NOT LISTED FOR SALE

El Dorado Lofts 416 S Spring St Unit 708 Los Angeles, CA 90013

Downtown LA Neighborhood

Estimated Value: $431,000 - $768,000

-- Bed
1 Bath
730 Sq Ft
10,332 Sq Ft Lot

Highlights

  • Concierge
  • City Lights View
  • Loft
  • 24-Hour Security
  • Wood Flooring
  • 2-minute walk to Spring Street Park

About This Home

As of May 2022

Magnificent studio in one of the most popular historic buildings of Downtown LA, El Dorado. This gorgeous home features rich hardwood floors, polished concrete walls along with hard-loft industrial vibes, and an oversized private balcony overlooking Spring Street Park drawing in radiant Southwest-facing sunlight. In the kitchen delight in Snaidero Italian cabinetry, impressively wide granite countertops, and Bosch stainless-steel appliances along with a gas range, ideal for home cooks. Although it's classified as a studio, a large sleeping area is tucked in beside the kitchen and spaciously fits a queen-sized bed and two nightstands with ease. With most of the square footage in the main room, conveniently add a work from home office while still having an abundance of room for an expansive living room. Hidden away near the entrance, enjoy a hallway full of additional storage, in-unit stacked washer and dryer, and a large bathroom showcasing beautiful tiled floors, comfy soaking tub with walls lined with subway tiles, and granite countertop along with cabinets that match the delectable kitchen. Located in the heart of Historic Core, be moments away from several popular destinations including Grand Central Market, The Last Bookstore, multiple Farmer's Markets, Pershing Square, and all the events and shops along Spring Street.

Last Agent to Rent the Property

Jonathan Yuen

Coldwell Banker Exclusive License #01952091 Listed on: 04/20/2022

Coldwell Banker Exclusive

Last Renter's Agent

Jonathan Yuen

Coldwell Banker Exclusive License #01952091 Listed on: 04/20/2022

Coldwell Banker Exclusive

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,067

Year Built

  • Built in 1914

Lot Details

  • South Facing Home

Interior Spaces

  • 730 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Living Room
  • Loft

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Studio bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Utilities

  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $2,500
  • Tenant pays for insurance, electricity, move in fee, move out fee
  • 12 Month Lease Term
  • Assessor Parcel Number 5149-038-035

Community Details

Overview

  • 65 Units
  • 12-Story Property

Amenities

  • Concierge
  • Elevator
  • Community Storage Space

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,067

Year Built

Built in 1914

Lot Details

0

Rental Info

  • Land Lease Purchase Yn: No
  • Security Deposit: 2500
  • Tenant Pays: Insurance, Electricity, Move In Fee, Move Out Fee

Listing Details

  • Property Type: Residential Lease
  • Style: Architectural
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Floor: 7
  • Lease Terms: 1+Year
  • Living Area: 730
  • Lot Acreage: 0.2372
  • Probate: No
  • Stories: 12
  • Unit Floor In Building: 7
  • Year Built: 1914
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Hardwood, Tile
  • Fireplaces: 0
  • 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, Laundry Closet Stacked, Inside, In Closet
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Washer, Range/Oven, Built-Ins, Cable, Ceiling Fan, Dishwasher, Dryer, Network Wire, Microwave, Garbage Disposal, Freezer, Recirculated Exhaust Fan, Refrigerator, Stackable W/D Hookup
  • Fireplace: No
  • Price Per S Q F T: 3.42

Exterior Features

  • Direction Faces: South
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights, Tree Top
  • View: Yes

Utilities

  • Cooling: Heat Pump(s), Ceiling Fan
  • Heating: Heat Pump
  • Security: Card/Code Access, Carbon Monoxide Detector(s), Community, Fire Sprinklers, Smoke Detector, Fire and Smoke Detection System, Guarded

Association/Amenities

  • Amenities: Elevator, Assoc Maintains Landscape, Concierge, Controlled Access, Extra Storage, Security
  • Pet Rules: Call

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5149-038-035

Multi Family

  • Number Of Units: 65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2020
Sold by
Rodda Matthew and The M R R Trust
Bought by
Rodda Matthew R and M R R Trust
Current Estimated Value
$582,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,500
Outstanding Balance
$305,948
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$276,719

Purchase Details

Closed on
Jul 2, 2016
Sold by
Rodda Matthew
Bought by
Rodda Matthew and The M R R Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,500
Interest Rate
3.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 5, 2015
Sold by
Rodda Matthew
Bought by
Rodda Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
3.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 25, 2014
Sold by
Webb Jeremy Lee and Webb Megan Fancy
Bought by
Rodda Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
4.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 1, 2011
Sold by
Msgg El Dorado Realty Partners Llc
Bought by
Webb Jeremy Lee and Webb Megan Fancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,400
Interest Rate
4.83%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Rodda Matthew R -- Stewart Title Of California
Rodda Matthew -- None Available
Rodda Matthew -- Title365 Company
Rodda Matthew $450,000 Title365 Company
Webb Jeremy Lee $318,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodda Matthew R $343,500
Closed Rodda Matthew $388,500
Closed Rodda Matthew $392,000
Closed Rodda Matthew $405,000
Previous Owner Webb Jeremy Lee $254,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2022 05/27/22 Rented $2,400 -4.0% --
05/25/2022 05/25/22 Under Contract -- -- --
04/20/2022 04/20/22 For Rent $2,500 -- --
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 $2,067 $144,000 $28,800 $115,200
2024 $2,067 $144,000 $28,800 $115,200
2023 $2,044 $144,000 $28,800 $115,200
2022 $1,969 $144,000 $28,800 $115,200
2021 $1,960 $144,000 $28,800 $115,200
2020 $1,986 $178,000 $35,600 $142,400
2019 $1,926 $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 $1,857 $142,000 $28,400 $113,600
2014 $4,309 $332,348 $123,324 $209,024
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2022

    Jonathan Yuen

    Coldwell Banker Exclusive

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About El Dorado Lofts

Map

Source: The MLS

MLS Number: 22-148243

The MLS

APN: 5149-038-035

California Los Angeles County Los Angeles 90013 Downtown LA

416 S Spring St Unit 708, Los Angeles, CA

This home is located at 416 S Spring St Unit 708, Los Angeles, CA 90013 since 20 April 2022 and is currently priced at $582,667. This property was built in 1914. 416 S Spring St Unit 708 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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