Congratulations to Michael Logan, who will be closing escrow soon on his beautiful Elleven modern soft loft with dramatic wall of floor-to-ceiling windows and south facing city views with bright natural light. The high ceilings and open space are further expanded by two Juliette balconies that allow the lucky new resident to reach out and feel the awe-inspiring sunsets.
The timing to pick up this loft could not be better as prices are a bit lower than they would otherwise be due to recently settled litigation, holiday season, construction of the imposing array of new residential towers that will ultimately add to the value of the rapidly improving neighborhood that is anchored by the Times Square of California, L.A. LIVE. #elleven #lofts
Soft lofts are modern construction buildings with open floor plans, high ceilings with exposed plumbing and heating. A soft loft generally has more finish with drywall instead of concrete or brick.
At 1111 S Grand Avenue, the Elleven building lobby is currently being re-designed with the latest of modern interiors. If you think the lobby looks good in the before picture, wait until we show you the updated lobby coming soon! After all of the commotion of construction settles down, this building’s value will have a particularly big upswing. #southpark #dtla
Get free information on Downtown L.A. loft litigation and lawsuits. Fill out the online form.
With the new construction of huge shiny, super luxury high-rise condominium towers Metropolis, Ten50, OceanWide Plaza and 1133 Hope St, one begins to wonder if Downtown Los Angeles is headed for a high-rise condo glut. #1212flower #southpark
When two huge towers are added onto that at 1212 Flower St., the risk of an upper class housing overage becomes palpable. Let’s explore the need and merits of the new build before jumping to any conclusions. Here’s this week’s real estate news:
One block east of Staples Center and the L.A. Live complex, Onni kicked off construction in October for 1212 Flower Street, a two-tower residential development.
The mixed-use complex replaces the parking lot of a mid-century style office building. The coming new luxury condominium towers shall rise to 40 and 31 stories, and will bring to Downtown LA a whopping 730 residential condo units for sale, along with a modest 8,000 square feet of ground-level retail space.
As with the tower at 820 Olive Street, 1212 Flower is being designed by Chris Dikeakos.
2 Tower DTLA Development Under Construction
The Pico Metro Station now will be sandwiched between high-rises. Metro might need to really upgrade that little station next door. A parking lot near Pico Station is making way for the future residential / retail complex. | NEW HOMES INTEREST LIST
After a recent ground breaking ceremony for its neighboring 1133 S Hope St., the newest Downtown development has begun preparing for construction.
Canadian real estate developer Onni Group has set up the construction zone fencing around the surface parking lot at 1212 Flower Street. The one and a half acre site, next to Pico Station, is scheduled to soon support two of highrise luxury tower condominium buildings that will be one of Downtown’s largest residential buildings full of sparkling new homes for sale. The buildings will contain parking accommodations for up to 830 cars.
Documents filed with the L.A. Department of Planning indicate that the towers that shall be some of the tallest residential skyscrapers in the area. The glass and steel structures have been designed by Canadian Chris Dikeakos Architects of Vancouver, British Columbia.
The property is already home to a 70,000-square-foot office building, which will not be torn down because the 1960s 5-story structure has recently benefitted from several substantial renovations and upgrades, such as a new gymnasium in the basement.
1212 Flower is not the first big construction project done by Onni in the Downtown area. After Level DTLA and 820 S. Olive Street, the company has also purchased the historic Los Angeles Times Building. Onni is expected to tear down part of the Times Building to make way for the construction of a multi-family residential complex. It is not yet known if the Times Building will turn into the “Times Lofts” condos for sale or “Times Apartments” for lease.
The Flower Street project is being heaped on top of an exploding number of new towers that are replacing parking lots all around block across from the east side of the Staples Center. The upcoming new towering Circa apartments and Oceanwide Plaza mixed-use condo / hotel / shopping center developments are among the most spectacular, sprawling and imposing of the bunch.
Get priority access to see the new 1212 Flower Street condominiums for sale and receive new homes photos, descriptions in your email. Fill out the online form:
LA Kings Holiday Ice and Pershing Square Ice Skating Rink #iceskating #dtla
This is the last week to enjoy ice skating at the Pershing Square rink. The LA Live rink has been extended. LA Live is in the South Park district of Downtown LA while the Pershing Square rink is just 8 blocks away between the Financial District and Historic Core.
Ice Skate in a wintery wonderland at LA LIVE. The tree is lit, the ice is frozen for the annual ice skating rink. It’s a new year, but it’s not too late to get into the holiday spirit. Enjoy out door ice skating in Downtown. The LA LIVE rink offers lots of bright lights of an outdoor shopping and recreation area while the Pershing Square venue is in an urban park in the historic section.
