A rare blend of history, character, and modern upgrades, this ninth-floor condo in the iconic El Dorado Lofts is perfect for anyone who loves living in a space with a story. Built in 1914 and once home to Hollywood legends like Charlie Chaplin, the building offers the charm of a bygone era paired with the convenience of contemporary living. Inside, you'll find high ceilings, exposed concrete details, and a thoughtful layout that feels spacious and inviting. The private balcony provides stunning city views ideal for soaking in the energy of Downtown LA while enjoying a quiet moment above it all. Recent updates include premium plank flooring, custom motorized window treatments and smart LED Lighting. A modern kitchen with Snaidero Italian cabinetry, granite countertops, and stainless steel appliances, including a Samsung refrigerator with a built-in beverage center make hosting a breeze. The bathroom features a partially enclosed tub with subway tile and chrome fixtures, creating a clean, classic feel. This condo is perfect for those who want to enjoy the culture, entertainment, and vibrant atmosphere of Downtown LA, while also appreciating the historical significance of living in a landmark like the El Dorado. With a Walk Score of 96, you're just steps from iconic destinations like Disney Concert Hall, the Last Bookstore, and Grand Central Market, along with a growing list of incredible restaurants and cafes. Public transportation is close by, making it easy to explore even more of what LA has to offer. As a Mills Act property, this home also comes with significant property tax savings, making it a smart investment as well as a special place to live. Secured monthly parking with EV charging options is conveniently available adjacent to the property. If you're looking for a home that's rich in character, ideally located, and thoughtfully updated, Unit 908 is ready to welcome you.
Beautiful and well-maintained one bedroom unit on the 9th floor. Features a balcony with a view that overlooks neighboring park and downtown LA. Lots of natural light from sliding doors and windows along length of unit. Windows and doors block out...
city noise. Open floorplan living area with separate bedroom space with pocket doors. Kitchen has gas stovetop and dishwasher that matches cabinets. Full bathroom is located down hallway which has 3 closets and washer/dryer. Lots of privacy from neighbors, secure entrance and elevators. Unit located around corner from elevator for easy access. Two wardrobes in bedroom give ample storage.
7 years ago• May not reflect the current state of the home
Samantha Madison
Redfin Associate agent
Sale history for 416 S Spring St #908
Date
Event
Price
CLAW #25518443
Apr 24, 2025
Rental Removed
$2,450
$3/sq ft
Apr 22, 2025
Price Changed
$2,450
$3/sq ft
Mar 31, 2025
Listed for Rent
$2,500
$3/sq ft
TheMLS #24-466703
Mar 28, 2025
Sold
$460,000
$630/sq ft
Mar 16, 2025
Pending
—
Mar 12, 2025
Contingent
—
Feb 7, 2025
Relisted
—
Jan 29, 2025
Contingent
—
Jan 21, 2025
Listed
$475,000
$651/sq ft
CRMLS #WS23005660
Mar 30, 2023
Sold
$483,000
$662/sq ft
Mar 3, 2023
Contingent
—
Feb 16, 2023
Price Changed
$495,000
$678/sq ft
Jan 11, 2023
Listed
$498,000
$682/sq ft
Welcome to Unit 908 at the El Dorado Lofts! Unit 908 is located in the Historic Old Bank District, a vibrant neighborhood filled with an ever-growing array of restaurants, theaters, art galleries, and shops. The building was built in 1914 as the Hotel Stowell where Charlie Chaplin once lived and then later renamed the El Dorado Hotel in 1938. As you enter the unit, you’ll notice the entry way features authentic 1898 solid wood doors with replicated hardware. The bedroom area offers privacy with walls and two large wardrobe cabinets that are included with the sale. The kitchen includes granite countertops, honey Snaidero Italian cabinets, and Bosch stainless steel appliances. The unit also include lots of storage space and in-unit LG washer/dryer combo. Grab a cup of coffee or glass of wine and enjoy the views on the balcony. Best of all, this property qualifies for The Mills Act. The Mills Act allows owners to receive a potential property tax reduction that will help offset the costs of ownership. Walking distance to the Metro Station, Financial District, Little Tokyo, Grand Central Market, and many more LA attractions!
