6253 Hollywood Blvd | The Lofts at Hollywood and Vine

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Equitable Building 1937

Lofts at Hollywood and Vine
6253 Hollywood Boulevard
Los Angeles CA 90028

Lofts at Hollywood and Vine is a 12 story Historic High-rise in Hollywood. Built in 1929 by Drug Store magnate Sam Kress, it was original purposed as an office tower, that Kress planned to be the wall street stock exchange of the west.

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The building became known as the Equitable Building shortly after it was built in 1931. It got this name because the building’s largest tenant was the Equitable insurance company.

Aleck Curlett was the architect of the building. Curlett designed it in a Gothic/Art Deco style. Aleck Curlett also designed the Park Plaza Hotel in MacArthur Park and the Irving Thalberg Building at MGM.

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Gothic Gargoyles

If you look up from the street you can still see the hand carved gargoyles, standing watch, chasing away evil spirits. There is a repeating pattern of floral ornamentation, and a mansard copper roof, in addition to the Electric Flashing Patron Tequila Billboard that tops the building these days.

In 2007, developer the Palisades Development Group spent $50 million renovating and converting the office tower in 60 loft style condos. Killefer Flammang Architects presided over the conversion. The condos are Live/Work Lofts.

Location

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The Lofts at Hollywood and Vine is located on the Hollywood walk of fame at the northeast corner of Hollywood and Vine in prime Downtown Hollywood. Broadway Lofts and the W Hollywood  are two nearby condominium building neighbors.

The Metro Red Line station is within walking distance. The Lofts at Hollywood and Vine ground level retail. The names change, but there is always a pub restaurant occupying the ground floor. It currently is Taps 33.

There is a Starbucks across the street, and a Trader Joe’s about a block down at Selma and Vine. Hollywood has a farmers market every Saturday on Ivar. Hollywood Blvd has a ton of entertainment- with clubs, restaurants, music venues, and bars. Hollywood classics Ameoba records, the Pantages, and Arc Light cinemas are close. There are plenty of gym options as well with La Fitness son El Centro and Equinox.

Hip urban living at its finest!

Real Estate

Floorplans are true loft with not wall separating bedrooms. Some of the floorplans are single level (1,2,3) and some are townhouse (4,5,6,7,8,9) style layouts. There are no Balconies. Condos 302,303,304,307,308 have mezzanines.

Condo Mix:

1br (27) 750 sqft – 900 sqft

2 br (33) 1,000 sqf – 1750 sqft

There is no formal penthouse level per say. There are only 3 condos on the 12th floor and none of the floorplans on the 11th or 12th floors are combined to create larger condos than on lower floors.

The condos feel very industrial chic with high ceilings, concrete floors, and exposed ducting. Kitchens are white on white, with white European style cabinets, and white quartz counters. The developer went a step above and beyond on the appliances, equipping residences with Stainless-steel Viking Gas Stoves, Fridges, and oven hoods. Continuing the white theme, the Bathrooms have white Ann Sacks tiles. The lofts have a clean, gallery-inspired aesthetic. Main bedroom has a nice size walk in closet.

Since this building is a high-rise, there are views, views, views.

Pricing

1BR: $500,000 – $600,000

2BR: $700,000 – $800,000

Turnover Ratio? unknown

Record Sale $1,249,000   7/24/2007

Appreciation: unknown

Amenities

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Flashback!

-Lobby

-24 Hour Valet & Front Desk

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-Rooftop Sundeck (with Barbecue and Firepit)

-Storage Space

Parking & Laundry

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Parking in Lofts at Hollywood and Vine can be tough. The Building has no Parking garage inside. Instead the building operates a parking lot nextstore to the building that owners can lease spots in. The Parking lot has car hoists to increase its capacity. Owners get the right to rent either 1 or 2 parking spaces in the parking lot depending on the size of the condo and whether they want them or not. Parking is $242/mo. per parking space and NOT Included in HOA dues. No Guest Parking.

Laundry is in each unit. Stacked ductless washer and dryer.

Home Owners Association

HOA dues Monthly Cost? $800/mo. – $900/mo.

HOA dues cover? Water, Electric (1 electric meter for entire building), Trash, Building Maintenance, Building Insurance, EQ insurance, Reserves

Owner Pays For? Parking, Gas, Internet, Cable, Condo Insurance

any special assessments? No

Pet Policy?

Rental Policy?

EQ Insurance? Yes

Building Reserves?

Special move in instructions?

Management company?

Front desk phone number?

 

 

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