108 W 2nd Street 309, Los Angeles, California 90012, Los Angeles, 90012 - 0 bed, 1 bath
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Los Angeles, California 90012
This Move-In Ready Historic Loft in the iconic Higgins Building is listed at $500,000, relative to a $428,090 Fair Market Value. The residence maintains an excellent Condition Rating of 2, featuring a high-end renovation with quartz countertops, shaker cabinetry, and polished concrete floors. Beyond the aesthetics, the property is covered under the Mills Act, providing owners with substantial annual property tax savings. With the rare convenience of in-unit laundry and access to a rooftop BBQ area, this home offers a refined urban sanctuary. It is perfectly suited for urban professionals or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 108 W 2nd Street 309 Subject | $500,000* List Price | 0 | 1 | 750 | $571 | - |
A 267 S San Pedro Street 621 Sold | $392,000 | 1 | 1 | 800 | $490 | 0.2 mi |
B 108 W 2nd Street 711 Active | $485,000 List Price | 0 | 1 | 750 | $647 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property is in excellent, move-in-ready condition following a high-quality modern renovation. The kitchen is fully updated with contemporary white shaker cabinetry, quartz countertops, a subway tile backsplash, and modern stainless steel appliances. The bathroom has been similarly renovated with stylish patterned floor tile, a modern vanity, and updated fixtures. Despite the 1910 construction of the Higgins Building, the unit features new or virtually new components, including an in-unit stacked washer/dryer and well-maintained industrial-style polished concrete flooring.
The property is located in the historic Higgins Building and is covered under the Mills Act, providing owners with significant property tax savings.
Boasting a high walkability factor, the unit is steps away from Little Tokyo, Grand Central Market, and major cultural museums and entertainment hubs.
Despite its historic 1910 construction, the condo includes the rare convenience of an in-unit washer and dryer along with access to a rooftop BBQ and dining area.
The monthly HOA fee of $720 is relatively high for a 750-square-foot unit, which may impact the monthly carry cost for budget-conscious buyers.
The listing specifies no view, which may be a drawback for buyers looking for the iconic city skyline or panoramic vistas often expected in downtown high-rises.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 1.0 | 6% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 750 | 1,006 | 29% |
| Lot Size | 19,159 | 64,671 | 39% |
| Price | $500.0K | $625.0K | 26% |
| Price per sq ft | $667 | $590 | 58% |
| Built year | 1910 | 2005 | 10% |
| HOA | $720.0 | $774 | 32% |
| Days on market | 14 | 230 | 3% |
Apr 8, 2026
$500,000
Initial Listing
Jun 28, 2018
$470,000
Public Record
Feb 14, 2005
$280,000
Public Record