Mills Act and The Top 10 Downtown Los Angeles Amazing Real Estate Deals

Historic lofts with property tax benefits continue to lead the pack as readers of the L.A. Loft Blog never fail to provide the most valuable insights into what is really happening with L.A. urban real estate.  #millsact #dtla #historic

Downtown Los Angeles Mills Act Lofts
Downtown Los Angeles Mills Act Lofts

Here are the newest Top Ten Most Popular Topics, plus some bonus subjects for those who just can’t get enough.

Mills Act Downtown Los Angeles More stats 1,172
LOFTS FOR LEASE More stats 56
LOFTS FOR SALE More stats 35
Home page / Archives More stats 31
Live/Work Lofts Downtown LA vs. Residential Studio Apartments More stats 20
ALTA LOFTS Los Angeles 200 N San Fernando Rd 90031 More stats 13
BARKER BLOCK LOFTS 510-530 S Hewitt St and 527 S Molino St, Los Angeles, CA 90013 More stats 9
LOFT RENTALS HUGE LIVE-WORK LOFT FOR LEASE DOWNTOWN L.A. 2-STORY Alta Lofts 200 N. San Fernando Rd., Los Angeles, CA More stats 8
Affordable Artist Lofts Downtown Los Angeles More stats 7
NEIGHBORHOODS More stats 7
BARTLETT LOFTS AND CONDOS at 215 W 7th Street Los Angeles, CA 90014 More stats 6
LA River House More stats 5
The Elysian Penthouses For Lease New Converted Loft Apartments Downtown Los Angeles More stats 5
BUILDINGS More stats 5

Get a free list of historic lofts and condos with Mills Act property tax benefits. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

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Mills Act lofts Downtown L.A.
Mills Act lofts Downtown L.A.

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.

What is Mills Act

For Downtown Los Angeles real estate, prospective home buyers want to know what the Mills Act is.  #millsact #whatisit #dtla

What is Mills Act?
What is Mills Act?

The California state law was created to help cities and property owners to better preserve beautiful historic buildings by providing financial assistance in the form of reduced property taxes. In return for developers restoring, and then for the home owners maintaining structures with their original architecture, the homeowners usually report savings of about 66% off of their annual property tax bill. ¬†That means they only pay about 1/3 of the typical amount. ¬†That’s a savings of thousands of dollars per year, or tens of thousands of dollars over the average residential stint, potentially hundreds of thousands of dollars of savings over the lifespan of he property.

There are some great historic buildings in Downtown L.A.  Many of these have been converted to condominiums that are cultural monuments in designated Historic Preservation Overlay Zones. The home owners receive inancial incentives that can help to rehabilitate, restore and maintain the buildings. The City of Los Angeles provides assistance.

The Mills Act is easily the most powerful economic incentive program in California for the restoration and preservation of historic buildings by private property owners. Enacted in 1972, the Mills Act legislation grants participating local governments (cities and counties) authority to enter into contracts with owners of qualified historic properties who actively participate in the restoration and maintenance of their properties to receive property tax relief. The City of Los Angeles adopted local Mills Act legislation in 1996. Since then, nearly 900 properties have benefited, and thousands of homeowners have financially gained from the program.

A formal agreement known as a Mills Act or Historical Property Contract is executed between the City of Los Angeles and the property owner for a revolving ten-year term. Contracts are automatically renewed each year so that the term of the contract always extends for ten years. Property owners agree to restore, maintain, and protect the property in accordance with specific historic preservation standards and conditions of the contract. Periodic inspections by City and County officials ensure proper maintenance of the property. The City may impose penalties for breach of contract or failure to protect the historic property. The contract is transferred to new owners if the property is sold, and is binding to following owners.

Benefits to Owners
The Mills Act program is especially beneficial for recent buyers of historic properties and for current owners of historic buildings who have made major renovations to their properties.

Valuations of Mills Act properties are determined by an Income Approach to Value. The Income Approach, divided by a capitalization rate, determines the assessed value of the property.

Mills Act Buildings Downtown Los Angeles

108 W 2ND ST ‚Äď Higgins Building
1850 INDUSTRIAL ST ‚Äď Biscuit Company
215 W 7TH ST ‚Äď Bartlett Building
257 S SPRING ST ‚Äď Douglas Building
315 E 8TH ST ‚Äď Textile Building
416 S SPRING ST ‚Äď El Dorado Building
420 S SAN PEDRO ST ‚Äď Little Tokyo Lofts
460 S SPRING ST ‚Äď The Rowan Lofts Building
>> MORE

Get a free list of Mills Act properties. Fill out the online form:

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Home buyers want to know what a Mills Act loft is.
Home buyers want to know what a Mills Act loft is.

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.

 

 

Eastern Columbia Building

849 S Broadway in Downtown Los Angeles  Eastern Columbia Lofts DTLA

Eastern Columbia Building
Eastern Columbia Building Downtown L.A. List of Available Lofts For Sale

Registered Live/Work Lofts in a National Historic Monument

Lofts For Sale РListed and Off-Market    #easterncolumbia #millsact #lofts

890sf Studio One Bath offered at $625,000 ($702/sf)
Center Loft, Upper Floor, Unobstructed South
Annual Property Tax: $2600 Tax Savings: $5200 with Mills Act in place
Purchase Price: $625,000
Approx Annual Costs (includes HOA, Taxes, Insurance): $15,000
Approx Annual Rental Income: $35,000

1500sf One Bedroom One Bath offered at $975,000 ($650/sf)
Corner Loft, Lower Floor, Some Updates, Taller Ceilings, Tree Top Views
Annual Property Tax: $2400 Tax Savings: $9750 with Mills Act in place
Purchase Price: $975,000
Approx Annual Costs (includes HOA, Taxes, Insurance): $16,000
Approx Annual Rental Income: $45,000

Eastern Columbia Mills Act Historic Lofts
Mills Act Historic Lofts

1610sf Two Bedroom Two Bath offered at $1,400,000 ($869/sf)
Corner Loft, Upper Floor, Extensive Remodel, Unobstructed South and East Views
Annual Property Tax: $3500 Tax Savings: $14,000 with Mills Act in place
Purchase Price: $1,400,000
Approx Annual Costs (includes HOA, Taxes, Insurance): $18,000
Approx Annual Rental Income: $60,000

1740sf Two Bedroom Two Bath offered at $1,500,000 ($862/sf)
Corner Loft, Mid-Level Floor, Remodeled, Large Balcony, North and West Views
Annual Property Tax: $2750 Tax Savings: $15,000 with Mills Act in place
Purchase Price: $1,500,000
Approx Annual Costs (includes HOA, Taxes, Insurance): $18,000
Approx Annual Rental Income: $60,000

1840sf Two Bedroom Two Bath offered at $1,650,000 ($896/sf)
Corner Loft, Upper Floor, Extensive Remodel, Unobstructed South and East Views
Annual Property Tax: $4,000 Tax Savings: $16,500 with Mills Act in place
Purchase Price: $1,500,000
Approx Annual Costs (includes HOA, Taxes, Insurance): $20,000
Approx Annual Rental Income: $80,000

Building and Neighborhood Appreciation Factors: A quick study of the Eastern Columbia building and its surrounding neighborhood shows much potential for appreciation. This one-of-a-kind Live/Work Loft building is a National Historic Monument, which is already known as the Dakota of LA. Luxury rental towers like LEVEL Furnished Living, Atelier, Eighth and Grand, and the extraordinary Freehand hotel make up part of this booming neighborhood. The high-end retail on the block also demonstrates how well this neighborhood is doing: Acne Studios, Il Café, Mykita, Mischelle Jilene, OAK NYC, Sara Palacios Design, Tanner Goods, A.P.C., Urban Shopping Adventures, HEX, and Aesop. Plans for the immediate neighborhood include: The Broadway Trade Center next door with over 200,000sf of high-end retail space on street level (think Gucci, Prada, Armani), Jordan Brand Flagship Store, Onni Group’s 50 story tower, and the Apple Store coming to the Tower Theater.  #dtla

Existing and future developments continuously add to the scope of the neighborhood, with the Eastern Columbia positioned in the heart of it all. These include Whole Foods, Ace Hotel, Orpheum Theater, and several new residential buildings recently completed and in the works. Bringing Back Broadway is planning the Downtown Streetcar’s route along Broadway, which will pass in front of Eastern Columbia building. As density pushes in, this desirable building, the Jewel of Downtown with the iconic clock tower will remain a bright beacon in the Los Angeles skyline.

Get a free list of Mills Act properties for sale. Fill out the online form:

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For more information, please contact: COREY CHAMBERS
213-880-9910 mobile   323-352-3838 office
corey@easterncolumbialoft.com   EasternColumbiaLoft.com

Eastern Columbia 849 S Broadway, Los Angeles, CA
Eastern Columbia 849 S Broadway, Los Angeles, CA

Copyright ¬© This free information provided courtesy Bill Cooper. ¬†Additional information provided by L.A. Loft Blog, LAcondoInfo.com and 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. Mills Act property tax benefits are not guaranteed and are subject to change. Get Mills Act details from the City of Los Angeles. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

Downtown Los Angeles Most Popular Lofts, Condos and Apartments

REAL ESTATE NEWS

Top 10 Downtown Los Angeles Loft and Condo topics this week – Where is the smart money finding the best lofts and the best deals?

Live Work Loft Penthouse For Lease
Live Work Loft Penthouse For Lease
Mills Act Downtown Los Angeles More stats 940
LOFTS FOR LEASE More stats 76
LOFTS FOR SALE More stats 38
Home page / Archives More stats 37
Live/Work Lofts Downtown LA vs. Residential Studio Apartments More stats 27
Up and Coming Neighborhoods Los Angeles 2017 More stats 11
Piano Lofts 932 S Hill Street Downtown Los Angeles More stats 10
NEIGHBORHOODS More stats 9
BUILDINGS More stats 9
ALTA LOFTS Los Angeles 200 N San Fernando Rd 90031 More stats 7
Other posts 169

There’s no denying that live/work lofts in the best neighborhoods are on most minds. ¬†Sometimes, however, people want what they can’t have. Several have called asking for Piano Lofts, but we don’t see any available at all there. ¬†For those persistent loft pursuers who don’t want to give up, take the 3-hour tour and our team of Downtown real estate pros will contact the owners directly to see if there is really anything available or not.

L.A. Loft Blog reader know what they want, and Mills Act lofts are staying in the lead due to their awesome historic character and dollar-wise property tax benefits. Get a free list  #top10 #millsact #lofts #dtla  Fill out our online form:

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Mills Act Loft Downtown Los Angeles Industrial Live/Work Corner Windows
Mills Act Loft Downtown Los Angeles Industrial Live/Work Corner Windows

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.

Billion Dollar Loft – How to Make Tons of Dough in Downtown Los Angele Real Estate

2018 Make a Billion Dollars in Downtown Los Angeles Real Estate

Make a Billion Dollars in Downtown Los Angeles Real Estate
Make a Billion Dollars in Downtown Los Angeles Real Estate
The Renaissance of Downtown Los Angeles Continues with Huge Benefits

Today, after more than $12 billion of new investment and renovation, the glimmering luster of DTLA is once again shining through.  The revitalization of Downtown is a powerful reminder that we can truly accomplish anything, as we are only limited by our own motivation.  We are empowered by our ability to believe. Place that motivation into action with lessons on how to make a billion dollars in real estate. #dtla #investment #millsact

Downtown is the place to do it:  The Los Angeles Metro rail system, along with the new home-building power of the Los Angeles Adaptive Re-Use Ordinance, gave a huge boost of momentum to Downtown’s rebirth.  Downtown has also benefited from taking advantage of the nationwide trend toward urbanization.

Along with ambitious plans, hard work and determination, thousands of fortunate, brave and savvy Downtown homeowners have gained hundreds of thousands of dollars of equity due to their foresight and willingness to take risks. Downtown has more than doubled in size since 2000. The dramatic profit opportunities have just begun.

