Category: downtown la lofts

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Mills Act Application – Will Your Property Qualify?

While there are many buildings that are already approved for Mills Act Status. There is an application homeowner can use to apply to extend the tax status to new buildings.

Each city and county (unincorporated Los Angeles County) may have different procedures for local historic designation. Contact the Planning Department or Community Development of your local government to confirm whether they participate in the Mills Act Program, the criteria that would need to be met, and the application process. Your building may already be considered a contributing structure to an established historic area. Also, many buildings that were not designated as historic on past surveys may now be eligible to qualify as historic.

The Mills Act program is for property owners who are actively rehabilitating their properties or have a plan to do so that is compliant with the Secretary of the Interior’s Standards for Rehabilitation and the California Historical Building Code.

The City will only be accepting applications for properties that prove they need significant rehabilitation or restoration work. The proposed work to rehabilitate or restore the property shall be equal to or greater than the total expected tax savings.

For applicants who are just starting their rehabilitation project, all work shall be completed within the first 10 years of the contract. Owners who enter into a contract and do not rehabilitate or maintain the property are subject to the City canceling the contract and the County Auditor collecting the 121⁄2 percent of the current fair market value penalty against the property. Recently completed projects shall be defined as projects completed in the 12 months prior to the application being submitted.

#millsactapplication #entarissmarter

Have you applied for the Mills Act Tax status, what was your experience? #comment

Properties throughout the state can qualify. Fill out the online form to see properties in the southland. The type of properties that qualify extend beyond live/work lofts in DTLA.

Link to LA City Mills Act Application.

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

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The application for mills act status could be worth the effort of looking into the process

Copyright © This free information provided courtesy L.A. Loft Blog with the information provided by Corey Chambers, Realty Source Inc, DRE 01889449; MPR Funding Inc NMLS 2000513. 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. Properties are subject to prior sale or rental. This is not a solicitation if the buyer or seller is already under contract with another broker.

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Make a Wide-Open Live/Work Loft Feel Like a Home

Balance the space in your loft with varied use areas

Industrial lofts and live-work open concept spaces are covetable for many reasons, from the high ceilings to the spacious layouts. But the features that make them great also pose a few challenges, like creating privacy (or at least the illusion of it), ensuring visual flow, and just generally decorating it,,,, so it doesn’t feel like you’re holed up in a stark warehouse. But, don’t worry. We’ve got your loft design woes covered. Here are 3 loft decorating ideas and tips that will will help you make a cavernous space feel cozy.

#loftdesign #entarispowerful

Install glass walls to seperate spaces without breaking your line of site.

Keep your bedroom space private without shrinking the open feel of a loft by installing interior glass doors. In this formal loft by Maltev Design, the French glass doors stretch up the ceiling, accentuating its height even further.

How would you bring the home feeling to your loft? Share your idea here. comment.

Have fun with odd bonus spaces.

If that open upper deck of the loft feels too exposed for private spaces, turn it into a fun bonus room instead. Go all out with a game room—foosball, air hockey, a pool table, ping-pong, you name it.

Fill out the online form to see new loft listings in the area you are interested in buying or leasing.

Turn part of your space into a home office.

You could also use the upper level as a workspace since it tends to feel a little more contained and quiet than the open bottom level. It’s perfect for anyone who works from home.

Ideas found in this article Link to House Beautiful and Pinterest

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

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

Keep the wide open feel with interior galss walls

Copyright © This free information provided courtesy L.A. Loft Blog with the information provided by Corey Chambers, Realty Source Inc, DRE 01889449; MPR Funding Inc NMLS 2000513. 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. Properties are subject to prior sale or rental. This is not a solicitation if the buyer or seller is already under contract with another broker.