If you want urban living in Los Angeles, it doesn’t get any better than owning a downtown Los Angeles condo. The DTLA of today, tucked at the confluence of I-5, I-10, and I-110, is the product of a century’s worth of development into the instantly recognizable skyline of skyscrapers that forms the legal and financial heartbeat of one of the world’s greatest cities and most prosperous real estate markets.
Downtown LA luxury condos, several in high rise buildings, are the gold standard of the residential scene. The Ritz-Carlton at LA Live affords affluent downtowners the chance to be next-door neighbors with the Staples Center, home to the Lakers, the Clippers, the Sparks, and the Kings.
Soulful and artsy types may opt for an Arts District condo. This trendy section of DTLA is home to countless arts galleries and restaurants. The neighborhood is also home to Soho Warehouse, an upscale private club built into a historic warehouse.
People who love historic environments can now live in the “Jewel of Downtown”—Eastern Columbia Building, a 1930s-vintage high rise with an Art Deco clock tower decorated in turquoise terracotta. One of the most recognizable landmarks downtown, it’s now converted to residential lofts.
Prices for downtown condos vary widely, but list prices seem reasonable compared to other parts of town, reflecting a lower average square footage. Median list prices hit just south of $700,000, with downtown luxury condos heading north of $1 million.
That’s life in the air. On the street, there’s the thriving culinary, nightlife, shopping, and arts scene, from Little Tokyo to the Jewelry District, as well as a universe of Art Deco and Beaux-Arts architecture to enjoy. At night, the city views just don’t quit. Welcome to the
high rise life in Downtown Los Angeles.
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