Compare this $1,500 Historic Condo Unit to the $15,000 Downtown Los Angeles Luxury Loft Apartment

Two recent rental transactions help illustrate the breadth of the urban income properties in L.A. Loft Blog readers get access to all of the info. Get the scoop on the nicest of affordable rentals, to the biggest and the best. What do you get for $1,500 vs what comes with the much more expensive $15,000 per month super huge, upscale loft?

A Tale of Two L.A. Rentals: Comparing the Historic Condo Unit on James M Wood Blvd to the Luxury Loft on Broadway

As the Los Angeles rental market continues to evolve, two recent transactions offer a fascinating study in contrasts. Today, we’re exploring two distinctive options in urban living: a historic condo unit at 2121 James M Wood Blvd #315, which was leased for $1,450 per month, and an expansive downtown loft at 808 S Broadway #7th Floor, commanding a rental price of $15,000 per month.

The Glen Donald vs. The Singer

Los Angeles is a city of contrasts, especially when it comes to real estate. The rental market is a perfect example, offering everything from cozy studio apartments to luxurious multi-bedroom lofts. Two recent rental transactions in Downtown L.A. underscore this variety. This piece delves into these two distinct properties: a $1,500 per month historic residential condo in the Glen Donald Building and a $15,000 per month luxury loft in The Singer Building managed community of live/work rental income apartment units.

Location, Location, Location

The James M Wood condo is nestled in the Westlake neighborhood, known for its vibrant urban environment and proximity to Downtown LA. The neighborhood offers a mix of unique shops, and diverse restaurants. Nearby, the Metro station provides easy access to the city’s Red and Purple lines. The Glen Donald is located within walking distance of Downtown, near MacArthur Park, placing it at the heart of a vibrant urban community rich in history.

The Broadway loft, on the other hand, is right in the heart of Downtown L.A.’s Fashion District. This prime location is perfect for those who appreciate the convenience of having a wealth of dining, shopping, and entertainment options within walking distance. The Singer, nestled on Broadway among popular landmarks such as the Tower Theater Apple Store and flagship stores of Vans and Urban Outfitters, offers unparalleled access to shops, restaurants, and public transportation.

Comparing Amenities

While both buildings are gated for security, the parking amenities differ. The Glen Donald does not include parking, whereas The Singer provides two parking spaces.

The condo on James M Wood offers a unique, cool pad with vintage charm. Key features include exposed brick, hardwood floors, separate kitchen, vintage style bath tub, and city views. The building provides a variety of amenities such as a large lobby lounge, basement multipurpose room, fitness room, and bike storage. Pretty impressive for a small affordable unit — lovely historic style.

In contrast, the Broadway loft offers luxury and privacy in abundance. The loft, a former Beaux-Arts building turned luxury live/work space, offers the entire floor with no adjacent neighbors. Key features include a wraparound kitchen, open living area, flexible space that can serve as an office or additional bedrooms, and large patios with city views. The building has secured entry, elevators, and parking.

Lease Terms and Inclusions

The lease terms for the condo are 1+ year, with the tenant responsible for a move-in fee, move out fee, and insurance. The rent includes water, gas, trash, and electric utilities.

The lease terms for the loft on Broadway are not specified, but tenants are responsible for cable TV and electric costs. A pet deposit of $500 is required for pet owners.

Size and Layout

The Glen Donald condo, situated in the heart of the Westlake neighborhood, offers 460 sq ft of cozy vintage charm. This studio apartment features a practical, traditional layout suitable for singles or young couples. The unit presents a unique layout with a separate kitchen, large closet, plus a dressing room with additional storage space.

On the other hand, The Singer loft, located in the bustling Downtown district, boasts a generous 6,000 sq ft of sprawling live/work space. Its modern, open floor plan provides flexibility for multiple bedrooms or offices, making it ideal for business people with visiting clientele. The floor plan is open and flexible, allowing residents to create distinct spaces for living and working.

Historical Significance and Style

Both buildings date back to the 1920s, boasting historic charm. The Glen Donald, constructed in 1923, retains a vintage aura that could benefit from additional restoration. The Singer, built in 1922, has been recently renovated to blend its historic allure with modern luxury.

The James M Wood unit is part of the Glen Donald building, a classic 1923 construction that offers a uniquely cool pad with vintage charm. Its style is reminiscent of traditional low rise buildings with modern conveniences.

The loft on Broadway is situated in The Singer DTLA, a renovated Beaux-Arts building dating back to 1922. Its architectural style is modern, with expansive, open spaces and large patios that enhance the connection with the outside.