Find nearby lofts for sale and for lease in Downtown Los Angeles:
Market Lofts Condominium Downtown LA 645 W 9th St #622 90015
Several applications are in the works, so this Market Loft for lease will probably go fast:
NEW LISTING – GOING FAST! Awesome Market Lofts condo for lease with balcony, walk-in closet, modern kitchen, granite counters, stainless appliances, wood floor, Bosch washer/dryer in unit, pet friendly. Pool, hot tub spa, gym, community rec room, video screening theater, barbecue and 24-hr security front desk concierge. Atop Ralphs Market in the Financial District / South Park by the Historic Core and Restaurant Row, walk to Coffee Bean, UPS Store, fun bars and clubs, restaurants, galleries, Staples Center, Nokia Theater, Convention Center, LA Live, Ace Hotel, Macys Plaza, FIDM, Metro. Market Lofts is among the most sought-after residences in DTLA. This is one of the nicest. See it right away. Call Corey Chambers (213) 880-9910. Details and pictures http://loftla.vflyer.com/home/flyer/home/315494002 | VIDEO
Adding much-needed inventory of homes for sale to Downtown’s booming real estate market, new construction is preferred by more than 50% of home buyers, who find that the sparkling units offer a great value on new architectural style with the latest amenities. #newhomes #dtla
Metropolis – The first phase of the super luxury high-rise condo building is sold out and construction nearly completed. The 2nd phase is selling briskly. The sales office models are available, and the in-building models should be available soon. Metropolis is changing the skyline of Downtown Los Angeles, and provides awesome views. The first phase is nearly complete and sold out. The 2nd phase units are now selling. Call to request an early viewing of the in-building models. DETAILS
Ten50 – Construction is more than half complete, at the new boutique luxury condo building in South Park Downtown, and models are now available for viewing. The in-building models are now available for viewing. In the prime location for new condominiums in DTLA, Ten50 offers modern stylish new units with balconies, views and superb amenities. It even has an drone delivery heliport. DETAILS
Oceanwide Plaza – The mixed use condo building, hotel, shopping and entertainment center concrete pouring is complete and building construction has begun. This massive building will serve to expand and house the huge crowds drawn to the neighboring LA LIVE, Staples Center and Convention Center. DETAILS
River House – 2-story condos on the Los Angeles River are now selling, with the water-facing units going fast. River House is attractive to pioneering Angelinos who want to be the first to live on the revitalizing LA River, and who would like to witness first hand its turn-around with the natural renovation of the river. DETAILS
Market Lofts Condominium Downtown LA 645 W 9th St #622 90015
JUST LISTED – New on the market! Enjoy fabulous loft living in the heart of DTLA and experience the most vibrant lifestyle in this beautiful Market Lofts condominium unit for lease with private outdoor space full-size balcony, sliding glass door, walk-in closet, modern gourmet kitchen with granite countertops, stainless steel appliances, hardwood flooring, Bosch washer/dryer in unit, pet friendly and more! Amenities include swimming pool, Jacuzzi style hot tub spa, fitness center, clubhouse community recreation room, video screening room theater, outdoor BBQ grill and 24 hour security front desk concierge. Above Ralph’s Market in the Financial District / South Park by the Historic Core and Restaurant Row, walk to The Coffee Bean and Tea Leaf, Quiznos, UPS Store, lively bars and nightclubs, specialty eateries, art galleries, Staples Center, Nokia Theater, Convention Center, LA Live, Ace Hotel, Macys Plaza, FIDM, transportation including Metro Station. Market Lofts is one of the most sought-after residences in DTLA and this unit it one of the nicest. See it today. Call Corey Chambers (213) 880-9910. Details and photos at http://loftla.vflyer.com/home/flyer/home/315494002 | VIDEO
As prices continue briskly skyward in Downtown Los Angeles, prospective new Downtowners are looking for the best deal possible. The L.A. Loft Blog is today providing the best real estate news in the form of the top picks in condos for sale, lofts for sale, lofts for lease and the top choice of apartments for lease. Here’s this week’s top pick in each of these four categories:
Best Deal on a Condominium For Sale – This week’s top pick on a Downtown condo for sale is a lofty one! The Bunker Hill Loft is the only loft-style renovation at the well-known luxury high-rise Bunker Hill Tower. As the most hip condo unit for sale today in Downtown L.A., with polished concrete floors and raised high ceiling, the Bunker Hill Loft is also the lowest price per square foot of all Downtown high-rise condos with a view. Visit www.BunkerHillLoft.com.DETAILS AND PHOTOS or get 24-hour recorded information by calling 1-800-791-4541 ID#2305.
Top Pick on a Loft Rental – This authentic live-work Beacon loft has open floor plan, bright south-facing windows with views of Arts District street art, bringing the greatest combination of gritty and pritty. It also features a modern kitchen and bathroom. The polished concrete metallic epoxy floor and concrete features give awesome industrial character — all for the lowest price of any loft in the Art District. DETAILS AND PHOTOS or get 24-hour recorded information by calling 1-800-791-4541 ID#1407.
Best Deal on a Loft For Sale – Flower Street has long been the best-kept secret, most authentic industrial loft and best deal in the South Park neighborhood of Downtown LA. This loft just listed has a view, open space, palatial ceiling height, views, large bathroom, walk-in closet, modern kitchen and every other feature one could want, just a block away from the most exciting place on Earth, LA LIVE. DETAILS AND PHOTOS or get 24-hour recorded information by calling 1-800-791-4541 ID#1040.
Top Pick on a Downtown Apartment Rental – Most new construction rental apartments in Downtown bring a yawn at best, while one new apartment complex stands out from the crowd for its creative location and appropriate design. The Garey Building replaced the demolished iconic Megatoy building, which is sad, but the developers did not skimp on the design of the new large apartment complex. With a combination of brick-clad street level retail, and modern apartment atop, the Gary Building also includes its own large walk-through promenade that helps to connect the temples of Little Tokyo to the modern creativity and modern excitement of todays Arts District. Get on the interest list. Fill out the online form:
Have you ever seen the perfect home that was sold before you had a chance to see it?
The best deals go fast, but many of the best deals are sold before the public ever knows about them. That happens more often than one might think. Up to 45% of the best deals on lofts and condos in Downtown are not on the internet, and not available to most real estate agents. Most buyers miss them. Here’s how to get access to the best pocket listings, unlisted and off-market properties for sale.
Some pocket listings are not even pocket listings yet. For example, here is a beautiful Luma luxury loft by L.A. Live that is not listed, but buyers can get in to see the vacant property and place any offer if they want: