Americana at Brand, pre-leasing
238 apartments
Anticipated Occupancy May 2nd
In addition there will be 100 condominiums available for sale approximately 5/1 – pricing not yet available.
Rentals:
Lofts (studio); 675 -766 sq ft
$2060 - $2455
1 & 1; 717-1046 sq ft
$2260-$3015
2 & 2; 1028-1465 sq ft
$3385-$4265
2 & 2 ½ (townhome); 1502-1928
$4150 -$4745 BUT let’s see what this price range buys you in Glendale:
Currently in the MLS
Rossmoyne neighborhood
3 & 2
Built: 1927
Lot 6747
Sq ft 1441
$593,900
Let’s assume purchase price of $590,000
10% down = $59,000
90% loan @ 7.00 (rates have gone up! Assume 0 Points)
P&I = $3533
Property Taxes: $615
Total $4148 (homeowner’s insurance not included) - okay, so why oh why, would someone pay $4150 to rent??? I am sure that the Americana is nicer & newer but come on and we haven't even discussed your tax write off!
Trackbacks
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3/11/2008 12:54 PM
Los Angeles Real Estate Blog wrote:
If you haven't driven by recently, you will be amazed at the progress; the Americana really does resemble the above rendering. According to the sales office, the Retail Grand Opening is projected "sometime" in May. New (to the area) dining options include Katsuya and Frida Mexican Cuisine 238 apartments available for rent and 100 Condominiums for sale - pricing should be announced in May, I am anxious to find out the prices, because the rental pricing seems a bit ambitious. ... -
4/3/2008 4:19 AM
Los Angeles Real Estate Blog wrote:
Americana nearing Grand Opening - scheduled for May 2Not certain how they are doing on the residential leasing ... -
4/4/2008 6:26 AM
Los Angeles Real Estate Blog wrote:
Americana nearing Grand Opening - scheduled for May 2Not certain how they are doing on the residential leasing ... -
5/1/2008 3:51 AM
Los Angeles Real Estate Blog wrote:
The community is anxious, you can feel the excitement in the air. The Americana's May 2nd Grand Opening, continues to be one of the top news stories: LACurbed blogs about the Americana on a weekly basis. "We were just informed that all of the restaurants at Glendale's new Americana at Brand will open on May 2, when the entire complex opens." Read remainder hereBut some merchants (not only Glendale Galleria) are concerned what impact the Americana will have on their business. "As city officials and eager shoppers get ready to roll out the red carpet for the ... -
6/5/2008 10:48 AM
Los Angeles Real Estate Blog wrote:
In regards to the leases at the Americana at Brand, I received this update: "Visit today for special offers on select units for a limited time". Previous prices were: Lofts (studio); 675 -766 sq ft$2060 - $24551 -
6/5/2008 11:01 AM
Los Angeles Real Estate Blog wrote:
In regards to the leases at the Americana at Brand, I received this update: "Visit today for special offers on select units for a limited time". Previous AmericanaLand prices were: Lofts (studio); 675 -766 sq ft$2060 - $24551
These rental prices are ridiculous considering the market. I live in DTLA near LA live and pay not nearly that amount for a 2bed/2bath. Those prices are a joke for Glendale.
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