Rare Opps + Deals in DTLA

1100 Wilshire #2610

680sf - $559K

5 Parking spaces, yes, 5 reserved spaces come with this 1 bed/1 bath loft-style condo with spectacular city views. Building has it all: rooftop deck, pool, panoramic views, hot tub, outdoor dining, gym, media room 24/7 front desk security, dog run, etc. 

849 S. Broadway #307

Eastern Columbia Lofts

1110sf - $849K

Rare balcony unit and 14'+ ceilings. This spectacular Art Deco building has it all. Rooftop pool, 24/7 security, Gym, lobby, courtyard, and Mills Act tax savings. 1 parking space w/ EV Charger

1111 S. Grand #613

Elleven Lofts

930sf - $595K

Beautifully maintained east-facing loft with dedicated parking space w/ EV Charger, rare valuable deeded storage unit.

Prime Units and Penthouses Available in DTLA

I mentioned in an earlier post, that in a market with low inventory, it's really hard not to settle. But settling is for short term holds. For a longer term hold on the property, it's best to snag a property that will still be desirable in any market.

Below are available condos that are desirable even in down markets, and why.

940 E. 2nd St #38 - $1.759M

Formerly "Barn Lofts"

WHY: Arts District location, historic pedigree, over 2300sf of space on multilevels, 

rare townhouse style home with parking included.

849 S Broadway

WHY: Historic core location bordering South Park and Fashion District, unique 

Mills Act building with unparalleled amenities for a historic building, attached parking.

#M1 - $1.13M

#202 - $799k

#206 - $799k

#512 - $1.358M

#1210 - $3.98M

PH#1 - $2.385M

PH#2 - $2.475M

PH#4 - $1.799M

1111 S. Grand Ave PH#6 - $1.375

WHY: Central within South Park, larger than average size lofts because it was one of the first ground-up developments in SouthPark, LEED certified building, 

nearby just about everything in DTLA, full amenities.

1850 Industrial #710 - $1.875M

Biscuit Company Lofts

WHY: Uber hot Arts District South, Mills Act building with historic pedigree, 

amenities and in-building parking.

Two-story Penthouse with Private Rooftop Deck - Higgins Lofts #1004

Rare penthouse pad in DTLA. The top floor loft in the historic Higgins building has a mezzanine that is perfect for an office, guest bedroom or master bedroom as it leads straight up to a private rooftop deck with views of the downtown skyline. There is a skylight that lets in amazing light and 22' tall ceilings. Features 980sf of indoor space, and approx 200sf of outdoor space. Has 1 bathroom. The Higgins Building holds the Mills Act distinction which helps reduce property taxes.

Currently Available Industrial Lofts in DTLA

Simply put, there are usually two kinds of lofts--industrial and architectural. The architectural ones are generally the conversions from former bank buildings, offices (think Rowan Lofts, Douglas Lofts, Eastern Columbia Lofts) that have a lot of beautiful character intact, both inside and out. The industrial ones are often conversions too, but have generally been adapted from factories, warehouses or showrooms (think Biscuit Company Lofts, Toy Factory, Barker Block, Textile Lofts).

Below are industrial lofts currently available for sale in these unique buildings:

FLOWER STREET LOFTS IN SOUTH PARK (Formerly a UPS Shipping Hub)

Penthouse Loft #416 - 1648sf - $800k

Loft #215 - 1260sf - $750k

Loft #117 - 1483sf - $683k

BARKER BLOCK LOFTS IN THE ARTS DISTRICT (Formerly the Barker Brothers Furniture Factory & Warehouse)

Loft #424 - 1070sf - $849k

DTLA Open Houses This Sunday 4/5

South Park
1111 S. Grand #510 - 1-4pm
1111 S. Grand #708 - 2-5pm

City West
1234 Wilshire Bl. #511 - 2-4pm

Arts District

530 S. Hewitt #450 - 11-2pm

Little Tokyo
420 S. San Pedro #515 - 2-4pm

SOLD - Huge Banks of Windows in Mills Act Building - Rowan #1105

Beautiful, airy loft at the lovely Rowan Building on bustling Spring Street. The beautiful, spacious restored loft features 2 bedroom and 2 baths, one of the larger floorplans in the building. The west-facing unit features view of the Spring street park and views to the west. Located in the heart of the historic core, the unit is also blessed with original oversized double hung windows, wood floors and an entertainer's kitchen. Features an open plan with a partially walled off bedroom and a second bedroom area that can be used as an office, guest room, etc. The loft is 1260sf and the asking price is now $750k. Parking available in the adjacent building for a fee. The Rowan is a Mills Act designated building which can help save on property taxes.