New Lofts Downtown Los Angeles New Homes Under Construction and Coming Up For Sale

New Homes in Downtown L.A. Under Construction

Shiny new and sparkling clean new homes with the latest architecture and most modern convenience combine with new loft conversions, newly remodeled historic and industrial buildings converted to modern urban live/work residences, coming to DTLA.  #newlofts #dtla #newhomes

Historic building soon to become residential live/work lofts
Historic building soon to become residential live/work lofts

NEW LOFTS

Prospective Downtowners and investors appreciate it when old historic and industrial buildings are converted from useless dilapidated structures into repurposed residential live-work lofts with open spaces, lots of oversized windows and natural light, in the best walking areas near shopping, dining, entertainment and transportation. From 2000 to 2014, more than 20 buildings were converted. But in the last 3 years, there have been only rentals, and not available for purchase. The good news is that this trend may be changing.

Newest Buildings Lofts popular, well-known condominium loft building in the Arts District and other neighborhoods in and around Downtown Los Angeles. It’s been several years since any loft buildings have been created in Downtown Los Angeles.  The most recent one was Barker Block Warehouse 1.
Downtown Los Angeles.

New Lofts Downtown LA
Where are the new Lofts in Downtown Los Angeles? When Barker Block Warehouse 1 opened in 2014, there was a mad rush on the very first day of sale, with 2,800 lookers for only 15 available units. The seller had a big advantage. The developer’s sophisticated marketing machine captured offers well above asking price, above the comps and above market value for Downtown L.A.

VIP Access to New Constructon Lofts Downtown L.A.
While the neighborhood suffered from a glut of unsold properties six years ago, Downtown L.A. today is today experiencing a dramatic shortage of affordable homes for sale. Buyers of lofts and condos are finding that cheapest entry level lofts have tripled in price from around $150,000 in 2011 to around $450,000 today. New residents and investors who put faith into Downtown real estate have been proven right in a big way. Downtown homeowners are sitting pretty, but it takes some new thinking for buyers to make the best of the current market. We can clearly see the very good side to owning real estate in the world’s most amazing Downtown renaissance, a bright financial future.

Successful buyers today must take advantage of the most powerful strategies to find bargains around Downtown. Today’s successful buyers get access to REO bank-owned foreclosures, short sales, distress sales, fixer uppers, raw lofts and nearby condos and houses outside of Downtown. For those who want to live in the heart of Downtown, new construction and unlisted properties have most recently provided the best solution. Pocket listings have accounted for nearly half of the best deals in the past 5 years. Not every agent can help with pocket listings because they are exclusive in nature. Those unfortunate buyers who are using an out-of-area agent have had the worst luck.

New L.A. Loft Construction
There is hope for buyers who need to see more properties for sale! Many successful buyers have found more than 200 unlisted properties for sale in the past few years, including more than 100 new construction lofts. While the general public has seen rising prices along with fewer and fewer good properties available, thousands of smart buyers have discovered hard-to-find information and were able to see a variety of pocket listings in Downtown Los Angeles.

Home buyers have had found the most amazing lofts and the best prices when they were able to see as many amazing lofts and condos as possible. They focused on total properties to see. There are always a number of unlisted loft bargains in Downtown. Simply sign up for the New Loft Interest List.

New Lofts Coming to Downtown – Find Out When and Where, and get email notification when new lofts are announced.

Barker Warehouse

Title Guarantee

Chapman

Brockman

MORE

Downtown Los Angeles New Lofts Coming Up For Sale – Which Loft Buildings Will Go Condo?
Downtown Los Angeles New Lofts Coming Up For Sale:
Which Loft Buildings Will Go Condo?

Downtown is SOLD OUT!!!!!!!! If you did not purchase a new loft in the past three years, then you are out of luck. Or are you?

In 2007, Downtown had at one point around 300 brand new loft conversions coming onto the market. Today, the number is close to zero new constructions lofts for sale. Resale loft inventory is also near an all time low. There are almost no foreclosures or short sales. When new Barker Block Warehouse 1 lofts went up for sale in January, buyers faced widespread sticker shock as the prices were nearly all above $500,000. Buyers are looking for a deal. For 2014/2015, the two best places to find the best loft deal are new lofts and unlisted lofts.

