Wednesday, January 11, 2023

Top 10 Things Residents Love About DTLA

1. Walkability 

2. Metro/Dash/Union Station/General Public Transport access

3. Gorgeous rooftops everywhere, for lounging, dining, swimming etc.

4. Amazing dining options (Hayato, Rossoblu, Sushi Zo, Camphor, San Laurel, Girl & Goat, Bianco, Bestia, Redbird, Manuela, Cabra, Bavel, Oriel, to name a few) 

5. Amazing drinking spots (Apotheke, Golden Gopher, Death & Co, The Wolves, Agua Viva, to name a few)

6. Amazing coffee (G&B Coffee, Tilt, Civil, Earth Bean, Maru, Nice, IL Caffe, Boxx, No Ghost Bears)

7. Amazing DTLA original eats (Broken Mouth, Coles, Breadlam, Woodspoon, Nickel Diner, Grand Central Market, Localita Badasserie, Badmaash, Poppy & Rose, Holy Basil, Wurstkuche, Pie Hole)

8. Amazing venues (Orpheum, Moroccan Lounge, United Artists Theater at Ace, Globe Theatre, Regent Theater, Walk Disney Concert Hall, Dorothy Chandler Pavillion)

9. Amazing museums and art galleries (The Broad, MOMA, Hive, Geffen MOCA, A&D Museum, Hauser Wirth, FOLD)

10. Amazing architecture 

Saturday, January 7, 2023

DTLA - Prices are Not Low Enough for Some Buyers

A lot of buyers have been waiting on the sidelines to buy once the market tanks in DTLA. Some units are about 5% below 2019 values, and some are even above. I know, 5% isn't low enough, but don't hold your breath. Things are already bouncing back, especially nice units in good buildings. And by nice, I mean upgraded, remodeled, staged, etc. Low inventory is helping prices stay afloat, and with the walkable amenities in DTLA, more buyers who are over the whole car thing are choosing DTLA as their area of choice.