About Los Angeles' Downtown La

Where the best place to watch the Super Bowl : it is at Nick & Stef’s downtown Los Angeles of course!

Where is the best place to watch the Super Bowl this Sunday in Los Angeles? Many people are asking themselves this question, in light of the fact that there are many places to watch the Big Game. The answer of course is easy: it is at Nick & Stef’s, which happens to be one of the many Restaurants of the PATINA Restaurant Group. The brain child of Chef Joachim Splichal and Restaurateur Nick Valenti, Nick & Stef’s is also a 2011 Wine Spectator Restaurant award winner.

It does not matter whether you love the sport or hate it. This is an opportunity to relax, eat some great food, and watch the fantastic Super Bowl Commercials which are probably just as interesting, funny and entertaining as the Big Game itself.

If you do not feel like going over to friend’s homes or you do not want to host the Super Bowl Party at your home, then got to this great Downtown Los Angeles Restaurant. It was also voted for being the best Steakhouse in Los Angeles. (In fairness of full disclosure, I have not had a stake in two years and have not been to Nick & Stef’s in about four years)

The Party begins at 2:30pm and kick off will be at 3:30pm and the party goes until 8:30pm. This will be an “endless tailgate buffet”, that means Steak sliders of course, hot wings, chili and for the less “meat crowd” lots of pizza and much more. All this for only $39, Pitchers of beer will be $15 and if you prefer well drinks they will be $5.

Let’s not forget Flat Big Screen TV’s all over the Restaurant so you do not forget what you went there for, once you start eating all this fantastically prepared food.

http://www.patinagroup.com/restaurant.php?restaurants_id=6

http://www.patinagroup.com/superbowlparty/

Nick & Stef’s is located at 330 S Hope St, Los Angles,CA 90071 and 213.680.0330 is a good number to call and reservation is advised

If you are a consumer who is considering buying or selling a home, investment real estate, vacation homes, or beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Culver City, Marina Del Rey, Venice or Malibu. Feel Free to give me a call at 310.486.1002or emails me at homes@endrebarath.com or visit one of my websites at http://www.endrebarath.comYour Pet Friendly Realtor. I contribute a portion of my commission to Local Animal Rescue Organizations.

Let’s take a look at how Downtown Los Angeles condos fared over the past year.

For the purposes of this report I have broken the price ranges down to under $500K, $500K to $1 Million, and the over $1 Million bracket. The largest movement is in the under $under 500K category.

Market absorption indicates the amount of time it will take to sell the existing inventory on the market. Six months is a balanced market; under six months a sellers’ market; over six months a buyers’ market.

Downtown Los Angeles Condos under $500,000 are a hot commodity, and definitely a strong sellers’ market, indicated by the low inventory.

91 of the past year’s sales were studios, which are extremely popular and hard to find, especially in good condition. 34 of these were short sales or foreclosures.

Out of the remaining 275 condos sold over the past year, 71 were either a foreclosure or short sales.

The median price has declined slightly over the previous 12 months, but the sold to list price has increased.

Only two sales in this category were either a short sale or foreclosure.

The media price has increased, as has the sold price to list price.

With a little over six months’ worth of inventory, the $500K to $1M Los Angeles Downtown condos price range is fairly stable, leaning slightly towards buyers.

The over $1 Million Downtown Los Angeles condo market is basically based on two buildings, the Ritz Carlton Residences at L.A. Live, and EVO, and sales in this price range are slow, with over two years’ worth of inventory.

