October 8th DTLA
Real Estate NEWS

Check out real estate news for DTLA this week.

Tuesday, October 8th, 2019

By Dino Buiatti
L.A. Realtor | @DTLADino | 213-270-5613 | [email protected] | BRE# 01909958

NEW DTLA LISTINGS THIS WEEK

Please see our update on new DTLA listings this week. There are 17 new condos for sale downtown; ranging from $399K to $2.808M.

See  all NEW listings at happeningindtla.com.

NEW DTLA LISTINGS

WHAT $690K BUYS YOU IN LA & DTLA

CurbedLA reports on properties around LA for $690K. Mt. Washington, Echo Park, Beverly Hills, Santa Monica & Angelino Heights. Also see 12 DTLA condos in the same price range.

WHAT $690K BUYS YOU IN LA/DTLA

WEWORK HITS THE ARTS DISTRICT

Also reported by Curbed, WeWork recently opened it’s 20 LA location in the Arts District (1019 East Fourth Place). The five story 60K Sqft. building dates to 1924.

WE WORK ARTS DISTRICT

HALF OF CALIFORNIANS THINKING OF LEAVING

Citing mainly the high cost of housing, The Real Deal reports more than half of registered California voters have considered leaving the state. Young voters are more inclined to consider leaving and actually more likely to do it. LA County is short half a million units and developers say excessive fees discourage building. Read more…..

CALIFORNIANS LEAVING THE STATE

PERLA PROPOSES ROOFTOP SIGN

As reported by UrbanizeLA, the Perla on 4th has proposed a 75′ x 35′ sign that would rise more than 446 feet above see level. The Central Area Planning Commission is scheduled to review the proposal September 10.

PERLA ON BROADWAY PROPOSES ROOFTOP SIGN

BYE BYE CAR WASH

As reported by UrbanizeLA, new renderings have been provided for the 57-Story building that will replace the car wash at Olympic & Figueroa. Plans include  374 condos, 373 hotel rooms, offices, and shops on the lower floors. Construction could begin as soon as 2020.

FIGUEROA & OLYMPIC CAR WASH

PERSHING SQUARE TOWER APPROVED

LA City planning has approved a 53-story hotel & condo tower near Pershing Square. It would feature a 190 room hotel, 29K sqft. of retail space and capped by 31 condos. Project completion is targeted for 2023.

PERSHING SQUARE TOWER APPROVED