Old Bank District Neighborhood Downtown Los Angeles

Old Bank District is a Neighborhood in Downtown LA

OLD BANK DISTRICT FOR SALE  |  OLD BANK DISTRICT FOR LEASE

Old Bank District Lofts for Sale Downtown Los Angeles (Stephen Friday, via Wikimedia Commons)Located in the Historic Core of Downtown Los Angeles, the Old Bank District provides an ever-expanding assortment of dining, pubs, art venues, shops and entertainment for Downtown loft residents. The Historic District has evolved during Downtown’s renaissance with revitalization of old buildings and new construction in the neighborhood. In 2004, the City of Los Angeles officially recognized the community-building efforts of the Old Bank District and certified it a city district with the following demarcations: Spring and Main Streets, connected by 3rd and 6th Streets.

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The neighborhood was the financial district in the early 1900s with some of the tallest buildings at that time hovering around 12 stories.  As 30-story skyscrapers started being built in the 1960s to 1990s, the new financial district replaced the Old Bank district as the central hub of finance on the West Coast.

The district resembles the metropolitan life of New York City, with the new vibe of Downtown’s amazing renewal. The Old Bank District original character has been re-captured and has blossomed into a modern neighborhood where creative productivity, home life, entertainment and relaxation all combine with imagination and class. Urbanites of all persuasions and lifestyles are drawn to the area for its powerful combination of creativity and entertainment, along with the flavor of genuine Los Angeles flair, where many have set up their businesses and lives.

Douglas Building Lofts for Sale Downtown Los Angeles
Douglas Building Lofts

The re-energized community, enhanced by camaraderie and partnership, delivers a feeling of safety and relaxation for urban dwellers and commerce.  The Old Bank is holding on to the character of its historic past while moving forward and growing toward a most exciting future.

Loft buildings in the Old Bank District include these condominiums:

Pan American Lofts
Douglas Building
Higgins Building

Old Bank Loft Rentals: Lofts for lease in the district are among the most authentic, raw and economical.  With large open spaces, walls of windows and high ceilings, Old Bank lofts are not always available, not always advertised, and often available only to those “in the know.”  Renters can save thousands of dollars by getting privileged access to hidden loft bargains in the Old Bank District. Many of the rentals in the Old Bank District are not listed on the internet, and not on the real estate agents MLS.  These listings can best be found along with other unadvertised bargains on the L.A. Loft Blog 3-Hour Tour at LAloftTour.com

OLD BANK DISTRICT FOR SALE  |  OLD BANK DISTRICT FOR LEASE

 

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For more help with lofts in the Old Bank District, contact:

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Your Home Sold GUARANTEED or I’ll Buy It*

Corey Chambers, REALTOR®
(213) 880-9910
coreychambers@yahoo.com
http://www.laloftblog.com/

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Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449  Not associated with the homeowner’s association, seller 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.

Based on information from the Association of REALTORS®/Multiple Listing as of [date the AOR/MLS data was obtained] and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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*seller and Corey must agree on price and time of possession – details and conditions visit coreychambers.com

DOUGLAS LOFTS 257 S Spring Street Los Angeles, CA 90013

Douglas Lofts

DOUGLAS LOFTS FOR SALE   |   FOR LEASE  |  UNLISTED  |  SOLD

The Douglas Building is a spectacular presence on the corner of Third and Spring Streets in this historic Downtown neighborhood. The Douglas Building is the legacy of T.D. Stimson, (1827 – 1898) a lumber baron turned real estate mogul who fostered commercial development in Los Angeles during the 1890s. As one of the few remaining vestiges of Los Angeles’ 19th century architectural treasures, the Douglas Building still stands out, bold and elegant in the midst of glass and steel.  #douglas #lofts #dtla

The freshly restored Douglas Lofts accommodates 50 unique New York style loft units that vary in size and floor plan.

Distinct architectural attributes include high ceilings, exposed brick walls, restored double-hung windows, historic tile and hardwood flooring, state-of-the-art kitchens, and Waterworks bathtubs.

Floors two(2) through four (4) have of one and two bedroom lofts ranging from 735 to 1,275 square feet, with the fifth (5th) floor penthouses from 735 to 1,450 square feet. Corner units boast operable, curved windows, a rare and wonderful architectural detail.

Of the eleven penthouse units, seven have spiral staircases leading to a study that is open to the living area below.

AMENITIES

  • Historically Significant Building
  • New York Style Loft Units
  • Striking City Views
  • Poggen Pohl State-of-the-Art Kitchens
  • Waterworks Bathrooms
  • Exposed Interior Brick Walls
  • Original, Restored Double-Hung Windows
  • Hardwood and Historic Tile Flooring
  • Curved Windows at Corner Units
  • High Ceilings
  • 20 Different Floor Plans
  • 7 Two-level Penthouse Units
  • Central Air and Heat
  • High-Speed Internet Connection
  • Washer/Dryer Hookups
  • Gated Mini-Park on Premises (Pet Friendly)
  • Secure Underground and Street-Level Parking
  • Easy Freeway Access
  • Walking Distance to Major Cultural Attractions, Restaurants and Shopping
  • Two Blocks from the Metro Red Line Station
  • Minutes to Grand Central Market

DOUGLAS LOFTS FOR SALE   |   FOR LEASE  |  UNLISTED  |  SOLD

Designed in 1898 by San Francisco architects, James and Merritt Reid, the Douglas Building was conceived by Stimson as a flagship office building. The abbreviated five-story structure was markedly subdued and modern in comparison to its Victorian neighbors. Across the street was the Stimson Block, an impressive 42-room boarding house, and on either side, ornate two and three-story structures with retail establishments on the ground floor. At the turn of the century Spring Street bustled with activity and commerce, horse-drawn carriages and bicyclists skirted noisy street cars transporting shoppers and businessmen up and down the wide streets of Downtown. These days of prosperity and growth ushered a twenty year building boom, the first of three during the 20th century.

When finished, the Douglas Building was dedicated as a memorial to Stimson, a generous, hard-working man who had won the respect of Angelenos. Of the many accolades printed following his unexpected death, one of the most generous appeared in Greater Los Angeles, a weekly tabloid. “He it was who built so liberally and so handsomely on Spring Street as to create a permanent business heart to our city &.” At Stimson’s funeral service, the Reverend Bert Estes Howard’s words echoed the sentiment: “In days to come, when one shall inquire for the monuments of Thomas Douglas Stimson, men may point to our busy streets and to our city filled with the hum of traffic and industry and say, ‘this is his monument.’”

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Douglas Building Lofts DTLA
Douglas Building Underground Parking

The Douglas Building “was considered among Los Angeles’ greatest office buildings and commanded the highest rentals. In its early years, it housed the chief ticket office of the Southern Pacific Railroad.” ² During that time many travelers would have passed through its doors to purchase a ticket.

The Douglas Building is significant in the area of West Third Street, the former heart of Downtown, for several reasons: its association with Thomas Douglas Stimson, the Stimson Estate and the architects; and for its remarkable architectural design and structural system.³ Wholly restored, the Douglas Building will once again be the pride of the neighborhood and certainly one of the most impressive buildings in Downtown.

DOUGLAS LOFTS FOR SALE   |   FOR LEASE  |  UNLISTED  |  SOLD

 

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.