NOT LISTED FOR SALE

Douglas Building Lofts 257 S Spring St Unit 2D Los Angeles, CA 90012

Downtown LA Neighborhood

Estimated Value: $452,803 - $866,000

1 Bed
1 Bath
740 Sq Ft
0.66 Acres

Last Sold November 06, 2013

Last sale price $400,500 $541 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,243/month

77 Days on Market

Highlights

  • Gated with Attendant
  • Wood Flooring
  • Elevator
  • 28,817 Sq Ft lot
  • Loft
  • 4-minute walk to Spring Street Park

About This Home

As of November 2013

Now is your chance to own a unit in the Douglas Building in the historic core of Downtown Los Angeles! Built in 1899, and rehabbed in 2005, the building is one of the few remaining vestiges of Los Angeles' 19th century architectural treasures. This unit has a large, open and charming floor plan, it features the extra-large original double hung windows, exposed brick, extra-high ceilings, original hardwood flooring throughout, and a Poggen Pohl kitchen with Bosch and Samsung appliances. The Douglas Building is also Mills Act approved, giving the owner a substantial property tax savings!

Last Agent to Sell the Property

Anne Healy

WRS Enterprises, Inc. License #01879860 Listed on: 07/22/2013

Last Buyer's Agent

Allyson Connolly

The Agency New Development License #01897527

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,772

Year Built

  • Built in 1899

Lot Details

  • 0.66

Parking

  • 1 Car Garage

Interior Spaces

  • 740 Sq Ft Home
  • Loft

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5149-008-040

Community Details

Overview

  • 50 Units
  • Prime Association, Phone Number (213) 627-2965
  • Low-Rise Condominium
  • Built by Downtown Properties
  • Planned Unit Development

Pet Policy

  • Pets Allowed

Additional Features

  • Elevator
  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,772

Year Built

Built in 1899

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Low Rise
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Builder Name: Downtown Properties
  • Complex Name: Douglas Building Lofts Property Owners Association
  • Entry Floor: 1
  • Living Area: 740
  • Planned Urban Dev: 1
  • Unit Floor In Building: 2
  • Year Built: 1899
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Remote Controls: 1
  • Flooring: Hardwood, Mixed, Tile
  • Bedrooms: 1
  • Full Bathroom: 1
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 540.41

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated Community with Guard

Association/Amenities

  • Amenities: Elevator, Gated Community Guard
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 528.00
  • Management Company: Prime Association
  • Phone: 213-627-2965

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5149-008-040
  • Geocode Override: Yes
  • Lot Size Area: 28817

Multi Family

  • Number Of Units: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2013
Closed on
Nov 1, 2013
Sold by
Lee Dan Chung
Bought by
Rossini Nicola Lantheaume
Seller's Agent
Anne Healy
WRS Enterprises, Inc.
Buyer's Agent
Allyson Connolly
The Agency New Development
List Price
$359,900
Sold Price
$400,500
Premium/Discount to List
$40,600
11.28%
Current Estimated Value
$569,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,701
Avg. Annual Appreciation
3.02%
Original Mortgage
$320,400
Outstanding Balance
$240,043
Interest Rate
4.27%
Mortgage Type
New Conventional
Estimated Equity
$329,158

Purchase Details

Closed on
May 4, 2005
Sold by
257 Spring Street Llc
Bought by
Lee Dan Chung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
5.58%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rossini Nicola Lantheaume $400,500 First American Title Company
Lee Dan Chung $310,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rossini Nicola Lantheaume $320,400
Previous Owner Lee Dan Chung $248,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2013 11/06/13 Sold $400,500 +0.2% $541 / Sq Ft
10/07/2013 10/07/13 Pending -- -- --
07/23/2013 07/23/13 Price Changed $399,900 +11.1% $540 / Sq Ft
07/22/2013 07/22/13 For Sale $359,900 -- $486 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,772 $137,000 $27,400 $109,600
2024 $1,772 $137,000 $27,400 $109,600
2023 $1,768 $137,000 $27,400 $109,600
2022 $1,720 $137,000 $27,400 $109,600
2021 $1,790 $143,000 $28,600 $114,400
2019 $1,893 $172,000 $34,400 $137,600
2018 $2,155 $172,000 $34,400 $137,600
2016 $1,446 $114,000 $22,800 $91,200
2015 $1,442 $114,000 $22,800 $91,200
2014 $1,889 $213,000 $63,900 $149,100
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2013

    Anne Healy

    WRS Enterprises, Inc.

  • A

    Buyer's Agent in 2013

    Allyson Connolly

    The Agency New Development

See All Agents

About Douglas Building Lofts

Map

Source: The MLS

MLS Number: 13-690617

The MLS

APN: 5149-008-040

California Los Angeles County Los Angeles 90012 Downtown LA

257 S Spring St Unit 2D, Los Angeles, CA

This home is located at 257 S Spring St Unit 2D, Los Angeles, CA 90012 since 22 July 2013 and is currently estimated at $569,201, approximately $769 per square foot. This property was built in 1899. 257 S Spring St Unit 2D is a home located in Los Angeles County with nearby schools including Para Los Niños Charter Middle School, Sal Castro Middle School, and Ramón C. Cortines School of Visual and Performing Arts.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes