Cityplace in Santa Ana

NEW -> Contingent Buyer Assistance Program
I count the unsold Plan 1 lofts on the layout map everytime I go by the sales office (since March-ish). The number hasn't changed in 4 months.
 
Hello everyone....What percent of the Parks do you all think are sold?...more specifically plan 1....Do people out there see the prices sliding further? They were asking$399,000 for certain Park plan 1.....Do you think all units will drop to this?



I was there last month and all they told me all the courtyards are sold out except for 2 models.....is this BS?



From this forum it sounds as though they are staying pat with list prices. Is there anyone out there that has heard of lower offers being accepted? Does any one know if they are providing free upgrades instead of reducing the price?
 
[quote author="whichway" date=1247887452]Hello everyone....What percent of the Parks do you all think are sold?...more specifically plan 1....Do people out there see the prices sliding further? They were asking$399,000 for certain Park plan 1.....Do you think all units will drop to this?



<strong>I was there last month and all they told me all the courtyards are sold out except for 2 models.....is this BS?</strong>



From this forum it sounds as though they are staying pat with list prices. Is there anyone out there that has heard of lower offers being accepted? Does any one know if they are providing free upgrades instead of reducing the price?</blockquote>


After seeing their ad in the newspaper, I called and the sales lady said, "We only have 1 left." Why the F. do they even advertise for 1 unit? I forgot to ask is this the last 1 for a particular phase? Does anyone knows if the Courtyard are completely built out?



And regarding the Parks, she mentioned 2 units left.
 
[quote author="reason" date=1248371730][quote author="whichway" date=1247887452]Hello everyone....What percent of the Parks do you all think are sold?...more specifically plan 1....Do people out there see the prices sliding further? They were asking$399,000 for certain Park plan 1.....Do you think all units will drop to this?



<strong>I was there last month and all they told me all the courtyards are sold out except for 2 models.....is this BS?</strong>



From this forum it sounds as though they are staying pat with list prices. Is there anyone out there that has heard of lower offers being accepted? Does any one know if they are providing free upgrades instead of reducing the price?</blockquote>


After seeing their ad in the newspaper, I called and the sales lady said, "We only have 1 left." Why the F. do they even advertise for 1 unit? I forgot to ask is this the last 1 for a particular phase? Does anyone knows if the Courtyard are completely built out?



And regarding the Parks, she mentioned 2 units left.</blockquote>




Currently the Courtyards are built out, but there is vacant land (along Lawson Way) where the City Place Sky Lofts are supposed to be built. If the sky lofts aren't built, then that phase will probably consist of courtyard and park units.
 
[quote author="reason" date=1248371730]

After seeing their ad in the newspaper, I called and the sales lady said, "We only have 1 left." Why the F. do they even advertise for 1 unit? I forgot to ask is this the last 1 for a particular phase? Does anyone knows if the Courtyard are completely built out?



And regarding the Parks, she mentioned 2 units left.</blockquote>




I suspect she is blowing smoke up your nether regions. Go have dinner at one of the restaurants and wander back there in the evening. Not that many lights...
 
Many lofts due to the solar heat gain the owners have either tinted all the retail facing glass, full height roller shades and draperies. It is hard to see even the interior light at night from the outside. Many owners do not live in the loft units. They are either offices or doctor bachelor pads for hosting parties.
 
I received an email a few weeks ago stating that a plasma TV and fridge would be included for free when purchasing a certain Park Model.....this makes me think that they are desperate to sell units.



Does anyone know when the Central Park West condos/townhouse/lofts will be going on the market? That looks like it will be nice. If the City Place has not sold out their units when the Central Park West units come on the market they are going to be in trouble. There is going to be a plethora of "urban type" developments on the market. Maybe I will hold out for those....having an Irvine zip code over a Santa Ana zip code goes a long way for resale value! Gee whiz...if I am going to spend $400,000 on a townhouse I may as well live in Irvine.



Also, what do all you folks think about the Santiago Lofts...i am starting to see short sale after short sale come onto the market there.
 
