Located in downtown Los Angeles, the Financial District is a neighborhood bordered on the east and west by S Olive Street and the Harbor Freeway (110) respectively. The Financial District area was created as an alternative to the original “Spring Street Financial District” which saw a decline starting in the 1950’s. Demand for housing in the area as surged over the last decade with development either under construction or being planned. Surrounding districts include Westlake, Chinatown, Historic Core, and the Jewelry District. The
Financial District itself is considered part of Downtown and also “New Downtown” which is west of the Historic Core. The L.A. County Metro Transportation Authority offers subway, light rail, and bus service throughout the district to the rest of Los Angeles. The Wilshire Grand Center on Figueroa Street in the Financial District is one of the tallest buildings in Downtown at 1,100 feet and will be a mixed-use building offering a hotel, retail stores, observation decks, shopping malls and offices, and has revitalized the surrounding area. There are at least a dozen other well known buildings in the Financial District that make the skyline of Downtown especially beautiful. Nearby attractions include the Staples Center, the Microsoft Theater, the L.A. Convention Center, the Walt Disney Concert Hall, the historic Downtown Farmer’s Market, and the Grand Central Market- the largest and oldest shopping venue in the City of Los Angeles.
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Copyright © This free information provided courtesy SoCal Home Blog with information provided by Corey Chambers, Realty Source Inc, BRE#01889449. We are not necessarily associated with the seller or developer. For more information, contact (213) 880-9910. Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.