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63 Units Sold in Downtown Loft Auction

rowan_lofts_auction.jpg

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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.

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