condominiums – Page 56

Real Estate News
The Mills Act can give a tremendous tax savings to owners of properties in the approved converted historic loft condominium buildings of Downtown Los Angeles and throughout the state of California.

Mills Act Tax Benefits on Historic Lofts

The tax law encourages the owners and developers of historic buildings to maintain the historic exterior appearance such as original facade and big window frames by giving up to about 2/3 off of annual property taxes. Here’s today’s list of Mills Act approved loft buildings Downtown Los Angeles by address:

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

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

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, seller 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.

LATen50.com — Trumark Urban recently announced a quick sell-out of the first phase of residences at TEN50. The second phase will start in the $600,000s.

More than a third of the residences at TEN50 have been taken off the market by eager home buyers in less than two months since sales opened to the public. The luxury 25-story high-rise under development in downtown Los Angeles’ South Park neighborhood

The investment in DTLA’s renaissance is not one Trumark Urban has taken alone – news from significant retailers including Whole Foods Market, which recently opened just three blocks from TEN50, on the corner of 8th Street and S. Grand Ave, and Apple’s purchase of the historic Tower Theatre for a new flagship store has cemented the community at the core of development in Southern California. North of TEN50, The Broad Museum has spurred a new wave of artistic ingenuity and welcomes thousands of visitors each week. Once recognized as purely a concentration of careers in finance and fashion, nearly half a million people work every day in downtown Los Angeles.

“Working and living in downtown Los Angeles, I can’t wait to move into TEN50, and truly have a place of my own to call home, right around the block from my own business,” said Eva Shen, a first-time home buyer and owner of local coffee emporium, Impresso Cafe. “The building is at the center of exactly where I want to be– surrounded by hip hotels, new restaurants and just a few blocks from LA Live and the Staples Center.”

Slated for completion in late 2016, TEN50’s exterior is nearly complete and work on the interiors is well underway. TEN50 will feature an approximately 13,000-square-foot indoor/outdoor amenity deck, including “The Fifty”, a private residential lounge that flows seamlessly from the resort-style pool to the therapeutic yoga garden with sweeping city views, as well as the country’s first air-delivery-ready drone landing pad.

To help beat out other buyers to the best deals by putting the buyer’s interests above the seller’s interests, Downtown home shoppers can get free home buyer protection that includes priority access, proprietary information, free home warranty, $10,000 Savings Guarantee and a Love Your Home Guarantee at no cost to the buyer. Call Downtown new home specialist Corey Chambers at (213) 880-9910 or visit www.LoveYourHomeGuarantee.com.

Get free information on new homes in Downtown Los Angeles. Fill out the online form:

<a href="https://laloft.wufoo.com/forms/z809dha1yg6zro/" target="_blank" rel="noopener noreferrer">Fill out my Wufoo form!</a>

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]