NOT LISTED FOR SALE

940 E 2nd St Unit 12 Los Angeles, CA 90012

Downtown LA Neighborhood

Estimated Value: $939,000 - $1,701,000

2 Beds
3 Baths
1,300 Sq Ft
1.01 Acres Lot

Sale Details

Date Sold: August 14, 2015

Last sale price $835,000 $642 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $7,265 / mo

Highlights

  • Gated Community
  • 43,803 Sq Ft lot
  • Loft
  • City Lights View
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of July 2020

Arts District at its best! Truly rare 3-level open floor plan townhome-style architectural work-live condo for lease at the one-and-only 940 E. 2nd St (aka Barn Lofts). Exposed brick walls, 2 bedrooms, 2.5 baths, vaulted ceilings, sky lights, clerestory windows, balcony off the master bedroom, European designed kitchen, Caesar stone counter tops, stainless steel appliances, Waterworks bath & sink fixtures. Street level room has concrete flrs - ideal for office/studio/guest room, etc. Upper levels have wide plank oak wood flooring & wool carpeting. Walk-in closets & en suite baths. Assigned parking space in secure garage is located directly outside your front door. Guest parking also available. Amazing Walk-Score is 98 and Transit Score is 89. So close to Hauser & Wirth Gallery & some many restaurants including Manuela, Wurstkuche, Cafe Gratitude, etc. This area is exploding with new creative businesses and tech companies, etc. This unique property is truly rare!

Last Agent to Rent the Property

Neil McDermott

Hilton & Hyland License #01385176 Listed on: 04/23/2020

Hilton & Hyland

Last Renter's Agent

Neil McDermott

Hilton & Hyland License #01385176 Listed on: 04/23/2020

Hilton & Hyland

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1906

Lot Details

  • 1.01

Interior Spaces

  • 1,300 Sq Ft Home
  • Living Room
  • Dining Area
  • Loft
  • City Lights Views

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Car Direct Access Garage
  • Guest Parking
  • Controlled Entrance

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $4,500
  • Tenant pays for electricity, gas, move in fee
  • 12 Month Lease Term
  • Assessor Parcel Number 5163-006-062

Community Details

Pet Policy

  • Pets Allowed

Security

  • Controlled Access
  • Gated Community

Condo Details

Home Type

Condominium

Year Built

Built in 1906

Lot Details

1.01 Acres

Rental Info

  • Security Deposit: 4500
  • Tenant Pays: Electricity, Gas, Move In Fee

Listing Details

  • Property Type: Residential Lease
  • Style: Architectural
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 1300
  • Year Built: 1906
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Flooring: Carpet, Cement, Hardwood
  • Bedrooms: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Refrigerator, Washer
  • Price Per S Q F T: 2.96

Exterior Features

  • Pool: No
  • View: City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned, Community Garage, Controlled Entrance, Covered Parking, Direct Entrance, Garage - 1 Car, Parking for Guests
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Amenities: Assoc Pet Rules, Controlled Access, Gated Community, Guest Parking
  • Pet Rules: Yes

Lot Info

  • Assessor Parcel Number: 5163-006-062
  • Geocode Override: No
  • Lot Size Area: 43803

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2019
Sold by
Bought by
Current Estimated Value
$1,159,678

Purchase Details

Listed on
Jul 8, 2015
Closed on
Jul 24, 2015
Sold by
Bought by
Seller's Agent
Anh Tran
Keller Williams Larchmont
Buyer's Agent
Neil McDermott
Hilton & Hyland
List Price
$849,000
Sold Price
$835,000
Premium/Discount to List
-$14,000
-1.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.07%

Purchase Details

Closed on
Nov 23, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
4.06%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$835,000 First American Title
$510,000 First American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $408,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2020 07/31/20 Rented $3,850 0.0% --
06/04/2020 06/04/20 Off Market $3,850 -- --
05/19/2020 05/19/20 Price Changed $3,850 -2.5% $3 / Sq Ft
04/23/2020 04/23/20 For Rent $3,950 0.0% --
08/14/2015 08/14/15 Sold $835,000 -1.6% $642 / Sq Ft View Prior Sale
07/20/2015 07/20/15 Pending -- -- --
07/08/2015 07/08/15 For Sale $849,000 0.0% $653 / Sq Ft
07/21/2014 07/21/14 Rented $3,500 0.0% --
06/16/2014 06/16/14 Under Contract -- -- --
05/19/2014 05/19/14 For Rent $3,500 -- --
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,151 $988,465 $295,947 $692,518
2024 $12,019 $969,085 $290,145 $678,940
2023 $11,782 $950,084 $284,456 $665,628
2022 $11,231 $931,456 $278,879 $652,577
2021 $11,096 $913,193 $273,411 $639,782
2020 $11,208 $903,830 $270,608 $633,222
2019 $10,765 $886,108 $265,302 $620,806
2018 $10,727 $868,734 $260,100 $608,634
2016 $10,277 $835,000 $250,000 $585,000
2015 $6,678 $533,001 $159,900 $373,101
2014 $6,695 $522,561 $156,768 $365,793
Source: Public Records

Agents Affiliated with this Home

  • Neil McDermott

    Landlord's Agent in 2020

    Neil McDermott

    Hilton & Hyland

    (310) 880-2315

    2 in this area

    16 Total Sales

    Neil McDermott
    Section Image
  • Anh Tran

    Seller's Agent in 2015

    Anh Tran

    Keller Williams Larchmont

    (310) 430-1333

    42 in this area

    45 Total Sales

    Anh Tran
    Section Image
  • Randelle Green

    Buyer's Agent in 2014

    Randelle Green

    Green Mile Properties Inc.

    (213) 254-7626

    2 in this area

    20 Total Sales

    Randelle Green
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 20-573076

The MLS

APN: 5163-006-062

California Los Angeles County Los Angeles 90012 Downtown LA

940 E 2nd St Unit 12, Los Angeles, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.