Downtown Los Angeles Real Estate
Downtown Los Angeles lofts for sale is a topic I know a great deal about. When I came into the DTLA market in 2005 things were just getting warmed up down here. But there was no LA Live, no Ralph’s, no Whole Foods or CVS. None of the big companies that now call downtown their home were here. South Park was a vast empty wasteland and The Arts District was “under construction”! So, being a young, new local Realtor, downtown seemed overwhelming, but I was excited to get started. I came up through the channels of new construction, big developers like The South Group, KOR, Milbank and Urban Pacific Builders. I was tasked with leading sales teams for The Pan-American Lofts, The Roosevelt and mega-complex Evo, Luma and Elleven. However, little did I know that things were about to change in a big way!
Spreading the word
I remember driving out to the west side speaking to the different brokerages. Where I would give broker out-reach speeches to various Keller Williams and Coldwell Banker offices about loft apartments for sale. My goal was to enlighten them that downtown Los Angeles lofts for sale were happening. More importantly that there was so much more coming. I would paint a picture that something called LA Live was coming downtown. This high end shopping and entertainment complex would house a Ritz Carlton hotel and Residence Tower. A new ESPN west coast corporate office. An entertainment facility called The Nokia Theater and numerous restaurants and eateries like The Yard House, Wolfgang Puck, Trader Vics and much more. But agents were skeptical, because for years downtown Los Angeles was rough and not a place where people thought that they wanted to live. Little did they know that things were about to change.
The Renaissance of Downtown Los Angeles
But fast forward to 2020 nearly 60,000 people now call downtown their home and they happily reside in districts like South Park , The Arts District, The Historic Core and Little Tokyo. They live and work on Bunker Hill, The Fashion District, City West and The Financial District. Who would have thought that downtown Los Angeles’s lofts would become so popular. Because years ago evenings downtown would be empty, but today it is so different after hours the trendy bars and restaurants are packed. Men with their business suit’s on and tie’s loosened fill the streets. Millennial’s are partying and hanging out in hotel lobby’s and clubs. Residents shopping for evening grocery’s with children running along side. Yes downtown Los Angeles has arrived and has become an international destination.
Finding the Perfect Downtown Loft or Condo
We built it and they came, sounded off some of the top developers in the area. Downtown Los Angeles lofts are now prevalent and available from starter price points of $400k and up. Affordable studio’s in the Historic Core to multi million dollar penthouse’s in South Park and LA Live’s Ritz Carlton Residences and Metropolis http://www.metropolislosangeles.com . Downtown Los Angeles has become a self contained microcosm of culture, diversity and functionality. Now, for those of you that are attracted to moving downtown. Find a good, a local real estate professional to show you the rope’s. A agent that knows the area, knows the market and can help find your dream loft or condo. Maybe that’s where I can help, my name is Randelle Green and I have been representing clients downtown since 2005, my brokerage, The RandelleGreen Group http://www.TheRandelleGreenGroup.com has been leading the way for many years. Welcome home!