NOT LISTED FOR SALE

El Dorado Lofts 416 S Spring St Unit 1010 Los Angeles, CA 90013

Downtown LA Neighborhood

Estimated Value: $458,807 - $768,000

-- Bed
1 Bath
780 Sq Ft
10,019 Sq Ft Lot

Last Sold June 05, 2015

Last sale price $500,000 $641 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,325/month

9 Days on Market

Highlights

  • 24-Hour Security
  • Panoramic View
  • Loft
  • Gated Parking
  • Wood Flooring
  • 2-minute walk to Spring Street Park

About This Home

As of June 2015

One look and you will fall in love with the spectacular views from this uniquely private 10th floor corner unit 1bd/1ba loft in the stylish and historical El Dorado building. This is that dream loft you have been waiting for, featuring compressed wood maple color floors, built-in stainless steel Bosch appliances, Snaidero Italian Cabinets throughout with under cabinet lighting, black granite counter tops, deep soaking tub, washer /dryer, huge coat closet, linen closet, and wardrobe closet. The El Dorado is a Registered Historical Landmark, with a separate resident entrance, SECURITY and Concierge services, 1 reserved parking space in adjacent garage, and it's surrounded by Spring Street Park, hip bars and cafes. Building is covered by the 'Mills Act' and therefore the owners receive a large percentage off of their property tax rate.

Last Agent to Sell the Property

Kameron Eliassian

Avenue Homes License #01395345 Listed on: 03/27/2015

Last Buyer's Agent

Devin Burgess

License #01193670

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,213

Year Built

  • Built in 1914

Lot Details

  • 10,019

Property Views

  • Panoramic
  • Hills

Interior Spaces

  • 1 Full Bathroom
  • 780 Sq Ft Home
  • Loft

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Gated Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5149-038-055

Community Details

Overview

  • 65 Units
  • High-Rise Condominium

Amenities

  • Elevator

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,213

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Complex Name: El Dorado Lofts
  • Entry Floor: 10
  • Living Area: 780
  • Planned Urban Dev: 0
  • Unit Floor In Building: 10
  • Year Built: 1914
  • Number Of Photos: 23
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Hardwood, Laminate
  • Full Bathroom: 1
  • 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: 1.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 608.97

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: City, City Lights, Hills, Panoramic
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Detached, Door Opener, Garage - 1 Car, Garage Is Detached, Gated
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Earth Quake Ins: 0
  • Heating: Central
  • Security: 24 Hour, Guarded

Association/Amenities

  • Amenities: Controlled Access, Elevator, Security
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fees: 463.00

Lot Info

  • Assessor Parcel Number: 5149-038-055
  • Geocode Override: No
  • Lot Size Area: 10334

Multi Family

  • Number Of Units: 65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2015
Closed on
Apr 7, 2015
Sold by
Gahbauer John E and Gahbauer George Rachel
Bought by
Chen Mark and Huynh Theresa
Seller's Agent
Kameron Eliassian
Avenue Homes
Buyer's Agent
Devin Burgess
List Price
$475,000
Sold Price
$500,000
Premium/Discount to List
$25,000
5.26%
Current Estimated Value
$580,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,952
Avg. Annual Appreciation
2.02%
Original Mortgage
$350,000
Interest Rate
3.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 26, 2011
Sold by
Msgg El Dorado Realty Partners Llc
Bought by
Gahbauer John E and Gahbauer George Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,200
Interest Rate
3.25%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Chen Mark $500,000 Equity Title Company
Gahbauer John E $309,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Mark $321,000
Closed Chen Mark $346,000
Previous Owner Chen Mark $350,000
Previous Owner Gahbauer John E $247,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2015 06/05/15 Sold $500,000 +5.3% $641 / Sq Ft
04/05/2015 04/05/15 Pending -- -- --
03/27/2015 03/27/15 For Sale $475,000 -- $609 / 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 $2,213 $154,000 $30,800 $123,200
2024 $2,213 $154,000 $30,800 $123,200
2023 $2,189 $154,000 $30,800 $123,200
2022 $2,109 $154,000 $30,800 $123,200
2021 $2,100 $154,000 $30,800 $123,200
2019 $2,052 $190,000 $38,000 $152,000
2018 $2,526 $190,000 $38,000 $152,000
2016 $2,004 $152,287 $30,457 $121,830
2015 $1,979 $151,000 $30,200 $120,800
2014 -- $316,610 $162,916 $153,694
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2015

    Kameron Eliassian

    Avenue Homes

  • D

    Buyer's Agent in 2015

    Devin Burgess

  • E

    Buyer's Agent in 2015

    Elias Tebache

See All Agents

About El Dorado Lofts

Map

Source: The MLS

MLS Number: 15-891015

The MLS

APN: 5149-038-055

California Los Angeles County Los Angeles 90013 Downtown LA

416 S Spring St Unit 1010, Los Angeles, CA

This home is located at 416 S Spring St Unit 1010, Los Angeles, CA 90013 since 27 March 2015 and is currently estimated at $580,952, approximately $744 per square foot. This property was built in 1914. 416 S Spring St Unit 1010 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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