Pan American Lofts Downtown L.A. 253 S Broadway, Los Angeles, CA 90012
Built in 1895, the Pan American lofts building is one of the oldest buildings, and was one of the first office buildings in downtown Los Angeles.
Pan American Loft building distressed properties
In the heart of Los Angeles’ historic Old Bank district, near the Civic Center and Bunker Hill, the Pan American Lofts provide a unique kind of live-work space for Downtowners.
With stylish, modern interiors, the Pan American Lofts boast bamboo floors (select units), original exposed brick and concrete walls, 12′ to 17′ ceiling height, copious windows and natural light, high-end stainless steel appliances, controlled-access underground parking, interior courtyard, juliette balconies or private decks (select units).
Several of the units have no parking space, and the west-facing paid parking lot is possibly a prime candidate to become a view-blocking highrise structure.
Properties with certain unusual issues can sometimes present an unique opportunity to get a good deal. Buyers can request a hotlist of distress sales and bank foreclosures for Pan American and other downtown lofts.
Distress Sales resulting from bank foreclosures often represent a great way to get a fantastic deal on a loft. It’s not easy for the average loft buyer to find these deals, because you have to keep searching to see when one comes up. Prospective buyers can request a free copy at LAcondoInfo.com
Request a viewing, new listings or other information for Pan American Lofts: Fill out the online form.
Located in the Historic Core of Downtown Los Angeles, the Old Bank District provides an ever-expanding assortment of dining, pubs, art venues, shops and entertainment for Downtown loft residents. The Historic District has evolved during Downtown’s renaissance with revitalization of old buildings and new construction in the neighborhood. In 2004, the City of Los Angeles officially recognized the community-building efforts of the Old Bank District and certified it a city district with the following demarcations: Spring and Main Streets, connected by 3rd and 6th Streets.
GET A FREE HOTLIST OF SECRET LOFTS AND CONDOS IN DOWNTOWN L.A.
The neighborhood was the financial district in the early 1900s with some of the tallest buildings at that time hovering around 12 stories. As 30-story skyscrapers started being built in the 1960s to 1990s, the new financial district replaced the Old Bank district as the central hub of finance on the West Coast.
The district resembles the metropolitan life of New York City, with the new vibe of Downtown’s amazing renewal. The Old Bank District original character has been re-captured and has blossomed into a modern neighborhood where creative productivity, home life, entertainment and relaxation all combine with imagination and class. Urbanites of all persuasions and lifestyles are drawn to the area for its powerful combination of creativity and entertainment, along with the flavor of genuine Los Angeles flair, where many have set up their businesses and lives.
Douglas Building Lofts
The re-energized community, enhanced by camaraderie and partnership, delivers a feeling of safety and relaxation for urban dwellers and commerce. The Old Bank is holding on to the character of its historic past while moving forward and growing toward a most exciting future.
Loft buildings in the Old Bank District include these condominiums:
Old Bank Loft Rentals: Lofts for lease in the district are among the most authentic, raw and economical. With large open spaces, walls of windows and high ceilings, Old Bank lofts are not always available, not always advertised, and often available only to those “in the know.” Renters can save thousands of dollars by getting privileged access to hidden loft bargains in the Old Bank District. Many of the rentals in the Old Bank District are not listed on the internet, and not on the real estate agents MLS. These listings can best be found along with other unadvertised bargains on the L.A. Loft Blog 3-Hour Tour at LAloftTour.com
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Based on information from the Association of REALTORS®/Multiple Listing as of [date the AOR/MLS data was obtained] and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
