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Updated about 10 years ago on . Most recent reply

User Stats

145
Posts
46
Votes
Robert Chuang
  • Realtor
  • Arcadia, CA
46
Votes |
145
Posts

LA HPOZ Flip

Robert Chuang
  • Realtor
  • Arcadia, CA
Posted

Hi Fellow BPers!

I am wondering if any flipper have dealt with a HPOZ (Historic Preservation Overlaying Zone) house before? If you do, have you experience any delay with your construction period because of the HPOZ process? And how much longer does it take than the typical flip? 

What about the cost of the flip? does it significantly increase because it needs hardwood window, paint, the door to be as close as the original?

Thanks!

  • Robert Chuang
  • Most Popular Reply

    Account Closed
    • Los Angeles, CA
    3
    Votes |
    18
    Posts
    Account Closed
    • Los Angeles, CA
    Replied

    A city's general plan, which may stipulate their concerns for historic preservation, differs from place to place. However the federal guidelines, "The Secretary of the Interior's Standard and Guidelines" hold for any "historic" property for which you may be trying to claim tax credits on. It's best to consult you State Historic Preservation Office as well as your local city council regarding your specific project.

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