Little Tokyo Lofts For Sale $319,000

Posted on February 22, 2015 by Downtown LA Lofts

Little Tokyo Lofts For Sale Call 213-808-4324

Little Tokyo Lofts For Sale $319,000

Cool Industrial Loft with Large Balcony. High Ceilings. Lots of Windows & Light. Modern Kitchen has Stainless Steel Appliances. One Covered Parking Space included in Home Owners Association Dues. Building Amenities – Pool, Spa, Fitness Center, Barbeques and Dog Run. Two blocks from Little Tokyo Shopping District with lots of Restaurants, Stores & Night Clubs. Four blocks to Little Tokyo Galleria with Grocery Store, Restaurants, Bowling Alley & Video Arcade. Six blocks to Metrolink Gold Line.

Listing Courtesy Of: Realty Source Incorporated

If you are considering selling or buying in 2015 and would like a private consultation, please contact me at 213-808-4324

Downtown LA Luxury Loft Specialist
Call or Text 213-808-4324
david@LALofts.me

Little Tokyo Lofts For Sale $335,000

Posted on February 22, 2015 by Downtown LA Lofts

Little Tokyo Lofts For Sale Call 213-808-4324

Little Tokyo Lofts For Sale $335,000

Penthouse-level Industrial Loft with Large Balcony. High Ceilings. Lots of Windows & Light. Modern Kitchen w/Stainless Steel Appliances. One Covered Parking Space included in Home Owners Association Dues. Building Amenities – Pool, Spa, Fitness Center, Barbeques & Dog Run. Two blocks from Little Tokyo Shopping District with lots of Restaurants, Stores & Night Clubs. Four blocks to Little Tokyo Galleria with Grocery Store, Restaurants, Bowling Alley & Video Arcade. 6 blocks to Metrolink Gold Line.

Listing Courtesy Of: Realty Source Incorporated

If you are considering selling or buying in 2015 and would like a private consultation, please contact me at 213-808-4324

Downtown LA Luxury Loft Specialist
Call or Text 213-808-4324
david@LALofts.me

Little Tokyo Lofts For Sale $399,000

Posted on February 22, 2015 by Downtown LA Lofts

Little Tokyo Lofts For Sale Call 213-808-4324

Little Tokyo Lofts For Sale $399,000

Rare corner end unit with only one shared wall! The Little Tokyo Lofts are some of the last true creative loft spaces in downtown. This large square open floorplan with two story ceilings is a blank slate ready for your room arrangements, build-ins and platforms. It can even be converted into a two bedroom. Included in images are an architectural plan to enclose one bedroom and add a loft work space as one creative idea. Away from the street, this northeast corner unit is private. With large windows on two walls you get incredible natural light throughout the day, but the thick construction keeps temperatures moderate. Truly a peaceful retreat in the heart of downtown. Floors were refinished this year. Included are stainless steel appliances and a newer stack washer and dryer. The Little Tokyo Lofts have one of the lowest HOA fees downtown but still offer friendly security and a responsive HOA. As a resident you can enjoy the onsite BBQ, gym, pool, spa and sauna. One gated and covered parking spot is included, plus there is plenty of guest parking. Just east of the financial and jewelry districts the neighborhood quiets down at night, giving you a secluded feel even as you are only steps from shops and restaurants.

Listing Courtesy Of: Best Homes International

If you are considering selling or buying in 2015 and would like a private consultation, please contact me at 213-808-4324

Downtown LA Luxury Loft Specialist
Call or Text 213-808-4324
david@LALofts.me

How can you benefit from a Mills Act Loft?

Posted on February 15, 2015 by Downtown LA Lofts

Whether you have heard of the Mills Act or not, it’s active and can save you a huge amount of money on taxes.

Benefits of the Program

To help preserve LA’s historic buildings, a new tax incentive was created. Called the Mills Act, it offers homeowners in qualifying historic buildings as much as 70% or more off their property tax bills. That means if you buy a loft in a historic building, you could potentially save thousands of dollars each year. That’s money you can use to help furnish your new loft home, put more money down at purchase to reduce your monthly mortgage payments, trade up to a larger loft or even just put in your pocket.

Benefits to Owners

The Mills Act offers a substantial reduction in property taxes for owners of “qualified historical properties” provided they agree to preserve, restore, rehabilitate, and maintain the historical and architectural character of their properties.

Mills Act participants may realize substantial property tax savings each year for recently improved or purchased older properties because valuations of Mills Act properties are determined by an Income Approach to Value rather than by the standard Market approach to determining appraised value. The Income Approach, divided by a capitalization rate, determines the assessed value of the property. In general, the income potential for an owner-occupied residential property is calculated by examining comparable rents for similar properties in the area, while the income amount on a commercial property is based on actual rent received. Because rental values vary from area to area, actual property savings may vary. In addition, as County Assessors are required to assess all property annually, Mills Act properties may realize slight increases in property taxes each year.

If you would like a list of Mills Act approved Loft buildings in Downtown Los Angels, or for more information on Mills Act properties, contact me and put my team to work for you today!

