What's so great about having property in a Mills Act building? Savings on property taxes. As you know, property taxes in Los Angeles are high. The Mills Act designation helps offset some of this tax burden. This could end up saving you thousands per year in taxes. The Mills Act only applies to select historic buildings.
Eckardt Building
Former warehouse in the Fashion District
Penthouse #1201
1760sf, 3 bed, 2 bath
Private patio, split level, Mills Act
$1.399MM
El Dorado Building
Former Historic Stowell Hotel
#305
1090sf, 2 bed, 2 bath
2 balconies, Mills Act
$749K
Eckardt Building
Former warehouse in the Fashion District
#203
880sf, 2 bed, 1 bath
Private patio, Mills Act
$519,995
Rowan Building
Former office building in the Historic Core
#617
830sf, 1 bed, 1 bath
Mills Act
$588K
Eckardt Building
Former warehouse in the Fashion District
#208
810sf, 1 bed, 1 bath
Skyline views, Mills Act
$429K
Biscuit Co. Lofts
Former warehouse in the Arts District
#402
617sf, 1 bed, 1 bath
Skyline views, Mills Act
$535K
Eastern Columbia Lofts
Former department store in the Arts District
#410, 1200sf, $749k
#707, 1130sf, $749k
#202, 1150sf, $749k
#1009, 1190sf, $899k
Mills Act
