Sunday, June 25, 2006

Downtown Lofts starting at $439,000!!!

There's a one bedroom loft available in the Higgins Building for $439K. If you were curious about the LA Loft Scene, this building exemplifies what it is all about.

The Higgings Building

Located in the northern area of downtown two blocks south of City Hall, the Higgins was built in the early 1900s as an office building. A full history of the building along with photos of the original rehab project (when it was available for lease) can be seen by visiting:

http://www.andrewerie.com/sites/higgins/higgins.html
Why is it a potentially fantastic investment today?

1. Location

This property is located directly across the street from the new LAPD Headquarters that should be completed by 2008.
See:
http://www.dmjmhn.aecom.com/MarketsAndServices/39/98/index.jsp

The west side of the bulding is facing the Disney Concert Hall and the LA Times building. (Excellent Views)

AND MOST IMPORTANTLY it is 2 blocks away for the new Grand Avenue Project. Haven't heard of it? Check Out:

http://www.grandavenuecommittee.org/overview.html

and be sure to click on "Master Plan" for details and see the attached jpeg for more location information. This plan has the potentail to bring fantastic appreciation to this building!

The building is away from the wholesale commercial districts, shelters, and services, that tend to attract the massive amounts of foot traffic.

2. Building Amenities

24 hour doorman/security
Valet parking for you and your guests. (The cars are parked in the covered garage at the LA Times Building)
Brand new Pizza Grill Restaurant on the first floor
Opening a new Chinese food restaurant on the street level of the building
Opening a new Jazz Club on the street level of the building.
Rooftop deck with amazing City Views
Great Restoration - all of the hallways have been restored, the elevators have original character and detail.
Open space Loft style living

Can you tell I am a fan of this building?

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