Bloft

Loftway is proud to present a new partnership with the projet Waterfalls at Malibu. You can buy a 1,700+ sq ft loft 300 meters from the ocean in a close condominium starting at $250k. is only 15 minutes drive from San Diego in Baja. The Baja market is a great place to invest and maintenance cost are much lower there. This is brand new construction never lived in. Is an amazing deal and I got one myself.

Look for Loftway.com and Christiano Sampaio The Expert in Lofts at this months LA Magazine on the special article named Real Estate 2007.

For those who are not familiar with the Elleven building. There are four amazing corner penthouses. The best among them is this one that is current for lease for $9,900 per/month. It has unobstructed views of Downtown and in my opinion is the best unit available on the market.

Market Lofts

About two weeks ago I did a hard hat walk-through at the Market Lofts. The outside of the building is close to completion and the inside won't take too long. They are actually ahead of schedule.
Downtown residents should have a new supermarket and lofts by the end of July.
I was recommending The Market Lofts to all my clients as the safest and best investment in Downtown. They have the amenities, have the location and start in the low $500's.
I think the project is great, but in my opinion The Roosevelt Lofts is a much nicer option.
A few points that you might not know:

• The supermarket will not be a Ralphs anymore, it will be a Fresh Produce. Is a higher end version of Ralphs and there are only five in Los Angeles.
• The parking is across the street unitl they build out the adjacent lot.

1100 Wilshire is almost ready. One of the nicest buildings out there. The pool is a dream and reminds me of Miami. They are about 90% sold. They still have units starting at $527k. Buying there can be a challenge, since buyers can only come from 2:30 pm to 3:30 pm to look at units and are always rushed by the sales staff. If you want to get into this building, contact me and I will tell you all the details.

Updates on move in dates for some buildings:

• SKY Lofts - Late July/Early August
• Eastern Columbia - March
• 1100 Wilshire - Late July/Early August
• Melrose Lofts - Late July/Early August
• Elleven (Penthouses/Retail) Late July/Early August
• Broadway Hollywood - June
  

One of my clients just opened escrow to buy one of these units. They have 2000 sf Lofts on Highland and 3000 sf Lofts on Melrose. The units are very similar in both buildings. I used to drive by all the time and was surprised when I finally saw the units. They looked nicer than I expected. They are truly live/work lofts and units have a nice layout. They feature direct access parking, roof decks, hardwood floors and nice finishes. Another good idea was to leave the walls on the second level ready to be opened if the buyer would like to purchase two units and connect them. The ones on Highland are ready and the ones on Melrose should be done in August.

I went to the 1100 Wilshire open house last weekend. The building is looking really good. The lobby, glass elevator and the pool are impressive. The views are amazing and the finishes are nice. Most units can't really be called lofts, since they have walls separating the bedrooms.
I think the SKY lofts are nicer inside and better located, but the pool and views definitely attract me to the building.

I just listed the biggest loft I ever seen for lease. Is about 3,716 sf. It features hardwood floors, skylights, balcony, nice kitchen and bath. Is the largest unit in the Molino building and includes 2 parking spots. Is ideal for roommates or businesses specially art galleries. I decided to mention here, because I have never seen a loft so big. Is listed for $4,900 a month.

The SKY lofts are almost ready. The developer expects to start moving the first floor on July 2006. This picture is from the smallest unit in the building. The finishes are great and there is a huge walking closet. The views are amazing and the location is very convenient.