The L.A. Loft Blog has the scoop on the loft rental buildings that are most likely to come onto the market for sale in the near future, including:
Downtown SOLD – Request VIP access to new upcoming lofts for sale
Luxury Loft Tower
Historic Furniture Warehouse
Luxury Historic Lofts
Historic Core Flats
Luxury Restaurant Row Historic Lofts
Historic Core Loft Tower with Balconies
Shopping and Restaurant Arcade Lofts
Pershing Square Historic Loft Building
Other loft buildings going condo and new construction lofts: Get a free hotlist of new lofts coming up for sale, with loft rental buildings that are rumored to be going condo in the future.

Be among the first to be notified of new lofts coming up for sale. As a VIP Buyer, you will also receive lists of Downtown distress sales, unlisted lofts, short sales, raw lofts and sold lofts for comparison. Get invited to see new lofts under construction, loft condo conversions and loft buildings going condo by registering for the VIP Buyer Program free at http://www.lacondoinfo.com/vip_buyer.asp

Which loft condo rental buildings is most likely to go condo next?

Promenade West

Title Guarantee

The Brockman

Spring Arcade

None of the above

New Lofts Coming to Downtown – Which Loft Rental Building is Most Likely to Go Condo Next?

Which Loft Rental Building is Most Likely to Go Condo Next? Take the GOING CONDO Quiz.
Which loft rental building is most likely to GO CONDO next? Take the Quiz.
More than half of Downtown loft buyers prefer to purchase a new development of a genuine historic loft. These newly renovated lofts are often considered to be the most modern, chic and impressive homes of today. Out are the small, dark compartmented rooms with wall-t0-wall carpet – yuk!! In are huge windows, bright natural light with views, open floorpans with just the right bed area separation, polished floors and stainless steel appliances. The L.A. Loft Blog has recently heard from several sources about one impressive loft building in particular that may be going on sale very soon. Be among the first to find out. Take the Loft Blog “Going Condo” Quiz to test your Downtown loft knowledge. You will immediately get the correct answer, and you will be notified by email of upcoming loft condos for sale.

Test your Downtown loft knowledge. Which Downtown loft rental building is most likely to go condo next? Take the Quiz and find out now! Fill out my online form:

We have recently received word of some new Downtown historic lofts coming up for sale in September, several new luxury high-rise condos for sale, new 3-story townhomes in Silver Lake (some with private rooftop terraces and views), new high-rise luxury Downtown apartments for lease and even new short-term luxury high-rise apartments as well.

Save $25,000 GUARANTEED or I’ll Pay You $3,000 – Details at http://www.coreychambers.com/save-4-25k

Now that most experts agree that interest rates will be rising sooner rather than later, buyers can lock in low rates in a super strong, relatively stable market in the most exciting place on Earth. We are recently hearing more and more people compare Downtown L.A. to New York City. Of course, Downtown does not compare to NYC in population density, and New York does not compare to Downtown LA in spaciousness, climate or entertainment and recreation options. Best of all, compared to New York City, prices in Downtown Los Angeles are still quite a bargain for now.

New Apartments Downtown Los Angeles
Get more info on new historic lofts coming up for sale, new luxury high-rise condos now for sale, new apartments for lease, new short-term high-rise apartments or Silver Lake Townhomes.

New Lofts Coming Up For Sale in Downtown Los Angeles – Modern, Updated Condos in Historic Building
This is it! It’s what you’ve been looking for: Newly renovated Downtown historic live-work lofts with spacious open floor plan, high ceilings, lots of windows and light, and easy walk to dining, shopping and entertainment. Find out more. Get on the New Lofts Interest List.

Those who are interested can get details, photos and and early viewing with the L.A. Loft Blog information request form below.

