Why settle for a generic high-rise when you can own a landmark? This one-bedroom in the historic Lafayette is a rare "value-add" opportunity. The standout feature: a Mills Act contract that grants owners massive property tax savings, a significant hedge against inflation and a boost to your bottom line. While the interior is a blank slate awaiting restoration, the bones are irreplaceable. You get the security of controlled access, a fitness center,a game room, front desk concierge and a panoramic rooftop deck perfect for hosting events. Whether you're looking for a low-tax, a smart first purchase, or a creative renovation project, this is a strategic acquisition in a walkable coastal core. Ditch the inflated taxes and invest in Art Deco character. High ceilings, great light, and zero "cookie-cutter" energy.
Listing courtesy of Listing Agent: Victor Quiroz (Vic@LosAngelesMoves.com) from Listing Office: Coldwell Banker Envision.
Listing sold by Nancy Deprez from Vista Sotheby's Int'l Realty
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.