New High-Density Apartments Coming to Downtown Los Angeles

A fifteen story modular apartment building planned in DTLA It is a courtyard style building that balances high density against reduced parking.

Gensler is designing the project, located at 121 W. 3rd Street, which would be composed of prefabricated modular units.  The building has a U-shaped footprint above the podium level, wrapping a landscaped central courtyard that opens to the sky.  Amenities planned include a fitness center and a rooftop deck

Renderings of the apartment complex depicted a rust-colored exterior, highlighted by a system of perforated metal screens that frame exterior-facing balconies. #newconstruction #entarlovesyou

Across the street from the Ronald Reagan federal building, the new construction apartments will be across the street from the historic Douglas Building lofts, and just a block from the Higgins Building.

What do you think of trading building requirements for increased affordable apartments? Leave a comment here.

See new Downtown Los Angeles Apartments. Fill out the online form.

The proposed development would set aside 37 of the apartments as deed-restricted affordable housing. In exchange for the approval of density bonus incentives to permit increased height and floor area, as well as a reduction in required automobile parking. 

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

Copyright © This free information provided courtesy L.A. Loft Blog with the information provided by Corey Chambers, Realty Source Inc, DRE 01889449; MPR Funding Inc NMLS 2000513. We are not associated with the seller, homeowner’s association, or developer. For more information, contact 213-880-9910 or visit LALoftBlog.com, Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties are subject to prior sale or rental. This is not a solicitation if the buyer or seller is already under contract with another broker.

Downtown Los Angeles Real Estate Scarcity, L.A. Urban Housing Shortage and Explosion of Home Prices

REAL ESTATE NEWS

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.

Get a free list of available live/work lofts for lease or for sale. Call 213-880-9910 or 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

Broadway, Downtown LA

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, DRE 01889449; MPR Funding Inc NMLS 2000513. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.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.