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Apartment - Flat to Buy in | Los Angeles County - United States - Ref 491029

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Apartment/Flat Description

Solair introduces a new concept in high-rise living. A home draped in internationally-inspired design, filled with lavish living spaces and created of entirely new construction. Form, finishes and details coming together like never before. This 22-story luxury high-rise development is slated for completion in December, 2008 and will create a skyline signature that contributes significantly to the long standing vision for a transit-oriented, urban lifestyle in Los Angeles.

Solair residents will have access to exceptional amenities and personalized privileges. A private, seventh-floor 2/3 acre resort-style amenity deck offers a large pool, spa, outdoor fire-pits, resident herb gardens, an indoor/outdoor lounge, fitness and yoga room and resident's club. The second-floor lobby will also feature an exclusive business center and conference room for residents.

The design highlights a spectacular glass wall residential tower that rises above an expansive two-story retail platform and parking structure. As such, it will become an architectural beacon that will reshape the skyline of Koreatown to create a landmark structure that will be recognized for years to come.

A new place to call home. Solair is located at Wilshire and Western, in the heart of Koreatown and just steps from the Wilshire/Western Metro Line Station. Redefining the historic intersection will be a two-story, block-long retail plaza at the base of the building, offering high-end retail brands, dining and services. Beyond a thriving neighbourhood surrounds your home, where culture, lifestyle and entertainment intersect.

Main Info:SOLAIR's uniqueness & replacement cost preserve its value and will drive its value higherUnique high-quality project in prime submarketLocated on famed Wilshire Boulevard next to a subway stationSurrounded by incredible amenities including several million SF office buildings, grocery stores, movie theaters, restaurants and all forms of entertainment.Apartments priced at or below their current replacement cost.Downside is protected due to lack of competing products between downtown & Santa MonicaLack of supply will speed up the recovery and drive higher prices in the mid-termSouthern California real estate has historically outperformed most other real estate markets in the US/World and is expected to continue doing soThe US Dollar is trading at all-time lows against the Sterling & Euro. This is good news for foreign buyers seeking increased purchasing power for prime real estate that commands a premium.
Purchase Terms:

Only 10% deposit until Completion, up to 80% financing available upon completion.

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Approximate price of this 0-Bed Unknown
€514,807 EUR | 
£412,000 GBP | 
US$645,877 USD | 

(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 491029 
Town Los Angeles 
Region Los Angeles County 
Province California 
Country United States  
Type Apartment/Flat
Bathrooms
Category Re-Sale  
Listed over 1 year ago
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Purchase this Apartment/Flat in Los Angeles for

US$1,085p/m

(60% LTV, 5% Interest Rate, 30 years)

(Subject to status. Information given for guidance purposes only.)

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