RENTED JUN 2, 2025

Estimated Value: $854,000 - $1,210,000

2 Beds
2.5 Baths
1,332 Sq Ft
1 Acres

Last Sold July 09, 2012

Last sale price $540,000 $405 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $5,693/month

1 Day on Market

Highlights

  • Gated Parking
  • Wood Flooring
  • Home Office
  • City Lights View
  • Loft
  • Living Room

About This Home

As of July 2012

Iconic 940 E. 2nd Street (aka "Barn Lofts") set the standard for elegant loft living in the Arts District. The unique design of this town home-style loft on 3 floors set a standard that has yet to be matched. Originally built in 1906 as a sugar beet railroad warehouse, 940 was re-imagined by award-winning architect Rocky Rockefeller and was transformed into stunning, light-filled lofts combining the best of the rustic, industrial feel of the red brick building with streamlined European styling. This loft comes with 2 bedrooms/2.5 baths and among its many features are: parking at the front door inside a secure parking lot perfect for security and/or privacy-minded owners; private outdoor patio off the ground floor and off the master bedroom on the 3rd floor; custom bathroom cabinetry crafted from the original wood from the 1906 building.

Last Agent to Sell the Property

Jason Kitchens

VIP Premier Realty Corp License #01848271 Listed on: 05/20/2012

Co-Listed By

Wayne A. Willbur

Compass License #01716358

Last Buyer's Agent

Tony Tyre

T&S Brokers, Inc. License #01883979

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2011

Lot Details

  • 1

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,332 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Dining Area
  • Home Office
  • Loft
  • City Lights Views
  • Laundry Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Powder Room
  • 2.5 Bathrooms

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Gated Parking
  • Parking Garage Space

Additional Features

  • Open Patio
  • Gated Home
  • Central Heating and Cooling System

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 38 Units
  • Controlled Access

Property Details

Home Type

Condominium

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Complex Name: 940 E 2ND
  • Entry Floor: 1
  • Living Area: 1332
  • Planned Urban Dev: 0
  • Stories: 3
  • Year Built: 2011
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Cement, Hardwood
  • Bedrooms: 2
  • Laundry: Inside
  • Total Bathrooms: 2.50
  • Equipment: Dishwasher, Garbage Disposal, Hood Fan, Microwave, Network Wire, Range/Oven
  • Price Per S Q F T: 405.41

Exterior Features

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

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Community Garage, Door Opener, Gated
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Amenities: Controlled Access
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 358.35

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: UNAVAILABLE

Multi Family

  • Number Of Units: 38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2012
Closed on
Jun 30, 2012
Sold by
Cjuf Iii Barn Lofts Llc
Bought by
Natavio Melissa
Seller's Agent
Jason Kitchens
VIP Premier Realty Corp
Buyer's Agent
Tony Tyre
T&S Brokers, Inc.
List Price
$540,000
Sold Price
$540,000
Current Estimated Value
$959,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$419,990
Avg. Annual Appreciation
4.35%
Original Mortgage
$432,000
Outstanding Balance
$299,190
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$660,800
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Natavio Melissa $540,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Natavio Melissa $432,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2025 06/02/25 Rented $4,345 -3.4% --
04/14/2025 04/14/25 For Rent $4,500 0.0% --
07/09/2012 07/09/12 Sold $540,000 0.0% $405 / Sq Ft
05/20/2012 05/20/12 For Sale $540,000 -- $405 / 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 $8,133 $664,956 $270,907 $394,049
2024 $8,133 $651,919 $265,596 $386,323
2023 $7,971 $639,138 $260,389 $378,749
2022 $7,600 $626,607 $255,284 $371,323
2021 $7,505 $614,322 $250,279 $364,043
2020 $7,577 $608,024 $247,713 $360,311
2019 $7,281 $596,103 $242,856 $353,247
2018 $7,246 $584,416 $238,095 $346,321
2016 $6,939 $561,724 $228,850 $332,874
2015 $6,839 $553,287 $225,413 $327,874
2014 $6,855 $542,450 $220,998 $321,452
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-601571

The MLS

APN: 5163-006-072