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940 E 2nd St 36, Los Angeles, CA 90012

Sale Price: $1,629,000
Mar 3, 20252,440 sqft2 beds3 baths
Listed by: Greg Stangl
License #: 01440433
Phone #: 213-327-5436
The Agency
Source:
CRMLS Logo
MLS #: 25501607

Property Description

Discover an incredible opportunity to own a New York-style live-work loft right here in Downtown Los Angeles. This swanky three-story unit is in the lively Arts District neighborhood and boasts the perfect blend of interior and exterior architectural accents, historic charm, and modern conveniences. Originally built in 1906 to store sugar beets and then reborn in 2011 into 38 Luxury live/work townhome style lofts, you won't want to miss this unique offering. 940 E. 2nd Street is one of the Art District's best-kept secrets, and unit #36 stands tall with 2440 sq feet and three unique levels of live, work, and entertainment space. Enter from the street level or garage and discover the perfect blend of concrete, exposed brick, and high ceilings to unleash your creativity and elevate your productivity. The space is flexible in design and encompasses a mezzanine level and outdoor patio. Three private parking spaces await nearby for convenience. The main level is where you will find an expansive modern kitchen and living room area where sleek design meets functionality. The open layout invites seamless flow, making it the perfect setting for entertaining guests. A large center island provides ample workspace and doubles as a casual gathering spot, while stylish cabinetry and a walk-in pantry offer plenty of storage for all your culinary essentials. The upper level is a spacious master bedroom retreat with a custom-built walk-in closet, dual sink reclaimed wood vanity, and an outdoor terrace. The perfect place to relax and unwind. Natural light seeps in at all levels and into the original brick walls, exposed steel beams, and vaulted ceilings through a combination of skylights, custom-made doors and windows, and operable clerestory windows. What was once an industrial zone and low-cost haven for practicing artists is now L.A.'s Arts District a trendy, burgeoning urban hub for creative professionals, professional creatives, and everyone else in between. These days, the neighborhood has become one of the most exciting places to dine in all of Los Angeles, and it's long been a great place to hang out on the weekends with the numerous breweries and cocktail bars. Daytime attractions include community coffee shops, designer and local boutiques, art galleries, the 6th Street Bridge, and so much more. Easy access to the freeway and public transportation.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$17,889

TurboHome Estimated Value

$1,520,800

$623 sqft

High Valuation
$1,596,840
$654/sqft
Normal Valuation
$1,520,800
$623/sqft
Low Valuation
$1,444,760
$592/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$623/sqft$1,520,800

Neighborhood: Civic Center-Little Tokyo

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Comparative Value

$1.02M

$1.15M

$1.63M

$1.85M

801 S Grand Ave 1310, Los Angeles, CA 90017

Sale Price: $1,025,000

Selected Comparable

215 S Santa Fe Ave 7, Los Angeles, CA 90012

Sale Price: $1,150,000

Selected Comparable

940 E 2nd St 36, Los Angeles, CA 90012

Sale Price: $1,629,000

Selected Comparable

940 E 2nd St 36, Los Angeles, CA 90012

List Price: $1,849,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
940 E 2nd St 36, Los Angeles, CA 90012

940 E 2nd St 36, Los Angeles, CA 90012

List: $1,849,000

Listed: 3/3/2025

Area:2,440 sqft
Price/sqft:$758
Beds:2
Baths:3
Year Built:
Lot Size:43,821.36

Comparable Properties

COMPARABLE
Choose comps
940 E 2nd St 36, Los Angeles, CA 90012

940 E 2nd St 36, Los Angeles, CA 90012

Sale: $1,629,000

5/14/20250.00 mi

Area:2,440 sqft
Price/sqft:$668
Beds:2
Baths:3
Year Built:
Weight:46.8%
215 S Santa Fe Ave 7, Los Angeles, CA 90012

215 S Santa Fe Ave 7, Los Angeles, CA 90012

Sale: $1,150,000

9/27/20240.04 mi

Area:2,217 sqft
Price/sqft:$519
Beds:1
Baths:2
Year Built:
Weight:28.3%
801 S Grand Ave 1310, Los Angeles, CA 90017

801 S Grand Ave 1310, Los Angeles, CA 90017

Sale: $1,025,000

8/27/20241.44 mi

Area:1,930 sqft
Price/sqft:$531
Beds:3
Baths:3
Year Built:
Weight:24.9%

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