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MARKET OVERVIEW CURRENTLY SELLING SOLD OUT ABOUT POLARIS PACIFIC<br />
PAGE 29<br />
DOWNTOWN<br />
SKY LOFTS<br />
801 S. GRAND AVE<br />
PROJECT INFORMATION<br />
Developer: Lee Homes / CIM Group<br />
Submarket: Financial District<br />
Number of Homes: 132<br />
HOA Fees: $515-$850<br />
Sales Start Date: Nov ’05<br />
Sales End Date: May ’08<br />
Avg. Absorption: 4.3 Units/Mo.<br />
MLS MARKET ACTIVITY (PAST 12 MONTHS)<br />
STATUS TYPE #LISTINGS SIZE SF LIST PRICE LIST PSF SOLD PRICE SOLD PSF DOM<br />
2-BED AVGS 1 1,880 $1,280,000 $681 - - 26<br />
ACTIVE<br />
3-BED AVGS 1 1,930 $1,249,000 $647 - - 27<br />
- - - - - - - -<br />
- - - - - - - -<br />
PENDING<br />
- - - - - - - -<br />
- - - - - - - -<br />
1-BED AVGS 2 985 $622,000 $632 $612,500 $622 138<br />
SOLD<br />
2-BED AVGS 7 1,371 $909,000 $662 $874,286 $637 76<br />
3-BED AVGS 2 1,845 $1,046,500 $567 $1,045,000 $567 23<br />
DOWNTOWN<br />
TOY FACTORY LOFTS<br />
1855 INDUSTRIAL ST<br />
PROJECT INFORMATION<br />
Developer: Linear City<br />
Submarket: Arts District<br />
Number of Homes: 119<br />
HOA Fees: $235-$415<br />
Sales Start Date: Jan ’04<br />
Sales End Date: Dec ’07<br />
Avg. Absorption: 2.5 Units/Mo.<br />
MLS MARKET ACTIVITY (PAST 12 MONTHS)<br />
STATUS TYPE #LISTINGS SIZE SF LIST PRICE LIST PSF SOLD PRICE SOLD PSF DOM<br />
LOFT AVGS 1 1,941 $1,250,000 $644 - - -<br />
ACTIVE<br />
- - - - - - - -<br />
- - - - - - - -<br />
LOFT AVGS 1 976 $659,000 $675 - - -<br />
PENDING<br />
- - - - - - - -<br />
- - - - - - - -<br />
LOFT AVGS 10 1,382 $796,500 $590 $817,300 $604 27<br />
SOLD<br />
- - - - - - - -<br />
- - - - - - - -<br />
LOS ANGELES MARKET REPORT, MAY 2016
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