Ritz Carlton Residences Downtown | LA Luxury Condos For Rent

Posted on February 15, 2015 by Downtown LA Lofts

1,140 Square Feet

1 bed

2 Total Baths

Rental Price:$5,250

MOVE-IN ready, this 1 Bedroom/2 Bath Condo offers all of the luxuries of the renowned Ritz-Carlton Hotels with the privacy and comfort that comes with a condominium. High above the hustle and bustle of downtown, this unit offers unobstructed 180-degree WEST facing views from both the living area and the bedroom. Pictures do not do this unit justice! On a clear day you can see the ocean from downtown! This unit is also offered FULLY FURNISHED at $5,750, which includes over $40,000 in custom furniture designed to maximize and enhance the living experience at The Ritz-Carlton. Esteemed Chinese-American designer Nolen Niu, contributed built-in items such as bedroom drawers, a floating media console and a sleek workstation. A custom L shaped couch that turns into a day bed and a one of a kind bed frame are all pieces that are included at the fully furnished price. Also includes valet parking and cabana access at the pool.

Rental Listing Courtesy Of: JohnHart Real Estate

1,120 Square Feet

1 bed

2 Total Baths

Rental Price:$5,550

Great Price for a Higher Unit Floor! GORGEOUS UNIT WITH BEAUTIFUL CITY, POOL & STAPLES CENTER VIEWS. FORMAL ENTRY WITH POWDER ROOM, TWO COAT CLOSETS AND INSIDE LAUNDRY. UNIT ALSO COMES WITH ADDITIONAL STORAGE ON P3 OF BUILDING. CONDO IS A LARGE ONE BEDROOM OVER 1100 SQUARE FEET WITH HIGH END ITALIAN KITCHEN CABINETRY, BATHROOM WITH DOUBLE VANITY, LUXURIOUS BATHTUB AND MUCH MORE. Photos are of a model unit with the same floor plan. Minimum one year required by the building and this unit is unfurnished. Rental Listing Courtesy Of: The Property Lab, Inc.

1,820 Square Feet

2 bed

3 Total Baths

Rental Price:$7,200

Come Live Where the Action Is! The Residences Above Ritz-Carlton at LA Live. The only 5 Star Building in DTLA that begin on floor 27 and extend up to floor 52. This is a beautiful West Facing Condo with 2 Bedrooms, a Study and views to the Ocean, Mountains & Landmarks including the Hollywood Sign! Over 1800 SF, Comes with A Storage Unit, Large Master Suite, Desirable Open Kitchen and More . Residents Experience 5 Star Living! Free Daily Breakfast in Sky Lounge, Billiard Room, Ritz Carlton Spa Access, LA Live Events & More! Photos are of a unit with the same plan. Rental Listing Courtesy Of: The Property Lab, Inc.

For a list of active Rentals at the Ritz Carlton Residences Downtown LA Luxury Condos contact me

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

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

How can you benefit from a Mills Act Loft?

Posted on February 15, 2015 by Downtown LA Lofts

Whether you have heard of the Mills Act or not, it’s active and can save you a huge amount of money on taxes.

Benefits of the Program

To help preserve LA’s historic buildings, a new tax incentive was created. Called the Mills Act, it offers homeowners in qualifying historic buildings as much as 70% or more off their property tax bills. That means if you buy a loft in a historic building, you could potentially save thousands of dollars each year. That’s money you can use to help furnish your new loft home, put more money down at purchase to reduce your monthly mortgage payments, trade up to a larger loft or even just put in your pocket.

Benefits to Owners

The Mills Act offers a substantial reduction in property taxes for owners of “qualified historical properties” provided they agree to preserve, restore, rehabilitate, and maintain the historical and architectural character of their properties.

Mills Act participants may realize substantial property tax savings each year for recently improved or purchased older properties because valuations of Mills Act properties are determined by an Income Approach to Value rather than by the standard Market approach to determining appraised value. The Income Approach, divided by a capitalization rate, determines the assessed value of the property. In general, the income potential for an owner-occupied residential property is calculated by examining comparable rents for similar properties in the area, while the income amount on a commercial property is based on actual rent received. Because rental values vary from area to area, actual property savings may vary. In addition, as County Assessors are required to assess all property annually, Mills Act properties may realize slight increases in property taxes each year.

