Los Angeles Downtown Lofts and Condos | Half Yearly Market Report 2012

By
Real Estate Agent with Power Brokers Int'l BRE# 01439865

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 quarter over first, and a 15.95% increase over the same period last year.

Under Contract:  139

Active Listings:  86

If you are looking for Downtown condos the market is pretty rising.  You need to get in now.  And if you are thinking of selling a Downtown condo, now is the time.  Buyers are looking, mortgage interest is low, and if priced right, you will sell quickly.

Downtown condos for sale

Showing properties 1 - 25 of 86. See more Downtown Los Angeles Condos for Sale
(all data current as of 8/17/2012)

  1. Photo of 500 MOLINO ST, Unit 204, Los Angeles, CA 90013 (MLS # 12619431)
    1 bed, 1.0 baths
    Home size: 1,380 sq ft
    Year built: 1923
    Parking spots: 1
    Days on market: 1
     
  2. Photo of 1111 South Grand Avenue #1110, Los Angeles, CA 90015 (MLS # C12102891)
    2 beds, 2 full baths
    Home size: 1,990 sq ft
    Lot size: 38,727 sqft
    Year built: 2005
    Parking spots: 2
    Days on market: 1
     
  3. Photo of 1155 S GRAND AVE, Unit 309, Los Angeles, CA 90015 (MLS # 12618719)
    1 bed, 1.0 baths
    Home size: 1,070 sq ft
    Year built: 2008
    Days on market: 4
     
  4. Photo of 645 W 9TH ST, Unit 514, Los Angeles, CA 90015 (MLS # 12618573)
    2 beds, 2.0 baths
    Home size: 1,020 sq ft
    Year built: 2006
    Parking spots: 1
    Days on market: 4
     
  5. Photo of 600 West 9 Street #1211, Los Angeles, CA 90015 (MLS # S12100857)
    2 beds, 2 full baths
    Home size: 1,193 sq ft
    Year built: 1983
    Parking spots: 2
    Days on market: 5
     
  6. Photo of 801 S Grand Ave 1508, Los Angeles, CA 90017 (MLS # P831275)
    2 beds, 2 full baths
    Home size: 1,220 sq ft
    Lot size: 1.35 ac
    Year built: 1985
    Parking spots: 4
    Days on market: 9
     
  7. Photo of 100 S ALAMEDA ST, Unit 432, Los Angeles, CA 90012 (MLS # 12617631)
    2 beds, 2.0 baths
    Home size: 996 sq ft
    Year built: 2005
    Days on market: 11
     
  8. Photo of 645 W 9TH ST, Unit 705, Los Angeles, CA 90015 (MLS # 12617585)
    0 beds, 1.0 baths
    Home size: 660 sq ft
    Year built: 2006
    Days on market: 11
     
  9. Photo of 1855 Industrial Street #705, Los Angeles, CA 90021 (MLS # F12098684)
    2 beds, 1 full bath
    Home size: 1,598 sq ft
    Lot size: 42,675 sqft
    Year built: 1923
    Parking spots: 1
    Days on market: 11
     
  10. Photo of 655 South Hope Street #1607, Los Angeles, CA 90012 (MLS # W12097388)
    2 beds, 2 full baths
    Home size: 1,012 sq ft
    Year built: 2009
    Parking spots: 2
    Days on market: 15
     
  11. Photo of 655 South Hope Street #1703, Los Angeles, CA 90012 (MLS # W12096989)
    1 bed, 1 full bath
    Home size: 600 sq ft
    Year built: 2009
    Parking spots: 2
    Days on market: 15
     
  12. Photo of 655 South Hope Street #702, Los Angeles, CA 90012 (MLS # W12096985)
    2 beds, 2 full baths
    Home size: 1,001 sq ft
    Year built: 2009
    Parking spots: 2
    Days on market: 15
     
  13. Photo of 108 W 2ND ST, Unit 1003, Los Angeles, CA 90012 (MLS # 12616683)
    0 beds, 1.0 baths
    Home size: 1,020 sq ft
    Year built: 1910
    Days on market: 15
     
  14. Photo of 1100 S HOPE ST, Unit 809, Los Angeles, CA 90015 (MLS # 12616103)
    1 bed, 1.0 baths
    Home size: 1,060 sq ft
    Year built: 2007
    Parking spots: 2
    Days on market: 17
     
  15. Photo of 1100 S HOPE ST, Unit 1108, Los Angeles, CA 90015 (MLS # 12615487)
    1 bed, 1.0 baths
    Home size: 992 sq ft
    Year built: 2007
    Parking spots: 1
    Days on market: 21
     
  16. Photo of 746 S LOS ANGELES ST, Unit 101, Los Angeles, CA 90014 (MLS # 12615371)
    0 beds, 1.0 baths
    Home size: 629 sq ft
    Year built: 1922
    Parking spots: 1
    Days on market: 22
     
  17. Photo of 2121 James M Wood Blvd 123, Los Angeles, CA 90006 (MLS # Y1203985)
    0 beds, 1 full bath
    Home size: 420 sq ft
    Lot size: 21,307 sqft
    Year built: 1923
    Days on market: 22
     
  18. Photo of 400 S LA FAYETTE PARK PL, Unit 117, Los Angeles, CA 90057 (MLS # 12614865)
    0 beds, 1.0 baths
    Home size: 570 sq ft
    Year built: 1970
    Parking spots: 1
    Days on market: 23
     
  19. Photo of 1111 S GRAND AVE, Unit PH5, Los Angeles, CA 90015 (MLS # 12614543)
    2 beds, 3.0 baths
    Home size: 3,150 sq ft
    Year built: 2005
    Parking spots: 2
    Days on market: 25
     
