New Apartments Join Old Historic Core Buildings – More Condos to Be Rented Instead of Sold

525-springReplacing what is now a parking lot between the Spring Arcade building and the Alexandria Hotel, a new building is being designed with modern style that includes wavy white architecture and balconies.  Its aesthetic is very different from the historic buildings that will sandwich it.

The LA Downtown News recently reported that Australia-based developer Joseph Hellen has spruced up his plan for a 40-story apartment tower with a proposal to renovate and activate three small Broadway theaters.

Across the street are the Security Building lofts and SB Spring lofts for lease.

Spring Arcade During Renovation

The proposed new building will be designed as a condo, but will be leased, as has been the trend for most recent residential developments in Downtown.

Get a free list of Historic Core loft rentals.

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LOFT & CONDO LISTINGS DOWNTOWN L.A.  [MAP]

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SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $10,000,000
Browse by Building  |  Neighborhood  |  Size  |  Bedrooms  |  Pets  |  Parking

Copyright ¬© 2015 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 necessarily associated with the home owner’s association, seller or developer. For more information, contact (213) 478-0499 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.

215 S SANTA FE AVE #6 Los Angeles, CALIFORNIA 90012

215 S SANTA FE AVE #6 Los Angeles, CALIFORNIA 90012

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Historic Loft in the heart of the Arts District. High Ceilings. Lots of Windows and Light. A Huge Expanse of Space. Room to make 2-3 more Bedroom Areas. Wood Floor. Large Commercial-style Kitchen. In-unit Washer/Dryer. Parking for Two Cars. Walk to dozens of Shops and Restaurants in the Arts District and Little Tokyo. About 4 blocks to the Metrolink Arts District/Little Tokyo Station. Please give us 48 hours Notice to Show. Across from One Santa Fe complex.

See more at: http://www.LAloftblog.com

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Area: Arts District

Name: Los Angeles
State: CALIFORNIA
Type: Condominium
Zip: 90012  Bathrooms: 1 Bedrooms: 2-3

Partial Baths: Square Ft.: 1778Sq. ft.

Corey Chambers, (213) 880-9910

New Lofts Coming to Downtown – Which Loft Rental Building is Most Likely to Go Condo Next?

LOFT & CONDO LISTINGS DOWNTOWN L.A.  [MAP]

button        button (1)        

SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $10,000,000
Browse by Building  |  Neighborhood  |  Size  |  Bedrooms  |  Pets  |  Parking

New Lofts Coming to Downtown Soon

Which Loft Rental Building is Most Likely to Go Condo Next?  Take the GOING CONDO Quiz.

Which loft rental building is most likely to GO CONDO next?
Which loft rental building is most likely to GO CONDO next? Take the Quiz.

More than half of Downtown loft buyers prefer to purchase a new development of a genuine historic loft. ¬†These newly renovated lofts are often considered to be the most modern, chic and impressive homes of today. ¬†Out are the small, dark compartmented rooms with wall-t0-wall carpet – yuk!! ¬†In are huge windows, bright natural light with views, open floorpans with just the right bed area separation, polished floors and stainless steel appliances. ¬†The L.A. Loft Blog has¬†recently heard from several sources¬†about one impressive loft building in particular that may be going on sale very soon. ¬†Be among the first to find out. ¬†Take the Loft Blog “Going Condo” Quiz to test your Downtown loft knowledge. ¬†You will immediately get the correct answer, and you will be notified by email of upcoming loft condos for sale.

Test your Downtown loft knowledge.  Which Downtown loft rental building is most likely to go condo next? Take the Quiz and find out now! Fill out my online form:

Copyright ¬© 2014 This free information provided courtesy Corey Chambers, Realtor, Keller Williams Realty, BRE#01889449 We are not necessarily associated with the home owner’s association, seller or developer. For more information, contact (213)¬†478-0499¬†or visit DowntownLosAngelesLoft.org 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.