Tag: mills act

Posted on

Who Wants to Sell Their Historic Downtown Loft?

Looking for Historic Pocket Listings in Los Angeles  #historic #lofts

Historic Lofts Downtown Los Angeles Pocket Listings
Historic Lofts Downtown Los Angeles Pocket Listings, Off-Market and Unlisted Lofts For Sale

Looking for any “For Sale” pocket listings in the Historic Core/Old Bank District i.e. The Higgins, The Douglas, Pan-American, Eldorado, The Rowan under $625k. Client pre-approved and ready to go. As you all know there is quite an inventory issue here, please let me know if you have something in your “pocket”!
We can move quickly!
Thanks!!

The L.A. Loft Blog received the above email recently. If you know of any properties like this around DTLA, call Corey (213) 880-9910.  Those who are also on the lookout for historic pocket listings, off-market or unlisted lofts, as well as Mills Act historic lofts for sale can get also make a request to receive these rare unlisted homes. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA  [MAP]

button        button (1)        

SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $30,000,000
Browse by Building  |  Neighborhood  |  Size  |  Bedrooms  |  Pets  |  Parking  |  More

Downtown Los Angeles Homes Sold Prices

penthouse-historic-brick
Mills Act Historic Brick Penthouse Downtown L.A.
Posted on

Downtown Los Angeles Mills Act Historic Lofts For Sale – Authentic Loft Character Saves $5,000 Per Year

The hottest trend in urban real estate today is historic live/work lofts.  #millsact #dtla

Mills Act Santee Vilage Rooftop Deck Spa Downtown L.A.
Mills Act Santee Vilage Rooftop Deck Spa Downtown L.A.

Because many of the historic buildings, such as the Eckardt Building in Downtown Los Angeles, qualify for Mills Act tax benefits, living in an open space with high ceilings can pay dividends year after year in the form of dramatically reduced annual county property taxes. Most Mills Act home owners report usual savings around 66%, so they only pay about 1/3 of the property taxes. That’s around $5,000 per year less taxes paid for the average downtown Mills Act loft. While the savings may vary, as home values go up, the benefits go up, giving the average qualified Downtown historic loft owner a potential savings of well over $200,000 over a 30 year mortgage term. One cool Mills Act loft in the booming Historic Core neighborhood has a roomy balcony and is under $450,000.  PHOTOS

Get a free list of Mills Act qualified historic lofts. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA  [MAP]

button        button (1)        

SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $30,000,000
Browse by Building  |  Neighborhood  |  Size  |  Bedrooms  |  Pets  |  Parking  |  More

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