New Lofts DTLA

The public will soon have an opportunity to own an icon of an Art Deco style high-rise building in Downtown Los Angeles. The selection of several new lofts for sale were built in 1930s. Originally luxury office building designed in the roaring 20’s, the historic buildings have been converted into loft homes. Just minutes from upscale restaurants, steps away from dining, well-known art galleries, cultural attractions, L.A. Live, Staples Center, Metro transportation and shopping and entertainment venues.
Courtesy Killefer Flammang Architects
Prices soon to be available to the public. There are several different floor plans, some with
terraces and balconies. Studios from 750 sq. ft. – 855 sq. ft. One bedrooms at 1,020 square stumptown-coffee-artsfeet – 1,100 sq. ft. Two bedrooms at 1,390 sq. ft. – 1,410 sq. ft. Duplex with 2 and 3 bedrooms at 1,280 sq. ft. – 1,945 sq. ft. Penthouses 1,620 sq. ft. – 3,565 sq. ft.

We anticipate a quick sell out of these unique one-of-a-kind loft homes in downtown LA.

Get more information with descriptions and photos, and request an early viewing. Fill out the online form below.

New Lofts Development For Sale Coming Soon To Downtown Los Angeles
More than half of all of those who are thinking about owning a loft in Downtown will choose a new loft development in an historic or industrial loft building when given the opportunity. Recently, that chance has only come around about once every couple of years or so.

New lofts are popular because they combine the authentic urban character with convenient amenities, modern appliances and stylish finishes. They are often the best deal because the developer creates a glut of dozens of units for sale at a time that must be sold.

Other benefits of new lofts are an initial lack of lawsuits and litigation that plague nearly 20% of Downtown loft listings. While existing loft buyers often have issues getting a home loan, there is usually no problem getting financing at a new loft development as the developer has already connected with a lender who will provide loans on the special loft conversion condos in the formerly commercial building. There are pitfalls to avoid.

Buyers often make many mistakes when dealing with developers. In an extremely competitive environment, some buyers make the mistake of blindly trusting the seller, and then fail to get free representation from a Downtown specialist Realtor who can help the buyer to get as many advantages as possible over the seller and competing buyers. The most common and biggest mistake is innocently walking into a new loft sales office without an agent. The innocent visitor, who is just browsing, does not know that he or she will love the lofts until after seeing them. By that time, IT’S TOO LATE. The developer has already set up the potential buyer to waive several of their legal rights, starting with the right to free representation by a Downtown specialist Realtor. That is why everyone, especially first-time buyers, absolutely MUST bring a Downtown specialist real estate agent to the very first viewing to protect the buyer’s rights. Some unlucky buyers are never informed about all of the pros and cons of the building, and worst of all, some buyers never find out what is really the lowest price that the developer will accept. Many buyers pay $10,000 or more than necessary because they did not take advantage of a Guaranteed Savings Program such as Save10Grand.com.

Anyone interested in new Downtown lofts can request property descriptions, photos and an early viewing. Beat out other buyers to the best new lofts and best deals. Fill out the online form:

Fill out my online form.

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

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New Lofts Downtown Los Angeles
New Lofts Downtown Los Angeles

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.

Foreman and Clark Building Downtown Los Angeles Residential Real Estate Mills Act New Lofts

701 Hill Street, Los Angeles, CA 90014

NEW LOFTS DOWNTOWN LOS ANGELES – Plans have changed several times regarding the renovation of the Downtown LA Jewelry District’s historic Foreman and Clark building into new lofts for sale or for lease.  #foremanclark #millsact

Foreman & Clark Building Today
Foreman & Clark Building Today

REAL ESTATE NEWS – The developer had previously planned to create a mixed-use conversion and and/or a hotel. New homes: The latest construction plans filed with the City of Los Angeles planning department state that the Canadian developer Bonnis Properties intends to convert the 1929 building into residential use with 8,500 square feet of retail space on the ground floor.  It is not clear yet if the new lofts will be for sale or for lease, but making loft apartments for lease is more likely based on what most other developers have decided to do recently. They are making a pretty penny on the high rents, and the big developers obviously believe that rents will continue their upward trajectory for loft conversion rentals. Prospective home owners can get onto the New Homes Interest List at no cost.

