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

$760,000 Sold Price as of 09/06/2022
  • 1 Beds
  • 1 Baths
  • 1,040 Sq.Ft.
Sold
$760,000 Sold Price as of 09/06/2022 Refinance Your Mortgage

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

Property Overview: 257 S Spring St #2M Los Angeles, CA has 1 bedrooms, 1 bathrooms, 1,040 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: Impressive price adjustment to $765,000 on this gorgeous condo unit in the historic Douglas Building! It's been said that the "M" stack is a favorite due to the amount of light and brilliant floor plan. If you've been considering a move to Downtown Los Angeles, don't miss out on the opportunity to tour this one. The building is a beautifully restored, cultural monument (#966) and qualifies for Mills Act, drastically reducing your property taxes. Combined with this great new price, this unit is a phenomenal opportunity. Spacious and open, you get the benefit of loft-like living with the added bonus of a dedicated bedroom. Feel the building's history reflected in the exposed brick, massive windows, restored floors and exposed beams, whilst enjoying the modern amenities of an updated kitchen and washer/dryer inside of the unit. The Douglas building is in a fabulous location downtown, moments from MOCA, Walt Disney Concert Hall, The Broad and a stone's throw away from eateries and coffee shops. If you haven't seen this stunner yet, come and view ASAP!

Listed by Kenya Reeves-Costa | BRE #01734058 | Compass
Co-listed by Sarah Chung | BRE #01963579 | Compass
Last checked: 5 minutes ago | Last updated: January 5th, 2023 | Source CRMLS | DOM: 72

Home details

Lot Sq. Ft
28,817
HOA Dues
$610/mo
Year built
1899
Garage
--
Property Type:
Condominium
Status
Sold
MLS#
22159121
City
Los Angeles
County
Los Angeles
Time on Site
675 days

Virtual Tour

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Property Details for 257 S Spring St #2M

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, In Closet
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Kitchen
  • Flooring: Wood, Tile
  • Living Room
Kitchen Information
  • Has Appliances
  • Microwave, Refrigerator, Range, Oven
  • Kitchen Open to Family Room, Kitchen Island
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Brick Walls
  • Security Features: Resident Manager, Card/Code Access
Exterior Features
Exterior Information
  • No Fence
  • None
  • No Spa
  • Spa Features: None
Exterior Features
  • No Patio
  • No Pool
  • Pool Features: None
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Off Site
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 50
  • Parcel Number: 5149008047
  • Entry Level: 2
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Fee: $610 (Monthly)
  • Association Amenities: Controlled Access
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: Google Maps
View more facts & features

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Sale History for 257 S Spring St #2M

Last sold for $760,000 on September 6th, 2022
  • September, 2022

  • Sep 6, 2022

    Date

    Sold

    CRMLS: 22159121

    $760,000

    Price

  • May 23, 2022

    Date

    Active

    CRMLS: 22159121

    $825,000

    Price

  • August, 2022

  • Aug 24, 2022

    Date

    Expired

    CRMLS: 22160195

    $3,300

    Price

  • May 23, 2022

    Date

    Active

    CRMLS: 22160195

    $3,550

    Price

  • Listing provided courtesy of CRMLS

    Come and take part in a beautiful convergence of past and present at the Douglas Building. This gorgeous building built in 1899 was once the jewel of LA's commercial district and has been has been masterfully restored and designated as Los Angeles cultural monument #966. The unit itself is a sunbathed corner unit, with original tiled entry, exposed brick, hardwood floors, perfectly preserved window casings and exposed beams paying homage to the past while at the same time bringing you forward to today with a well appointed updated kitchen and bathroom as well as washer/dryer. Boasting one oversized primary bedroom with ample storage, enjoy more square footage than most two bedrooms in the building. Come experience all that DTLA has to offer. Sandwiched between DTLA's Historic Core and Bunker Hill, the Douglas Building places you in a culturally rich hub of activity. Moments from MOCA, Walt Disney Concert Hall, The Broad and Angels Flight, at the Douglas Building, the world is your oyster! (Also for sale)