Now that the Downtown real estate has stabilized with¬†a massive infrastructural boost behind it, recent annual home price gains have also been stable for several years. Fortune continues to favor the bold while the nay-sayers lose out and the scaredy-cats are got left in the dust. The L.A. Loft Blog has helped countless Downtowners to make extreme gains in personal wealth for the last 6 years. After 2017’s extra huge run-up of stocks, bitcoin, home prices and other assets, it is time to plan for a coming plateau or downturn by liquidating some of the riskiest assets and holding plenty of cash and precious metals. This may be the last long term cycle to load up on cash as fiat currency will eventually suffer a shocking collapse, losing to decentralized cryptocurrencies

Because homeowners are doing so well with their Downtown real estate investments, it’s difficult to find bargains these days. But they do exist! Investors and would-be Downtowners can get a free list of Downtown distressed properties at http://www.DowntownLAForeclosures.com. Home buyers can also take out some of the risk with a Buyer Savings Guarantee, or Downtown buyers can reduce the risk on the investment with the Love Your Loft Guarantee.  Home sellers and buyers can find out what the loft down the street sold for at www.LALoftPrice.com.

Massive research combined with creativity has long been the key to making the most of Downtown during hard times, and new thinking is also the key to capitalizing on its current boom.  Artists have for decades turned ugly, nearly abandoned buildings into beautiful live-work spaces using artistry and ingenuity instead of cash.  The L.A. Loft Blog recently proclaimed that Downtown Los Angeles has made the transition from economical barrio to luxury neighborhood.  Now that the gravy train has arrived (and unfortunately pushed out many starving artists), Downtown is gaining a more wealthy crowd of creatives.  The next steps and next opportunities in Downtown are to complete the transition by transforming the remaining poverty-stricken parts of Downtown (namely Skid Row), maximizing the opportunities and adding lots of polish to the new creation.

Forbes Magazine lists the newest billion dollar startups to invest in.  Business Insider reveals where the technology industry is heading.

 

Opportunities are knocking in Downtwon Los Angeles!

Investors and first time home buyers don’t want to miss new construction, Mills Act, distress sales, bank owned, for sale by owner,expired, foreclosures, REO, company owned, estate sales, probate sale, escrow fallouts, cancelled contracts, expired listings, listings on hold, vacant homes, divorce sales, auctions, pre-auctions, pre-foreclosure, raw loft, off market, private listings, unlisted lofts, pocket listings, need-to-sell now homes and unclaimed homes. Other homes have big advantages with low HOA dues or reduced property taxes.

There are still some underpriced Mills Act homes in Downtown Los Angeles that offer big property tax benefits for helping to maintain beautiful historic buildings. Get a free list of Mills Act lofts. Fill out the online form:

  1. SB Grand Lofts ‚Äď FOR SALE
  2. Higgins Building ‚Äď FOR SALE
  3. Puerta Del Sol ‚Äď FOR SALE
  4. Alta Lofts ‚Äď FOR SALE
  5. Little Tokyo Lofts ‚Äď FOR SALE

The L.A. Loft Blog gave super profitable investment suggestions in 2017, including real estate, Bitcoin and stocks. ¬†This year, however, is different.¬†Stocks are frothy at the beginning of 2018. With this kind of potential irrational exuberance, stock investors should be extra cautious. In fact, at this point in the long term economic cycle, there is likely to be more profit in shorting stocks as crash pressure is now building up to dangerous levels as indicated by stock market price to income ratio, long-term cycle length and employment levels as a lagging indicator. ¬†It’s a great time to think about selling some stock after the recent huge run-up. ¬† After a crash will be an ideal time to purchase stocks that benefits from the coming dominance of AI Artificial Intelligence, Deep Learning, Quantum Computers and Robotics. ¬†These will be companies like¬†Applied Materials,¬†Boston Dynamics.¬†D-Wave,¬†IBM, and¬†Google. Seek out smaller start-up versions of similar companies for even more explosive growth and profit.

There’s no need to risk buying a bad deal. By gaining built-in savings with lower property taxes, Downtown loft owners are enjoying all of the benefits of our great urban renaissance while living in wonderfully modernized old buildings of historic character, high ceilings that pay back many thousands of dollars of financial benefits. Get a free list of Mills Act lofts.¬†Fill out the¬†online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

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Best Deals in DTLA Real Estate are Not on the Market
Best Deals in DTLA Real Estate are Not on the Market

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.

