Tag: Los Angeles

Lofts For Sale – For those who prefer to own their own destiny in Downtown, feel the pride and reap the rewards of home ownership, such as growing equity and return on investment in the most exciting place on earth.

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Mills Act Loft Buildings Downtown Los Angeles

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
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]

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Eastern Columbia Building

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.

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Los Angeles River House New Condominiums Under Construction Frog Town Elysian Valley

River House 2970 Ripple Place, Los Angeles, CA 90039

 

Real Estate News – Special Update

Near Downtown Los Angeles and Dodger Stadium in the up and coming Frog Town neighborhood in the Elysian Valley of Los Angeles, 56 new condo units under construction are approaching completion.  The L.A. Loft Blog has learned that the concrete is now being poured, which will allow home shoppers to enter the sales office within the next few weeks.

 

To avoid making the biggest mistake that new home shoppers most often make, visitors are required to meet first with a real estate agent in order to be eligible to get free home buyer protections such as information on the pros and cons of the construction, down sides of the development, negatives of the neighborhood and drawbacks of a potentially bad deal. For new construction homes, the biggest disasters happen when an unsuspecting couple walks in to take an innocent quick peak at the new building, get a gander of the hip, chic new models, and then unexpectedly find that they immediately fall in love the sparkling new digs. They then quickly learn that they have fallen into a common trap, and that they will not be allowed to use an agent, they must endure the pushy sales office telling them to immediately begin signing away even more of their rights. They end up buying a property without knowing if they got a good deal because they did not get a 2nd opinion from a local professional, they did not see a list of recently sold comparable properties, they were not informed of all of the problems of the building and neighborhood, and the buyer’s interests were not placed above the interests of the seller.

 

Like fly-by-night operations, new homes sales offices are temporary in nature, and they are not usually around for long. They usually disappear quickly after the homes are sold.  The state of California has provided a way of helping to prevent new home mistakes and to protect prospective home shoppers before they step foot into a new real estate development sales office. Before making an appointment to see the new homes, visitors should determine if there is any chance that they might want to make a move within the next six months.  If so, the potential home buyer can easily protect their rights, get free home buyer protection, place their interests above the seller’s interests and save thousands of dollars guaranteed when they find a place they like.

Get priority access and beat out other buyers to the best deals. Fill out the online form:

 

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Copyright © 2016 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 River House or Anastasi Development. 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.