One Hawthorne, BLU and The Millenium are really the only new ones in first release as the new development pipeline was effectively turned off by the availability of loans back in 2008 and as a consequence of that, bulding stopped so we are here 3 plus years later with almost nothing new.
Having said that there are many developments in their first round of resales that would be considered newer developments; The Palms, The Metropolitan, Infinity, One Rincon, 310 Townsend, 177 off third.
Frankly, unless you plan to hold for 10 plus years I do not recommne this area. Distress is rising 8% year over year since 2008; this trend is not letting up indicating we will see further price reductions in this area. 1 bedrooms are the hardest hit category as the bulk of distress happends in 1 beds not two.. It's a super area, if you plan a long hold then go for it but a 5-7 year hold will likley lose you money.