[quote author="whichway" date=1248414686]I received an email a few weeks ago stating that a plasma TV and fridge would be included for free when purchasing a certain Park Model.....this makes me think that they are desperate to sell units.



Does anyone know when the Central Park West condos/townhouse/lofts will be going on the market? That looks like it will be nice. If the City Place has not sold out their units when the Central Park West units come on the market they are going to be in trouble. There is going to be a plethora of "urban type" developments on the market. Maybe I will hold out for those....having an Irvine zip code over a Santa Ana zip code goes a long way for resale value! Gee whiz...if I am going to spend $400,000 on a townhouse I may as well live in Irvine.



Also, what do all you folks think about the Santiago Lofts...i am starting to see short sale after short sale come onto the market there.</blockquote>


Santiago Lofts are buried into the industrial side of SA. Its advantage is being close to the train depot. Living in a loft is all about lifestyle. Neither CPW or Santiago has good proximity to retails and nightime activities.



Cityplace is a little bit better having retails across the parking lot and the mall across the street. The only sign of nightlife is the 24 hours hospital across the 22 fwy and the nearby stadium venues.
 
What type of businesses are at the Santiago Lofts?



I haven't been there since they first opened so I don't know what any of those work/live owners have actually done for the "work" part (or have the work spaces just become 3rd car garages?).



I can't seem to identify any profitable business you can open up in that area of Santa Ana.
 
[quote author="bubblebuyer" date=1248484575]Many of the lofts operate as art studios.



<a href="http://santiagoartdistrict.com">www.santiagoartdistrict.com</a></blockquote>
Oh yeah... that was mentioned somewhere else.



That makes sense... I just wonder how many artists can actually afford the mortgage of those places when they first sold.



So no coffee house? No law firm? No daycare?
 
[quote author="irvine_home_owner" date=1248485517][quote author="bubblebuyer" date=1248484575]Many of the lofts operate as art studios.



<a href="http://santiagoartdistrict.com">www.santiagoartdistrict.com</a></blockquote>
Oh yeah... that was mentioned somewhere else.



That makes sense... I just wonder how many artists can actually afford the mortgage of those places when they first sold.



So no coffee house? No law firm? No daycare?</blockquote>




HOA restrictions prevent some uses (food and daycare).



There is one (more?) law office in the CityPlace lofts. insurance, a cigar store, some clothing boutiques, some home office uses.
 
[quote author="freedomCM" date=1248489231][quote author="irvine_home_owner" date=1248485517][quote author="bubblebuyer" date=1248484575]Many of the lofts operate as art studios.



<a href="http://santiagoartdistrict.com">www.santiagoartdistrict.com</a></blockquote>
Oh yeah... that was mentioned somewhere else.



That makes sense... I just wonder how many artists can actually afford the mortgage of those places when they first sold.



So no coffee house? No law firm? No daycare?</blockquote>




HOA restrictions prevent some uses (food and daycare).



There is one (more?) law office in the CityPlace lofts. insurance, a cigar store, some clothing boutiques, some home office uses.</blockquote>


Tailor, Photo studio, Jewelry store, and Financial Advisor
 
[quote author="bkshopr" date=1248494407][quote author="freedomCM" date=1248489231][quote author="irvine_home_owner" date=1248485517][quote author="bubblebuyer" date=1248484575]Many of the lofts operate as art studios.



<a href="http://santiagoartdistrict.com">www.santiagoartdistrict.com</a></blockquote>
Oh yeah... that was mentioned somewhere else.



That makes sense... I just wonder how many artists can actually afford the mortgage of those places when they first sold.



So no coffee house? No law firm? No daycare?</blockquote>




HOA restrictions prevent some uses (food and daycare).



There is one (more?) law office in the CityPlace lofts. insurance, a cigar store, some clothing boutiques, some home office uses.</blockquote>


Tailor, Photo studio, Jewelry store, and Financial Advisor</blockquote>


You forgot massage parlor.
 
