Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveCondominium

108 W 2nd Street 711

Los Angeles, CA, 90012

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$485,000

MLS: 26655967

Beds

0

Baths

1

Sq Ft

750

Lot

0.44 ac

Year Built

1910

MLS #

26655967

Days on Market

8

Listed

Feb 24, 2026

Description

Remodeled live/work loft in the iconic Higgins Building featuring a desirable west-facing exposure with breathtaking city skyline views. This sophisticated residence showcases soaring ceilings, oversized windows, and marble-finished concrete floors that create a dramatic yet refined urban aesthetic. The open-concept layout is anchored by a modern kitchen with a large center island, abundant cabinetry, and sleek finishes ideal for both everyday living and entertaining. A beautifully designed bathroom, custom storage solutions, and electric shades add comfort and convenience throughout the space.Designated under the Mills Act, the property offers substantial annual property tax savings, making ownership significantly more affordable compared to similar Downtown residences. Residents enjoy full-service amenities including a secured entry, and a rooftop barbecue area with sweeping views. Parking is available for lease within the building and nearby structures.Originally completed in 1910 as one of Los Angeles' tallest commercial towers, the Higgins Building is a celebrated Beaux-Arts architectural landmark with both National and City historic designations. Converted to residential lofts in the early 2000s, the building thoughtfully preserves its historic character, from the grand marble corridors and mosaic tile floors to the ornate wrought-iron elevators and period detailing that reflect its storied past.Located in the vibrant Historic Core, the property is moments from Little Tokyo, the Arts District, Gallery Row, Grand Central Market, Walt Disney Concert Hall, The Broad Museum, and the Music Center, with convenient access to Metro stations and the upcoming transit connector. Across the street, the landscaped plaza and open green space provide a popular gathering spot for residents and pet owners alike.An exceptional opportunity to own a piece of Downtown Los Angeles history blending architectural significance, modern design, and meaningful tax advantages in one remarkable offering.

Location

Los Angeles, Los Angeles County, CA 90012

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Listed by: Sukyoung Lee · Redpoint Realty

Payment estimate

$3,669

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $48,500 · Loan: $436,500

%
Principal & Interest
$2,682
Property tax (1.25%)
$505
Homeowners insurance
$300
Mortgage insurance
$182
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Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $16,975 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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