CRMLS #WS22151834
Jan 5, 2023
Listing Removed
—
Sep 7, 2022
Contingent
—
Aug 19, 2022
Price Changed
$498,000
$682/sq ft
Jul 11, 2022
Listed
$579,000
$793/sq ft
Greater Lansing AoR #19459864
May 28, 2019
Sold
$612,500
$839/sq ft
Apr 26, 2019
Listed
$612,500
$839/sq ft
TheMLS #19-459864
May 28, 2019
Sold
$612,500
$839/sq ft
May 23, 2019
Pending
—
May 11, 2019
Contingent
—
Apr 26, 2019
Listed
$612,500
$839/sq ft
TheMLS #13-655185
Mar 8, 2013
Sold
$400,000
$548/sq ft
Mar 1, 2013
Pending
—
Mar 1, 2013
Listed
$400,000
$548/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,171 (+1.0%)
$28,800 + $115,200
$144,000
2024
$2,151 (+1.1%)
$28,800 + $115,200
$144,000
2023
$2,128 (+3.8%)
$28,800 + $115,200
$144,000
2022
$2,051 (+0.4%)
$28,800 + $115,200
$144,000
2021
$2,043 (−17.6%)
$28,800 + $115,200
$144,000
2020
$2,478 (+2.4%)
$28,800 + $115,200
$144,000
2019
$2,420 (−1.1%)
$35,600 + $142,400
$178,000
2018
$2,447 (+0.9%)
$35,600 + $142,400
$178,000
2017
$2,425 (+24.4%)
$36,000 + $144,000
$180,000
2016
$1,949 (+0.5%)
$36,000 + $144,000
$180,000
2015
$1,940 (−2.5%)
$28,400 + $113,600
$142,000
2014
$1,989 (−51.1%)
$200,908 + $200,908
$401,816
2012
$4,063 (+3.4%)
$124,848 + $182,070
$306,918
2011
$3,931 (+361.3%)
$122,400 + $178,500
$300,900
2010
$852 (+3.7%)
$120,000 + $175,000
$295,000
2009
$822
$12,519 + $34,401
$46,920
2008
$12,549 + $34,483
$47,032
Tax history for 416 S Spring St #908
Year
Property tax
Land + Additions
Assessment*
2025
$2,171 (+1.0%)
$28,800 + $115,200
$144,000
2024
$2,151 (+1.1%)
$28,800 + $115,200
$144,000
2023
$2,128 (+3.8%)
$28,800 + $115,200
$144,000
2022
$2,051 (+0.4%)
$28,800 + $115,200
$144,000
2021
$2,043 (−17.6%)
$28,800 + $115,200
$144,000
2020
$2,478 (+2.4%)
$28,800 + $115,200
$144,000
2019
$2,420 (−1.1%)
$35,600 + $142,400
$178,000
2018
$2,447 (+0.9%)
$35,600 + $142,400
$178,000
2017
$2,425 (+24.4%)
$36,000 + $144,000
$180,000
2016
$1,949 (+0.5%)
$36,000 + $144,000
$180,000
2015
$1,940 (−2.5%)
$28,400 + $113,600
$142,000
2014
$1,989 (−51.1%)
$200,908 + $200,908
$401,816
2012
$4,063 (+3.4%)
$124,848 + $182,070
$306,918
2011
$3,931 (+361.3%)
$122,400 + $178,500
$300,900
2010
$852 (+3.7%)
$120,000 + $175,000
$295,000
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.
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
1914
Sq. Ft.
730
Year built
1914
Style
Condo/Co-op
County
Los Angeles County
APN
5149038047
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 6, 2026.
Property details
Parking
Garage
Other, Offsite
Interior
Bathroom Information
# of Baths (Full): 1
Kitchen Information
Range, Microwave
Granite Counters
Laundry Information
Stacked Laundry in Closet, Laundry in Unit
Additional Rooms
Dining Area
Loft
Interior Features
Mirrored Closet Door(s), Laundry - Closet Stacked
Windows: Window Blinds
Equipment
Dryer, Garbage Disposal, Dishwasher, Refrigerator, Range/Oven, Washer, Microwave, Ceiling Fan
Other Structural Features: Balcony, Historical, Sliding Glass Doors
Property Information
Land Lease Type: Fee
Property Type: Residential Condo/Co-Op
Lot Information
Lot Size (Sq. Ft.): 10,337
Lot Size (Acres): 0.2373
Zoning: LAC4
Special Zoning: Other
Lot Location: Park Nearby, Near Public Transit
Property Features
Has View
View: Panoramic, City Lights, City
Financial
Assessment Information
Assessor Parcel Number: 5149-038-047
Location
HOA Information
Amenities: Controlled Access, Security, Hot Water
Fee #1: $929
Fee #1 Frequency: Monthly
Fees Include Building and Grounds, Fees Include On Site Security, Fees Include Maintenance, Fees IncludeTrash, Fees Include Water and Sewer, Fees Include Gas
AssociationPetRules: Yes
Community Information
# of Units in Complex (Total): 65
Controlled Access, Trash Chute, Entrance Lobby
Location Information
Unit Floor In Building: 9
Complex Name: El Dorado Lofts
Directions: Corner of Spring St. and 4th St.
Public facts
Beds: —
Baths: —
Sq. Ft.: 730
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: 1914
Year Renovated: 1914
County: Los Angeles County
APN: 5149038047
Home facts updated by county records on Oct 6, 2026
The LA market is rewarding realistic pricing and good strategy. Buyers have more choices and are taking their time, while sellers who price correctly are still getting results. The days of simply “testing the market” are behind us—in this market,...