NOT LISTED FOR SALE

Estimated Value: $832,000 - $1,476,000

2 Beds
2.5 Baths
1,285 Sq Ft
1.01 Acres

Last Sold October 02, 2012

Last sale price $620,000 $482 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $7,030/month

1 Day on Market

Highlights

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

About This Home

As of October 2012

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: 05/16/2012

Co-Listed By

Wayne A. Willbur

Compass License #01716358

Last Buyer's Agent

CAM LUU

License #01321788

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,370

Year Built

  • Built in 2011

Lot Details

  • 1.01

Interior Spaces

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

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2.5 Bathrooms

Parking

  • 1 Car Garage
  • Garage Door Opener
  • 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

Est. Annual Taxes

$9,370

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: 1285
  • 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, Hood Fan, Microwave, Network Wire, Range/Oven
  • Price Per S Q F T: 447.47

Exterior Features

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

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities: Controlled Access
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 353.35

Lot Info

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

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units: 38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2018
Sold by
Hsieh Cynthia Chia Chien
Bought by
Chan Joo H
Current Estimated Value
$1,146,888

Purchase Details

Listed on
May 16, 2012
Closed on
Sep 18, 2012
Sold by
Cjuf Iii Barn Lofts Llc
Bought by
Chan Joo Hong and Hsieh Cynthia Chia Chien
Seller's Agent
Jason Kitchens
VIP Premier Realty Corp
Buyer's Agent
CAM LUU
List Price
$575,000
Sold Price
$620,000
Premium/Discount to List
$45,000
7.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.27%
Original Mortgage
$417,000
Outstanding Balance
$290,328
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$772,091
Source: Public Records

Range of Values:

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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
Chan Joo H -- None Available
Chan Joo Hong $620,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Joo Hong $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2012 10/02/12 Sold $620,000 +7.8% $482 / Sq Ft
05/16/2012 05/16/12 For Sale $575,000 -- $447 / 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 $9,370 $763,475 $246,282 $517,193
2024 $9,370 $748,505 $241,453 $507,052
2023 $9,185 $733,829 $236,719 $497,110
2022 $8,757 $719,441 $232,078 $487,363
2021 $8,650 $705,335 $227,528 $477,807
2019 $8,394 $684,416 $220,780 $463,636
2018 $8,359 $670,997 $216,451 $454,546
2016 $8,009 $644,944 $208,047 $436,897
2015 $7,894 $635,257 $204,922 $430,335
2014 $7,914 $622,814 $200,908 $421,906
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-600745

The MLS

APN: 5163-006-083