ActiveCondominium

108 W 2nd Street 908

Los Angeles, CA, 90012

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$459,000

MLS: 26800621

Beds

1

Baths

1

Sq Ft

910

Lot

0.44 ac

Year Built

1910

MLS #

26800621

Days on Market

8

Listed

Apr 24, 2026

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.

Location

Los Angeles, Los Angeles County, CA 90012

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Listed by: Roxanna Godinez · Compass

Payment estimate

$3,564

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $45,900 · Loan: $413,100

%
Principal & Interest
$2,614
Property tax (1.25%)
$478
Homeowners insurance
$300
Mortgage insurance
$172
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of May 21, 2026

30-year fixed
6.51%
15-year fixed
5.85%

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

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

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 $16,065 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

See Los Angeles, CA 90012 market trends →

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

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.