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Onni Group To Buy Block In Arts District

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H.D. Buttercup furniture store, LA

This H.D. Buttercup store and five other buildings in the Arts District are under contract by Vancouver's Onni Group for $34M.

The company will own the full square block, a 64,774 SF property, at 2118-2140 East 7th Place, Curbed Los Angeles reports.

H.D. Buttercup leases four of the six buildings, which are all occupied and were owned by Boulevard Partners.

Onni is developing a 13-story residential building next to the block at 2143 Violet St.

It would have more than 500 live/work units.