Tuesday, October 7, 2014

CANCELED - Investment at Eastern Columbia - Eastern Columbia #203

The Eastern Columbia building is one of the most adored buildings in downtown. It's located on one of the hottest intersections in DTLA. Within the past year, it has gained neighbors such as The Ace Hotel, Acne, Aesop, Oak, Om Nom, 1810 and more. And this is just the tip of the iceberg, which should translate to even greater upside investment potential. The stunning 1930s art deco masterpiece features the iconic clock tower and bluish patina on the exterior, with a beautifully rehabbed interior by The KOR Group. Being one of the few, Mills Act-approved buildings, you'll also save on property taxes. This 2nd floor unit has 940 sf of space, has a great L-shaped layout and faces east and looks onto Broadway. Includes 1 parking space. Priced to sell quickly at $499,900.