Bunker Hill | Downtown Los Angeles Lofts & Condos For Sale
Bunker Hill Downtown Los Angeles lofts & condos for sale. It was 1867 when two wealthy developers, Stephen Mott and Prudent Beaudry (who later would become the 13th Mayor of Los Angeles) purchased a majority of land up the steep “hill”, just north of modern day DTLA. Because of the hill’s excellent views of the Los Angeles Basin and certainly it’s proximity to the Los Angeles River, they knew that it would make for an opulent subdivision. Most importantly they employed surveyor George Hansom to help divide up the land into 80 plots to sell to individual buyers and Bunker Hill was born. The dominant architecture of the houses were certainly Victorian in style. Due to the geography of the area, these residents were able to escape the hustle and bustle of the fast growing city around the flatland at the bottom of the hill.
Angel’s Flight and Politics
After the introduction of the horse carriage to the neighborhood, the iconic Angel’s Flight was proposed. Due to it’s quick trip, it was dubbed “The World’s Shortest Railway”, and it took residents homeward from the bottom of the 33% grade and down again. However, In 1955 the Los Angeles city planners decided that Bunker Hill required a massive slum clearance project. In light of this, there was a concerted effort which led to the “removal of the blight” and redevelopment of the area.
In time, the California Community Redevelopment Law of 1945, the Federal Housing Act of 1946, the creation of the Community Redevelopment Agency in 1948, and the Bunker Hill Urban Renewal Project in 1959,. Because of this the “hill” was fast becoming a national destination and proud feature to downtown Los Angeles. The Bunker Hill project was the longest redevelopment project in Los Angeles history. Most of the skyscrapers on Bunker Hill were built in the 1980’s, however, the momentum died down in the 1990’s, shortly after the 52-story Two California Plaza was finished. In 1999, the vacancy rate for downtown commercial skyscrapers was 26%, one of the highest in the nation for that time.
A New Day On “The Hill”
Fast forward to 2020 and Bunker Hill is being re-imagined by big time developers like The Related Company and famed architect Frank Gehry. Because of their strong partnership, construction is well underway with the highly anticipated “Grand Avenue Project”. This $1b dollar mixed use complex towering above popular Grand Park will include a 39 story tower of condos and a 20 story tower which will house a 309 room Equinox hotel along with shops and restaurants. Additionally, Eli Broad has brought his high profile museum to the area along the impressive Emerson, a stunning rental building.
Here is the short list of theater, arts and things to do and see on “The Hill” today!
- L.A. Central Library
- The Grand Avenue Project *Coming 2021
- The Steps of Bunker Hill
- Walt Disney Hall
- Cathedral of Our Lady Of Angels
- Museum of Contemporary Art
- Angel Flight Tramway
- John Ferraro Bldg (Home of the LADWP)
- The Colburn School
- The Dorothy Chandler Pavillion
- The Mark Taper Forum
- Grand Park
- The Broad Museum
Featured Hot Lofts for Sale in Downtown LA Bunker Hill District
Buy | Lease With The RandelleGreen Group
When looking for Downtown Los Angeles lofts for sale, The RandelleGreen Group can help. If you are looking to buy or lease a condo in downtown and you see yourself as part of the theater crowd or like the idea of being just outside the hustle & bustle of City Center. If you like the idea of being part of the re-imagination of a historical time in downtown, I suggest taking a good look at Bunker Hill. These properties, due to their construction are “condo” in style as opposed to “lofts”, more size, separation with big views of the downtown skyline and San Gabriel mountain range. Call DTLA Broker Randelle Green now.
The Top Restaurants On Bunker Hill
- The Bunker Hill Bar & Grill
- Nick & Stef’s
- Blue Cow
- Firenza Pizza
- Pez Mexican Cantina
- L.A. Prime
Commute Times Around Downtown From Bunker Hill
Due to it’s convenient location, Bunker Hill sits right along the 101 & 110 freeways. The 101 merges into the 10 and 5 while the 110 takes you right into Pasadena. Bunker hill is the most northern downtown district, any further and you are in Chinatown!.
- The Fashion District: 2.7 miles
- Little Tokyo: 1.1 miles
- City West: 1.2 miles
- The Arts District: 2.5 miles
- South Park: 3.6 miles
- The Financial District: 1.0 miles
- The Historic Core: 0.7 miles
Check out the primary Bunker Hill Buildings below and call 213-254-7626 for any tour requests or for more information!
Bunker Hills Primary Buildings:
|Loft Photo||Loft Name||District||Address||Sale/Rent/Both||Year Built/Renovated||# of Units||Lofts for Sale||Lofts for Rent|
|Bunker Hill Tower Lofts||Bunker Hill||800 W. 1st St. 90012||B||1968||256||View Lofts For Sale||View Lofts For Rent|
|The Promenade Lofts||Bunker Hill||121 S. Hope St. 90012||B||1986||141||View Lofts For Sale||View Lofts For Rent|
|The Promenade West Lofts||Bunker Hill||880 W. 1st St. 90012||B||1982||135||View Lofts For Sale||View Lofts For Rent|
|The Emerson Lofts||Bunker Hill||225 S. Grand Ave 90012||R||2014||2014||View Lofts For Rent|