$590,000
SOLD FEB 19, 2019

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

Downtown LA Neighborhood
1 Bed
1 Bath
730 Sq Ft
$655/mo HOA Fee

Recently Sold

$808 Per Sq Ft

6% Below List Price

10 Days on Market

Highlights

  • 24-Hour Security
  • Loft
  • 2-minute walk to Spring Street Park
  • City Lights View
  • Central Heating and Cooling System

About This Home

As of February 2019

The El Dorado, formally known as the Stillwell Hotel, built in 1914 is an extraordinary example of Beaux Art Architecture with an amazing use of marble and turquoise accents known in that era. Today the El Dorado Lofts sits above the 5* Le Petit Paris Gourmet Restaurant as well as the El Dorado lounge in the basement. It is located in the historic core or old bank district and is a prime example of readaptive reuse. The loft is an open space with a separated bedroom and boasts a outdoor balcony overlooking the new Spring Street Park. This loft includes all appliances, mWood Floors, concrete accents and all the charm of an era past.

Last Agent to Sell the Property

Tiffany Gatto

Smart LA Realty License #01822601 Listed on: 01/05/2019

Last Buyer's Agent

Thomas Alexander

Alexander Premier Properties License #01352795

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,151

Year Built

  • Built in 1914

HOA Fees

  • $655 Monthly HOA Fees

Parking

  • Parking Garage Space

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 730 Sq Ft Home
  • Loft
  • City Lights Views

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5149-038-017

Community Details

Overview

  • 80 Units
  • 12-Story Property

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,151

Year Built

Built in 1914

Lot Details

0

HOA Fees

$655 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Complex Name: The Prime Association HOA
  • Entry Floor: 4
  • Living Area: 730
  • Planned Urban Dev: 0
  • Stories: 12
  • Unit Floor In Building: 4
  • Year Built: 1914
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Bedrooms: 1
  • 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, Elevator, Freezer, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 856.16

Exterior Features

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

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Community Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour

Association/Amenities

  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 655.39
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5149-038-017
  • Geocode Override: No
  • Lot Size Area: 10334

Multi Family

  • Number Of Units: 80

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
$602,333

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
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

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

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 $2,151 $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

    Seller's Agent in 2024

    David Lukan

    Compass

    (213) 700-6515

    15 in this area

    54 Total Sales

    David Lukan
    Section Image

  • C

    Seller Co-Listing Agent in 2024

    Chao Zhu

    Compass

    (818) 284-7560

    3 in this area

    14 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

    13 Total Sales

    Stefanie McIntyre
    Section Image
  • Tiffany Gatto

    Seller's Agent in 2019

    Tiffany Gatto

    Smart LA Realty

    (213) 447-4130

    2 in this area

    8 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

    14 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

Source: The MLS

MLS Number: 19-419990

The MLS

APN: 5149-038-017

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 priced at $590,000, approximately $808 per square foot. This property was built in 1914. 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.

The MLS © 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.

Nearby Homes