Intelligent, Innovative Investing™

Hewitt Street Lofts

Hewitt Street Lofts

At a Glance

Name: Hewitt Street Lofts
City, State: Los Angeles, California (Arts District of “Little Tokyo” in Downtown)
Type: Promissory Note Secured by a First Trust Deed on a Loft Community
Acquisition Date: September 2010
Acquired From: International Bank
Number of Units: 33
Unit Sizes: 913 to 1,726 (Average 1,238) Square Feet
20-25’ High Ceilings
Unit Features: Contemporary Lofts with Mezzanine Balcony Area, Expansive Windows, Hardwood and Exposed Concrete Flooring, One Bathroom, Painted Drywall and Brick Partitions, Stainless Steel Appliances, Granite Countertops and Wood Cabinetry
Community Amenities: 34 Parking Spaces, A Highly Coveted Commodity in Downtown Los Angeles