MOLINO STREET LOFTS
500-530 Molino Street, Los Angeles, CA 90013
High-End Live/Work Homes Appeal to Creative Individuals
Los Angeles, CA – Molino Street Lofts (built in 1923), in the heart of the Arts District, opened to impressive buyer demand. The Kor Group, developers of Molino Street Lofts, has announced that most of the homes offered were reserved by buyers who had their first look at the variety of lofts available during the preview event. Just 33 out of 91 total units remain available at Molino Street Lofts, including a selection of large spaces appropriate for artists and entrepreneurs who excel in a creative, contemporary environment.
“Our opening was an incredible success. It was reserved for a group of pre-qualified buyers who immediately fell in love with these lofts and all the opportunities they represent,” said Kimberly Lucero, marketing director for the Kor Group. “Every one of these individuals was impressed that no two units are alike, and that each residence provides an atmosphere where life and career can thrive together. That’s something that is all-too rare in this city.”
Molino Street Lofts, at 500 and 530 Molino Street, are created from adjoining, classic 1920s warehouses that are full of history and character. They form the nucleus of an emerging creative community, which Kor Group will continue to improve with sidewalks, lighting and other neighborhood amenities.
Layout and Features
Each unit in Molino Street Lofts retains the character of the original building with details such as high ceilings and exposed brick walls. The conversion of the building to lofts also installed all the modern conveniences of today including large two-person soaking tubs, GE stainless steel appliances, and Kohler bathroom fixtures.
Unit features include:
- Pre-wired for high-speed internet and cable
- Central air-conditioning and heat
- Washer and gas dryer hookups
- Stainless steel appliances
- Stainless steel shelving with new wood cabinetry
- Built-in dishwashers
- Stone counters
- Street level storefront patios (select units)
- Spacious soaking tubs
- Industrial-style Clerestory windows and multi-pane Windows with laminated glass
- Rooftop skylights
- Exposed brick walls
- Hardwood and concrete floors
- Ceilings up to 14′
Building amenities include:
- 1920s warehouse architecture
- Original brick surface exterior walls
- Two rooftop sun decks with panoramic views
- Potted citrus trees
- Vine-covered arbor
- Swimming pool
- Fire pit and seating areas
- Electronic entry system
- Two lobbies with secured mailboxes
- Gated and secured parking
Molino Street Lofts are in the center of L.A.’s original Arts District. The area enjoys a creative vitality like few other places in the city, yet, because it is set off from the hectic pace of downtown, it is also calm and meditative. And the neighborhood is home to beautiful architecture such as the elegant Fourth Street Bridge. The rooftop decks of Molino Street Lofts provide stunning views of this landmark and many others.
“These are spacious artist residences in an intimately scaled, low-rise building with high-end amenities,” said Lucero. “It is a district rich with history, brimming with energy, and imbued with its own sense of community. And it’s incredibly attractive to certain, very discerning buyers. They understand that here they can create their own vision for themselves.”
Residences at Molino Street Lofts range from 896 to 3,716 square feet, with prices from the mid $300,000s to approximately $1 million. Each unit offers classical architectural details; examples include: original exposed brick walls; wood or polished concrete floors; rooftop skylights, light wells or transom skylights.
At the same time, state-of-the-art improvements make each home comfortable, convenient and readily adaptable to home businesses for individuals focused on art, design and other creative enterprises. These upgrades include: pre-wiring for telephone, high-speed internet and cable TV; central heating, ventilation and air conditioning; huge, new, industrial-style clerestory windows with laminated glass; GE stainless-steel kitchen appliances; under-counter bathroom sink with Kohler hardware; and two-person, 72-inch tubs.
The Molino Street Lofts also offer common areas that include sundecks with swimming pool and many areas for socializing.
An innovative presence in the real estate and travel industries, the Kor Group is redefining the concept of home with its distinctive hotel and residential properties. Every Kor development reinterprets the modern-day environment, blending the comforts of home, business necessities and leisure amenities in unique settings. Starting with Beverly Hills’ Avalon Hotel in 1998, Kor Hotel Group continues to craft a rare array of boutique hotels consistently singled out for praise in such influential publications as CondeNast Traveler and Travel + Leisure.
That success extends to Kor’s residential projects. Respect for the historic character of landmark buildings and their local legacies guides Kor’s redevelopment approach; insight into modern residents’ desires for a luxurious yet relaxed lifestyle underscores the design process. The result: personal spaces at sought-after addresses, rich in classic and vintage elements, up-to-the-moment conveniences and inspired interior design.