108 W 2nd Street 803, Los Angeles, California 90012, Los Angeles, 90012 - bed, 1 bath
ACTIVE$437,900$790/sqft
108 W 2nd Street 803, Los Angeles, California 90012
0Bed
1Bath
790Sqft
19,159Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Historic Landmark Status: The Higgins Building is a registered Historical Landmark, offering unique character, a grand lobby, and a piece of Los Angeles history, appealing to buyers seeking distinctive properties.
Top Cons:
Substantial HOA Dues: The monthly association fee of $731.00 is relatively high for a 790 sqft unit, which could impact affordability and long-term ownership costs.
Compared to the nearby listings
Price:$437.9K vs avg $540.6K ($-102,736)31%
Size:790 sqft vs avg 1,050 sqft24%
Price/sqft:$554 vs avg $54852%
More Insights
Built in 1910 (116 years old).
Condition: Despite being built in 1910, this loft has undergone significant and recent renovations, making it move-in ready. The kitchen features new countertops, modern white shaker cabinets, and stainless steel appliances. The unit also benefits from new interior paint and central air/heat. While the bathroom's vanity and drop ceiling are not as modern as the kitchen, they are clean and functional. The concrete flooring is durable and fits the loft aesthetic. The overall condition reflects a well-maintained property with updated key components, aligning with a 'Good' score.
Year Built
1910
Close
-
List price
$438K
Original List price
$450K
Price/Sqft
$554
HOA
$731
Days on market
-
Sold On
-
MLS number
PW25262657
Home ConditionGood
Features
Excellent View: City Lights, Landmark, Neighborhood
Patio
ViewCity Lights,Landmark,Neighborhood
About this home
Wow! Wow! Wow! Enter the Building thru the Grand Lobby with that Old Historic Feel....What an opportunity to own a piece of Los Angeles History in the Higgins Building, The Higgins Lofts are a registered Historical Landmark, Live/Work in this Loft which has Many 11 foot Windows to enjoy the Beautiful Weather and Gorgeous Views from this Unit, This Open Floorplan Loft has Livingroom Area, Kitchen Area with New Countertops, Bedroom Area with 1 Full Bathroom/Shower, Closet Area off Bedroom, Central Air / Heat, New Interior Paint, Open Ceiling to give you that feels unit is larger, Each Floor has own Community Laundry Room, Rooftop Patio Area with BBQ and Dining Area to Enjoy the City Spectacular Views, Close to Little Tokyo, Grand Park, Grand Central Market, Fine Dining and Entertainment, Museums, City Hall, Freeways, Transit Centers and So Much More!!! Water, Trash, Sewage are paid thru HOA, HOA amenities to include 24/7 Door person...
J
Joe De La Torre
Listing Agent
Price History
Date
Event
Price
02/25/05
Sold
$290,500
Condition Rating
Good
Despite being built in 1910, this loft has undergone significant and recent renovations, making it move-in ready. The kitchen features new countertops, modern white shaker cabinets, and stainless steel appliances. The unit also benefits from new interior paint and central air/heat. While the bathroom's vanity and drop ceiling are not as modern as the kitchen, they are clean and functional. The concrete flooring is durable and fits the loft aesthetic. The overall condition reflects a well-maintained property with updated key components, aligning with a 'Good' score.
Pros & Cons
Pros
Historic Landmark Status: The Higgins Building is a registered Historical Landmark, offering unique character, a grand lobby, and a piece of Los Angeles history, appealing to buyers seeking distinctive properties.
Exceptional Downtown Location: Situated in a vibrant area, providing unparalleled access to cultural attractions, dining, entertainment, Grand Central Market, public transit, and major freeways.
Modern Loft Living with Updates: Features include a flexible live/work open floorplan, 11-foot windows for abundant natural light and views, new countertops, new interior paint, and central air/heat, blending historic charm with contemporary comfort.
Premium Building Amenities: Residents benefit from a 24/7 doorman for security and convenience, a spectacular rooftop patio with BBQ and dining areas offering city views, and HOA-covered water, trash, and sewage.
Panoramic City Views: The unit boasts gorgeous city lights, landmark, and neighborhood views from its numerous large windows, further enhanced by the spectacular vistas from the communal rooftop.
Cons
Substantial HOA Dues: The monthly association fee of $731.00 is relatively high for a 790 sqft unit, which could impact affordability and long-term ownership costs.
Lack of In-Unit Laundry: The presence of 'Community Laundry Room' on each floor indicates the absence of private laundry facilities within the unit, a potential inconvenience for many buyers.
Recent Price Adjustments: Multiple price reductions from the original list price suggest potential overpricing or challenges in attracting offers, which might raise buyer concerns about market value.