257 S Spring St #C, Los Angeles, CA 90012
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257 S Spring St #C Los Angeles, CA 90012

$925,000 Sold Price as of 02/01/2023
  • 1 Beds
  • 2.5 Baths
  • 1,387 Sq.Ft.
Sold
$925,000 Sold Price as of 02/01/2023 Refinance Your Mortgage

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

Property Overview: 257 S Spring St #C Los Angeles, CA has 1 bedrooms, 2.5 bathrooms, 1,387 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: Significant price improvement! This architectural two-level penthouse in the historic Douglas Building features 16ft + high ceilings, incredible light and dramatic north facing views of City Hall, St Vibianas and the new Grand by Gehry complex. Originally constructed as an office building in 1899, the Douglas was converted into 50 live/work lofts in 2005. With gorgeous hardwood floors, exposed brick walls and banks of panoramic windows, the large open floor plan living and dining area is perfect for entertaining and offers tremendous flexibility. One could even partition a section of the room off for use as a second bedroom if needed. The kitchen features custom Poggenpohl cabinetry, a new kitchen island with quartz counters, a spacious pantry and stainless appliances by Bosch and Fisher and Paykel. A separate laundry closet contains an almost new Thinq by LG vented washer/dryer stack. An enclosed primary bedroom suite has ample space for a king bed, custom blackout blinds and an ensuite primary bath with limestone countertops, Waterworks fixtures and a deep soaking tub. A second full guest bathroom is located on the opposite side of the unit. The mezzanine level upstairs is accessed by a spiral staircase and is an ideal space for a home office or TV room. A skylight provides terrific light and the space has its own powder room and access to a large storage room, a rarity in DTLA.The building's location at the corner of Spring and 3rd is the epicenter of great DTLA dining, including nearby Grand Central Market, all the great sushi and ramen of Little Tokyo, Red Bird, Badmaash and Blue Bottle Coffee. The unit has an assigned parking space in the underground garage and the Douglas Building is a Mills Act approved historical site that entitles owners to significant property tax savings. The building's elegant entry lobby features a security desk and the building is pet friendly and even offers a doggie run.

Listed by Geoff Clark | BRE #01487063 | Compass
Last checked: 16 minutes ago | Last updated: March 18th, 2023 | Source CRMLS | DOM: 87

Home details

Lot Sq. Ft
28,817
HOA Dues
$637/mo
Year built
1899
Garage
--
Property Type:
Condominium
Status
Sold
MLS#
22206335
City
Los Angeles
County
Los Angeles
Time on Site
575 days

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Property Details for 257 S Spring St #C

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Dryer Included, Stackable
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Eating Area: Breakfast Counter / Bar
  • Flooring: Stone, Wood
  • Center Hall, Entry, Living Room, Master Bathroom, Office
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 1
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Security Features: Card/Code Access, Fire and Smoke Detection System, Fire Sprinkler System
Exterior Features
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, Garage Door Opener
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: City Lights, Landmark
  • Total # of Units: 50
  • Parcel Number: 5149008078
  • Year Built Source: Assessor
  • Entry Level: 5
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Fee: $637 (Monthly)
  • Association Amenities: Controlled Access
Location / Neighborhood
Location Information
  • Directions: Corner of Spring and 3rd Streets
View more facts & features

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Sale History for 257 S Spring St #C

Last sold for $925,000 on February 1st, 2023
  • February, 2023

  • Feb 1, 2023

    Date

    Sold

    CRMLS: 22206335

    $925,000

    Price

  • Oct 6, 2022

    Date

    Active

    CRMLS: 22206335

    $1,075,000

    Price

  • June, 2017

  • Jun 19, 2017

    Date

    Sold

    CRMLS: P0-22180120

    $715,000

    Price

  • Listing provided courtesy of CRMLS

    Built in 1899 by architects James & Merrit Reid, this beautiful Penthouse in the Douglas Building is located in the vibrant Old Bank District of DTLA. This spacious unit features a great fusion of old & new w/ hwd floors, soaring 23' ceilings, exposed brick walls, & an entire wall of original, restored double-hung windows that allow plenty of natural light. The modern Poggen Pohl kitchen comes w/ Bosch stainless appliances & views of City Hall & mountains beyond. This unit offers a separate BD area and BR, oversized LR w/ potential for 2nd BD, & a spiral staircase up to the loft & BR. Both large full BR are Waterworks BR w/ deep soaking tubs. W/ its Historical Designation, the Douglas Building qualifies for Mills Act tax savings for significant property tax reduction. This unit also comes w/ stackable washer/dryer & 1 secured underground pkg space. 2 blocks from the Metro Station & Grand Central Market, restaurants, galleries, farmer's market & Flea Market.

  • April, 2014

  • Apr 4, 2014

    Date

    Sold (Public Records)

    Public Records

    $715,000

    Price

  • October, 2005

  • Oct 14, 2005

    Date

    Sold (Public Records)

    Public Records

    $590,000

    Price

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Tax History for 257 S Spring St #C

Assessed Value (2020): $292,000
Year Land Value Improved Value Assessed Value
2020 $58,400 $233,600 $292,000

Home Value Compared to the Market

This property vs the competition

257 S Spring St #C sold on February 1, 2023 for 18.57% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $698.63 per/sqft which puts the price per square foot 7.47% lower than the current median sale per square foot for the city of Los Angeles.

About 257 S Spring St #C

Detailed summary of property

257 S Spring St #C is a condominium that recently sold in Los Angeles, CA 90012. This condo offered 1 bedrooms, 2.5 bathrooms, roughly 1,387 living square feet, and sits on an approximately 28,817 square foot lot. 257 S Spring St #C was first listed on ArdentRealEstateGroup.com on October 7, 2022. The homeowner sold the property for $925,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 18.57% lower than the current median priced home. Local homes that are currently for sale include 812 S Spring St #2, 655 S Hope St #1605 and 629 Traction Ave #421. This home does have a Homeowners Association and the monthly fee is $637 per month. While the average home in Los Angeles, CA is selling in 96 days, 257 S Spring St #C has a days on market of 87 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 257 S Spring St #C 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 #C

Public county record property details
Beds
2
Baths
2
Year built
1899
Sq. Ft.
1,387
Lot Size
28,817
Stories
--
Type
Condominium Unit (Residential)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5149-008-078

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
$462,500
Median Sold Price/Sq.Ft.
$610
Total Inventory
50
Median Sale to List Price %
92.69%
Avg Days on Market
97
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (50%), Other (0%)

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Related Resources to 257 S Spring St #C

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.