The Terrace LA – New 3-Story Townhomes with Views of Downtown Los Angeles

1015 Figueroa Terrace, Los Angeles, CA 90012 #theterrace #figueroaterrace

THE TERRACE FOR SALE   |   FOR LEASE   |   SOLD   |   UNLISTED

The Terrace LA (concept picture)

Downtown Los Angeles  —  To really enjoy all that the big city has to offer, there should be no need to sacrifice comfort, convenience, lifestyle, nature or privacy. Finally, all of those indispensable elements come together for the first time as the area’s newest residences are under construction nestled on the hill between Downtown, Elysian Park, Chinatown and Echo Park.

The Terrace Los Angeles new development is now under construction above Downtown L.A. with views of the skyline and Dodger Stadium in Elysian Park. The developers promise to soon deliver the homes situated high above DTLA, a new gated community that “awakens the senses and inspires movement throughout your day.” Featuring 45, 3-Story townhomes each with stunning views, chic interiors and easy access to work and play, The Terrace is “guaranteed to change on how you live LA,” according to the builder.

OWN A BETTER VIEW AT THE TERRACE

The developer is expected to begin scheduling showings of the new build homes in the coming months. 45 modern town homes from the mid-

Terrace Downtown Los Angeles Rooftop Outdoor Space and Views

$700,000’s with smart 1,700 sq ft floor plans, master walk-in, built-out closets, modern fixtures and finishes, Bosch appliances, private balconies and patios, spacious 3-bedrooms, 2.5 baths, DTLA and Dodger Stadium Views, pet-friendly community.  The development was once thought to include private 2-car garages for each unit, but it looks as though it is actually just a gated community garage. The older condo townhomes at the condo complex next door each have private 2-car garages. Get on the interest list for all of the upcoming new details.

A Better Way of Life?

Taking a look at the construction site, it looks like some units will get the lion’s share of light and views while others will be relatively dark and viewless. Beat out other buyers to the best deals. Get priority access and privileged information on The Terrace and other Downtown developments. Get on the new homes interest list. Fill out the online form:

THE TERRACE FOR SALE   |   FOR LEASE   |   SOLD   |   UNLISTED

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The Terrace DTLA (under construction)

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 Homes For Sale Los Angeles and Downtown – Update: Condos by L.A. River More Than 50% Sold

Real Estate News Downtown Los Angeles and Nearby Communities

The new condos on the LA River are now more than 50% sold.   #lariver #newhomes

New Homes For Sale Los Angeles River Condos
New Homes For Sale Los Angeles River Condos – More than 50% Sold

There are 3 units remaining under $500,000 and 2 of those are facing the river near Downtown Los Angeles. Get on the New Homes Interest List or see how to compare new home purchase to resale at www.NewHomesLA.com.

Homes For Sale Los Angeles River
Homes For Sale Los Angeles River – Moving In

The two new condo units priced at around $499,000 are expected to be sold quickly, likely within the next week or two.  Over 50% sold means that the project is a success and the buyer can use nearly any lender because the home loan mortgage companies now recognize that the development is not likely to fail, and there is little or risk involved now that the condos have achieved triumphant progress.

River Single Family Homes Los Angeles
New single family homes and duplex houses by the Los Angeles River. Phase 1 Sold Out.

Across the river, the other new development, single family homes and duplex houses on the north side of the Los Angeles River have sold out the first phase. The model home is now for sale, and the newest phase is expected to start selling sparkling newly built houses in the next few months with prices starting in the high $600,000s.

In addition to the relatively small number of traditional new condos and houses, the bulk of new homes in the area are the thousands of new construction high-rise condominium units for sale in the tower buildings that are popping up in Downtown’s newer South Park district.

OceanWide Plaza, Circa and other new highrise residences Downtown LA
New highrise residences Downtown LA

The L.A. Loft Blog recently reported that some of the highrise buildings are uniquely positioned, while others are at risk as they may represent a potential glut due to the large number of cookie-cutter new-highrise developments with large numbers of units that the builders will need to try to sell in order to be profitable.  Some modern condo owners such as those at nearby Evo, Luma and Elleven buildings have already started to panic, causing a softening of South Park modern loft prices, due to the coming throngs of brand new condo units for sale in the South Park district neighborhood of Downtown Los Angeles.

Get a list and priority access to new homes under construction, along with new build homes that are ready for move-in. Fill out the online form:

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SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $30,000,000
Browse by Building  |  Neighborhood  |  Size  |  Bedrooms  |  Pets  |  Parking  |  More

New Homes Los Angeles River For Sale
New Homes Los Angeles River – Officially Successful Condominiums For Sale

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.