La Boheme is actually doing pretty well given that the first move-ins were around the end of 2006 – as of the date of today’s auction the building is/was 84% sold out – that’s actual closed escrows, not ‘deals in the works’. I live here – got a great rate on a 30 year note at 5.875% with no lender fees or points because this is a moderate income area – no I didn’t qualify for the mod income units, I have a market rate unit with special financing that was better than DR Horton could provide with their bogus $20k in closing credits to use their lender blah blah blah.
La boheme is unique in it’s location – there are 4 gay/bars clubs surrounding the block or within 1 block – lots of restaurants – many of my friends come to me to hang cause we can pound a few at my place and then bar hop – then ‘run’ to Florences to grab a pizza at 2am before they close (or Marie’s across the street open 24 hours 4 days a week).
If you’re kid-less, gay, and love to drink – this is a fantastic place to live! When I open my balcony doors on Wednesdays and can hear/feel the ‘BOOM BOOM BOOM’ from bachhus house latino noche (gay latin night club)- I know I made the best decision FOR ME.
By the way – I estimate 30-40% of the residents here are gay.
