1133 S Hope St Los Angeles Condo Developers Give Up

1133 S Hope St goes rental

REAL ESTATE NEWS

Another promising condominium has gone all rental — throwing in the towel on delivering a condo development project with units for sale, in favor of the more proven long term profit of rental income. While construction proceeds at a brisk pace, rental apartment management company Greystar has apparently been hired to manage 1133 S Hope St as a managed community of units for lease. It looks like the builder may have gotten nervous after hearing about other new construction condo towers not achieving projected sales volumes in Downtown Los Angeles recently.

This news comes just days after the LA Loft Blog reported that neighboring construction megaproject OceanWide Plaza has been stopped, and quietly put up for sale. #1133shopest #dtla #condos

Condos generally have a higher level of quality and finish than rentals. Other project that were built to be condos but launched instead as rentals include The Roosevelt Lofts and The Brockman Lofts.

Those who are looking to rent at 1133 S Hope St may contact Greystar for details, while those who want to buy at OceanWide Plaza might need to purchase the entire project for around $1 billion or so. | VIDEO

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1133 S Hope Street new homes to be instead offered as apartments for lease

Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

Los Angeles Real Estate – Open House Sunday Live/Work Loft 2-Story

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OPEN HOUSE L.A. LOFTS FOR SALE

200 N San Fernando Rd #115 — Open house is a great way to get to know what’s happening with the local real estate market, and to see up close and personal an outstanding place to live and work, like this 1,700 sq ft Alta Lofts condominium unit with amazing industrial character, high ceilings 17-ft, stylish concrete pillar columns, giant wall of windows with natural light. Windowed warehouse-style roll-up door opens up the wall completely. Elysian Park view facing west. This awesome loft features polished concrete floors, modern kitchen and baths, granite counter tops, stainless steel appliances, large bathrooms with tile floor, granite counter and stainless steel sink, laundry washer and dryer in unit, central A/C and heat, large walk-in closet. Gated covered parking space. Gated guest parking. Pet-friendly. Evening security guard patrol. Walk to shopping, restaurants, Metro, Elysian Park, Los Angeles River Bike Path, Frog Town Art Walk, Recreation Center Swimming Pool, Los Angeles State Historic Park. By Downtown, China Town, Elysian Park, Lincoln Heights, Brewery Lofts. Open house Sunday Dec 1 at 11:00 AM to 1:00 PM. For entry, call 213-880-9910. | VIDEO

Get a free list of loft open house addresses, dates and times. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

Lofts For Sale
Map Homes For Sale Los Angeles

SEARCH LOFTS FOR SALE Affordable | PopularLuxury
Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking

200 N San Fernando Rd #115, Los Angeles, CA 90031 For entry, call 213-880-9910

Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.