*seller and Corey must agree on price and time of possession ‚Äď details and conditions visit coreychambers.com

Real Estate Taxes 2018 Downtown Los Angeles California Lofts and Condominiums

TAX REFORM

Tax Reform 2018 Downtown Los Angeles, California Property Taxes
Tax Reform 2018 Downtown Los Angeles, California Property Taxes

REAL ESTATE NEWS

As tax laws have changed at the beginning of this year, the L.A. Loft Blog presents this article to help homeowners, buyers and sellers to gain a basic understanding of the changes, and to minimize any drawbacks while taking full advantage of the financial benefits of the new rules.  While different items such as exemptions and deductions have gone up or down for various people, this post will focus on taxes that relate to L.A., CA real estate. For Downtown LA, owners of historic lofts continue to receive financial benefits through the Mills Act property tax law.  #taxreform #taxes #2018

Taxes depend on several factors such as whether the homeowners are single or married, and whether they meet several IRS rules.  The first $250,000 of profit is usually tax free for single ($500,000 for married). Several factors may be taken into consideration such as property improvements and expenses.  If it is not the property owners primary residence, they might be able to do a 1031 exchange when selling and buying a similar property. #millsact

Contact a tax professional, such as a CPA Miklos Ringbauer, or there are also some highly rated Downtown real estate tax professionals such as:

Pinnacle Tax Services –¬†Tax Services, Accountants, Financial Advising
520 S Grand Ave, Los Angeles, CA 90071 (877) 224-0217

Buchalter –¬†Bankruptcy Law, Real Estate Law, Tax Law
1000 Wilshire Blvd, Los Angeles, CA 90017 (213) 891-0700

Mills Act Tax Benefits

Mills Act Historic Lofts
Mills Act Historic Lofts

It sounds almost too good to be true to get paid to live in an artistic landmark and architectural masterpiece. But it is a fact. Many DTLA homeowners report savings of several thousand dollars per year off of their property taxes thanks to their amazing old building.  For helping to maintain the original look and character of the structure, homeowners have been getting up to 2/3 off of annual property taxes.

In addition to the amazing uplifting character of high ceilings and unique details, the Mills Act provides a great financial advantage for buyers and owners of approved historic loft condominium units, some of the most beautiful buildings in Downtown Los Angeles.

Get a free list of Mills Act properties. Fill out the online form:

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Historic Buildings in Downtown Los Angeles
Historic Buildings in Downtown Los Angeles

Copyright ¬© This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 This article provides general real estate information only that is not meant to be taken as financial advice. For personal tax advice and financial planning, readers must consult with a licensed financial professional such as Certified Public Accountant and Certified Financial Consultant. 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.

 

Downtown Los Angeles Welcomes Another New Hyperloop Company

Anything that could help alleviate traffic congestion is always going to be a great addition to Los Angeles.  #arrivo #hyperloop #dtla

Arrivo hyper loop company comes to Downtown Los Angeles
Arrivo new hyper loop company comes to Downtown Los Angeles

New Hyperloop company Arrivo company has set up shop across from the Budweiser building on the Boyle Heights side of the 4th Street Bridge.¬†In the race to develop Hyperloop, Arrivo seems to be focusing on the sleds rather than a vacuum chamber. ¬†The giant skates can carry cars, passengers or freight. ¬†Without the vacuum chamber, the speed might not go quite as fast as Elon Musk’s vision, but the development and construction can proceed faster, cheaper, and possibly safer. ¬†Zooming along at up to 200 per hour will be quite an improvement over the current state of freeways in the area.

Arrivo is bringing 70 to 80 engineers to the area. Several of them are seeking residences in Downtown Los Angeles, including tax-saving historic Mills Act approved lofts in the nearby Arts District, Historic Core and Little Tokyo.

Get a free list of Mils Act lofts. Fill out the online form:

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Arrivo promised to reduce traffic in Los Angeles
Arrivo promises to reduce traffic congestion and increase transportation efficiency

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.

