108 West 2nd Street, Los Angeles, CA 90012

Gallery Row, Downtown Los Angeles, Central LA, Los Angeles
Building in Downtown Los Angeles
Built in 1910
Welcome to 108 West 2nd Street, a building located in Gallery Row, Downtown Los Angeles, Central LA, Los Angeles in Los Angeles, CA. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1910. In total, the building area is listed as 2,280 square feet. The building itself has 2,280 square footage of total floor area. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but essentially heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 108 West 2nd Street is unknown but given the importance of this information, we will work to update this data as soon as possible.

Moving on to what we know about the features and amenities in this building. While there is no garage access for residents, this is pretty standard for New York and you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. Are you a fan of fireplaces? Sadly, this property has none. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.

108 West 2nd Street was most recently sold on Apr 25, 2017 for $1,750,000. The market value for the land that the building sits on has been listed at $0. In addition, improvements upon the building have an added value of $0. In total, the total market value of the property as a whole is $0. This may be less relevant information, but according to local assessors, the total value of the building is currently valued at $897,000. Specifically, the value of the land that the property sits on has been assessed at $448,000. The building was last assessed in 2019. For those interested, the building is currently owned by DIVINE PASTA COMPANY.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Downtown Los Angeles area have a median price of $3,500. Those in the 25th percentile, have a price around $2,550. While those in the 75th percentile, have a price around $4,995. Typically, the buildings in this area have a median sqft of 1,005. That means that the median price per sqft is around $40. In other words, the price per sqft for buildings in the 25th percentile is $32. While the price per sqft for buildings in the 75th percentile is $51. As a breakdown, we've included the following stats:

- There are currently a total of 14 studio listings. The median price for these types of listings is $2,178. That's $40.67 price per sqft.
- There are currently a total of 78 one bedroom listings. The median price for these types of listings is $2,985. That's $40.19 price per sqft.
- There are currently a total of 59 two bedroom listings. The median price for these types of listings is $4,600. That's $37.07 price per sqft.
- There are currently a total of 16 three bedroom listings. The median price for these types of listings is $12,000. That's $30.32 price per sqft.
- There are currently no four bedroom listings being advertised in the area.

108 West 2nd Street is located in Los Angeles County, California. There are 10,057,155 people living here. There are 3,281,845 households. Most of these households have an average family size of 3.69 people. According to the census, 54% are currently renting while 46% own their homes. The median age of this population is around 35.8 years old. On average, most folks in the county are unmarried. About 57% of folks speak a language other than English in this area. The area's employment rate is currently around 58.6%. Speaking of employment, the median income is $57,952. Most folks will commute by car for around 30.4 minutes. Finally, we know that 21% of residents in the area have graduated with their high school degree. Additionally, 20% and 11% have their Bachelor's and Master's degree, respectfully.

Moving on to the urban area level. Los Angeles - Long Beach - Anaheim, CA Urban Area has a population of 12,492,745 people. Based on census records, there are 4,042,635 registered households. Families in this area are on average made up of 3.68 people per household. Most folks are unmarried. They are also typically around 35.9 years old. Does diversity matter to you? Right now, 56% of folks speak a language other than English here. About 53% rent while 47% purchased their homes. Right now, the community is made up of 20% of residents who have graduated with at least a high school degree. On top of that, 21% have a Bachelor's degree and 11% have a Master's degree. The employment rate is currently around 59.3%. Those employed, have a median income of $60,884. If you move here, you can expect to commute mostly by car for around 29.6 minutes.

