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In 1952, the apartments purchased the Union Oil Building at S Hope Street and 7th Street in Downtown Los Angeles as an investment for $2.2 million [6] (equivalent to $25.2 million in 2023). In November 2012, the El Royale was purchased by Kamran Hakim and Farhad Eshaghpour for $29.5 million in cash.
The three developers had already built the Promenade and the Promenade West Condominiums in Downtown Los Angeles. [3] The towers, built on 4.26 acres in Bunker Hill, [2] were completed in 1985. [4] [5] At the time, they formed the first privately owned apartment complex built in Downtown Los Angeles since 1970. [1]
The STILE Downtown Los Angeles by Kasa, is a limited-service boutique hotel and former office tower located at 937 South Broadway in downtown Los Angeles, California. It is home to the accompanying theatre, The United Theater on Broadway. It was the tallest building in the city for one year after its completion in 1927, and was the tallest ...
Residents tried for years to get the city to help with dangerous and unsanitary conditions at their property. Despite multiple inspections, the hazards persisted. Then the city ordered the owner ...
Hotel Figueroa (also the Figueroa Hotel, colloquially The Fig) is a hotel building in the South Park district of Downtown Los Angeles.Originally opened as a hostelry exclusive to women, the hotel underwent a transformation into a Moroccan-themed space in the 1970s before being restored to its initial Spanish Colonial architecture in 2014.
The Barclay Hotel is a historic hotel in Downtown Los Angeles, California. Located at the corner of 4th Street and Main Street, it was originally owned by real estate developer Isaac Newton Van Nuys and opened as the Van Nuys Hotel in 1897. The six-story building was designed by architecture firm Morgan and Walls in the Beaux-Arts style.
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