257 S Spring St #2G, Los Angeles, CA 90012
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257 S Spring St #2G Los Angeles, CA 90012

$760,000 Sold Price as of 08/18/2022
  • 2 Beds
  • 2 Baths
  • 1,016 Sq.Ft.
Sold
$760,000 Sold Price as of 08/18/2022 Refinance Your Mortgage

Map preview of 257 S Spring St #2G, Los Angeles, CA 90012

Property Overview: 257 S Spring St #2G Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,016 living square feet and 28,817 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Happy to show and accept back-up offers. The Douglas Building (DB), located at the northwest corner of S Spring and W 3rd Streets in Downtown Los Angeles (DTLA), was completed in 1899 as an office building by the estate of Thomas Douglas Stimson, and is one of the most sought after adaptive re-use addresses in the Central City. Designed by Reid Brothers Architects in the "Classic Revival Style," the DB is designated by the Cultural Heritage Commission of the City of Los Angeles as Historical Cultural Monument No. 966, is located just two blocks south of City Hall and one block from the Grand Central Market, and benefits from The Mills Act, which offers up to a 70% reduction in real estate taxes. Unit 2G is one of the most spectacular residences in the Douglas, as it sits on the corner of Spring and 3rd Streets, with dramatic views of Spring Street, the world-famous Bradbury building, and part of the DTLA Skyline. Because of its configuration, Unit 2G enjoys has many windows along both sides. In 2005, the DB was sold-out before it even opened. The developer took great care to utilize as much historic fabric is possible, but the units themselves, including all utilities, were new construction. The living space and kitchen is in an open, loft-style, with a high ceiling, and there are also two private bedrooms with doors. The wood floors are original, the two full bathrooms feature Waterworks bathtubs and fixtures, and the kitchen has lovely cabinets and countertops. The basement of the building was converted into parking and this unit has one space, with access to the upper floors by one of the two elevators in the DB. This is a dog (and cat!) loving building and the Police Headquarters "dog park" lawn is only a block away at Spring and Second Streets, as is the new Regional Connector subway station. Although the DB has no amenities, DTLA itself is the amenity, including Grand Park, the Music Center, The Broad and many restaurants and bars within easy walking distance. We hope you'll come to see Unit 2G soon!

Listed by Harold Bastian | BRE #00854666 | Amalgamated Metropolitan Properties, Inc
Last checked: 12 minutes ago | Last updated: September 2nd, 2022 | Source CRMLS | DOM: 72

Home details

Lot Sq. Ft
28,817
HOA Dues
$814/mo
Year built
1899
Garage
1 Car
Property Type:
Condominium
Status
Sold
MLS#
22149551
City
Los Angeles
County
Los Angeles
Time on Site
732 days

Virtual Tour

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Property Details for 257 S Spring St #2G

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Electric
Heating Information
  • Has Heating
  • Central, Electric
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Stackable
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Eating Area: Dining Room, In Kitchen
  • Flooring: Wood, Stone
  • Loft, Entry, Great Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator, Gas Cooktop, Electric Oven
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Ceiling Fan(s)
  • Security Features: Fire and Smoke Detection System, Card/Code Access, Automatic Gate, Fire Sprinkler System, Gated Community, Guarded, Fire Rated Drywall, Firewall(s), Smoke Detector(s)
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Gated, Subterranean
Property Information
  • Has View
  • View: City Lights, Landmark
  • Total # of Units: 50
  • Parcel Number: 5149008043
  • Architectural Style: See Remarks
  • Entry Level: 2
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Fee: $599 (Monthly)
  • Second Association Fee: $215 (Monthly)
  • Association Amenities: Security, Hot Water, Controlled Access, Maintenance Grounds, Trash
  • Total Average Monthly Fee: $814
Location / Neighborhood
Location Information
  • Directions: The Douglas Building is located at the northwest corner of S Spring and W 3rd Streets, two blocks south of City Hall.
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Sale History for 257 S Spring St #2G

Last sold for $760,000 on August 18th, 2022
  • August, 2022

  • Aug 18, 2022

    Date

    Sold

    CRMLS: 22149551

    $760,000

    Price

  • Apr 23, 2022

    Date

    Active

    CRMLS: 22149551

    $860,000

    Price

  • July, 2005

  • Jul 27, 2005

    Date

    Sold (Public Records)

    Public Records

    $495,000

    Price

Show More

Tax History for 257 S Spring St #2G

Assessed Value (2020): $221,000
Year Land Value Improved Value Assessed Value
2020 $44,200 $176,800 $221,000

Home Value Compared to the Market

This property vs the competition

257 S Spring St #2G sold on August 18, 2022 for 27.14% lower than the current median sold price for the city of Los Angeles which is $1,050,000. The median sold price per/sqft for Los Angeles is $738 and this home is sold at $752.95 per/sqft which puts the price per square foot 2.03% higher than the current median sale per square foot for the city of Los Angeles.

About 257 S Spring St #2G

Detailed summary of property

257 S Spring St #2G is a condominium that recently sold in Los Angeles, CA 90012. This condo offered 2 bedrooms, 2 bathrooms, roughly 1,016 living square feet, and sits on an approximately 28,817 square foot lot. 257 S Spring St #2G was first listed on ArdentRealEstateGroup.com on April 23, 2022. The homeowner sold the property for $760,000. Home in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 27.14% lower than the current median priced home. Local homes that are currently for sale include 880 W 1st St #317, 215 W 7th St #1108 and 630 W 6th St #317. This home does have a Homeowners Association and the monthly fee is $814 per month. While the average home in Los Angeles, CA is selling in 97 days, 257 S Spring St #2G has a days on market of 72 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 257 S Spring St #2G Los Angeles, CA 90012 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 257 S Spring St #2G

Public county record property details
Beds
1
Baths
1
Year built
1899
Sq. Ft.
950
Lot Size
28,817
Stories
--
Type
Condominium Unit (Residential)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5149-008-043

The source for these homes facts are from public records.

90012 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$595,000
Median List Price/Sq.Ft.
$586
Median Sold Price
$410,000
Median Sold Price/Sq.Ft.
$442
Total Inventory
50
Median Sale to List Price %
95.57%
Avg Days on Market
95
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (33.33%), Other (16.67%)

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Related Resources to 257 S Spring St #2G

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.