The Historic Mills Act Condo of Downtown Los Angeles: A Look Inside the Loft Just Listed For Sale at 215 W 7th St #702

REAL ESTATE NEWS — Nestled in the heart of the bustling Downtown Los Angeles, the loft at 215 W 7th St #702 stands as a beacon of architectural beauty and historical significance. This exquisite property, listed at a competitive price of $475,000, offers a unique opportunity to own a piece of Los Angeles’ rich history. | PROPERTY DETAILS

The Bartlett Building: A Historical Landmark

Built in 1911, the Bartlett Building, where the loft is located, is a significant part of Los Angeles’ architectural heritage. With its Mills Act status, this building is not just a residence but a protected historical landmark, offering potential property tax savings for the owner. Its stunning low-rise structure, designed in a style that harkens back to the early 20th century, stands out amidst the modern high-rises of downtown.

A Loft Like No Other

Unit #702, occupying a generous 780 square feet, is an epitome of style and convenience. As a corner unit, it basks in an abundance of natural light, highlighting its sleek and modern interior design. The loft features a spacious living area, complemented by an updated kitchen adorned with Caesarstone counters, stainless steel appliances, and art deco lighting. This is more than just a living space; it’s a statement of elegance and sophistication.

Modern Amenities in a Historic Setting

Living in this loft means enjoying the luxury of modern amenities set against a backdrop of historical charm. The building offers a 24-hour concierge service, ensuring both convenience and security. Perhaps the most captivating feature is the rooftop patio, offering panoramic views of the downtown skyline and the surrounding mountains – a perfect spot for relaxation or entertaining guests.

A Prime Location in Downtown LA

The loft’s location in the Downtown area (specifically in the 42 Downtown L.A. area) offers the best of urban living. With a high walk score, residents have easy access to a variety of restaurants, bars, and entertainment venues. The proximity to public transit options, including rapid transit stations and numerous bus lines, makes commuting a breeze. | REQUEST A VIEWING

Unique Features for a Unique Lifestyle

This loft isn’t just about luxury; it’s about convenience and practicality too. It boasts of low traffic noise, ensuring a tranquil urban retreat. The inclusion of a small, separate storage space is a thoughtful addition for city living. Moreover, the seller mentions the availability of a great parking space for potential transfer to the new owner, which is a significant convenience in downtown Los Angeles.

A Community of Comfort and Security

The Bartlett Homeowners Association offers amenities that include an elevator, controlled access, a sun deck, and concierge services. The association also maintains the landscape, adding to the building’s aesthetic appeal. The unit comes with central air conditioning and heating, ensuring comfort all year round.

An Investment in History and Modern Living

With a list price of $608.97 per square foot, this loft represents not just a home, but an investment in a lifestyle. The historical significance, coupled with modern amenities and a prime location, makes it an attractive option for those seeking the best of both worlds in downtown Los Angeles.

Your Chance to Own a Piece of Los Angeles’ Heritage

The loft at 215 W 7th St #702 is more than just a property; it’s a chance to own a piece of Los Angeles’ history. It’s a blend of the old and the new, where historical charm meets modern living. This property isn’t just a home; it’s a lifestyle – a unique opportunity for those who want to experience the vibrancy of downtown LA from the comfort of a luxurious, historically significant residence.

As you consider making this loft your new home, remember that you’re not just buying a property; you’re becoming part of a legacy that will continue to charm and fascinate for generations to come.

Exploring the Vibrant Heart of Los Angeles: The Neighborhood Around 215 W 7th St

Nestled in the bustling heart of downtown Los Angeles, the neighborhood around 215 W 7th Street is a microcosm of the city’s dynamic blend of history, culture, and modern innovation. This area, known for its iconic landmarks and hidden gems, offers an eclectic mix of experiences that embody the spirit of Los Angeles. Let’s take a stroll through this vibrant neighborhood, discovering the Tower Theater Apple Store, Little Damage Ice Cream, and L.A. Cafe along the way.

The Tower Theater Apple Store: A Modern Marvel in a Historic Venue

One of the neighborhood’s crowning jewels is the Tower Theater Apple Store. Housed in the historic Tower Theater, which opened its doors in 1927, this Apple Store is a brilliant fusion of the past and the present. The theater’s original architecture, including the ornate, Renaissance Revival façade and the elaborate interior, has been meticulously restored, offering a shopping experience that feels like a journey through time.

