Seller's Agent in 2025
Greg Stangl
The Agency
(213) 327-5436
33 in this area
48 Total Sales
940 E 2nd St Unit 36 Los Angeles, CA 90012
Downtown LA Neighborhood
2
Beds
2.5
Baths
2,440
Sq Ft
$581/mo
HOA Fee
Highlights
- City Lights View
- Wood Flooring
- Den
- 1.01 Acre Lot
- Loft
- Breakfast Area or Nook
About This Home
As of May 2025Discover an incredible opportunity to own a New York-style live-work loft right here in Downtown Los Angeles. This swanky three-story unit is in the lively Arts District neighborhood and boasts the perfect blend of interior and exterior architectural accents, historic charm, and modern conveniences. Originally built in 1906 to store sugar beets and then reborn in 2011 into 38 Luxury live/work townhome style lofts, you won't want to miss this unique offering. 940 E. 2nd Street is one of the Art District's best-kept secrets, and unit #36 stands tall with 2440 sq feet and three unique levels of live, work, and entertainment space. Enter from the street level or garage and discover the perfect blend of concrete, exposed brick, and high ceilings to unleash your creativity and elevate your productivity. The space is flexible in design and encompasses a mezzanine level and outdoor patio. Three private parking spaces await nearby for convenience. The main level is where you will find an expansive modern kitchen and living room area where sleek design meets functionality. The open layout invites seamless flow, making it the perfect setting for entertaining guests. A large center island provides ample workspace and doubles as a casual gathering spot, while stylish cabinetry and a walk-in pantry offer plenty of storage for all your culinary essentials. The upper level is a spacious master bedroom retreat with a custom-built walk-in closet, dual sink reclaimed wood vanity, and an outdoor terrace. The perfect place to relax and unwind. Natural light seeps in at all levels and into the original brick walls, exposed steel beams, and vaulted ceilings through a combination of skylights, custom-made doors and windows, and operable clerestory windows. What was once an industrial zone and low-cost haven for practicing artists is now L.A.'s Arts District a trendy, burgeoning urban hub for creative professionals, professional creatives, and everyone else in between. These days, the neighborhood has become one of the most exciting places to dine in all of Los Angeles, and it's long been a great place to hang out on the weekends with the numerous breweries and cocktail bars. Daytime attractions include community coffee shops, designer and local boutiques, art galleries, the 6th Street Bridge, and so much more. Easy access to the freeway and public transportation.
Property Details
Home Type
- Condominium
Year Built
- Built in 1906
HOA Fees
- $581 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- 1 Open Parking Space
- 1 Carport Space
- Automatic Gate
- Assigned Parking
- Controlled Entrance
Property Views
- City Lights
- Trees
Home Design
- Entry on the 1st floor
Interior Spaces
- 2,440 Sq Ft Home
- 3-Story Property
- Living Room
- Dining Area
- Den
- Loft
- Utility Room
- Security Lights
Kitchen
- Breakfast Area or Nook
- Walk-In Pantry
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Concrete
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
Laundry
- Laundry in unit
- Dryer
- Washer
Outdoor Features
- Open Patio
Utilities
- Air Conditioning
- Central Heating
- Vented Exhaust Fan
Listing and Financial Details
- Assessor Parcel Number 5163-006-086
Community Details
Overview
- 38 Units
Pet Policy
- Pets Allowed
Security
- Card or Code Access
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
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/14/2025 05/14/25 | Sold | $1,629,000 | -11.9% | $668 / Sq Ft | |
| 05/02/2025 05/02/25 | Pending | -- | -- | -- | |
| 03/03/2025 03/03/25 | For Sale | $1,849,000 | +47.9% | $758 / Sq Ft | |
| 09/12/2012 09/12/12 | Sold | $1,250,000 | 0.0% | $556 / Sq Ft | View Prior Sale |
| 09/11/2012 09/11/12 | For Sale | $1,250,000 | -- | $556 / 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 | $18,682 | $1,539,275 | $307,852 | $1,231,423 |
| 2024 | $18,682 | $1,509,094 | $301,816 | $1,207,278 |
| 2023 | $18,314 | $1,479,505 | $295,899 | $1,183,606 |
| 2022 | $17,461 | $1,450,497 | $290,098 | $1,160,399 |
| 2021 | $17,248 | $1,422,057 | $284,410 | $1,137,647 |
| 2019 | $16,734 | $1,379,879 | $275,975 | $1,103,904 |
| 2018 | $16,686 | $1,352,823 | $270,564 | $1,082,259 |
| 2016 | $15,987 | $1,300,293 | $260,058 | $1,040,235 |
| 2015 | $15,756 | $1,280,762 | $256,152 | $1,024,610 |
| 2014 | $15,792 | $1,255,675 | $251,135 | $1,004,540 |
Source: Public Records
Agents Affiliated with this Home
-
Greg Stangl
-
Media Moussavy
Seller Co-Listing Agent in 2025
Media Moussavy
The Agency
(424) 230-3700
13 in this area
37 Total Sales
-
Angelica Vazquez Rios
A
Buyer's Agent in 2025
Angelica Vazquez Rios
LightHouse Homesource Inc.
(442) 255-4333
1 in this area
5 Total Sales
-
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: 25501607
APN: 5163-006-086
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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