NOT LISTED FOR SALE

940 E 2nd St Unit 4 Los Angeles, CA 90012

Downtown LA Neighborhood

Estimated Value: $871,097 - $1,757,000

2 Beds
2.5 Baths
1,332 Sq Ft
1.01 Acres

Last Sold October 14, 2012

Last sale price $585,000 $439 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $6,569/month

27 Days on Market

Highlights

  • Gated Parking
  • Wood Flooring
  • Home Office
  • City Lights View
  • Loft
  • Living Room

About This Home

As of October 2012

Final residences available in last release. 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: 05/18/2012

Co-Listed By

Wayne A. Willbur

Compass License #01716358

Last Buyer's Agent

Tregg Rustad

Rodeo Realty License #01349144

Rodeo Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2011

Lot Details

  • 1.01

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,332 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Dining Area
  • Home Office
  • Loft
  • City Lights Views
  • Laundry Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Powder Room
  • 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

Property Details

Home Type

Condominium

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: 1332
  • 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, Hood Fan, Microwave, Network Wire, Range/Oven
  • Price Per S Q F T: 439.19

Exterior Features

  • Balcony: YES
  • 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: 358.35

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
May 18, 2012
Closed on
Sep 27, 2012
Sold by
Cjuf Iii Barn Lofts Llc
Bought by
Farhidmehr Farnoosh
Seller's Agent
Jason Kitchens
VIP Premier Realty Corp
Buyer's Agent
Tregg Rustad
Rodeo Realty
List Price
$585,000
Sold Price
$585,000
Current Estimated Value
$1,126,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$541,024
Avg. Annual Appreciation
5.06%
Original Mortgage
$417,000
Outstanding Balance
$290,386
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$835,638
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Farhidmehr Farnoosh $585,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farhidmehr Farnoosh $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2012 10/14/12 Sold $585,000 0.0% $439 / Sq Ft
05/18/2012 05/18/12 For Sale $585,000 -- $439 / 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 $8,869 $720,374 $123,138 $597,236
2024 $8,869 $706,250 $120,724 $585,526
2023 $8,694 $692,403 $118,357 $574,046
2022 $8,290 $678,828 $116,037 $562,791
2021 $8,189 $665,518 $113,762 $551,756
2019 $7,946 $645,781 $110,389 $535,392
2018 $7,912 $633,120 $108,225 $524,895
2016 $7,581 $608,536 $104,023 $504,513
2015 $7,473 $599,396 $102,461 $496,935
2014 $7,492 $587,655 $100,454 $487,201
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jason Kitchens

    VIP Premier Realty Corp

    (310) 739-1713

    Jason Kitchens
    Section Image
  • Wayne A. Willbur

    Seller Co-Listing Agent in 2012

    Wayne A. Willbur

    Compass

    (310) 275-1000

    5 in this area

    7 Total Sales

    Wayne A. Willbur
    Section Image
  • Tregg Rustad

    Buyer's Agent in 2012

    Tregg Rustad

    Rodeo Realty

    (310) 428-3356

    1 in this area

    167 Total Sales

    Tregg Rustad
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 12-601343

The MLS

APN: 5163-006-054

California Los Angeles County Los Angeles 90012 Downtown LA

940 E 2nd St Unit 4, Los Angeles, CA

Not Listed for Sale

Condos

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.

The MLS © 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.

Nearby Homes