The 13 story historic Foreman and Clark building at 7th and Hill Streets was originally designed by Curlett & Beelman Architects.  The structure was once home to the flagship store for men’s clothing retailer Foreman and Clark on its second through fourth floors. The clothier moved out of this location in the 1960s.

The Art Deco Gothic building is a city Historic-Cultural Landmark for its architectural elements, and because it exemplified the expansion of the early Broadway shopping district according to its application for landmark status.

A bar and restaurants may or may not be the anchors of the future renovation, depending on who you ask and when.  We have also been told that it is actually 165 units that are slated to be created for residential use.

Historic Core Downtown Los Angeles
Historic Core DTLA

It is also said that the developer intends to fill out the 1920s Foreman and Clark building with 124 market-rate apartments (meaning none will be set aside for low-income tenants), with sizes ranging from 470 to 1,075 square feet. The loft redevelopment will also include two penthouses, which will be converted from space that was historically used as mechanical rooms. Hopefully the developer will keep . The penthouses measure about 1,300 and 2,600 square feet, respectively, with the larger penthouse being a prized two-story luxury condominium unit.

The Foreman and Clark building, which sits at the corner of 7th and Hill streets, is rectangular for the first four floors, but then it splits into a U-shaped structure, meaning that on top of the 4th floor, there is open space to be made into communal space for residents.

There will be no parking on site. The building’s never had parking, says Bartolo, and there are no plans to add any.

Bonnis is applying tax credits under the Mills Act right now and also seeking permits. Construction is scheduled to start some time in the next 12 to 15 months. The architect is Los Angeles-based OKB Architects.

Save on property taxes by owning a Mills Act historic building loft condominiums. Get Mills Act properties free list and information in your email. Fill out the online form:

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Foreman Clark Building Historic Core DTLA
Foreman Clark Building Historic Core DTLA

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.

Olympic Tower Los Angeles

OlympicTowerLA.com  811 W Olympic Blvd, Los Angeles, CA 90015

olympi-tower-ground

A new mixed-use hotel, retail and residential building development is under way in Downtown Los Angeles on Olympic.  Across the street from The Ritz-Carlton, the new building will replace what is currently Downtown’s most convenient car wash.  The cars of DTLA will get a little dirtier as there are no other quick drive-through car washes in the booming neighborhood.

With some unusual features including a weird pinch in the middle, Curbed LA calls the new building design “bonkers”.

At the end of 2015, plans were unveiled for a redevelopment of the Downtown Car Wash in South Park, Olympic Tower 60-story tower with LED signs and live plants interwoven into its exterior, along with a rooftop garden.  374 residential units, 33,500 square feet of office space, a 10,800-square-foot conference center, and more than 65,000 square feet of restaurant and retail space will join a 373-room hotel.

Architecture firm Nardi Associates says that the building will feature a structural grid with live plantings, like a gigantic “urban tree”.  An open-air atrium will be encased by a metal structure with a sloping roofline, so the highrise will have a sharp roof instead of a helipad.

In 1980,  the car wash developer paid only $525,000 for the parcel. By 2005, the land was valued at $2.4 million. In 2014, developer Ben Neman bought the parcel for $25 million.

The building’s height means that it would block views of the Hotel Figueroa. There is no word on whether the residential portion will be rental or condo, but rental is more likely based on what most other developers have been choosing.

Be among the first to find out if the new highrise will contain rental apartments or condominiums for sale. Get Olympic Tower updates in your email. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN L.A.  [MAP]

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

olympic-tower-la-outdoor

Copyright © 2016 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 home owner’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.

New Lofts Development For Sale Coming Soon To Downtown Los Angeles

More than half of all of those who are thinking about owning a loft in Downtown will choose a new loft development in an historic or industrial loft building when given the opportunity. Recently, that chance has only come around about once every couple of years or so.

new-lofts-dtla-02New lofts are popular because they combine the authentic urban character with convenient amenities, modern appliances and stylish finishes. They are often the best deal because the developer creates a glut of dozens of units for sale at a time that must be sold.

