Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
PendingCondominium

108 W 2nd Street PH1007

Los Angeles, CA, 90012

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$899,000

MLS: 25610253

Beds

2

Baths

1

Sq Ft

1,700

Lot

Year Built

1910

MLS #

25610253

Days on Market

141

Listed

Oct 23, 2025

Description

**DTLA Penthouse with 900 Sq. Ft. Private Rooftop + MILLS ACT Tax Savings + PARKING IN BUILDING** Experience one of Downtown Los Angeles' most remarkable penthouses, set within the Mills Act designated Higgins Building, offering significant property tax savings year after year. This dramatic two-story, three-level live/work loft is among the building's largest floor plans, featuring expansive windows on both sides that flood the space with natural light. A spiral staircase connects beautifully designed interiors to the show stopping highlight, your own 900 sq. ft. private rooftop deck, professionally landscaped for entertaining or soaking in panoramic skyline views. The chef's kitchen is equipped with Thermador stainless appliances, marble countertops, custom cabinetry, and a stylish island, an ideal balance of form and function. The spa-inspired bath features marble and artisan tile, offering sweeping skyline views even from the shower. Additional highlights include designer lighting, generous closets, and in-unit washer/dryer. The private back bedroom or office provides tranquility, while the second-level primary suite includes custom closet build-outs and direct rooftop access. Setting this unit apart is the rare opportunity to lease a dedicated parking spot directly inside the building garage. The Higgins Building stands amid Downtown's architectural icons including City Hall, the LA Times Building, and Vibiana/Redbird to name a few. Across the street, enjoy Plaza de California dog park and the new Historic Broadway Metro station for effortless commuting. Step into the grand lobby and be transported to another era, with restored mosaic tile floors, wrought-iron caged elevators, imported marble wainscoting, zinc-framed doorways, and period detailing that celebrate the building's storied past. More than a penthouse, this is a statement of style, history, and downtown culture at its finest.

Location

Los Angeles, Los Angeles County, CA 90012

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Listed by: David Lukan · Compass

Payment estimate

$6,545

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $89,900 · Loan: $809,100

%
Principal & Interest
$4,971
Property tax (1.25%)
$936
Homeowners insurance
$300
Mortgage insurance
$337
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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 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 $31,465 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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