416 S Spring St, Unit 505

1,080 Sq. Ft.
$495 / Sq. Ft.
1,080
Sq. Ft.
$495
per Sq. Ft.

Description

Located in Downtown's Historic Core, this spacious unit in the El Dorado Lofts building is as captivating inside as it is from the exterior. Adjacent to many attractions beloved by downtown locals, this stunning Art Nouveau/Gothic Revival building is a protected Historic Cultural Landmark, with its facade decorated in a series of botanical motif friezes and verdigris-hue enameled brick. Architectural character features define interior common spaces as well, from the lobby lined in Bachelder tiles,...Located in Downtown's Historic Core, this spacious unit in the El Dorado Lofts building is as captivating inside as it is from the exterior. Adjacent to many attractions beloved by downtown locals, this stunning Art Nouveau/Gothic Revival building is a protected Historic Cultural Landmark, with its facade decorated in a series of botanical motif friezes and verdigris-hue enameled brick. Architectural character features define interior common spaces as well, from the lobby lined in Bachelder tiles, to the handsome original wood front door of unit 505 with privacy glass and gold stencil work detail. Inside, the unit boasts desirable architectural details (exposed beams, steel sash windows, salvaged wood doors) as well as the practical features and amenities for modern day living (in-unit laundry, modern kitchen and bathrooms, multiple mini-split AC units). The home's tranquil primary suite with its own full bathroom and large walk-in closet provide ample storage. Entertainers will enjoy the ergonomically-designed kitchen, which opens to the spacious living area and dining room, lined with built-in bookshelves. A wall of west-facing windows offering ample natural light and opens onto a sunny private balcony with vibrant city views. Finally, a large office alcove with its own wall of built-ins offers flexibility - it's large enough to be a second bedroom (plans for converting the office to a second bedroom are already drawn) - and the second full bath is conveniently close. Buyers will benefit from the building's Mills Act status, resulting in the unit's significantly reduced property taxes - what a win! With proximity to the Downtown Farmers Market, Spring Street Dog Park, Grand Central Market, Los Angeles Athletic Club, and so many other great neighborhood spots, this home is truly a standout opportunity. This is an ideal home offering convenience and lifestyle in a beautiful envelope in the heart of the City.

Listing Agents

  1. Teresa Fuller

    Teresa Fuller

    Listing Agent

    Compass

    DRE #01315387

    teresa.fuller@compass.com

    P: (626)-483-0710

  2. Adam Yokell

    Adam Yokell

    Alternative Listing Agent

    Compass

    DRE #02178885

    adam.yokell@compass.com

    P: (917)-494-3278

Property Details for 416 South Spring Street, Unit 505

View
City Lights, Neighborhood
Parking Spaces Total
1
Private Pool
No
Cooling Type
Ductless
Living Area
1080
Property Attached YN
true
Common Walls
1 Common Wall
Fireplace
No
LISTING UPDATED: 10/30/2025 11:21 AM

Property Details for 416 South Spring Street, Unit 505

StatusClosed
MLS #P1-23615
Days on Market31
Taxes-
HOA Fees$1,015 / month
Condo/Co-op Fees-
Property TypeCondo
MLS TypeResidential / Condominium
Year Built1914
CountyLos Angeles County
Compensation RemarksSeller to consider offers with concessions.

Location

Listing Courtesy of COMPASS, Teresa Fuller, DRE #01315387; Compass, Adam Yokell, DRE #02178885

Sold By Coldwell Banker Realty, Qubie Vazquez, DRE #01944844

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Building Information for 416 South Spring Street, Unit 505

Building/ComplexEl Dorado LoftsFloor-Stories1Residences-Pet Policy-Pet Policy Details-Year Built1914

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$3,898 per month

30 year fixed, 6.46% Interest

Principal and Interest

$2,694

Property Taxes

$189

HOA Dues

$1,015

The Payment Calculator is for illustrative purposes only.

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Rocket Mortgage1

Property Information for 416 South Spring Street, Unit 505

Income / Expense / Tax Details
Tax / Assessment Info
  • Tax Lot: 1
Community / Development
Community / Development
  • Association Amenities: Security, Insurance, Water, Trash
  • Assessments YN: No
  • Assessments: None
  • Community Features: Park, Urban, Street Lights, Sidewalks
  • Association Name: El Dorado Lofts
  • Association Phone: 213-290-1959
Property / Structure Info
Interior Features
  • Appliances: Refrigerator, Electric Oven, Microwave, Gas Cooktop
  • Interior Features: Living Room Balcony, Balcony
  • Room Type: Bonus Room, See Remarks, Primary Suite, Kitchen, Office, Living Room
  • Room Bathroom Features: Remodeled, Stone Counters, Main Floor Full Bath, Upgraded, Shower in Tub
  • Room Kitchen Features: Stone Counters
  • Eating Area: Dining Room, See Remarks
  • Laundry: Yes
  • Laundry Features: Inside, In Closet
  • Fireplace Features: None
  • Cooling: Ductless
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Exterior Features: Balcony
  • Fence: No
  • Fencing: None
  • Structure Type: Multi Family
  • Patio: No
  • Patio And Porch Features: None
  • Pool Features: None
  • Spa Features: None
Land/Lot Info
  • Lot Features: Sprinklers None
  • Lease Considered: No
  • Land Lease: No
  • Sprinklers: No
  • Levels: One
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 1
  • Parking: Yes
  • Attached Garage: No
  • Parking Features: Assigned

