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Located in the heart of the burgeoning Downtown Arts District, the creative and cultural hub of Los Angeles, 940 East 2nd Street was built in 1906 as a sugar beet factory and updated by architect John Packinson (Grand Central Market, City Hall) in the 1920s, this residence was brought to life with an AIA award winning conversion by Rockefeller Partners in 2011. This stunning architectural loft showcases its beautiful lines, soaring ceilings and abundant light, details of exposed brick and industrial beams. Drive through an impressive gate and you arrive home in a secure garage with one reserved parking DIRECTLY OUTSIDE YOUR FRONT DOOR. Open floor plan, European designed kitchen features quartz counter tops, stainless steel appliances including refrigerator, dishwasher, microwave, and oven. Wood laminate flooring and custom bath vanities made from reclaimed wood, solar powered skylight blinds with remotes, and two outdoor spaces including an entry level patio and a balcony at the Master Suite with views. Stackable washer/dryer inside closet is included. Walking distance to all of your Arts District favorites, including Hauser + Wirth, Father's Office, Manuela, Go Get Em Tiger & Wurstkuche. This unique home is a rare opportunity at this price.
Listing agent: Affie Setoodeh DRE #01390320 AffieRealtor@gmail.com, Listing office: Century 21 Award
MLS data updated 11/1/2026, 2:47:20 AM PT
Source: CRMLS, MLS #: OC21237604
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Nov 30, 2021
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,000,000Closed sale · Nov 30, 2021ZIP 90012 · Nov 2021
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.