Mills Act Lofts Lead to Lower Taxes for Downtown Los Angeles Real Estate in 2018

Mills Act lofts lead the way for Downtown Los Angeles real estate in 2018.  These historic condominiums with exciting character such as high ceilings with concrete pillars come with a built-in bargain thanks to the law that pays owners to maintain the buildings with their original features. #millsact

Couple enjoy historic industrial live/work Mills Act loft Downtown Los Angeles
Couple enjoy historic industrial live/work Mills Act loft Downtown Los Angeles

Readers of the L.A. Loft blog have chosen Mills Act lofts as the most important of topics. Best of all, several Mills Act loft buildings provide some of the coolest and most affordable real estate in #dtla

Get a free list of Mills Act lofts just listed for sale. Fill out the online form:

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mills-act-downtown-la-los-angeles-couple
LA couple in Mills Act loft Downtown Los Angeles

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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.

Mills Act Condominiums and Houses in Southern California Historic Character with Tax Benefits

Because Mills Act homes have become the most popular topic as chosen by readers of the L.A. Loft Blog, this post will get 2018 started off in big way with a complete list of historic Mills Act condominiums and single family homes available for sale in Southern California. ¬†As Mae West and Liberace agreed, “Too much of a good thing is… WONDERFUL”, so here are complete lists of all types of Mills Act residential properties all over Los Angeles, Pasadena, Palm Springs and other popular SoCal destinations. ¬† #millsact #homesforsale #socal

Mills Act Tax Benefits on Historic Lofts and Houses
Mills Act Tax Benefits on Historic Lofts and Houses

The more information that we’ve provided, the more insatiable that readers have become in wanting more and more details and data on these amazing homes with stunning beauty, ornate detail, rare features and property tax benefits and beautiful character that can never be reproduced by new homes. ¬†Owners of these special properties report that they usually save about 2/3 off the typical property taxes! | ¬†MILLS ACT

Mills Act Homes in Southern California
Mills Act Homes in Southern California

Because condos are the most popular with LA Loft Blog readers, we will start off with a list of historic and industrial Mills Act Condos Just Listed For Sale. Some of these are live/work lofts with high ceilings, while others are in old, antique aged condo buildings with unique architectural styles that have been well maintained to retain all or most of their original look and features. mills-act-condos-socal-2018 (pdf)

Mills Act Condos Just Listed For Sale
Mills Act Condominium Units Just Listed For Sale

For those with families, or anyone who wants their own yard or real bedrooms with doors that close,  sometimes a single family house is preferred.  Mills Act approved historic traditional-style homes, along with amazing historic estates for sale can be found here: mills-act-homes-socal-p (pdf)

Mills Act Single Family Homes Just Listed For Sale
Mills Act Single Family Homes Just Listed For Sale

Get a free list of Mills Act lofts in Southern California. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN L.A.  [MAP]

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Mills Act Historic Core Downtown Los Angeles
Mills Act Historic Core Downtown Los Angeles

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.

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Arts district Mona Lisa street art wall poster print coming soon to the LA loft blog my loft store
Arts District street art wall poster print coming soon to LA Loft Blog My Loft Shop

The store will offer exclusive video tours of the most amazing lofts in Downtown L.A., it will also have upgraded services that will allow Loft Blog readers to access special services including exclusive unlisted properties and pocket listings that are not on the internet. It will have information about the investment potential of the buildings and professional opinions of each building and neighborhoods of DTLA. The store is being built products starting with exclusive signed limited edition Art Prints of Downtown LA. ¬†It’s now under construction, and will soon have dozens of items. See a sneak peak of My Loft Shop, our Etsy-based L.A. Loft Blog online store here. ¬†#artsdistrict #lofts #millsact #dtla

Get a free list of Arts District,  Historic Core, Little Tokyo and Old Bank lofts with Mills Act tax benefits. Fill out the online form.

LOFT & CONDO LISTINGS DOWNTOWN L.A.  [MAP]

Lofts For Sale ‚Äā ‚Äā Lofts For Rent Lease Downtown Los Angeles DTLA ‚Äā ‚Äā

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

Rowan 2 Story Loft

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.