Views and Noise

The Glen Donald offers beautiful 3rd-floor views of the surrounding neighborhood and city, accompanied by the familiar hum of urban city noise and occasional building sounds.

The Singer, on the other hand, promises stunning 7th-floor views of Downtown and Los Angeles, with urban city noise set against a backdrop of minimal building sounds.

Occupancy Rate and Turnover

The occupancy rate is high for both properties, reflecting their desirability: 99% for The Glen Donald and 100% for The Singer.

Property Taxes and Utilities

The property tax is covered by the owner in both cases. As for utilities, The Glen Donald includes electricity and most utilities in the rent. At The Singer, tenants pay for their electricity.

Final Comparison

The contrast between the historic condo at James M Wood and the luxury loft on Broadway showcases the diverse range of rental options in Los Angeles. With exposed brick and historic character in both, the Singer delivers multiple new luxury bathrooms, a full modern, new luxury chef’s kitchen, high ceilings, massive walls of large windows and semi-private elevator entrance. Whether you appreciate the charm of a historic building or seek the privacy and luxury of an entire floor downtown, the city offers a wide range of choices to match every lifestyle and budget.

Ultimately, the Glen Donald and The Singer represent two very different ends of the L.A. rental market spectrum. The former is a tribute to the city’s historic charm, offering a compact, practical space ideal for individuals or couples. The latter is a testament to L.A.’s modern luxury, with its spacious, flexible layout perfect for professionals seeking a sophisticated live/work environment. Each property, in its unique way, captures the essence of Los Angeles living.

Get a free list of affordable artist lofts or upscale luxury live/work lofts for lease or for sale in Los Angeles. Fill out the online form:

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Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Broker DRE 01889449. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Text and photos created or modified by artificial intelligence. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

The Roommate Ideal: Peaceful Living in a Bustling Downtown LA Condo with Balcony and Views

REAL ESTATE NEWS (Los Angeles, CA) — Have you ever dreamt of living in a luxury Downtown LA condo with a balcony and views, experiencing the vibrant urban lifestyle, yet also desiring your personal space and tranquility? If this speaks to you, then we’ve got the perfect living arrangement that will appeal to your heart: an incredible 2 bedroom, 2 bathroom condo in Skyline Condominiums, fully furnished and available right now! And the best part? You will share this living space with the most ideal roommate you could ask for: one who is rarely at home. That’s the ideal way to get the luxury lifestyle and prime location at 600 W 9th St, including covered parking for only $1,750. | PROPERTY DETAILS

The Roommate Phenomenon and the Beauty of a Rarely Present Roommate

Sharing a living space with a roommate can be a mixed bag. There are advantages to having a roommate, such as cost savings, companionship, and shared responsibilities. However, this arrangement can also come with its own set of challenges: invasion of privacy, differences in living habits, and sometimes, constant interaction that can be too much for those who value their solitude.

But what if you get all the benefits of having a roommate and avoid the typical downsides? The answer lies in having a roommate who is rarely at home. You get to share the cost, have your own personal space, enjoy peace and quiet, and yet have the assurance of security that comes from not living alone.

In this case, the owner of the condo, a professional male who travels frequently, only uses the condo a few weeks per month. This ensures that you can experience the benefits of roommate living, while enjoying ample time and space to yourself.

Live the Downtown LA Dream

This condo is located in the Skyline Condominiums, one of Downtown’s earliest full-service buildings. Renovated in 2008, this upscale building offers a luxurious living experience with top-notch amenities.

With walking distance to L.A. Live, Crypto.com Arena, Nokia, Macy’s Plaza, shops, clubs, and transportation, you will have access to the best that downtown LA has to offer. Whether it’s enjoying a Lakers game, shopping in trendy stores, dining in high-end restaurants, or simply exploring the city’s vibrant nightlife, all these conveniences are practically at your doorstep.

Enjoy the Comforts of High-end Living

The condo, with its open floor plans, spacious balcony, and glass sliding doors, offers a spectacular view of the city lights and the skyline. As a resident, you will have your own bedroom and bathroom, and full access to all of the condo, excluding the owner’s master bed/bath.

You will also enjoy all the building features: full security, concierge services, an exercise room, a beautifully landscaped resort-style pool with two spas, a recreation room with a full kitchen, and racket ball courts. To top it off, secured underground parking and guest parking are also available, ensuring convenience and safety for both you and your visitors.

Whether you’re considering a month-to-month or annual lease option, this setup provides flexibility to meet your individual needs.

Renting a room in this Downtown LA condo presents a unique opportunity. It’s a chance to experience the best of city living with all the peace and privacy you could want, thanks to the ideal situation of having a roommate who is often away. Enjoy the downtown happenings, relish in the high-end amenities, and embrace the comfort of a space that can be both shared and solely yours. The perfect balance in a roommate situation is here, waiting for you in Downtown LA.

