108 W 2nd Street 915, Los Angeles, California 90012, Los Angeles, 90012 - 1 bed, 1 bath

108 W 2nd Street 915, Los Angeles, California 90012 home-pic-0

108 W 2nd Street 915

Los Angeles, California 90012

ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
730Sq Ft
19,159Lot Size

Property Price

LIST PRICE$479,000

SUMMARY

Analysis of 108 W 2nd Street 915, Los Angeles, California 90012 is currently available with a list price of $479,000. 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 historic loft has been extensively renovated within the last 5 years, featuring a modern upgraded kitchen with blue shaker cabinetry, quartz countertops, and stainless steel appliances. The unit is move-in ready with high-quality finishes, including polished cement floors, updated bathroom fixtures, and well-maintained industrial-chic elements that meet current market standards.

PROSSTRENGTHS & OPPORTUNITIES

  • Mills Act Tax Savings

    The property benefits from the Mills Act, providing significant property tax savings of up to 70%, which is a major financial advantage for owners and investors.

  • Prime Historic Location

    Located in the heart of the Downtown Historic District, the loft offers exceptional walkability to Little Tokyo, the Music Center, and a variety of cultural galleries.

  • Modern Upgraded Kitchen

    The kitchen features an oversized peninsula and stainless steel appliances, offering a contemporary and functional space that is rare in many historic lofts.

CONSRISKS & DEFICIENCIES

  • High Association Fees

    The monthly HOA fee of $713.99 is relatively high for a 730-square-foot unit, which may affect the overall monthly budget for some buyers.

  • Lack of Bedroom Privacy

    As an open loft, the unit lacks a traditional partitioned bedroom, which may be a drawback for those prioritizing privacy or distinct living zones.

  • Historic Building Maintenance

    Built in 1910, the property may require more frequent attention to aging infrastructure or systems compared to modern residential developments.

About 108 W 2nd Street 915

Welcome to a sublime urban sanctuary nestled in the heart of Los Angeles' vibrant Downtown Historic District. This exquisite 1-bedroom, 1-bathroom loft (open loft) is tailor-made for those embarking on homeownership, work-from-home professionals, retirees seeking city life, and savvy investors, benefiting from one of the few buildings that enjoy the tax savings of the Mill's Act historic tax bill, savings are up to 70%. As you step into this U-shaped loft-style residence, you're greeted by a generous expanse of open and bright living space, accentuated by the gleaming cement floors that give the flat a sleek, modern feel. The vast historic double hung windows not only flood the space with natural light but also provide enchanting views of LA's storied landmarks, inviting the city's charm right into your home. Entertaining and culinary creativity come to life in the upgraded kitchen, where an oversized peninsula offers ample space for meal prep and casual dining. Stainless steel appliances add a touch of elegance and efficiency to your cooking endeavors, ensuring a delightful experience for both the home chef and guests. Location is everything, and this gem is within close distance to a host of urban delights. Immerse yourself in the local culture by exploring nearby galleries, indulge your taste buds in the foodie's paradise, enjoy performances at the music center, or stroll through the serene streets of Little Tokyo. It's more than a home; it's a lifestyle opportunity in one of LA's most sought-after neighborhoods.

Property Details

Public Facts

Property Type
Condominium
Year Built
1910
Lot Size
19,159 Sq. Ft.

Interior

Total Bedrooms
1
Total Bathrooms
1 (1 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$713.99 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds1.01.0
50%
Baths1.01.0
50%
Square foot7301,007
15%
Lot Size19,15964,671
32%
Price$479.0K$589.5K
24%
Price per sq ft$656$560
65%
Built year19101985
15%
HOA$713.99$760
41%
Days on market53191
9%

Pricing History

Listed for Sale

Jan 12, 2026

$479,000

Initial Listing

Sold

Sep 27, 2005

$535,000

Public Record

Sold

Apr 19, 2005

$422,500

Public Record

Sold

Mar 11, 2005

$315,000

Public Record

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