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"Where Historic Elegance and Modern Living Come Together"

Located just two blocks from San Pedro Harbor is historic LaSalle Lofts, a new mixed-use development that marries the historic elegance of the former 1920's built LaSalle Hotel with today's modem conveniences.

LaSalle Lofts will offer the ideal mix of 26 residential loft condominiums, four proposed live/work units and two retail offices and will be priced from under $299,000 to the low $499,000's. Each will include a private tandem 2-car garage with overhead storage - more private parking and storage space than any other loft community in Southern California.

Other amenities include a beautiful, state-of-the-art roof top community area designed with professional gas barbecue and comfortable lounge chairs for sunning, as well as breathtaking views of the city lights, San Pedro Harbor and the Vincent Thomas Bridge.

"In developing LaSalle Lofts we wanted to marry the historic elegance that made the LaSalle Hotel so memorable, with today's modem luxuries," said Jeff Bergsma, TEAM Companies' Architect.

"We believe new pioneering young professionals and first-time home buyers will enjoy the rich history we have preserved, while also being part of the San Pedro downtown urban
revitalization."
Building on its historic roots, LaSalle Lofts will also feature a ceramic mural consisting of black and white photos illustrating the work ethic that has built the San Pedro waterfront community. It will be designed by photojournalist Slobodan Dimitrov, known for his Body of Labor Photographs, that documented the changing face of the American worker in the blue collar communities that surround the Port of Los Angeles. The mural will be located on the 7th Street facade of the adjacent parking garage.

The 26 residential loft condominiums will range in size from 780 to 1,510 square feet, and the four proposed live/work loft units will range from 1,500 to 1,825 square feet. Upper units will include customizable walk-in closets, pre-wiring for high-speed Internet access, high definition television services, and energy-efficient lighting and appliances.

Kitchens will include granite countertops, hardwood cabinets, and energy-saving stainless steel appliances. Great Rooms will be designed with eco-friendly bamboo floors and all bathrooms will have large stone showers.

The two retail/office condominiums
are also available, and will range in size from 520 to 710 square feet for your stand alone business.
LaSalle Lofts offers so much to the buyer, including a centrally located coastal location with restaurants, museums, art galleries, a cruise ship terminal, and the Port's O'Call Village - all within close walking distance," said Keith Bohr, managing partner for TEAM Companies.

"Also, without having to get on a plane or
check into a hotel, LaSalle residents can
enjoy a 'staycation' with most of Southern
California's major tourist attractions just
a short drive away. These include major
theme parks, sports stadiums, museums,
aquariums, music venues and beaches."

La Salle Lofts will be offered for purchase through the government insured FHA loan program, which now features higher non-jumbo loan amounts.

FHA financing provides new homebuyers with more flexible credit and income qualifying terms than conventional financing. Cash down payment requirements are also much lower, i.e., as little as 3.5% down.

LaSalle Lofts is located at 255 W. 7th St. in downtown San Pedro, two blocks west of the San Pedro Harbor. Furnished models will be completed in April.

LaSalle Lofts is being developed by
TEAM Companies, a coastal developer
dedicated to urban renewal and functional historic preservation.

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Luxury Living in San Pedro - 255 W. 7th St., San Pedro, CA 90731 test