108 W 2nd Street 708, Los Angeles, California 90012, Los Angeles, 90012 - 1 bed, 1 bath
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Los Angeles, California 90012
This Historic Live/Work Loft in the iconic Higgins Building is listed at $468,000, positioned near its $453,395 Fair Market Value. Boasting a Good Condition Rating, the residence features soaring ceilings, concrete floors, and Southern Exposure that floods the space with natural light and city views. The property’s Mills Act Tax Benefits offer substantial long-term savings, enhancing its appeal as a stable urban asset. Located steps from Little Tokyo and Grand Central Market, this turnkey home is an ideal match for creative professionals or Owner-Occupants seeking a sophisticated DTLA lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 108 W 2nd Street 708 Subject | $450,000* List Price | 1 | 1 | 910 | $495 | - |
A 800 W 1st Street 2801 Sold | $428,000 | 1 | 1 | 735 | $582 | 0.5 mi |
B 880 W 1st Street 802 Sold | $499,000 | 1 | 1 | 1,006 | $496 | 0.6 mi |
C 880 W 1st Street 604 Sold | $505,000 | 1 | 2 | 1,006 | $502 | 0.6 mi |
D 267 S San Pedro Street 621 Sold | $392,000 | 1 | 1 | 800 | $490 | 0.2 mi |
E 100 S Alameda Street 162 Sold | $342,300 | 1 | 1 | 735 | $466 | 0.5 mi |
F 121 S Hope Street 321 Sold | $365,000 | 1 | 1 | 793 | $460 | 0.5 mi |
G 108 W 2nd Street 410 Active | $460,888 List Price | 1 | 1 | 730 | $631 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
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.
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.
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.
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.
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.
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.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 910 | 1,006 | 42% |
| Lot Size | 19,159 | 64,671 | 39% |
| Price | $450.0K | $625.0K | 23% |
| Price per sq ft | $495 | $582 | 29% |
| Built year | 1910 | 2005 | 10% |
| HOA | $769.98 | $774 | 45% |
| Days on market | 90 | 230 | 19% |
Apr 19, 2026
$450,000
$468,000
-4% Price Drop
Initial Listing
Mar 5, 2026
$468,000
$489,000
-4% Price Drop
Initial Listing
Jan 22, 2026
$489,000
Initial Listing
Oct 18, 2010
$225,000
Public Record
Jun 11, 2010
$182,500
Public Record
Feb 17, 2006
$366,000
Public Record