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940 E 2nd Street 1, Los Angeles, California 90012, Los Angeles, 90012 - 2 bed, 3 bath

940 E 2nd Street 1, Los Angeles, California 90012 home-pic-0
ACTIVE$2,250,000
940 E 2nd Street 1, Los Angeles, California 90012
2Beds
3Baths
2,566Sqft
43,803Lot
Year Built
2002
Close
-
List price
$2.25M
Original List price
$2.25M
Price/Sqft
$877
HOA
$685
Days on market
-
Sold On
-
MLS number
P1-20699
Home ConditionExcellent
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $2.25M(75th), sqft - 2566(75th), beds - 2(50th), baths - 3(50th).

LIVE THE EXCITEMENT OF THE ARTS DISTRICT - This luxurious 3-story townhouse loft must be seen. Remodeled by UnHeim, this stunning end unit offers over 2500 sq ft of living space. Light filled spaces, original brick walls, exposed steel and concrete beams, skylights, clerestory windows, and ample closets are just some of the architectural features in this incredible home. Currently being used as a creative space, the unit makes for a wonderful home or work environment. The large ground floor space which can be used as a bedroom, studio or office has a full bath, large closets, custom lighting and automated custom blinds. The loft-style mid-level floor hosts an entry area, living room, dining area, updated chef's kitchen, powder room and laundry room. The light filled top floor is dedicated to the primary bedroom suite which features an updated spacious bath, walk in closet and private patio. There is direct entry from your dedicated garage parking space and your assigned outdoor parking space on the ground floor. Welcome guests in more formal entry on the 2nd floor. Secure guest parking. 220 EV charging outlet. This safe, quiet, gated complex is next to acclaimed galleries, shops and restaurants, the Metro, a local dog park, Little Tokyo and USC. Enjoy the best of the live/work lifestyle in the historic Arts District with the warmth and feel of a traditional home. Photos incorporate the unit currently used as a creative space & photos from a previous resident as a residential space.

Price History

Date
Event
Price
09/16/21
Sold
$2,099,000
05/03/16
Sold
$1,675,000
02/12/13
Sold
$1,250,000
Condition Rating
Excellent
Despite being built in 2002, this property has undergone an extensive, high-quality renovation by UnHeim, as evidenced by the 'updated chef's kitchen' and 'updated spacious bath'. The images showcase a modern, sleek kitchen with stainless steel appliances, contemporary cabinetry, and stylish lighting. Bathrooms feature modern vanities, fixtures, and tiling, appearing virtually new. The overall aesthetic, including flooring and lighting, reflects current design standards and shows no signs of deferred maintenance. While the absence of central air conditioning is noted as a functional weakness, it does not detract from the excellent condition and recent updates of the property's existing components.
Pros & Cons

Pros

Prime Arts District Location: Situated in the vibrant Arts District, offering immediate access to acclaimed galleries, shops, restaurants, the Metro, a dog park, Little Tokyo, and USC, promoting an exciting urban lifestyle.
Unique Architectural Design: Professionally remodeled by UnHeim, this end unit boasts distinctive architectural features including original brick walls, exposed steel and concrete beams, skylights, and clerestory windows, creating light-filled and character-rich spaces.
Live/Work Versatility: Designed for a flexible lifestyle, the property can function as both a luxurious home and a creative workspace, with a large ground floor space adaptable as a bedroom, studio, or office.
Luxurious Primary Suite & Updated Interiors: Features an updated chef's kitchen and a dedicated top-floor primary bedroom suite with a spacious updated bath, walk-in closet, and a private patio, offering comfort and modern amenities.
Secure & Ample Parking: Includes direct entry from a dedicated garage parking space, an additional assigned outdoor parking space, secure guest parking, and a 220 EV charging outlet, providing convenience and security.

Cons

High Association Fees: The property carries a significant monthly association fee of $685.0, which adds to the overall cost of ownership.
Absence of Central Air Conditioning: The property description does not mention a central air conditioning system, which could be a notable drawback during warmer months in Los Angeles.
Multi-Level Living: As a 3-story townhouse loft, the layout involves multiple flights of stairs, which may not be suitable for all buyers, particularly those with mobility challenges or a preference for single-level living.

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