NOT LISTED FOR SALE

Estimated Value: $848,000 - $1,003,000

2 Beds
2.5 Baths
1,285 Sq Ft
$701/Sq Ft Est. Value

Last Sold April 04, 2012

Last sale price $565,000 $440 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $5,417/month

1 Day on Market

Highlights

  • Gated Parking
  • Wood Flooring
  • Living Room
  • City Lights View
  • Library
  • Open Patio

About This Home

As of April 2012

New floorplan released with dramatic vaulted ceilings and larger rooftop terrace great for entertaining. Historic architecture infused with sophisticated modern amenities. 940 E. 2ND ST - 38 Luxury live/work townhome lofts located in the heart of the Arts District of Downtown Los Angeles. 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: 02/08/2012

Co-Listed By

Wayne A. Willbur

Compass License #01716358

Last Buyer's Agent

Edward Sekona

Coldwell Banker License #01274527

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2011

Lot Details

  • 1.01

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,285 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Dining Area
  • Library
  • City Lights Views
  • Laundry Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 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

Townhouse Details

Home Type

Townhome

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Architectural
  • Street Number Display: Yes
  • Complex Name: 940 E 2nd St
  • Entry Floor: 1
  • Living Area: 1285
  • 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, Microwave, Range/Oven
  • Price Per S Q F T: 439.69

Exterior Features

  • Balcony: Yes
  • Exposure: West
  • 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: 333.62

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
Feb 8, 2012
Closed on
Mar 29, 2012
Sold by
Cjuf Iii Barn Lofts Llc
Bought by
Padilla Jose G
Seller's Agent
Jason Kitchens
VIP Premier Realty Corp
Buyer's Agent
Edward Sekona
Coldwell Banker
List Price
$565,000
Sold Price
$565,000
Current Estimated Value
$900,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,248
Avg. Annual Appreciation
3.43%
Original Mortgage
$452,000
Outstanding Balance
$309,899
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$590,349
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Padilla Jose G $565,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padilla Jose G $452,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2012 04/04/12 Sold $565,000 0.0% $440 / Sq Ft
02/08/2012 02/08/12 For Sale $565,000 -- $440 / 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 $8,851 $709,659 $282,606 $427,053
2024 $8,750 $695,745 $277,065 $418,680
2023 $8,577 $682,104 $271,633 $410,471
2022 $8,179 $668,730 $266,307 $402,423
2021 $8,078 $655,619 $261,086 $394,533
2020 $8,157 $648,897 $258,409 $390,488
2019 $7,839 $636,175 $253,343 $382,832
2018 $7,805 $623,702 $248,376 $375,326
2016 $7,479 $599,484 $238,732 $360,752
2015 $7,372 $590,481 $235,147 $355,334
2014 $7,391 $578,915 $230,541 $348,374
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-580729

The MLS

APN: 5163-006-080