After three years of falling urban home prices, Downtown L.A. property values shot up dramatically in October and November of 2021. While the rest of the country begins to simmer down or cool off, Downtown LA takes off! Today, the best Downtown lofts and condos are going fast. Many lofts for lease are today already leased by the time prospective renters request a viewing. This week saw many would-be renters feeling let down as their prospective lofts were taken by other renters before they could make an appointment to see them. Eastern Columbia unit 912: NABBED! 655 Hope St #904: NABBED! 215 W 7th St #1310: Many applications received! Get a jump by getting early email notification of desirable properties before the competition nabs ’em.
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The Historic Bank District is ground zero for loft apartment conversions in DTLA
Located in the Historic Core of Downtown Los Angeles, the Old Bank District provides an ever-expanding assortment of dining, pubs, art venues, shops and entertainment for Downtown loft residents. The Historic District has evolved during Downtown’s renaissance with the revitalization of old buildings and new construction in the neighborhood. In 2004, the City of Los Angeles officially recognized the community-building efforts of the Old Bank District and certified it a city district with the following demarcations: Spring and Main Streets, connected by 3rd and 6th Streets.
The neighborhood was the financial district in the early 1900s with some of the tallest buildings at that time hovering around 12 stories. As 30-story skyscrapers started being built in the 1960s to 1990s, the new financial district replaced the Old Bank district as the central hub of finance on the West Coast.
The district resembles the metropolitan life of New York City, with the new vibe of Downtown’s amazing renewal. The Old Bank District’s original character has been re-captured and has blossomed into a modern neighborhood where creative productivity, home life, entertainment and relaxation all combine with imagination and class. Urbanites of all persuasions and lifestyles are drawn to the area for its powerful combination of creativity and entertainment, along with the flavor of genuine Los Angeles flair, where many have set up their businesses and lives.
Considered one of the finest buildings in DTLA, The San Fernando Building at 400 S Main St, 90013 is a historic landmark displaying meticulous early 1920’s iconic architecture in one of the city’s historically preserved neighborhoods, the Old Bank District. Step inside and admire authentic downtown loft-style living. Our Downtown LA CA Apartments feature remarkably high ceilings with exposed beams, large windows, polished concrete floors, gourmet kitchens, and open floor plans that are illuminated by ample natural light.
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You can get a report on a specific DTLA neighborhood like the historic bank district. Fill out the online form.
Crypto.com Arena, LA Live, Disney Concert Hall, The Broad Museum, MOCA, and the Music Center are just minutes away. Public transportation and local freeways: 101, 5, 110, 10 are easily accessible due to the numerous bus stops, the metro station, and the building’s central location.
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