If you are considering selling or buying and would like a private consultation, please contact me at 213-808-4324

Downtown LA Luxury Loft Specialist
Call or Text 213-808-4324
david@LALofts.me

SB Grand Grand Lofts For Sale $375,000

Posted on February 13, 2015 by Downtown LA Lofts

SB Grand Grand Lofts

SB Grand Grand Lofts For Sale $375,000

Chic and bright 10th floor unit in the SB Grand building. True one bedroom, 800 sqft, newly refinished concrete floors, freshly painted, sliding doors leading to private outdoor patio with peekaboo views of the surrounding historic buildings, low HOA dues, leased parking available. Located in the middle of the Historic Core and along theatre row on Broadway, in the thick of the Bringing Back Broadway renaissance plan. Within blocks of restaurants, cafes and bars along Spring, Main and Broadway. Metro Redline stop on the corner.

Listing Courtesy Of: Keller Williams Larchmont

If you are considering selling or buying and would like a private consultation, please contact me at 213-808-4324

Downtown LA Luxury Loft Specialist
Call or Text 213-808-4324
david@LALofts.me

Here Are My Picks For DTLA’s Top Loft Rentals

Posted on January 31, 2015 by Downtown LA Lofts

810 Square Feet

1 bed

1 Total Baths

Rental Price:$2,495

Live in the premiere building in the ultra hot Arts District in Downtown LA! The Biscuit Lofts is a historic monument and previous home to Nabisco. This beautiful third floor unit overlooks the hip neighborhood eateries and has a distinct New York feel. Kitchen has been updated with glass mosaic back splash, stainless steel cabinets and appliances. The mezzanine level can be used for sleeping quarters, leaving lower level all for living space. Bathroom has marble counters and shower, bowl sink and custom cabinetry. Combo washer/dryer in unit, electric blinds. Building has delightful pool, 24 security, gym, and one parking space. Will allow one dog with $500 additional pet deposit.

Listing courtesy of Keller Williams Hollywood Hills

1,470 Square Feet

1 bed

1 Total Baths

Rental Price:$2,699

The Mercantile Lofts is a boutique building, comprising just 35 units, and offering an exclusive live/work experience in the heart of downtown LA’s Historic Core. The Mercantile, and features huge open spaces, lots of natural light, exposed brick and beams, faces out to Main Street for a great view of the city. A large bedroom and office area is separated from huge grand kitchen. Bamboo hardwood flooring, high ceilings, in unit Washer/Dryer and on-site parking for one car or storage. Adjacent to PE lofts which is home to the new Artisan House, Cole’s and the Association. Great location to be within blocks of many well known restaurants and bars. Bonus of Full use of the amenities at PE lofts which include rooftop Pool and deck, dog run, laundry, fitness center and conference room .(usually $80/month to use these amenities) Reduced security deposit of $875- with approved credit.

Listing courtesy of South Park Group, Inc.

1,593 Square Feet

1 bed

1 Total Baths

Rental Price:$2,849

The Mercantile Lofts is a boutique building, comprising just 35 units, and offering an exclusive live/work experience in the heart of downtown LA’s Historic Core. The Mercantile, and features huge open spaces, lots of natural light, exposed brick and beams, faces out to Main Street for a great view of the city. A large bedroom and office area is separated from huge grand kitchen. Polished Concrete flooring, high ceilings, in unit Washer/Dryer and on-site parking for one car or storage. Adjacent to PE lofts which is home to the new Artisan House, Cole’s and the Association. Great location to be within blocks of many well known restaurants and bars. Unit includes bonus of full use of the amenities at PE lofts which include rooftop Pool and deck, dog run, laundry, fitness center and conference room .(usually $80/month to use these amenities). Reduced security deposit of $875- with approved credit.

Listing courtesy of South Park Group, Inc.

1,235 Square Feet

2 Total Baths

1 Partial Baths

Rental Price:$3,800

Enjoy a spectacular view of the downtown skyline and city lights from 6th floor of the historic Biscuits Co. Lofts. Unique, open loft living space with soaring ceilings, stylish upgrades, designer bath, original preserved wood floors, exposed brick, and in-unit laundry. Complex offers 24-hour doorman, huge pool, BBQ area, on-site gourmet restaurant, and gym across the street. Freshly painted and ready for immediate move-in.

Listing courtesy of Sotheby’s International Realty

1,360 Square Feet

2 bed

3 Total Baths

1 Partial Baths

Rental Price:$4,000

Award-winning, rarely on market live/work townhome in a re-imagined 1906 red-brick warehouse in the vibrant Arts District — perfect for the private, busy or publicity-shy tenant with convenient, covered parking within steps of the door. This light-filled three-story townhome is open and modern with two original brick walls artfully contrasting with the modern streamlined design and lay-out. The master bedroom with en suite bathroom and walk-in closet has its own private outdoor area and the ground floor has another outdoor area. This boutique complex has only 38 units and sports several dedicated guest parking spaces and has numerous restaurants, cafes and shops within walking distance not to mention that it is a mere 5-10 minute walk to all that Little Tokyo has to offer.

Listing courtesy of Deasy Penner & Partners

Downtown LA Rental Specialist
Call or Text 213-808-4324
david@LALofts.me