neighborhoods – LA Loft Blog

REAL ESTATE NEWS (Los Angeles, CA) — If you’re a resident, landlord or investor interested in Downtown Los Angeles (DTLA), you should be aware of the Downtown Los Angeles Neighborhood Council (DLANC). This local body plays an essential role in shaping community policies and advocating for the people in areas ranging from public safety and housing to transportation and more. The DLANC is at the forefront of current pressing issues, such as the proposed transformation of First and Broadway (FAB) from a civic park to a “temporary” homeless residence. | LIVE/WORK LOFTS

What is the Downtown Los Angeles Neighborhood Council (DLANC)?

DLANC is a community-based governmental body that advises the City of Los Angeles on various critical issues affecting downtown residents. Composed of volunteer city officials, DLANC is governed by a 241-member Board of Directors, elected by the community every two years. The board represents diverse backgrounds, including residential owners, business owners, social service providers, and homeless residents. It is subdivided into five board officer positions, nine standing committees, and appointed liaisons and alternate board members, providing a comprehensive representation of the community’s needs.

Areas of Focus

Land Use: DLANC reviews and provides recommendations on development proposals, zoning, and planning.
Homelessness: Advocacy on homeless issues, including shelter locations and outreach services.
Housing Land Use: Recommendations on affordable housing, rent control, and other housing matters.
Public Safety: Focused on improving the safety of residents, visitors, and businesses in the area.
Transportation: Influences public transit policies, pedestrian safety, and traffic conditions.
Importance of Participation: Case Study of First and Broadway (FAB)

We’ve received word from some DTLA loft concord residents regarding their concerns: Recently, a coalition meeting was held to discuss De Leon’s proposal for FAB. The meeting included concerned residents, business owners, and representatives from various organizations. Among those in attendance were Samir Batir, DLANC’s Treasurer and Historic Core representative, and Jeff Lumer, owner of city-wide Joe’s Auto Parks.

The community expressed concerns about retaining and acquiring new commercial leases in the wake of existing challenges. Discussions also touched upon the further potential harm De Leon’s plan could do to residential, tourism, and business growth in DTLA.

How to Get Involved

If you oppose De Leon’s proposal for FAB or have other concerns affecting the community, the first step is to attend the upcoming DLANC Board of Directors meeting.

Details:

Date: Tuesday, October 10
Time: 6:30 PM
Your presence is critical as the DLANC Livability Committee has already drafted a letter in support of De Leon’s proposal. If you can’t attend, you’re encouraged to send a letter to the DLANC Board by Monday, October 9.

Useful Links:

DLANC Board of Directors
DLANC Calendar

The Downtown Los Angeles Neighborhood Council provides a valuable platform for local voices to be heard on critical issues. Whether you are a homeowner, renter, landlord, or investor, getting involved in DLANC can provide significant influence in shaping the future of Downtown LA.

By taking part in these community efforts, you’re not just a spectator but an active contributor to the well-being and advancement of Downtown LA.

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HOLLYWOOD HOMES FOR SALE | FOR LEASE | UNLISTED

The Star-Studded Neighborhood You Could Call Home

When you think of Hollywood, images of movie premieres, glamorous award shows, and celebrities strutting down the Walk of Fame probably come to mind. But Hollywood isn’t just an entertainment capital; it’s also a dynamic residential neighborhood with a rich history and a thriving real estate market. If you’re considering making a move to this iconic area, read on to discover the unique mix of glamour and everyday living that Hollywood offers.

A Brief History

Founded in 1887, Hollywood was initially an independent community that later merged with Los Angeles in 1910. Since then, it has grown to become synonymous with the U.S. film industry, which planted its roots here in the early 20th century. The first-ever film studio in Hollywood was established in 1911, and it wasn’t long before major companies like Paramount and Warner Bros. followed suit.

Living in Hollywood: An Overview

Real Estate Market
Hollywood offers a range of properties suitable for all sorts of buyers, sellers, renters, and investors. From the vintage charm of craftsman homes to sleek modern condos overlooking the city, there’s something for everyone here.

Living in Hollywood offers a unique blend of glamour and practicality, and nowhere is this more evident than in the area’s residential live/work lofts. Perfectly suited for modern professionals who crave both convenience and style, these lofts offer expansive, open floor plans that can be customized to suit both living and working needs. Imagine stepping out of your building and immediately finding yourself amidst the iconic stars on the Hollywood Walk of Fame. Whether you’re an artist, an entrepreneur, or anyone in between, a live/work loft in Hollywood gives you the flexibility to balance your professional life with the vibrant culture and excitement of one of Los Angeles’s most famous neighborhoods. It’s not just a residence; it’s a lifestyle choice that places you in the heart of creativity, innovation, and fame.

Single-family homes: The median listing price as of 2023 is around $1.5 million, but prices can fluctuate based on location and amenities.
Condos and apartments: The rental market is also diverse, with average rent for a one-bedroom apartment hovering around $2,300 per month.
Investment opportunities: For those looking to invest, Hollywood offers a strong rental market thanks to its tourist attractions and steady influx of aspiring artists.
Lifestyle and Amenities
Entertainment: From the historic TCL Chinese Theatre to the Hollywood Bowl, there’s never a shortage of things to do.
Dining: Enjoy a culinary journey from upscale dining experiences like Yamashiro Hollywood to casual but iconic eateries like Pink’s Hot Dogs.
Outdoor Activities: Runyon Canyon and Griffith Park offer great hiking opportunities and stunning views of the city.
Education: Hollywood has several public and private schools that cater to families living in the area, as well as being close to institutions like the Los Angeles Film School for higher education.
Safety and Community
Like any bustling urban area, safety can be a concern, but Hollywood has been working diligently to increase its security measures. Neighborhood Watch programs and a significant police presence contribute to making residents feel safe.

Transportation
Public transport is quite accessible with metro stations like the Hollywood/Highland and Hollywood/Vine offering convenient options for daily commuting.

Investment Potential: A Spotlight

Given its iconic status and evergreen appeal, Hollywood remains a hotspot for real estate investment. Here are some reasons why:

Tourism: As one of the most visited places globally, short-term rental opportunities are lucrative.
Job Market: The entertainment industry offers a plethora of job opportunities, driving housing demand.
Future Developments: Plans for further development of public transport and amenities are on the horizon, which could increase property values.

Discover Hollywood: The Glamorous Neighborhood You’ll Want to Call Home

Hollywood isn’t just for the stars; it’s a diverse and vibrant community perfect for entertainment-oriented families, young professionals, and investors alike. With its rich history, wide range of amenities, and investment potential, Hollywood shines as a residential neighborhood as much as it does an entertainment powerhouse.

HOLLYWOOD HOMES FOR SALE | FOR LEASE | UNLISTED

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