It’s a Loft, Not a Condo!

For those who don’t know the difference, it is easy to confuse Hollywood Lofts with your average apartment. Some might say that the difference between lofts and condos is that lofts are condos that the builder did not bother to finish. This could not be farther from the truth! Lofts have a distinct appeal that certain buyers and renters are searching for. While condos are attractive to those who are looking for defined living spaces divided by walls, lofts put a positive spin on the lack of defined spaces!

The history of loft-living dates back to the end of World War II. In New York City, lofts were cheap places where artists could live and work for a cheap price. Many artists moved into decaying and abandoned infrastructure of the industrial area of New York City. As word spread about loft-living, more and more artists moved to the area. By the beginning of the 1960s, lofts were now finished living spaces, instead of substandard dumps for artists.

Those who enjoy the excitement of city living choose to live in condos and lofts due to their close proximity to work, cultural attractions, and night life. While there are some similarities between lofts and apartments, there are also differences to be aware of. Both spaces are designed as residential spaces to accommodate individuals, roommates, or family living. All lofts and condos are equipped with the basics of a living area: a kitchen, a bathroom, and major appliances. Location and size will affect the price and how many can reside in each unit. Some upscale lofts and condos may also be equipped with swimming pools, fitness centers, and communal areas.

Some of the major differences between lofts and condos are the interior structure. Walls in lofts can easily be rearranged to accommodate the needs of the tenant, whereas walls in condos are essentially permanent. Walls are not the only difference between lofts and apartments. Hardware, such as, electrical wires, air ducts, and plumbing are hidden behind drywall in apartments, whereas they are exposed in most lofts. Unlike apartments, traditional lofts are generally not found in suburbs and small towns.

Lofts also offer a few advantages that traditional condos do not. Lofts can double as both a living and working space due to their wide-open layout. Loft-living also provides tenants with flexibility to arrange their living space in a way that works best for them, without having to worry about limitations set by walls and divisions. Because lofts originally came from an industrial style, the ceilings are generally higher than typical apartments, and are naturally lit with the help of large windows. Depending on the loft, some are refurbished factories and commercial buildings, so they may be furnished with hardwood floors or brick walls.

When looking for the perfect Hollywood lofts that will fit your needs the best, Loftway has you covered! With a wide selection of lofts for rent or for sale, you’re guaranteed to find the perfect loft for you!