Friday, April 20, 2018

House of the week: 210 N. Norton in Windsor Square, in an HPOZ neighborhood

Yes, we all love mid-century modern architecture, but I'm a sucker for this kind of character design.  Before getting into the specs, why did I select this home? Because it's in an HPOZ, or historic protection overlay zone.  This, yes, preserves the historic architecture of many L.A. neighborhoods.  Owners can't make many changes to these homes without city approval.  Before you get all "too much government interference in our lives" on me, here's the benefit.  Many homes in these HPOZ neighborhoods qualify for Mills Act property tax exemptions -- yes you pay property tax, but not nearly what you'd ordinarily pay.  Nice, eh?  Anyway, this home features three bedrooms, three baths, almost 3000 sf of living space, and is on an 8000+ sf lot.  It has been splendidly maintained inside and is priced at $2,699,000.  A property tax cut on that assessed value would be quite welcome.

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