Sold
Last Sold Price
2 beds1,300 sqft$562/sqft
416 S Spring St, Unit 809, Los Angeles, CA 90013
CondoProperty Type
1914Year Built
$562/sq ftPrice per sq ft
$952/moHOA Fees
2 carsParking Spaces

Description

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....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.

Listing Agent

  1. Benjamin Kahle

    Benjamin Kahle

    Listing Agent

    Compass

    DRE #01951554

    P: (310) 779-4578

    M: (310) 779-4578

Listing closed: 04/26/2023 12:00 AM • Source: CLAW, MLS#: 23-247751

Recent comparable sales

Median sold price

$718,000

Avg days on market

133

Sale-to-list ratio

92.3%

Los Angeles, CA

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Location

Listing Courtesy of Compass, Benjamin Kahle, DRE #01951554

Sold By Compass, Rouanne Garcia, DRE #02138831

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$4,969 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,711

Property Taxes

$306

HOA Dues

$952

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Property Information for 416 South Spring Street, Unit 809

Property Details
  • MLS Type: Residential / Condominium
  • Buyer's Agent Compensation: 2.5%
  • Zoning: LAC4
  • Style: Architectural
  • Association Fee Frequency: Monthly
  • Parcel Number: 5149038042
  • Total Units: 65.0
  • Living Area: 1300
  • Source Living Area: Vendor Enhanced
  • Area: Downtown L.A. (C42)
  • Lot Size Area: 10334
  • Source Lot Size Area: Vendor Enhanced
  • Home owner Dues: $952
  • HOA Fee Frequency 1: Monthly
  • Assessor Parcel Number: 5149-038-042
  • Directions: 5th to Spring
Building Information
  • Building/Complex: 416 S Spring St
  • Year Built: 1914
Community / Development
Community / Development
  • HOA Amount: $952
  • HOA: Yes
  • Complex Name: El Dorado Homeowners Association
  • Number Of Units: 65
  • Pets Allowed: Yes
  • Amenities: None
  • Senior Community: No
Structure Info
Structure Info
  • Building Type: Condominium, Attached
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Unit Floor In Building: 8
  • Unit Number: 809
  • View: Yes
  • View Description: City, City Lights, Park
  • View: City Lights
  • Planned Urban Dev: 0
  • Entry Floor Number: 8
  • Security Features: 24 Hour
  • Property Condition: Updated/Remodeled
Contract Info
Contract Info
  • Probate: No
  • Lease Considered: No
  • Available For Lease: No
  • Lease Option: false
  • Disclosures: As Is, Historical
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Special Zoning: Rent Control
  • Lot Acreage: 0.2372
  • Lot Size Square Feet: 10334
Parking Details
Parking Details
  • Parking Garage: Garage - 2 Car, Offsite
  • Total Parking: 2
  • Covered Parking: 2
  • Parking Features: Garage - Two Door, Off Site
Interior Features
Interior Features
  • Room Type: Living Room, Loft, Master Bathroom
  • Rooms: Pantry, Dining Area, Living Room, Loft, Master Bedroom
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Furnished: Unfurnished
  • Cooling: Central Air
  • Cooling Type: Air Conditioning, Central
  • Heating: Central
  • Heating Type: Central
  • Flooring: Engineered Hardwood
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Washer, Range/Oven, Refrigerator, Hood Fan, Electric Dryer Hookup
  • Interior Features: Turnkey
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen
  • Kitchen Features: Island, Remodeled
  • Bedroom Features: Master Suite
  • Common Walls: Attached
  • Cooking Appliances: Gas/Electric Range, Oven, Oven-Gas, Cooktop - Gas, Gas, Range, Range Hood
  • Laundry: In Closet, In Unit
  • Eating Areas: Kitchen Island, Dining Area
  • Eating Area: Dining Room
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • New Construction: No
  • Other Structural Features: Balcony, Historical
Lease Terms
Lease Terms
  • Entry Date: 03-08-2023

Property History for 416 South Spring Street, Unit 809

DateEvent & SourcePriceAppreciation
Apr 26, 2023

Sold

CRMLS #23247751

$730,000
Apr 26, 2023

Sold

CLAW #23-247751

$730,000
Apr 26, 2023

Sold

SDMLS #23-247751

$730,000
DateEvent & SourcePrice
04/26/2023

Sold

CRMLS #23247751

$730,000
04/26/2023

Sold

CLAW #23-247751

$730,000
04/26/2023

Sold

SDMLS #23-247751

$730,000

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

Public Records for 416 South Spring Street, Unit 809

Taxable ValueLand$49,600Additions$198,400Total$248,000
Tax Record2025$3,673 ($306 / month)
Home Facts
Beds0Total Finished SqFt1,300 SqFtAbove Grade Finished SqFt1,300 SqFtLot Size10,334 SqFtStyleCondominiumYear Built1914Year Renovated1914ZoningLAC4CountyLOS ANGELESAPN5149-038-042

Schools near 416 South Spring Street, Unit 809

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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Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Benjamin Kahle, DRE #01951554

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.