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416 S Spring St #609, Los Angeles, CA 90013
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416 S Spring St #609 Los Angeles, CA 90013

$835,000 Sold Price as of 12/14/2021
  • 2 Beds
  • 2 Baths
  • 1,394 Sq.Ft.
Sold
$835,000 Sold Price as of 12/14/2021 Refinance Your Mortgage
Map preview of 416 S Spring St #609, Los Angeles, CA 90013

Property Overview: 416 S Spring St #609 Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,394 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: An urban sanctuary and a piece of living history in DTLA! Originally built in 1914 as a hotel in the Old Bank District, the El Dorado Lofts were elegantly repurposed into a perfect blend of classical architecture and modern living in 2010. This architecturally significant building is registered as a Historic Cultural Monument with Mills Act Status providing approx. 60%-70% property tax benefits for the new owner. Unit #609 is a large and bright home with 2BD/2BA overlooking Spring Street Park. Two private balconies. Custom marble kitchen island, shelving installations by a local artist, and ample storage space. Perfect urban city views. Large closet space/pantry, in unit laundry, and 24/7 security attendant. A great walkscore with easy access to the upcoming Trust Building, Cambria Hotel, Citizen M Hotel. Steps from La Petit, Bar Ama, Grand Central Market, and the Metro Rail. Located in a community of art, culture, and entertainment. The best of DTLA!

Listed by Andrew Watkins | BRE #01478668 | KW Advisors
Last checked: 3 minutes ago | Last updated: March 18th, 2023 | Source CRMLS | DOM: 169

Home details

Lot Sq. Ft
10,334
HOA Dues
$835/mo
Year built
1914
Garage
--
Property Type:
Condominium
Status
Sold
MLS#
21735850
City
Los Angeles
County
Los Angeles
Time on Site
1064 days

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 416 S Spring St #609

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood
  • Living Room, Loft, Master Bathroom, Walk-In Closet, Great 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
  • Security Features: 24 Hour Security
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned, Permit Required
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 69
  • Parcel Number: 5149038030
  • Year Built Source: Assessor
  • Architectural Style: Contemporary
  • Entry Level: 6
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Fee: $835 (Monthly)
  • Association Amenities: Controlled Access, Security
Location / Neighborhood
Location Information
  • Directions: Corner of Spring St. and 4th Street.
View more facts & features

Local Los Angeles Agent

Sale History for 416 S Spring St #609

Last sold for $835,000 on December 14th, 2021

  • September, 2021

  • Sep 9, 2021

    Date

    Price Change

    CRMLS: 21735850

    $864,000

    Price

  • Aug 12, 2021

    Date

    Active

    CRMLS: 21735850

    $899,000

    Price

  • Aug 2, 2021

    Date

    Active Under Contract

    CRMLS: 21735850

    $899,000

    Price

  • May 27, 2021

    Date

    Active

    CRMLS: 21735850

    $899,000

    Price

  • May 24, 2021

    Date

    Coming Soon

    CRMLS: 21735850

    $899,000

    Price

  • May, 2019

  • May 15, 2019

    Date

    Leased

    CRMLS: 19444814

    $3,600

    Price

  • May 5, 2019

    Date

    Price Change

    CRMLS: 19444814

    $3,600

    Price

  • Apr 1, 2019

    Date

    Price Change

    CRMLS: 19444814

    $3,750

    Price

  • Mar 19, 2019

    Date

    Withdrawn

    CRMLS: 19444814

    $3,900

    Price

  • Mar 16, 2019

    Date

    Active

    CRMLS: 19444814

    $3,900

    Price

  • Listing provided courtesy of CRMLS

    Enjoy the vibrant community of DTLA overlooking Spring Street Park from your two private balconies in the historic, *quiet* El Dorado building. This 2 bedroom / 2 bath loft features a custom marble kitchen island, bar, and shelving installations by a local artist--more storage than you'll know what to do with! Speaker system with Sonos, Denon surround sound, large flat screen TV, and blu-ray player included. Located in the Historic Core / Old Bank District of Downtown Los Angeles, you're just blocks from Whole Foods, Grand Central Market, Disney Concert Hall, the Last Bookstore, and incredible restaurants, bars and speakeasies. 5 minutes' walk from the Pershing Square Red Line Metro Station, this is the heart of the up and coming Downtown LA scene. Onsite security & two reserved parking spots (additional cost). Come take a peek.

  • December, 2016

  • Dec 30, 2016

    Date

    Sold (Public Records)

    Public Records

    $880,000

    Price

  • March, 2015

  • Mar 19, 2015

    Date

    Sold (Public Records)

    Public Records

    $845,000

    Price

Show More

Tax History for 416 S Spring St #609

Assessed Value (2020): $273,000
Year Land Value Improved Value Assessed Value
2020 $54,600 $218,400 $273,000

Home Value Compared to the Market

This property vs the competition

416 S Spring St #609 sold on December 14, 2021 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 $591.82 per/sqft which puts the price per square foot 19.81% lower than the current median sale per square foot for the city of Los Angeles.

About 416 S Spring St #609

Detailed summary of property

416 S Spring St #609 is a condominium that recently sold in Los Angeles, CA 90013. This condo offered 2 bedrooms, 2 bathrooms, roughly 1,394 living square feet, and sits on an approximately 10,334 square foot lot. 416 S Spring St #609 was first listed on ArdentRealEstateGroup.com on May 24, 2021. The homeowner sold the property for $835,000. 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 121 S Hope St #334, 121 S Hope St #607 and 800 W 1st St #1508. This home does have a Homeowners Association and the monthly fee is $835 per month. While the average home in Los Angeles, CA is selling in 96 days, 416 S Spring St #609 has a days on market of 169 days. There are currently 3431 homes for sale in the Los Angeles real estate market and 2328 of them are single family homes while 1008 of them are condos and 90 are townhomes. For more information on this home for sale at 416 S Spring St #609 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 #609

Public county record property details
Beds
2
Baths
2
Year built
1914
Sq. Ft.
1,300
Lot Size
10,333
Stories
--
Type
Apartments (Generic)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5149-038-030

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
$725,000
Median List Price/Sq.Ft.
$769
Median Sold Price
$650,000
Median Sold Price/Sq.Ft.
$753
Total Inventory
51
Median Sale to List Price %
96.3%
Avg Days on Market
62
Loan Type
Conventional (33.33%), FHA (0%), VA (0%), Cash (0%), Other (66.67%)

Thinking of Selling?

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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.

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