$540,000
SOLD APR 13, 2012
2 Beds
2.5 Baths
1,332 Sq Ft
1 Acres

Recently Sold

$405 Per Sq Ft

1 Day on Market

Highlights

  • Gated Parking
  • City Lights View
  • Loft
  • Felicitas and Gonzalo Mendez High Rated A-
  • Wood Flooring
  • Home Office

About This Home

As of April 2014

940 E. 2ND ST - 38 Luxury live/work townhome lofts located in the heart of the Arts District of Downtown Los Angeles. Phase two release, phase one sold out! Historic architecture infused with sophisticated modern amenities. All 3-level townhome lofts are 2bd/2.5ba with open floor plans, patios & terraces. Light filled spaces with original brick walls, exposed steel beams, skylights, & clerestory windows. Impeccable finishes throughout - European designed kitchens, Waterworks baths, wide-plank hardwood flooring, wool carpeting on master level, & generous closets. Convenient assigned parking is located directly outside each front door. Luxury. Arts. Living.

Last Agent to Sell the Property

Jason Kitchens

VIP Premier Realty Corp License #01848271 Listed on: 03/17/2012

Co-Listed By

Wayne A. Willbur

Compass License #01716358

Last Buyer's Agent

Anh Tran

Keller Williams Larchmont License #01465571

Keller Williams Larchmont

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,102

Year Built

  • Built in 2011

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

Overview

  • 38 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,102

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
  • Unit Floor In Building: 1
  • Year Built: 2011
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Cement, Hardwood
  • Bedrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 2.50
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Hood Fan, Microwave, Network Wire, Range/Oven
  • Price Per S Q F T: 405.41

Exterior Features

  • 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

  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 338.67

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
Mar 4, 2014
Closed on
Mar 21, 2014
Sold by
Garber Cynthia L
Bought by
Chan Ivar and Tsai Cindy P
Seller's Agent
Anh Tran
Keller Williams Larchmont
Buyer's Agent
Austin Dong
List Price
$749,000
Sold Price
$742,500
Premium/Discount to List
-$6,500
-0.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.63%
Original Mortgage
$300,000
Outstanding Balance
$228,444
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$766,659

Purchase Details

Listed on
Mar 17, 2012
Closed on
Apr 11, 2012
Sold by
Cjuf Iii Barn Lofts Llc
Bought by
Garber Cynthia L
Seller's Agent
Jason Kitchens
VIP Premier Realty Corp
Buyer's Agent
Anh Tran
Keller Williams Larchmont
List Price
$540,000
Sold Price
$540,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.08%
Original Mortgage
$417,000
Interest Rate
3.86%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $742,500 Chicago Title Company
Grant Deed $540,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Previous Owner $417,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 For Sale $1,029,000 0.0% $780 / Sq Ft
05/05/2017 05/05/17 Rented $4,000 0.0% --
04/20/2017 04/20/17 For Rent $4,000 +14.3% --
08/14/2014 08/14/14 Rented $3,500 0.0% --
08/14/2014 08/14/14 For Rent $3,500 0.0% --
04/20/2014 04/20/14 Sold $742,500 -0.9% $563 / Sq Ft
03/15/2014 03/15/14 Pending -- -- --
03/04/2014 03/04/14 For Sale $749,000 +38.7% $567 / Sq Ft
04/13/2012 04/13/12 Sold $540,000 0.0% $405 / Sq Ft
03/17/2012 03/17/12 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
2024 $11,102 $892,348 $178,466 $713,882
2023 $10,882 $874,852 $174,967 $699,885
2022 $10,375 $857,699 $171,537 $686,162
2021 $10,249 $840,882 $168,174 $672,708
2019 $9,944 $815,943 $163,187 $652,756
2018 $9,907 $799,945 $159,988 $639,957
2016 $9,492 $768,883 $153,776 $615,107
2015 $9,355 $757,335 $151,467 $605,868
2014 $7,073 $553,299 $225,418 $327,881
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-588505

The MLS

APN: 5163-006-073