Landmarking Your Home
The Monrovia Historical Preservation Group encourages all owners of vintage structures to consider applying for historic landmark designation. The process is very straightforward, and there is a financial incentive that could be very significant—depending on when you purchased and your tax basis (please consult a tax advisor for any specific tax impact). The combination of landmarking your home and entering into a Mills Act contract (these are two different steps) helps to ensure that your vintage structure will remain intact, and at the same time it can provide a financial incentive (the amount varies, depending on when you purchased your home) to help with maintenance and upkeep.
There are obligations and commitments associated with both landmarking and Mill’s Act contracts. You should be aware of the consequences before beginning the process. To help you to better understand the process and the implications, MOHPG has developed a Power Point presentation. This was first produced and presented at a Landmarking workshop hosted in conjunction with the City of Monrovia in 2006. The presentation has since been updated to reflect the current process for landmarking a home.
We encourage you to look through this information. Contact the Planning Department at the City of Monrovia to obtain the forms necessary to apply for landmarking or for entering into a Mills Act contract or to receive further information.
