Mills Act Property Tax Benefits – Historic Homes Can Pay Dividends #millsact #dtla
Mills Act Historic Building Tax Benefits
For historic lofts in Downtown Los Angeles, the Mills Act law was created to help and encourage owners of beautiful old buildings to keep them around and keep them well-maintained and looking nice while retaining their authentic charm and original appeal. Most Mills Act historic building property owners report that they save a whopping 66% off of county property taxes. With average downtown annual property taxes running around $7,500, the Mills Act certainly is a big help if it saves a reported average of around $5,000 per year. | MILLS ACT LOFT WITH PRIVATE BALCONY | Mills Act Guidelines
Get a free list of Mills Act lofts for sale. Fill out the online form:
Some prospective Downtowners refuse to be cooped up in a box all the time. They want to stretch their wings with a private outdoor space. #dtla #balcony
This is especially true for anyone who has pets, smokes or who wants to be sure to avoid cabin fever by easily stepping out at one’s own leisure into the private outdoor space. Below is a new video just released of the Eckardt Loft unit #302 at Santee Village. It offers nice open space, separated bed area and Mills Act tax benefits for less than $475,000. A covered parking space is included in the HOA dues. It’s even Mills Act qualified.
Historic industrial live/work loft 810 sq ft with private balcony. Open space with high ceilings. Hip urban character. Separated bed area. Upgraded ceiling lighting. Modern kitchen and bathroom. Concrete floors. Parking in maple avenue lot with free evening shuttle. Qualifies for Mills Act tax benefits. The Eckardt Building residents enjoy Santee Village amenities including swimming pool, hot tub spa, rooftop sun deck, fitness center gym, food court, wine market. In the middle of the action walkable to countless shops, restaurants, coffee, bars, pubs, entertainment and and transportation. Call Corey (213) 880-9910 or visit www.EckardtLoft.com
Corey Chambers
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To find out how much you can sell your home for and how long it will take, call Corey at (213) 880-9910
Save thousands of dollars on property taxes. Get a free list of Mills Act historic lofts or get a free list of Downtown lofts and condos with private outdoor space such as balconies, patios and terraces: Fill out the online form:
