DTLA Historic Core Lofts Anticipate Pershing Square Redesign And Welcome Two New Playgrounds

Historic Core Play Grounds
Historic Core Play Grounds Open in Pershing Square.

 

Historic Core  |  For Sale  |  For Lease

This has been a big week for Downtown’s Pershing Square. Part of DTLA’s Historic Core. Recently, a design competition launched to address who will ultimately overhaul the underutilized and sparingly adorned park. Its current concrete pad is really only utilized for the yearly holiday ice rink. Also, yesterday marked the opening day for a smaller but still very major alteration to the park: the addition of two playgrounds. The playgrounds are in the southern-ish part of the park, by Sixth Street, and they are pretty hard to miss, this news as reported by Curbed Los Angeles.

The new playgrounds have two areas for kids, one for children under 5 and one for children under 12 says a release from LA’s Department of Rec and Parks. The new play zones include a traditional merry-go-round, at least one slide, and so many things to climb—even a structure that looks like an enormous, scaleable spider web. The playgrounds both have that bouncy, rubberized flooring and, like the playground at Grand Park that opened last year, are surrounded by fencing.

If you’re looking to slip into DTLA’s increasingly pricey housing market, you may end up narrowing your search to Lofts. There are solid options in the Historic core of DTLA near to Pershing Square in the heart of Downtown LA.

The location is prime, not only because it’s close to public transit but because Pershing Square is poised for a major makeover that will transform it from an uninviting concrete plaza to a greener space with themed gardens and a large lawn. And, at the corner of Fifth Street and several loft buildings are in walking distance to the park and other popular destinations like Clifton’s Republic, the Last Bookstore, and Grand Central Market. #millsact

Lofts are a smart step up from a traditional apartment style condo in the same price range. Also, some historic building offer Mills Act tax advantages to owners. If you are looking for features like tall ceilings, polished concrete floors, and a contemporary kitchen have a look at our links to see what is available now. Remember, Lofts don’t come with rooms so you will have a chance to get creative when it comes to partitioning that space yourself if you want sleeping privacy from the live/work area.

#pershingsquare

Mills Act tax status is assigned to some historic buildings and is a fantastic bonus when loft shopping.  You can get free information here.  Fill out the online form.

 

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

  Lofts For Sale     Map Homes For Sale Los Angeles

SEARCH LOFTS FOR SALE Affordable | PopularLuxury
Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking

Historic Core  |  For Sale  |  For Lease

Pershing Square DTLA
Pershing Square DTLA

Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com  Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

Live/Work Industrial Lofts Are Popular For Big Windows And Large Spaces.

Alta Lofts
Alta Lofts DTLALive/Work Industrial Lofts Popular For Big Windows And Large Spaces

ALTA LOFTS FOR SALE  |  ALTA LOFTS FOR LEASE

Loft hunters mention a few reasons why they are looking for a loft over a standard apartment.  Obviously, these spaces offer many attributes that you can’t get in a standard apartment or condo.  However, two attributes of the industrial live-work loft are large dramatic windows and the wide open floor plan that allows for maximum versatility.

Do you have a vision that you will be a pioneer in the next great place? Are you ready to get there now? The new loft building was named one of ten best real estate deals. With FHA financing (may need to be re-initiated), the place offers the creative person the rare opportunity to own a genuine loft in a historic building, often FHA loans that can be as little as 3.5% down. Not only does that make it possible to own a chic loft in the Downtown L.A. area, but the FHA financing adds tremendous monetary investment value. What is easy to finance for purchase is also easy to sell, thus pushing up the value of the property more and more over time. Being the only genuine loft with FHA financing, loft units in the building can be a superior investment. SPECIAL UPDATE – FHA and VA financing has generally not been effective for condominiums in Los Angeles. Get FHA/VA details at https://www.laloftblog.com/?s=fha.

#altalofts #DTLA

Fortune favors the prepared.  When shopping for a new loft it’s a good idea to have your finances all sorted out in advance.  Get free information on how to finance with two popular programs Fill out the online form.

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

  Lofts For Sale     Map Homes For Sale Los Angeles

SEARCH LOFTS FOR SALE Affordable | PopularLuxury
Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking

ALTA LOFTS FOR SALE  |  ALTA LOFTS FOR LEASE

Alta Loft Kitchen
Alta Loft Kitchen

Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com  Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.