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New to Market: Mod Deco Loft at the Eastern Columbia Building

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If you care naught for window woes and have a soft spot for Art Deco opulence, then check out this new listing at the Eastern Columbia. Sold two years ago for just over $600K, this lower story space is now going for $598,000. Thanks to the Mill Act, an economic incentive meant to foster the preservation of residential neighborhoods and the revitalization of downtown commercial districts, buyers are eligible for greatly reduced property taxes. Lower taxes? Sorry, what? We were too distracted by that bilious green sitting room. From the listing: “Wonderful quiet west facing loft featuring newer windows & a viewing balcony! The upgraded unit also offers epoxy sealed & tinted concrete floors, high ceilings, offset bedroom area, mosaic tiled bath, stainless steel kitchen with an added pantry and in unit washer/dryer. There are great city views from the unit plus an amazing resort style roof top pool, spa, fireplace and fitness center.”--Haily Zaki
· 849 S BROADWAY #710 [Redfin]
· More Window Woes At Downtown's Eastern Columbia [Curbed LA]