  • July, 2017

  • Jul 28, 2017

    Date

    Sold

    CRMLS: PW17128554

    $750,000

    Price

  • Jul 22, 2017

    Date

    Pending

    CRMLS: PW17128554

    $760,000

    Price

  • Jul 2, 2017

    Date

    Active Under Contract

    CRMLS: PW17128554

    $760,000

    Price

  • Jun 23, 2017

    Date

    Price Change

    CRMLS: PW17128554

    $760,000

    Price

  • Jun 8, 2017

    Date

    Active

    CRMLS: PW17128554

    $765,000

    Price

  • Listing provided courtesy of CRMLS

    Designed in 1898 by San Francisco architects, James and Merritt Reid, The Douglas Building Stands on the corner of Spring and Third st walking distance to Grand Central Market, Blue Bottle Coffee, Otium Restaurant, Disney Concert Hall and the Broad Museum to name a few. Unit 2M is a true 1 bedroom, 1 bath corner loft in heart of it all. The original double hung windows allow an abundance of light throughout the open living space and kitchen. Walking in you're welcomed by high ceilings along with the original vintage tiled entryway that leads you straight into your city oasis. The bedroom is a generous size for any downtowner looking to get extra space within the city, original Douglas Fir hardwood flooring throughout, Original red brick accents, waterworks bathroom and a PoggenPohl kitchen w/ Bosch appliances, Custom Lighting and newly painted is just some of the features this unit offers. There isn't much more you can ask when looking for a loft in Downtown, Enjoy your days and nights admiring the city lights. The Douglas Building falls under the Mills Act, bringing in substantial property tax savings.

  • July, 2017

  • Jul 28, 2017

    Date

    Sold (Public Records)

    Public Records

    $750,000

    Price

  • July, 2009

  • Jul 15, 2009

    Date

    Sold (Public Records)

    Public Records

    $430,000

    Price

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Tax History for 257 S Spring St #2M

Assessed Value (2020): $219,000
Year Land Value Improved Value Assessed Value
2020 $43,800 $175,200 $219,000

Home Value Compared to the Market

This property vs the competition

257 S Spring St #2M sold on September 6, 2022 for 25.66% lower than the current median sold price for the city of Los Angeles which is $1,029,000. The median sold price per/sqft for Los Angeles is $742 and this home is sold at $735.58 per/sqft which puts the price per square foot 0.87% lower than the current median sale per square foot for the city of Los Angeles.

About 257 S Spring St #2M

Detailed summary of property

257 S Spring St #2M is a condominium that recently sold in Los Angeles, CA 90012. This condo offered 1 bedrooms, 1 bathrooms, roughly 1,040 living square feet, and sits on an approximately 28,817 square foot lot. 257 S Spring St #2M was first listed on ArdentRealEstateGroup.com on May 23, 2022. The homeowner sold the property for $760,000. Home in Los Angeles are selling for a median price of $1,029,000 and a median price per square foot of $742. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 25.66% lower than the current median priced home. Local homes that are currently for sale include 880 W 1st St #709, 880 W 1st St #317 and 630 W 6th St #317. This home does have a Homeowners Association and the monthly fee is $610 per month. While the average home in Los Angeles, CA is selling in 100 days, 257 S Spring St #2M has a days on market of 72 days. There are currently 3287 homes for sale in the Los Angeles real estate market and 2252 of them are single family homes while 954 of them are condos and 78 are townhomes. For more information on this home for sale at 257 S Spring St #2M 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 #2M

Public county record property details
Beds
2
Baths
2
Year built
1899
Sq. Ft.
1,040
Lot Size
28,817
Stories
--
Type
Condominium Unit (Residential)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5149-008-047

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.
$609
Median Sold Price
$460,000
Median Sold Price/Sq.Ft.
$485
Total Inventory
48
Median Sale to List Price %
94.85%
Avg Days on Market
17
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Related Resources to 257 S Spring St #2M

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.