Wednesday, July 3, 2013

Elleven South Lofts of Downtown LA - 1st Green Residential Building in Downtown - For Sale & For Rent!


The Elleven South Lofts, built in 2006, is the first green residential building constructed in Downtown Los Angeles. It is located at 1111 Grand Ave in the South Park neighborhood of downtown on 11th Street and Grand Avenue.


There are a wide range of units, including studios and penthouse suites. Each luxurious unit has bamboo floors, stainless steel appliances, parking, a laundry room, and spectacular views of Downtown LA.


The building has 13 stories and each unit is styled as a "soft loft" with a bedroom area. This means that it is not a traditional loft in the sense that it does not have concrete floors and exposed pipes/duct work. It is more like a condo, but still offers wide and open living spaces with huge windows like a loft.


This building is an entirely new construction and is LEED-certified by the U.S. Green Building Council. It includes many innovative green building technologies such as:
  • Materials for the wood floors from sustainable forests
  • Low flow showers and toilets
  • Natural fibers for carpets
  • Large windows to let in natural light to save on lighting costs
  • Treated glass and sunshades to save on cooling costs
  • Transporting materials to construction site more efficiency to save on fuel costs
  • Recycled materials
  • Low-emitting paints
Units for sale in the building typically range from $475,000 to $700,000 for 1 bedroom units and between $1M and $2.5M for the 2-3 bedroom units, including the penthouse units. Leases in the building typically range from $2300 to around $5000/month, depending on the size. 

There are currently 7 units for sale in the Elleven South Lofts and 3 units available for lease. 

For Sale:
-1 bedroom, 1 bathroom, 790 sq ft - $485,000
-1 bedroom, 1 bathroom, 790 sq ft - $486,000
-1 bedroom, 1 bathroom, 970 sq ft - $549,000
-1 bedroom, 1 bathroom, 1040 sq ft - $585,000
-1 bedroom, 1 bathroom, 1040 sq ft - $599,999
-1 bedroom, 1 bathroom, 1030 sq ft - $600,000
-1 bedroom, 1 bathroom, 1080 sq ft - $619,000

For Lease

-1 bedroom, 1 bathroom, 960 sq ft- $2500/month
-1 bedroom, 1 bathroom, 1100 sq ft - $2650/month
-2 bedrooms, 3 bathrooms, 2110 sq ft - $5000/month


Please feel free to contact me directly at (310) 717-1321 or JamieTian@RodeoRE.com if you are interested in purchasing a property in the Elleven South Lofts, or another property in the Los Angeles area. I would be happy to provide you with an updated list of available properties, schedule a viewing, or answer any real estate related questions.

If you are interested in selling your unit at the Elleven South Lofts or another Los Angeles condominium, I would be happy to provide a free professional estimate of your property value with no obligation!

Check out my website at www.JamieTian.com! (You can do a live/up to date search of homes on the market!)

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