| Shybary Grand Lofts are a centrally located loft community in a renovated historical building. Sometimes spelled in different ways, the Shiberry Grand is situated in the vibrant hub of the Historic Core and Gallery Row, a thriving, creative live-work enclave in DTLA. Living in this convenient area of Downtown L.A., its residents will have the opportunity to see the progression and the makings of a vibrant neighborhood. #sbgrand Add your own review in the notes below. One resident was happy with the location and management team. She says, “they could not have found a better place to live.” “The decks and pools are really nice.” one resident stated. #shybary The Shy Barry is within walking distance of famous hotels, restaurants, theaters, and parks. It has easy access to all major freeways and is right next door to the Pershing Square Metro station. Luxury, comfort, convenience, spectacular views and entertainment are all located at the most exquisite loft homes in DTLA. It is the best of all worlds at affordable pricing. Another tenant also found the maintenance response positive, “they saved us by fixing our fan quickly during a heatwave.” #shybary “Big thumbs up for the location and convenience.” Stated a condo owner in the building. Some potential down sides of the building: The units do not come with parking. Parking in the building can be rented for an additional fee. Many of the units in the building are permanently rented out, thus the building has a relatively high renter ratio, with perhaps the highest percentage of renters of any condo building in DTLA. In fact, because about 1/3 of the units are still owned by the developer Barry Shy or his affiliates, the SB Grand is one of the few condo buildings that has a leasing office in the building. The neighbors and passers-by tend to be more transient than average, leading to more potential commotion and chaos in and around the building. This is good news for investors who would like to operate an AirBNB type of short term rental, because the SB Grand has also been perhaps the most tolerant condo HOA regarding very short term rentals. Constructed in the mid-1920s, this storied building has been updated for modern living in many facets. Units have been laid out and equipt for form and function and satisfy even the most discriminating tastes. Surrounded by the destination neighborhoods in DTLA like the financial and theater districts, the building offers excellent amenities, including a pool and Jacuzzi, fitness club, upgraded stainless kitchens and large tubs. The SB Grand is the talk of Downtown and its occupants enjoy the warmth of an urban home and the appeal of luxury lofts. It has drawn buyers from all over the United States and remains among the most “in demand” loft buildings in the area. |
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Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, DRE 01889449; MPR Funding Inc NMLS 2000513. 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. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.
