NOT LISTED FOR SALE

El Dorado Lofts 416 S Spring St Unit 408 Los Angeles, CA 90013

Downtown LA Neighborhood

Estimated Value: $437,000 - $584,000

1 Bed
1 Bath
730 Sq Ft
$668/Sq Ft Est. Value

Last Sold February 19, 2019

Last sale price $590,000 $808 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $2,916/month

About This Home

As of February 2019

This crisp and intelligently designed bright open concept unit at the El Dorado Lofts comes cloaked in old-world charm blended with modern-day conveniences including a spacious kitchen w/ stainless steel appliances, granite counters, in-unit washer & dryer, central HVAC, and a spacious bath w/ deep-soaking tub. Additional features include hardwood floors, exposed concrete walls/beams, and original interior doors. The kitchen, dining area and living room all enjoy stunning views of the park and the vibrant historic core through a large set of glass sliding doors opening to the private balcony perfect for soaking in the energy of the city all the while being in a safe sanctuary. Once known as the "Wall Street of the West", the Historic Core is the beating heart of downtown L.A. with some of the best shops, restaurants, bars, art galleries, and entertainment DTLA has to offer. 24/7 controlled access building, optional on-site parking available for a monthly fee. A must-see Live-Work Loft.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2024
Sold by
1116 Budon Llc
Bought by
Hsd Living Trust and Dayani
Current Estimated Value
$487,438

Purchase Details

Listed on
Jan 5, 2019
Closed on
Jan 18, 2019
Sold by
Dagher Bahjat
Bought by
1116 Budon Llc
Seller's Agent
Tiffany Gatto
Smart LA Realty
Buyer's Agent
Thomas Alexander
Alexander Premier Properties
List Price
$625,000
Sold Price
$590,000
Premium/Discount to List
-$35,000
-5.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.99%

Purchase Details

Listed on
Jul 26, 2014
Closed on
Jan 28, 2015
Sold by
Vautrot Leah G
Bought by
Dagher Bahjat
Seller's Agent
Alex LiMandri
Urban Residential Brokerage, Inc.
Buyer's Agent
Robert McGowan
Smart LA Realty
List Price
$499,000
Sold Price
$470,000
Premium/Discount to List
-$29,000
-5.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.88%
Original Mortgage
$399,500
Interest Rate
3.61%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 20, 2010
Sold by
Msgg El Dorado Realty Partners Llc
Bought by
Vautrot Leah G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,000
Interest Rate
5.02%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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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
Hsd Living Trust -- Provident Title
1116 Budon Llc $590,000 Provident Title Co
Dagher Bahjat $476,000 Lawyers Title
Vautrot Leah G $299,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1116 Budon Llc $400,000
Previous Owner Dagher Bahjat $399,500
Previous Owner Vautrot Leah G $209,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2024 04/12/24 Rented $2,200 0.0% --
04/12/2024 04/12/24 Under Contract -- -- --
03/29/2024 03/29/24 Price Changed $2,200 -4.3% $3 / Sq Ft
02/04/2024 02/04/24 Price Changed $2,300 -8.0% $3 / Sq Ft
12/11/2023 12/11/23 Price Changed $2,500 -5.7% $3 / Sq Ft
12/03/2023 12/03/23 Price Changed $2,650 -7.0% $4 / Sq Ft
11/27/2023 11/27/23 For Rent $2,850 0.0% --
02/19/2019 02/19/19 Sold $590,000 -5.6% $808 / Sq Ft
01/05/2019 01/05/19 For Sale $625,000 0.0% $856 / Sq Ft
05/29/2016 05/29/16 Rented $2,450 +7.7% --
05/12/2016 05/12/16 For Rent $2,275 -10.8% --
05/07/2016 05/07/16 Rented $2,550 0.0% --
03/31/2016 03/31/16 Price Changed $2,550 -10.5% $3 / Sq Ft
03/18/2016 03/18/16 Price Changed $2,850 -4.8% $3 / Sq Ft
03/06/2016 03/06/16 Price Changed $2,995 -3.4% $4 / Sq Ft
02/20/2016 02/20/16 For Rent $3,099 0.0% --
02/27/2015 02/27/15 Sold $470,000 -5.8% $554 / Sq Ft
01/29/2015 01/29/15 For Sale $499,000 0.0% $588 / Sq Ft
01/26/2015 01/26/15 Pending -- -- --
01/07/2015 01/07/15 For Sale $499,000 0.0% $588 / Sq Ft
01/07/2015 01/07/15 Price Changed $499,000 +6.2% $588 / Sq Ft
12/29/2014 12/29/14 Off Market $470,000 -- --
10/21/2014 10/21/14 Price Changed $478,000 +11.4% $564 / Sq Ft
09/21/2014 09/21/14 Price Changed $429,000 -14.0% $506 / Sq Ft
07/26/2014 07/26/14 For Sale $499,000 -- $588 / Sq Ft

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 $2,151 $144,000 $28,800 $115,200
2023 $2,128 $144,000 $28,800 $115,200
2022 $2,051 $144,000 $28,800 $115,200
2021 $2,043 $144,000 $28,800 $115,200
2019 $2,337 $178,000 $35,600 $142,400
2018 $2,363 $178,000 $35,600 $142,400
2016 $1,866 $142,000 $28,400 $113,600
2015 $1,941 $142,000 $28,400 $113,600
2014 $1,990 $312,386 $124,264 $188,122
Source: Public Records

Agents Affiliated with this Home

  • David Lukan

    Seller's Agent in 2024

    David Lukan

    Compass

    (818) 284-7560

    15 in this area

    55 Total Sales

    David Lukan
    Section Image

  • C

    Seller Co-Listing Agent in 2024

    Chao Zhu

    Compass

    (818) 284-7560

    3 in this area

    10 Total Sales

    Chao Zhu
    Section Image
  • Stefanie McIntyre

    Buyer's Agent in 2024

    Stefanie McIntyre

    Keller Williams Larchmont

    (323) 762-2600

    2 in this area

    16 Total Sales

    Stefanie McIntyre
    Section Image
  • Tiffany Gatto

    Seller's Agent in 2019

    Tiffany Gatto

    Smart LA Realty

    (213) 447-4130

    3 in this area

    9 Total Sales

    Tiffany Gatto
    Section Image
  • Thomas Alexander

    Buyer's Agent in 2019

    Thomas Alexander

    Alexander Premier Properties

    (323) 251-4609

    2 in this area

    15 Total Sales

    Thomas Alexander
    Section Image

  • R

    Seller's Agent in 2016

    Robert McGowan

    Smart LA Realty

See All Agents

About El Dorado Lofts

Map

California Los Angeles County Los Angeles 90013 Downtown LA

416 S Spring St Unit 408, Los Angeles, CA

This home is located at 416 S Spring St Unit 408, Los Angeles, CA 90013 and is currently estimated at $487,438, approximately $667 per square foot. 416 S Spring St Unit 408 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.

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.

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