$390,000
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.
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Listed by Victor Quiroz with Coldwell Banker Envision (213) 328-7230
Property Type
Condominium
Status
Active
MLS Number
26678369
Year Built
1928
Lot Size
0.77 acres