NOT LISTED FOR SALE

El Dorado Lofts 416 S Spring St Unit 1006 Los Angeles, CA 90013

Downtown LA Neighborhood

Estimated Value: $537,000 - $870,000

1 Bed
2 Baths
1,020 Sq Ft
$583/mo HOA Fee

Last Sold May 22, 2017

Last sale price $740,000 $725 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $4,337/month

68 Days on Market

Highlights

  • City Lights View
  • Living Room
  • Controlled Access
  • Walk-In Closet
  • Security Guard
  • 2-minute walk to Spring Street Park

About This Home

As of May 2017

One bedroom listing with 2 large balconies at the prestigious El Dorado Building, one of the best addresses in Downtown LA. The unit features central A/C, brand newly installed premium hardwood floors, kitchen island, recess lighting, exposed brick and tons of natural light. Double pane glass windows are energy efficient and control temperature and reduce outside noise. Large bedroom features expansive walk-in closet, en suite bathroom with large soaking tub, tiled shower, Bosch washer/dryer and upgraded fixtures. Perched directly above peaceful Spring St. park, this unit is on the 10th floor which cancels out street traffic and ground noise. The unit features fantastic views to the south, west and east. Building is pet-friendly and parking is available in the adjacent garage at $175/month per space or $325/month for 2 tandem spaces.

The building hosts the chic Le Petit Paris restaurant, trendy La Boutique and the elegant El Dorado Bar. It is adjacent to the upcoming Main Museum/rooftop garden and is a short walking distance to Grand Central Market, Whole Foods, Pershing Square, Staples Center, LA Live, FIDM, Restaurant Row and just down the street from Sunday Farmer's Market. Now is the perfect time to come experience Downtown LA's renaissance.

Last Listed By

Rommy Shy

Rommy Shy License #01874848 Listed on: 03/10/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,905

Year Built

  • Built in 1914

Lot Details

  • 10,324

HOA Fees

  • $583 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • City Lights
  • Park or Greenbelt

Home Design

  • Planned Development

Interior Spaces

  • 1,020 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • 1 Common Wall
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 5149
  • Tax Tract Number 38051
  • Assessor Parcel Number 5149038051

Community Details

Overview

  • Prime Association, Phone Number (213) 627-2965

Security

  • Security Guard
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,905

Year Built

Built in 1914

Lot Details

0

HOA Fees

$583 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAC4
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5149038051
  • Year Built: 1914
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1020.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 725.49
  • Room Type: Kitchen, Living Room, Master Bedroom, Walk-In Closet

Exterior Features

  • View: City Lights, Park/Greenbelt
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Trash, Sewer, Dues Paid Monthly, Guard, Security, Controlled Access
  • Association Fee: 583.00
  • Association Fee Frequency: Monthly
  • Association Name: Prime
  • Phone: 213-627-2965
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Planned Unit Development
  • Lot Size Sq Ft: 10334.00

Multi Family

  • Lease Considered: Yes
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2073.02
  • Tax Lot: 5149
  • Tax Tract Number: 038051

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2017
Closed on
May 2, 2017
Sold by
Gurnick Keith L and Gurnick Janis L
Bought by
Yang Jin H and Meng Huan
Seller's Agent
Rommy Shy
Rommy Shy
List Price
$745,000
Sold Price
$740,000
Premium/Discount to List
-$5,000
-0.67%
Total Days on Market
68
Current Estimated Value
$661,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$78,333
Avg. Annual Appreciation
-1.38%
Original Mortgage
$592,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 1, 2010
Sold by
Msgg El Dorado Realty Partners Llc
Bought by
Gurnick Keith L and Gurnick Janis L
Source: Public Records

Range of Values:

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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
Yang Jin H $740,000 North American Title
Gurnick Keith L $422,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Jin H $540,853
Closed Yang Jin H $57,850
Closed Yang Jin H $592,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2017 05/22/17 Sold $740,000 -0.7% $725 / Sq Ft
05/17/2017 05/17/17 Pending -- -- --
03/10/2017 03/10/17 For Sale $745,000 -- $730 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2024 $2,905 $201,000 $40,200 $160,800
2023 $2,872 $201,000 $40,200 $160,800
2022 $2,766 $201,000 $40,200 $160,800
2021 $2,756 $201,000 $40,200 $160,800
2019 $2,701 $214,000 $42,800 $171,200
2018 $2,906 $214,000 $42,800 $171,200
2016 $2,705 $198,000 $39,600 $158,400
2015 $2,669 $198,000 $39,600 $158,400
2014 $2,757 $441,041 $188,122 $252,919
Source: Public Records

Agents Affiliated with this Home

  • Rommy Shy

    Seller's Agent in 2017

    Rommy Shy

    Rommy Shy

    (818) 274-2655

    3 in this area

    25 Total Sales

    Rommy Shy
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About El Dorado Lofts

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17049166

California Regional Multiple Listing Service (CRMLS)

APN: 5149-038-051

California Los Angeles County Los Angeles 90013 Downtown LA

416 S Spring St Unit 1006, Los Angeles, CA

This home is located at 416 S Spring St Unit 1006, Los Angeles, CA 90013 since 10 March 2017 and is currently estimated at $661,667, approximately $648 per square foot. This property was built in 1914. 416 S Spring St Unit 1006 is a home located in Los Angeles County with nearby schools including Para Los Niños Charter Middle School, John H. Liechty Middle School, and Ramón C. Cortines School of Visual and Performing Arts.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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