257 South Spring Street, Unit 2M

Los Angeles, CA 90012

$760,000
Last Sold Price
1
Beds
1
Bath
1,040 Sq. Ft.
$731 / Sq. Ft.
1,040
Sq. Ft.
$731
per Sq. Ft.

Description

Impressive price adjustment to $765,000 on this gorgeous condo unit in the historic Douglas Building! It's been said that the "M" stack is a favorite due to the amount of light and brilliant floor plan. If you've been considering a move to Downtown Los Angeles, don't miss out on the opportunity to tour this one. The building is a beautifully restored, cultural monument (#966) and qualifies for Mills Act, drastically reducing your property taxes. Combined with this great new price, this unit is a...Impressive price adjustment to $765,000 on this gorgeous condo unit in the historic Douglas Building! It's been said that the "M" stack is a favorite due to the amount of light and brilliant floor plan. If you've been considering a move to Downtown Los Angeles, don't miss out on the opportunity to tour this one. The building is a beautifully restored, cultural monument (#966) and qualifies for Mills Act, drastically reducing your property taxes. Combined with this great new price, this unit is a phenomenal opportunity. Spacious and open, you get the benefit of loft-like living with the added bonus of a dedicated bedroom. Feel the building's history reflected in the exposed brick, massive windows, restored floors and exposed beams, whilst enjoying the modern amenities of an updated kitchen and washer/dryer inside of the unit. The Douglas building is in a fabulous location downtown, moments from MOCA, Walt Disney Concert Hall, The Broad and a stone's throw away from eateries and coffee shops. If you haven't seen this stunner yet, come and view ASAP!

Listing Agents

  1. Kenya Reeves-Costa

    Kenya Reeves-Costa

    Listing Agent

    Compass

    DRE #01734058

  2. Sarah Chung

    Sarah Chung

    Alternative Listing Agent

    Compass

    DRE #01963579

Property Details for 257 South Spring Street, Unit 2M

Zoning
LAC4
Style
Architectural
Association Fee Frequency
Monthly
Parcel Number
5149008047
Total Units
50.0
Living Area
1040
Source Living Area
Vendor Enhanced
Area
Downtown L.A. (C42)

Location

Listing Courtesy of Compass, Kenya Reeves-Costa, DRE #01734058; Compass, Sarah Chung, DRE #01963579

Sold By Compass, Wayne Willbur, DRE #01716358

Add your commute
LISTING UPDATED: 01/04/2023 04:59 PM

Property Details for 257 South Spring Street, Unit 2M

StatusSold
MLS #22-159121
Days on Market72
Taxes-
HOA Fees$610 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built1899
CountyLos Angeles County

Location

Listing Courtesy of Compass, Kenya Reeves-Costa, DRE #01734058; Compass, Sarah Chung, DRE #01963579

Sold By Compass, Wayne Willbur, DRE #01716358

Add your commute

Building Information for 257 South Spring Street, Unit 2M

Building/Complex257 S Spring StFloor2Stories-Residences-Pet Policy-Year Built1899

Payment Calculator

$4,969 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,148

Property Taxes

$211

HOA Dues

$610

The Payment Calculator is for illustrative purposes only.

Property Information for 257 South Spring Street, Unit 2M

Community / Development
Community / Development
  • HOA Amount: $610
  • HOA: Yes
  • Complex Name: Douglas Lofts
  • Number Of Units: 50
  • Pets Allowed: Call
  • Amenities: Controlled Access, Onsite Property Management
  • Association Amenities: Controlled Access
  • Senior Community: No
  • Management Company Name: Prime Association Services
Structure Info
Structure Info
  • Building Type: Condominium, Attached
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Unit Floor In Building: 2
  • Unit Number: 2M
  • View: Yes
  • View Description: City
  • View: City Lights
  • Planned Urban Dev: 0
  • Entry Floor Number: 2
  • Security Features: Resident Manager, Card/Code Access, Other
  • Water: Public
  • Sewer: Other
  • Water Heater Features: Other
Contract Info
Contract Info
  • Lease Considered: Yes
  • Available For Lease: Yes
  • Lease Option: true
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Land Lease Purchase: No
  • Horse: No
  • Special Zoning: None
  • Additional Parcel Number: No
  • Lot Acreage: 0.6616
  • Lot Size Square Feet: 28817
  • Lot Description: Street Paved, Sidewalks, Resident Manager
  • Lot Location: City
Parking Details
Parking Details
  • Parking Garage: Offsite
  • Total Parking: 0
  • Covered Parking: 0
  • Parking Features: Off Site
Interior Features
Interior Features
  • Room Type: Living Room
  • Rooms: Breakfast Bar, Dining Area, Living Room
  • Levels: Mid Level
  • Fireplace: No
  • Fireplaces: 0
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Furnished: Unfurnished
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Forced Air
  • Heating Type: Forced Air
  • Flooring: Hardwood, Tile
  • Equipment: Refrigerator, Microwave, Range/Oven, Dryer, Washer
  • Interior Features: Brick Walls
  • Room Kitchen Features: Kitchen Open to Family Room, Kitchen Island
  • Kitchen Features: Open to Family Room, Island
  • Room Bathroom Features: Shower in Tub, Tile Counters
  • Bathroom Features: Shower and Tub, Shower Over Tub, Tile
  • Bedroom Features: Main Floor Bedroom
  • Common Walls: Attached
  • Cooking Appliances: Range, Oven, Microwave
  • Laundry: In Closet, In Unit
  • Eating Areas: Breakfast Counter / Bar, Dining Area, Kitchen Island, In Kitchen
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Kitchen
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • Roof: Flat
  • Fence: None
  • Patio Features: None
  • Entry Location: Ground Level - no steps
  • New Construction: No
  • Construction Materials: Brick, Other
  • Exterior Construction: Brick, Other
Lease Terms
Lease Terms
  • Entry Date: 05-23-2022

Property History for 257 South Spring Street, Unit 2M

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 257 South Spring Street, Unit 2M

Taxable ValueLand$38,600Additions$154,400Total$193,000
Tax Record2023$2,537 ($211 / month)
Home Facts
Beds2Total Finished SqFt1,040 SqFtAbove Grade Finished SqFt1,040 SqFtLot Size28,817 SqFtStyleCondominiumYear Built1899ZoningLAC4CountyLOS ANGELESAPN5149-008-047

Schools near 257 South Spring Street, Unit 2M

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

Sal Castro Middle School
Public6 to 8

Edward R. Roybal Learning Center
Public9 to 12

Miguel Contreras Learning Complex School
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.

Similar Homes

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Similar Sold Homes

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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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Kenya Reeves-Costa, DRE #01734058; Compass, Sarah Chung, DRE #01963579

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.