NOT LISTED FOR SALE

108 W 2nd St Unit 403 Los Angeles, CA 90012

Downtown LA Neighborhood

Estimated Value: $466,270 - $653,000

-- Bed
1 Bath
790 Sq Ft
0.44 Acres

Last Sold July 22, 2016

Last sale price $427,000 $541 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,187/month

64 Days on Market

Highlights

  • 24-Hour Security
  • Central Heating
  • 3-minute walk to City Hall Park Center
  • City View
  • Laundry Facilities

About This Home

As of July 2016

Beautiful Downtown LA condo in the historic Higgins Building! This loft offers classic Beux-Arts architecture with great views of 2nd St, overlooking the Vibiana courtyard in the Historic Core District. The building also host the world class Edison Lounge which sits in the basement of the building and also offers great Downtown LA skyline views from the rooftop common area. The condo is in move in conditions and is truly a piece of living history.

Last Agent to Sell the Property

Michael Hananel

Strategic Growth Real Estate License #01412068 Listed on: 02/17/2016

Last Buyer's Agent

Diane Koyounian

License #01919743

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,019

Year Built

  • Built in 1910

Lot Details

  • 0.44

Interior Spaces

  • 1 Full Bathroom
  • 790 Sq Ft Home
  • City Views

Utilities

  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 5149-006-049

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 135 Units
  • Laundry Facilities
  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,019

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Complex Name: Higgins Lofts
  • Entry Floor: 4
  • Living Area: 790
  • Planned Urban Dev: 0
  • Unit Floor In Building: 4
  • Year Built: 1910
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 1.00
  • Den: 0
  • Price Per S Q F T: 556.96

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: City
  • View: Yes

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: 24 Hour

Association/Amenities

  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 606.01

Lot Info

  • Assessor Parcel Number: 5149-006-049
  • Geocode Override: No
  • Lot Size Area: 19153

Multi Family

  • Number Of Units: 135

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2016
Closed on
Jun 28, 2016
Sold by
Weber Connor
Bought by
Cristovao Bianca Da Silva
Seller's Agent
Michael Hananel
Strategic Growth Real Estate
Buyer's Agent
Diane Koyounian
List Price
$440,000
Sold Price
$427,000
Premium/Discount to List
-$13,000
-2.95%
Total Days on Market
64
Current Estimated Value
$537,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,818
Avg. Annual Appreciation
2.64%

Purchase Details

Closed on
May 12, 2016
Sold by
Sgr Properties Llc
Bought by
Cristovao Bianca Da Silva

Purchase Details

Listed on
Jan 1, 2013
Closed on
Apr 4, 2013
Sold by
Erickson Marhsa J
Bought by
Sgr Properties Llc
Seller's Agent
Alexandra Tieu
Exclusive Listing
Buyer's Agent
Sylvia Ena
Keller Williams Los Angeles
List Price
$190,000
Sold Price
$190,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.91%

Purchase Details

Closed on
Mar 2, 2006
Sold by
Grant Jeffrey
Bought by
Ramirez Phillip and Erickson Marsha I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
7.12%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 11, 2005
Sold by
Ladt Llc
Bought by
Brown Traci

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,200
Interest Rate
5.62%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cristovao Bianca Da Silva -- Fidelity Sherman Oaks
Cristovao Bianca Da Silva $427,000 Fidelity National Title Co
Sgr Properties Llc $190,000 Lawyers Title Company
Ramirez Phillip $520,000 Fidelity Van Nuys
Brown Traci $256,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sgr Properties Llc $637,000
Previous Owner Ramirez Phillip $416,000
Previous Owner Brown Traci $205,200
Closed Brown Traci $51,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2016 07/22/16 Sold $427,000 -3.0% $541 / Sq Ft
04/21/2016 04/21/16 Pending -- -- --
02/17/2016 02/17/16 For Sale $440,000 +131.6% $557 / Sq Ft
03/29/2013 03/29/13 Sold $190,000 0.0% $241 / Sq Ft
01/05/2013 01/05/13 Pending -- -- --
01/01/2013 01/01/13 For Sale $190,000 -- $241 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,019 $152,000 $30,400 $121,600
2023 $2,017 $152,000 $30,400 $121,600
2022 $1,961 $152,000 $30,400 $121,600
2021 $2,315 $182,000 $36,400 $145,600
2019 $2,109 $162,000 $32,400 $129,600
2018 $2,110 $162,000 $32,400 $129,600
2016 $1,314 $97,000 $19,400 $77,600
2015 $1,774 $97,000 $19,400 $77,600
2014 $1,346 $101,933 $20,400 $81,533
Source: Public Records

Agents Affiliated with this Home

  • Michael Hananel

    Seller's Agent in 2016

    Michael Hananel

    Strategic Growth Real Estate

    (213) 507-8512

    3 Total Sales

    Michael Hananel
    Section Image

  • D

    Buyer's Agent in 2016

    Diane Koyounian

  • R

    Buyer's Agent in 2016

    Rommy Shy

  • A

    Seller's Agent in 2013

    Alexandra Tieu

    Exclusive Listing

  • Sylvia Ena

    Buyer's Agent in 2013

    Sylvia Ena

    Keller Williams Los Angeles

    (626) 712-9134

    23 Total Sales

    Sylvia Ena
    Section Image
  • Saul Galvan

    Buyer Co-Listing Agent in 2013

    Saul Galvan

    Compass

    Section Image
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Map

Source: The MLS

MLS Number: 16-982583

The MLS

APN: 5149-006-049

California Los Angeles County Los Angeles 90012 Downtown LA

108 W 2nd St Unit 403, Los Angeles, CA

This home is located at 108 W 2nd St Unit 403, Los Angeles, CA 90012 since 17 February 2016 and is currently estimated at $537,818, approximately $680 per square foot. This property was built in 1910. 108 W 2nd St Unit 403 is a home located in Los Angeles County with nearby schools including Para Los Niños Charter Middle School, Sal Castro Middle School, and Ramón C. Cortines School of Visual and Performing Arts.

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