Angel Tower
318 W 9th St Downtown Los Angeles
Market (Metro/SubMarket): Los Angeles/Downtown LA
Summary: The Insurance Exchange Building, a 99-year-old historic 12-story structure in downtown Los Angeles, is set to be transformed into 251 affordable housing units. Renamed Angel Tower, the redevelopment will provide housing for homeless and low-income residents, contributing to ongoing efforts to address LA’s housing crisis.
Year Built/Class: 1924/Class C
Gross Building Area: 124,374 SF
No. of Buildings: 1
Development Type: Affordable
Development Occupancy: Low-income
Residential Unit Total/Mix: 251 | TBD
Construction Status: Planned
Development Cost: Undisclosed
Developer: AHF