new - 20 hours on rocket

416 S Spring St Unit 509, Los Angeles, CA, 90013

$599,900

Home List Price

$7,124*

Closing Credit

2 Bedrooms
2 Full Baths
1,300 SqFt
$461/SqFt
Condo

Location

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416 S Spring St Unit 509, Los Angeles$599,900

Buyer Closing Credits

$7,124*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1914
FireplaceNone
ViewCity Lights
MLS #24457249
Lot Size0.24 Acres
StatusActive

About 416 S Spring St Unit 509

The El Dorado lofts have been transformed into a vibrant community for modern urban dwellers in Los Angeles. Situated near Grand Central Market, the Music Center, and various galleries and museums, this location is ideal for those who appreciate city living. Parking rates at the El Dorado lofts are $200 for an assigned space, $250 for an assigned space, and $350 for a tandem two-car parking spot located behind the building in a parking structure in the alley. Buyers are advised to confirm current rates as they may have changed. Property is tenant occupied & will be sold with the tenant ."Seller has not occupied the property and makes no guarantees. Buyers and agents are responsible for verifying all aspects of the property. It is recommended that buyers and agents verify all square footages, permits, and information with the City to ensure accuracy. The property is being sold 'AS IS.' Buyers should verify all MLS information, including permits, bed/bath counts, and square footage, and investigate all aspects of the property for accuracy. By purchasing the property, buyers agree to hold the seller and listing agent harmless from any liability related issues.

Property Details

Property Features

Property Information:

  • Year Built: 1914
  • Stories: 5
  • Living Area: 1,300 SqFt

Listing Office:

  • Office Name: AIE Realty Inc
  • Office Phone: (213) 550-7070
  • Listing Agent: Alex Carrillo

Interior Features

Interior Information:

  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: City Lights

Lot Features

Lot Information:

  • Lot Size: 0.24 Acres

School Info

Assigned Schools Information:

  • Ramon C. Cortines School of Visual and Performing, Public District Grades 9-12
  • Contreras Learning Center-Academic Leadership Community, Public District Grades 9-12
  • Contreras Learning Center-Los Angeles School of Global St, Public District Grades 9-12
  • John H. Liechty Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Ninth Street Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

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: $599,900
  • Price Per SqFt: $461/SqFt

HOA Fees:

  • Amount: $951
  • 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

36

# of Sold Homes

1331

416 S Spring St Unit 509 vs Los Angeles

1 DAY ON ROCKET

-35 Days

$599,900

-$412.5K Less

$461/SqFt

-$179 Less

KEY TAKEAWAY

This property is $412.5K less than the Median Sold Price and $179/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: #24457249

Listing Office:

  • Office Name: AIE Realty Inc
  • Office Phone: (213) 550-7070
  • Listing Agent: Alex Carrillo

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: 10/27/2024, 2:20:50 AM 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

$4,013

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

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NMLS#3030

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.

Elementary School

school-card-donut-762101
3
/10

  • Ninth Street Elementary School

  • 835 Stanford Ave

  • 0.87 miles

  • Public District Grades KG-5

school-card-donut-762102
9
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 6.08 miles

  • Public Magnet Grades KG-6

school-card-donut-762103
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 23.23 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-762104
4
/10

  • John H. Liechty Middle School

  • 650 S Union Ave

  • 1.29 miles

  • Public District Grades 6-8

school-card-donut-762105
4
/10

  • Studio

  • 2211 W Avenue 30

  • 3.92 miles

  • Public District Grades 6-8

High School

school-card-donut-762106
6
/10

  • Ramon C. Cortines School of Visual and Performing

  • 450 N Grand Ave

  • 0.82 miles

  • Public District Grades 9-12

school-card-donut-762107
3
/10

  • Contreras Learning Center-Academic Leadership Community

  • 322 Lucas Ave

  • 0.96 miles

  • Public District Grades 9-12

school-card-donut-762108
2
/10

  • Contreras Learning Center-Los Angeles School of Global St

  • 322 Lucas Ave

  • 0.96 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,346. The majority of Los Angeles, CA residents have income less than $35k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 416 S Spring St Unit 509

What is the listing price of this property?

The listing price of 416 S Spring St Unit 509 property is $599,900.

What type of property is this?

The property 416 S Spring St Unit 509 is a condo located in Los Angeles, California, 90013.

Is this property for sale now?

Active Listing: 416 S Spring St Unit 509 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 416 S Spring St Unit 509 are:
Ninth Street Elementary School: GreatSchools Rating 3/10
Melrose Avenue Elementary School: GreatSchools Rating 9/10
Point Fermin Elementary School: GreatSchools Rating 6/10
John H. Liechty Middle School: GreatSchools Rating 4/10
Studio: GreatSchools Rating 4/10
Ramon C. Cortines School of Visual and Performing: GreatSchools Rating 6/10
Contreras Learning Center-Academic Leadership Community: GreatSchools Rating 3/10
Contreras Learning Center-Los Angeles School of Global St: GreatSchools Rating 2/10

How many bedrooms and bathrooms does this property have?

The property at 416 S Spring St Unit 509 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 416 S Spring St Unit 509 is 1,300 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 416 S Spring St Unit 509 is 1914.

Rocket Homes›California›Los Angeles County›Los Angeles›90013›416 S Spring St Unit 509

This home is located at 416 S Spring St Unit 509 in Los Angeles, CA and zip code 90013 in the Central LA neighborhood. This 1,300 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 26, 2024 and is currently priced at $599,900.

Over 532 listings were sold over their listed price in September 2024 in Los Angeles, CA. In the same period over 619 listings were sold below the listed price and 180 listings were sold for the listed price. The inventory of homes for sale in Los Angeles, CA between August 2024 and September 2024 increased by 10.6%. While the average time on the market in September 2024 was 36 days, the median list price was $1,012,476.

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

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