Downtown Los Angeles has about 50 condominium buildings with lofts and other condominiums for sale. Coming soon are about 5 additional new construction modern high-rise condo buildings. | NEW CONDOS #condos #dtla
More than half of the condos in Downtown L.A. are in industrial or commercial buildings, transformed into live-work residential lofts under the City Los Angeles Adaptive Re-Use Ordinance. Many with New York style industrial concrete floors and columns, others with many oversized windows and brick walls, several of these historic loft condo buildings qualify for greatly reduced property taxes from the Mills Act tax benefits.
Of the 64 most popular rental apartment buildings in Downtown, nearly a dozen (all loft buildings) have tentative plans to sell the units some time in the future. Many #DTLA #condos have units available for lease.
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Corey Chambers Realty Source Inc BRE#01889449
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.