Other benefits of new lofts are an initial lack of lawsuits and litigation that plague nearly 20% of Downtown loft listings. While existing loft buyers often have issues getting a home loan, there is usually no problem getting financing at a new loft development as the developer has already connected with a lender who will provide loans on the special loft conversion condos in the formerly commercial building. There are pitfalls to avoid.

new-lofts-dtla-04Buyers often make many mistakes when dealing with developers.  In an extremely competitive environment, some buyers make the mistake of blindly trusting the seller, and then fail to get free representation from a Downtown specialist Realtor who can help the buyer to get as many advantages as possible over the seller and competing buyers. The most common and biggest mistake is innocently walking into a new loft sales office without an agent. The innocent visitor, who is just browsing, does not know that he or she will love the lofts until after seeing them. By that time, IT’S TOO LATE.  The developer has already set up the potential buyer to waive several of their legal rights, starting with the right to free representation by a Downtown specialist Realtor.  That is why everyone, especially first-time buyers, absolutely MUST bring a Downtown specialist real estate agent to the very first viewing to protect the buyer’s rights.  Some unlucky buyers are never informed about all of the pros and cons of the building, and worst of all, some buyers never find out what is really the lowest price that the developer will accept. Many buyers pay $10,000 or more than necessary because they did not take advantage of a Guaranteed Savings Program such as Save10Grand.com.

Anyone interested in new Downtown lofts can request property descriptions, photos and an early viewing. Beat out other buyers to the best new lofts and best deals. Fill out the online form:

Copyright © 2015 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 home owner’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.

Title Guarantee Building Lofts For Sale – New Historic Condominiums Coming Soon

The Title Guarantee and Trust Company Building  –  The TGB
411 W 5th St, Los Angeles, CA 90013

Title Guarantee Building
Title Guarantee Building

 © The L.A. Loft Blog is not affiliated with the Title Guarantee Building.

This article contains expired information.  For updated info call (213) 880-9910.

Coming Soon:  Your Chance to Own an Icon.


In September 2015, the public will have an opportunity to choose from a selection of historic art deco style lofts for sale in one of the most iconic buildings in Downtown Los Angeles. With views of the park at Pershing Square, the TGB was originally constructed in 1930. The Title Guarantee Building symbolizes the architecture, art and craftsmanship coming out of the gilded age of L.A.  From detailed brick and tile work to lush marble, hand-made woodcraft to the lobby’s celebrated Hugo Ballin art murals – this is truly a uniquely authentic residence and a valuable chance to control a slice of historic Downtown.

Title Guarantee and Trust Company Building in the Historic Core

The Title Guarantee and Trust Company Building is an Art Deco style highrise building on Pershing Square in Downtown Los Angeles. Built in 1930, on the site of the California Club building. The building was designed by The Parkinsons who also designed many Los Angeles landmarks, including Los Angeles City Hall and Bullocks Wilshire. Originally an office building, the structure was later converted into lofts. In 1984, the building was listed in the National Register of Historic Places.

After several years of serving as loft rental apartments, the units will be restored to renewed luster before the sale.  Renters have praised the great livability of the building and its amazing loft units with high ceilings, multi-level units with mezzanine lofts for excellent separation, in-unit washer and dryers, and quiet between units.

The building has its down sides, including the traffic
noise on Hill Street, noise from pedestrians and the busy Perch lounge across the narrow street. The trash shoots travel through some closets, which have no doors, and thus allow noise from the chutes.  The valet parking has been a blessing, and sometimes a curse depending on the valet attendants. The entire area around Pershing Square is a base of a large number of homeless people who sometimes camp out in and around the building. The parking lot next door may soon be replaced by a building, which could potentially block views for some units. The fantastic units facing streets and Pershing Square will likely have some protection of the awesome views for some time.

Courtesy Killefer Flaming Architects
Title Guarantee Building Interior – Courtesy Killefer Flammang Architects

There is no rooftop access, but some of the units have patios. The building units have also received accolades for their concrete floors, updated counter tops and a large, stainless appliances.

Coming Soon – The new lofts are expected to go on sale to the public in September.