Search Condos for Sale in Downtown Los Angeles

Showing properties 1 - 25 of 127. See more Downtown Los Angeles Condos for Sale.
(all data current as of 2/2/2012)

1. $199,000 : 312 W 5TH ST, Los Angeles
   
   1 bed, 1.0 baths

   Home size: 990 sq ft

   Year built: 1923

   Days on market: 4
2. $428,000 : 880 W 1ST ST, Los Angeles
   
   2 beds, 2.0 baths

   Home size: 1,323 sq ft

   Year built: 1982

   Parking spots: 2

   Days on market: 4
3. $179,900 : 746 S LOS ANGELES ST, Los Angeles
   
   0 beds, 1.0 baths

   Home size: 650 sq ft

   Year built: 1922

   Days on market: 7
4. $239,000 : 108 W 2ND ST, Los Angeles
   
   0 beds, 1 full bath

   Home size: 760 sq ft

   Year built: 1910

   Days on market: 9
5. $120,000 : 2121 James M Wood Blvd 425, Los Angeles
   
   1 bed, 1 full bath

   Home size: 650 sq ft

   Year built: 1923

   Days on market: 9
6. $1,725,000 : 1100 S HOPE ST, Los Angeles
   
   1 bed, 1 full, 1 part baths

   Home size: 2,310 sq ft

   Year built: 2007

   Parking spots: 2

   Days on market: 10
7. $139,900 : 360 West Avenue 26 #302, Los Angeles
   
   0 beds, 1 full bath

   Home size: 630 sq ft

   Lot size: 1.23 ac

   Year built: 2006

   Parking spots: 1

   Days on market: 10
8. $198,900 : 1477 West 20th Street #2, Los Angeles
   
   3 beds, 3 full baths

   Home size: 1,291 sq ft

   Lot size: 11,982 sq ft

   Year built: 1987

   Parking spots: 2

   Days on market: 11
9. $599,000 : 849 S BROADWAY, Los Angeles
   
   1 bed, 2.0 baths

   Home size: 1,610 sq ft

   Year built: 1930

   Days on market: 11
10. $199,000 : 1425 W 12th St 248, Los Angeles
    
    3 beds, 2 full baths

    Home size: 1,030 sq ft

    Lot size: 3.38 ac

    Year built: 1983

    Parking spots: 4

    Days on market: 11
11. $299,000 : 100 South Alameda Street #402, Los Angeles
    
    2 beds, 2 full baths

    Home size: 1,186 sq ft

    Lot size: 3.17 ac

    Year built: 2005

    Days on market: 11
12. $1,475,000 : 1155 S GRAND AVE, Los Angeles
    
    2 beds, 2 full, 1 part baths

    Home size: 2,346 sq ft

    Year built: 2008

    Parking spots: 2

    Days on market: 11
13. $1,650,000 : 1155 S GRAND AVE, Los Angeles
    
    2 beds, 2 full, 1 part baths

    Home size: 2,384 sq ft

    Year built: 2008

    Parking spots: 2

    Days on market: 11
14. $1,525,000 : 1155 S GRAND AVE, Los Angeles
    
    2 beds, 2.5 baths

    Home size: 2,239 sq ft

    Year built: 2008

    Parking spots: 2

    Days on market: 11
15. $780,000 : 1100 WILSHIRE, Los Angeles
    
    2 beds, 2.0 baths

    Home size: 1,340 sq ft

    Year built: 1986

    Days on market: 13
16. $140,000 : 1118 Valencia St 314, Los Angeles
    
    1 bed, 1 full bath

    Home size: 926 sq ft

    Lot size: 3.38 ac

    Year built: 1983

    Parking spots: 2

    Days on market: 16
17. $649,000 : 1850 INDUSTRIAL ST, Los Angeles
    
    1 bed, 1 full bath

    Home size: 1,052 sq ft

    Year built: 2007

    Days on market: 17
18. $334,900 : 999 Figueroa Ter 203, Los Angeles
    
    3 beds, 3 full baths

    Home size: 1,356 sq ft

    Lot size: 1.16 ac

    Year built: 1990

    Parking spots: 4

    Days on market: 22
19. $154,900 : 312 W 5TH ST, Los Angeles
    
    1 bed, 1 full bath

    Home size: 500 sq ft

    Year built: 1923

    Days on market: 22
20. $330,000 : 1234 Wilshire Blvd 613, Los Angeles
    
    2 beds, 2 full baths

    Home size: 1,030 sq ft

    Lot size: 1.64 ac

    Year built: 2006

    Parking spots: 4

    Days on market: 23
21. $565,000 : 1100 S HOPE ST, Los Angeles
    
    1 bed, 1.0 baths

    Home size: 960 sq ft

    Year built: 2007

    Parking spots: 1

    Days on market: 23
22. $465,000 : 600 W 9TH ST, Los Angeles
    
    2 beds, 2 full baths

    Home size: 1,193 sq ft

