Property Detail

Description

Unmatched Mills Act Tax Savings & Timeless Spanish Charm in Oxford Square HPOZ! Centrally located near Koreatown and Downtown LA, this striking two-story Spanish-style residence has been thoughtfully restored and updated to blend original 1920s architectural character with modern luxury. A major feature of this property is its transferable Mills Act Historic Property certification, offering significant annual property tax savings. The sale encompasses two combined APNs (5082-016-042 & 5082-016-043) for a substantial 9,526 total sq ft lot (8,845 sq ft + 681 sq ft). The bright, spacious interior features 3 bedrooms and 2 bathrooms, highlighted by rich hardwood floors throughout the living areas and custom tile in the bathrooms. The upper level is dedicated to an owner's suite alongside a sizeable private office ideal for a 4th bedroom, nursery, or creative studio. Maintained and updated per Mills Act guidelines, recent capital improvements include a complete roof and gutter replacement, updated electrical main panel and service lines, new subflooring, a replaced main waterline, tankless water heater, ductless HVAC systems and more. Move right in and enjoy historic elegance with total peace of mind! Bonus / ADU Potential: Features a fully remodeled garage conversion / ADU built to code, complete with a new foundation, updated flooring, and a sleek new bathroom perfect for rental income, a guest house, or an independent home office. All appliances are included in sale without warranty