Get on the Interest List. Fill out the online form:

The History and Murals of the Title Guarantee Building

“In commissioning Hugo Ballin to execute a series of mural paintings for the lobby of its building at Fifth and Hill Streets in Los Angeles, the Title Guarantee and Trust Company had in mind the presentation, in vigorous, colorful and adequate manner, of the picturesque and vital phases of Southern California’s history.

Treaty of Cauenga

It desired to align itself with that modern tendency which seeks to bring contemporary art to the immediate enjoyment of the public. To this end Mr. Ballin prepared six panels, the first being dedicated to the prehistoric era. The product of a distinguished painter, this group forms a unity of rich, rhythmic color, with bold figures and splendid themes offering stimulation to the imagination. The Ballin panels, definitely enriching the community, should prove of permanent historical and esthetic interest.”

The Title Guarantee and Trust Company grew along with the city and profited tremendously from that growth. The company’s founder, Edwin W. Sargent, began his career as founding partner at the Los Angeles Abstract Company in 1887, one of the first institutions in Los Angeles to provide authoritative titles to land parcels and issue certificates of title in real estate transactions. Claims to land and resources in Southern California had been hotly contested since the region transitioned from Mexican rule to become an American state. Some Anglos unlawfully seized land from indigenous peoples, others refused to recognize the sanctity of disenos, land grant contracts issued by the Mexican government, and real estate speculators and squatters often flouted existing property claims. By issuing authoritative titles, the Los Angeles Abstract Company “brought order to the chaos in the real estate title business in Los Angeles,” providing a foundation that allowed for the city’s development and growth. In 1895, Sargent founded his own company, the Title Guarantee and Trust Company, and by the late 1920s, he held documentation for the titles to over 1.1 million parcels of land in Southern California valued at over $4 billion dollars.7

Pershing Square, 1930’s

Sargent died in 1929, and to ensure that the company’s reputation did not die with him, his successor, A. F. Morlan, and the Board of Directors decided to erect a large new corporate headquarters as a monument to the company’s success. They needed the building to convey their historic strength and the stability of the company while also positioning the company on the cutting edge of Los Angeles’ development, signaling to its potential clients and investors that it was both a part of the city’s small town past and its metropolitan future. There also were practical reasons for expanding the company’s offices: they needed to house the over one million title files held by the company, documents related to virtually every parcel of land in Los Angeles county since the establishment of the American government in 1850s. Among the documents were a “Book of Disenos” (a survey of Mexican land grants) and records of the acts of the Mexican Ayuntamiento (Council) that preceded the American government, critical to authenticating land claims from the days of Spanish and Mexican rule. The documents held by the company served as the mechanism through which American understandings of property rights and land ownership had been realized in the region, “guaranteeing” not only individual land claims but also Anglo-American hegemony in Southern California more broadly. The new building thereby would serve not only as a monument to the company’s strength, but also to the strength and vitality of the real estate industry and the city of Los Angeles itself.

The company enlisted the father-son team of John B. and Donald D. Parkinson to design an “ultra-modern” building with over 130,000 square feet of office space on a lot they had purchased on Pershing Square, just blocks from the Superior Court and the newly opened City Hall. The elder Parkinson had made his name in the architecture world when he designed the city’s first “sky scraper” at Fourth and Spring Streets in 1904 (now known as the Continental Building), prompting the City Council to pass an ordinance limiting the height of new construction projects to 150 feet.

To maneuver around the ordinance’s height restrictions, the Parkinson firm designed an elaborate decorative feature on the roof of the Title building, leaving floors twelve and above unoccupied so as to extend the height of the building to 240 feet. The Gothic-style rooftop had multiple-tiered buttresses and towers that echoed the medieval cathedrals of Europe and contributed to the building’s vertical thrust. A high-tech system of floodlights was added so that the building became even more spectacular at night. The terra cotta tiles on the exterior of the building were specially finished with a texture that accentuated the lighting effect and, along with recessed windows, added to the upward thrust and verticality of the building. The building also was outfitted with the most state-of-the-art amenities, including an electrical ventilation system and four high-speed elevators.8 By adapting traditional forms and techniques using modern technologies, the Parkinsons created a structure that elegantly advanced the company’s needs.

