New Downtown Luxury Tower Condominiums Ten50 Sells Out First Phase

LATen50.com  —  Trumark Urban recently announced a quick sell-out of the first phase of residences at TEN50. The second phase will start in the $600,000s.

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More than a third of the residences at TEN50 have been taken off the market by eager home buyers in less than two months since sales opened to the public. The luxury 25-story high-rise under development in downtown Los Angeles’ South Park neighborhood

The investment in DTLA’s renaissance is not one Trumark Urban has taken alone – news from significant retailers including Whole Foods Market, which recently opened just three blocks from TEN50, on the corner of 8th Street and S. Grand Ave, and Apple’s purchase of the historic Tower Theatre for a new flagship store has cemented the community at the core of development in Southern California. North of TEN50, The Broad Museum has spurred a new wave of artistic ingenuity and welcomes thousands of visitors each week. Once recognized as purely a concentration of careers in finance and fashion, nearly half a million people work every day in downtown Los Angeles.

“Working and living in downtown Los Angeles, I can’t wait to move into TEN50, and truly have a place of my own to call home, right around the block from my own business,” said Eva Shen, a first-time home buyer and owner of local coffee emporium, Impresso Cafe. “The building is at the center of exactly where I want to be– surrounded by hip hotels, new restaurants and just a few blocks from LA Live and the Staples Center.”

 

Slated for completion in late 2016, TEN50’s exterior is nearly complete and work on the interiors is well underway. TEN50 will feature an approximately 13,000-square-foot indoor/outdoor amenity deck, including “The Fifty”, a private residential lounge that flows seamlessly from the resort-style pool to the therapeutic yoga garden with sweeping city views, as well as the country’s first air-delivery-ready drone landing pad.

To help beat out other buyers to the best deals by putting the buyer’s interests above the seller’s interests, Downtown home shoppers can get free home buyer protection that includes priority access, proprietary information, free home warranty, $10,000 Savings Guarantee and a Love Your Home Guarantee at no cost to the buyer.  Call Downtown new home specialist Corey Chambers at (213) 880-9910 or visit www.LoveYourHomeGuarantee.com.

Get free information on new homes in Downtown Los Angeles. Fill out the online form:

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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, seller 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.

Bunker Hill Breaks Out – The Once Stodgy Neighborhood is Turning Cool #lofts #dtla

Bunker Hill Tower Loft

What was a few years ago beginning to look like a gerontology ward is today turning stylish.  I remember a while back showing a unit for lease at Bunker Hill Tower condos to a young couple who were new to Downtown.  When they observed the people coming out of the building, including a gray guy walking, inching along very slow with his walker, my renter clients said “this is not the place for us.”

Built in 1968, the Bunker Hill Tower luxury condominium building is still largely maintained exceedingly well, and has an excellent reputation for quality.  But with its seasoned residents, dated rules (absolutely no dogs or cats), no washer and dryer in most units, the building and its surrounding neighborhood were utterly lacking the turn-of-the-century historic vibe, and devoid of the renaissance spirit that abounds in the Arts District and Historic Core neighborhoods of DTLA.

Today, that is changing.  Now, when walking into the Bunker Hill Tower, we are more likely to see more fresh faces of energetic artists. Along with that, more of the once outdated condominium interiors are getting revamped, renovated and remodeled to a modern style.  One such unit has been completely loftized, removing the old wall-to-wall carpet and replacing with a more desirable lofty original, polished concrete. The ordinary ceilings have been pushed up to create high ceilings.  The late 60’s apartment-style condo doldrum has been transformed into an exciting 2,200 sq ft open-concept loft.  With large high-end Sub-zero style stainless steel kitchen appliances, a sprawling modern 5-star hotel style bathroom, along with jetliner views, this condo unit has been aptly dubbed the “Bunker Hill Loft“.  Currently a top secret location, the unit will be revealed to the public soon at www.BunkerHillLoft.com

bunker-hill-metro-stationA new Bunker Hill Metro Station is under construction that will soon link the neighborhood to the Blue Line for a quick jaunt to the Arts District.  The station and connector line completes a 1.9-mile gap between the Metro Blue Line and the Metro Gold Line. It will also make for a faster trip to Long Beach or Santa Monica.  The brand new station will be located right by the Disney Concert Hall, Broad Museum and Bunker Hill Tower condo building.

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Get more information about Bunker Hill Loft. Fill out the online form:

Copyright © 2016 This free information provided courtesy Corey Chambers, Realtor, Realty Source Inc BRE#01889449 We are not associated with the developer, homeowner’s association or building management. For more information, contact (213) 880-99910 or visit LAloftLease.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, seller or renter is already under contract with another broker.


Downtown Los Angeles Real Estate News

JUST LISTED FOR LEASE WILSHIRE DOWNTOWN LOS ANGELES

Details are at:

http://www.laloftblog.idxco.com/idx/11753/details.php?idxID=240&listingID=16129618

Call for more information or to schedule a viewing (213) 880-9910

Corey Chambers, Realty Source Inc BRE#01889449