Property History for 416 South Spring Street, Unit 505

DateEvent & SourcePriceAppreciation
Oct 29, 2025

Sold

CRMLS #P1-23615

$535,000—
Sep 30, 2025

Sold (Public Record)

Public Record #1917507372

$535,000

-6.3% / yr

Sep 10, 2025

Accepting Backup Offers

VCF #P1-23615

—
Sep 9, 2025

Accepting Backup Offers

CRMLS #P1-23615

—
Aug 8, 2025

Listed (Active)

CRMLS #P1-23615

$550,000—
Aug 8, 2025

Listed (Active)

VCF #P1-23615

$550,000—
Nov 23, 2020

Sold

CLAW #20-634656

$733,120—
Nov 23, 2020

Sold

CRMLS #20634656

$733,120—
Nov 10, 2020

Sold (Public Record)

Public Record #683367893

$733,500

+5.8% / yr

Oct 26, 2020

Accepting Backup Offers

CRMLS #20634656

—
Oct 26, 2020

Pending

CRMLS #20634656

—
Oct 26, 2020

Pending

CLAW #20-634656

—
Sep 23, 2020

Expired

CRMLS #19507422

$739,000—
Sep 23, 2020

Listed (Active)

CRMLS #20634656

$759,000—
Sep 22, 2020

Expired

CLAW #19-507422

$739,000—
Sep 22, 2020

Listed (Active)

CLAW #20-634656

$759,000—
Oct 21, 2019

Withdrawn / Cancelled

CRMLS #19507422

—
Oct 21, 2019

Listed (Active)

CLAW #19-507422

$789,000—
Oct 16, 2019

Price Change

CRMLS #19507422

$739,000—
Sep 5, 2019

Listed (Active)

CRMLS #19507422

$789,000—
Jun 10, 2010

Sold (Public Record)

Public Record #293996018

$406,000—
DateEvent & SourcePrice
10/29/2025

Sold

CRMLS #P1-23615

$535,000
09/30/2025

Sold (Public Record)

Public Record #1917507372

$535,000

-6.3% / yr

09/10/2025

Accepting Backup Offers

VCF #P1-23615

—
09/09/2025

Accepting Backup Offers

CRMLS #P1-23615

—
08/08/2025

Listed (Active)

CRMLS #P1-23615

$550,000
08/08/2025

Listed (Active)

VCF #P1-23615

$550,000
11/23/2020

Sold

CLAW #20-634656

$733,120
11/23/2020

Sold

CRMLS #20634656

$733,120
11/10/2020

Sold (Public Record)

Public Record #683367893

$733,500

+5.8% / yr

10/26/2020

Accepting Backup Offers

CRMLS #20634656

—
10/26/2020

Pending

CRMLS #20634656

—
10/26/2020

Pending

CLAW #20-634656

—
09/23/2020

Expired

CRMLS #19507422

$739,000
09/23/2020

Listed (Active)

CRMLS #20634656

$759,000
09/22/2020

Expired

CLAW #19-507422

$739,000
09/22/2020

Listed (Active)

CLAW #20-634656

$759,000
10/21/2019

Withdrawn / Cancelled

CRMLS #19507422

—
10/21/2019

Listed (Active)

CLAW #19-507422

$789,000
10/16/2019

Price Change

CRMLS #19507422

$739,000
09/05/2019

Listed (Active)

CRMLS #19507422

$789,000
06/10/2010

Sold (Public Record)

Public Record #293996018

$406,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 416 South Spring Street, Unit 505

Taxable ValueLand$42,600Additions$170,400Total$213,000
Tax Record2025$2,269 ($189 / month)
Home Facts
Beds0Total Finished SqFt1,080 SqFtAbove Grade Finished SqFt1,080 SqFtLot Size10,334 SqFtStyleCondominiumYear Built1914ZoningLAC4CountyLOS ANGELESAPN5149-038-020

Schools near 416 South Spring Street, Unit 505

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Ninth Street School
PublicK to 5

John H. Liechty Middle School
Public6 to 8

Edward R. Roybal Learning Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of COMPASS, Teresa Fuller, DRE #01315387; Compass, Adam Yokell, DRE #02178885

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.