416 S Spring St #409, Los Angeles, CA 90013
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416 S Spring St #409 Los Angeles, CA 90013

$779,000
  • 2 Beds
  • 2 Baths
  • 1,394 Sq.Ft.
For Sale
$779,000 Get Pre-Qualified

Map preview of 416 S Spring St #409, Los Angeles, CA 90013

Property Overview: 416 S Spring St #409 Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,394 living square feet and 10,337 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Experience the epitome of urban living in this 2-bed, 2-bath loft in the historic El Dorado Lofts in Downtown Los Angeles's Historic Core. Within a spectacular 1914 building, overlooking Spring Street and Spring Street Park, this residence seamlessly blends modern luxury with historic charm. The kitchen features Stainless Steel Bosch appliances, Snaidero Italian cabinetry, and a custom island with storage and seating. Enjoy deep soaking tubs in the bathrooms, a ventless washer and dryer inside the unit, ample storage, including a walk in closet, and 2 balconies. The building's MILLS ACT designation offers significant property tax savings. This loft presents a unique opportunity to own a piece of LA history while enjoying contemporary comforts. The building's convenient location makes it simple to access the Metro's new Historic Broadway station. Schedule a showing and embrace the eclectic and vibrant downtown lifestyle!

Listed by Mark Mintz | BRE #01859203 | Compass
Last checked: 15 minutes ago | Last updated: August 7th, 2024 | Source CRMLS | DOM: 57
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Home details

Lot Sq. Ft
10,337
HOA Dues
$1012/mo
Year built
1914
Garage
2 Car
Property Type:
Other
Status
Active
MLS#
24411207
City
Los Angeles
County
Los Angeles
Time on Site
60 days

Open Houses for 416 S Spring St #409

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Property Details for 416 S Spring St #409

Interior Features
Heating Information
  • Has Heating
  • Zoned
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Inside, In Closet
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Kitchen
  • Flooring: Tile, Wood
  • Primary Bathroom, Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator, Electric Oven, Gas Cooktop
  • Remodeled Kitchen, Kitchen Island
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, Guarded
  • Door Features: Sliding Doors
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 Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Assigned, Tandem Garage
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 65
  • Parcel Number: 5149038018
  • Entry Level: 4
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Fee: $1,012 (Monthly)
  • Association Amenities: Controlled Access
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: South on Spring. East side of the street.
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Sale History for 416 S Spring St #409

Last leased for $3,700 on August 1st, 2019
  • July, 2024

  • Jul 9, 2024

    Date

    Active

    CRMLS: 24411207

    $799,000

    Price

  • August, 2019

  • Aug 2, 2019

    Date

    Leased

    CRMLS: 19464798

    $3,700

    Price

  • Jun 17, 2019

    Date

    Price Change

    CRMLS: 19464798

    $3,800

    Price

  • May 12, 2019

    Date

    Active

    CRMLS: 19464798

    $3,900

    Price

  • Listing provided courtesy of CRMLS

    For lease is unit #409 in the coveted El Dorado Lofts. One of 65 luxury residences located in the Old Bank District in DTLA's Historic Core, offering the best of what downtown living has to offer. This south facing unit enjoys fantastic light throughout the year. Overlooking the convenient, pet friendly Spring St. Park, residents enjoy impressive views of bustling Spring St. from TWO large balconies, one off the living room and one off the master bedroom. The unit makes great use of its approx. 1,300 SF of living space, offering 2 bedrooms & 2 bathrooms, (Master w/ en suite & walk-in closet), a large, open floor plan with eat-in kitchen, ventless washer & dryer, AC/heat & ample storage throughout. The kitchen comes equipped with high-end appliances, black granite counter tops, a center island and deep basin sink. This dramatic unit is accented by exposed concrete walls and beams, wood floors and upgraded lighting. It also includes is a single, secure parking spot in the adjacent lot.