The Parkinsons hired Eugene Maier-Krieg to sculpt decorative features on the building’s exterior and Hugo Ballin to paint a series of murals for the building’s lobby. To further enhance the company’s mission, Ballin designed a series of six panels tracing Los Angeles’ history from prehistoric times to its “modern” present (in 1930), situating the company and the documents held in its headquarters within the city’s historical narrative. In each panel, Ballin underscored the legitimacy of the titles held at the building and the positive, modernizing effects that Anglo American rule had on the region. One panel romanticized the days of “rancho” life as a time when Spanish padres and colonists co-mingled with the indigenous population and two panels portrayed the transition to American rule as peaceful, rational and orderly. The coming of the railroad is similarly touted as having “ended the isolation of the pueblo” and the “modern era” embodied by a dynamic, male figure surrounded by props signifying the technological achievements that enabled the city’s growth. Rather than employ idealized, female figures as allegorical symbols as he had in previous commissions, in the Title murals Ballin used hyper-masculine forms, emphasizing their physicality and strength to capture rapid changes occurring in Los Angeles’ economy, population and culture at the time. By abandoning his “virgins” in favor of “dynamos,” Ballin was able to match the “ultra-modern” aesthetics of the building without straying too far from his traditional, classical style. And by adding “dynamos” to his historical motif, his murals both reinforced the Title Guarantee and Trust Company’s role in the history of the city and positioned it at the forefront of the city’s development in the future.

Despite the permanency of the structure, the Title Guarantee and Trust company did not last: it first merged with the Title Insurance and Trust Company, was then taken over by a Chicago firm, and its millions of titles are now held by the Fidelity Insurance Company. The Title Guarantee building, however, has remained, and has been recognized by both the National Register of Historic Places and the Los Angeles Historical-Cultural Monuments for its significance to the city’s architectural heritage, ensuring that the building and Ballin’s murals will be part of the downtown landscape for years to come. They were cleaned as part of the building’s renovation in 2013-2014, and can be viewed by contacting the Title Guarantee Management Company.

Ballin described his murals at the Title Guarantee and Trust Building in a pamphlet published in 1931:
“One of the important decisions in California history was made in early 1847 over a table on the veranda of a small ranch house that then stood near Cahuenga Pass.

This event – the signing of the Treaty of Cahuenga whereby the Mexican forces surrendered to the American – is celebrated in the third panel executed by Hugo Ballin.

In this panel Generals Pico and Fremont play leading roles. The former, Andres Pico, was the rough-and-ready leader of the Mexican army, a man who had swept the United States troops into an overwhelming defeat in the San Pasqual Valley with his horsemen recruited from the ranchos. The signing of the articles that ended the hostilities had followed the last military maneuver, that of Stockton and Kearny marching north from San Diego and John C. Fremont marching south to meet them. The Stockton-Kearny forces had engaged two minor battles at the San Gabriel River and at La Mesa, entering Los Angeles thereafter without opposition. With the war over, the American flag was to float over Los Angeles, the bands were to march and play, and the rank and file were again to be happy. In the panel, Fremont, the ‘Pathfinder’ is telling Pico where to sign. Behind the latter stand several Mexican officers.”

Here Ballin depicts a triumphant version of Los Angeles’ transition to becoming an American state, casting that transition as dignified and disciplined, when in reality, claims to land and resources were hotly contested for decades after the Treaty of Cahuenga. Some Anglos unlawfully seized land from those holding disenos (land grant contracts issued by the Mexican government), others refused to recognize their legitimacy, and real estate speculators and squatters often flouted existing property claims. That Ballin would offer such an orderly and diplomatic version of events was likely in part to please his corporate patrons from the Title Guarantee and Trust company. The company’s founder, Edwin Sergeant, had been among the first individuals in Los Angeles to issue authoritative titles to real estate holdings using legal documents from both the Mexican and Spanish governments to support land claims from the days of Spanish and Mexican rule. Indeed, the new building had been designed to house the over 1.1 million titles to parcels of land in Southern California held by the company, including a “Book of Disenos” (a survey of Mexican land grants) and records of the acts of the Mexican Ayuntamiento (Council) that preceded the American government. Those documents served as the mechanism through which American understandings of property rights and land ownership had been realized in the region, “guaranteeing” not only individual land claims but also Anglo-American hegemony in Southern California more broadly.1 By depicting the transition to American rule in this way, Ballin thereby celebrates the company’s purpose and reifies its role in establishing American rule, and supporting the development, strength and vitality of the city of Los Angeles.

