Seller's Agent in 2024
Yuri Huxley
Coldwell Banker Realty
(310) 869-2655
27 in this area
36 Total Sales
Douglas Building Lofts 257 S Spring St Unit 4L Los Angeles, CA 90012
Downtown LA NeighborhoodEstimated Value: $351,000 - $449,000
--
Bed
1
Bath
650
Sq Ft
$626/mo
HOA Fee
Highlights
- Gated with Attendant
- 0.66 Acre Lot
- Loft
- City Lights View
- Wood Flooring
- 4-minute walk to Spring Street Park
About This Home
As of March 2024RARE IN-BUILDING PARKING SPACE INCLUDED! Charming and bright south-facing live/work loft in the historic landmark Douglas Building that is MILLS ACT APPROVED FOR MASSIVE PROPERTY TAX SAVINGS. Built in 1899 by architects James & Merrit Reid, this stunning loft conversion of the former Southern Pacific Railroad ticketing office features many restored original details such as hardwood floors, tile mosaic floors in the dining area, exposed brick walls, and oversized windows that let in tons of natural light and showcase views of the iconic Bradbury Building and city scape. The open plan loft has a flexible layout and features tall 12' ceilings, and has been modernized with central heat/AC, and kitchen featuring dual toned Poggen Pohl kitchen cabinetry, and stainless steel appliances. Kitchen opens out to a dining area of original mosaic floors, and then flows into the living room for easy entertaining. Windows feature ambient shades and curtains. The bathroom has Waterworks fixtures, and there is a vented laundry closet w/ a stackable W/D. One rare assigned, underground garage parking space is included. The Douglas Building is a boutique-style building with only 50-units. There is secured and coded entry and a front desk security guard/reception. Enjoy the best of DTLA within blocks, such as the Sunday Spring St Farmers Market, Arts District, Little Tokyo, Grand Central Market, Metro Regional Connector, Grand Park, Walt Disney Concert Hall, Vibiana, Frank Gehry's Grand LA, Conrad Hotel, San Laurel, The Broad Museum, Whole Foods, Neuehouse Members Club, Blue Bottle Coffee, G&B Coffee, McConnell's Ice Cream, Redbird, Le Petit Paris, Badmaash, Spring Arcade, over 25 art galleries withing walking distance and more.
Last Agent to Sell the Property
Coldwell Banker Realty License #01917264 Listed on: 08/29/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,645
Year Built
- Built in 1899
Lot Details
- South Facing Home
- Gated Home
HOA Fees
- $626 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Controlled Entrance
Home Design
- Entry on the 1st floor
Interior Spaces
- 650 Sq Ft Home
- Brick Wall or Ceiling
- High Ceiling
- Custom Window Coverings
- Dining Area
- Loft
- City Lights Views
Kitchen
- Oven
- Gas Cooktop
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Laundry Room
- Dryer
- Washer
Additional Features
- City Lot
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 5149-008-072
Community Details
Overview
- Association fees include gas, electricity, water and sewer paid, trash, security, building and grounds
- 50 Units
- Low-Rise Condominium
- 5-Story Property
Amenities
- Lobby
Pet Policy
- Pets Allowed
Security
- Gated with Attendant
- Card or Code Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 29, 2023
Closed on
Mar 5, 2024
Sold by
Finkelstein Eric
Bought by
Stevens Jeffrey W
Seller's Agent
Yuri Huxley
Coldwell Banker Realty
Buyer's Agent
Bonnie Hyde
