Beacon Lofts vs Savoy Condominiums – Very Different Places in the Arts District

A Tale of Two Condos – Contrasting Traditional and Industrial Home Styles

Recently, some clients were discussing and comparing two nearby buildings in the Arts District, both along Alameda Street by the most popular part of Little Tokyo.  These are two different types of condominiums that are not usually enjoyed by the same kind of people.  Both have condo units for sale and for lease, but it’s like comparing apples and oranges, so lets enjoy delving into the big differences. #artsdistrict #condos

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Beacon Lofts is an historic industrial loft building, while Savoy, a block away, is a modern construction traditional condominium complex. Right off the bat, those who want more traditional comforts will prefer The Savoy while those who want industrial character will certainly like Beacon Lofts better.

savoy-la-poolWhile most of our loft specialist team’s clients have preferred Beacon Lofts, a recent LA Loft Blog reader and rental-seeker recently chose the Savoy Condominiums at 100 S Alameda Street because she felt that a one bedroom with an actual door is preferable. The delineation of space also makes it feel bigger and more homey to her.  She mentioned that a lack of closet and/or storage space at the nearby Beacon loft would be a huge issue for her and her boyfriend, and that the balcony with extra storage space at Savoy is a huge perk. The amenities at Savoy are really nice (pool, gym, covered parking, landscaping, etc), Beacon doesn’t have those.  The location of Savoy is preferable for her since she intends to take the train most days and Savoy is a block closer to the Gold Line Metro and Union Station.

The Beacon loft is super cool, modern loft but feels a little too industrial for her preference. Because it lacks bedroom walls and bedroom door, lofts like Beacon are easier to visualize when they have furniture to give people an idea of how cool they can look when set up because lofts are neat spaces, and Beacon has with cool amenities in the surrounding area.

Compared to other nearby condos and apartments, Beacon lofts at 825 E 4th Street has plenty of street parking for guests around the area. Satelite speed internet hook-up, no annoying on-site management and no strict move-in/move-out rules (at other nearby condos, you can’t move in or out on the weekends) — Beacon is mostly owner occupied and self-governed with a community feel. Beacon is a concrete building so no ants/roaches/bugs/rodents. The sound isolation is much better that most buildings. No strict restrictions on the rooftop deck, BBQ, and hot tub (may be used late at night).

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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 We are 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.

LITTLE TOKYO

Little Tokyo Neighborhood District Downtown Los Angeles

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Little Tokyo, Downtown Los Angeles

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Little Tokyo

The original boundaries of Little Tokyo extended east and south of the present location, and covered approximately one square mile.  The area was a magnet for immigrating Japanese.

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The original Hompa Hongwanji Buddhist temple, Little Tokyo

Little Tokyo in Los Angeles is considered by many to be the central base for the Japanese community in Southern California.  All along California there are centers of Japanese culture and heritage documenting the rich history of their contributions to our state’s development.  The Japanese immigration on the west coast began in the late 1800’s when most Asian immigrants worked in the great gold rush.  The immigrants in the early twentieth century worked in farming communities and canneries in Los Angeles, Monterey, San Jose, and San Francisco.  As far north as Eureka they worked with the Huntington Family and laid railroad track for the Pacific Electric Railroad.  

Today, Little Tokyo commemorates the immigrant history through the art displayed in local museums, the areas unique architecture, and shops and restaurants that celebrates Japanese culture.  FOR SALE  |  FOR LEASE

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The Japanese Village Plaza is located roughly in the center of Little Tokyo. There are several restaurants in the plaza, plus a number of shops geared towards tourists.  First Street and Second Street border the Japanese Village Plaza and have a number of restaurants that are open later than those in the court.

Inside the Japanese Village Plaza is a history of invention.  Here is where the fortune cookie and the California Roll were invented, and where mochi ice cream was introduced to the United States.

Throughout Little Tokyo there are numerous Japanese restaurants, catering to both Japanese and non-Japanese clientele.  Some restaurants specialize in assorted types of noodles, shabu-shabu, Japanese Curry, sushi or yakitori.

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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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