This past weekend’s Art Walk at the Brewery in Lincoln Heights, the largest artist complex in the world, marks the turning point in history as Downtown’s pricey Arts District takes its place as the expensive, fully gentrified district while nearby hoods earn their stripes as the new, undiscovered treasures.
Artists and investors seeking up-and-coming creative communities rather than fully ripe areas now turn to the nearby neighborhood of Lincoln Heights.
As gentrification and its higher prices push artists out of the Arts District, The Brewery Lofts, Lacy Street Lofts, Telephone Company Lofts and Alta Lofts attract loft lovers, artists and investors as the now authentic artist communities. Alta Lofts at 200 North San Fernando Road is a condominium building with affordable artist lofts for sale.
As the average Arts District loft for sale passes the $800,000 mark, Alta Lofts in Lincoln Heights still offers larger lofts with genuine historic industrial character and ultra high ceilings such as this 3-level loft (a former loading dock) asking less than $500,000.
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