  20. Photo of 1100 WILSHIRE, Unit 3402, Los Angeles, CA 90017 (MLS # 12614291)
    2 beds, 2 full baths
    Home size: 1,768 sq ft
    Year built: 1986
    Parking spots: 2
    Days on market: 25
     
  21. Photo of 801 S GRAND AVE, Unit 1712, Los Angeles, CA 90017 (MLS # 12613703)
    2 beds, 2.0 baths
    Home size: 1,200 sq ft
    Year built: 2006
    Days on market: 29
     
  22. Photo of 460 S SPRING ST, Unit 103, Los Angeles, CA 90013 (MLS # 12613605)
    1 bed, 2 full baths
    Home size: 1,407 sq ft
    Year built: 1912
    Parking spots: 4
    Days on market: 30
     
  23. Photo of 645 W 9TH ST, Unit 235, Los Angeles, CA 90015 (MLS # 12613599)
    0 beds, 2.0 baths
    Home size: 1,190 sq ft
    Year built: 2006
    Parking spots: 2
    Days on market: 31
     
  24. Photo of 900 W Olympic BLVD, Unit PH-51F, Los Angeles, CA 90015 (MLS # 12613305)
    3 beds, 3 full, 1 part baths
    Home size: 5,862 sq ft
    Year built: 2010
    Days on market: 31
     
  25. Photo of 900 W Olympic BLVD, Unit PH-50E, Los Angeles, CA 90015 (MLS # 12613301)
    3 beds, 3 full baths
    Home size: 2,347 sq ft
    Year built: 2010
    Parking spots: 2
    Days on market: 31
     

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 

 

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Read more: http://www.homejane.com/downtown-lofts-and-condos-for-sale-half-yearly-market-report-2012.html#ixzz23p9GKLNb

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Rainmaker
359,747
Scott Hayes
(512) 786-8300 - Austin, TX
Realty Austin, Broker Associate

Well done marketing report as always Jane. Definetly a way to see what ones money can get them in Los Angeles

Aug 17, 2012 10:23 AM #1
Rainmaker
920,986
Jane Peters
Power Brokers Int'l - Los Angeles, CA
Connecting you to the L.A. real estate scene

Scott,  thank you.

Aug 17, 2012 10:39 AM #2
Rainmaker
1,002,077
Ronald DiLalla
Century 21 Discovery DRE 01813824 - Anaheim, CA
No. Orange Cty Real Estate

Hi Jane,  always enjoy viewing iinformation on other locations...Thanks for sharing with us in ActiveRainLand.

Aug 17, 2012 10:41 AM #3
Rainmaker
920,986
Jane Peters
Power Brokers Int'l - Los Angeles, CA
Connecting you to the L.A. real estate scene

Ron,  you are most welcome.  Thanks for dropping by.

Aug 17, 2012 10:45 AM #4
Rainmaker
693,799
Laura Allen, Lake Tahoe - Truckee Real Estate for Sale www.TahoeLauraLuxuryHomes.com
Coldwell Banker, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Jane - You really know the Los Angeles downtown loft and condo market.  Your knowledge and experience can really help a buyer or seller get the best deal.  Nicely done!

Aug 17, 2012 11:49 AM #5
Rainmaker
920,986
Jane Peters
Power Brokers Int'l - Los Angeles, CA
Connecting you to the L.A. real estate scene

Laura,  thank you.

Aug 17, 2012 12:03 PM #6
Ambassador
830,923
Hannah Williams
Re/Max Eastern inc. - Philadelphia, PA
Expertise in NE Philadelphia & Bucks County

Looks like things are really moving in LA  love to see what the market is doing in your area ! I just love LA

Aug 17, 2012 05:00 PM #7
Rainmaker
1,274,514
Michelle Gibson
Hansen Real Estate Group Inc. - Wellington, FL
REALTOR

Jane - I'm surprised the median price decrease since last year, but the price square foot increased.

Aug 17, 2012 06:48 PM #8
Rainmaker
231,945
Sara Woolford & Steve Golson, ALHS
iTexas Realty Co. - San Antonio, TX

Hi Jane-

I can't believe that the inventory is so low! Although it's not a traditional time for new listings, it does seem a great opportunity for Sellers to make the most of the shortage and get sold quickly.

--Sara in San Antonio

Aug 17, 2012 08:46 PM #9
Rainmaker
920,986
Jane Peters
Power Brokers Int'l - Los Angeles, CA
Connecting you to the L.A. real estate scene

Hannah, low inventory :(

Michelle,  the price ranges are so vast.  One high priced unit can skew the figures.

Sara,  it is that way i many parts of the country.

Aug 17, 2012 09:30 PM #10
Rainmaker
1,336,067
Carla Muss-Jacobs, Principal Broker/Owner
BuyersAgentPortland.com | (503) 810-7192 Portland Metro Exclusive Buyers Agent | 100% Buyer Representation ~ 100% o... - Portland, OR
Buyer Focused ~ Buyer Results

Increase is something that does go hand in hand with low inventory.  Your downtown Los Angeles condo loft market looks similiar to ours pricing for the sq. ft. etc.

Aug 18, 2012 02:33 PM #11
Rainmaker
920,986
Jane Peters
Power Brokers Int'l - Los Angeles, CA
Connecting you to the L.A. real estate scene

Carla,  now that is interesting, I would have thought ours would be more.

Aug 18, 2012 02:36 PM #12
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Rainmaker
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Jane Peters

Connecting you to the L.A. real estate scene
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