You may want to look into BOOMING Hollywood. There has literally been Billions invested there over the last several years and the area is sure to become one of the most desirable locations in Los Angeles, especially for young professionals. I just posted on my blog a link to the CEO of SBE ( one of LA's top nightlife and restaurant companies) talking about the growth of Hollywood and how high they are on the area. You can see that here:
The new W Hotel just came in, all sorts of new high end restaurants, shopping, and cool mixed use lofts and condo buildings have recently been built or older buildings converted into modern gems. It is certainly worth looking into I would say if you like being in the center of the action. Think Meatpacking district in NYC!
I have an amazing 2 story loft listing at the epicenter of the resurgence on legendary Hollywood & Vine. We are offering it fully furnished with designer and custom furniture, rare art work, and chandeliers. It is a very cool mix of a 1929 building recently converted to modern designer lofts with high end finishes like a Viking kitchen and Ann Sacks tiles in the baths. You can see a detailed tour of it here: http://6253hollywood306.com.
Asking price, including furniture, etc is $699,000.
Let me know if interested in seeing it or discussing this area further. Best of luck in your housing search.
West Los Angeles Realty