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416 S Spring St #610, Los Angeles, CA 90013
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416 S Spring St #610 Los Angeles, CA 90013

$375,000 Sold Price as of 02/11/2021
  • 1 Beds
  • 1 Baths
  • 780 Sq.Ft.
Sold
$375,000 Sold Price as of 02/11/2021 Refinance Your Mortgage
Map preview of 416 S Spring St #610, Los Angeles, CA 90013

Property Overview: 416 S Spring St #610 Los Angeles, CA has 1 bedrooms, 1 bathrooms, 780 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: BEST PRICED UNIT! SUPER MOTIVATED SELLER! Timeless elegance blending with modern living is the epitome of the El Dorado Lofts. In addition to the grand exterior of green glazed brick and the rich golden tones of original Batchelder tiles which adorn the interior walls and lobby, this building is truly a historical gem. This large 1 bed / 1 bath smartly designed open space includes wood flooring, exposed concrete walls / beams upgraded lighting, state of the art kitchen with granite counters, stainless steel appliances and custom subway bathroom tiles. Add the Mills Act Property Tax Savings (average 65% savings over non historic), location in the Heart of DTLA with only 6 units per floor, record low interest rates : more than a few reasons to take a peek. Open Houses and appts. require all persons to sign PEAD forms prior to entry including the wearing of protective gear by yourselves. Ask for virtual video...

Listed by Tiffany Gatto | BRE #01822601 | Smart LA Realty
Last checked: 5 minutes ago | Last updated: October 13th, 2021 | Source CRMLS | DOM: 268

Home details

Lot Sq. Ft
10,334
HOA Dues
$720/mo
Year built
1914
Garage
--
Property Type:
Condominium
Status
Sold
MLS#
20564928
City
Los Angeles
County
Los Angeles
Time on Site
1206 days

Virtual Tour

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

Property Details for 416 S Spring St #610

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Loft
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
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Property Information
  • Has View
  • View: City Lights
  • Parcel Number: 5149038031
  • Year Built Source: Builder
  • Entry Level: 6
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Fee: $720 (Frequency Unknown)
Location / Neighborhood
Location Information
  • Directions: In Downtown Los Angeles, located on Spring Street just off of 4th Street / Next door to the Spring Street Park
View more facts & features

Local Los Angeles Agent

Sale History for 416 S Spring St #610

Last sold for $375,000 on February 11th, 2021

  • July, 2021

  • Jul 28, 2021

    Date

    Active

    CRMLS: SR21164624

    $569,000

    Price

  • Listing provided courtesy of CRMLS

    El Dorado Lofts offers the exclusivity of only 65 private residences. An urban sanctuary and a piece of living history in DTLA. We offer you a beautifully designed condo with excellent architectural details. This property was originally built in 1914 as a hotel in the Old Bank District, and now the El Dorado Lofts were remodeled into a magnificent mixture of classical architecture and modern living in 2010. It is registered as a Historic Cultural Monument with Mills Act Status which provides 60 to 70% property tax benefits to the next owner. It depicts timeless elegance blended with modern living. Centrally located in the heart of DTLA. Large closet space/pantry, in unit laundry. From Spring St. Park, La Petit, Bar Ama, Grand Central Market, fine dining, entertainment, museums, concert halls, upcoming Trust Building, Cambria Hotel, Citizen M Hotel & easy access to public transportation. Tastefully located in a community of art, culture and entertainment.

  • February, 2021

  • Feb 11, 2021

    Date

    Sold

    CRMLS: 20564928

    $375,000

    Price

  • Dec 11, 2020

    Date

    Active Under Contract

    CRMLS: 20564928

    $399,999

    Price

  • Oct 12, 2020

    Date

    Price Change

    CRMLS: 20564928

    $399,999

    Price

  • Aug 27, 2020

    Date

    Active

    CRMLS: 20564928

    $425,000

    Price

  • Aug 10, 2020

    Date

    Active Under Contract

    CRMLS: 20564928

    $425,000

    Price

  • May 28, 2020

    Date

    Price Change

    CRMLS: 20564928

    $425,000

    Price

  • Mar 18, 2020

    Date

    Active

    CRMLS: 20564928

    $465,000

    Price

  • February, 2021

  • Feb 9, 2021

    Date

    Sold (Public Records)

    Public Records

    $375,000

    Price

  • March, 2020

  • Mar 12, 2020

    Date

    Canceled

    CRMLS: PF20024725

    $440,000

    Price

  • Mar 4, 2020

    Date

    Price Change

    CRMLS: PF20024725

    $440,000

    Price

  • Feb 4, 2020

    Date

    Active

    CRMLS: PF20024725

    $460,000

    Price

  • Listing provided courtesy of CRMLS

    Located in the stylish EL DORADO BUILDING, this Loft Style layout is surrounded by the exciting dining & entertainment scene of DLTA. The EL DORADO BUILDING IS designated A HISTORIC LANDMARK and falls under THE MILLS ACT! THE MILLS ACT applies to THOUSANDS OF DOLLARS IN SAVINGS TOWARDS PROPERTY TAXES EVERY YEAR, which can help offset the HOA fee. This amazing loft is conveniently located blocks from GRAND CENTRAL MARKET, WHOLE FOODS, ART GALLERIES & the PERSHING SQUARE TRAIN STATION. THIS LOCATION IS SECOND TO NONE, offering tranquility in city with the PET FRIENDLY SPRING STREET CITY PARK right next door. If that wasn't enough, the El Dorado Lofts sits above the 5 * Le Petit Paris Gourmet Restaurant, as well as the El Dorado lounge in the basement. Again, Designated a Historic Landmark, the EL DORADO HAS THE MILLS ACT STATUS, providing you with TREMENDOUS REAL ESTATE PROPERTY TAX SAVINGS!! Enjoy on site security & two reserved parking spots (additional cost) This is the perfect place to live out your Downtown dreams!

