A new apartment complex in Historic Filipinotown is leasing units starting at just over $2,000 for a studio, according to Eastsider LA, which first spotted the pricing information for the 69-unit apartment complex.
The wedge-shaped complex, called 333B, is adjacent to the famous HiFi Giraffe sign.
According to 333B’s website, rent for a 494-square-foot studio starts at $2,087 and one-bedroom units start at $2,520. The most expensive unit the complex has to offer is a sprawling three-bedroom apartment measuring 1,436 square feet; it rents for $6,730.
ELA says these beefy rents “set a new high for Echo Park south of the 101, which had long been the lower-priced alternative to the higher prices traditionally found north of the freeway.”
Residents will have access to amenities ranging from covered, underground parking to a rooftop lounge with a spa and fire pits. The complex also has a gym, an outdoor movie area with a big screen TV, and something described as a “leisure park.”
When the project was previewed in a meeting of the local neighborhood council, residents were staunchly opposed to the look of the building, with one local commenting, “I would not want to live in it. I would not want to look at it."
Situated on a slim lot at Temple Street and Belmont Avenue, the complex is “painted in blocks of white, grey and Kermit green,” says ELA.
This isn’t the only new residential complex HiFi has on the way. Just a few blocks west, on Temple and Bonnie Brae streets, 200 apartments are comping up in a complex called Alexan South Echo. The apartments, expected to be complete in October 2018, will rise on the former site of the warehouse where the Derby Dolls played for years.