ActiveCondominium

Los Angeles, CA, 90012

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$510,000

MLS: 26727157

Beds

1

Baths

1

Sq Ft

760

Lot

0.44 ac

Year Built

1910

MLS #

26727157

Days on Market

2

Listed

Apr 15, 2026

Description

Experience iconic Downtown Los Angeles living in this bright, industrial-style corner loft located in the historic Higgins Building, a registered federal landmark with Mills Act tax benefits - saving owners up to 75% on property taxes. This unique unit offers dual exposure with oversized windows on both the northwest and southwest walls, flooding the space with natural light and showcasing panoramic skyline views and stunning sunsets. Soaring 11-foot ceilings, polished concrete floors, and modern track lighting enhance the open, airy feel. The fully remodeled kitchen features sleek new cabinetry, a designer faucet, premium stainless steel appliances, and Neolith countertops - a high-performance surface favored by luxury designers for its durability and refined aesthetic. The bedroom includes a custom vertical wood slat accent wall and a sliding panel that opens to a spacious walk-in closet, blending architectural elegance with functionality. The updated bathroom features a new vanity, faucet, storage cabinet, and a bidet for added comfort. Enjoy panoramic city views from the rooftop BBQ and dining terrace, ideal for hosting guests or relaxing under the stars. The building offers on-site security for peace of mind and is located just one block from the Metro's brand-new Historic Broadway Station, providing seamless access to multiple transit lines and making commuting across Los Angeles easier than ever. Steps from Little Tokyo, Grand Central Market, Grand Park, Redbird, Blue Bottle Coffee, Badmaash, and the LAPD dog park, this loft places you in the heart of DTLA's vibrant cultural, culinary, and entertainment scene. Easy access to museums, concert halls, and public transportation completes the urban lifestyle. HOA dues include water, trash, sewage, and general liability/fire insurance. Residents are responsible for electricity and internet. Secured parking is available at two nearby garages - one directly adjacent to the building and another just across the street.

Location

Los Angeles, Los Angeles County, CA 90012

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Listed by: Howard Chiao · eXp Realty of California Inc

Payment estimate

$3,843

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $51,000 · Loan: $459,000

%
Principal & Interest
$2,820
Property tax (1.25%)
$531
Homeowners insurance
$300
Mortgage insurance
$191
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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 $17,850 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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