This client’s search is a perfect example of sometimes ending up where you begin. After initially expressing interest in a unit at the Luma Lofts on South Hope Street in Downtown Los Angeles, we helped our client assess his options by viewing single family home options at comparable price points in areas adjacent to Downtown Los Angeles, including Lincoln Heights and the University Park area close to the University of Southern California. After determining that a condominium unit in Downtown was preferable, we located Unit 604 at Luma Lofts on South Hope Street. Originally priced at $709,000.00, after some negotiation our client was able to secure the property at the significantly discounted price of $670,000.00. Not only is the unit itself impeccable with views of the city and amenities including a gym and pool, but it is located in the South Park area of Downtown, which has major development projects underway and shows promise for becoming the busiest and most attractive area of Downtown. Not only that, but the property is conveniently located within a short walk of our client’s office, making it the perfectly located property for a hard-working young professional.
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