Luxury Lofts Downtown Los Angeles – 900 W Olympic and The Rise of the Ritzy Highrise

As demand continues to soar and supply dwindles, prices have now grown to well over $10 million for a luxury high-rise penthouse at the Ritz-Carlton Residences. The Downtown News recently reported that a 6,590-square-foot condominium has just hit the market. The most expensive Downtown residence ever, unit 51A, a two-level penthouse in the Ritz-Carlton Residences at L.A. Live is listed for and asking price of $15 million.

ritz-carlton-residences-la-live-staples-ctr

The crown jewel of Downtown Los Angeles, 51A is a duplex penthouse atop The Ritz-Carlton Residences at L.A. Live and was masterfully custom designed by Moore Ruble Yudell. With 6,590 sq. ft. of fully-furnished interiors, this remarkable residence in the sky affords you uninterrupted jetliner views of downtown and the Los Angeles skyline, access to The Ritz-Carlton’s gold standard of service and has you an elevator ride away from city’s premiere sports and entertainment attractions.

luxury-lofts-downtown-la-150623

ad-upscale-domain-rsiThe sleek, flush design is ideal for showcasing artwork and creates a dynamic visual experience throughout. A second level en-suite guest bedroom is joined by a master wing featuring a lounge room, spa-like bath, full bar and closets reminiscent of a high-end boutique. In addition to a world-class restaurant, residential sky lobby and private heated rooftop pool terrace, all residents can seek out the nearby STAPLES Center, Nokia Theatre, L.A. LIVE and The GRAMMY Museum.  Request details, photos and viewing.

Three more brand new luxury high-rise condominium buildings are in the works, including Metropolis Los Angeles now under construction, along with upcoming high-rise projects at Grand Avenue Parcel Q and 1133 S Hope St.

Get a free list of upscale and move-up home, luxury lofts, high-rises and penthouses in Downtown Los Angeles. Fill out the online form:

 

LOFT & CONDO LISTINGS DOWNTOWN L.A.  [MAP]

button        button (1)        

SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $30,000,000
Browse by Building  |  Neighborhood  |  Size  |  Bedrooms  |  Pets  |  Parking

ASCENDING ORDER (low to high)    |    DESCENDING ORDER (high to low)


Copyright © 2015 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 necessarily associated with the home owner’s association, seller 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.

New Apartments Join Old Historic Core Buildings – More Condos to Be Rented Instead of Sold

525-springReplacing what is now a parking lot between the Spring Arcade building and the Alexandria Hotel, a new building is being designed with modern style that includes wavy white architecture and balconies.  Its aesthetic is very different from the historic buildings that will sandwich it.

The LA Downtown News recently reported that Australia-based developer Joseph Hellen has spruced up his plan for a 40-story apartment tower with a proposal to renovate and activate three small Broadway theaters.

Across the street are the Security Building lofts and SB Spring lofts for lease.

Spring Arcade During Renovation

The proposed new building will be designed as a condo, but will be leased, as has been the trend for most recent residential developments in Downtown.

Get a free list of Historic Core loft rentals.

Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN L.A.  [MAP]

button        button (1)        

SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $10,000,000
Browse by Building  |  Neighborhood  |  Size  |  Bedrooms  |  Pets  |  Parking

Copyright © 2015 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 necessarily associated with the home owner’s association, seller or developer. For more information, contact (213) 478-0499 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.