108 W 2nd St Unit 514 Los Angeles, CA 90012
Downtown LA Neighborhood
--
Bed
1
Bath
760
Sq Ft
$510/mo
HOA Fee
Highlights
- Concierge
- Loft
- Elevator
- Park or Greenbelt View
- Sundeck
- 3-minute walk to City Hall Park Center
About This Home
As of October 2018Welcome 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.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,857
Year Built
- Built in 1910
HOA Fees
- $510 Monthly HOA Fees
Parking
- Off-Site Parking
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
- 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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,061
Avg. Annual Appreciation
-0.59%
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
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $525,000 | Chicago Title Company | |
| Grant Deed | $190,000 | Lawyers Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $310,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $130,000 | Commercial | |
| Previous Owner | $287,000 | Commercial | |
| Previous Owner | $287,000 | Commercial | |
| Previous Owner | $287,000 | Commercial | |
| Previous Owner | $287,000 | Commercial | |
| Previous Owner | $287,000 | Commercial | |
| Previous Owner | $248,000 | Commercial |
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
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
-
Andreas Ludwig
Buyer's Agent in 2018
Andreas Ludwig
Keller Williams Studio City
(213) 500-6984
19 in this area
32 Total Sales
-
Anh Tran
Seller's Agent in 2012
Anh Tran
Keller Williams Larchmont
(310) 430-1333
47 in this area
52 Total Sales
-
Gerry Moylan
Buyer's Agent in 2012
Gerry Moylan
Moylan Realty Group, Inc
(323) 528-9989
22 Total Sales
Map
Source: The MLS
MLS Number: 18-391592
APN: 5149-006-075
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