Title Guarantee Building New Lofts For Sale – NEW HOMES INTEREST LIST

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Copyright © 2017 This free information provided courtesy Corey Chambers, Realtor, Realty Source Inc BRE#01889449 We are not associated with the home owner’s association, seller or developer. Not affiliated with Title Guarantee Building or the developer. For more information, contact (213) 880-9910 or visit www.TitleGuaranteeLA.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.  Subject to terms and conditions set by the seller and developer. Realty Source Inc is not affiliated with the developer or seller. Certificate for savings of $25,000 off asking price or $3,000 off closing costs is offered to Corey Chambers VIP Buyer Program members only.  Home Hunter Service, VIP Buyer Program and Buyer Profile System cost nothing to the buyer, and there is no obligation to buy.

New Apartments Join Old Historic Core Buildings – More Condos to Be Rented Instead of Sold

525-springReplacing what is now a parking lot between the Spring Arcade building and the Alexandria Hotel, a new building is being designed with modern style that includes wavy white architecture and balconies.  Its aesthetic is very different from the historic buildings that will sandwich it.

The LA Downtown News recently reported that Australia-based developer Joseph Hellen has spruced up his plan for a 40-story apartment tower with a proposal to renovate and activate three small Broadway theaters.

Across the street are the Security Building lofts and SB Spring lofts for lease.

Spring Arcade During Renovation

The proposed new building will be designed as a condo, but will be leased, as has been the trend for most recent residential developments in Downtown.

Get a free list of Historic Core loft rentals.

Fill out the online form:

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Copyright © 2015 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 necessarily associated with the home owner’s association, seller or developer. For more information, contact (213) 478-0499 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.

LA River House

The L.A. River House is a new condo development formerly referred to as L.A. River Lofts
ELYSIAN VALLEY HOMES FOR SALE  |  NEW LISTINGS  |  UNLISTED

SPECIAL UPDATE: NEW HOMES ELYSIAN PARK FOR SALE FROGTOWN
https://laloftblog.com/2016/08/05/new-homes-in-elysian-valley-los-angeles-rivers-frog-town-is-really-hoppin/

2943 Gleneden St, Los Angeles, CA 90039 was the old address. The LA Loft Blog is not affiliated with River House.  The updated address is 2970-2980 Ripple Place, Los Angeles, CA 90039 More updated information is available at The L.A. Loft Blog River House posts

Here is an update on the construction progress of River House: The River House is an Elysian Valley condominium project under development, around 50% completed, along the Los Angeles River by the 2 Glendale Freeway.  The project is unique because it is among the first new developments to face the newly naturalized portion of the Los Angeles River.  It is also next door to the lovely new Marsh Park.

River House – New Construction

The project is looking more and more like an ordinary apartment complex, with standard height ceilings and mostly medium size windows or smaller.  Only a few dozen units will face the beautified river, the other units are ordinary, with windows just large enough to let in some of the neighborhood gnats. See more information on the original River Lofts page at http://lariverlofts.com

UPDATE: The developer has released pricing information on the project.  Get not the interest list to receive details and pricing.

River House condos are now on sale. The developer is offers and allowing prospective buyers to reserve and hold properties.  The L.A. Loft Blog will provide updates, and readers may request early information and early viewing invitations by getting on the River House interest list.  Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN L.A.  [MAP]

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

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 home owner’s association, seller or developer. The L.A. Loft Blog is not affiliated with River House or Anastasi Development.  For more information, contact (213) 478-0499 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.