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.
CondoProperty Type
1914Year Built
$497Est. Price/Sq.Ft.
1 car garageParking
Listed by Teresa Fuller•DRE #01315387• COMPASS
Listed by Adam Yokell•DRE #02178885• Compass
Bought with Qubie Vazquez•DRE #01944844• Coldwell Banker Realty
Urban living at it's finest! Historic charm with modern upgrades at this spacious 1 bedroom (possible 2 bed)/2 bath home in DTLA's Historic Core. A bright and inviting living room, dining room with built-in bookshelves, comfortable office which could be a 2nd bedroom, master suite, modern kitchen & baths and balcony with city lights views. Exposed concrete beams, windows on the west wall for a light & airy feel. Laundry located inside the unit. Plans for enclosing 2nd bedroom are ready to go. Architecturally significant Beaux Arts building designed by Frederick Noonan with onsite security and Mills Act status for huge tax savings. Surrounded by some of downtown's best restaurants, shops, parks, and entertainment, including the Historic Downtown Farmers Market, Spring Street Dog Park Grand Central Market, Art Walk DTLA, Perch, The Los Angeles Athletic Club, Botegga Louie, and more! This is a must see!
Year
Property tax
Land + Additions
Assessment*
2025
$2,269 (−28.3%)
$42,600 + $170,400
$213,000
2024
$3,165 (+29.4%)
$42,600 + $170,400
$213,000
2023
$2,447 (−18.9%)
$42,600 + $170,400
$213,000
2022
$3,015 (+0.4%)
$42,600 + $170,400
$213,000
2021
$3,005 (+1.5%)
$42,600 + $170,400
$213,000
2020
$2,961 (+3.3%)
$42,600 + $170,400
$213,000
2019
$2,866 (−7.1%)
$45,400 + $181,600
$227,000
2018
$3,084 (−11.8%)
$45,400 + $181,600
$227,000
2017
$3,496 (+25.6%)
$53,400 + $213,600
$267,000
2016
$2,783 (+0.5%)
$53,400 + $213,600
$267,000
2015
$2,769 (−2.3%)
$42,000 + $168,000
$210,000
2014
$2,834 (−48.6%)
$167,219 + $257,099
$424,318
2012
$5,511 (+3.4%)
$166,464 + $255,938
$422,402
2011
$5,330 (+330.5%)
$163,200 + $250,920
$414,120
2010
$1,238 (+3.9%)
$160,000 + $246,000
$406,000
2009
$1,191
$18,521 + $50,894
$69,415
2008
$18,566 + $51,015
$69,581
Tax history for 416 S Spring St #505
Year
Property tax
Land + Additions
Assessment*
2025
$2,269 (−28.3%)
$42,600 + $170,400
$213,000
2024
$3,165 (+29.4%)
$42,600 + $170,400
$213,000
2023
$2,447 (−18.9%)
$42,600 + $170,400
$213,000
2022
$3,015 (+0.4%)
$42,600 + $170,400
$213,000
2021
$3,005 (+1.5%)
$42,600 + $170,400
$213,000
2020
$2,961 (+3.3%)
$42,600 + $170,400
$213,000
2019
$2,866 (−7.1%)
$45,400 + $181,600
$227,000
2018
$3,084 (−11.8%)
$45,400 + $181,600
$227,000
2017
$3,496 (+25.6%)
$53,400 + $213,600
$267,000
2016
$2,783 (+0.5%)
$53,400 + $213,600
$267,000
2015
$2,769 (−2.3%)
$42,000 + $168,000
$210,000
2014
$2,834 (−48.6%)
$167,219 + $257,099
$424,318
2012
$5,511 (+3.4%)
$166,464 + $255,938
$422,402
2011
$5,330 (+330.5%)
$163,200 + $250,920
$414,120
2010
$1,238 (+3.9%)
$160,000 + $246,000
$406,000
2009
$1,191
$18,521 + $50,894
$69,415
2008
$18,566 + $51,015
$69,581
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
1914
Sq. Ft.
1,080
Year built
1914
Style
Condo/Co-op
County
Los Angeles County
APN
5149038020
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 6, 2026.
Property details
Parking
Parking / Garage Information
# of Garage Spaces: 1
Assigned
Has Parking
# of Parking Spaces: 1
Interior
Laundry Information
Has Laundry
Inside, In Closet
Kitchen Information
Appliances: Gas Cooktop, Microwave, Refrigerator, Electric Oven
Has Appliances
Formal Dining Room, See Remarks
Stone Counters
Bathroom Information
# of Baths (Full): 2
Upgraded, Shower in Tub, Stone Counters, Main Floor Full Bath, Remodeled
Cooling Information
Ductless
Has Cooling
Room Information
Bonus Room, Office, See Remarks, Kitchen, Living Room, Primary Suite
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