As you step inside, you’re greeted by the grandeur of the old theater, now repurposed with a modern twist to showcase the latest Apple products. The juxtaposition of state-of-the-art technology against the backdrop of classic Hollywood opulence is a sight to behold. The store not only serves as a retail space but also as a community hub, hosting events, workshops, and performances, making it a lively spot for tech enthusiasts and history buffs alike.

Little Damage Ice Cream: A Sweet Twist on the Traditional

Just a short walk from the Apple Store is Little Damage Ice Cream, a place that has taken the city by storm with its unique approach to everyone’s favorite dessert. This family-owned ice cream shop stands out with its gothic-inspired black cones, made with activated charcoal, providing a stark contrast to the usual bright and pastel colors associated with ice cream.

The flavors at Little Damage rotate seasonally, offering a delightful surprise with each visit. From the classic vanilla bean to more adventurous options like almond charcoal, the ice creams here are not just delicious but also Instagram-worthy. The shop’s commitment to using locally sourced, organic ingredients adds a layer of conscientiousness to the indulgence. It’s a must-visit spot for those looking to add a little ‘damage’ to their diet in the most delightful way.

L.A. Cafe: A Culinary Haven for the Urban Soul

For a taste of the local culinary scene, L.A. Cafe is a neighborhood staple that cannot be missed. This 24-hour eatery is known for its eclectic menu, offering everything from hearty breakfasts to late-night snacks. Whether you’re in the mood for a classic egg sandwich, a vegan wrap, or a decadent dessert, L.A. Cafe has something to satisfy any craving.

The café’s casual, welcoming atmosphere makes it a popular spot among locals and visitors alike. Its outdoor seating area is perfect for people-watching and soaking in the vibrant energy of downtown L.A. Whether you’re starting your day with a cup of freshly brewed coffee or ending your night with a gourmet sandwich, L.A. Cafe encapsulates the diverse, ever-evolving culinary landscape of Los Angeles.

The Heartbeat of Downtown L.A.

The neighborhood around 215 W 7th Street is more than just a collection of shops and eateries; it’s the heartbeat of downtown Los Angeles. It’s where the city’s rich history meets its innovative future, where every corner has a story to tell, and where the energy of urban life is palpable. From the architectural marvel of the Tower Theater Apple Store to the quirky delight of Little Damage Ice Cream, and the comforting embrace of L.A. Cafe, this neighborhood offers a slice of Los Angeles like no other.

As you wander through these streets, you’ll feel the pulse of a city that’s constantly reinventing itself, yet remains true to its roots. Each destination in this area offers a unique experience, a piece of the larger mosaic that is Los Angeles. Whether you’re a resident, a first-time visitor, or a returning admirer, the neighborhood around 215 W 7th Street invites you to explore, indulge, and fall in love with the endless possibilities it offers. Welcome to the vibrant heart of Los Angeles – a place where every step is a new adventure, and every moment is a memory in the making.

Request a list of historic Mills Act Lofts for sale or for lease. Fill out the online form.

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Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Broker DRE 01889449. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Text and photos created or modified by artificial intelligence. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

Eckardt Building Historic Mills Act Loft in Downtown Los Angeles | Early Offer Viewing Contingency

Character and Charm: Los Angeles is a city of dreams, where modernity blends with history. In the heart of the Fashion District, a unique opportunity presents itself with the listing of a historic loft in the Eckardt Building at 738 S Los Angeles St #206. This loft combines the allure of historical architecture with contemporary amenities and unique opportunities, making it a coveted residence and potential investment in Downtown Los Angeles (DTLA). | PROPERTY DETAILS AND PHOTOS

Historical Significance: The Eckardt Building, approved by the City of L.A. as a historical building, is a testament to Los Angeles’ rich cultural past. Built in 1914, it has witnessed the evolution of the city from its early days to its current status as a global metropolis. While this unit may be somewhat lacking in natural light and views, it features several windows and upgraded lighting. Being a part of the Mills Act, the property offers significant tax benefits, adding to its appeal.

