Downtown Los Angeles Neighborhoods and the Mills Act Properties that Benefit Owners: Rapidly Evolving

Mills Act Historic Core Downtown Los Angeles

As The Arts District and Greater Down Town Los Angeles. transforms into expensive luxury neighborhoods, prospective home buyers must put more effort into finding the best deals on amazing lofts. The Mills Act lofts can make it easier to find a great deal by providing property tax benefits that can represent a great deal on a home in Downtown L.A.  #millsact #downtownlosangeles #lofts

Not ready to buy? Check out our building index for Lofts and Condos available to lease.

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The Mills Act economic incentive program helps private homeowners, including loft condominium unit owners in California with the restoration and preservation of qualified historic buildings. For L.A., the program is administered and implemented by the City of Los Angeles. Mills Act contracts are between the property owners (HOA for condo buildings) and the city and county government granting the tax abatement.   |   REQUEST LIST

The Mills Act helps Los Angeles city hall to design preservation programs to accommodate Downtown and the entire city’s needs and priorities for rehabilitating its neighborhoods, encouraging seismic safety programs, contributing to affordable housing, promoting heritage tourism, and fostering pride of ownership. The city and neighborhoods get economic benefits of conserving resources and reinvestment as well as playing an important role in historic preservation for revitalizing older areas, creating cultural tourism, building civic pride, and retaining the sense of place and continuity with the community’s past.  |  MILLS ACT HOMES FOR SALE   |   MILLS ACT RECENTLY SOLD

Each local government establishes its own criteria and determines how many contracts it will allow in its jurisdiction.  

Not sure if you are already on the list or if your information is current? Check out the Mills Act Contacts List.

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Shopping for a new loft? Look for a Mills Act Property to score a bargain.

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.

The South East Asian Food Connections in Santee Passage Near Santee Village Lofts and Condos

Eckardt Building (Santee Village) Downtown Los Angeles

The Santee Passage food court probably isn’t where you’d expect to find some of the most delicious Thai food in Los Angeles, but that is where you’ll find Downtown’s Holy Basil. Using high-quality, locally sourced ingredients, chef Wedchayan “Deau” Arpapornnopparat and partner Tongkamal “Joy” Yuon regularly inspire revelations in Southeast Asian flavor and spice with their version of takeout favorites like pad kee mao and green curry. Available for takeout and delivery.  Details

Santee Passage, is a food court in the bustling Fashion District in Downtown sometime early next year. Unlike some of the other lesser projects LA is being populated with of late, this one comes with some of the most experienced food hall curators in the business.

Are you looking to find a Historic industrial live/work loft? Eckardt Building residents enjoy Holy Basil and all of the Santee Village amenities, including a swimming pool, hot tub spa, rooftop sun deck, fitness center gym, half basketball court, golf driving range, food court, etc. wine market. 24-hour security patrol. This property, located in the heart of the Historic Core, is walkable to countless Fashion District shops, restaurants, coffee, bars, pubs, entertainment, and transportation. Mills Act Property Tax Benefits. Call Corey (213) 880-9910. | DETAILS

#fashondistrictlofts #santeepassage

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There’s a Stumptown Coffee coming right around the corner, and Sonoratown is already winning awards and turning heads with their northern-Mexico style tacos from a tiny storefront on 8th Street. It’s also worth noting that, while the names are similar, this Santee Passage project is in no way connected to Santee Alley, a long-running outdoor bazaar in the same Fashion District area. The Passage project is a couple of blocks to the north, and won’t open until sometime early next year.

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Santee Passage a Food Court and source of all things tasty

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.