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Sold for $535,000
  • Listing Provided by: COMPASS
    Bought with: Coldwell Banker Realty
    $535,000

    416 S Spring St APT 505, Los Angeles, CA 90013

    1beds
    1,080sqft
    Condominium
    Built in 1914
    -- sqft lot
    $538,300 Zestimate®
    $495/sqft
    $3,211 Estimated rent

    Home value

    $538,300

    $490,000 - $592,000

    $3,211/mo

    Zestimate® history
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    What's special

    Sunny private balconyWest-facing windowsSalvaged wood doorsBuilt-in bookshelvesVibrant city viewsTranquil primary suiteBotanical motif friezes
    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.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Teresa Fuller DRE #01315387 626-483-0710,

    COMPASS,

    Adam Yokell DRE #02178885 917-494-3278,

    Compass

    Bought with:

    Qubie Vazquez, DRE #01944844

    Coldwell Banker Realty

    Source: CRMLS,MLS#: P1-23615MLS LogoOriginating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: Primary Suite
    Bathroom
    • Features: Full Bath on Main Level, Stone Counters, Remodeled, Tub Shower, Upgraded
    Kitchen
    • Features: Stone Counters
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Ductless
    Appliances
    • Included: Electric Oven, Gas Cooktop, Microwave, Refrigerator
    • Laundry: Inside, Laundry Closet
    Features
    • Balcony, Separate/Formal Dining Room, See Remarks, Primary Suite
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total interior livable area: 1,080 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned
    • Garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: None, Balcony
    • Exterior features: Balcony
    • Pool features: None
    • Spa features: None
    • Fencing: None
    • Has view: Yes
    • View description: City Lights, Neighborhood
    Lot
    • Features: Sprinklers None
    Details
    • Parcel number: 5149038020
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Condition
    • Year built: 1914

    Utilities & green energy

    • Electric: Standard
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
    Community
    • Community features: Park, Street Lights, Sidewalks, Urban
    Location
    • Region: Los Angeles

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $1,015 monthly
    • Amenities included: Insurance, Security, Trash, Water
    • Association name: El Dorado Lofts
    • Association phone: 213-290-1959

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan

    Price history

    DateEventPrice
    10/29/2025Sold$535,000-2.7%$495/sqft
    Source: CRMLS #P1-23615 Report a problem
    9/10/2025Contingent$550,000$509/sqft
    Source: CRMLS #P1-23615 Report a problem
    8/8/2025Listed for sale$550,000-25%$509/sqft
    Source: CRMLS #P1-23615 Report a problem
    11/23/2020Sold$733,500+80.7%$679/sqft
    Source: CLAW #20634656 Report a problem
    8/16/2010Sold$406,000$376/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,195 +0.9%$213,000
    2024$3,165 +29.4%$213,000
    2023$2,447 -18.9%$213,000
    2022$3,015 +0.4%$213,000
    2021$3,005 -4%$213,000 -6.2%
    2020$3,129 $227,000
    2019$3,129 +1.5%$227,000
    2018$3,084 $227,000 -15%
    2017$3,084 -11.8%$267,000 +27.1%
    2016$3,496 +25.6%$210,000
    2015$2,783 -1.8%$210,000 -50.5%
    2014$2,835 $424,318 +2.5%
    2012-- $414,120 +2%
    2011-- $406,000 +484.9%
    2010-- $69,415 -0.2%
    2009-- $69,581

    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $538,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $538,300