DTLA Rent Crash

REAL ESTATE NEWS | Blog Video

LOS ANGELES, CA — Here’s how much lofts for lease monthly rent prices have dropped in the last six months, compared to the same period last year. Median leased price fell down a whopping $252.00, while taking an extra 19 days for owners to find a tenant. Statistics are based on real estate agent MLS Multiple Listing Service transactions in Downtown and nearby loft neighborhood areas 23, 42 and 1375.

2020: med dom 31, med price $2,802 | 2021: med dom 50; med price $2,550

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Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, BRE 01889449. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.