Santee Village Lofts priced to sell from $199k

From the press release:
A limited release of 18 residences at Santee Village Lofts brings lofts in the Fashion District back on the market. The authentic, real lofts in historic buildings will be sold at a 1st Chance Sale, February 26th and 27th, with generous purchase incentives offered throughout the weekend. With the newly renovated lofts returning to market and priced to sell from $199K, the new ownership lead by Kennedy Wilson brings stability and investment opportunity to one of Downtown LA’s emerging hot zones. Located amongst a
spirited community of artists, creative professionals and cultural trendsetters, Santee Village lofts sits at the epicenter of the best art, culture, entertainment, and dining in the city. With $1 million in funds acquired by the Community Redevelopment Agency invested in revitalization, “The LA Fashion District is on the verge of change that could transform it into the next SoHo.” according to California Apparel News. And Santee Village Lofts will be the center of change and growth in this 115-square block of Downtown LA where ownership is not only a unique investment in urban growth, it’s a dynamic opportunity to experience an eclectic urban lifestyle. Those officially registered at www.santeevillagelofts.com will be given extended
price information counting down to opening weekend. A new sales center (213.867.2131), located in the Santee Village Courtyard will be open daily beginning on February 12, and four newly-designed model units will be available for preview showings. Originally built at the beginning of the 20th century by business tycoon Michael J. Connell, the buildings are the cornerstones of the rich architectural landscape and urban community of the Fashion District. Informed by an understanding of contemporary life, each residence retains the original concrete floors, large industrial windows, and high ceilings blending seamlessly with the modern fixtures and features that define today’s standard of loft living. Santee Village residents also have access to rooftop retreats including a basketball court, golf practice area, pool, spa, and lounge with barbecues. An urban oasis, the adjacent Santee Village Courtyard includes an ambient water feature, gourmet market, dog park, fitness center, patios and food court for further community and convenience.

This might be worth checking out!  But do read this and this before making any offers.

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