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On The Market: The French Chateau in K-Town

Never mind that The French Chateau, a 10-unit building hitting the MLS next week, is located in Koreatown; if you drink enough wine, it'll eventually feel like Brittany. Built in 1937 and designated as a Los Angeles Historic Cultural Monument, the building, located at 900 S. Hobart Blvd., has always been used as a rental till being converted to condos this year. What you'll pay: $440,000 - $710,000 for units ranging from 1,000-2,000 square feet. Plus, we're told there's a Mills Act in the building, some sort of historic designation loophole that allows homeowners to save at tax time. More photos apres le jump.


· The French Chateau [Official Site]