Arts District – Page 49

April 3, 2015

SOLD Lofts Downtown Los Angeles

Downtown Continues to Provide the Most Amazing Investments

Check out how much this Barker Block loft just went for:

530 S HEWITT ST #242 LOS ANGELES, CA 90013

$620,000

Sold

14-815595

Sold

Area: (42) Downtown L.A.
Subdivision:
Property Type: Residential Condo/Coop
Bedrooms: 1
Bathrooms: 1.00 (1 0 0 0 )
HOD: $396.49
Building/Living Area: 1,090/AS
Land Type:

Rooms: Loft

Equipment: Alarm System, Cable, Dishwasher, Dryer, Elevator, Garbage Disposal, Intercom, Microwave, Range/Oven, Refrigerator, Satellite, Stackable W/D Hookup, Washer

Remarks: One of Barker Block’s widest open floor plans in downtown LA’s premier live/work residence. Century-old rafters, posts and beams. Hardwood floors. A concrete wall adds extra texture to this cozy upgraded space. Wired for surround sound. Integrated Miele refrigerator & dishwasher. Integrated Asko washer/dryer unit with built in cabinetry w/ironing board/stone top/shelving above hamper. S/S gourmet kitchen w/ Caesarstone countertops/island, huge designer bath, one covered/secured parking space. Resort-style rooftop pool, spa, fitness center, fireplace. 24/7 Security. Free common area WIFI. New outdoor lounge w/ firepit. Across from Urth Caffe, the LA Cleantech Incubator & public park opening 2015. Central to all Fwys. Close to all studios. Near USC; walk to SciArc, Goldline, DASH bus, MOCA, Little Tokyo, Zinc Cafe, local dog park, Urban Radish, hip new eateries, shops, taverns, flea mkt. all in the burgeoning Arts District.

>> MORE

Taking a look at what condominiums and lofts in Downtown Los Angeles have sold for is a great way to educate yourself on the marketplace. Knowing what a nearby home sold for can help you determine what your home might sell for if you decided to put it on the market. We can give a head-start by giving you privileged access to a FREE computerized printout of recent Home Sales and Current Listings sent to you at No Cost or Obligation.

Broker/Agent does not guarantee the accuracy of the square footage, lot size or other information concerning the conditions or features of the property provided by the seller or obtained from Public Records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals. Copyright © 2015 by The MLS(TM). Information deemed reliable but not guaranteed. This email was sent by Corey Chambers CalBRE# 01889449 (corey@laloft.org)

March 25, 2015

Elon Musk’s Hyperloop Comes to Downtown Los Angeles

Company developing Elon Musk’s Hyperloop is setting up shop in an Arts District warehouse in Downtown L.A.

The Hyperloop, an idea developed by technology oracle Elon Musk, will transport passengers in capsules through a pneumatic tube at more than 700 miles per hour.

The Los Angeles Times recently reported that Hyperloop Technologies, a company involved with the supersonic transportation plan, has leased warehouse space, and is now quickly hiring new engineers, technicians and other staff at the 6,500 sq ft Downtown industrial space. The company has also contracted for an additional 32,000 sq ft of space in the Arts District neighborhood.

Given as a free intellectual property gift to the public by Musk in 2013, the Hyperloop has attracted experts in technology and finance, raising around $29 million so far. The train of the future will implement a combination of vacuum tubes, rail gun and air skids to shoot passengers and freight at speeds of 750 mph, zooming from Los Angeles to San Francisco in 3o minutes.

Located at the South-east edge of Downtown’s Arts District by the Los Angeles River and railroad tracks, Hyperloop has chosen a nondescript industrial building to work out of, but the gentrifying Arts District neighborhood has become a hotspot of creative types, and now boasts an assortment of trendy, new restaurants and stores, including a Stumptown Coffee roastery, the Greenbar Craft Distillery liquor company, Bestia and Factory Kitchen restaurants and the artsy bar Villains Tavern.