Barn Lofts 940 E 2nd St, Los Angeles, CA 90012 | Downtown Townhouse Style Loft Condos

3-Story Condominiums

38 live-work town-home lofts in the heart of the Arts District in Downtown L.A.  Originally built in 1906 and entirely re-imagined in 2011.  Historic architecture infused with sophisticated modern amenities.  Come see for yourself: Luxury, Arts, Living!

BARN LOFTS FOR SALE   |   FOR LEASE   |   UNLISTED    |   SOLD

Located at the eastern edge of Downtown Los Angeles and within walking distance to many of the city’s cultural amenities, the Arts District is a thriving and creative community that inhabits the largely self-sufficient area along with independent restaurants, bars, shops and galleries.

The vibrant area began as the agricultural hub of Los Angeles in the 1800’s, filled with citrus groves and vineyards. Because of its proximity to the Los Angeles River, merchants were able to both water their crops and distribute produce. In the late 1800’s railroads linking Los Angeles to Chicago emerged and fueled an industrial boom. Warehouses and factories replaced the orchards and vineyards, and by the early 1900’s the area was a manufacturing and distribution powerhouse.

940 East Second Street Los Angeles 90012
940 East Second Street Los Angeles 90012

940 East 2nd Street was built in 1906 to store sugar beets by industrialists John and Adolph Spreckels, The Spreckels Brothers. The depot went through numerous renovations including one in the 1920s by one of Los Angeles’ preeminent architects, John B. Parkinson, known for designing Los Angeles City Hall, Union Station, Los Angeles Memorial Coliseum, and Pershing Square.

The building changed ownership during the mid 1950’s, around the time the interstates were constructed and Los Angeles residential population and industrialized base began to sprawl.

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The area re-emerged as The Arts District with the introduction of the Artisan in Residence Ordinance in 1981. Artists and urban pioneers moved back into the city’s core and created homes and studios in vacant and underutilized warehouses and industrial buildings, forming what is now considered the city’s creative and cultural incubator.

The current renovation and addition by Rockefeller Partners Architects preserves the historical facade while entirely reimagining the interior as 38 live-work townhome lofts.

AMENITIES

Experience privacy, security and convenience in a way unparalleled by any Downtown residence.

A collection of 38 live-work townhome lofts, 940 E. 2nd St. infuses historic architectural details with sophisticated modern interiors and high level finishes. Natural light drenches the original brick walls, exposed steel beams and vaulted ceilings through a combination of skylights, custom made doors and windows, and operable clerestory windows.

All townhome lofts are 2 bedrooms and 2.5 baths occupying three-levels with open floor plans, patios and terraces. Convenient assigned parking is located directly outside each front door.

European designed kitchens
Caesarstone quartz countertops
Energy-efficient stainless steel appliances
Waterworks plumbing fixtures, sinks and tubs
Concrete, wide plank oak wood flooring, and wool carpeting
Custom bath vanities made from reclaimed wood
Generous walk-in closets and en suite baths
Secure garage parking directly outside your front door
Security video monitors in garage
Direct TV, cable, and internet ready
Cat 5 cable ready
In-unit washer and dryer hook-ups

developer and architect

Canyon-Johnson Urban Funds

The Canyon Johnson Urban Funds (CJUF) are one of the country’s largest private real estate funds focused on the development of urban properties in underserved neighborhoods. A joint venture between Canyon Capital Realty Advisors and an entity of Earvin “Magic” Johnson’s Magic Johnson Enterprises, the funds were formed to identify, enhance and capture value through the development and redevelopment of real estate in densely populated, ethnically diverse urban communities. Fundamental to Canyon-Johnson’s investment thesis is its commitment to a “triple bottom line” philosophy of achieving superior financial results, fostering opportunities within urban communities, and embracing environmental responsibility. With nearly $2 billion in committed equity capital, the funds are positioned to facilitate more than $8 billion in development and revitalization in major U.S. metropolitan areas.

BARN LOFTS FOR SALE   |   FOR LEASE   |   UNLISTED    |   SOLD

Arts District Downtown Los Angeles Lofts & Condos For Sale
Arts District Downtown Los Angeles Lofts & Condos For Sale

The Borman Group

Mark Borman is a co-founder of The Borman Group, LLC, a real estate development company that focuses on urban infill and adaptive reuse projects in Southern California and with a strong concentration in Los Angeles County. His involvement includes all phases of acquisition, design, entitlement, construction, project management, interior finishes and financing. Mr. Borman has been principally involved with over 200,000 square feet of development in asset classes including, commercial retail, multi-family apartments and for sale condominiums since 2005. Prior to The Borman Group, LLC Mr. Borman was an award winning independent film producer having had films play in film festivals including Sundance, Toronto, Tribeca, and Cannes. Other work related experiences Mr. Borman was a franchisee of Yum! Brands, Inc., and a commodity trader at The Chicago Board of Trade. Mr. Borman has a B.A. in Real Estate, Finance and Economics from the University of South Carolina. He currently sits on the Board of Directors of the Business Improvement District of the Artist District located in the city of Los Angeles, serves as the vice president of Epilepsy Foundation of Greater Los Angeles, and the co-chair for the annual Epilepsy Foundation of Greater Los Angeles Care and Cure Dinner.

Rockefeller Partners Architects formed in 2002, uniting the diverse and complimentary experiences of Rocky Rockefeller, AIA, Brian Pera, and Christopher Kempel AIA. The partners’ unique backgrounds allow RPA to provide comprehensive architectural services, from conceptual design and strategic planning to construction administration and post-occupancy evaluation.

