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416 S Spring St #809, Los Angeles, CA 90013
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416 S Spring St #809 Los Angeles, CA 90013

$730,000 Sold Price as of 04/26/2023
  • 2 Beds
  • 2 Baths
  • 1,300 Sq.Ft.
Sold
$730,000 Sold Price as of 04/26/2023 Refinance Your Mortgage
Map preview of 416 S Spring St #809, Los Angeles, CA 90013

Property Overview: 416 S Spring St #809 Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,300 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: Low property taxes via a Mills Act contract is only one of the incredible perks that come with this huge true 2 bedroom unit in the renowned El Dorado building. Constructed in 1914 as the Hotel Stowell and then later renamed the El Dorado Hotel in 1938, the building was then converted into open lofts in 2010. The building and unit, with its flexible floor plan, retain much of their original historic charm and perfectly marry timeless & romantic Downtown Los Angeles with modern day comforts and amenities. A restored 1898 solid wooden door and original concrete beams are just some of the unique hallmarks of this classic space. Upon conversion, the unit was completely revamped with Snaidero kitchen and bathroom cabinetry, Bosch appliances, in-unit stackable laundry, HVAC, and a spacious island for easy entertaining. This 2/br 2/ba unit is also incredibly bright with windows on three sides. The two separate balconies boast stunning views overlooking Spring Street Park, the historic core and beyond. This building is in the heart of walkable DTLA, just steps from amenities such as Le Petit Paris, The Last Bookstore, Grand Central Market, Buzz Wine & Beer, Spring Street Arcade and so much more. Two side-by-side garage parking spaces are included. This home is perfect for anyone who doesn't want to sacrifice size, style, property condition or amenities. Come see this incredible value in one of the most walkable pockets of DTLA.

Listed by Benjamin Kahle | BRE #01951554 | Compass
Co-listed by Rachel Staman | BRE #02118950 | Compass
Last checked: 11 minutes ago | Last updated: June 5th, 2023 | Source CRMLS | DOM: 16

Home details

Lot Sq. Ft
10,334
HOA Dues
$951/mo
Year built
1914
Garage
--
Property Type:
Condominium
Status
Sold
MLS#
23247751
City
Los Angeles
County
Los Angeles
Time on Site
412 days

Property Details for 416 S Spring St #809

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, In Closet
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Eating Area: Dining Room
  • Living Room, Loft, Master Bathroom
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator, Gas Range, Oven, Gas Oven, Gas Cooktop, Range, Range Hood
  • Kitchen Island, Remodeled Kitchen
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 Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage - Two Door, Off Site
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 65
  • Parcel Number: 5149038042
  • Entry Level: 8
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Fee: $951 (Monthly)
Location / Neighborhood
Location Information
  • Directions: 5th to Spring
View more facts & features

Local Los Angeles Agent

Sale History for 416 S Spring St #809

Last sold for $730,000 on April 26th, 2023

  • April, 2023

  • Apr 26, 2023

    Date

    Sold

    CRMLS: 23247751

    $730,000

    Price

  • Mar 8, 2023

    Date

    Active

    CRMLS: 23247751

    $749,000

    Price

  • February, 2023

  • Feb 10, 2023

    Date

    Expired

    CRMLS: 22209415

    $3,799

    Price

  • Oct 17, 2022

    Date

    Active

    CRMLS: 22209415

    $3,990

    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. The highly desirable corner unit faces South and features 2 private step out balconies, hardwood floors, exposed beams, accent concrete walls and high ceilings. Views, views, views! Natural light emanates throughout. Unique with 2 completely enclosed bedrooms w/ walk-in closets, which is rare for a Downtown LA loft. 2 spacious bathrooms w/ deep soaking tubs. An open concept living room and kitchen. Washer and dryer in unit and plenty of storage space. Unwind after work at the Piano Bar downstairs, The Stowaway. Once home to Charlie Chaplin, the building is listed on the National Register of Historic Places. 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. Parking is a separate fee of $450 for 2 parking spaces (side-by-side) in the parking garage behind the building.

  • February, 2023

  • Feb 3, 2023

    Date

    Canceled

    CRMLS: 22188183

    $789,000

    Price

  • Aug 9, 2022

    Date

    Active

    CRMLS: 22188183

    $875,000

    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. The highly desirable corner unit faces South and features 2 private step out balconies, hardwood floors, exposed beams, accent concrete walls and high ceilings. Views, views, views! Natural light emanates throughout. Unique with 2 completely enclosed bedrooms w/ walk-in closets, which is rare for a Downtown LA loft. 2 spacious bathrooms w/ deep soaking tubs. An open concept living room and kitchen. Washer and dryer in unit and plenty of storage space. Unwind after work at the Piano Bar downstairs, The Stowaway. 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. 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. Parking is a separate fee of $450 for 2 parking spaces (side-by-side) in the parking garage behind the building.

