NOT LISTED FOR SALE

940 E 2nd St Unit 9 Los Angeles, CA 90012

Downtown LA Neighborhood

Estimated Value: $809,000 - $999,000

2 Beds
3 Baths
1,300 Sq Ft
1.01 Acres

Highlights

  • City Lights View
  • 1.01 Acre Lot
  • Walk-In Closet
  • Felicitas and Gonzalo Mendez High Rated A-
  • Wood Flooring
  • Living Room

About This Home

As of January 2024

940 East 2nd infuses historic architectural details with sophisticated modern interiors and high level finishes. This unique town home style loft features 2 bedrooms and 2 bathrooms occupying 3 levels of living space, wood flooring throughout, soaring vaulted ceiling, exposed brick walls, steel beams, skylights, patio and private terrace. Originally built in 1906 and entirely reimagined in 2011 this former beet warehouse retains its original character and charm. Bathed in natural light, unit 9's master suite offers a walk-in closet w/ organizers and its own private outdoor terrace. On the 1st level is a flexible space with bath, ideal for an office, bedroom or home gym. Located in the heart of the Arts District in DTLA, 940 E. 2nd enjoys close proximity to a new breed of unique dining and social experiences. Some utilities and 1 parking included.

Last Agent to Rent the Property

Agnes Ferreyra

Realty Source Incorporated License #01799633 Listed on: 01/14/2024

Last Renter's Agent

Agnes Ferreyra

Realty Source Incorporated License #01799633 Listed on: 01/14/2024

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,031

Year Built

  • Built in 1906

Lot Details

  • 1.01

Property Views

  • City Lights
  • Hills

Interior Spaces

  • 1,300 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Dining Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Covered Space
  • Covered Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System

Community Details

  • Controlled Access

Listing and Financial Details

  • Security Deposit $4,400
  • Tenant pays for electricity, cable TV, move in fee, gas
  • 12 Month Lease Term
  • Assessor Parcel Number 5163-006-059

Condo Details

Home Type

Condominium

Est. Annual Taxes

$8,031

Year Built

Built in 1906

Lot Details

0

Rental Info

  • Security Deposit: 4400
  • Tenant Pays: Electricity, Cable TV, Move In Fee, Gas

Listing Details

  • Property Type: Residential Lease
  • Style: Architectural
  • Single Family Or Apt: Condo/Apt
  • Levels: Three Or More
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 1300
  • Lot Acreage: 1.0056
  • Stories: 3
  • Year Built: 1906
  • Number Of Photos: 43
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Tile, Wood
  • Bedrooms: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 3.38

Exterior Features

  • Pool: No
  • View: Hills, City, City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Covered Parking, Assigned
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Controlled Access

Lot Info

  • Assessor Parcel Number: 5163-006-059
  • Lot Size Area: 43803

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2023
Sold by
Leeper Justin and Leeper Nanci
Bought by
Leeper Family Trust
Current Estimated Value
$884,943

Purchase Details

Closed on
Jan 31, 2017
Sold by
Leeper Nanci and Chung Nanci
Bought by
Leeper Justin and Leeper Nanci

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2012
Sold by
Cjuf Iii Barn Lofts Llc
Bought by
Chung Nanci

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.83%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Leeper Family Trust -- --
Leeper Justin -- First American Title Company
Chung Nanci $517,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leeper Justin $417,000
Previous Owner Chung Nanci $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2024 01/30/24 Rented $4,400 0.0% --
01/30/2024 01/30/24 Under Contract -- -- --
01/14/2024 01/14/24 For Rent $4,400 +10.0% --
01/20/2022 01/20/22 Rented $4,000 -4.8% --
01/19/2022 01/19/22 Under Contract -- -- --
01/03/2022 01/03/22 Price Changed $4,200 -1.2% $3 / Sq Ft
10/30/2021 10/30/21 Price Changed $4,250 -4.5% $3 / Sq Ft
10/27/2021 10/27/21 For Rent $4,450 +12.7% --
11/17/2020 11/17/20 Rented $3,950 0.0% --
10/21/2020 10/21/20 Price Changed $3,950 -6.0% $3 / Sq Ft
09/18/2020 09/18/20 For Rent $4,200 -- --
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 $8,031 $649,369 $257,485 $391,884
2024 $8,031 $636,637 $252,437 $384,200
2023 $7,872 $624,155 $247,488 $376,667
2022 $7,507 $611,918 $242,636 $369,282
2021 $7,415 $599,921 $237,879 $362,042
2019 $7,196 $582,128 $230,824 $351,304
2018 $7,162 $570,715 $226,299 $344,416
2016 $6,863 $548,555 $217,512 $331,043
2015 $6,765 $540,316 $214,245 $326,071
2014 $6,783 $529,733 $210,049 $319,684
Source: Public Records

Agents Affiliated with this Home

  • Agnes Ferreyra

    Landlord's Agent in 2024

    Agnes Ferreyra

    Realty Source Incorporated

    (213) 458-0787

    34 in this area

    54 Total Sales

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Map

Source: The MLS

MLS Number: 24-347311

The MLS

APN: 5163-006-059

California Los Angeles County Los Angeles 90012 Downtown LA

940 E 2nd St Unit 9, Los Angeles, CA

This home is located at 940 E 2nd St Unit 9, Los Angeles, CA 90012 since 14 January 2024 and is currently priced at $884,943. This property was built in 1906. 940 E 2nd St Unit 9 is a home located in Los Angeles County with nearby schools including Utah Street Elementary, Felicitas and Gonzalo Mendez High, and Theodore Roosevelt High School.

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