This crisp and intelligently designed 2 bed, 2 bath unit at the El Dorado building comes cloaked in old-world charm. Located within the Historic Core of DTLA (once known as the "Wall Street of the West") this fantastic home offers 1100 SQFT of prime living space with dark hardwood floors, exposed concrete beams, walls and ceilings, a balcony overlooking Spring Street, and a modern kitchen with designer appliances. The spacious master bedroom offers privacy with en-suite bath and a walk-in closet. The versatile second bedroom can be utilized as a den or simply add sliding doors to close off the room and turn this into a dedicated bedroom. Amenities include stacked washer/dryer in unit, assigned parking, and 24/7 security with controlled access. Thanks to this building's historical relevance, homeowners at El Dorado are rewarded with significant property-tax rebates courtesy of the Mills Act. Located next to Spring Street Park, shops, restaurants, and all DTLA has to offer.
CondoProperty Type
1914Year Built
10,334 sq ftLot Size
$480Est. Price/Sq.Ft.
1 car garageParking
Listed by Kerry Marsico•DRE #01456415• The Agency
•213-700-6515 (agent)
•kerry@kerrymarsico.com (agent)
Bought with Jeremy McGinnis•DRE #01827357• Kobeissi Properties
This crisp and intelligently designed 2 bed, 2 bath unit at the El Dorado building comes cloaked in old-world charm. Located within the Historic Core of DTLA (once known as the "Wall Street of the West") this fantastic home offers 1100 SQFT of prime living space with dark hardwood floors, exposed concrete beams, walls and ceilings, a balcony overlooking Spring Street, and a modern kitchen with designer appliances. The spacious master bedroom offers privacy with en-suite bath and a walk-in closet. The versatile second bedroom can be utilized as a den or simply add sliding doors to close off the room and turn this into a dedicated bedroom. Amenities include stacked washer/dryer in unit, assigned parking, and 24/7 security with controlled access. Thanks to this building's historical relevance, homeowners at El Dorado are rewarded with significant property-tax rebates courtesy of the Mills Act. Located next to Spring Street Park, shops, restaurants, and all DTLA has to offer.
Year
Property tax
Land + Additions
Assessment*
2025
$2,233 (−28.9%)
$43,400 + $173,600
$217,000
2024
$3,140 (+31.0%)
$43,400 + $173,600
$217,000
2023
$2,397 (−19.8%)
$43,400 + $173,600
$217,000
2022
$2,990 (+0.4%)
$43,400 + $173,600
$217,000
2021
$2,978 (−1.3%)
$43,400 + $173,600
$217,000
2020
$3,018 (+3.3%)
$43,400 + $173,600
$217,000
2019
$2,921 (−7.0%)
$46,200 + $184,800
$231,000
2018
$3,140 (−13.9%)
$46,200 + $184,800
$231,000
2017
$3,646 (+24.9%)
$54,400 + $217,600
$272,000
2016
$2,920 (+0.5%)
$54,400 + $217,600
$272,000
2015
$2,906 (+0.6%)
$42,800 + $171,200
$214,000
2014
$2,889 (−50.4%)
$135,866 + $313,537
$449,403
2012
$5,826 (+3.4%)
$135,252 + $312,120
$447,372
2011
$5,634 (+347.2%)
$132,600 + $306,000
$438,600
2010
$1,260 (+3.9%)
$130,000 + $300,000
$430,000
2009
$1,212
$18,864 + $51,835
$70,699
2008
$18,909 + $51,959
$70,868
Tax history for 416 S Spring St #705
Year
Property tax
Land + Additions
Assessment*
2025
$2,233 (−28.9%)
$43,400 + $173,600
$217,000
2024
$3,140 (+31.0%)
$43,400 + $173,600
$217,000
2023
$2,397 (−19.8%)
$43,400 + $173,600
$217,000
2022
$2,990 (+0.4%)
$43,400 + $173,600
$217,000
2021
$2,978 (−1.3%)
$43,400 + $173,600
$217,000
2020
$3,018 (+3.3%)
$43,400 + $173,600
$217,000
2019
$2,921 (−7.0%)
$46,200 + $184,800
$231,000
2018
$3,140 (−13.9%)
$46,200 + $184,800
$231,000
2017
$3,646 (+24.9%)
$54,400 + $217,600
$272,000
2016
$2,920 (+0.5%)
$54,400 + $217,600
$272,000
2015
$2,906 (+0.6%)
$42,800 + $171,200
$214,000
2014
$2,889 (−50.4%)
$135,866 + $313,537
$449,403
2012
$5,826 (+3.4%)
$135,252 + $312,120
$447,372
2011
$5,634 (+347.2%)
$132,600 + $306,000
$438,600
2010
$1,260 (+3.9%)
$130,000 + $300,000
$430,000
2009
$1,212
$18,864 + $51,835
$70,699
2008
$18,909 + $51,959
$70,868
*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.
1,100
Year built
1914
Style
Condo/Co-op
County
Los Angeles County
APN
5149038032
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 6, 2026.
Property details
Parking
Garage
Assigned, Community Garage, Controlled Entrance
Parking
# of Parking Spaces (Total): 1
# of Covered Parking Spaces: 1
Interior
Bathroom Information
# of Baths (Full): 1
# of Baths (3/4): 1
Laundry Information
Laundry in Unit
Additional Rooms
Dining Area, Entry Room, Living Room, Master Bedroom
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