RENTED JUN 2, 2025

Estimated Value: $847,000 - $1,259,000

2 Beds
2.5 Baths
1,320 Sq Ft
$729/Sq Ft Est. Value

Sale Details

Date Sold: July 9, 2012

Last sale price $540,000 $409 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $5,743 / mo

Highlights

  • Automatic Gate
  • 43,803 Sq Ft lot
  • Wood Flooring
  • Gated Community
  • Contemporary Architecture
  • Loft

About This Home

As of June 2025

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 Rent the Property

Wayne A. Willbur

Compass License #01716358 Listed on: 04/14/2025

Compass

Last Renter's Agent

Brandon Buhr

PLG Estates License #01458815

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1906

Lot Details

  • 1.01 Acre Lot
  • West Facing Home
  • Gated Home
  • Sprinkler System
  • Historic Home

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,320 Sq Ft Home
  • Multi-Level Property
  • Skylights
  • Dining Area
  • Loft
  • Property Views

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Dryer

Home Security

Parking

  • 1 Car Attached Garage
  • Automatic Gate
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Air Conditioning
  • Central Heating
  • Central Water Heater
  • Sewer in Street

Listing and Financial Details

  • Security Deposit $4,500
  • Tenant pays for cable TV, electricity
  • 12 Month Lease Term
  • Assessor Parcel Number 5163-006-072

Community Details

Overview

  • 38 Units

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Security Service
  • Card or Code Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Year Built

Built in 1906

Lot Details

1.01 Acres

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Land Lease Purchase Yn: No
  • Security Deposit: 4500
  • Tenant Pays: Cable TV, Electricity

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Townhouse
  • Style: Contemporary
  • Single Family Or Apt: Condo/Apt
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Barn Lofts / 940 E. 2nd Street
  • Lease Terms: 1+Year
  • Living Area: 1320
  • Planned Urban Dev: 0
  • Year Built: 1906
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Cement, Hardwood
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Dryer, Ice Maker, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 3.41
  • Windows: Skylights

Exterior Features

  • Balcony: Yes
  • Direction Faces: West
  • Other Features: Balcony, Historical, Sprinkler System
  • Exposure: West
  • Pool: No
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned, Attached
  • Total Parking: 1

Utilities

  • Water Heater: Central Water Heater
  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Community, Fire and Smoke Detection System, Fire Sprinklers, Gated, Smoke Detector
  • Sewer: In Street
  • Water: In Street

Association/Amenities

  • Amenities: Gated Community, Gated Parking, Guest Parking
  • Pet Rules: Assoc Pet Rules, Call

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5163-006-072
  • Lot Size Area: 43803

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
$961,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$421,948
Avg. Annual Appreciation
4.28%
Original Mortgage
$432,000
Outstanding Balance
$299,190
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$662,758
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 Prior Sale
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 View Prior Sale
05/20/2012 05/20/12 For Sale $540,000 -- $405 / Sq Ft
Source: The MLS

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: 25525423

The MLS

APN: 5163-006-072

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