Bette Davis Laguna Beach House For Sale With Mills Act Property Tax Savings: Update

PROPERTY DETAILS | LAGUNA BEACH HOMES FOR SALE | MILLS ACT HOMES

Mills Act properties in the downtown core are a popular topic on the LALoftBlog.com . It is a great place to find a valuable property in an amazing historic building that qualifies for the mills act tax savings. Some are fixer uppers that need some work others are already luxury lofts in a turnkey state. We want to point out to everyone that eligible properties can be found all over the state. It is fun to see them in other locations. A breathtaking beachfront home in Laguna Beach, once owned by Betty Davis, is one of these showcase properties.

The two-time Academy Award winner was at the pinnacle of her formidable career when she bought the home in 1947 as an escape from the Hollywood paparazzi, living there until 1950.

Sitting on a bluff overlooking rocky Woods Cove, a five-minute drive south of Laguna, this 5,400-square-foot, six-bedroom French Normandy-style house perches high above the cove, with private-access steps leading to a sandy beach.

A $3 million price chop might help Bette Davis’ former Laguna Beach home finally sell.

Canadian investment manager Richard Wernham has put the 5,472-square-foot home at 1991 Ocean Way on the market for $16.995 million, according to Dirt.

The oceanfront mansion, built in 1929, was added to the National Register of Historic Places in 1982. Being a historic home, the property comes with a renewable 10-year Mills Act contract that allows homeowners to receive attractive benefits, including substantially reduced property taxes, in exchange for preserving the home. #millsact #bettedavis

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The former Davis property is not the only home in the prestigious coastal city to see price reductions in recent months. This month, a 1998-built home in Laguna Beach sold for $37.5 million after it was first put on the market in July for $48.9 million, in what was the third-priciest deal across Orange County this year.

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PROPERTY DETAILS | LAGUNA BEACH HOMES FOR SALE | MILLS ACT HOMES

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.

Los Angeles Lofts with Exposed Brick Walls – Industrial Live/Work Condos with Character

Biscuit Company Lofts Big Windows

Lofts with exposed brick walls are popular among our loft readers. Among the best examples can be found in Loft Buildings in the Arts District as we see in the title photo taken at the Biscuit Lofts Building where you can find lofts for sale or lease.

BISCUIT COMPANY LOFTS FOR SALE   |   FOR LEASE   |   UNLISTED   |   NEW

Fired bricks appeared sometime around 5,000 B.C., and they’ve remained one of the longest-lasting, strongest, and most aesthetically-pleasing materials around. And since the development of brick, covered, in layers and sometimes painted, and most recently in interior renovations of existing buildings, revealed and left exposed. 

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What do you think of exposed brick walls? Painted or plain finish? Share your comment here

Interior bricks tend to be of lower quality than the bricks used on the outside of buildings. That reflects the history we have of covering interior walls with drywall and other mediums. So if you look at a loft and worry about the condition of the exposed brick walls don’t be alarmed. It’s often the case that once a brick wall is exposed it is either painted or sealed to keep the bricks from deteriorating from exposure to moisture.

Find your ideal live-work loft for lease or purchase. Fill out the online form.

Exposed brick brings a sense of warmth, character, and texture to a space. It also speaks to the history of a building, of the hand that carefully laid down each brick, and of a craft that’s quickly becoming less and less common. … Exposed brick adds a feeling of gravitas and history to a space. | Dwell Magazine | Live/Work Lofts

Get a free list of upscale homes with character for sale or for lease. Fill out the online form:

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Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking

Interior exposed brick walls enhance the warmth and character of your loft

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.