As demand continues to soar and supply dwindles, prices have now grown to well over $10 million for a luxury high-rise penthouse at the Ritz-Carlton Residences. The Downtown News recently reported that a 6,590-square-foot condominium has just hit the market. The most expensive Downtown residence ever, unit 51A, a two-level penthouse in the Ritz-Carlton Residences at L.A. Live is listed for and asking price of $15 million.
The crown jewel of Downtown Los Angeles, 51A is a duplex penthouse atop The Ritz-Carlton Residences at L.A. Live and was masterfully custom designed by Moore Ruble Yudell. With 6,590 sq. ft. of fully-furnished interiors, this remarkable residence in the sky affords you uninterrupted jetliner views of downtown and the Los Angeles skyline, access to The Ritz-Carlton’s gold standard of service and has you an elevator ride away from city’s premiere sports and entertainment attractions.
The sleek, flush design is ideal for showcasing artwork and creates a dynamic visual experience throughout. A second level en-suite guest bedroom is joined by a master wing featuring a lounge room, spa-like bath, full bar and closets reminiscent of a high-end boutique. In addition to a world-class restaurant, residential sky lobby and private heated rooftop pool terrace, all residents can seek out the nearby STAPLES Center, Nokia Theatre, L.A. LIVE and The GRAMMY Museum. Request details, photos and viewing.
Three more brand new luxury high-rise condominium buildings are in the works, including Metropolis Los Angeles now under construction, along with upcoming high-rise projects at Grand Avenue Parcel Q and 1133 S Hope St.
Get a free list of upscale and move-up home, luxury lofts, high-rises and penthouses in Downtown Los Angeles. Fill out the online form:
Downtown Los Angeles has 36 condo buildings with occasional units for lease (listed by Realtors), plus another 108 loft apartment buildings and other managed communities, many of which do not always advertise or cooperate with brokers.
The average rent in Downtown Los Angeles is now more than $2,000 per month, with the cheapest nice lofts now running around $1,800.
The safest way to find the perfect rental in Downtown is to use the private 3-hour paid tour that includes extra help with up to three times as many lofts for lease, and includes a satisfaction guarantee. That way, the prospective tenant can be assured that they will find out about the very best deals, save hundreds or thousands of dollars or else get a refund.
For those who prefer to spend the time doing the research themselves, below is a super list of Downtown rental resources. Or, for those who would rather own with a low down payment, visit www.NoRentLA.com.
RENTAL LOFTS AND APARTMENTS (213) 880-9910 LAloftTour.com
717 Olympic – 717 W Olympic Blvd, 90015 8th and Hope – 801 S. Hope St, 90017
American Cement Building Lofts – 2404 Wilshire Blvd, 90057 Apex – 900 S Figueroa St, 90015 Ava Little Tokyo – 236 S. Los Angeles St, 90012 Avant South Park – 1360 S. Figueroa St, 90015 AVANTdowntown.com
Artisan on 2nd – 601 E 2nd St, 90012
Binford Lofts – 837 Traction Ave, 90013 Blackstone – 901 S Broadway, 90015
Brick Lofts – 652 Mateo St, 90021 Broadway Lofts – 430 S Broadway, 90013 Brockman Lofts – 530 W 7th St, 90014
Canvas L.A. – 138 N Beaudry Ave, 90012
Chester Williams – 215 W 5th Street, 90013
City Lights on Fig – 1300 S Figueroa St, 90015 Chapman Flats – 756 S. Broadway, 90014
Continental Lofts – 408 S Spring St, 90013 Eighth and Grand – Grand Ave, 90017 Elysian – 1115 Sunset Blvd, 90012 Emerson – 225 S Grand Ave, 90012 Emil Brown Building – 308 East 9th St, 90015 Factory Place Lofts – 1308 Factory Place, 90013
Grand Central Square – 306 W 3rd St, 90013
Gas Company Lofts – 810 S Flower St, 90017
Great Republic Lofts – 756 S Spring St, 90014
Hellman – 411 S Main St, 90013 Jeffries Lofts – 117 Winston St, 90013 L.A. Loft Tour – (213) 478-0499 http://www.LAloftTour.com
Lacy Studio Lofts – 2664 Lacy St, 90031 LEVEL DTLA – 888 Olive St, 90015 http://www.LEVELDTLA.com
Long Beach Avenue Lofts – 1250 Long Beach Ave, 90021
Medallion – 334 S Main St, 90013
Medici – 725 S Bixel St, 90017 MegaToys Lofts – 905 E 2nd St, 90012 Mercantile Lofts – 620 S Main St, 90013
Met Lofts – 1050 S Flower St, 90015
Metro 417 – 417 South Hill Street, 90013
Metropolitan – 315 West 5th Street, 90013
Milano Lofts – 609 S Grand Ave, 90017
Mozaic at Union Station – 888 N Alameda St, 90012
Museum Tower – 225 S Olive St, 90012 One Santa Fe – 1 Santa Fe, Los Angeles, CA 90012
Orsini Apartments – 550 N Figueroa St, 90012
Pacific Electric Lofts – 610 S Main St, 90014 Packard Lofts – 1000 S Hope St, 90015
Pegasus – 612 S Flower St, 90017
Peterson and Tansey Lofts – 1250 Long Beach Ave, 90021
Piero – 312 E 12th St, 90015
Promenade Tower – 123 S Figueroa St, 90012 Roosevelt Lofts – 727 W. 7th St, 90017
San Fernando – 400 S Main St., 90013
Santee Court – 716 S Los Angeles St, 90014 SB Grand – 312 W. 5th St, 90013
South Park Lofts – 818 South Grand Ave, 90017 Spring Arcade – 541 S Spring St, 90013 Title Guarantee – 411 5th St #1200, 90013
Union Lofts – 325 W 8th St, 90014
Visconti – 1221 W 3rd St, 90017 Watermarke Tower – 705 W 9th St, 90015
For Downtown rental assistance, call (213) 880-9910
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The sleek, flush design is ideal for showcasing artwork and creates a dynamic visual experience throughout. A second level en-suite guest bedroom is joined by a master wing featuring a lounge room, spa-like bath, full bar and closets reminiscent of a high-end boutique. In addition to a world-class restaurant, residential sky lobby and private heated rooftop pool terrace, all residents can seek out the nearby STAPLES Center, Nokia Theatre, L.A. LIVE and The GRAMMY Museum. Request details, photos and viewing.