Loft Details:

  • Price: Listed at $499,888
  • Size: 880 Sqft
  • Bedrooms/Bathrooms: 1 Bed / 1 Bath
  • Floor: Located on the second floor
  • Parking: Dedicated covered parking space on Maple St

Interior Features:

  • Design: Contemporary style with an open space floor plan
  • Flooring: Wood flooring throughout
  • Kitchen: In-line stone counter, stainless appliances including dishwasher, stove, microwave, refrigerator
  • Laundry: In-unit washer and dryer
  • Additional: Potential to convert to one bedroom with a constructed wall

Building Amenities:

  • Rooftop Pool & Spa
  • Fitness Gym
  • Half Basketball Court
  • BBQ Area
  • Golf Range
  • 24 Hour Security

Neighborhood and Accessibility:

  • Transportation: Excellent public transit access with around 10 bus lines nearby
  • Walk Score: 9.6, indicating most daily needs can be met within walking distance
  • Community Features: Curbs, Park, Sidewalks, Street Lights

Current Tenancy and Potential Opportunity: The loft is currently tenant-occupied on a month-to-month lease but will be delivered vacant at close of escrow. This situation presents a unique opportunity for buyers. The current tenancy could be seen as a distress property feature, potentially allowing negotiation for a lower price.

Eckardt Lofts Building

Investment Potential: The combination of historical significance, modern amenities, and the bustling location of DTLA makes this loft an attractive investment. The Mills Act tax benefits further enhance its appeal, offering long-term financial incentives.

Character and Property Tax Savings: 738 S Los Angeles St #206 is more than just a property; it’s a piece of Los Angeles’ history. Its combination of past charm and present-day convenience makes it a unique and valuable investment. Whether you’re a history enthusiast, a lover of urban living, or an investor seeking a property with character and property tax savings and extra potential, this loft in the Eckardt Building represents an opportunity not to be missed.

Unlocking Opportunities: Early Offers with Viewing Contingency in California Real Estate

Introduction: In the dynamic California real estate market, savvy buyers and investors are always seeking ways to gain an edge. One strategy gaining traction is placing early offers with a viewing contingency on properties featuring unreachable, incommunicado, or uncooperative tenants. This approach, which works particularly well for buyers and investors with good credit and excellent finances, not only circumvents potential roadblocks but also capitalizes on unique opportunities.

Understanding the Strategy: The core of this strategy lies in making an offer on a property before viewing it, contingent upon later inspection. This is particularly relevant in situations where tenants are not allowing access. By doing so, buyers position themselves favorably, indicating serious interest while still protecting their rights.

The Four-Pronged Contingency Approach: California home buyers typically rely on three standard contingencies: inspection, appraisal, and loan. The viewing contingency adds a fourth layer, specifically addressing the challenges posed by difficult tenant situations.

Eckardt Lofts Building
  1. Inspection Contingency: Ensures the property’s condition meets the buyer’s expectations.
  2. Appraisal Contingency: Protects the buyer in case the property appraises for less than the offer price.
  3. Loan Contingency: Ensures the buyer can secure necessary financing.
  4. Viewing Contingency: Unique to situations with uncooperative tenants, this allows the buyer to view the property post-offer and retract if it doesn’t meet their standards.

Advantages of Early Offers with Viewing Contingency:

  1. Early Bird Advantage: By expressing interest early, buyers may edge out competitors who wait for open access.
  2. Negotiation Leverage: This proactive approach can be appealing to sellers who are struggling with tenant issues, potentially leading to more favorable terms.
  3. Risk Mitigation: The contingency safeguards the buyer, allowing them to back out if the property doesn’t meet expectations upon eventual viewing.

Navigating Tenant Issues: Dealing with uncooperative tenants is a delicate matter in California, where tenant rights are strongly protected. This strategy respects legal boundaries while advancing the interests of potential buyers.

Case Studies and Success Stories: Examples abound of investors who have successfully used this strategy to acquire properties at below-market rates or with favorable terms. These stories highlight the potential for significant returns while also emphasizing the importance of due diligence and legal compliance.

Legal and Ethical Considerations: While this strategy is innovative, it’s crucial to navigate it ethically and legally. Buyers should work with experienced real estate professionals and legal advisors to ensure compliance with California’s real estate laws and tenant rights.

Gain the Advantage: Placing early offers with a viewing contingency is a strategic approach that can unlock unique opportunities in the California real estate market. It allows buyers to navigate around tenant roadblocks, offering a path to potentially lucrative investments. However, it’s essential to approach this strategy with thorough understanding, professional guidance, and respect for legal and ethical standards. In a competitive market like California’s, such innovative tactics can be the key to success for discerning buyers and investors. | REQUEST ADDITIONAL PHOTOS

Place an early offer today. Fill out the online form.

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

  Lofts For Sale     Map Homes For Sale Los Angeles

SEARCH LOFTS FOR SALE Affordable | PopularLuxury
Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Broker DRE 01889449. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Text and photos created or modified by artificial intelligence. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.