Rowan Building Lofts For Sale $585,000

Posted on February 22, 2015 by Downtown LA Lofts

Rowan Building Lofts For Sale Call 213-808-4324

Rowan Building Lofts For Sale $585,000

One of John Parkinson’s finest, this Rowan corner loft is framed in natural light with views of downtown LA’s historic core. Unit 911, a larger 1 bedroom residence, blends Rowan’s classic details of exposed brick walls, 10′ ceilings and original Mahogany picture windows with modern attributes like fine Italian kitchen, Caesar stone countertops, Bosch stainless steel appliances, Toto bathroom fixtures and large walk-in closet. Built in 1912 and restored in 2008, Rowan is an iconic beacon of timeless elegance offering an attended grand lobby, residence lounge, outdoor patio, BBQ grills and hot/cold plunge pools. It’s location places loft dwellers in the center of a progressive neighborhood with an array of dining and entertainment choices and adjacent pet friendly Spring Street Park. Rowan is a registered historic landmark granted with an estimated 65-86% reduction in property taxes through the Mills Act.

Listing Courtesy Of: John Aaroe Group

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

Barker Block Lofts For Sale $815,000

Posted on February 22, 2015 by Downtown LA Lofts

Barker Block Lofts For Sale Call 213-808-4324

Barker Block Lofts For Sale $815,000

PENTHOUSE AT BARKER BLOCK: This jaw-dropping 1300 sf live/work loft features 17′ vaulted ceilings w/ a wall of windows & unobstructed views of of the DTLA skyline, a concrete wall for an added texture, century-old wood roof trusses, posts and beams, SS appliances, huge designer bath w/glass shower enclosure, washer/dryer in-unit, hardwood floors. Stunning resort-style rooftop pool/spa/fireplace/fitness center. New outdoor lounge w/ firepit. Free common area WIFI. 24/7 Security. Across from Urth Caffe, the LA Cleantech Incubtor & public park opening later this year. Central to all Fwys. Near USC; walk to Goldline, DASH bus, SciArc, Little Tokyo, Zinc Cafe, MOCA, local dog park, Urban Radish, hip new eateries, shops, taverns, flea mkt. all in the burgeoning Arts District.

Listing Courtesy Of: Keller Williams Larchmont

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

Molino Street Lofts For Sale $995,000

Posted on February 18, 2015 by Downtown LA Lofts

Molino Street Lofts For Sale Call 213-808-4324

Molino Street Lofts For Sale $995,000

Huge 2 bedroom 2 bathroom loft in the highly sought after and recently refreshed Molino Street Lofts building in Downtown LA’s Arts District. Very bright and charming corner space with exposed brick walls, 2 of which have 8 large windows to allow in plenty of light . This unit truly feels like home, with approximately 1900 sq ft of original character, warm materials and modern architectural touches. Amenities include central air/heat, washer/dryer in unit, original hardwood floors, high ?vaulted ?ceilings, exposed brick, exposed piping, sliding glass privacy doors and many other custom details. The gourmet kitchen has a custom built island, which opens onto the large living area that is separate from the bedroom?s. ?Master suite with designer bathroom and a wall of built-in closets. The building has a rooftop pool and lounge, sun terrace, fitness room, secured entrance and gated on-site parking. Walk to the many restaurants/bars of Little Tokyo and the Arts District.

Listing Courtesy Of: Keller Williams Larchmont

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

Rowan Building Lofts For Sale $599,000

Posted on February 15, 2015 by Downtown LA Lofts

Rowan Building Lofts

Rowan Building Lofts For Sale $599,000

Live in the heart of DTLA surrounded by sweeping views of prominent landmarks in the Los Angeles skyline. Rarely on the market, this larger front-corner unit in the historic Rowan building has an ultra-modern vibe. Every attention to detail has been incorporated into this wonderful unit. The configuration of the floor plan naturally separates the living space from the bedroom/bath area. The kitchen boasts high-end Bosch appliances as well as glass-fronted Scavolini cabinets with Ceasarstone counter-tops. An open hallway leads to a spacious bedroom/bath area and a large closet with the Elfa closet system. In the bath, hidden behind closet doors, is a sizable laundry room with tons of storage. The many large windows, gleaming wood floors, old brick walls, high ceilings and stunning views of this extraordinary unit make it one-of-a-kind. The Rowan building, built in 1912 , was completely renovated in 2008. With its outstanding architecture, breathtaking lobby and public spaces it is the envy of many downtown residents. Amenities include a lounge, garden space, barbecues, 2 Jacuzzis, dog run, & 24-hour security. It is steps away from premiere downtown eateries and entertainment. This building has been granted the Mills Act for a substantial tax break.

Listing Courtesy Of: Coldwell Banker Coast Allianc

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

Cornell Building Lofts For Sale $330,000

Posted on February 13, 2015 by Downtown LA Lofts

Cornell Building Lofts

Cornell Building Lofts For Sale $330,000

This trendy loft is located in the Cornell Building, which is part of the Santee Village Lofts in the heart of the thriving fashion district*The loft has polished concrete floors, a full wall of original industrial windows allowing a lot of light inside the loft with custom shades for privacy*The beautiful kitchen has Bosch stainless steel appliances, modern fixtures and cabinetry with oversized granite countertops*spacious modern bathroom with stackable washer/dryer area*The Santee Village lofts HOA allows access to all the community amenities which include the fitness center, roof-top lounge area with BBQ, roof-top pool & spa, dog area, sitting area, roof-top sports court, secure building with 24 hour courtesy patrol with on-site manager too*This Historical former manufacturing building is a Mills Act approved building*Dedicated off-site parking at the Maple garage with a shuttle from the parking lot to the lofts that runs at night*Near the Flower-Mart, restaurants, clubs, Metro, LA Live and much more*Don’t miss out on this great opportunity to live in Downtown Los Angeles!

Listing Courtesy Of: Excellence Real Estate

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