Seller's Agent in 2021
Affie Setoodeh
CENTURY 21 Affiliated
(949) 510-0740
1 in this area
89 Total Sales
940 E 2nd St Unit 24 Los Angeles, CA 90012
Downtown LA NeighborhoodEstimated Value: $998,000 - $1,250,000
2
Beds
2.5
Baths
1,320
Sq Ft
$403/mo
HOA Fee
Highlights
- Primary Bedroom Suite
- Gated Community
- 1.01 Acre Lot
- Felicitas and Gonzalo Mendez High Rated A-
- Updated Kitchen
- Open Floorplan
About This Home
As of November 2021Located in the heart of the burgeoning Downtown Arts District, the creative and cultural hub of Los Angeles, 940 East 2nd Street was built in 1906 as a sugar beet factory and updated by architect John Packinson (Grand Central Market, City Hall) in the 1920s, this residence was brought to life with an AIA award winning conversion by Rockefeller Partners in 2011. This stunning architectural loft showcases its beautiful lines, soaring ceilings and abundant light, details of exposed brick and industrial beams. Drive through an impressive gate and you arrive home in a secure garage with one reserved parking DIRECTLY OUTSIDE YOUR FRONT DOOR. Open floor plan, European designed kitchen features quartz counter tops, stainless steel appliances including refrigerator, dishwasher, microwave, and oven. Wood laminate flooring and custom bath vanities made from reclaimed wood, solar powered skylight blinds with remotes, and two outdoor spaces including an entry level patio and a balcony at the Master Suite with views. Stackable washer/dryer inside closet is included. Walking distance to all of your Arts District favorites, including Hauser + Wirth, Father's Office, Manuela, Go Get Em Tiger & Wurstkuche. This unique home is a rare opportunity at this price.
Last Agent to Sell the Property
CENTURY 21 Affiliated License #01390320 Listed on: 10/28/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $12,878
Year Built
- Built in 1906 | Remodeled
Lot Details
- 1.01
HOA Fees
- $403 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- 1 Carport Space
- Parking Available
- Automatic Gate
- Assigned Parking
- Controlled Entrance
- Community Parking Structure
Home Design
- Turnkey
Interior Spaces
- 1,320 Sq Ft Home
- Open Floorplan
- Brick Wall or Ceiling
- High Ceiling
- Track Lighting
- French Doors
- Great Room
- Family Room Off Kitchen
- Dining Room
- Neighborhood Views
Kitchen
- Updated Kitchen
- Open to Family Room
- Convection Oven
- Gas Cooktop
- Microwave
- Dishwasher
- Quartz Countertops
- Disposal
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms | 1 Main Level Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Remodeled Bathroom
- Bathtub
- Walk-in Shower
- Exhaust Fan In Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Outdoor Features
- Balcony
- Patio
- Exterior Lighting
- Front Porch
Utilities
- Central Heating and Cooling System
- Hot Water Heating System
- Central Water Heater
Additional Features
- Accessible Parking
- Two or More Common Walls
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 65978
- Assessor Parcel Number 5163006074
- $364 per year additional tax assessments
Community Details
Overview
- 50 Units
- 940 E 2Nd Street Owner's Association, Phone Number (661) 295-4900
- Property Management Professionals Llc HOA
Pet Policy
- Pets Allowed
Security
- Security Service
- Controlled Access
- Gated Community
- Carbon Monoxide Detectors
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 28, 2021
Closed on
Jan 4, 2022
Sold by
Donaldson Robert S and Donaldson Eryn M
Bought by
Robert S And Eryn M Donaldson Family Living T and Donaldson Eryn
Seller's Agent
Affie Setoodeh
CENTURY 21 Affiliated
Buyer's Agent
Affie Setoodeh
CENTURY 21 Affiliated
List Price
$1,050,000
Sold Price
$1,000,000
Premium/Discount to List
-$50,000
-4.76%
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
$98,968
Avg. Annual Appreciation
1.85%
Original Mortgage
$599,000
Interest Rate
2.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 28, 2021
Closed on
Nov 16, 2021
Sold by
Smith Christopher Scott
Bought by
Donaldson Robert S and Donaldson Eryn M
Seller's Agent
Affie Setoodeh
CENTURY 21 Affiliated
Buyer's Agent
Affie Setoodeh
CENTURY 21 Affiliated
List Price
$1,050,000
Sold Price
$1,000,000
Premium/Discount to List
-$50,000
-4.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,000
Interest Rate
2.5%
Mortgage Type
New Conventional
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Robert S And Eryn M Donaldson Family Living T | -- | First American Title Company O | |
| Donaldson Robert S | -- | First American Title Company O | |
| Donaldson Robert S | $1,000,000 | Lawyers Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Robert S And Eryn M Donaldson Family Living T | $599,000 | |
| Previous Owner | Smith Christopher Scott | $267,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/30/2021 11/30/21 | Sold | $1,000,000 | -4.8% | $758 / Sq Ft |
| 10/28/2021 10/28/21 | For Sale | $1,050,000 | +94.4% | $795 / Sq Ft |
| 05/17/2012 05/17/12 | Sold | $540,000 | 0.0% | $405 / Sq Ft |
| 02/10/2012 02/10/12 | For Sale | $540,000 | -- | $405 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $12,878 | $1,061,207 | $424,483 | $636,724 |
| 2024 | $12,878 | $1,040,400 | $416,160 | $624,240 |
| 2023 | $12,623 | $1,020,000 | $408,000 | $612,000 |
| 2022 | $12,034 | $1,000,000 | $400,000 | $600,000 |
| 2021 | $7,731 | $626,609 | $255,284 | $371,325 |
| 2019 | $7,503 | $608,025 | $247,713 | $360,312 |
| 2018 | $7,469 | $596,104 | $242,856 | $353,248 |
| 2016 | $7,157 | $572,959 | $233,427 | $339,532 |
| 2015 | $7,055 | $564,353 | $229,921 | $334,432 |
| 2014 | $7,073 | $553,299 | $225,418 | $327,881 |
Source: Public Records
Agents Affiliated with this Home
-
-
J
Seller's Agent in 2012
Jason Kitchens
VIP Premier Realty Corp
(310) 739-1713
-
Seller Co-Listing Agent in 2012
Wayne A. Willbur
Compass
(310) 275-1000
5 in this area
7 Total Sales
-
S
Buyer's Agent in 2012
Subscriber Non
Non-Participant Office
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC21237604
APN: 5163-006-074
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