Closed Transactions

Closed transactions in Downtown LA

Greenstone Properties Past Sales

Evo Condos – Unit #613 – Downtown LA condo loft, Represented the seller – 2bd, 2ba 1,820 sq. ft. $1,150,000!

Molino LoftsUnit #306 – Downtown LA condo loft, 0bd, 1ba 1,810 sq. ft. –  Represented the buyer – $925,000!

1100 Wilshire Condos – Unit #2906 – Downtown LA condo -Represented the seller – 2bd, 2ba Loft 1,340 sq. ft. $855,000

Concerto Lofts – Unit #407 – Downtown LA condo loft- Represented the buyer – 1bd, 1ba Loft $620,00!

Luma Condos – Unit #813 -Downtown LA condo loft- Represented the seller – 1bd, 1ba 710 sq. ft. loft $528,000!

Elleven Condos – Unit #507 – Downtown LA condo loft -Represented the seller – 1bd, 1ba loft 1,100 sq. ft. $615,000!

Elleven Condos – Unit #811 – Downtown LA condo loft – Represented the seller – 2bd, 2ba loft 1,520 sq. ft. $997,000!

Greenstone Properties Past Leases – Closed Transactions

“Just Leased by Realtor® Maple Navarro!” Recent Leases

  • Ten50 1050 S. Grand Ave. Unit 1506 LA, CA 90015 $2,975 a month! 705 sq. ft. 1bd, 1ba
  • Elleven Building: 1111 S. Grand Ave. Unit 508 LA, CA  90015 $2,400 a month! 1,040 sq. ft. 1bd, 1ba loft
  • Tempo:6020 Seabluff Drive Unit 436, Playa Vista, CA  90094 $3,750 a month 1,410 sq. ft. 2bd. 2.5 bath (represented the owner)
  • Market Lofts:645 W. 9th St. Unit 233 LA, CA 90015 $2,800 a month! 1,030 sq. ft.
  • 645 W. 9th St. Unit #639 LA, CA  90015  $2,295 800 sq. ft. 1bd, 1ba
  • 1111 S. Grand Ave. Unit 710 Los Angeles, CA  90015 $2,450 830 sq. ft. 1bd, 1ba
  • 645 W. 9th St. Unit #639 LA, CA  90015 $2,295 800 sq. ft. 1bd, 1ba
  • 1111 S. Grand Ave. Unit 710 Los Angeles, CA  90015 $2,450 830 sq. ft. 1bd, 1ba
  • 1111 S. Grand Ave. Unit 610 LA, CA  90015 $2,400 a month 1bd, 1ba $2,400 a month
  • 527 Molino Unit 311 Los Angeles, CA  90013 $3,000 a month 1bd, 1ba 1,090 sq. ft.
  • Vero: 1234 Wilshire Blvd. Unit #535 LA,  CA  90017 1bd, 2ba $2,500 a month
  • 630 6th St. Unit 411 LA, CA  90017 700 sq. ft. $2,000 a month 700 sq. ft.
  • 121 S. Hope St. Unit #331 Los Angeles, CA  90012 $2,000 850 sq. ft. 1bd, 1ba
  • 600 W. 9th St. #608 Los Angeles, CA  90015 $2,380 754 sq. ft. 1bd, 1ba
  • 901 S. Flower St. Unit #714 Los Angeles, CA  90015 910 sq. ft  $2,550 a month! 1bd, 1ba loft (represented the owner)
  • 600 W. 9th St. Unit  #906 LA, CA  90015 $3,200 a month 1,193 sq. ft. 2bd, 2ba
  • 1111 S. Grand Ave. Unit #507 LA, CA  90015 1,100 sq. ft. $2,500 a month 1bd, 1ba loft
  • Elleven: 1111 S. Grand Ave. Unit #607 LA 90015 $2,500 1,100 sq. ft. $2,500 a month!
    1bd 1ba
  • Barker Block Unit#411 $3,900 a month! 1bd, 1ba
  • Market Lofts Unit #622 $2,250 a month! 1bd, 1ba
  • The Promenade $1,950 a month! 1bd, 1ba
  • 8th and Grand Unit #6153, $4,465 a month!  2 bedroom, Eisen 3.
  • Market Lofts 645 W. 9th St. Unit 524 LA, CA 90015 $2,000 a month! 650 sq. ft.
  • Elleven Lofts 1111 S. Grand Ave. Unit 602 LA, CA  90015 $2,500 a month! 1bd, 1ba 1,100 sq. ft.
  • Market Lofts 645 W. 9th St. Unit 741 LA, CA  90015 $2,250 a month! 1bd, 1 ba 790 sq. ft.
  • 279 E. Glenarm St. Unit #9, Pasadena, CA  91106 $1,700 a month!
  • Market Lofts: 645 W. 9th St. Unit #339 LA, CA  90015 $2,400 a month! 1bd, 1ba 800 sq. ft.
  • 655 Hope:  655 Hope St. Unit 1006 LA, CA  90015 $1,950 a month! 1bd, 1ba 600 sq. ft.
  • Savoy: 100 S. Alameda St. Unit #272 LA, CA  90012 $1,650 a month! 1bd, 1ba
