Downtown buildings are selling--and for cheap, reports the Downtown News. In October, 6000 Gramercy Place LLC purchased a 24-unit building at 1416 Olympic Blvd for $1.16 million, while an 18-unit building at 1322 Catalina Ave. was sold to Fairfax Investments LLC for a little over $1 million. All the buildings "contained small units, all studios, singles or one-bedrooms." [Downtown News]
Filed under:
Downtown Buildings Selling For A Song
The Latest
Curbed LA Is Closing
Head to Curbed.com — soon to be a part of the New York Magazine family — for more of the Curbed LA that you know and love.
Koreatown Craftsman With Lots of Hand-Carved Woodwork Asks $1.5M
Built in 1910, the house sits on a lush property that includes a recording studio out back.
Loading comments...