NOT LISTED FOR SALE

108 W 2nd St Unit 514 Los Angeles, CA 90012

Downtown LA Neighborhood

Estimated Value: $449,167 - $516,000

-- Bed
1 Bath
760 Sq Ft
$510/mo HOA Fee

Last Sold October 25, 2018

Last sale price $525,000 $691 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $3,282/month

12 Days on Market

Highlights

  • Concierge
  • Loft
  • Elevator
  • Park or Greenbelt View
  • Sundeck
  • 3-minute walk to City Hall Park Center

About This Home

As of October 2018

Welcome to the Historic Higgins Lofts... A perfect blend of modernity in a historic setting, urban living at its best. Walking distance to Civic Center, Grand Park, Music Center, where you can enjoy free art performances at the park or a nice performance at the Opera, the theater or the Phil. Take a stroll to the great art institutions of the Broad and MOCA.... or enjoy a dinner at Grand Central Market. The loft features a great open floor plan, with big windows that shower the place with great lighting. L-Shape kitchen with stainless steel appliances. Great space to call home. And best of all, the building is a Mills Act recipient so your property tax savings are quite significant, between 50% to 70%. Easy to show won't last long.

Last Agent to Sell the Property

Roxanna Godinez

DPP License #01137955 Listed on: 09/27/2018

DPP

Last Buyer's Agent

Andreas Ludwig

Keller Williams Studio City License #02032222

Keller Williams Studio City

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,857

Year Built

  • Built in 1910

Lot Details

  • 0.44

HOA Fees

  • $510 Monthly HOA Fees

Parking

  • Off-Site Parking

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 1 Full Bathroom
  • 760 Sq Ft Home
  • Built-In Features
  • Loft
  • Park or Greenbelt Views
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Concrete
  • Ceramic Tile

Home Security

Utilities

  • Air Conditioning
  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5149-006-075

Community Details

Overview

  • 142 Units

Amenities

  • Concierge
  • Sundeck
  • Elevator

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,857

Year Built

Built in 1910

Lot Details

0

HOA Fees

$510 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Complex Name: Higgins Lofts / Higgins Homeowners Association
  • Entry Floor: 5
  • Living Area: 760
  • Planned Urban Dev: 0
  • Unit Floor In Building: 5
  • Year Built: 1910
  • Number Of Photos: 22
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Cement, Ceramic Tile
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Built-Ins, Cable, Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Price Per S Q F T: 690.79

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Green Belt
  • View: Yes

Garage/Parking

  • Parking Garage: Offsite

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Card/Code Access

Association/Amenities

  • Amenities: Assoc Pet Rules, Concierge, Controlled Access, Elevator, Sun Deck
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 509.58
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5149-006-075
  • Geocode Override: No
  • Lot Size Area: 19153

Multi Family

  • Number Of Units: 142

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2018
Closed on
Oct 10, 2018
Sold by
Chen Ying and Lichtman Andrew
Bought by
Lam Ha T
Seller's Agent
Roxanna Godinez
DPP
Buyer's Agent
Andreas Ludwig
Keller Williams Studio City
List Price
$525,000
Sold Price
$525,000
Current Estimated Value
$484,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,958
Avg. Annual Appreciation
0.91%

Purchase Details

Listed on
Jan 25, 2012
Closed on
Jun 22, 2012
Sold by
Lo Eddy
Bought by
Chen Ying and Lichtman Andrew
Seller's Agent
Anh Tran
Keller Williams Larchmont
Buyer's Agent
Gerry Moylan
Moylan Realty Group, Inc
List Price
$239,000
Sold Price
$190,000
Premium/Discount to List
-$49,000
-20.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.54%

Purchase Details

Closed on
Jun 24, 2011
Sold by
Lo Jonathan
Bought by
Lo Eddy

Purchase Details

Closed on
Feb 6, 2005
Sold by
Ladt Llc
Bought by
Lo Jonathan and Lo Eddy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
4.87%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Lam Ha T $525,000 Chicago Title Company
Chen Ying $190,000 Lawyers Title
Lo Eddy -- None Available
Lo Jonathan $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Ying $130,000
Previous Owner Lo Eddy $287,000
Previous Owner Lo Eddy $287,000
Previous Owner Lo Jonathan $287,000
Previous Owner Lo Jonathan $287,000
Previous Owner Lo Jonathan $287,000
Previous Owner Lo Jonathan $248,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2018 10/25/18 Sold $525,000 0.0% $691 / Sq Ft
10/09/2018 10/09/18 Pending -- -- --
09/27/2018 09/27/18 For Sale $525,000 +176.3% $691 / Sq Ft
07/13/2012 07/13/12 Sold $190,000 -20.5% $250 / Sq Ft
02/12/2012 02/12/12 Pending -- -- --
01/25/2012 01/25/12 For Sale $239,000 -- $314 / 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
2025 $1,857 $146,000 $29,200 $116,800
2024 $1,857 $146,000 $29,200 $116,800
2023 $1,855 $146,000 $29,200 $116,800
2022 $1,803 $146,000 $29,200 $116,800
2021 $2,145 $175,000 $35,000 $140,000
2019 $1,951 $525,000 $210,000 $315,000
2018 $1,937 $155,000 $31,000 $124,000
2016 $1,297 $103,000 $20,600 $82,400
2015 $1,614 $103,000 $20,600 $82,400
2014 $1,207 $103,000 $20,600 $82,400
Source: Public Records

Agents Affiliated with this Home

  • Roxanna Godinez

    Seller's Agent in 2018

    Roxanna Godinez

    DPP

    (213) 706-9016

    11 in this area

    19 Total Sales

    Roxanna Godinez
    Section Image
  • Andreas Ludwig

    Buyer's Agent in 2018

    Andreas Ludwig

    Keller Williams Studio City

    (213) 500-6984

    19 in this area

    32 Total Sales

    Andreas Ludwig
    Section Image
  • Anh Tran

    Seller's Agent in 2012

    Anh Tran

    Keller Williams Larchmont

    (310) 430-1333

    44 in this area

    48 Total Sales

    Anh Tran
    Section Image
  • Gerry Moylan

    Buyer's Agent in 2012

    Gerry Moylan

    Moylan Realty Group, Inc

    (323) 528-9989

    22 Total Sales

    Gerry Moylan
    Section Image
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Map

Source: The MLS

MLS Number: 18-391592

The MLS

APN: 5149-006-075

California Los Angeles County Los Angeles 90012 Downtown LA

108 W 2nd St Unit 514, Los Angeles, CA

This home is located at 108 W 2nd St Unit 514, Los Angeles, CA 90012 since 27 September 2018 and is currently estimated at $484,042, approximately $636 per square foot. This property was built in 1910. 108 W 2nd St Unit 514 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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