Seller's Agent in 2024
David Lukan
Compass
(213) 700-6515
15 in this area
54 Total Sales
El Dorado Lofts 416 S Spring St Unit 408 Los Angeles, CA 90013
Downtown LA Neighborhood
--
Bed
1
Bath
848
Sq Ft
10,019
Sq Ft Lot
Highlights
- City Lights View
- Security Service
- Controlled Entrance
- Loft
- Central Heating and Cooling System
- 2-minute walk to Spring Street Park
About This Home
As of February 2019El Dorado Lofts was described in 1914 by the Los Angeles Times as a magnificent hostelry with a strikingly beautiful Faade and metropolitan conveniences. Originally built by and named for local capitalist and financier, N. W. Stowell. From the grand exterior of green glazed brick and the rich golden tones of Batchelder tiles which adorn the interior walls and lobby columns this building is a historical gem. The open floor plan and private outdoor balcony overlooking Spring Street Park are a commodity in DTLA. Upgraded Bosch appliances, subway tile, and concrete wall features, Mills Act property tax savings, ample closet space and historic core premium location are just a few reasons to take a good look at this wonderful property.
Last Agent to Sell the Property
Alex LiMandri
Urban Residential Brokerage, Inc. License #01822666 Listed on: 07/26/2014
Last Buyer's Agent
Robert McGowan
Smart LA Realty License #01947113
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,151
Year Built
- Built in 1914
Property Views
- Park or Greenbelt
Home Design
- Entry on the 4th floor
Interior Spaces
- 1 Full Bathroom
- 848 Sq Ft Home
- Loft
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- Parking Garage Space
- Off-Site Parking
- Controlled Entrance
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 5149-038-017
Community Details
Pet Policy
- Pets Allowed
Additional Features
- 69 Units
- Security Service
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
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
-0.22%
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
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Provident Title | |
| Grant Deed | $590,000 | Provident Title Co | |
| Grant Deed | $476,000 | Lawyers Title | |
| Grant Deed | $299,000 | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $400,000 | Commercial | |
| Previous Owner | $399,500 | Commercial | |
| Previous Owner | $209,000 | Commercial |
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 |
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 | $2,151 | $144,000 | $28,800 | $115,200 |
| 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
-
Chao Zhu
C
Seller Co-Listing Agent in 2024
Chao Zhu
Compass
(818) 284-7560
3 in this area
14 Total Sales
-
Stefanie McIntyre
Buyer's Agent in 2024
Stefanie McIntyre
Keller Williams Larchmont
(323) 762-2600
2 in this area
13 Total Sales
-
Tiffany Gatto
Seller's Agent in 2019
Tiffany Gatto
Smart LA Realty
(213) 447-4130
2 in this area
8 Total Sales
-
Thomas Alexander
Buyer's Agent in 2019
Thomas Alexander
Alexander Premier Properties
(323) 251-4609
2 in this area
14 Total Sales
-
R
Seller's Agent in 2016
Robert McGowan
Smart LA Realty
About El Dorado Lofts
Map
Source: The MLS
MLS Number: 14-782991
APN: 5149-038-017
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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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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