Little Tokyo Lofts For Sale $399,999

Property Photo

Property Photo

Property Photo

Little Tokyo Lofts For Sale $399,999

Live in a one-of-a-kind historical building that has been transformed into a high ceiling (12 ft.) live/work loft residence. Character echoes throughout. This unit features hardwood floors that add sophistication to the industrial concrete feel. The oversized casement windows give this unit plenty of natural light. 2 assigned parking spaces (great re-sale value) in the off street gated structure, plus 25 visitor spaces. Great common grounds: open air lounge patio, heated pool and hot tub, barbecue area, gym and dog run. 24 hour gated security. Adjacent to Little Tokyo, Arts District and Gallery Row. Don’t miss this opportunity to invest in Downtown LA.

– See more at: http://downtown.lalofts.me/idx/details/listing/a002/14817069/420-S-SAN-PEDRO-ST#sthash.FnSmEase.dpuf

Listing courtesy of Alma Lam (01926963) from Keller Williams Rlty Los Feliz.

For more information, call or text 213-808-4324 or email david@lalofts.me

DowntownLARentalSpecialist

Downtown LA Loft Specialist
   Call or Text 213-808-4324
      david@LALofts.me

Buying a Home In 2015 Will Be Easier Than You Think

LALofts

Changes are underway in the mortgage market that could give buyers a better shot at qualifying for a home loan.

What are the big change in the wings?

– Fannie and Freddie plan to resume lending to buyers who can make down payments as low as 3%. Currently their minimum is 5% down.

– Gifts can cover 100% of your down payment.

– Minimum credit score standards may no longer be as high as you feared. The average FICO score for all types of closed loans during October was 726, not the widely assumed 750 to 760.

There are many people who can now afford to buy a home and qualify for a mortgage but simply don’t realize it.

Who are those people? They could be you — or a friend or relative who wants to purchase a first home but hasn’t checked out the possibilities lately.

If you are seriously considering selling or buying in 2015 and would like a private consultation, please contact me at 213-808-4324

DowntownLARentalSpecialist

Downtown LA Loft Specialist
   Call or Text 213-808-4324
      david@LALofts.me