Loft Blog Reader Questions #alta #lofts
Q: Hi Corey, I wanted to see if you could tell me if your Alta Lofts listing will require any seismic upgrading that would trigger HOA increases? Is it a true live/work space? What types of uses are allowed? What are the prohibitions? A: Alta and most other lofts received earthquake retrofits when they were converted to condo residences. I’m not aware of any additional seismic upgrading coming up. The homeowners on the board decide when HOA increases are necessary for any reason. Alta is a live/work loft building. Creative, office, arts, etc. The use must be appropriate for the building, and may not disturb the neighbors. Heavy industry and retail are not allowed. Smoking is not allowed at Alta. Using the gym and social room for customers is not allowed. There are likely other actives not allowed. The HOA may change the rules. CC&Rs are provided during escrow. #losangeles #pollution
Q: Does Zimas say that Alta Lofts are in some kind of pollution zone? A: While Zimas does not show air quality numbers measured at Alta lofts, there are pollution issues all around Downtown Los Angeles. Areas near traffic and freeways have lower air quality than small town, mountain and desert areas. Tests show that air quality issues are moderate at Alta Lofts. AQICN | PurpleAir | BreezoMeter | Freeway #zimas #purpleair | Blog Video
Q: What are average hoa dues for a $1? A: I’m not sure I understand the question. We don’t have exact amounts, but the average HOA dues for Downtown Los Angeles are around $600.00 per month. They range from around $300 per month to over $2,000 per month. | Low HOA Dues
Q: What are mills act property downtown la? A: That’s an easy one. Mills Act properties are the amazing historic lofts that have been approved for property tax benefits. Details at www.MillsActLA.com
Get a free list of Mills Act historic homes. Fill out the online form:
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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.