NOT LISTED FOR SALE

Douglas Building Lofts 257 S Spring St Unit 4F Los Angeles, CA 90012

Downtown LA Neighborhood

Estimated Value: $602,000 - $834,000

2 Beds
2 Baths
1,120 Sq Ft
$849/mo HOA Fee

Last Sold August 25, 2023

Last sale price $765,000 $683 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,142/month

7 Days on Market

Highlights

  • 24-Hour Security
  • 0.66 Acre Lot
  • Views
  • Gated Parking
  • Wood Flooring
  • 4-minute walk to Spring Street Park

About This Home

As of August 2023

Gorgeous New York style historic live/work 2 bed/2 bath loft in the heart of the Old Bank District featuring exposed brick walls, original Douglas Fir hardwood flooring, and massive restored classic double-hung windows providing tons of natural light. Douglas HOA is an amazingly well-maintained building entry into owning a loft in Downtown Los Angeles. All units feature high ceilings, original hardwood and tile flooring, central heat and AC and washer dryers in unit. the living room, dining area, kitchen, and Both bedrooms feature complete privacy from the living and dining areas. Each room has double window treatments and a full-size soaking tub bathroom. The basement of the building was converted into a car park and this unit has one space, with access to the upper floors by one of the two elevators in the DB. The Douglas is a Mills Act status building. A benefit for huge property tax deduction. Steps away from Grand Central Market, major cultural attractions, and world-class eateries. Two blocks from the Metro Red Line, parks, and all that the Historic Core has to offer.

Last Agent to Sell the Property

Jin Seo

Redpoint Realty License #01931207 Listed on: 07/25/2023

Last Buyer's Agent

James Maxwell

LA Real License #01398101

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,789

Year Built

  • Built in 1899

Lot Details

  • 0.66

HOA Fees

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property
  • Dining Area
  • Wood Flooring
  • Oven or Range
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Gated Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5149-008-068

Community Details

Overview

  • 50 Units

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,789

Year Built

Built in 1899

Lot Details

0

HOA Fees

$849 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Complex Name: Douglas HOA
  • Entry Floor: 4
  • Living Area: 1120
  • Lot Acreage: 0.6616
  • Planned Urban Dev: 0
  • Stories: 1
  • Unit Floor In Building: 4
  • Year Built: 1899
  • Number Of Photos: 23
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Range/Oven, Refrigerator, Washer, Dryer
  • Price Per S Q F T: 683.04

Exterior Features

  • Pool: No
  • View: Walk Street
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Community Garage, Assigned
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Card/Code Access, Carbon Monoxide Detector(s), Smoke Detector

Association/Amenities

  • Amenities: Security, Gated Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA #2 Fee Frequency: Monthly
  • HOA Fees: 599.00
  • HOA Fees: 250.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5149-008-068
  • Lot Size Area: 28817

Multi Family

  • Number Of Units: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2023
Closed on
Aug 2, 2023
Sold by
Leong Jarret
Bought by
Barda Moshe M and Buchbinder Liza S
Seller's Agent
Jin Seo
Redpoint Realty
Buyer's Agent
James Maxwell
LA Real
List Price
$765,000
Sold Price
$765,000
Views
244
Current Estimated Value
$746,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,129
Avg. Annual Appreciation
-3.01%
Original Mortgage
$535,500
Outstanding Balance
$524,648
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$194,746

Purchase Details

Listed on
Apr 13, 2013
Closed on
Apr 29, 2013
Sold by
Conant Spicer
Bought by
Leong Jarret
Seller's Agent
Alex LiMandri
Urban Residential Brokerage, Inc.
Buyer's Agent
Lisa Muramatsu
Hisako Muramatsu
List Price
$569,000
Sold Price
$600,000
Premium/Discount to List
$31,000
5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.41%

Purchase Details

Closed on
May 4, 2005
Sold by
257 Spring Street Llc
Bought by
Conant Spicer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
4.73%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Barda Moshe M $765,000 Provident Title Company
Leong Jarret $600,000 Lawyers Title
Conant Spicer $450,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barda Moshe M $535,500
Previous Owner Conant Spicer $350,000
Previous Owner Conant Spicer $45,500
Previous Owner Conant Spicer $359,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $765,000 0.0% $683 / Sq Ft
08/01/2023 08/01/23 Pending -- -- --
07/25/2023 07/25/23 For Sale $765,000 0.0% $683 / Sq Ft
10/23/2021 10/23/21 Rented $2,950 0.0% --
10/15/2021 10/15/21 For Rent $2,950 +5.4% --
06/23/2017 06/23/17 Rented $2,800 0.0% --
06/05/2017 06/05/17 For Rent $2,800 +1.8% --
07/05/2016 07/05/16 Rented $2,750 0.0% --
06/19/2016 06/19/16 For Rent $2,750 0.0% --
06/06/2013 06/06/13 Sold $600,000 +5.4% $536 / Sq Ft
04/18/2013 04/18/13 Pending -- -- --
04/13/2013 04/13/13 For Sale $569,000 -- $508 / 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 $2,789 $208,000 $41,600 $166,400
2024 $2,789 $208,000 $41,600 $166,400
2023 $2,697 $208,000 $41,600 $166,400
2022 $2,622 $208,000 $41,600 $166,400
2021 $2,730 $217,000 $43,400 $173,600
2019 $2,793 $236,000 $47,200 $188,800
2018 $2,987 $236,000 $47,200 $188,800
2016 $2,566 $203,000 $40,600 $162,400
2015 $2,560 $203,000 $40,600 $162,400
2014 $2,623 $156,000 $31,200 $124,800
Source: Public Records

Agents Affiliated with this Home

  • Jin Seo

    Seller's Agent in 2023

    Jin Seo

    Redpoint Realty

    (323) 326-3221

    1 in this area

    26 Total Sales

    Jin Seo
    Section Image
  • James Maxwell

    Buyer's Agent in 2023

    James Maxwell

    LA Real

    (323) 929-6380

    4 in this area

    46 Total Sales

    James Maxwell
    Section Image
  • Brandon Buhr

    Buyer's Agent in 2021

    Brandon Buhr

    PLG Estates

    (310) 433-5750

    8 in this area

    10 Total Sales

    Brandon Buhr
    Section Image

  • T

    Seller's Agent in 2017

    Tomoko Ozawa

    Person Realty, Inc.

    (310) 231-1200

    Tomoko Ozawa
    Section Image

  • A

    Seller's Agent in 2013

    Alex LiMandri

    Urban Residential Brokerage, Inc.

    Section Image
  • Lisa Muramatsu

    Buyer's Agent in 2013

    Lisa Muramatsu

    Hisako Muramatsu

    (310) 869-7159

    7 Total Sales

    Lisa Muramatsu
    Section Image
See All Agents

About Douglas Building Lofts

Map

Source: The MLS

MLS Number: 23-292233

The MLS

APN: 5149-008-068

California Los Angeles County Los Angeles 90012 Downtown LA

257 S Spring St Unit 4F, Los Angeles, CA

This home is located at 257 S Spring St Unit 4F, Los Angeles, CA 90012 since 25 July 2023 and is currently estimated at $746,871, approximately $666 per square foot. This property was built in 1899. 257 S Spring St Unit 4F 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.

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