416 South Spring Street, Unit 609

Los Angeles, CA 90013

$835,000
Last Sold Price
2
Beds
2
Baths
1,394 Sq. Ft.
$599 / Sq. Ft.
1,394
Sq. Ft.
$599
per Sq. Ft.

Description

An urban sanctuary and a piece of living history in DTLA! Originally built in 1914 as a hotel in the Old Bank District, the El Dorado Lofts were elegantly repurposed into a perfect blend of classical architecture and modern living in 2010. This architecturally significant building is registered as a Historic Cultural Monument with Mills Act Status providing approx. 60%-70% property tax benefits for the new owner. Unit #609 is a large and bright home with 2BD/2BA overlooking Spring Street Park. Two...An urban sanctuary and a piece of living history in DTLA! Originally built in 1914 as a hotel in the Old Bank District, the El Dorado Lofts were elegantly repurposed into a perfect blend of classical architecture and modern living in 2010. This architecturally significant building is registered as a Historic Cultural Monument with Mills Act Status providing approx. 60%-70% property tax benefits for the new owner. Unit #609 is a large and bright home with 2BD/2BA overlooking Spring Street Park. Two private balconies. Custom marble kitchen island, shelving installations by a local artist, and ample storage space. Perfect urban city views. Large closet space/pantry, in unit laundry, and 24/7 security attendant. A great walkscore with easy access to the upcoming Trust Building, Cambria Hotel, Citizen M Hotel. Steps from La Petit, Bar Ama, Grand Central Market, and the Metro Rail. Located in a community of art, culture, and entertainment. The best of DTLA!
  1. Listed by Andrew Watkins • DRE #01478668 • Brokerage DRE #01854200 • KW Advisors

Property Details for 416 South Spring Street, Unit 609

Zoning
LAC4
Style
Contemporary
Association Fee Frequency
Monthly
Parcel Number
5149038030
Total Units
69.0
Living Area
1394
Source Living Area
Other
Area
Downtown L.A. (C42)

Location

Listing Courtesy of KW Advisors, Andrew Watkins, DRE #01478668

Sold By Panorama Properties SFBA, Inc., Garry Nettles, DRE #01868304

Add your commute
LISTING UPDATED: 02/07/2022 03:04 PM

Property Details for 416 South Spring Street, Unit 609

StatusSold
MLS #21-735850
Days on Market169
Taxes-
HOA Fees$835 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built1914
CountyLos Angeles County

Location

Listing Courtesy of KW Advisors, Andrew Watkins, DRE #01478668

Sold By Panorama Properties SFBA, Inc., Garry Nettles, DRE #01868304

Add your commute

Building Information for 416 South Spring Street, Unit 609

Building/Complex416 S Spring StFloor6Stories12Residences-Pet Policy-Year Built1914

Payment Calculator

$5,620 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,557

Property Taxes

$228

HOA Dues

$835

The Payment Calculator is for illustrative purposes only.

Property Information for 416 South Spring Street, Unit 609

Community / Development
Community / Development
  • HOA Amount: $835
  • HOA: Yes
  • Complex Name: El Dorado
  • Number Of Units: 69
  • Pets Allowed: Yes
  • Amenities: Controlled Access, Elevator, Security
  • Association Amenities: Controlled Access, Security
  • Senior Community: No
Structure Info
Structure Info
  • Building Type: Condominium, Attached
  • Year Built Source: Assessor
  • Number Of Stories: 12
  • Unit Floor In Building: 6
  • Unit Number: 609
  • View: Yes
  • View Description: City, City Lights
  • View: City Lights
  • Planned Urban Dev: 0
  • Entry Floor Number: 6
  • Security Features: 24 Hour
Contract Info
Contract Info
  • Probate: No
  • Lease Considered: No
  • Available For Lease: No
  • Lease Option: false
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Special Zoning: None
  • Lot Acreage: 0.2372
  • Lot Size Square Feet: 10334
Parking Details
Parking Details
  • Parking Garage: Assigned, Permit/Decal
  • Total Parking: 0
  • Covered Parking: 2
  • Parking Features: Assigned, Permit Required
Interior Features
Interior Features
  • Room Type: Living Room, Loft, Master Bathroom, Walk-In Closet, Great Room
  • Rooms: Breakfast, Living Room, Loft, Master Bedroom, Walk-In Closet, Great Room, Patio Open
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Furnished: Unfurnished
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Flooring: Hardwood
  • Equipment: Dishwasher, Garbage Disposal, Washer, Refrigerator, Range/Oven, Microwave, Dryer
  • Common Walls: Attached
  • Laundry: In Unit
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • New Construction: No
Lease Terms
Lease Terms
  • Entry Date: 05-27-2021

Property History for 416 South Spring Street, Unit 609

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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 609

Taxable ValueLand$49,600Additions$198,400Total$248,000
Tax Record2023$2,736 ($228 / month)
Home Facts
Total Finished SqFt1,300 SqFtAbove Grade Finished SqFt1,300 SqFtLot Size10,334 SqFtStyleMulti-Family Res (5+ Units)Year Built1914ZoningLAC4CountyLOS ANGELESAPN5149-038-030

Schools near 416 South Spring Street, Unit 609

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.

Similar 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 KW Advisors, Andrew Watkins, DRE #01478668

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.