63 Units Sold in Downtown Loft Auction
Of the 79 units being auctioned off last night at the Rowan Lofts in Downtown Los Angeles, 63 of those found new potential owners, finds Curbed LA who was there: "The most expensive unit sold today was a penthouse that was originally priced at $785,000--it sold for $534,000. The minimum bid on that unit was $490,000. The three least expensive units sold for $207,000--two were originally priced at $335,000 and one at $317,900, respectively, and had minimum bids of $195,000." The 63 number could change as some people may drop out of the process.