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416 S Spring St Unit 409, Los Angeles, CA, 90013

$675,000

Home List Price

$8,016*

Closing Credit

2 Bedrooms
2 Full Baths
1,394 SqFt
$484/SqFt
Condo

Location

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416 S Spring St Unit 409, Los Angeles$675,000

Buyer Closing Credits

$8,016*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned
Year Built1914
FireplaceNone
ViewCity Lights, Park
MLS #24438085
Lot Size0.24 Acres
StatusActive

About 416 S Spring St Unit 409

The El Dorado Lofts are one of Los Angeles's most iconic buildings, reborn into a hub for modern Live/Work residences. This condo features a modern kitchen with a large island, designer cabinets, all stainless steel appliances, walk-in closets in each bedroom, and floor-to-ceiling windows leading to two large balconies with expansive city views. Both bedrooms are fully enclosed, which is a rare find in DTLA. Mills Act approved buildings with reduced property taxes. The location is perfect for the minded urbanist, located within a distance of Grand Central Market, The Music Center Theatres, Art galleries, Museums, and Grand Park. It's the best deal Downtown now, and it won't last.

Property Details

Property Features

Property Information:

  • Year Built: 1914
  • Stories: 10
  • Living Area: 1,394 SqFt

Listing Office:

  • Office Name: Loftway
  • Office Phone: (888) 505-6387
  • Listing Agent: Christiano Sampaio

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
  • Flooring Type: Laminate
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights, Park

Parking Information:

  • Parking: Assigned

Lot Features

Lot Information:

  • Lot Size: 0.24 Acres

Other

Directions Information:

  • Directions: South of 4th Street. North of 5th Street. West of Main Street. East of Broadway. Google Maps

Price Information

Listing Price Info

Price Summary:

  • List Price: $675,000
  • Price Per SqFt: $484/SqFt

HOA Fees:

  • Amount: $1012
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

416 S Spring St Unit 409 vs Los Angeles

48 DAYS ON ROCKET

+10 Days

$675,000

-$348.4K Less

$484/SqFt

-$157 Less

KEY TAKEAWAY

This property is $348.4K less than the Median Sold Price and $157/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24438085

Listing Office:

  • Office Name: Loftway
  • Office Phone: (888) 505-6387
  • Listing Agent: Christiano Sampaio

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 5:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$4,448

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,090

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-370213
3
/10

  • 9th Street School

  • 835 Stanford Ave

  • 0.87 miles

  • Public District Grades KG-5

school-card-donut-370214
4
/10

  • Gratts Learning Academy for Young Scholars (GLAYS)

  • 309 Lucas Ave

  • 1.03 miles

  • Public District Grades 2-6

school-card-donut-370215
5
/10

  • Para los Nios Charter

  • 1617 E 7th St

  • 1.13 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,346. Most Los Angeles, CA residents have annual incomes less than $35k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 416 S Spring St Unit 409

What is the listing price of this property?

The listing price of 416 S Spring St Unit 409 property is $675,000.

What type of property is this?

The property 416 S Spring St Unit 409 is a condo located in Los Angeles, California, 90013.

Is this property for sale now?

Active Listing: 416 S Spring St Unit 409 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 416 S Spring St Unit 409 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 416 S Spring St Unit 409 is 1,394 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 416 S Spring St Unit 409 is 1914.

Rocket Homes›California›Los Angeles County›Los Angeles›90013›416 S Spring St Unit 409

This home is located at 416 S Spring St Unit 409 in Los Angeles, CA and zip code 90013 in the Central LA neighborhood. This 1,394 square foot home, which was built in 1914, sits on a 0.24 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 04, 2024 and is currently priced at $675,000.

Los Angeles, CA housing market in October 2024 saw over 598 listings sold above listed price, more than 191 sold at listed price and over 753 sold below. In October 2024 in Los Angeles, CA there were 11.2% more homes for sale than in September 2024. Listings spent 38 days on the market in October 2024, and had a median list price of $1,023,474 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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