  • February, 2020

  • Feb 1, 2020

    Date

    Expired

    CRMLS: PF19180703

    $460,000

    Price

  • Jan 4, 2020

    Date

    Active

    CRMLS: PF19180703

    $460,000

    Price

  • Dec 30, 2019

    Date

    Active Under Contract

    CRMLS: PF19180703

    $460,000

    Price

  • Dec 11, 2019

    Date

    Price Change

    CRMLS: PF19180703

    $460,000

    Price

  • Sep 11, 2019

    Date

    Price Change

    CRMLS: PF19180703

    $499,000

    Price

  • Jul 31, 2019

    Date

    Price Change

    CRMLS: PF19180703

    $510,000

    Price

  • Jul 31, 2019

    Date

    Active

    CRMLS: PF19180703

    $525,000

    Price

  • Listing provided courtesy of CRMLS

    Located in the stylish EL DORADO BUILDING, this Loft Style layout is surrounded by the exciting dining & entertainment scene of DLTA. The EL DORADO BUILDING IS designated A HISTORIC LANDMARK and falls under THE MILLS ACT! THE MILLS ACT applies to THOUSANDS OF DOLLARS IN SAVINGS TOWARDS PROPERTY TAXES EVERY YEAR, which can help offset the HOA fee. This amazing loft is conveniently located blocks from GRAND CENTRAL MARKET, WHOLE FOODS, ART GALLERIES & the PERSHING SQUARE TRAIN STATION. THIS LOCATION IS SECOND TO NONE, offering tranquility in city with the PET FRIENDLY SPRING STREET CITY PARK right next door. If that wasn't enough, the El Dorado Lofts sits above the 5 * Le Petit Paris Gourmet Restaurant, as well as the El Dorado lounge in the basement. Again, Designated a Historic Landmark, the EL DORADO HAS THE MILLS ACT STATUS, providing you with TREMENDOUS REAL ESTATE PROPERTY TAX SAVINGS!! Enjoy on site security & two reserved parking spots (additional cost) This is the perfect place to live out your Downtown dreams!

  • July, 2019

  • Jul 30, 2019

    Date

    Canceled

    CRMLS: WS19027946

    $525,000

    Price

  • Jun 18, 2019

    Date

    Price Change

    CRMLS: WS19027946

    $525,000

    Price

  • Feb 6, 2019

    Date

    Active

    CRMLS: WS19027946

    $550,000

    Price

  • Listing provided courtesy of CRMLS

    Located in the stylish EL DORADO BUILDING, this Loft Style layout is surrounded by the exciting dining & entertainment scene of DLTA. The EL DORADO BUILDING IS designated A HISTORIC LANDMARK and falls under THE MILLS ACT! THE MILLS ACT applies to THOUSANDS OF DOLLARS IN SAVINGS TOWARDS PROPERTY TAXES EVERY YEAR, which can help offset the HOA fee. This amazing loft is conveniently located blocks from GRAND CENTRAL MARKET, WHOLE FOODS, ART GALLERIES & the PERSHING SQUARE TRAIN STATION. THIS LOCATION IS SECOND TO NONE, offering tranquility in city with the PET FRIENDLY SPRING STREET CITY PARK right next door. If that wasn't enough, the El Dorado Lofts sits above the 5* Le Petit Paris Gourmet Restaurant, as well as the El Dorado lounge in the basement. Again, Designated a Historic Landmark, the EL DORADO HAS THE MILLS ACT STATUS, providing you with TREMENDOUS REAL ESTATE PROPERTY TAX SAVINGS!! Enjoy on site security & two reserved parking spots (additional cost) This is the perfect place to live out your Downtown dreams!

  • December, 2011

  • Dec 27, 2011

    Date

    Sold (Public Records)

    Public Records

    $260,000

    Price

Show More

Tax History for 416 S Spring St #610

Assessed Value (2020): $190,000
Year Land Value Improved Value Assessed Value
2020 $38,000 $152,000 $190,000

Home Value Compared to the Market

This property vs the competition

416 S Spring St #610 sold on February 11, 2021 for 66.39% 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 $512.82 per/sqft which puts the price per square foot 32.08% lower than the current median sale per square foot for the city of Los Angeles.

About 416 S Spring St #610

Detailed summary of property

416 S Spring St #610 is a condominium that recently sold in Los Angeles, CA 90013. This condo offered 1 bedrooms, 1 bathrooms, roughly 780 living square feet, and sits on an approximately 10,334 square foot lot. 416 S Spring St #610 was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $375,000. 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 66.39% lower than the current median priced home. Local homes that are currently for sale include 420 S San Pedro St #307, 420 S San Pedro St #402 and 630 W 6th St #215. This home does have a Homeowners Association and the monthly fee is $720 per month. While the average home in Los Angeles, CA is selling in 96 days, 416 S Spring St #610 has a days on market of 268 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 416 S Spring St #610 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 #610

Public county record property details
Beds
--
Baths
--
Year built
1914
Sq. Ft.
780
Lot Size
10,333
Stories
--
Type
Apartments (Generic)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5149-038-031

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%)

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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