108 W 2nd Street 708, Los Angeles, California 90012, Los Angeles, 90012 - 1 bed, 1 bath

108 W 2nd Street 708, Los Angeles, California 90012 home-pic-0

108 W 2nd Street 708

Los Angeles, California 90012

ACTIVE
CONDITION: GOOD
1Beds
1Baths
910Sq Ft
19,159Lot Size

Property Price

LIST PRICE$468,000

SUMMARY

Analysis of 108 W 2nd Street 708, Los Angeles, California 90012 is currently available with a list price of $468,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

This historic Higgins Building loft is in good, move-in-ready condition. While the structure dates to 1910, the unit features a modern industrial conversion aesthetic with well-maintained concrete floors, soaring ceilings, and oversized windows. The kitchen and bathroom reflect the quality of a professional mid-2000s loft conversion, featuring functional appliances and stylish fixtures that do not require immediate renovation.

PROSSTRENGTHS & OPPORTUNITIES

  • Mills Act Tax Benefits

    The property's Mills Act designation provides significant property tax savings, offering a substantial financial advantage and increasing the long-term investment value of this historic loft.

  • Exceptional Natural Light and Views

    Positioned with southern exposure and oversized industrial windows, the unit is flooded with natural light and offers sweeping, unobstructed views of the Downtown Los Angeles skyline.

  • Versatile Live/Work Layout

    The open-concept floor plan with soaring ceilings and concrete floors provides a flexible 'Live/Work' environment, perfectly suited for creative professionals or those seeking a modern urban lifestyle.

CONSRISKS & DEFICIENCIES

  • High Monthly HOA Fees

    The association fee of $769.98 per month is relatively high for a one-bedroom unit, which may impact the debt-to-income ratio and overall monthly carrying costs for potential buyers.

  • Historic Building Limitations

    As a structure built in 1910, the property may have limitations regarding modern infrastructure upgrades and strict preservation guidelines that could restrict certain interior modifications.

About 108 W 2nd Street 708

Stylish Live/Work loft at the iconic Higgins Building, set in a quiet rear position with southern exposure, flooding the space with natural light and sweeping city views. This airy residence features soaring ceilings, concrete floors, oversized industrial windows, an open and flexible layout, and the convenience of an in-unit washer and dryer. Mills Act designation delivers substantial property tax savings, adding long-term value to this historic gem. Perfectly positioned in the heart of Downtown Los Angeles, just moments from Little Tokyo, the Historic Core, Gallery Row, Disney Concert Hall, The Broad, and Grand Central Market plus mere steps from the future MTA connector. The Higgins offers full-service living with doorman and security, a rooftop barbecue area ideal for entertaining, A rare opportunity to own character, light, and location in one of DTLA's most celebrated buildings.

Property Details

Public Facts

Property Type
Condominium
Year Built
1910
Lot Size
19,159 Sq. Ft.

Interior

Total Bedrooms
1
Total Bathrooms
1 (1 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$769.98 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds1.01.0
50%
Baths1.01.0
50%
Square foot9101,007
32%
Lot Size19,15964,671
32%
Price$468.0K$589.5K
24%
Price per sq ft$514$552
41%
Built year19101985
15%
HOA$769.98$771
50%
Days on market43190
9%

Pricing History

Listed for Sale

Mar 5, 2026

$468,000

$489,000

-4% Price Drop

Initial Listing

Price Change

Jan 22, 2026

$489,000

Initial Listing

Sold

Oct 18, 2010

$225,000

Public Record

Sold

Jun 11, 2010

$182,500

Public Record

Sold

Feb 17, 2006

$366,000

Public Record

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