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416 S Spring St #908, Los Angeles, CA 90013
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416 S Spring St #908 Los Angeles, CA 90013

$498,000
  • 1 Beds
  • 1 Baths
  • 730 Sq.Ft.
For Sale
$498,000 Get Pre-Qualified
Map preview of 416 S Spring St #908, Los Angeles, CA 90013

Property Overview: 416 S Spring St #908 Los Angeles, CA has 1 bedrooms, 1 bathrooms, 730 living square feet and 10,334 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: Welcome to Unit 908 at the El Dorado Lofts! Unit 908 is located in the Historic Old Bank District, a vibrant neighborhood filled with an ever-growing array of restaurants, theaters, art galleries, and shops. The building was built in 1914 as the Hotel Stowell where Charlie Chaplin once lived and then later renamed the El Dorado Hotel in 1938. As you enter the unit, you’ll notice the entry way features authentic 1898 solid wood doors with replicated hardware. The bedroom area offers privacy with walls and two large wardrobe cabinets that are included with the sale. The kitchen includes granite countertops, honey Snaidero Italian cabinets, and Bosch stainless steel appliances. The unit also include lots of storage space and in-unit LG washer/dryer combo. Grab a cup of coffee or glass of wine and enjoy the views on the balcony. Best of all, this property qualifies for The Mills Act. The Mills Act allows owners to receive a potential property tax reduction that will help offset the costs of ownership. Walking distance to the Metro Station, Financial District, Little Tokyo, Grand Central Market, and many more LA attractions!

Listed by EMILY LUU | BRE #01894176 | KW Executive
Last checked: 2 minutes ago | Last updated: December 6th, 2022 | Source CRMLS | DOM: 614
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Home details

Lot Sq. Ft
10,334
HOA Dues
$753/mo
Year built
1914
Garage
--
Property Type:
Condominium
Status
Active
MLS#
WS22151834
City
Los Angeles
County
Los Angeles
Time on Site
641 days

Open Houses for 416 S Spring St #908

No upcoming open houses

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Property Details for 416 S Spring St #908

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Dryer Included, Washer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Loft
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Range, Refrigerator
Bathroom Information
  • # of Baths (Full): 1
Interior Features
  • Levels: Multi/Split
  • Security Features: Card/Code Access, Gated Community
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Lot Information
  • Lot Size Source: Assessor
  • Common Interest: Condominium
Property Information
  • Has View
  • View: Neighborhood, Panoramic
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Total # of Units: 65
  • Parcel Number: 5149038047
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: El Dorado Lofts
  • Association Fee: $753 (Monthly)
  • Association Amenities: Maintenance Grounds, Trash, Water, Pets Permitted, Call for Rules, Guard, Security, Controlled Access, Hot Water
Utilities Information
  • Sewer: Unknown
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: Corner of Spring St. and 4th St.
Neighborhood Information
  • Community Features: Sidewalks, Suburban
View more facts & features

Local Los Angeles Agent

Sale History for 416 S Spring St #908

Last sold for $483,000 on March 30th, 2023

  • March, 2023

  • Mar 30, 2023

    Date

    Sold

    CRMLS: WS23005660

    $483,000

    Price

  • Jan 11, 2023

    Date

    Active

    CRMLS: WS23005660

    $498,000

    Price

  • Listing provided courtesy of CRMLS

  • July, 2022

  • Jul 11, 2022

    Date

    Active

    CRMLS: WS22151834

    $579,000

    Price

  • July, 2020

  • Jul 23, 2020

    Date

    Sold (Public Records)

    Public Records

    $612,500

    Price

  • May, 2019

  • May 28, 2019

    Date

    Sold

    CRMLS: 19459864

    $612,500

    Price

  • May 24, 2019

    Date

    Pending

    CRMLS: 19459864

    $612,500

    Price

  • May 11, 2019

    Date

    Active Under Contract

    CRMLS: 19459864

    $612,500

    Price

  • Apr 27, 2019

    Date

    Active

    CRMLS: 19459864

    $612,500

    Price

  • Listing provided courtesy of CRMLS

    Hip, eclectic, and architecturally impressive- this bright and sunny 1 BR / 1 BA condo is located in the chic El Dorado Lofts and offers amazing south-facing views and the best of DTLA living! Located on the 9th floor with swift access to the elevator, this unit features exposed concrete beams; wood flooring, stone counter tops, modern cabinets, and a fantastic layout with premium views (day and night)! The bedroom area offers privacy with improved walls and two, royal sized wardrobe cabinets that will stay with sale. The open concept living / dining / kitchen / balcony has a dazzling flow with multiple options for creating the very best layout that works for you. From wine on the balcony to the live / work vibe of daily life both inside and outside the home - this is a creative space that invites you to be star! In-unit washer and dryer and a great Walkscore, too! Located in the Old Bank District, you'll save BIG (up to 86%+/-) on property taxes thanks to the Mills Act!

  • May, 2019

  • May 28, 2019

    Date

    Sold (Public Records)

    Public Records

    $612,500

    Price

Show More

Tax History for 416 S Spring St #908

Assessed Value (2020): $178,000
Year Land Value Improved Value Assessed Value
2020 $35,600 $142,400 $178,000

Home Value Compared to the Market

This property vs the competition

416 S Spring St #908 is listed 60.13% lower than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $682.19 per/sqft which puts the price per square foot 11.63% lower than the median price per square foot for the city of Los Angeles.

About 416 S Spring St #908

Detailed summary of property

416 S Spring St #908 is a condominium located in Los Angeles, CA 90013 and is currently for sale. This condo offers 1 bedrooms, 1 bathrooms, roughly 730 living square feet, and sits on an approximately 10,334 square foot lot. 416 S Spring St #908 was first listed on ArdentRealEstateGroup.com on July 26, 2022. The homeowner is currently asking $498,000 and was originally asking $579,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 60.13% lower than the median priced home. Local competing homes currently for sale include 460 S Spring St #613, 460 S Spring St #413 and 460 S Spring St #816. This home does have a Homeowners Association and the monthly fee is $753 per month. While the average home in Los Angeles, CA is selling in 97 days, 416 S Spring St #908 has a days on market of 614 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 #908 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 #908

Public county record property details
Beds
--
Baths
--
Year built
1914
Sq. Ft.
730
Lot Size
10,333
Stories
--
Type
Apartments (Generic)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5149-038-047

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%)

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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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