108 W 2nd Street 711, Los Angeles, California 90012, Los Angeles, 90012 - bed, 1 bath

108 W 2nd Street 711
Los Angeles, California 90012
Property Price
SUMMARY
Analysis of 108 W 2nd Street 711, Los Angeles, California 90012 is currently available with a list price of $485,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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
Property is new construction or fully renovated.
This property is a high-end remodeled loft featuring premium marble-finished concrete floors and a modern kitchen with a large center island and sleek finishes. The interior has been extensively updated with contemporary features such as electric shades and custom storage solutions, effectively neutralizing the building's 1910 age. The unit meets current luxury standards with no visible deferred maintenance and high-quality fixtures throughout.
PROSSTRENGTHS & OPPORTUNITIES
- Mills Act Tax Benefits
The property is designated under the Mills Act, providing owners with substantial annual property tax savings that significantly lower the overall cost of ownership.
- Architectural Character & Views
Located in the iconic Beaux-Arts Higgins Building, this loft features soaring ceilings, oversized windows, and a west-facing exposure offering breathtaking city skyline views.
- Modernized Interior
The residence boasts a high-end remodel including marble-finished concrete floors, a contemporary kitchen with a large center island, and custom storage solutions.
CONSRISKS & DEFICIENCIES
- Leased Parking Only
Parking is not deeded or included in the sale; residents must lease spaces within the building or nearby structures, adding to monthly expenses and inconvenience.
- High Monthly HOA Fees
The association fee of approximately $719 per month is relatively high for a 750-square-foot unit, which may impact the budget of fee-sensitive buyers.
About 108 W 2nd Street 711
Remodeled live/work loft in the iconic Higgins Building featuring a desirable west-facing exposure with breathtaking city skyline views. This sophisticated residence showcases soaring ceilings, oversized windows, and marble-finished concrete floors that create a dramatic yet refined urban aesthetic. The open-concept layout is anchored by a modern kitchen with a large center island, abundant cabinetry, and sleek finishes ideal for both everyday living and entertaining. A beautifully designed bathroom, custom storage solutions, and electric shades add comfort and convenience throughout the space.Designated under the Mills Act, the property offers substantial annual property tax savings, making ownership significantly more affordable compared to similar Downtown residences. Residents enjoy full-service amenities including a secured entry, and a rooftop barbecue area with sweeping views. Parking is available for lease within the building and nearby structures.Originally completed in 1910 as one of Los Angeles' tallest commercial towers, the Higgins Building is a celebrated Beaux-Arts architectural landmark with both National and City historic designations. Converted to residential lofts in the early 2000s, the building thoughtfully preserves its historic character, from the grand marble corridors and mosaic tile floors to the ornate wrought-iron elevators and period detailing that reflect its storied past.Located in the vibrant Historic Core, the property is moments from Little Tokyo, the Arts District, Gallery Row, Grand Central Market, Walt Disney Concert Hall, The Broad Museum, and the Music Center, with convenient access to Metro stations and the upcoming transit connector. Across the street, the landscaped plaza and open green space provide a popular gathering spot for residents and pet owners alike.An exceptional opportunity to own a piece of Downtown Los Angeles history blending architectural significance, modern design, and meaningful tax advantages in one remarkable offering.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1910
- Lot Size
- 19,159 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $719.35 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | 1.0 | 6% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 750 | 1,007 | 21% |
| Lot Size | 19,159 | 64,671 | 32% |
| Price | $485.0K | $589.5K | 24% |
| Price per sq ft | $647 | $560 | 65% |
| Built year | 1910 | 1985 | 15% |
| HOA | $719.35 | $760 | 44% |
| Days on market | 10 | 191 | 3% |
Pricing History
Listed for Sale
Feb 24, 2026
$485,000
Initial Listing
Sold
Oct 21, 2024
$490,000
Public Record
Sold
Sep 30, 2022
$520,000
Public Record
Sold
Jan 25, 2022
$545,000
Public Record
Sold
Dec 14, 2016
$442,000
Public Record
Sold
Nov 17, 2011
$180,000
Public Record
Sold
Jun 9, 2006
$525,000
Public Record
Sold
Mar 7, 2005
$280,000
Public Record

























