Closeout Pricing at Market Lofts in Downtown LA Set to Attract Hundreds to November 14 Auction
October 23, 2009
Urban professionals and city inspired dreamers will soon be offered top floor views at ground floor pricing for an unprecedented ownership opportunity in Los Angeles’ prestigious South Park. Conveniently close to everything metropolitan is the chic loft community of Market Lofts, honored with the prestigious Grand Award for Best Mixed-Use Project among 14 western states and international countries. Market Lofts has also become home to more than 200 discerning buyers.
The timely opportunity to purchase a newly constructed loft in Downtown’s urban mecca is anticipated to attract hundreds of homebuyers to Los Angeles on Saturday, November 14. Set for auction by industry leader Kennedy Wilson will be 55 contemporary lofts just steps from the area’s eclectic blend of dining, entertainment and cultural centers.
Originally priced up to $885,761, each impeccably detailed loft will soon attract starting bids from as low as $140,000. Rising six stories above a convenient variety of retail, all one- to two-bedroom Market Lofts plans feature up to 1,588 sq. ft. of view-oriented living area, enhanced by towering ceilings reaching 10 feet, instant connectivity to fiber optic and broadband, wood flooring in select units and an abundance of expansive, dual-glazed windows. Luxury lofts are further enhanced with Caesarstone kitchen countertops, sleek Italian cabinetry and brand name GE® Profile stainless steel appliances.
Residents of Market Lofts will further enjoy the privacy of a “residents only” entrance and a secured and furnished lobby for guests. A landscaped swimming pool and spa deck with lush garden area, a social room complete with gourmet kitchen and big screen television, a 20-seat screening room and private fitness center offer additional options for entertaining or unwinding.
Extending the advantages of urban living at Market Lofts is a full-service Ralphs® Fresh Fare with a dry cleaners and coffee kiosk, complemented by such other retailers as Quiznos Subs®, the UPS Store®, The Coffee Bean & Tea Leaf®, Pastagina®, a Cold Stone Creamery® and more. And, just minutes from this highly successful loft community are: Staples Center, MOCA, the Walt Disney Concert Hall, L.A. Live, the Nokia Theatre, The Arts District, the cultural center at Bunker Hill and Grand Avenue, the Civic Center, the Figueroa Corridor with its museums, theaters and USC, Historic Downtown, Olvera Street and Union Station.
Beyond the ordinary shopping experience is Market Lofts’ enviable proximity to boutiques, specialty outlets and entire districts. Shopping bonanzas at wholesale prices can be enjoyed at the Fashion District, the Jewelry District, the Flower District, Chinatown and Little Tokyo.
The Market Lofts Auction Information Office, open daily from 10 a.m. to 5 p.m, is located at 645 West 9th Street in Los Angeles (Entrance on Hope Street). For details and auction information, visit MarketLoftsAuction.com or call 800-522-6664. All bids subject to Seller’s Reserve.
A “How to Buy at Auction” informational seminar hosted by Kennedy Wilson will take place on Sunday, November 8, at 3 p.m. at the Market Lofts Auction Information Office. Those attending can learn about real estate auctions in a more casual setting, while experiencing a live practice auction hosted by a Kennedy Wilson auctioneer.
Founded in 1977, Kennedy Wilson is a real estate services and investment firm headquartered in Beverly Hills, CA, with 20 offices throughout the U.S. and Japan. Since inception, the Kennedy Wilson Auction Group has conducted many successful auctions of condominiums and single-family homes throughout the United States, Europe and Asia. Visit www.BidKW.com or www.KennedyWilson.com for further information.
I’m interested.