Lofts and Condos That Sold This Week Discover Which One Is A Mills Act Property And What That Means For the Lucky Buyer

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

 

Mills Act Lofts offer a great tax incentive to home buyers in the downtown Los Angeles Loft Market.  One of our just sold Lofts this week in a Mills Act Building.  Do you know which one?  Check the links to find out.

Here are three condos and lofts that sold this last week in Downtown Los Angeles.  Don’t worry if you were not one of the buyers, we are here to help you find the one that is right for you.

800 W 1st Street unit 1409 Sold for $400,000

800 W 1st Street unit 1409 Los Angeles CA 90012 Sale Price $400,000

Bunker Hill Tower

The building:  Enjoy amazing panoramic views in 31 stories of the superb Bunker Hill Tower condominium building. Floor-to-ceiling windows bring in dramatic city views of the Downtown Los Angeles skyline to the Hollywood sign, Griffith Observatory, City Hall, Walt Disney Concert Hall, Broad Museum and the mountains. Condo units are often available FOR SALE or FOR LEASE.

 

120 S Hewitt Street Unit #12 Sold for 750,000

Gallery Lofts

120 S. Hewitt St #12, Los Angeles sold for $750,000.

  • Architecture and Industrial Design
  • Beautiful Interior Courtyard with Lush Bamboo and Water Features
  • Lighted and Gated Parking
  • Assigned Parking Spaces
  • Walking distance to Little Tokyo
  • Walking distance to the Little Tokyo/Arts District Metro Stop
  • Walking Distance to the Dash Bus Stop
1850 Industrial #204 deep in the Arts District sold for 1,224,000.

Biscuit Company Lofts

1850 Industrial #204 Los Angeles, CA 90021 Sold for $1,224,000.  Each loft features a spacious floor plan flooded with natural light, sturdy steel frame construction, high ceilings, exposed brick walls, thick hardwood floors, industrial seal windows and oversized doors.  Lobbies and corridors are enhanced by ornamental concrete and sandblasted brick, copper doors, and vintage lamps.

#LoftsSold #MillsAct

Mills Act Tax Savings, get free details on this amazing savings advantage.  Fill out the online form.

 

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

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200 N San Fernando Rd
Historic Buildings truly offer an out of box experience.

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 Higgins Building A Gem Of Early 20th Century

Mills Act Bonus at Higgns Lofts in DTLA

The landmark Higgins loft condominium building takes downtown history full circle. It was conceived in 1910 by copper tycoon Thomas Higgins and designed in the Beaux-Arts style by Architects Arthur L. Haley and A.C. Martin. Surrounding the building lay architectural masterpieces including the Caltrans headquarters, Historic LA Times building, City Hall, and the LAPD headquarters.  Owners have recently been hit by a repair charge to exterior decorations. The Higgins Building does have its benefits however in the form of Mills Act savings, and some sellers are actually paying the assessments so that the buyer might be spared a major unexpected expense.  Paying for repairs or making repairs for buyers is a well-tested element of an overall home sales plan.
Mills Act participants can realize very fruitful property tax savings. Tax savings vary by building and are based on the rental value of a given building.  Don’t
#MillsAct #Loft

Mills Act Building In Downtown Los Angeles, apply for a free list of available properties.  Fill out my online form.

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]e 

  Lofts For Sale     Map Homes For Sale Los Angeles

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

Higgins Building Spiral Stairs to Mezzanine

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.