257 S Spring St #3M, Los Angeles, CA 90012
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257 S Spring St #3M Los Angeles, CA 90012

$795,000 Sold Price as of 11/04/2020
  • 1 Beds
  • 1 Baths
  • 1,040 Sq.Ft.
Sold
$795,000 Sold Price as of 11/04/2020 Refinance Your Mortgage

Map preview of 257 S Spring St #3M, Los Angeles, CA 90012

Property Overview: 257 S Spring St #3M 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: Come live in one of the best units at the Douglas Lofts! This historic building was restored in 2005 and offers original flooring from 1899. Open living space is accented by exposed brick walls, and a custom kitchen complete with Bosch stainless steel appliances. The entire unit is highlighted by the oversized, double paned windows that bring in a ton of natural light and have unobstructed views of the historic Bradbury building and 3rd Street. This true one bedroom with spacious master with a custom closet and a full bathroom with a deep soaking tub. Additional features include an abundance of storage, recessed lighting throughout, washer and dryer in unit, parking space, and the building is a historic landmark under the Mills Act (substantial property tax savings). This loft is around the corner from Grand Central Market, hip restaurants and bars! Units rarely come for sale in this well maintained 50-unit building. This truly stands out from the rest of the lofts in DTLA!

Listed by Elizabeth Cappola | BRE #01862237 | Compass
Co-listed by Tara Ozanyan | BRE #01953803 | Compass
Last checked: 10 minutes ago | Last updated: July 5th, 2023 | Source CRMLS | DOM: 76

Home details

Lot Sq. Ft
28,817
HOA Dues
$820/mo
Year built
1899
Garage
--
Property Type:
Condominium
Status
Sold
MLS#
20589298
City
Los Angeles
County
Los Angeles
Time on Site
1200 days

Virtual Tour

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Property Details for 257 S Spring St #3M

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, In Closet, Stackable
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood, Tile
  • Entry, Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Security Features: Card/Code Access, Guarded, Fire Sprinkler System
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Community Structure, Gated, Covered, Assigned
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 50
  • Parcel Number: 5149008060
  • Entry Level: 3
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Fee: $605 (Monthly)
  • Second Association Fee: $215 (Monthly)
  • Association Amenities: Controlled Access, Security
  • Total Average Monthly Fee: $820
Location / Neighborhood
Location Information
  • Directions: Corner of Spring and Third
View more facts & features

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Sale History for 257 S Spring St #3M

Last sold for $795,000 on November 4th, 2020
  • November, 2020

  • Nov 4, 2020

    Date

    Sold

    CRMLS: 20589298

    $795,000

    Price

  • Oct 22, 2020

    Date

    Pending

    CRMLS: 20589298

    $825,000

    Price

  • Sep 23, 2020

    Date

    Active Under Contract

    CRMLS: 20589298

    $825,000

    Price

  • Aug 3, 2020

    Date

    Active

    CRMLS: 20589298

    $825,000

    Price

  • Jul 24, 2020

    Date

    Active Under Contract

    CRMLS: 20589298

    $825,000

    Price

  • Jun 10, 2020

    Date

    Active

    CRMLS: 20589298

    $825,000

    Price

  • November, 2020

  • Nov 4, 2020

    Date

    Sold (Public Records)

    Public Records

    $795,000

    Price

  • February, 2017

  • Feb 28, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • January, 2017

  • Jan 12, 2017

    Date

    Sold

    CRMLS: 16182738

    $740,000

    Price

  • Dec 28, 2016

    Date

    Active Under Contract

    CRMLS: 16182738

    $780,000

    Price

  • Dec 7, 2016

    Date

    Active

    CRMLS: 16182738

    $780,000

    Price

  • Listing provided courtesy of CRMLS

    Take in the charm and character of unit 3M from the moment you step in and feast your eyes on the vintage-tiled entry way leading to a generous and open living, dining and kitchen space, accented by exposed brick walls. Original double hung picture windows on this corner loft provide natural light and views including the notable Bradbury building. Douglas building was restored in 2005 to make way for 50 unique New York style residential lofts outfitted with Poggenpohl kitchens, Bosch appliances and Waterworks bathrooms with deep soaking tubs. Recent improvements include custom lighting, additional windowpane for sound insulation and extension of kitchen to create more counter space with cabinets, wine fridge and storage. A cozy master bedroom with custom raised bed, original metal truss, concrete and exposed brick walls complete this period home. Douglas is a registered historic landmark granted with substantial reduction in property taxes through the Mills Act.

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Tax History for 257 S Spring St #3M

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 #3M sold on November 4, 2020 for 21.43% 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 $793.27 per/sqft which puts the price per square foot 7.49% higher than the current median sale per square foot for the city of Los Angeles.

About 257 S Spring St #3M

Detailed summary of property

257 S Spring St #3M 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 #3M was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $795,000. 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 21.43% lower than the current median priced home. Local homes that are currently for sale include 800 W 1st St #508, 215 W 7th St #1108 and 630 W 6th St #317. This home does have a Homeowners Association and the monthly fee is $820 per month. While the average home in Los Angeles, CA is selling in 97 days, 257 S Spring St #3M has a days on market of 76 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 #3M 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 #3M

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
5149-008-060

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.
$587
Median Sold Price
$410,000
Median Sold Price/Sq.Ft.
$442
Total Inventory
51
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 #3M

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.