  • Barker Block: 527 Molino St. Unit #310 LA, CA  90013 $2,900 a month! 1bd, 1ba 1,060 sq. ft.
  • Evo Unit #510, 1,090 sq. ft. 1bd, 1ba $3,000 a month!
  • Savoy Unit #431 980 sq. ft. 1bd, 1ba $2,400 a month!
  • Eastern Columbia Unit #206 1,120 sq. ft. 0bd, 1ba. $2,700 a month!
  • Skyline Unit #815 1,193 sq. ft. 2bd, 2ba $2,700 a month!
  • Art House Apartment Lofts Unit #345, $2,600 a month!
  • Art House Apartment Lofts Unit#342 $2,550 a month!
  • 8th and Grand Unit #2026 1bd, 1ba $2,870 a month!
  • 8th and Grand Unit #2169 1bd, 1ba $2,210 a month!
  • Evo Condos – Unit #709, Downtown LA condo loft, 1bd, 1ba 920 sq. ft. $2,560 a month!
  • Tempo, Playa Vista Condo – Unit#436, 1,410 sq. ft. 2 bd, 3 ba $3,800 a month!
  • Savoy Condos – Downtown LA condo, Unit #313! 735 sq. ft. $1,950 a month!
  • Apex Apartments – Downtown LA apartment, Unit #2801!
  • Roosevelt Lofts – Downtown LA apartment, Unit #720, 1bd, 1ba 728 sq. ft. loft $2,595 a month!
  • Hanover South Park Apartments – Downtown LA apartment, 1bd, 1ba apartment! Unit #238 $2,295 a month!
  • Hanover South Park Apartments– 1bd, 1ba 730 sq. ft. apartment! Unit #606  $2,575 a month!
  • Hanover South Park Apartments – Unit #236 1bd, 1ba apartment $2,670 a month!
  • Hanover South Park Apartments – 2bd, 2ba apartment! $3,610 a month!
  • Market Lofts – Downtown LA condo loft, Unit #602  720 sq. ft. $2,100 a month!
  • Eastern Columbia – Downtown LA condo loft, Unit #410  1bd, 1ba 1,200 sq. ft. $3,000 a month!
  • Eastern Columbia – Downtown LA condo loft, Unit #910 $3,000! 1bd, 1ba 1,200 sq. ft. $3,000 a month!
  • 1100 Wilshire #2510 $2,600 a month! 1bd, 1ba 680 sq. ft. loft!
  • LUMA Condos #1507! 1100 S. Hope St. Unit #1507 LA, CA 90015 $2,600 a month! 1bd, 1ba 860 sq. ft. loft!
  • Hanover Apartments Unit #743, DTLA condo, DTLA loft. It is a 1bd, 1ba unit with a monthly rent of $2,645 a month!
  • Higgins Condo Lofts Unit #1004 $2,700 a month!
  • 8th and Hope Apartments! Penthouse 12! $3,440 a month!
  • Concerto Lofts #402! $2,300 a month! 1bd, 1ba 800 sq. ft.
  • 8th and Hope Unit #2109. 2bd, 2ba loft $4,050 a month!
  • 8th and Hope Apartments Unit #1805! $5,050 a month
  • Evo Condo Lofts Unit #913 – 1bd, 1ba – 750 sq. ft. unit $1,950 a month!
  • Elleven Condo Lofts #907, 1,100 sq. ft. $2,550 a month!
  • Barker Block Condo Lofts Unit #404
  • Barker Block Condo Lofts Unit #220
  • Elleven Condo Lofts  Unit#1016
  • Elleven Condo Lofts Unit #801
  • Barker Block Condo Lofts #452
  • Mura Condo Lofts 629 Traction Ave. Unit #633,  1bd, 1ba LA  CA  90013 $2,150 a month!
  • Mura Condo Lofts 629 Traction Ave. Unit #412 2bd, 2ba LA  CA  90013$2,800 a month!
  • Eastern Columbia Unit #510 $2,800 a month!
  • Rowan Condo Lofts 460 S. Spring St. Unit #601 $2,000 a month!
  • LUMA Condos Unit #514 1100 S. Hope St. Unit #504 LA, CA  90015 $2,500 a month
  • LUMA Condos Unit #611 1100 S. Hope St. Unit #611 LA, CA  90015 $2,300 a month!
  • 1100 Wilshire Unit #2004 1100 Wilshire Blvd. Unit #2004 LA, CA  90017
  • LUMA Condos Unit #411 1100 S. Hope St. Unit #411 LA, CA  90015 $2,500 a month!
  • 1100 Wilshire 1100 Wilshire Blvd. Unit #2510 LA, CA  90017  $2,600 a month!
  • Market Lofts Unit #725 $2,100 a month!
  • Market Lofts Unit #337
  • Market Lofts Unit #622
  • Market Lofts Unit #221
  • Grand Lofts Unit# 607

 

 

 

 

MORTGAGE RATE UPDATE 01/14/2016

Mortgage rates retreated for the second week in a row, according to the latest data released Thursday by Freddie Mac.

Concern over the global economy is fueling volatility in the financial markets and pushing down rates on home loans. The 10-year Treasury yield closed at a two-month low on Wednesday. The movement of the 10-year Treasury bond is one of the best indicators whether mortgage rates will rise or fall. When yields go down, interest rates tend to go down.

2300Armschart0116_image

The 30-year fixed-rate average dropped to 3.92 percent with an average 0.6 point, its lowest level since early November. (Points are fees paid to a lender equal to 1 percent of the loan amount.) It was 3.97 percent a week ago and 3.66 percent a year ago.

MORTGAGE RATE UPDATE 01/14/2016

Mortgage rates retreated for the second week in a row, according to the latest data released Thursday by Freddie Mac.

Concern over the global economy is fueling volatility in the financial markets and pushing down rates on home loans. The 10-year Treasury yield closed at a two-month low on Wednesday. The movement of the 10-year Treasury bond is one of the best indicators whether mortgage rates will rise or fall. When yields go down, interest rates tend to go down.

2300Armschart0116_image

The 30-year fixed-rate average dropped to 3.92 percent with an average 0.6 point, its lowest level since early November. (Points are fees paid to a lender equal to 1 percent of the loan amount.) It was 3.97 percent a week ago and 3.66 percent a year ago.

2016 CHANGEs TO THE FOREIGN INVESTMENT ACT IN REAL PROPERTY

CHANGE TO THE FOREIGN INVESTMENT IN REAL PROPERTY ACT BY JULIANA TU OF VIVA ESCROW

Here are some major changes that will affect the withholding tax of foreign investors especially condos and lofts owned by foreign sellers. Like always, we get very nervous when Congress and the government start tinkering and enacting new tax changes and we the taxpayor, consumer, or business entities get caught scrambling to adjust. This is just so in the case of the legislation that changes the FIRPTA – Foreign Investment in Real Property Act. In December the 2015 Tax Act had an inclusion that changed the withholding requirements for foreigners who invest in the U.S. Effective February 17, 2016 the FIRPTA will have the following substantial changes:
1.If you are a foreigner and the property that you sell is over $1,000,000, then your withholding amount will be 15% of the sales price.
2.If you are a foreigner and the property that you sell is less than $1,000,000 AND the Buyer intends to use this as a residence for more than 50% of the time, then the withholding can be reduced to 10%.
3.If you are a foreigner and the property you sell is $300,000 or less AND your Buyer intends to use this as a residence for more than 50% of the time, then the withholding can be fully exempt, as long as the Buyer signs the Buyer’s certification. This DID NOT change from the previous regulations.

There may be only two major changes, but these are HUGE changes for all escrow practitioners in certain areas of California where foreign investments tend to congregate. Try explaining to the foreign investor selling a million dollar home that (1) you need an IRS issued Federal Tax Identification Number when you sell, and (2) oh, by the way, we need to hold $150,000 from your proceeds. Oh man……

2016 CHANGE TO THE FOREIGN INVESMENT THAT WILL AFFECT CONDO SELLERS IN DOWNTOWN LOS ANGELES

CHANGE TO THE FOREIGN INVESTMENT ACT by Juliana Tu of Viva Escrow!