    Year built: 1983

    Parking spots: 2

    Days on market: 25
23. $625,000 : 1111 S GRAND AVE, Los Angeles
    
    2 beds, 2.0 baths

    Home size: 1,520 sq ft

    Year built: 2005

    Parking spots: 2

    Days on market: 25
24. $335,000 : 460 S SPRING ST, Los Angeles
    
    1 bed, 1.0 baths

    Home size: 800 sq ft

    Year built: 1912

    Parking spots: 1

    Days on market: 27
25. $2,850,000 : 1100 S HOPE ST, Los Angeles
    
    3 beds, 3.0 baths

    Home size: 3,020 sq ft

    Year built: 2007

    Parking spots: 3

    Days on market: 27

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

Buying or Selling Los Angeles Real Estate

Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you’re new to L.A. Town. You’ll need a resident expert to show you around and help you narrow down the areas where you might like to live. I will help you find the perfect home in the right area to fit your lifestyle, budget and needs!

When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available.

If you are an absentee owner, you’ll need someone to handle all the details that you can’t handle remotely. That’s where I come in – I’m there when you can’t be. I also specialize in lease property in Los Angeles.

Westside Los Angeles Real Estate, including, but not limited to:

• Westwood Real Estate - Westwood single family homes, Westwood condominiums, Wilshire Corridor condominiums, Century City condominiums
• Brentwood Real Estate - Brentwood single family homes, Brentwood condominiums
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• Echo Park Real Estate - Echo Park homes

For more information on how I can best serve your Los Angeles real estate needs, don’t hesitate to fill out the contact form or give me a call at 310-473-6919.

Read more: http://www.homejane.com/downtown-los-angeles-condos-market-report.html#ixzz1lMgKyICY

940 E 2nd Inventory & Update

Here's a great option in the Arts District Downtown - the units at 940 E 2nd St. These units are a lovely townhouse style - modern loft style units. There are only two units left priced at $510,000, but not to worry, there are more units in subsequent phases to come. Only downside is that $510,000 are going to be the lowest priced units available as the remaining units will be priced higher than $510,000.

So you know the deal - these are going to go fast so get there before someone else does!

Go DTLA!

Caroline Choi Real Estate
Caroline Sells The City LA
www.CarolineSellsTheCity.com

655 Hope Update & Inventory

Hello DTLA Buyers! We all know that DTLA inventory is really low right now, and what happens when supply is low? Demand rises!

That's right, 655 Hope units have been flying off the shelves since New Year's and that's WITH a price INCREASE from the developer. Check out the remaining units at 655 Hope and their new pricing -- pricing is firm.

Need something else to sweeten the deal? How about the developer paying for a year's worth of HOAs if you're under contract before Jan. 31st? I'd say that's a pretty good one...

Go DTLA!

Caroline Choi Real Estate
Caroline Sells The City LA
www.CarolineSellsTheCity.com

DTLA Alternative - The Alta Lofts

I get asked which buildings in Downtown LA are FHA approved all the time. That's not surprising, considering how many first-time buyers and investors there are swarming in Downtown right now, not to mention the low inventory.

Here's an option: why not step a little outside Downtown into neighboring Lincoln Heights to the ALTA lofts? They are FHA approved, and with units starting at $199K, are definitely worth checking out.

And right now, the developer's offering a special incentive -- 2 years of pre-paid HOAs!

Caroline Choi Real Estate
Caroline Sells The City LA
www.CarolineSellsTheCity.com