  • July, 2022

  • Jul 1, 2022

    Date

    Canceled

    CRMLS: 22163663

    $875,000

    Price

  • Jun 2, 2022

    Date

    Active

    CRMLS: 22163663

    $875,000

    Price

  • Listing provided courtesy of CRMLS

    Live in an architectural gem and piece of LA history. Originally built in 1914 as a hotel in the Old Bank District. 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. El Dorado lofts is a sophisticated boutique condo building. Be greeted by beautiful turn-of-the-century terracotta and a green glazed brick facade. The highly desirable corner unit faces South and features hardwood floors, exposed beams, accent concrete walls and high ceilings. Natural light emanates throughout. Unique with 2 completely enclosed bedrooms w/ walk-in closets, which is rare for a Downtown LA loft. 2 spacious bathrooms w/ deep soaking tubs. 2 walk-out balconies offering spectacular views overlooking Spring Street Park and the Historic Core. An open concept living room and kitchen. Washer and dryer in unit and plenty of storage space. 24/7 security attendant. 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, concert halls and coffee shops. Easily accessible to public transportation. Downtown LA is a destination for art, culture, and entertainment.

  • March, 2022

  • Mar 28, 2022

    Date

    Canceled

    CRMLS: SB22045444

    $799,900

    Price

  • Mar 7, 2022

    Date

    Active

    CRMLS: SB22045444

    $799,900

    Price

  • Listing provided courtesy of CRMLS

    Live in an architectural and historic gem with the Mills Act! Originally built in 1914 as a hotel in the Old Bank District, El Dorado lofts is a sophisticated boutique condo building. This unit features hardwood floors, exposed concrete walls, and generous natural light from the windows on three sides. There are 2 fully-enclosed real bedrooms, each with a walk-in closet (and there are two more closets in the main living area!). Each of the 2 full bathrooms has a fantastic deep soaking tub. The living room and the primary bedroom each have a large balcony overlooking Spring Street Park with views of the Downtown skyline. Washer and dryer are in-unit and the HOA fee includes 2 side-by-side parking spaces. The Mills Act provides huge property tax savings. Don't miss this amazing location in the heart of Downtown, close to restaurants, parks, cultural amenities, and public transportation. The unit is currently subject to a lease expiring 7/31/2022.

  • February, 2022

  • Feb 22, 2022

    Date

    Canceled

    CRMLS: SB22016300

    $849,000

    Price

  • Jan 26, 2022

    Date

    Active

    CRMLS: SB22016300

    $849,000

    Price

  • Listing provided courtesy of CRMLS

    Live in an architectural and historic gem with the Mills Act! Originally built in 1914 as a hotel in the Old Bank District, El Dorado lofts is a sophisticated boutique condo building. This unit features hardwood floors, exposed concrete walls, and generous natural light from the windows on three sides. There are 2 fully-enclosed real bedrooms, each with a walk-in closet (and there are two more closets in the main living area!). Each of the 2 full bathrooms has a fantastic deep soaking tub. The living room and the primary bedroom each have a large balcony overlooking Spring Street Park with views of the Downtown skyline. Washer and dryer are in-unit and the HOA fee includes 2 side-by-side parking spaces. The Mills Act provides huge property tax savings. Don't miss this amazing location in the heart of Downtown, close to restaurants, parks, cultural amenities, and public transportation. The unit is currently subject to a lease expiring 7/31/2022.

  • July, 2021

  • Jul 28, 2021

    Date

    Leased

    CRMLS: 21744324

    $3,550

    Price

  • Jun 24, 2021

    Date

    Price Change

    CRMLS: 21744324

    $3,550

    Price

  • Jun 3, 2021

    Date

    Active

    CRMLS: 21744324

    $3,700

    Price

  • Listing provided courtesy of CRMLS

    Live in an architectural and historic gem. Originally built in 1914 as a hotel in the Old Bank District, El Dorado lofts is a sophisticated boutique condo building. Beautiful turn-of-the-century terracotta facade. The corner unit faces South and features hardwood floors, exposed concrete walls and high ceilings. Natural light emanates throughout. Unique with 2 actually enclosed bedrooms w/ walk-in closets, which is rare for a Downtown LA loft. 2 bathrooms w/ deep soaking tubs. 2 walk-out balconies offering spectacular views of the Historic Core and Spring St Park. An open concept living room and kitchen. Washer and dryer in unit and plenty of storage space. 2 side-by-side parking spaces. 24/7 security attendant. A stone's throw away from Grand Central Market, fine dining, entertainment, museums, concert halls and coffee shops. Easily accessible to public transportation. Downtown LA is destination for art, culture, and entertainment.

  • November, 2010

  • Nov 30, 2010

    Date

    Sold (Public Records)

    Public Records

    $485,000

    Price

Show More

Tax History for 416 S Spring St #809

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 #809 sold on April 26, 2023 for 28.67% 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 $576.15 per/sqft which puts the price per square foot 21.93% lower than the current median sale per square foot for the city of Los Angeles.

About 416 S Spring St #809

Detailed summary of property

416 S Spring St #809 is a condominium that recently sold in Los Angeles, CA 90013. This condo offered 2 bedrooms, 2 bathrooms, roughly 1,300 living square feet, and sits on an approximately 10,334 square foot lot. 416 S Spring St #809 was first listed on ArdentRealEstateGroup.com on March 8, 2023. The homeowner sold the property for $730,000. 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 28.67% lower than the current median priced home. Local homes that are currently for sale include 630 W 6th St #505, 630 W 6th St #302 and 315 E 8th St #1002. This home does have a Homeowners Association and the monthly fee is $951 per month. While the average home in Los Angeles, CA is selling in 97 days, 416 S Spring St #809 has a days on market of 16 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 416 S Spring St #809 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 #809

Public county record property details
Beds
--
Baths
--
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
5149-038-042

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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(714) 706-1823

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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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