Here are the major changes in the Foreign Investment Act in 2016 that will affect foreign based sellers of condos and lofts in Downtown Los Angeles. Like always, we get very nervous when Congress and the government start tinkering and enacting new tax changes and we the taxpayor, consumer, or business entities get caught scrambling to adjust. This is just so in the case of the legislation that changes the FIRPTA – Foreign Investment in Real Property Act. In December the 2015 Tax Act had an inclusion that changed the withholding requirements for foreigners who invest in the U.S. Effective February 17, 2016 the FIRPTA will have the following substantial changes:
1.If you are a foreigner and the property that you sell is over $1,000,000, then your withholding amount will be 15% of the sales price.
2.If you are a foreigner and the property that you sell is less than $1,000,000 AND the Buyer intends to use this as a residence for more than 50% of the time, then the withholding can be reduced to 10%.
3.If you are a foreigner and the property you sell is $300,000 or less AND your Buyer intends to use this as a residence for more than 50% of the time, then the withholding can be fully exempt, as long as the Buyer signs the Buyer’s certification. This DID NOT change from the previous regulations.

There may be only two major changes, but these are HUGE changes for all escrow practitioners in certain areas of California where foreign investments tend to congregate. Try explaining to the foreign investor selling a million dollar home that (1) you need an IRS issued Federal Tax Identification Number when you sell, and (2) oh, by the way, we need to hold $150,000 from your proceeds. Oh man……

Just Leased by Realtor® Maple Navarro! Savoy Unit# 313!

Savoy 313 just leased pic

Just Leased by Realtor® Maple Navarro! Savoy Unit #313! $1,950 a month! 735 sq. ft. 100 S. Alameda St. Unit #313 Los Angeles, CA 90012.

Realtor® Maple Navarro represented the tenant!
– Negotiating prices
– Facilitating the lease process
– Informing clients of move in procedures of the building
– Showing clients lofts and apartments to their specifications
– Accompanying clients during move in inspections
– Scheduling showing appointments
– Putting together complete and thorough lease applications

In the heart of Little Tokyo and the Downtown Art’s District, Savoy offers downtown living with the amenities of a resort. It spans an entire city block with dramatic courtyards featuring a pool, spa, fountains and lush landscaping. Constructed by Intracorp in 2005, the condos are sleek and stylish with granite kitchen countertops, designer cabinetry and Milgard ® dual pane windows.

Savoy also offers great recreational amenities, which include the Sports Cafe, a state of the art community room equipped with a pool table, three plasma televisions and a catering kitchen. This recreation room is open for regular use and can also be reserved for private events. The landscaped courtyard feature water elements and bamboo forests and has gathering/seating spaces for residents to enjoy the courtyard. Open 24 hours a day, the exercise room has cardio and circuit training machines, free weights and an aerobics/yoga room. The screening room has comfortable leather theater seats to make your movie nights enjoyable. This movie room also has an adjacent kitchen equipped with a microwave, icemaker and refrigerator. Savoy also offers a resort style pool and spa, a rooftop deck featuring a lounge area, wet bar and beautiful views of the downtown L.A. skyline.

Savoy provides relaxation and resort style amenities in an exciting neighborhood.

Building Features

• 4 Stories with 303 Units from 504-1226 sq. ft.

• Fitness Center

• Sports Cafe with Pool Table, Plasma TV’s and Catering kitchen

• Secured Building Access

• Large landscaped Deck with Barbeque Area

• Resort Style Pool and Spa

• Skyline Rooftop Deck with Dramatic Views

• 9-17.5 ft. Ceilings

• Fireplace Lounge

• Screening Room with Surround Sound System

• Executive Conference Room

• Library

• Business Center

• Interior Courtyards with Bamboo Forests

• Courtesy Personnel

• Private Offices

Unit Features

• Granite Kitchen Countertops

• Designer Cabinetry

• Residential Storage Units Available

• Pre-wired Digital Cable/TV/ Surround Sound

• High Speed Internet

• Central AC/Heat

• Center Island Bars (most kitchens)

• Milgard Dual Pane Windows ®

#justleased #justleasedbymaplenavarro #leasing #leasingsavoy #leasingstla #rent #rentals #rentalproperty #rentals #dtla #ilovedtla