[quote author="bkshopr" date=1248494407][quote author="freedomCM" date=1248489231][quote author="irvine_home_owner" date=1248485517][quote author="bubblebuyer" date=1248484575]Many of the lofts operate as art studios.



<a href="http://santiagoartdistrict.com">www.santiagoartdistrict.com</a></blockquote>
Oh yeah... that was mentioned somewhere else.



That makes sense... I just wonder how many artists can actually afford the mortgage of those places when they first sold.



So no coffee house? No law firm? No daycare?</blockquote>




HOA restrictions prevent some uses (food and daycare).



There is one (more?) law office in the CityPlace lofts. insurance, a cigar store, some clothing boutiques, some home office uses.</blockquote>


Tailor, Photo studio, Jewelry store, and Financial Advisor</blockquote>


Not sure I'd trust the financial advice of someone who purchased at WTF prices ;)
 
[quote author="asianinvasian" date=1248496631][quote author="bkshopr" date=1248494407][quote author="freedomCM" date=1248489231][quote author="irvine_home_owner" date=1248485517][quote author="bubblebuyer" date=1248484575]Many of the lofts operate as art studios.



<a href="http://santiagoartdistrict.com">www.santiagoartdistrict.com</a></blockquote>
Oh yeah... that was mentioned somewhere else.



That makes sense... I just wonder how many artists can actually afford the mortgage of those places when they first sold.



So no coffee house? No law firm? No daycare?</blockquote>




HOA restrictions prevent some uses (food and daycare).



There is one (more?) law office in the CityPlace lofts. insurance, a cigar store, some clothing boutiques, some home office uses.</blockquote>


Tailor, Photo studio, Jewelry store, and Financial Advisor</blockquote>


You forgot massage parlor.</blockquote>


Massage Envy is a national franchise. I doubt happy endings are on the menu there.
 
[quote author="High Gravity" date=1248497987][quote author="asianinvasian" date=1248496631][quote author="bkshopr" date=1248494407][quote author="freedomCM" date=1248489231][quote author="irvine_home_owner" date=1248485517][quote author="bubblebuyer" date=1248484575]Many of the lofts operate as art studios.



<a href="http://santiagoartdistrict.com">www.santiagoartdistrict.com</a></blockquote>
Oh yeah... that was mentioned somewhere else.



That makes sense... I just wonder how many artists can actually afford the mortgage of those places when they first sold.



So no coffee house? No law firm? No daycare?</blockquote>




HOA restrictions prevent some uses (food and daycare).



There is one (more?) law office in the CityPlace lofts. insurance, a cigar store, some clothing boutiques, some home office uses.</blockquote>


Tailor, Photo studio, Jewelry store, and Financial Advisor</blockquote>


You forgot massage parlor.</blockquote>


Massage Envy is a national franchise. I doubt happy endings are on the menu there.</blockquote>


If there is a neon sign then it offers happy endings.
 
[quote author="bkshopr" date=1248500981][quote author="High Gravity" date=1248497987][quote author="asianinvasian" date=1248496631][quote author="bkshopr" date=1248494407][quote author="freedomCM" date=1248489231][quote author="irvine_home_owner" date=1248485517][quote author="bubblebuyer" date=1248484575]Many of the lofts operate as art studios.



<a href="http://santiagoartdistrict.com">www.santiagoartdistrict.com</a></blockquote>
Oh yeah... that was mentioned somewhere else.



That makes sense... I just wonder how many artists can actually afford the mortgage of those places when they first sold.



So no coffee house? No law firm? No daycare?</blockquote>




HOA restrictions prevent some uses (food and daycare).



There is one (more?) law office in the CityPlace lofts. insurance, a cigar store, some clothing boutiques, some home office uses.</blockquote>


Tailor, Photo studio, Jewelry store, and Financial Advisor</blockquote>


You forgot massage parlor.</blockquote>


Massage Envy is a national franchise. I doubt happy endings are on the menu there.</blockquote>


If there is a neon sign then it offers happy endings.</blockquote>


LOL. I'll take a cigar and a happy ending. Sounds like a great place to live.
 
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