Landlord's Agent in 2025
Ian Ferguson
Greenspan Realty
(818) 795-7724
21 Total Sales
940 E 2nd St Unit 35 Los Angeles, CA 90012
Downtown LA NeighborhoodEstimated Value: $1,633,000 - $2,350,000
2
Beds
2.5
Baths
2,440
Sq Ft
$767/Sq Ft
Est. Value
Highlights
- 24-Hour Security
- City Lights View
- Wood Flooring
- Gated Community
- 1.01 Acre Lot
- Loft
About This Home
As of September 2025Welcome to one of the premier loft offerings in Downtown LA at the iconic Barn Lofts, a spacious penthouse with 2 bedrooms, 3 bathrooms, and 2,440 sq ft of flexible live/work space in the heart of the vibrant Arts District.Originally built in 1906 and beautifully reimagined by Rockefeller Partners Architects, this historic warehouse conversion blends original character-exposed red brick, polished concrete and wide plank wood floors, and soaring ceilings with modern design and functionality. The open layout is perfectly suited for today's lifestyle: work from home, host guests, and create in your own private space across four levels. The third floor features an open-concept kitchen, dining, and living area, ideal for entertaining, complete with stainless steel appliances and quartz countertops. The top-level primary suite is a full-floor sanctuary with a soaking tub, large walk-in closet, and a private rooftop patio that sits high above neighboring units offering both incredible views and total privacy. Additional highlights include direct-entry garage access, an extra parking space in front of the unit, in-unit laundry, and coded access within a secure, well-maintained gated community. You're just steps away from the best the Arts District has to offer: brunch at Manuela, coffee at Verve or Blue Bottle, dinner at Bestia or Bavel, dessert at Salt & Straw, or a gallery visit at Hauser & Wirth. Stroll to local boutiques, breweries, and parksor hop on the Metro Gold Line for easy access across the city. Whether you're looking for a stylish home, a creative live/work space, or a dynamic investment in one of LA's most walkable and exciting neighborhoods this one delivers. Available both Furnished and Unfurnished.
Last Agent to Rent the Property
Greenspan Realty License #01983607 Listed on: 06/13/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1906
Lot Details
- 1.01 Acre Lot
- Gated Home
- Property is zoned LAM3
Interior Spaces
- 2,440 Sq Ft Home
- 3-Story Property
- Dining Room
- Den
- Loft
- City Lights Views
- Prewired Security
Kitchen
- Walk-In Pantry
- Oven or Range
- Microwave
- Dishwasher
Flooring
- Wood
- Concrete
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- Soaking Tub
Laundry
- Laundry closet
- Dryer
- Washer
Parking
- 2 Car Direct Access Garage
- Electric Vehicle Home Charger
- Automatic Gate
- Controlled Entrance
Additional Features
- Open Patio
- Forced Air Heating and Cooling System
Listing and Financial Details
- Security Deposit $7,000
- Tenant pays for move in fee, move out fee, electricity, gas, water
- 12 Month Lease Term
- Assessor Parcel Number 5163-006-085
Community Details
Overview
Security
- 24-Hour Security
- Card or Code Access
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 29, 2018
Sold by
Dong Hi Suk and Dong Sanju J
Bought by
Dong Hisuk and Dong Sanju
Current Estimated Value
Purchase Details
Listed on
Feb 8, 2018
Closed on
Mar 8, 2018
Sold by
Bentjen Todd A and Koelsch Christopher G
Bought by
Dong Hi Suk and Dong Fanju J
Seller's Agent
Noelle Hettlinger
Compass
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$1,649,000
Sold Price
$1,650,000
Premium/Discount to List
$1,000
0.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.65%
Original Mortgage
$1,320,000
Outstanding Balance
$1,131,669
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$740,605
Purchase Details
Closed on
Oct 18, 2012
Sold by
Bentjen Todd A and Koelsch Christopher G
Bought by
Bentjen Todd A and Koelsch Christopher G
Purchase Details
Listed on
May 16, 2012
Closed on
Jun 25, 2012
Sold by
Cjuf Iii Barn Lofts Llc
Bought by
Koelsch Christopher G and Bentjen Todd A
Seller's Agent
Jason Kitchens
VIP Premier Realty Corp
Buyer's Agent
Benjamin Lee
The Agency
List Price
$1,200,000
Sold Price
$1,200,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.35%
Original Mortgage
$900,000
Interest Rate
3%
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 |
|---|---|---|---|
| Dong Hisuk | -- | None Available | |
| Dong Hi Suk | $1,650,000 | Fidelity National Title Comp | |
| Bentjen Todd A | -- | None Available | |
| Koelsch Christopher G | $1,200,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dong Hi Suk | $1,320,000 | |
| Previous Owner | Koelsch Christopher G | $900,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/04/2025 09/04/25 | Rented | $7,000 | 0.0% | -- | |
| 08/02/2025 08/02/25 | Price Changed | $7,000 | -6.7% | $3 / Sq Ft | |
| 06/13/2025 06/13/25 | For Rent | $7,500 | 0.0% | -- | |
| 04/09/2018 04/09/18 | Sold | $1,650,000 | +0.1% | $673 / Sq Ft | View Prior Sale |
| 02/24/2018 02/24/18 | Pending | -- | -- | -- | |
| 02/08/2018 02/08/18 | For Sale | $1,649,000 | +37.4% | $672 / Sq Ft | |
| 07/02/2012 07/02/12 | Sold | $1,200,000 | 0.0% | $534 / Sq Ft | View Prior Sale |
| 05/16/2012 05/16/12 | For Sale | $1,200,000 | -- | $534 / Sq Ft |
Source: The MLS
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 | $22,660 | $1,877,413 | $967,152 | $910,261 |
| 2024 | $22,660 | $1,840,602 | $948,189 | $892,413 |
| 2023 | $22,212 | $1,804,513 | $929,598 | $874,915 |
| 2022 | $21,175 | $1,769,131 | $911,371 | $857,760 |
| 2021 | $20,919 | $1,734,443 | $893,501 | $840,942 |
| 2019 | $20,293 | $1,683,000 | $867,000 | $816,000 |
| 2018 | $16,039 | $1,298,708 | $519,483 | $779,225 |
| 2016 | $15,367 | $1,248,280 | $499,312 | $748,968 |
| 2015 | $15,145 | $1,229,530 | $491,812 | $737,718 |
| 2014 | $15,180 | $1,205,447 | $482,179 | $723,268 |
Source: Public Records
Agents Affiliated with this Home
-
Ian Ferguson
-
Noelle Hettlinger
Seller's Agent in 2018
Noelle Hettlinger
Compass
(310) 621-9800
50 Total Sales
-
Tracy Do
Seller Co-Listing Agent in 2018
Tracy Do
Coldwell Banker Realty
(323) 842-4001
9 in this area
797 Total Sales
-
S
Buyer's Agent in 2018
Subscriber Non
Non-Participant Office
-
Jason Kitchens
J
Seller's Agent in 2012
Jason Kitchens
VIP Premier Realty Corp
(310) 739-1713
-
Wayne A. Willbur
Seller Co-Listing Agent in 2012
Wayne A. Willbur
Compass
(310) 275-1000
5 in this area
7 Total Sales
Map
Source: The MLS
MLS Number: 25552437
APN: 5163-006-085
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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