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

108 W 2nd Street 711, Los Angeles, California 90012 home-pic-0

108 W 2nd Street 711

Los Angeles, California 90012

ACTIVE
CONDITION: EXCELLENT
0Beds
1Baths
750Sq Ft
19,159Lot Size

Property Price

LIST PRICE$485,000

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

Excellent
TeardownExcellent

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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds-1.0
6%
Baths1.01.0
50%
Square foot7501,007
21%
Lot Size19,15964,671
32%
Price$485.0K$589.5K
24%
Price per sq ft$647$560
65%
Built year19101985
15%
HOA$719.35$760
44%
Days on market10191
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

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