108 W 2nd Street 915, Los Angeles, California 90012, Los Angeles, 90012 - 1 bed, 1 bath
Loading property details...
Los Angeles, California 90012
This Exquisite Historic Loft is listed at $479,000, representing a premium Turnkey Condition residence in the Downtown Historic District. While the $417,427 Fair Market Value reflects local averages, the property offers exceptional long-term value through Mills Act Tax Savings of up to 70%. Boasting a Modern Upgraded Kitchen and a Condition Rating of 2, the unit features polished cement floors and stunning Landmark Views of City Hall. This move-in-ready sanctuary is perfectly suited for first-time buyers or work-from-home professionals seeking a sophisticated urban lifestyle with substantial financial incentives.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 108 W 2nd Street 915 Subject | $460,000* List Price | 1 | 1 | 730 | $564 | - |
A 267 S San Pedro Street 621 Sold | $392,000 | 1 | 1 | 800 | $490 | 0.2 mi |
B 100 S Alameda Street 162 Sold | $342,300 | 1 | 1 | 735 | $466 | 0.5 mi |
C 257 S Spring Street 3c Sold | $410,000 | 1 | 1 | 710 | $577 | 0.1 mi |
D 121 S Hope Street 321 Sold | $365,000 | 1 | 1 | 793 | $460 | 0.5 mi |
E 880 W 1st Street 802 Sold | $499,000 | 1 | 1 | 1,006 | $496 | 0.6 mi |
F 880 W 1st Street 604 Sold | $505,000 | 1 | 2 | 1,006 | $502 | 0.6 mi |
G 108 W 2nd Street 410 Active | $460,888 List Price | 1 | 1 | 730 | $631 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
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.
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.
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.
The kitchen features an oversized peninsula and stainless steel appliances, offering a contemporary and functional space that is rare in many historic lofts.
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.
As an open loft, the unit lacks a traditional partitioned bedroom, which may be a drawback for those prioritizing privacy or distinct living zones.
Built in 1910, the property may require more frequent attention to aging infrastructure or systems compared to modern residential developments.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 730 | 1,006 | 23% |
| Lot Size | 19,159 | 64,671 | 39% |
| Price | $460.0K | $625.0K | 23% |
| Price per sq ft | $630 | $590 | 58% |
| Built year | 1910 | 2005 | 10% |
| HOA | $713.99 | $774 | 29% |
| Days on market | 100 | 230 | 19% |
Apr 7, 2026
$460,000
$479,000
-4% Price Drop
Initial Listing
Jan 12, 2026
$479,000
Initial Listing
Sep 27, 2005
$535,000
Public Record
Apr 19, 2005
$422,500
Public Record
Mar 11, 2005
$315,000
Public Record