At any given time the partners and their team of talented designers are managing a number of compelling projects, from custom residences to corporate headquarters. The success of these projects lies in part with the collaborative spirit shared by clients and professional peers as well as the firm’s commitment to buildings and interiors that balance the simplicity expressed in modernism with provocative natural materials and contemporary technologies.

Since forming, RPA has successfully completed a number of challenging projects and been recognized in national publications such as the Los Angeles Times, The Architect’s Newpaper, Building Design and Construction, and Form Magazine.

Our design philosophy is bound by a collaborative spirit, a commitment to the principles of modern architecture – volume, symmetry, and simplicity – and a deep respect for exceptional craftsmanship.

BARN LOFTS FOR SALE   |   FOR LEASE   |   UNLISTED    |   SOLD


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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. 

NEW LOFTS FOR SALE IN DOWNTOWN LOS ANGELES

NOW TAKING APPOINTMENTS TO SEE NEW LOFTS IN DOWNTOWN L.A.

Click on pic for LAloftBlog Video
Click on pic for LAloftBlog Video

In Downtown Los Angeles there are over 5,000 residential apartment/lofts units under construction right now in Downtown LA, but these are set to be rented and not sold.   This is the only development project that will actually offer condo/loft units for sale!  The highly anticipated completion of these new lofts are being shown to real estate brokers and their clients this weekend.  These lofts are located in one of the hottest up-and-coming urban neighborhoods in the country.  Out of the 5,000 units under construction, the new loft units only represent about 1% of the total! Given the low supply and the pent-up demand for new condos/lofts, you can only imagine the buyers’ interest this is bringing. According to the co-developer, there are 2,800 registered on the interest list to see these units this weekend.

Click on Photo for Video Of New Lofts
Click on Photo for Video of New Lofts

As construction is wrapping up at these new lofts, the developer is preparing to release 15 units to the public this weekend at a sales event that will run from Saturday to Sunday.  These loft units range in size from 679 to 2,000 square feet.  Twelve units will be open-style loft units ranging in size from 679 to 995 square feet and the remaining three units will be stunning two-story townhomes ranging from 1232 to 1355 square feet. Prices will start in the low $400,000 range.

Click on Pic to see video on Pocket Listings
Click on Pic to see video on Pocket Listings

Amenities onsite will include a gallery breeze-way; an outdoor lounge with green canopy, a water fountain, fireplace, and seating areas; and the outdoor furnished courtyard that was created by removing the original warehouse roof exposing the historic wooden trusses. The property also includes a state-of-the-art gym and pool.  Parking for residents will be located in a parking structure just up the street. Yes, the parking will be deeded with the purchase of a property.

A little historical background: This loft conversion from a historic building was once the warehouse for the LA-based furniture company in Downtown LA, was built in the early 1900s. The furniture started in 1882 and lasted for 110 years before shuttering, sadly, in 1992.

0_4200_0_2800_one_downtown-la-outdoor-seating-customers-ld0907For the better, gentrification is in full swing and in small ways the unique history of downtown Los Angeles has been preserved in the process.  There has been a huge effort in all of the districts in downtown Los Angeles to breath new life, and the communities have been flooded with welcoming changes.

High-end restaurants, retailers, dogparks, mass transit expansion, bike lanes, increased policing and safety, grocery stores, gymnasiums, etc.  New high-end hotels are being built, new museums are beginning to be constructed; and centers for some of the greatest sporting events, hollywood ceremonies, and cultural performances are front and center in downtown Los Angeles.

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ext bbw rectangleThese lofts are real lofts, not a newly constructed building.  These lofts are converted from a historical building and the developers have gone to great lengths to restore a building using the best upgrades both inside the units and within the structure itself.

Our team is now showing these New Lofts to our clients and we are accepting appointments.  We cannot stress the importance to have representation when approaching developers to purchase these units. Important information is often not provided to buyers of new lofts.  This is particularly true if the buyer does not use a buyer’s agent, or if the buyer uses an out of area agent.  Most buyers should use a Downtown specialist realtor at no cost to the buyer to represent the buyer in their purchase of new lofts.

Corey Chambers and his team provides experience to protect his clients when purchasing 20130921_114001_HDRnew lofts like these and others that come onto the market.  Such as, previous issues with the developer with previous buildings, related legal issues, potential health hazards of neighborhood, lowest offer likely to succeed, lowest final sale amount likely to succeed, recent unposted comps and sold prices, disclosure of strategies and tactics used by the developer, pricing strategies of seller, tactics and strategies to counter the seller’s strategies and to obtain the lowest price and best terms for the buyer.

For further information on the changes to Downtown Los Angeles see previous articles by LAloftblog:

Get full representation at no charge to you.

Call Corey Chambers to make an appointment to see the new lofts (213) 478-0499

DOWNTOWN LOFT & CONDO LISTINGS:  FOR SALE  |  RENTALS
Corey Chambers, REALTOR®
(213) 478-0499
coreychambers@yahoo.com
GET PRIORITY ACCESS TO SECRET, UNLISTED LOFTS IN DOWNTOWN!
http://www.LAloftBlog.com
L.A. Loft Blog, 200 N. San Fernando Rd., #119, Los Angeles, CA 90031
The #1 Downtown buyer’s agent with 19 successful buyer transactions closed in 2013, Corey Chambers is a Realtor®, and member of the Top 6 award-winning, 5-Star Yelp rated team.  J.D. Power Award 2012 – Keller Williams Realty ranked Highest in Overall Satisfaction for Home Buyers and Sellers Among National Full Service Real Estate Firms.  DRE#01889449