If you would like a list of Mills Act approved Loft buildings in Downtown Los Angels, or for more information on Mills Act properties, contact me and put my team to work for you today!

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

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

Rowan Building Lofts For Sale $599,000

Posted on February 15, 2015 by Downtown LA Lofts

Rowan Building Lofts

Rowan Building Lofts For Sale $599,000

Live in the heart of DTLA surrounded by sweeping views of prominent landmarks in the Los Angeles skyline. Rarely on the market, this larger front-corner unit in the historic Rowan building has an ultra-modern vibe. Every attention to detail has been incorporated into this wonderful unit. The configuration of the floor plan naturally separates the living space from the bedroom/bath area. The kitchen boasts high-end Bosch appliances as well as glass-fronted Scavolini cabinets with Ceasarstone counter-tops. An open hallway leads to a spacious bedroom/bath area and a large closet with the Elfa closet system. In the bath, hidden behind closet doors, is a sizable laundry room with tons of storage. The many large windows, gleaming wood floors, old brick walls, high ceilings and stunning views of this extraordinary unit make it one-of-a-kind. The Rowan building, built in 1912 , was completely renovated in 2008. With its outstanding architecture, breathtaking lobby and public spaces it is the envy of many downtown residents. Amenities include a lounge, garden space, barbecues, 2 Jacuzzis, dog run, & 24-hour security. It is steps away from premiere downtown eateries and entertainment. This building has been granted the Mills Act for a substantial tax break.

Listing Courtesy Of: Coldwell Banker Coast Allianc

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

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

SB Grand Grand Lofts For Sale $375,000

Posted on February 13, 2015 by Downtown LA Lofts

SB Grand Grand Lofts

SB Grand Grand Lofts For Sale $375,000

Chic and bright 10th floor unit in the SB Grand building. True one bedroom, 800 sqft, newly refinished concrete floors, freshly painted, sliding doors leading to private outdoor patio with peekaboo views of the surrounding historic buildings, low HOA dues, leased parking available. Located in the middle of the Historic Core and along theatre row on Broadway, in the thick of the Bringing Back Broadway renaissance plan. Within blocks of restaurants, cafes and bars along Spring, Main and Broadway. Metro Redline stop on the corner.

Listing Courtesy Of: Keller Williams Larchmont

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

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

Barker Block Lofts For Sale $559,000

Posted on February 13, 2015 by Downtown LA Lofts

Barker Block Lofts

Barker Block Lofts For Sale $559,000

Located in the heart of the Art’s District, Barker Block is the standard bearer of authentic loft style living and is arguably one of Downtown’s finest live/work residences. Soaring wooden beam ceilings and expanses of windows allow light to pour in with a balcony to lounge and soak up the sun. A modern kitchen with sleek cabinets, stainless steel appliances and Cesar stone counters add functionality and depth, whilst indoor laundry adds convenience. Alcove bedroom area is a cozy sanctuary, complimenting the spa-like bath and large closets. Resort-style rooftop offers pool, spa, fitness and sexy lounging areas to soak in the crisp views fireside. Free common area Wi-Fi, 24-hour security on premises & 1 secured parking space – across from Urth Café and moments from Sci Arc, the Gold line, fine eateries and Little Tokyo.

Listing Courtesy Of: PLG Estates

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

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

Little Tokyo Lofts For Sale $589,000

Posted on February 13, 2015 by Downtown LA Lofts

Little Tokyo Lofts

Little Tokyo Lofts For Sale $589,000

This is a very large loft apartment with a very spacious floor plan located in the Little Tokyo Lofts building in Little Tokyo. Can use as 1 bedroom or 2 bedroom. This unit is on the 2nd floor in a very convenient location close to the central courtyard, the pool, and the parking garage. Stainless steel appliances and w/d included in unit.

Listing Courtesy Of: Meridian Capital Real Estate

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

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