108 W 2nd Street 908, Los Angeles, California 90012, Los Angeles, 90012 - 1 bed, 1 bath

108 W 2nd Street 908, Los Angeles, California 90012 home-pic-0
ACTIVE$499,000
108 W 2nd Street 908, Los Angeles, California 90012
1Bed
1Bath
910Sqft
19,159Lot
Year Built
1910
Close
-
List price
$499K
Original List price
$569K
Price/Sqft
$548
HOA
$752
Days on market
-
Sold On
-
MLS number
25475773
Home ConditionExcellent
Features
Excellent View: City Lights, Courtyard
Deck
ViewCity Lights,Courtyard

About this home

We found 3 Cons,5 Pros. Rank: price - $499.0K(38th), sqft - 910(35th), beds - 1(38th), baths - 1(42th).

Beautifully renovated NY Style Industrial Loft at the historic Higgins Building. This bright, sun drenched, & open loft home includes has 914 SQFT of living space, 7 oversized industrial zinc plated windows, 11' ceilings, & polished concrete with mosaic & marble tiled floors. Indulge in the luxury of Italian white marble flooring, with classic, organic grain highlighting nature's beauty and timeless grandeur. This statement floor elevates the entire living space for the classic at heart. Rare loft layout with windows on both south & north sides of the living space. The unique '08' units have a premium of exclusivity with only 10 units (ideally from the 7th floor upward, limiting availability to just 4 units) in the entire building. This layout provides optimal living, with cross ventilation and dual-aspect views, capturing both the dramatic city skyline and serene interior courtyards which helps with quiet from city, panoramic views, and better air quality. Remodeled kitchen w/ custom cabinetry with tons of storage and quartz counter tops, & Stainless Steel appliances. Indulge in warm baths w/ city views from the remodeled bathroom complete w/ large windows showcasing views of the city, new vanity, tiled flooring, & in unit Washer/Dryer. Living/kitchen rooms showcase an elegant marble tile flooring, elevating the natural light and are easy to clean. Rooftop BBQ & dining area offer stunning skyline views. Steps from LAPD dog park, Little Tokyo, Grand Park, Grand Central Market, Blue Bottle Coffee, Redbird, Badmash, fine dining, entertainment, museums, concert halls, & public transportation. A piece of living history, the Higgins building exemplifies the burgeoning community of art, culture, and entertainment in downtown. *BONUS* The Higgins Lofts is a registered federal historic landmark with Mills Act Tax exemption status saving owners roughly 75% off of property taxes. Water, Trash, Sewage, & General Liability/Fire Insurance included with HOA Dues. Residents pay their own electricity + TV/Internet. Optional Parking available adjacent to building for $175/month. For urban dwellers committed to a healthy lifestyle, these 08' series sets a higher standard in city living, offering a unique combination of environmental comfort, wellness, and rare design aesthetics.

Price History

Date
Event
Price
09/12/25
Price Change
$499,000
01/02/25
Listing
$569,000
03/17/11
Sold
$255,000
Condition Rating
Excellent

This historic 1910 building houses a loft that has been 'beautifully renovated' with a 'remodeled kitchen' featuring custom cabinetry, quartz countertops, and stainless steel appliances, and a 'remodeled bathroom' with a new vanity and tiled flooring. The unit boasts high-quality Italian white marble flooring and polished concrete, along with modern light fixtures and in-unit laundry. The overall condition, materials, and recent updates, as described and visually confirmed, indicate a property that meets current quality standards with no visible deferred maintenance, aligning with an excellent rating despite the building's age.
Pros & Cons

Pros

Historic Landmark & Tax Benefits: The property is located in the historic Higgins Building, a federal historic landmark with Mills Act Tax exemption status, offering approximately 75% savings on property taxes.
Unique & Renovated Interior: Features a beautifully renovated NY Style Industrial Loft with 11' ceilings, polished concrete, Italian white marble flooring, oversized industrial windows, and remodeled kitchen and bathroom with high-end finishes.
Exclusive Dual-Aspect Layout & Views: Rare '08' unit layout with windows on both south and north sides, providing optimal cross-ventilation, dual-aspect views of the city skyline and serene courtyards, and access to a rooftop BBQ with stunning skyline views.
Prime Downtown Location: Situated in a vibrant downtown area, steps away from cultural attractions, fine dining, entertainment, parks, and public transportation, offering an urban lifestyle.
Comprehensive HOA Inclusions: HOA dues cover water, trash, sewage, and general liability/fire insurance, reducing additional monthly utility expenses for residents.

Cons

High Monthly HOA Dues: Despite inclusions, the $752/month HOA fee is relatively high for a 914 sqft unit, which could impact affordability and long-term costs.
Optional & Additional Parking Cost: Parking is not included with the unit and requires an additional monthly fee of $175 for an adjacent space, adding to the overall living expenses.
Absence of Central Air Conditioning: While cross-ventilation is highlighted, the property description does not mention a central air conditioning system, which could be a comfort concern during warmer months in Los Angeles.

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