Location, Location, Location

Location, Location, Location

Written by: Samantha Guarderas

     Aggression seems to be key for the Chinese who are dominating the American real estate market these days. In May, a Chinese couple purchased a mansion on Sunset Boulevard, in what was a much talked about sale. Now, Asian buyers are hoping to continue investing in American real estate to reap the benefits.

Asian buyers have already bought half of the new Ritz-Carlton Residences, which is located in South Park.This could be partly due to the fact that it is conveniently located near major Los Angeles attractions such as the Staples Center and L.A. Live. One of the buyers purchased six condominiums from the building and is currently looking to purchase up to 50 units in a separate Los Angeles development, according to a recent article in the Wall Street Journal. Regardless, it is clear that both location and aggression are playing a major factor in the urge for buyers to make their move. The time is now.

Eklipse Real Estate is offering the “now” through all three of our current listings. The locations are set among some of the most desirable places in Los Angeles. If you are looking to invest in a condominium or home, Eklipse Real Estate offers the following options:

  • Dream Luxury Home: 536 Dalehurst Ave. Located in the quiet and exclusive neighborhood of Little Holmby
  • Contemporary Condominium Complex: 1411 Main Street in the heart of Venice, California
  • Cozy Old World Spanish Style Home: 736 North June Street right off of Melrose in Hollywood

 

Phillip Braunstein is the listing agent.