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THE DOWNTOWN CONDO TEAM HAS SOLD FOUR SO FAR THIS YEAR 2010
In January, we sold a penthouse unit at The Skyline, 600 W. 9th St., #1502, representing the Sellers in a short sale. The 1621 square foot condo was purchased by a happy investor for $550,000.
In March, we sold a bank-owned property at Little Tokyo Lofts, Unit 606 for $240,000.This top-floor unit has a fireplace, city view, and at 850 square feet, is one of the larger units in the complex. In this transaction, we represented the Buyers.
Another Little Tokyo Lofts bank-owned unit turned out to be the perfect match for our Buyer, a personal trainer. Since all adaptive reuse condos Downtown are zoned for live-work, he can meet with clients in the on-site gym. Add to that the convenience of 29 covered, secure guest parking spaces. Unit 218 is 990 square feet, has a huge walk-in closet, and closed escrow in early May for $168,900.
In June, we represented a couple who bought a 945 square foot loft-style condo at the Rowan Lofts at the corner of Spring and 5th St. on Gallery Row. They specifically wanted an exterior unit for the connection to street life and the city lights view. Interestingly, in June 2009, we represented a buyer who preferred a Rowan Lofts courtyard unit for the quiet! This June's clients bought for $365,000, also through the Sales Office. Only a few units remain for sale in this exceptionally beautiful and well-located Downtown condo building.
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ENTIRE 17TH & 18TH FLOOR W/ 360 DEGREE VIEWS FOR LEASE
Check out property website www.RenaissanceTowerPenthouse.com.
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The Downtown Condo Team, Wayne A. Willbur and Stephen Seiferheld May, are available to show you properties in any Downtown condo buildings on a day and at a time of your convenience. We work weekdays and weekends. If you're interested in a particular building, we'll email you a list of units currently for sale in that building. Or, if you want to buy in a particular price range, we can send you a list of properties that meet your criteria.
Call, text, or email us, and we'll get started right away.
THE DOWNTOWN CONDO TEAM
Stephen Seiferheld May, DRE #01052170
Downtown Residential Real Estate 213-804-3800
downtownlofts@gmail.com
Wayne A. Willbur, DRE #01716358
deasy/penner&willbur 213-500-0254
wwillbur@deasypenner.com
Sell that home quicker! Tips for agent & sellers to bump up that curb appeal.
In a slow market, sellers need to do everything possible to help get their home looked at. Here are some basic tips.
1. Beware of grand gestures: Exterior improvements should be in keeping with the scale and proportion of your house and fit in with the neighborhood. So as lovely as a formal colonnade might look on the front of your boxy Colonial Revival, it may seem over the top when viewed in context with the simple salt box next door.
2. Don't stand out like a sore thumb: When picking paint colors, it's best to match the intensity of your neighbors' shades. If pale blues are the norm, try a creamy yellow. Contrast that with a more saturated accent color for shutters and doors, and a lighter one for windows and trim.
3. Be a tree hugger: If an old maple is obscuring the front of your home, don't cut it down. Hire an arborist to trim it instead. Eighty-three percent of Realtors say that mature trees enhance the value of a home.
4. Plant for all seasons: Your landscape should be eye-catching year-round, even in the dead of winter. So choose a mix of plants to provide four seasons of interest-spring and summer flowers, bright fall foliage, and colorful berries or showy bark in winter.
5. You can have too much of a good thing: Over-improving your facade can mean recouping less of the cost when it comes time to sell. Gauge how much to spend on renovations by checking home values to see what gussied-up homes are going for in your community, and stay under their bar.
6. Do sweat the small stuff: New house numbers, a special light fixture, and potted plants are inexpensive and go a long way toward dressing up an entry.
7. Preservation pays: Before you apply stucco over those weathered clapboards for a clean, low-maintenance look, consider that restoring architectural details may offer more bang from your renovation dollar. In some areas, the value of homes in historic districts where preservation is required has risen up more than in non- historic areas.
