Elleven Lofts Building Settles Litigation 1111 S Grand Ave #719, Los Angeles, CA 90015

Elleven Lofts Update

Congratulations to Michael Logan, who will be closing escrow soon on his beautiful Elleven modern soft loft with dramatic wall of floor-to-ceiling windows and south facing city views with bright natural light.  The high ceilings and open space are further expanded by two Juliette balconies that allow the lucky new resident to reach out and feel the awe-inspiring sunsets.

Elleven Lofts lobby Before
Elleven Lofts lobby Before

The timing to pick up this loft could not be better as prices are a bit lower than they would otherwise be due to recently settled litigation, holiday season, construction of the imposing array of new residential towers that will ultimately add to the value of the rapidly improving neighborhood that is anchored by the Times Square of California, L.A. LIVE.  #elleven #lofts

Soft lofts are modern construction buildings with open floor plans, high ceilings with exposed plumbing and heating. A soft loft generally has more finish with drywall instead of concrete or brick.

At 1111 S Grand Avenue, the Elleven building lobby is currently being re-designed with the latest of modern interiors.  If you think the lobby looks good in the before picture, wait until we show you the updated lobby coming soon!  After all of the commotion of construction settles down, this building’s value will have a particularly big  upswing. #southpark #dtla

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1111 S. Grand Avenue #719 in escrow
1111 S. Grand Avenue #719 in escrow

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. Names have been changed to protect privacy. 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.

SB Grand

The SB Grand, also known as the Shybary Grand, was once among the most troubled condominium loft buildings in Downtown Los Angeles. Things have changed. The building that at one point could only be purchased for all cash (due to mixed-use commercial, high renter ratio, previous litigation and incomplete financials) can now be financed with as little as 10% down. #sbgrand #dtla

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SB Grand Building
SB Grand Building

With glimmering new modern crystalline ceiling lamps in the now bright, uplifting lobby, the handsome historic building is now gazed upon fondly by the upper-crust patrons of the upscale rooftop restaurant lounge across the street called Perch.

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Also known as the Shy Barry Grand, the building has its own notable rooftop with swimming pool, hot tub spa and sun deck with glorious views drenched in southern California sunshine. With some of the lowest homeowners association HOA dues of any downtown Los Angeles loft building, SB residents can add rented optional parking in the building and still pay less than the average HOA dues in downtown Los Angeles. Friendly 24-hour security front desk concierge, and countless walkable restaurants, bars, pubs, shopping, entertainment (and metro station right next-door), the SB Grand is unsurpassed in urban conveniences. Being on the path between Skid Row and the Pershing Square Metro Station, the building still suffers from a large number of homeless loitering and hubbub on the sidewalks outside, as well as the unusually large numbers of cigarette-flinging renters in the mixed-use condominium building. Those who enjoy urban environment and energy are very fond of the Shy Barry grand lofts. It’s common to see a nice-sized 860 sq ft live/work industrial-style open loft unit with high ceilings and balcony listed for a good price.

SB LOFTS FOR SALE   |  FOR LEASE   |   SOLD   |   UNLISTED   |   NEW LOFTS

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SB Grand Lobby Entrance
SB Grand Lobby Entrance

Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Broker  CalDRE#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.