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Onni Group To Buy Block In Arts District

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.