The El Dorado, formally known as the Stillwell Hotel, built in 1914 is an extraordinary example of Beaux Art Architecture with an amazing use of marble and turquoise accents known in that era. Today the El Dorado Lofts sits above the 5 * Le Petit Paris Gourmet Restaurant as well as the El Dorado lounge in the basement. It is located in the historic core or old bank district and is a prime example of readaptive reuse. The loft is an open space with a separated bedroom and boasts a outdoor balcony overlooking the new Spring Street Park. This loft includes all appliances, mWood Floors, concrete accents and all the charm of an era past.
CondoProperty Type
1914Year Built
10,334 sq ftLot Size
$597Est. Price/Sq.Ft.
1 car garageParking
Listed by Tiffany Gatto•DRE #01822601• Smart LA Realty
•213-447-4130 (agent)
•tiffany@smartlarealty.com (agent)
Bought with Thomas Alexander•DRE #01352795• Alexander Premier Properties
El Dorado Lofts was described in 1914 by the Los Angeles Times as a magnificent hostelry with a strikingly beautiful Façade and metropolitan conveniences. Originally built by and named for local capitalist and financier, N. W. Stowell. From the grand exterior of green glazed brick and the rich golden tones of Batchelder tiles which adorn the interior walls and lobby columns this building is a historical gem. The open floor plan and private outdoor balcony overlooking Spring Street Park are a commodity in DTLA. Upgraded Bosch appliances, subway tile, and concrete wall features, Mills Act property tax savings, ample closet space and historic core premium location are just a few reasons to take a good look at this wonderful property.
Year
Property tax
Land + Additions
Assessment*
2025
$2,148 (−0.1%)
$28,800 + $115,200
$144,000
2024
$2,151 (+29.5%)
$28,800 + $115,200
$144,000
2023
$1,660 (−19.0%)
$28,800 + $115,200
$144,000
2022
$2,051 (+0.4%)
$28,800 + $115,200
$144,000
2021
$2,043 (−1.3%)
$28,800 + $115,200
$144,000
2020
$2,070 (−11.4%)
$28,800 + $115,200
$144,000
2019
$2,337 (−1.1%)
$35,600 + $142,400
$178,000
2018
$2,363 (+0.9%)
$35,600 + $142,400
$178,000
2017
$2,342 (+25.5%)
$36,000 + $144,000
$180,000
2016
$1,866 (−3.8%)
$36,000 + $144,000
$180,000
2015
$1,940 (−2.5%)
$28,400 + $113,600
$142,000
2014
$1,989 (−51.6%)
$124,264 + $188,122
$312,386
2012
$4,114 (+386.8%)
$123,703 + $187,272
$310,975
2011
$845 (−0.8%)
$121,278 + $183,600
$304,878
2010
$852 (+3.7%)
$12,613 + $34,660
$47,273
2009
$822
$12,519 + $34,401
$46,920
2008
$12,549 + $34,483
$47,032
Tax history for 416 S Spring St #408
Year
Property tax
Land + Additions
Assessment*
2025
$2,148 (−0.1%)
$28,800 + $115,200
$144,000
2024
$2,151 (+29.5%)
$28,800 + $115,200
$144,000
2023
$1,660 (−19.0%)
$28,800 + $115,200
$144,000
2022
$2,051 (+0.4%)
$28,800 + $115,200
$144,000
2021
$2,043 (−1.3%)
$28,800 + $115,200
$144,000
2020
$2,070 (−11.4%)
$28,800 + $115,200
$144,000
2019
$2,337 (−1.1%)
$35,600 + $142,400
$178,000
2018
$2,363 (+0.9%)
$35,600 + $142,400
$178,000
2017
$2,342 (+25.5%)
$36,000 + $144,000
$180,000
2016
$1,866 (−3.8%)
$36,000 + $144,000
$180,000
2015
$1,940 (−2.5%)
$28,400 + $113,600
$142,000
2014
$1,989 (−51.6%)
$124,264 + $188,122
$312,386
2012
$4,114 (+386.8%)
$123,703 + $187,272
$310,975
2011
$845 (−0.8%)
$121,278 + $183,600
$304,878
2010
$852 (+3.7%)
$12,613 + $34,660
$47,273
2009
$822
$12,519 + $34,401
$46,920
2008
$12,549 + $34,483
$47,032
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
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