Coldwell Banker Realty
List Price
$495,000
Sold Price
$410,000
Premium/Discount to List
-$85,000
-17.17%
Views
205
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,523
Avg. Annual Appreciation
-0.85%
Original Mortgage
$260,000
Outstanding Balance
$255,675
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$148,802
Purchase Details
Closed on
May 3, 2005
Sold by
257 Spring Street Llc
Bought by
Stevens Jeffrey W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
5.56%
Mortgage Type
Fannie Mae Freddie Mac
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Stevens Jeffrey W | -- | Fidelity National Title | |
| Peng Hong | $410,000 | Fidelity National Title | |
| Stevens Jeffrey W | $345,000 | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Peng Hong | $260,000 | |
| Previous Owner | Stevens Jeffrey W | $276,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/15/2024 03/15/24 | Sold | $410,000 | -6.6% | $631 / Sq Ft |
| 03/04/2024 03/04/24 | Pending | -- | -- | -- |
| 01/30/2024 01/30/24 | Price Changed | $439,000 | -10.2% | $675 / Sq Ft |
| 12/03/2023 12/03/23 | Price Changed | $489,000 | -1.2% | $752 / Sq Ft |
| 08/29/2023 08/29/23 | For Sale | $495,000 | 0.0% | $762 / Sq Ft |
| 07/01/2021 07/01/21 | Rented | $2,041 | -7.2% | -- |
| 06/10/2021 06/10/21 | For Rent | $2,200 | +10.0% | -- |
| 11/30/2016 11/30/16 | Rented | $2,000 | +8.1% | -- |
| 11/02/2016 11/02/16 | Price Changed | $1,850 | -5.1% | $3 / Sq Ft |
| 11/02/2016 11/02/16 | For Rent | $1,950 | 0.0% | -- |
| 10/31/2016 10/31/16 | Off Market | $1,950 | -- | -- |
| 09/17/2016 09/17/16 | Price Changed | $1,950 | -9.3% | $3 / Sq Ft |
| 09/13/2016 09/13/16 | For Rent | $2,150 | 0.0% | -- |
| 08/19/2016 08/19/16 | Rented | $2,150 | +10.3% | -- |
| 08/19/2016 08/19/16 | Under Contract | -- | -- | -- |
| 07/29/2016 07/29/16 | Price Changed | $1,950 | -15.0% | $3 / Sq Ft |
| 07/08/2016 07/08/16 | For Rent | $2,295 | +39.1% | -- |
| 08/19/2013 08/19/13 | Rented | $1,650 | 0.0% | -- |
| 08/19/2013 08/19/13 | Under Contract | -- | -- | -- |
| 08/11/2013 08/11/13 | For Rent | $1,650 | -- | -- |
Source: The MLS
Tax History Compared to Growth
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 | $1,645 | $418,200 | $81,600 | $336,600 |
| 2024 | $1,645 | $121,000 | $24,200 | $96,800 |
| 2023 | $1,642 | $121,000 | $24,200 | $96,800 |
| 2022 | $1,597 | $121,000 | $24,200 | $96,800 |
| 2021 | $1,656 | $126,000 | $25,200 | $100,800 |
| 2019 | $1,748 | $151,000 | $30,200 | $120,800 |
| 2018 | $1,972 | $151,000 | $30,200 | $120,800 |
| 2017 | $2,044 | $157,000 | $31,400 | $125,600 |
| 2016 | $2,326 | $182,000 | $56,400 | $125,600 |
| 2015 | $1,918 | $182,000 | $56,400 | $125,600 |
| 2014 | $1,639 | $182,000 | $56,400 | $125,600 |
Source: Public Records
Agents Affiliated with this Home
-
Yuri Huxley
-
Bonnie Hyde
Buyer's Agent in 2024
Bonnie Hyde
Coldwell Banker Realty
(310) 905-0128
1 in this area
15 Total Sales
-
S
Buyer's Agent in 2021
Subscriber Non
Non-Participant Office
-
A
Seller's Agent in 2016
Alex LiMandri
Urban Residential Brokerage, Inc.
-
C
Buyer's Agent in 2013
Constance Vassilev
Realty Source Incorporated
About Douglas Building Lofts
Map
Source: The MLS
MLS Number: 23-305945
APN: 5149-008-072
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© 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.
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