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Project / Fact Sheet
THE ROOSEVELT PROPERTY FACT SHEET
Situated in the heart of the Financial District in Downtown Los Angeles, The Roosevelt is a historic building being transformed into a posh urban oasis, designed for individualists who want the best of everything when it comes to owning a luxury condominium loft: location, space, luxury, design and access.
Amidst the energetic lifestyle and booming Downtown Los Angeles real estate market, The Roosevelt provides upscale city living with a luxurious twist. The newly renovated 1920s building will offer 222 single and multi-story lofts ranging from about 800 to 2,700 square feet.
Amenities will include a spa with sauna and massage room, world-class fitness center, elegant rooftop pool and cabanas, private climate-controlled wine cellar, tanning and hydrotherapy rooms, a business lounge, wireless Internet access and on-site valet parking for residents and guests.
The original iron works and ornate fixtures on the exterior of the historic building juxtapose the eclectic interior that is ahead of its time. The ideal location for the present and future of downtown's development, The Roosevelt will be steps away from the sites of the Ralph's Market and L.A. Live entertainment Complex which are already under construction.
The lofts are conveniently located an escalator ride away from a Red Line Metro stop (directly accessible from the exterior of the building), across from Macy's Center shopping and steps from the Staples Center and all of the best dining and entertainment Downtown Los Angeles has to offer.
BUILDING AMMENITIES:
Spa sauna and massage room
Fitness center
Rooftop pool with spa and cabanas with fireplace
Private climate-controlled wine cellar
Massage, tanning and hydrotherapy rooms
Business center and conference room
Wireless Internet access points throughout the building
Serene and brightly lit light wells
Valet Parking
Security
Ground-floor restaurants
Historic architectural features
Historic marble corridors
LOFT FEATURES/AMMENITIES:
Premium designer appliances
Gourmet kitchen with gas ranges and custom cabinetry
Spa styled baths & hardware
Temperature efficient, low noise windows
Smart-panel wiring
Two historic units
Split-level plans
Private courtyards
Penthouse units
Concrete ceilings
Concealed ducting and mechanical
EASILY ACCESSIBLE LOCATIONS:
Hollywood 6.77 miles
Pasadena 11.03 miles
Santa Monica and the Pacific Ocean 14.54 miles
On-site access to MTA subway system (Red Line and Blue Line service to Hollywood, Long Beach and Union Station, with connections to Gold Line and Orange Line)
RECREATION/NEARBY ATTRACTIONS:
Hotels
The Standard
The Biltmore
The Sheraton Downtown Los Angeles
Hilton Checker's Hotel
Leisure
Walt Disney Concert Hall
Los Angeles Music Center
MOCA
Grand Central Market
Union Station
Olvera Street
Los Angeles Central Library
Future site of L.A. Live entertainment Complex
Grand Avenue project
Staples Center
Shopping
Fashion District
Jewelry District
Macy's Shopping Center
7th+FIG at Ernst & Young Shopping Plaza
Ralph's Market
Restaurants & Nightlife
Nick & Stef's Steakhouse
Roy's
The Palm
The Standard
The Bonaventure
Cuidad
Water Grill
Patina
McCormick & Schmicks
Noe at the Omni Hotel
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NAME:
The Roosevelt
LOCATION:
727 West 7th St.
Los Angeles , CA 90017
SALES DATES:
Sales Center: Now Open
11am - 6pm, everyday
OPENING DATE:
Late 2007
PRICE:
Starting from the mid-$500,000s to over $1,000,000
DEVELOPER:
Roosevelt Lofts, LLC
The Roosevelt is a project developed by Roosevelt Lofts, LLC, headed by M. Aaron Yashouafar, chief executive officer of Milbank Real Estate Services, Inc., a 27-year-old Los Angeles-based full service real estate company specializing in development and commercial property management in California , Nevada , Arizona , and New York .
DEVELOPMENT COST: $150M
NUMBER OF LOFTS:
222
SIZE:
800 to 2,700 square feet
SALES OFFICE CONTACT:
Randelle Green
877 887 7858
rgreen@rsvlt.com
ARCHITECTURE & INTERIOR DESIGN:
Killefer Flammang Architects
INTERIOR DESIGNER: Ambiance Design Group
INTERIOR DESIGNER OF SALES CENTER:
Chayse Dacoda
CONTRACTOR:
Urban Builders, Inc.
PARKING:
Extensive On-site Parking
Two Subterranean Floors
Two Above Ground Floors |