Thursday, October 16, 2008

City Place Lofts, the Final 9

City Place Lofts has been selling their lofts in Downtown Long Beach for about 2 years now. With 54 lofts available, they are now down to their final 9 units. There are some great benefits to buyers for these last 9 properties.

  • Pricing - The prices have been drastically lowered from the originaly offered prices. You can now get a townhome style loft that is over 1,700 sq ft for under $480,000! These properties were originally sold for over $600,000.
  • Flooring - The builder didn't finish flooring in some of the units so the last buyers get their choice. Since flooring needs to be in the unit to comply with most loans you can choose some flooring that meets your goals and not have to worry about upgrading later.
  • Closets - Lofts traditionally don't have much storage space allowing you to be free to create your space. At the City Place lofts there is a 1bedroom, 1 bathroom unit that is 1,092 sq ft that has custom closets put in with frosted glass that looks great and does't take up your space.
  • You Never know unless you Ask - With just 9 units left, the builder does want them off the books. Their last price reduction was over 10% so there probably isn't much room left, but ask for the upgrades you want and you just may get it.

It's sometimes tough to get an idea of what the properties look like just from pictures, so check out some of the videos we have put up to help you get a better idea of what to expect. There are a few different floor plans so we will be taking more videos for everyone to see. Check them out at our City Place Lofts Video Page or subscribe to our YouTube Channel for more Long Beach real estate videos.

If you want to see the full detail of the latest City Place Lofts use our Free Long Beach MLS (you can search by the address of 395 E. 4th St) or just fill out our Hot List and we will do it for you :) .

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