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$549,000

Beds
Unknown
Baths
1.0
sq ft
730

108 W 2nd St Unit 915, Los Angeles, CA 90012

108 W 2nd St Unit 915

Los Angeles, CA 90012

  • 109 days on market
Stunning DTLA loft with high-rise views, historic architecture, and the convenience of living close to the new metro rail station. This is a premiere, North-facing 9th floor unit in The Higgins Building that is designated as a Historical Landmark under the Mills Act and provides the buyer with property tax savings. This prime elevation not only provides sweeping views of the cityscape but also ensures an elevated sense of privacy. Enjoy breathtaking views through the oversized windows that showcase the vibrant cityscape. The renovated kitchen features new stainless appliances including a washer/dryer combo unit. The bathroom has been upgraded with the added touch of luxury. The unit is equipped with a NEST home system to control the centralized HVAC system. The property is situated conveniently at the heart of one of downtown's most walkable locations with unparalleled access to vibrant cultural attractions, eclectic dining options in Little Tokyo/Arts District and Grand Central Market, boutique shopping, and dynamic entertainment venues. For those who are looking for easy opportunities to entertain, the building offers a fabulous rooftop deck and BBQ area, providing a perfect space for relaxation and hosting. All in all, the Higgins building offers a lifestyle that seamlessly blends sophistication with urban vibrancy.

Details

Property type

Condominium

Est. home value

$855,765

Property condition

Updated/Remodeled

Lot size

0.4398 acres

Price per sq ft

$753

Year built

1910

Monthly HOA fee

$673

Price History

09/06/2024
CRMLS

CRMLS #BB24183689

Listed
$549,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights, Sidewalks

High school district: 

Los Angeles Unified

Number of units in community: 

143

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

$180,985
Asking price
$549,000
Closing costs (~8% of asking)
-$43,920
Est. remaining loan balance
-$324,095
Cash to seller
$180,985

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

July 2020

Original loan amount

$432,000

Est. remaining balance

$324,095

Interest rate

2.62%

Loan type

New Conventional, 15 year

Seller

Diarmuid Mccoy

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: 12/24/2024 at 5:30 AM

Listing updated: 12/04/2024 at 8:40 PM

Listed by: Daniel Sanchez, Engel & Volkers Burbank Phone #: (818) 843-7100

MLS: CRMLS #BB24183689

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