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Larchmont Lofts Drops Sales Plan, Goes Rental

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This is going to be a big week, people. Chops, flips, runs, and switacharoos like this: Larchmont Lofts has gone rental. The three-story, 21-unit building, intended to gussy up this stretch of Melrose and located conveniently near tasty Astroburger, opened for sales in late April/May, offering units priced from $750,000-$1.25 million. Alas, not a single unit sold and now the building is renting out units for $3,200-$5,000 a month.
· Curbed Inside: Larchmont Lofts On Melrose Avenue [Curbed LA]