108 W 2nd Street 610, Los Angeles, California 90012, Los Angeles, 90012 - bed, 1 bath

108 W 2nd Street 610, Los Angeles, California 90012 home-pic-0
ACTIVE$428,000
108 W 2nd Street 610, Los Angeles, California 90012
0Bed
1Bath
650Sqft
19,159Lot
Year Built
1910
Close
-
List price
$428K
Original List price
$428K
Price/Sqft
$658
HOA
$730
Days on market
-
Sold On
-
MLS number
AR25110606
Home ConditionFair
Features
Excellent View: Courtyard
ViewCourtyard

About this home

We found 3 Cons,5 Pros. Rank: price - $428.0K(20th), sqft - 650(4th), beds - undefined(8th), baths - 1(44th).

Check out this awesome loft in the Higgins Building in Downtown LA! It’s a super chill spot with no street noise, perfect for those who want a quiet retreat in the city. The loft has a cool, open vibe with high ceilings, granite countertops, and tons of natural light from huge zinc-covered windows. You’ll love the industrial feel with the concrete floors and the building’s historic charm - constructed by Arthur L. Haley & A.C. Martin in 1910, and modernized in 2002. From the rooftop, it’s got a killer view of the downtown skyline. Have a drink and watch the sunset behind the city skyline, and see the city wake up at night! The nighttime city views are simply amazing!! Hang out on the rooftop & BBQ up there, and just soak in the city sights. Living here means you’re steps away from Little Tokyo, the Metro, Grand Park, Grand Central Market; with delicious dining options nearby. Entertainment, museums, concert halls, and public transportation are just minutes away. A piece of living history, the Higgins building exemplifies the burgeoning community of art, culture, and entertainment in downtown LA. The Higgins Lofts is a registered federal historic landmark. This building currently has a Mills Act Tax status, which means you’ll save big on property taxes. For pet lovers, there’s an unofficial dog park across the street, and the building is pet-friendly, with no size restrictions on dogs. Parking is available next door for an additional fee. Whether you’re into urban living or historic vibes, this place has you covered!

Price History

Date
Event
Price
02/25/11
Sold
$129,000
03/03/05
Sold
$230,000
Condition Rating
Fair

This loft, built in 1910 and modernized in 2002, reflects a renovation that is now over 20 years old. While the industrial aesthetic with concrete floors and exposed ductwork is consistent with the building's character, the kitchen is very basic, functioning more as a kitchenette with limited appliances (only a dishwasher visible) and no full range/oven. The bathroom, with its wood paneling and simple fixtures, appears clean and functional but shows signs of being outdated. The property is well-maintained and move-in ready, but the age of the renovation and the basic nature of key areas like the kitchen suggest it would benefit from minor updates to meet current quality and functional standards.
Pros & Cons

Pros

Mills Act Tax Savings: The property benefits from Mills Act status, offering significant property tax reductions, enhancing long-term affordability.
Prime Downtown Location: Strategically located in Downtown LA, providing immediate access to cultural landmarks, dining, entertainment, and public transportation.
Historic Architectural Character: Features a unique industrial loft aesthetic with high ceilings, concrete floors, and large zinc-covered windows within a federally recognized historic landmark building.
Rooftop Skyline Views & Amenities: Residents enjoy access to a communal rooftop offering panoramic downtown skyline views and BBQ facilities, ideal for entertaining.
Pet-Friendly & Quiet Urban Retreat: The building is pet-friendly with no size restrictions, and the unit offers a quiet living environment despite its central urban setting.

Cons

Substantial HOA Dues: The monthly association fee of $730 is relatively high for a 650 sqft unit, impacting overall ownership costs.
Parking Not Included: Parking is not included with the unit and requires an additional fee for a space next door, adding to recurring expenses.
Compact Living Space: At 650 sqft, the unit offers a compact living area, which may not suit all buyer preferences or needs for more expansive space.

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