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$535,000
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Property Description
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.
Full Property Details
Full Property Details for 416 S Spring St #505
General
- Sold For: $535,000
- HOA FEE: $1,015/month
- Status: Closed
- Type: Condo
- Source: MRMLS
- MLS ID: P1-23615
- Added to Site: 253 day(s) ago
Interior
- Rooms/Areas: Bonus Room, See Remarks, Primary Suite, Kitchen, Office, Living Room
- Interior Features: Living Room Balcony, Balcony
- Fireplace(s): None
- Eating Areas: Dining Room, See Remarks
- Appliances: Refrigerator, Electric Oven, Microwave, Gas Cooktop
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 1
Other Rooms
- Laundry: Inside, In Closet
Additional Information
- Shared Amenities: Security, Insurance, Water, Trash
- Pool Description: None
- Spa Description: None
Exterior
- Deck/Patio: None
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking: Assigned
Location
- County: Los Angeles
- Driving Directions: Located on Spring Street between East 4th and 5th, next to Spring Street park.
Community
- Community Features: Park, Urban, Street Lights, Sidewalks
Heating & Cooling
- Cooling Type: Ductless
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Condominium
- Common Walls: 1 Common Wall
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,080
- Sq. Ft. Source: Public Records
- Year Built: 1914
- Year Built Source: Public Records
Lot Features
- Property View: City Lights, Neighborhood
- Lot Description: No Sprinklers
- Fencing (Description): None
Financial Considerations
- Price Per Sq. Ft.: $495.37
- Association Fee: $1,015
- Assoc Fee Freq.: Monthly
Disclosures and Reports
- Special Conditions: Standard
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Schools
Schools serving 416 S Spring St #505
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Ninth Street School 835 Stanford Avenue, Los Angeles, CA 90021 | K-5 | 0.9 mi |
John H. Liechty Middle School 650 South Union Avenue, Los Angeles, CA 90017 | 7-8 | 1.3 mi |
Belmont Senior High School 1575 West 2nd Street, Los Angeles, CA 90026 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 416 S Spring St #505
Date
Details
Price
Change
Source
10/29/2025
Sold
$535,000
-2.73%
MLS
8/07/2025
Listed
$550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
416 S Spring Street #505, Los Angeles, CA 90013 (MLS# P1-23615) is a Condo property that was sold at $535,000 on October 29, 2025. This property was sold by Qubie Vazquez from our Manhattan Beach Office.Want to learn more about 416 S Spring Street #505? Do you have questions about finding other Condo real estate for sale in Downtown L.A.? You can browse all Downtown L.A. real estate or contact a Coldwell Banker agent to request more information.


