108 W 2nd Street 309, Los Angeles, California 90012, Los Angeles, 90012 - bed, 1 bath
ACTIVE$515,000
108 W 2nd Street 309, Los Angeles, California 90012
0Bed
1Bath
750Sqft
19,159Lot
Year Built
1910
Close
-
List price
$515K
Original List price
$530K
Price/Sqft
$687
HOA
$720
Days on market
-
Sold On
-
MLS number
25505527
Home ConditionExcellent
Features
Good View: None
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $515.0K(46th), sqft - 750(15th), beds - undefined(8th), baths - 1(42th).
Stunning condo in downtown Los Angeles. Located in the Higgins building. Washer & Dryer in the unit. Building amenities include a rooftop BBQ & dining area. The unit is located in the Higgins Building which has been designated as a Historic-Cultural Monument and is covered under the Mills Act. Close to Little Tokyo, Grand Park, Grand Central, museums, dining and entertainment.
Price History
Date
Event
Price
06/28/18
Sold
$470,000
02/14/05
Sold
$280,000
Condition Rating
Excellent
Despite the 1910 build year, this condo has undergone a comprehensive and high-quality renovation. The kitchen features modern dark cabinetry, stainless steel appliances, and subway tile backsplash. The bathroom is equally updated with a contemporary vanity, vessel sink, and subway-tiled shower. Hardwood floors are in excellent condition throughout, and light fixtures are modern, indicating an extensive renovation within the last 5 years. The unit presents as virtually new inside, blending historic charm with modern amenities.
Pros & Cons
Pros
Historic Designation & Mills Act Benefits: The Higgins Building is a designated Historic-Cultural Monument and covered under the Mills Act, potentially offering significant property tax savings to the owner.
Prime Downtown Location: Situated in a vibrant part of Downtown Los Angeles, providing excellent walkability and proximity to Little Tokyo, Grand Park, Grand Central, museums, dining, and entertainment.
In-Unit Laundry: The convenience of a washer and dryer within the unit is a highly desirable feature for condo living, saving time and effort.
Building Amenities: Access to a rooftop BBQ and dining area enhances the lifestyle appeal, offering communal outdoor space for relaxation and entertaining.
Architectural Charm: Housed in a historic building from 1910, the unit likely boasts unique architectural details and a distinctive character not found in newer constructions.
Cons
High Monthly Association Fees: The $720.0 monthly association fee is substantial and significantly adds to the overall cost of ownership, potentially impacting affordability.
No Designated Views: The property explicitly states 'view: None,' which can be a drawback for buyers seeking scenic urban vistas or natural light from specific orientations.
Compact Square Footage: At 750 sqft, the unit offers limited living space, which may not appeal to buyers desiring more expansive accommodations or room for growth.