108 W 2nd Street 701, Los Angeles, California 90012, Los Angeles, 90012 - bed, 1 bath
ACTIVE$519,000
108 W 2nd Street 701, Los Angeles, California 90012
0Bed
1Bath
800Sqft
19,159Lot
Year Built
1910
Close
-
List price
$519K
Original List price
$519K
Price/Sqft
$649
HOA
$731.64
Days on market
-
Sold On
-
MLS number
25582293
Home ConditionFair
Features
Good View: City Lights, Landmark
ViewCity Lights,Landmark
About this home
We found 3 Cons,5 Pros. Rank: price - $519.0K(46th), sqft - 800(23th), beds - undefined(8th), baths - 1(42th).
Price History
Date
Event
Price
08/21/25
Listing
$519,000
02/10/05
Sold
$330,000
Condition Rating
Fair
The property, located in a building built in 1910, shows signs of an older renovation, likely 15-30 years ago. While clean and functional, the kitchen features dated wood cabinetry and countertops, despite having stainless steel appliances. The bathroom is particularly outdated with a drop ceiling and a black and white checkered tile accent. The flooring throughout appears to be stained concrete or large tiles, showing some wear. The unit is well-maintained but requires cosmetic updates to meet current aesthetic standards.
Pros & Cons
Pros
Prime Downtown Los Angeles Location: Situated in the vibrant C42 Downtown L.A. area, offering unparalleled access to cultural attractions, dining, entertainment, and business centers.
Historic Architectural Character: Housed in a building constructed in 1910, the property likely boasts unique architectural details and a sense of history, appealing to buyers seeking distinctive urban living.
Desirable City Views: Features captivating city lights and landmark views, enhancing the living experience and property value in a dense urban environment.
Proven Value Appreciation: The property has demonstrated significant value growth since its last sale in 2005, indicating a strong investment potential in the Los Angeles market.
Low-Maintenance Condominium Living: As a condominium, it offers a convenient, low-maintenance lifestyle ideal for urban professionals or those seeking a lock-and-leave option.
Cons
Substantial Monthly Association Fees: The association fee of $731.64 per month is notably high for an 800 sqft unit, adding a significant recurring cost to ownership.
Compact Living Space: With 800 sqft, the unit offers limited living space, which may not suit buyers requiring more room or those planning for future expansion.
Potential for Older Infrastructure: As a 1910-built building, there's a possibility of older infrastructure (plumbing, electrical, HVAC) that may require future maintenance or upgrades, despite its historic charm.