The only new-construction, for-sale housing opportunity in Downtown Los Angeles is coming on the market Jan. 11 when Warehouse No. 1, the final phase of Barker Block, debuts in the Arts District.
The Kor Group, the developer in partnership withBlackstone and CityView, is creating 68 adaptive reuse lofts that will add an additional 72,599 square-feet to the existing 242 live/work lofts in the neighboring building that was completed in 2007.
Affordably priced from $400,000, the one- and two-story lofts at Warehouse No.1 are housed in a reinvented and restored early 20th-century Barker Bros. Furniture factory and warehouse. The Kor Group is preserving the building’s original details including exposed brick, heavy timber beams and columns, wood and concrete floors. One-story lofts range in size from 679 to 2,000+ square-feet while two-story lofts range from 1,134 to 1,300+ square-feet. Construction is nearly finished and completion is expected late December 2013.
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If you are seriously considering renting, selling or buying a LA condo or loft and would like a private consultation, please contact us at 888-838-2177
David, Ramiro & Erica
LA Loft & Condo Specialists