new 717 olympic billboards mark pre-leasing launch
Looking for information on Downtown LA?
Angelenic is the essential news resource for those living, working and visiting Downtown Los Angeles. Check out our 
Reservations are now being taken for the ultra-pricey new luxury residences at 717 Olympic. Summer move-ins are anticipated, and three over-sized billboards selling the expected "glamorous urban" lifestyle were recently installed over the corner of Figueroa and Olympic.
According to the new project website, resident amenities will include concierge/bell captain services, 8th floor outdoor "orbit lounge,” large spa-inspired fitness club (with personal trainer), luxe clubhouse with private screening room, “e-lounge” with HDTV, WiFi internet cafe, executive conference room, wine bar and rooftop observation deck.
Floor plans range from modest 660 square-feet single bedrooms to two-story penthouses boasting 2,757 square-feet. With all that said, are the rental rates even worth discussing?
-717 Olympic Construction Photo Set
-la live-inspired signage will soon spruce up 717 olympic
-astani realizes ‘blade runner’ concept with concerto
Check out these related posts:
11 comments
When is this beauty gonna open? And bad news for LA central: the parking lot where it will rise has a new, permanent sign, meaning Moinian Group,’s leased it out. This ain’t good:(
Alex, there was an article posted on Curbed just a couple of weeks ago. The developer plans to open 717 Olympic for move-in’s beginning May.
I inquired about the monthly rents. $2,500 - $5,000 for the 1 bedroom units. For the 2 bedroom units, rents start at $4,900 and go all the way up to $19,999 for the penthouse units. Yes, $19,999 a month, that’s not a typo. If you’re interested, call the leasing office, maybe they can throw in some extras if you’re going to drop that kind of money on rent.
Downtown LA rental real estate continues to reach for rates you would only expect to find in NYC, Tokyo or Paris.
Hooray for LA, bring it on!!!!
Thats a great location and the place looks amazing. Too bad i’m still working for my money, rather than my money working for me. I’m sure there is a market for this. I’ve recently come to the realization that i want to simplify my life and not complicate it. That people are more important than “things”.
Well said, loveandhatela. I have come to this same conclusion. “Things” really don’t make me happy. That includes pricey real estate.
Hey art4jazz… johnny depp, frankie muniz and john stamos all have bought places at the Eastern Columbia Building in downtown la. So i don’t think its anything new, there have always been places for people with $$$$ in downtown LA.
If this property looks half as good as the renderings, and LA live generates buzz, this will lease out. Never underestimate the ultra high-end buyers/renters in CA.
The product looks good, the district is growing, high end jobs in LA remain steady, and there is no shortage of rich people.
Plus it is only a one block walk from your luxury box at Staples Center, but I’m sure that won’t prevent those penthouse renters from taking a limo there anyway…
move ins have currently slipped to the end of may - they have to get their CofO on the entire bldg in order for this to happen…pricing is very aggressive for downtown and our current economic conditions…time will tell if they can get it. definitely pulling for them as this would continue to drive our rental mkt upwards…
Despite what I said earlier, it still is interesting to see rents equal in price/sqft as nice units in the east village, Clinton, the upper west side, amongst other areas of manhattan.
Leave a Comment