How to Find the Best Roommate in Downtown Los Angeles

Finding the perfect roommate is crucial for a harmonious living arrangement, especially in a bustling city like Downtown Los Angeles. Whether you’re a student, young professional, or simply looking to share expenses, having a compatible and reliable roommate can make urban living more enjoyable and affordable. Popular website for finding roommates include: Craigslist, Facebook, Roommatch.com. The process of finding the right roommate can be daunting. This article will guide you through the steps to help you find the best roommate in Downtown LA. From understanding your lifestyle and preferences to finalizing the roommate agreement, we’ll explore essential aspects to consider and provide practical tips for establishing a successful roommate relationship.

  1. Understanding Your Lifestyle and Preferences

1.1 Assessing your lifestyle and habits

Finding the perfect roommate starts with understanding your own lifestyle and habits. Are you an early bird or a night owl? Do you enjoy hosting parties or prefer quiet nights in? Take some time to reflect on your daily routines and preferences, as this will help you identify what kind of roommate would be the best fit for you.

1.2 Identifying your preferences in a roommate

Once you’ve assessed your own lifestyle, it’s important to identify your preferences in a roommate. Do you prefer someone who is tidy and organized or are you more laid-back about cleanliness? Are you open to living with someone who has pets or do you have allergies? Consider factors such as cleanliness, social preferences, and any deal-breakers you might have.

  1. Researching Potential Roommate Options

2.1 Exploring online roommate platforms and communities

The internet is a goldmine for finding potential roommates in downtown Los Angeles. Explore online roommate platforms and communities that allow you to filter your search based on criteria such as location, budget, and lifestyle preferences. Take the time to read through profiles and reach out to individuals who seem like a good match.

2.2 Seeking recommendations from friends and colleagues

Don’t underestimate the power of personal connections. Ask your friends, colleagues, or even your network on social media if they know of anyone looking for a roommate in downtown Los Angeles. Not only can they vouch for the person’s character, but it also increases the chances of finding someone who shares common interests and values.

  1. Conducting Interviews and Background Checks

3.1 Preparing a list of interview questions

Once you’ve narrowed down your options, it’s time to conduct interviews. Prepare a list of questions that cover areas such as daily routines, expectations, and past roommate experiences. This will help you gauge compatibility and get a better understanding of how well you might get along.

3.2 Evaluating potential roommates’ backgrounds and references

While interviews give you a sense of someone’s personality, it’s also important to conduct background checks and ask for references. This can include checking their social media profiles, running a quick online search, or even reaching out to their previous roommates or landlords. Remember, it’s always better to be safe than sorry.

  1. Setting Clear Expectations and Discussing House Rules

4.1 Establishing shared responsibilities and household chores

To ensure a harmonious living situation, it’s crucial to set clear expectations and discuss house rules. Talk about shared responsibilities and establish a system for dividing household chores. By addressing these matters upfront, you can prevent misunderstandings and conflicts down the line.

4.2 Discussing personal boundaries and privacy

Respecting personal boundaries and privacy is essential for a healthy roommate relationship. Have an open conversation about individual needs for alone time, visitors, and personal space. Establishing boundaries from the beginning will create a living environment where everyone feels comfortable and respected.

Remember, finding the best roommate is not just about finding someone who pays their rent on time but also someone you enjoy spending time with and who complements your lifestyle. So keep these tips in mind, but also trust your instincts and go with the roommate who feels like the right fit for you. Happy roommate hunting!

  1. Assessing Compatibility and Communication Skills

5.1 Observing compatibility during initial interactions

When looking for the perfect roommate in Downtown Los Angeles, it’s important to assess compatibility right from the start. Take note of how well you get along during initial interactions. Do you have similar interests, lifestyles, and schedules? Are you both tidy or more laid-back when it comes to cleanliness? These initial observations can give you a good sense of whether you’ll be able to live harmoniously together.

5.2 Assessing communication styles and conflict resolution abilities

Good communication is key to a successful roommate relationship. During your interactions, pay attention to how well you communicate with each other. Are you able to have open and honest conversations? Do you feel comfortable expressing your needs and concerns? Additionally, assess how the potential roommate handles conflicts. Are they open to compromise and willing to find solutions together? These skills are essential for maintaining a healthy living environment.

  1. Evaluating Financial Responsibility and Budgeting

6.1 Discussing budgeting expectations and handling of expenses

Living in Downtown LA can be expensive, so it’s crucial to discuss financial responsibilities upfront. Sit down with your potential roommate and have an honest conversation about budgeting expectations and how expenses will be handled. Will you split bills and rent equally, or do you have a different arrangement in mind? Make sure you’re on the same page when it comes to finances to avoid any surprises down the line.

