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$515,000

Beds
1
Baths
1.0
sq ft
760

108 W 2nd St Unit 214, Los Angeles, CA 90012

108 W 2nd St Unit 214

Los Angeles, CA 90012

  • 9 days on market
Experience the epitome of urban living in this stunning character loft located at The Higgins Building, a historic Beaux-Arts masterpiece completed in 1910 by Thomas Higgins. Nestled in the heart of downtown Los Angeles, this iconic 10-story building—crafted by engineers and architects Albert C. Martin, Sr. and A.L. Haley—has been designated a historical monument, benefiting from the Mills Act for significant property tax savings. Upon entering the guarded lobby, step into open steel elevators that transport you back to the roaring 1920s. The loft features an expansive open floor plan with soaring ceilings, large original windows, and automated blinds that flood the space with natural light. Surrounded by lush trees, this loft enjoys enhanced privacy and shade, while offering a refreshing natural element that brings a serene touch to the urban environment. The loft seamlessly integrates living, dining, and entertaining areas. It is designed to maximize functionality, creating a versatile and inviting urban retreat. Additional features include an all-in-one combo washer and dryer, a NEST thermostat, and contemporary finishes. The Higgins Building offers residents an array of amenities, including a rooftop sun deck with panoramic views of the downtown skyline, an entertainment pavilion, BBQ facilities, and secure controlled access with front lobby attendants. Rich in character, the building showcases marble staircases, intricate wrought iron handrails, and vintage iron-caged elevators, all highlighting its historical charm. Conveniently located, this loft is steps away from LA's most iconic landmarks, such as the Walt Disney Concert Hall, The Broad Museum, the Arts District, and a variety of acclaimed restaurants and vibrant nightlife options. Embrace the unique blend of history, modern comfort, and natural beauty at The Higgins Building.

Details

Property type

Condominium

Est. home value

$486,579

Lot size

0.4398 acres

Price per sq ft

$678

Year built

1910

Monthly HOA fee

$679

Price History

01/13/2025
CRMLS

CRMLS #GD24252802

Listed
$515,000
+1.18%
12/11/2024
CRMLS

CRMLS #GD24206512

Removed
$509,000
10/07/2024
CRMLS

CRMLS #GD24206512

Listed
$509,000
+1.6%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights

High school district: 

Los Angeles Unified

Number of units in community: 

135

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$70,173
Asking price
$515,000
Closing costs (~8% of asking)
-$41,200
Est. remaining loan balance
-$403,627
Cash to seller
$70,173

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Castle & Cooke Mortgage Llc

Loan start date

April 2022

Original loan amount

$425,850

Est. remaining balance

$403,627

Interest rate

3.76%

Loan type

New Conventional, 30 year

Seller

Eva M Paronyan

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/21/2025 at 4:10 PM

Listing updated: 01/19/2025 at 2:59 PM

Listed by: Razmick Ohanian, Coldwell Banker Hallmark Phone #: (818) 476-3000

MLS: CRMLS #GD24252802

CRMLS logo

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