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.

SOLD Property Prices Downtown Los Angeles

When we hear someone say “I sold my house,” the first thing we want to know is how much it sold for.  #dtla #homeprices #sold

Sold Properties Downtown Los Angeles
Sold Properties Downtown Los Angeles

The L.A. Loft Blog now has SOLD prices!

When determining the value of a home and trying to figure out what it might sell for, buyers and sellers commonly make the mistake of focusing on listed asking price.  That listing price is only a starting point, while the recently sold prices of comparable nearby properties are the correct prices to look at to determine market value and the likely selling price.  Sold prices are the actual amount of money paid by buyers to sellers when the homes closed escrow.

DOWNTOWN LOFT SOLD HOME PRICES:
Affordable  |  Popular  |  Luxury

How much is my home worth?

Find out what the home down the street sold for

Sold prices are what appraisers, banks, lenders, agents and other real estate professionals look at to determine the real value.  Sold prices are the key to determining how much a seller should ask for a property.  In addition to actually asking the seller what price and terms they need, checking the recently sold prices are the only real way to know how much a buyer should offer for a property.  The asking price is an indicator of a possible price ceiling, and the asking price provides a clue as to what the seller expects to get for their home. Asking price can be pie in the sky wishful thinking, while sold price shows how much home buyers actually forked over of their hard-earned money.  The sold prices, also called comparable prices or comps, must be of comparable nearby properties that sold within the last six months. Sold price is the real price for real estate.

FIND OUT WHAT THE HOME DOWN THE STREET SOLD FOR

Get a free list of sold homes with photos, property details and prices in Downtown Los Angeles or any Southern California neighborhood. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

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

Homes Sold in Downtown
Homes Sold in Downtown

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.