  • September, 2018

  • Sep 27, 2018

    Date

    Leased

    CRMLS: 18339186

    $3,500

    Price

  • Aug 5, 2018

    Date

    Price Change

    CRMLS: 18339186

    $3,500

    Price

  • Jul 3, 2018

    Date

    Price Change

    CRMLS: 18339186

    $3,800

    Price

  • Jun 29, 2018

    Date

    Price Change

    CRMLS: 18339186

    $4,000

    Price

  • Jun 29, 2018

    Date

    Price Change

    CRMLS: 18339186

    $3,800

    Price

  • May 1, 2018

    Date

    Active

    CRMLS: 18339186

    $4,000

    Price

  • Listing provided courtesy of CRMLS

    In the center of DTLA's Historic Core, The El Dorado Lofts was originally built in 1913 by financier Stowell as a luxury hotel before its current incarnation as a boutique collection of lofts, located within The Old Bank District and in the center of a progressive Historic Core neighborhood offering an array of dining and entertainment choices; this unique #409 is a beautiful 2 bedroom loft with 2 full bathrooms at approximately 1,260 square feet. Architectural details include wood floors throughout, exposed concrete walls and beams, upgraded lighting fixtures, state-of-the-art kitchen with black granite counters, stainless steel appliances, deep soaking tubs, ventless washer/dryer, huge walk-in closet, additional closets (storage galore which is uncommon for loft spaces) and TWO walk-out balconies with serene treetop views and stunning views of historic Spring St and Spring St Park ( pet friendly ).

  • March, 2015

  • Mar 26, 2015

    Date

    Sold (Public Records)

    Public Records

    $775,000

    Price

  • March, 2015

  • Mar 26, 2015

    Date

    Sold

    CRMLS: P0-315000763

    $775,000

    Price

  • Jan 24, 2015

    Date

    Active

    CRMLS: P0-315000763

    $775,000

    Price

  • Listing provided courtesy of CRMLS

    Located in the center of DTLA's Historic Core, El Dorado Lofts offer the exclusivity of only 65 private residences filled with rich history and stylish, high quality finishes. Unit 409 is a beautiful 2-bedroom loft with 2 full bathrooms at approximately 1,394 square feet, per Builder. This loft includes built-in stainless steel Bosch appliances, Snaidero Italian cabinets, granite countertops, added island w/ additional storage, under-cabinet lighting, Franke stainless steel dual-basin kitchen sink, deep soaking tubs, ventless washer/dryer, pre-wired for speakers and surround sound, huge walk-in closet, coat closet and linen closet with built-in shelves(storage galore for a loft) and TWO walk-out balconies with stunning views of historic Spring St and Spring St Park. Plus, Mills Act approved, for huge tax savings.

  • August, 2010

  • Aug 26, 2010

    Date

    Sold (Public Records)

    Public Records

    $472,500

    Price

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Tax History for 416 S Spring St #409

Assessed Value (2020): $265,000
Year Land Value Improved Value Assessed Value
2020 $53,000 $212,000 $265,000

Home Value Compared to the Market

This property vs the competition

416 S Spring St #409 is listed 35.03% lower than the median list price for the city of Los Angeles which has a median list price of $1,199,000. The median price per/sqft for Los Angeles is $765 and this home is listed at $558.82 per/sqft which puts the price per square foot 26.95% lower than the median price per square foot for the city of Los Angeles.

About 416 S Spring St #409

Detailed summary of property

416 S Spring St #409 is a other located in Los Angeles, CA 90013 and is currently for sale. This property offers 2 bedrooms, 2 bathrooms, roughly 1,394 living square feet, and sits on an approximately 10,337 square foot lot. 416 S Spring St #409 was first listed on ArdentRealEstateGroup.com on July 9, 2024. The homeowner is currently asking $779,000 and was originally asking $799,000. The median priced home in Los Angeles is $1,199,000 with a median price per square foot of $765. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 35.03% lower than the median priced home. Local competing homes currently for sale include 5718 E Beverly Blvd, 11111 Wilmington Ave and 657-655 N Mentor Ave. This home does have a Homeowners Association and the monthly fee is $1,012 per month. While the average home in Los Angeles, CA is selling in 106 days, 416 S Spring St #409 has a days on market of 57 days. There are currently 3972 homes for sale in the Los Angeles real estate market and 2715 of them are single family homes while 1139 of them are condos and 113 are townhomes. For more information on this home for sale at 416 S Spring St #409 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 #409

Public county record property details
Beds
--
Baths
--
Year built
1914
Sq. Ft.
1,260
Lot Size
10,333
Stories
--
Type
Apartments (Generic)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5149-038-018

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
$530,000
Median List Price/Sq.Ft.
$669
Median Sold Price
$725,000
Median Sold Price/Sq.Ft.
$740
Total Inventory
54
Median Sale to List Price %
98.64%
Avg Days on Market
33
Loan Type
Conventional (25%), FHA (0%), VA (0%), Cash (0%), Other (25%)

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Related Resources to 416 S Spring St #409

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.