416 S Spring St #306, Los Angeles, CA 90013
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416 S Spring St #306 Los Angeles, CA 90013

$535,000 Sold Price as of 10/16/2023
  • 1 Beds
  • 2 Baths
  • 1,030 Sq.Ft.
Sold
$535,000 Sold Price as of 10/16/2023 Refinance Your Mortgage

Map preview of 416 S Spring St #306, Los Angeles, CA 90013

Property Overview: 416 S Spring St #306 Los Angeles, CA has 1 bedrooms, 2 bathrooms, 1,030 living square feet and 10,334 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: HUGE PRICE REDUCTION! Rich in architectural details, stunning and historic. Live in the heart of the City at El Dorado Lofts. Be greeted by beautiful turn-of-the-century terracotta and a green glazed brick facade. Built in 1914 and once home to Charlie Chaplin, the building is listed on the National Register of Historic Places. The building is Mills Act approved, allowing owners to receive a reduction in property taxes.The highly desirable corner unit faces South and West. Wow-factor floor-to-ceiling sliding balcony doors w/ 2 private step out balconies offering unique and expansive views of the Historic Core. Hardwood floors, exposed cement beams, accent concrete walls and high ceilings. Natural light emanates throughout. Unique with a completely enclosed bedroom, which is rare for a Downtown LA loft. 2 spacious bathrooms. An open concept living room and kitchen. Washer and dryer in unit and plenty of storage space. Comfort and privacy in the most lively & diverse neighborhood in the U.S. Unwind after work at the Piano Bar downstairs, the Stowaway. A stone's throw away from Grand Central Market, the Last Bookstore and plenty of fine dining options, museums, and concert halls. Easily accessible to public transportation. Downtown LA is a destination for art, culture, and entertainment.

Listed by Alma Lam | BRE #01926963 | eXp Realty of California Inc
Last checked: 3 minutes ago | Last updated: October 17th, 2023 | Source CRMLS | DOM: 67

Home details

Lot Sq. Ft
10,334
HOA Dues
$901/mo
Year built
1914
Garage
--
Property Type:
Condominium
Status
Sold
MLS#
23288179
City
Los Angeles
County
Los Angeles
Time on Site
303 days

Property Details for 416 S Spring St #306

Interior Features
Heating Information
  • Has Heating
  • Electric
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, In Closet
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood
  • Loft, Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Levels: One
  • Security Features: Card/Code Access
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 66
  • Parcel Number: 5149038009
  • Entry Level: 3
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Fee: $901 (Monthly)
  • Association Amenities: Controlled Access
Location / Neighborhood
Location Information
  • Directions: On Spring St. between 4th St. and 5th St.
View more facts & features

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Sale History for 416 S Spring St #306

Last sold for $535,000 on October 16th, 2023
  • October, 2023

  • Oct 16, 2023

    Date

    Sold

    CRMLS: 23288179

    $535,000

    Price

  • Jul 7, 2023

    Date

    Active

    CRMLS: 23288179

    $629,000

    Price

  • July, 2023

  • Jul 5, 2023

    Date

    Canceled

    CRMLS: 23260627

    $634,000

    Price

  • Apr 14, 2023

    Date

    Active

    CRMLS: 23260627

    $659,000

    Price

  • Listing provided courtesy of CRMLS

    Rich in architectural details, stunning and historic. Live in the heart of the City at El Dorado Lofts. Be greeted by beautiful turn-of-the-century terracotta and a green glazed brick facade. Built in 1914 and once home to Charlie Chaplin, the building is listed on the National Register of Historic Places. The building is Mills Act approved, allowing owners to receive a reduction in property taxes.The highly desirable corner unit faces South and West. Wow-factor floor-to-ceiling sliding balcony doors w/ 2 private step out balconies offering unique and expansive views of the Historic Core. Hardwood floors, exposed cement beams, accent concrete walls and high ceilings. Natural light emanates throughout. Unique with a completely enclosed bedroom, which is rare for a Downtown LA loft. 2 spacious bathrooms. An open concept living room and kitchen. Washer and dryer in unit and plenty of storage space. Comfort and privacy in the most lively & diverse neighborhood in the U.S. Unwind after work at the Piano Bar downstairs, the Stowaway. A stone's throw away from Grand Central Market, the Last Bookstore and plenty of fine dining options, museums, and concert halls. Easily accessible to public transportation. Downtown LA is a destination for art, culture, and entertainment.

  • December, 2010

  • Dec 15, 2010

    Date

    Sold (Public Records)

    Public Records

    $395,000

    Price

Show More

Tax History for 416 S Spring St #306

Assessed Value (2020): $217,000
Year Land Value Improved Value Assessed Value
2020 $43,400 $173,600 $217,000

Home Value Compared to the Market

This property vs the competition

416 S Spring St #306 sold on October 16, 2023 for 53.87% 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 $533.01 per/sqft which puts the price per square foot 29.4% lower than the current median sale per square foot for the city of Los Angeles.

About 416 S Spring St #306

Detailed summary of property

416 S Spring St #306 is a condominium that recently sold in Los Angeles, CA 90013. This condo offered 1 bedrooms, 2 bathrooms, roughly 1,030 living square feet, and sits on an approximately 10,334 square foot lot. 416 S Spring St #306 was first listed on ArdentRealEstateGroup.com on July 8, 2023. The homeowner sold the property for $535,000. 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 53.87% lower than the current median priced home. Local homes that are currently for sale include 460 S Spring St #816, 312 W 5th St #522 and 312 W 5th St #707. This home does have a Homeowners Association and the monthly fee is $901 per month. While the average home in Los Angeles, CA is selling in 94 days, 416 S Spring St #306 has a days on market of 67 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 416 S Spring St #306 Los Angeles, CA 90013 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 416 S Spring St #306

Public county record property details
Beds
--
Baths
--
Year built
1914
Sq. Ft.
1,030
Lot Size
10,333
Stories
--
Type
Apartments (Generic)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5149-038-009

The source for these homes facts are from public records.

90013 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$708,000
Median List Price/Sq.Ft.
$793
Median Sold Price
$425,000
Median Sold Price/Sq.Ft.
$644
Total Inventory
52
Median Sale to List Price %
89.47%
Avg Days on Market
58
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (25%)

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Related Resources to 416 S Spring St #306

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.