Apple Store Forging Ahead on Broadway

Photo: Tower Theater Group

After a long period of silence, the Apple store coming in the Tower Theater space on Broadway has made more movement. Renderings are hush at the moment, but something exciting while preserving the integrity of the historic theater. The opening might coincide with the Broadway Trade Center restoration across the street. 

Why Downtown is So Exciting

For those of us who have properties in the area, it's been exciting. Growth has been steady year over year since the crash. Some of my clients are at 100k up on their investment in just 12-18 mos. Most are about 200k up on their investment. And few of them are more than 500k up on their investments in just 5 years. The point is, everyone is up on their investment. (Know which buildings to buy in, please do the homework or use someone who has the info!)

For those who are pioneers, DTLA is a blank slate. So many pioneers creating some very interesting spaces, shops, and experiences. And it's all in one dense area.

And most important of all, there's still a lot more to go. You wouldn't believe the plans in place for neighborhoods like Bunker Hill, or the areas just south of South Park. And the Produce District. And the Industrial District just north of Chinatown.

While some are saying it's too late to get in, I say we're only 10% there. That's exciting.

Pocket Listing Alert - Beautiful Rowan Loft on the 12th Floor with 30+ Feet of Windows

Unit #1205 is just below the Penthouse level, and features 2 beds, 2 baths, and windows that span the entire length of the unit. It's also the only unit that has a fireplace! Comes with 1 parking space. Skyline views and overlooks the Spring St Park for the ideal downtown view. Within a few blocks to Grand Central Market, Grand Park, Orsa & Winston, The Continental, Kazunori, galleries, Whole Foods, and so much more. Asking $4500/mo or negotiable on a longer lease.

What $1Million Buys you in DTLA

For about $1 Million:

Photo: TEN50 Trumark; U-Click

Building: TEN50 

Neighborhood: South Park

Floor Level of Unit: 8th

SF: 1140, 2+2 with 2 parking spaces

PRICE: 980k

Loftway

Building: EVO

Neighborhood: South Park

Floor Level of Unit: 21st

SF: 1170, 2+2 with 2 parking spaces

PRICE: 995k

The Agency

Building: Metropolis

Neighborhood: South Park

Floor Level of Unit: 22nd

SF: 843, 1+2 with 1 parking spaces

PRICE: 985k