6.2 Verifying financial stability and ability to pay rent

In order to avoid any potential headaches, it’s essential to verify your potential roommate’s financial stability and ability to pay rent. Ask for proof of income or references from previous landlords to ensure they have a steady income and a history of meeting their financial obligations. This step will help ensure a smooth living situation without any unexpected financial strain.

  1. Finalizing the Roommate Agreement and Lease

7.1 Drafting a comprehensive roommate agreement

Once you’ve found the perfect roommate, it’s important to draft a comprehensive roommate agreement. This agreement should outline important details such as rent payment schedules, house rules, shared responsibilities, and any other relevant provisions. Having a clear and agreed-upon agreement will help prevent misunderstandings and conflicts in the future.

7.2 Understanding lease terms and responsibilities

Before signing a lease, it’s crucial to carefully read and understand the terms and responsibilities outlined in the lease agreement. Make sure you and your roommate are aware of your rights and obligations as tenants. If there are any questions or concerns, don’t hesitate to seek clarification from your landlord or a legal professional. Understanding the lease terms will ensure a smooth renting experience.

  1. Maintaining a Healthy Roommate Relationship in Downtown LA

8.1 Establishing open lines of communication

To maintain a healthy roommate relationship in the hustle and bustle of Downtown LA, it’s important to establish open lines of communication. Regularly check in with each other, discuss any concerns or issues, and be receptive to feedback. By fostering an environment of open communication, you can address problems before they escalate and maintain a positive living situation.

8.2 Resolving conflicts and addressing issues promptly

Conflicts are bound to arise in any roommate relationship but addressing them promptly is key. When conflicts arise, approach them calmly and respectfully. Listen to each other’s perspectives and work together to find a resolution. Avoid letting conflicts fester and instead address them proactively. With a little patience and understanding, you can navigate through any challenges that come your way in Downtown LA.
By following these steps, you can increase your chances of finding the best roommate in Downtown Los Angeles. Remember, it’s important to take the time to evaluate compatibility, communicate openly, and set clear expectations from the beginning. A good roommate can contribute to a positive living experience, enhance your social network, and even become a lifelong friend. So, invest time and effort into the roommate search process to ensure a harmonious and enjoyable living arrangement in the vibrant heart of Los Angeles.

FAQ

  1. How do I determine if a potential roommate’s lifestyle is compatible with mine?

Assessing lifestyle compatibility involves considering factors such as cleanliness, social habits, work schedules, and noise preferences. Discussing these aspects during the interview process can help gauge compatibility. Additionally, requesting references from previous roommates can provide insights into their living habits.

  1. What should be included in a comprehensive roommate agreement?

A comprehensive roommate agreement should cover essential aspects such as rent and utility payment responsibilities, house rules, guest policies, shared expenses, cleaning duties, and quiet hours. It’s advisable to have a written agreement signed by all parties to avoid misunderstandings in the future.

  1. How can I handle conflicts with my roommate effectively?

Open communication is key when it comes to resolving conflicts with your roommate. Address any issues promptly and directly, expressing your concerns in a respectful manner. Seek compromise and find mutually agreeable solutions. If necessary, involve a neutral third party or mediator to help facilitate the discussion.

  1. What steps can I take to maintain a healthy roommate relationship?

Maintaining a healthy roommate relationship requires ongoing effort from all parties involved. Regularly communicate and check-in with each other to address any emerging issues. Respect each other’s privacy, shared spaces, and personal boundaries. Establish a system for resolving conflicts and ensure fairness in sharing responsibilities.

Ten Questions to Ask a Prospective Roommate

  1. What is your daily routine like? Are you a morning or night person?
  2. How do you feel about sharing household chores?
  3. Do you have any pets or are you planning to get any in the future?
  4. What are your expectations for quiet hours in the apartment?
  5. What does your social life look like? Do you often have friends over?
  6. How do you handle conflict and disagreements?
  7. Do you smoke or have any other lifestyle habits that may impact shared living?
  8. What are your cooking habits? Do you prefer to cook at home or eat out?
  9. Do you have any allergies or special living conditions that we should be aware of?
  10. What are your long-term plans? How long do you plan to stay in the apartment?

Get a free list of affordable artist lofts in Los Angeles. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

  Lofts For Sale     Map Homes For Sale Los Angeles

SEARCH LOFTS FOR SALE Affordable | PopularLuxury
Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Broker DRE 01889449. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Text and photos created or modified by artificial intelligence. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.