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108 West 2nd Street, 908, Los Angeles, CA 90012

$459K1bd · 1ba · 910 sqft
Lot 19,159 sqft•HOA $769.98/mo•Condominium•
Active
•170d on market•MLS# 00-26800621

Property Description

Welcome to an incredible opportunity to own a light-filled open loft in the heart of Downtown LA! This stylish flat is perfectly positioned for anyone eager to embrace the vibrant city lifestyle, and happy to roll up the sleeves and do a little light improving. With world-class galleries, acclaimed restaurants, and top entertainment venues just moments from your front door, it is a great mild fixer with upside potential. Step inside and be greeted by soaring ceilings, oversized windows, and an abundance of natural light that fills the versatile open layout. With one spacious bedroom area, the main open concept can be divided into a 2nd bedroom area or office/live-work space and a convenient full bath, this residence is ideal for creatives, professionals, or anyone seeking an inspiring urban retreat. The flexible floor plan is perfect for customizing to fit a unique style, a true light fixer with endless potential for you to add value and personal touches. History lovers and savvy investors alike will appreciate the building's coveted Mills Act approval, providing significant property tax savings while preserving historic charm. Enjoy peace of mind knowing you're investing in an "upside market" with strong potential for future appreciation. Whether you're searching for a chic personal residence, a pied-a-terre, or a promising investment, this centrally-located loft delivers. Live surrounded by LA's buzzing arts scene, stroll to nearby eateries, or catch a show after work this address places you at the epicenter of it all. Don't miss out on this rare DTLA opportunity. Schedule your tour today and discover the lifestyle that awaits you.

Features & Amenities

FeeBuilt 1910

Property Details

Land Type
Fee
Year Built
1910
Property Type
Residential
Property Subtype
Condominium
Heating
Central
Cooling
Central Air
View
City Lights, Landmark
City
Los Angeles
Zip Code
90012
County
Los Angeles
Listed byCompass, Roxanna Godinez

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,320.95
Principal & Interest
Loan Amount
$367,200
Total Interest
$468,343
Total Payment Over 30 Years
$835,543
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

108 West 2nd Street, 908, Los Angeles, CA 90012

Los Angeles · Condominium

$459K
Affordable Tier
Beds
1
Baths
1
Sqft
910
Lot
19,159 sqft
Year
1910
$/Sqft
$504
Pool: No✓
View: city✓

Listed 10.0% below the median closed sale of $510,000. Price per sqft ($504) is a 21% discount to closed comps ($635).

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $459K· $504/sqft
Total list price
Closed comps
vs closed median $510K
−$51K (−10.0%)
Active comps
vs active median $425K
+$34K (+8.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $734
−$230 (−31.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
3407 Huxley StreetLos Angeles19591162921,228$952$599,0001577
3734 Canfield AveLos Angeles19721162919,506$676$425,0004674
4401 Sepulveda BoulevardLos Angeles19881163018,390$595$375,0001674
6038 Carlton WayLos Angeles20071263020,154$833$525,0001673
904 New Hmapshire AvenueLos Angeles2024116310$616$389,000672
Total: 5 · Average1.01.2629.819,819.5$734.4$462,60019.8
Median630$425,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
118 Astronaut Ellison S Onizuka StreetLos Angeles202510/02/20261180718,029$550,000$510,000$6320.9316384
533 St Andrews PlaceLos Angeles198710/09/20261182433,844$399,000$410,000$4981.035779
1731 Colby AvenueLos Angeles197410/08/20261183013,380$499,900$460,000$5540.9212078
2812 Somerset DriveLos Angeles192910/08/2026211,0906,290$595,000$610,000$5601.026976
4411 Los Feliz BoulevardLos Angeles196610/08/20261177893,238$685,000$725,000$9321.066876
Total: 5 · Average1.21.0865.832,956.2$543,000$543,000$635.2—95.4
Median824$510,000$510,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.