Beautiful Loft , located in the coveted El Dorado building, in the Historic Core of the Old Bank District of Downtown L. A. On the 8th Floor is this perfectly restored & preserved Loft, originally The Hotel Stowell designed by Fredrick Noonan. This Bright, south-facing unit opens onto a private balcony overlooking Spring Street with breathtaking cityscape views. Large kitchen w/ stainless steel Bosch appliances, ample storage, granite countertops & custom recessed lighting. Exposed concrete beams, 10' ceilings, wood floors, blackout shades for privacy & protection, in-unit washer/dryer, two full-sized closets, original bank front door & onsite security. Historical Landmark, Mills Act designation w/ huge property tax savings. Sits above Le Petit Paris restaurant, underground bar El Dorado. Steps from Downtown's finest restaurants, Spring Street Park, Art Galleries, theaters, shops, Grand Central Market, Metro, Library and The Music Center.
CondoProperty Type
1914Year Built
10,334 sq ftLot Size
$555Est. Price/Sq.Ft.
1 car garageParking
Listed by Chelsea Kyles•DRE #02006051• Keller Williams Larchmont
•818-917-1224 (agent)
•chelsea@chelseakyles.com (agent)
Bought with Lisa Casey•DRE #01811625• Coldwell Banker Realty
Beautiful Loft , located in the coveted El Dorado building, in the Historic Core of the Old Bank District of Downtown L.A. On the 8th Floor is this perfectly restored & preserved Loft, originally The Hotel Stowell designed by Fredrick Noonan. This Bright, south-facing unit opens onto a private balcony overlooking Spring Street with breathtaking cityscape views. Large kitchen w/ stainless steel Bosch appliances, ample storage, granite countertops & custom recessed lighting. Exposed concrete beams, 10' ceilings, wood floors, blackout shades for privacy & protection, in-unit washer/dryer, two full-sized closets, original bank front door & onsite security. Historical Landmark, Mills Act designation w/ huge property tax savings. Sits above Le Petit Paris restaurant, underground bar El Dorado. Steps from Downtown's finest restaurants, Spring Street Park, Art Galleries, theaters, shops, Grand Central Market, Metro, Library and The Music Center.
TheMLS #20-605828
Oct 6, 2020
Sold
$465,000
$628/sq ft
Aug 21, 2020
Pending
—
Jul 17, 2020
Listed
$510,000
$689/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,177 (−0.1%)
$29,200 + $116,800
$146,000
2024
$2,180 (+29.0%)
$29,200 + $116,800
$146,000
2023
$1,689 (−18.7%)
$29,200 + $116,800
$146,000
2022
$2,079 (+0.4%)
$29,200 + $116,800
$146,000
2021
$2,071 (+2.8%)
$29,200 + $116,800
$146,000
2020
$2,014 (+3.7%)
$29,200 + $116,800
$146,000
2019
$1,942 (−19.2%)
$36,200 + $144,800
$181,000
2018
$2,403 (+1.4%)
$36,200 + $144,800
$181,000
2017
$2,369 (+25.1%)
$36,400 + $145,600
$182,000
2016
$1,893 (+0.5%)
$36,400 + $145,600
$182,000
2015
$1,884 (−2.4%)
$28,800 + $115,200
$144,000
2014
$1,931 (−56.3%)
$134,820 + $209,024
$343,844
2012
$4,417 (+416.0%)
$134,211 + $208,080
$342,291
2011
$856 (−0.8%)
$131,580 + $204,000
$335,580
2010
$863 (+3.7%)
$12,785 + $35,134
$47,919
2009
$832
$12,690 + $34,872
$47,562
2008
$12,721 + $34,955
$47,676
Tax history for 416 S Spring St #807
Year
Property tax
Land + Additions
Assessment*
2025
$2,177 (−0.1%)
$29,200 + $116,800
$146,000
2024
$2,180 (+29.0%)
$29,200 + $116,800
$146,000
2023
$1,689 (−18.7%)
$29,200 + $116,800
$146,000
2022
$2,079 (+0.4%)
$29,200 + $116,800
$146,000
2021
$2,071 (+2.8%)
$29,200 + $116,800
$146,000
2020
$2,014 (+3.7%)
$29,200 + $116,800
$146,000
2019
$1,942 (−19.2%)
$36,200 + $144,800
$181,000
2018
$2,403 (+1.4%)
$36,200 + $144,800
$181,000
2017
$2,369 (+25.1%)
$36,400 + $145,600
$182,000
2016
$1,893 (+0.5%)
$36,400 + $145,600
$182,000
2015
$1,884 (−2.4%)
$28,800 + $115,200
$144,000
2014
$1,931 (−56.3%)
$134,820 + $209,024
$343,844
2012
$4,417 (+416.0%)
$134,211 + $208,080
$342,291
2011
$856 (−0.8%)
$131,580 + $204,000
$335,580
2010
$863 (+3.7%)
$12,785 + $35,134
$47,919
2009
$832
$12,690 + $34,872
$47,562
2008
$12,721 + $34,955
$47,676
*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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