artist lofts – Page 24

Gallery Lofts has a live work opportunity that should interest your creative energies. This listing involves a plan to purchase two ground floor loft units with the potential to be combined into one unit. This is your opportunity to create a one-of-a-kind townhouse-like space. Both are currently available for purchase with a vision towards the rare opportunity that this presents. Individually, these units are a fantastic offering to live in or work from in their current condition however these side-by-side units that share a non-load bearing wall which, through a design review process with the HOA, can be opened to create a residence unlike any other in the heart of Downtown LA Arts District. #DTLA

While this property is not part of the Mills Act Tax savings the topic is one of our most popular subjects. Other Loft buildings can qualify for a big Tax savings with the Mills Act. To get a list of those properties Get a free list of Mills Act approved Loft buildings in Downtown Los Angeles. Fill out this online form.

Mills Act participants can realize very fruitful property tax savings each year for recently improved or purchased old properties because the valuation of a Mills Act property is determined by the Income Approach to Value rather and not by the common Market approach to calculating appraised value. The Income Approach, divided by a capitalization rate, gives the assessed value of the property. Generally, the income potential for an owner-occupied residential property is calculated by looking at rental rates for comparable nearby properties, while the income from a commercial property is based on actual rent received. Because rental values vary greatly, the actual Mills Act historic property tax savings may vary. #ArtsDistrict

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LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

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.

200 N San Fernando — Live Work Buildings in LA

Local researchers have figured out how to improve water-quality and increase water-supply for Los Angeles. Climate change will not be kind to Southern California. An increase in long droughts, more floods, and more warm temperatures all will hamper development with more water when we don’t want it, and less water when we do, Planners and researchers agree that this plan is a necessary step towards realizing 100% locally-sourced water for L.A. County by 2050. Los Angeles is sitting on an aquifer goldmine, that is soil that can soak up water and store it in the ground for later use. The long term plan depends on the ability to capture rain water and treated waste water in a system of Spreading Grounds in order to make the ambitious long term goal of sourcing all our water from this and a variety of local sources. #Lofts

This important work in water resources will help ensure Los Angeles continues to be a vital city to live and work. Speaking of living and working in LA you can combine the two activities with Live-work lofts which are all the rage because of their popular open architecture, industrial style and character that are considered hip and modern when the kitchen and bathrooms are updated with stainless appliances and granite countertops. Many renters and buyers of lofts use live work lofts almost exclusively for residential purposes. Many others are using lofts for creative work such as photography, painting, graphic arts or music. Musicians need know that live music cannot be played loudly in any residential or live-work buildings in Downtown Los Angeles. Heavy industrial, construction and other loud noisy work is also generally not acceptable in any Downtown Los Angeles live/work building. #DTLA

In Downtown Los Angeles, there are exceptions to many of the rules. All buildings will vary on what type of work they will allow, how many customers may visit etc. None of the live/work lofts will let you have a cash register in your unit with a line coming out of the door. But even the residential properties will let you have a business client or two come every day for consultations etc. To help you navigate the live work options get a buyer consultation fill out the online form.

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LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

Category: artist lofts

Create a Live/Work Loft Residence Unique to Your Vision in the Heart of Downtown LA Arts District

LA Live/Work Loft Growth Depends on Our Goldmine of Local Water Resources

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