Facts
General
Actual Year Built
1910
Unit Count
Building Floor Area
Floor Area Ratios
Air Conditioning Type
0
Basement Type
0
Partial Bathrooms
0.00
Bathroom Fixture Number
0.00
Full Bathrooms
0.00
Building Area
2,280
Building Area Source
T
Building Condition
0
Building Quality
0
Gross Building Area
2,280
Construction Type
0
Exterior Walls Type
0
Fireplace Count
0.00
Floor Cover
0
Garage Type
0
Parking Space Count
0.00
Heating Fuel Type
0
Heat Code
0
Interior Walls Type
0
Lot Size Depth Feet
0
Lot Size Square Feet
19,153
Patio Type
0
Pool Type
0
Porch Type
0
Roof Cover Type
0
Roof Shape Type
0
Sewer System
0
Building Style
0
Basement Area
0.00
Total Building Area
2,280
Business/Commerical Units Count
0.00
Garage Square Area
0.00
Total Rooms
0.00
Water Service Type
0
Year Built
1910
Bedroom Count
0
Building
Building Type
2
County Land Use Code
120G
Property Class ID
C
Standard Land Use Code
2003
Subdivision
ORDS SURVEY
Land Acres
0.44
Legal Description 1
TR=53327 LOT 1 CONDO UNIT 108 (AIRSPACE AND 1/142 INT IN COMMON AREA)
Ownership
Current Owner
DIVINE PASTA COMPANY
Current Owner's Full Name
DIVINE PASTA COMPANY
Previous Owner
108 W 2ND LLC
Previous Owner's Full Name
LADT LLC
Owner Address - City
LOS ANGELES
Owner Address - State
CA
Owner Address - ZIP Code
90013
Current Owner Corporation Indicator
T
Ownership Rights Codes
CO
Owner Before Previous Owner
BRUK FAMILY TRUST
Owner Before Previous Owner 2
DAVID KENNER TRUST
Neighborhood
School District Name
Los Angeles Unified School District
Census Tract
207302
Census Block Code
2001
Census Group
2
Census Year
2018
Census - Combined Statistical Area - Area Code
348
Census - Combined Statistical Area - Area Name
Los Angeles-Long Beach, CA
Census - County FIPS
06037
Census - Full FIPS
060372073022001
Census - Metropolitan Division - Area Code
31084
Census - Metropolitan Division - Area Name
Los Angeles-Long Beach-Glendale, CA
Census - Metro Micro Statistical Area - Area Code
31080
Census - Metro Micro Statistical Area - Area Name
Los Angeles-Long Beach-Anaheim, CA
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
0644000
Census Source
US Census Bureau
Census State FIPS
06
Census Tract Code
207302
School District - Unified - Grade High
12
School District - Unified - Grade Low
KG
School District - Unified - LEA Code
0622710
School District - Unified - Name
Los Angeles Unified School District
Zoning
Zoning
LAC4
Geography
Full Street Address
108 W 2ND ST
FIPS
06037
Mailing Carrier Code
C014
Mailing Full Street Address
550 CERES AVE
Mailing House Number
550
Mailing Street Mode
AVE
Mailing Street
CERES
Mailing 4-Digit Zip Code
1717
Geo Status Code
B
Latitude
34.051
Longitude
-118.245
Carrier Code
C042
Street Direction
W
State
CA
4-Digit Zip Code
1586
Subdivision Tract Number
53327
Zip Code
90012
City Name
LOS ANGELES
Parcel
5149-006-016
Block
Lot
1
Address - House Number
108
Address - Street Name
2ND
Address - Suffix Type
ST
Valuation
Assessed Land Value
$448,000
Assessed Year
2019
Confidence Score
0
First Current Mortgage Recorders Document Number
17-0498144
First Current Mortgage Lender
JPMORGAN CHASE BANK NA
First Current Mortgage Loan Amount
$1,250,000
First Current Mortgage Loan Type
21
First Current Mortgage Transaction Date
20170504
First Current Mortgage Terms
360
Second Current Mortgage Loan Amount
$0
Second Current Mortgage Terms
0
Current Sale Transaction ID
1811319635
Current Sales Price
$1,750,000
Current Sales Price Type
7
Current Sale Contract Date
20170425
Current Sale Document Type
36
Current Sale Input Document Number
17-0498143
Current Sale Recording Date
20170504
Final Value
0.00
High Value
0.00
Low Value
0.00
Market Total Value
$0
Market Improvement Value
$0
Market Land Value
$0
First Open Lien Mortgage Lender
JPMORGAN CHASE BANK NA
First Open Lien Mortgage Position
1
First Open Lien Mortgage Loan Amount
$1,250,000
First Open Lien Mortgage Loan Type
21
First Open Lien Mortgage Recording Date
20170504
First Open Lien Mortgage Term
360
First Open Lien Mortgage Transaction ID
1811319635
Second Open Lien Mortgage Position
0
Second Open Lien Mortgage Loan Amount
$0
Second Open Lien Mortgage Term
0
Second Open Lien Mortgage Transaction ID
0
Third Open Lien Mortgage Position
0
Third Open Lien Mortgage Loan Amount
$0
Third Open Lien Mortgage Term
0
Third Open Lien Mortgage Transaction ID
0
Fourth Open Lien Mortgage Position
0
Fourth Open Lien Mortgage Loan Amount
$0
Fourth Open Lien Mortgage Term
0
Fourth Open Lien Mortgage Transaction ID
0
Previous Mortgage Lender
JAY C MARKOFF LIVING TRUST
Previous Mortgage Loan Amount
$460,000
Previous Mortgage Loan Type
25
Previous Mortgage Transaction Date
19980612
Previous Mortgage Term
360
Previous Sale Type of Sales Price
13
Previous Sale Contract Date
19980608
Previous Sale Document Type
39
Previous Sale Recorders Document Number
98-0994030
Previous Sale Transaction ID
1033744601
Standard Deviation
0
Total Area
0.00
Tax Amount
$5,066
Tax Rate Code Area
13-264
Timestamp
2020-09-28 00:00:00
Total Open Liens Amount
$1,250,000
Total Open Liens
1
UCID Flag
C
Valuation Date
1901-01-01
Assessed Improvements Value
$449,000
Assessed Total Value
$897,000
Tax Year
2019
Sale Date
19980612
Sale Amount
$530,000
Neighborhood
$2,178
Studio Median Rent
$2,985
1BR Median Rent
$4,600
2BR Median Rent
$12,000
3BR Median Rent

Nearby Schools

(within attendance boundary)
Ninth Street Elementary  •  1.04 mi
835 Stanford Ave, Los Angeles, CA 90021
Public  •  Elementary  •  Grades KG to 5
Los Angeles Unified School District
Sal Castro Middle  •  1.24 mi
1575 W. 2nd St., Los Angeles, CA 90026
Public  •  Middle School  •  Grades 6 to 8
Los Angeles Unified School District
450 N. Grand Ave., Los Angeles, CA 90012
Public  •  High School  •  Grades 9 to 12
Los Angeles Unified School District
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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Var Studio 1 $1,750 Mar 27, 2020 Expired
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