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About this home
$100,000 UNDER MARKET PRICE FOR A MOVE IN READY 2 BED/2BATH CONDO! THERE IS ALSO DOWN PAYMENT ASSISTANCE AVAILABLE! THIS UNIT IS A STEAL! SELLERS HAVE MOVED OUT OF AREA AND ARE READY TO SELL TODAY! HISTORICAL LANDMARK BUILDING WHICH MEANS APPROX. 75% OFF STANDARD CONDO PROPERTY TAXES! Built in 1914 as the Stowell Hotel, and once home to the actor Charlie Chaplin, The El Dorado has a storied history and is listed on the National Register of Historic Places. The El Dorado carefully restored and retains the stunning Beaux-Arts style exterior while offering all the modern comforts of today in your loft. The Mills Act also offers a considerable property tax savings. Two bedrooms and two bathrooms with walk in closet, city views from your own PRIVATE BALCONY, a warm living room with an open kitchen design perfect for entertaining. Bosch appliances throughout and a washer and dryer included inside your unit. The unit features spacious walk-in closet. Dine Al Fresco while taking in the city views or have a lovely dinner at the many restaurants in DTLA. The residents enjoy 24 controlled access to the building and a front lobby security officer. Walk to everything as you are just minutes from the famed Grand Central Market, top restaurants, bars and venues, the theatre district, museums and more. The Stowaway Bar has been refinished in its original locale in the building's basement, formerly a speakeasy during the 1920's! Two parking spaces are leased to the unit in perpetuity in the 24hr/7 day secured covered parking at cost.
CondoProperty Type
1914Year Built
10,337 sq ftLot Size
$477Price/Sq.Ft.
$1,016/moHOA Dues
2 spacesParking
Listed by Tiffany Gatto•DRE #01822601• Smart LA Realty
Gallery Row, located between Broadway and Alameda Street, is a arts district and loft-style Los Angeles neighborhood with converted warehouses and a street-art-lined streetscape. The neighborhood’s pulse concentrates around 3rd Street and S. Santa Fe Avenue, where galleries, design studios, coffee counters, and late-night eateries cluster under old brick facades. Hauser & Wirth anchors the area with museum-scale exhibitions and a courtyard feel. The Geffen Contemporary at MOCA adds industrial-scale art in a former police-car warehouse. The Arts District Brewing Company brings a casual taproom scene into the mix. Sidewalk murals, roll-up doors, and repurposed loading docks shape a walkable, gallery-hopping rhythm.
Provided by Walk Score and Local Logic
Offer insights
416 S Spring St #905 · $525,000
$523K and above
75% chance or better to win
Why $523K+ is a strong offer
DAYS ON MARKET
284 days
The average home goes pending in 72 days.
SALE-TO-LIST
98.1%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Garbage disposal
Microwave
Has city lights view
Card/code access building entry
Bedrooms
One-level unit (located on 9th floor)
Bathrooms
2 full bathrooms
Kitchen
Dishwasher
Microwave
Refrigerator
Garbage disposal
Laundry & utility
In-unit washer and dryer
Dryer
Heating & cooling
Central heating
A/C
Exterior features
Balcony
City lights view
Home design
Residential condominium, attached
One-level unit within a 12-story building
Unit entry on 9th floor
Parking
2 total parking spaces
2 covered parking spaces
Community garage
Security
Card/code access
Other security features
Construction
Attached construction
Utilities
Public water
Public sewer
HOA & community
Monthly HOA dues
Association allows pets
Complex name: El Dorado HOA
69 units in complex
HOA amenity package (other)
Other
Zoning: LAC4
Directions: S Spring Street, between 4th and 5th Streets
Electricity and solar
View estimated energy costs and solar savings for this home
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