Gold Coast Investments
When you think of Los Angeles, you don't typically think of a pedestrian-friendly locale, unless you enjoy walking along a road divider. But the city's downtown area is a far cry from its other neighborhoods dominated by strip malls and freeways. Thanks to revitalization efforts over the last few decades, much of Downtown LA is now a thriving cultural hub, boasting popular restaurants like Drago Centro and Guisados, lively hangouts like the Ace Hotel and Angel City Brewery, and a slew of stores. DTLA is home to the L.A. Life entertainment complex, which includes the large-capacity Staples Center, in addition to cultural touchstones like The Broad, and Little Tokyo, home to funky Japanese shops and the best sushi in the city.
It's also pretty newcomer-friendly—while Los Angeles is notoriously hard to navigate without a car, DTLA is accessible via the Metro bus and rail lines, and since the neighborhood itself is mostly walkable, it is especially inviting for New Yorkers who aren't prepared to get trapped in their cars. And, of course, the weather is...well, it's L.A., it's perfect almost all the time.
The real estate in DTLA consists primarily of relatively new condo developments, a significant number of which are priced lower than comparable spaces in Manhattan, though you can still find multimillion dollar penthouses if that's what you're looking for. Here's a sampling of what's available:
This 1,580-square-foot, two-bedroom, two-bath penthouse apartment, also pictured above, features stunning views of the city's high-rises, in addition to hardwood floors, floor-to-ceiling windows, a dining room, and an open concept kitchen with a breakfast bar and stainless steel appliances. Both bedrooms have walk-in closets and en suite bathrooms, and there's a separate laundry room with a washer and dryer in-unit. The condo is located in the high-end SkyLofts building, with property amenities including a 24-hour concierge, a fitness center, and a movie screening room. The unit is priced at $1,100,000.
This one-bedroom, one-bath corner unit in DTLA's Little Tokyo area runs a cozy 848 square feet. It's got big windows, an outdoor terrace, and space for indoor and outdoor dining, in addition to a separate kitchen, a wet bar, and a bedroom outfitted with large closets. Other highlights include central air-conditioning and in-unit laundry. Building amenities include 24-hour desk security, a fitness center, and a pool. The unit is priced at $460,000.
This two-bedroom, two-bath garden-level condo has a funky industrial feel, thanks to its 15-foot ceilings, sleek contemporary kitchen, tiled floors, and loft bedrooms (curtains help make the sleeping spaces a little more private, but the downstairs alcove probably works best as a guest room.) The condo also has what looks like a lovely outdoor terrace, and there is a washer/dryer in-unit. The condo is located in the Rowan Lofts building, with building amenities including 24-hour security, a lounge, and two spa pools. The unit is priced at $925,000.
If need space and you've got some extra cash in your budget, this three-bedroom, two-bath corner loft unit makes up 2,060 square feet, and has walk-in closets, a big balcony, a dining area, and what looks like an office space. Other highlights include floor-to-ceiling windows with skyline views, a gorgeous chef's kitchen with an island for casual dining, and an en-suite master bath with a glass shower and separate tub. There is also a washer/dryer in-unit. The unit is located in the Elleven building, with amenities including a 24-hour concierge, two deeded parking spaces, a pool, and a spa deck. The condo is priced at $1,469,999.
This newly remodeled two-bedroom, two-bath unit located close to The Broad features floor-to-ceiling windows, spacious bedrooms with lots of closet space, and an open-concept living room that pairs with a funky-looking chef's kitchen. The condo is located in Bunker Hill Tower complex, an older development with amenities like 24-hour concierge and security, an Olympic-sized pool, spas, tennis courts, and multiple fitness centers. The unit is priced at $788,000.
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