
www.CarolineSellsTheCity.com
(1 comments)

downtown la real estate: Rumors about the 3.8% tax on Real Estate - 10/19/12 11:59 AM
Rumors about the 3.8% tax on Real Estate     Have you heard the rumors circulating on the 3.8% real estate tax? Certainly I've been seeing snippets here and there -- whether on various mass emails or Facebook posts, particularly in conjunction with political slants.
In any case, in order to help demystify what's ACTUALLY true, here's a post from the National Association of Realtors to help clarify who would actually have to pay this tax -- it's not just anyone and everyone who sells their real estate folks...
Read about it here:
http://realtormag.realtor.org/news-and-commentary/feature/article/2012/10/38-tax-whats-true-whats-not?om_rid=AAB8xJ&om_mid=_BQfcPLB8ul6gQg&om_ntype=BTNMonthly
 
Thanks, NAR, for helping clear that … (2 comments)

downtown la real estate: Why Investing in DTLA is a Good Bet - 10/15/12 11:12 AM
Why Investing in DTLA is a Good Bet     Ever look at a public transportation guide of Los Angeles? Ok, don't laugh -- we do have a public transportation system in Los Angeles, that is spreading everyday!
 
In case you haven't, here's a picture of one for your perusal:

 
Did you notice anything? Why, YES indeed, all of the lines seem to run out of Downtown like spokes out of the center of a wheel. HMMM, interesting. And yes, the news that came out the other week that indeed, the AEG football stadium is officially APPROVED -- … (0 comments)

downtown la real estate: Concerto Phases Turned Into Apex Rentals, DTLA - 08/31/12 05:48 PM
Concerto Phases Turned Into Apex Rentals, DTLA   Somewhere in DTLA, a tear drops at the news of last two phases of the Concerto -- developer Sonny Astani's residential condo complex located at 900 S Figueroa in Downtown's South Park turn into WHA, WHA -- ST Residential's APEX, DTLA's newest luxury high-rise rental. Potential buyers in DTLA still bring up the Concerto to me, and I can tell you that the people who had the foresight to buy in that building when they had their auction are doing great. Now, the remaining two phases can be leased, and you can get … (0 comments)

downtown la real estate: A Little Birdy Told Me... Possible New Development for Sale in DTLA? - 08/17/12 05:31 PM
A Little Birdy Told Me... Possible New Development for Sale in DTLA?   I should know more on Tuesday of next week but a little birdy let me know earlier this week that there may be a new development coming up in Downtown for sale, closer to the Arts District.
That's great news for the buyers who have been searching and fighting through multiple offer situations and limited inventory of the past few months.
Keep your peepers peeled here for more updates next week....
Go #DTLA! And hooray for new inventory!
 
Caroline Choi Real Estate
Caroline Sells The City LA
(0 comments)

downtown la real estate: DTLA HOA Issues Further Limit Financeable Inventory - 08/11/12 09:50 AM
DTLA HOA Issues Further Limit Financeable Inventory   If you're a buyer looking in DTLA, then I'm sure you've seen -- and fallen in love with -- a specific unit at the Higgins Building located at the corner of 2nd and Main St above the Pitfire Pizza and famed Edison Jazz Club. The 1700 sf, tri-level unit, complete with spacious rooftop patio at a sticker price of less than $400K makes this unit highly desirable.
That being said, this unit which went in multiple offers back in June, is now available again. Buyers rejoice!!
Or not. Too bad the unit is … (0 comments)

downtown la real estate: 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, Caroline Sells The City -- Los Angeles (John Aaroe Group - Broker Associate/EcoBroker Certified)

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

Mobile: (323) 572-3112

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