Most of the housing in converted buildings available in downtown LA have been rentals. Now 88 lofts are for sale.
There are only two projects in historic downtown Los Angeles that are selling units instead of renting them. One is the toy lofts project at 3th and Santa Fe in a former toy warehouse. The other is on south Flower. According to a developer, condos or lofts for sale are a quicker way to make money. The sales price of the new project near Staples Center will sell from the high $200,000 range to $500,000. "And home ownership is something that absolutely should be in the mix of downtown housing."
Thanks to Gwenn Hilburn
FULL STORY: Project Will Offer 88 Lofts for Sale

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