NOT LISTED FOR SALE

541 S Spring St Unit 304 Los Angeles, CA 90013

Downtown LA Neighborhood

Estimated Value: $582,000 - $655,000

-- Bed
1 Bath
1,595 Sq Ft
1.12 Acres

Highlights

  • Concierge
  • City Lights View
  • Wood Flooring
  • Fitness Center
  • 1.12 Acre Lot
  • 4-minute walk to Spring Street Park

About This Home

As of December 2023

*X-LARGE LIVE/WORK HISTORIC LOFT OVER 1500SF+ WITH GRAND ENTRYWAY OR FRONT OFFICE & MASSIVE WALL OF UNIQUE, ARCHED WINDOWS. WATER & TRASH INCLUDED. PET-FRIENDLY.* The Spring Arcade, built in 1924, is a unique two-tower building, which spans the length of Spring Street to Broadway, in the heart of the Historic Core of Downtown Los Angeles. The Arcade was designed by architects Kenneth McDonald and Maurice Couchot with the intent of maintaining the Mercantile alley's storefronts and ambiance. These two, back to back towers, are connected by a three level arcade covered by a glass-roofed skylight dome, fashioned after the grand 19th century shopping arcades of Paris and London. In particular, the glass-roof skylight was designed to imitate the Burlington Arcade in London. The Arcade is currently transforming into a vibrant and diverse dining destination, home to a variety of privately owned, artisan eatery businesses, offering everything from breakfast to desserts to a glass of French wine. All of the newly renovated live/work residences are wired for cable and internet and come with white oak hardwood floors, granite and marble kitchens with stainless steel appliances, and central heat/air.

Last Agent to Rent the Property

Alexis Alegre

Smart LA Realty License #01970214 Listed on: 03/13/2023

Co-Listed By

Tiffany Gatto

Smart LA Realty License #01822601

Last Renter's Agent

Tiffany Gatto

Smart LA Realty License #01822601

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,105

Year Built

  • Built in 1923

Lot Details

  • 1.12

Interior Spaces

  • 1,595 Sq Ft Home
  • Living Room
  • Dining Area
  • City Lights Views

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 1 Full Bathroom

Additional Features

  • East Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $3,200
  • Tenant pays for electricity, insurance
  • 12 Month Lease Term
  • Assessor Parcel Number 5149-035-040

Community Details

Overview

  • High-Rise Condominium
  • 12-Story Property

Amenities

  • Concierge
  • Sundeck
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed
  • Pet Deposit $250

Security

  • Resident Manager or Management On Site
  • Controlled Access

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,105

Year Built

Built in 1923

Lot Details

0

Rental Info

  • Credit Report Amount: 35.00
  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Pet Deposit: 250.00
  • Rent Excludes: Electric. Cable/Internet. Renter's Insurance.
  • Security Deposit: 3200
  • Tenant Pays: Electricity, Insurance

Listing Details

  • Property Type: Residential Lease
  • Style: Architectural
  • Single Family Or Apt: Condo/Apt
  • Levels: One
  • Street Number Display: Yes
  • Lease Terms: 1-Year
  • Living Area: 1595
  • Lot Acreage: 1.1188
  • Stories: 12
  • Year Built: 1923
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Hardwood, Tile
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Freezer, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 2.01

Exterior Features

  • Direction Faces: East
  • Pool: No
  • View: City, City Lights, Walk Street, Tree Top
  • View: Yes

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Amenities: Controlled Access, Concierge, Sun Deck, Onsite Property Management, Exercise Room, Elevator, Extra Storage
  • Pet Rules: Yes

Lot Info

  • Assessor Parcel Number: 5149-035-040
  • Lot Size Area: 48733

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/26/2023 12/26/23 Rented $3,200 0.0% --
03/13/2023 03/13/23 For Rent $3,200 +14.3% --
10/21/2019 10/21/19 Rented $2,800 0.0% --
09/11/2019 09/11/19 Price Changed $2,800 -6.7% $2 / Sq Ft
08/16/2019 08/16/19 For Rent $3,000 0.0% --
02/08/2019 02/08/19 Rented $3,000 0.0% --
01/12/2019 01/12/19 For Rent $3,000 -- --
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 $3,105 $188,391 $86,268 $102,123
2024 $3,105 $184,698 $84,577 $100,121
2023 $3,011 $181,077 $82,919 $98,158
2022 $2,845 $177,528 $81,294 $96,234
2021 $2,777 $174,048 $79,700 $94,348
2019 $2,670 $168,887 $77,337 $91,550
2018 $2,635 $165,576 $75,821 $89,755
2016 $2,421 $159,149 $72,878 $86,271
2015 $2,373 $156,760 $71,784 $84,976
2014 $2,386 $153,690 $70,378 $83,312
Source: Public Records

Agents Affiliated with this Home

  • Alexis Alegre

    Landlord's Agent in 2023

    Alexis Alegre

    Smart LA Realty

    (714) 365-4480

    1 in this area

    3 Total Sales

    Alexis Alegre
    Section Image
  • Tiffany Gatto

    Landlord's Co-Listing Agent in 2023

    Tiffany Gatto

    Smart LA Realty

    (213) 447-4130

    2 in this area

    8 Total Sales

    Tiffany Gatto
    Section Image
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Map

Source: The MLS

MLS Number: 23-250391

The MLS

APN: 5149-035-040

California Los Angeles County Los Angeles 90013 Downtown LA

541 S Spring St Unit 304, Los Angeles, CA

This home is located at 541 S Spring St Unit 304, Los Angeles, CA 90013 since 13 March 2023 and is currently priced at $623,365. This property was built in 1923. 541 S Spring St Unit 304 is a home located in Los Angeles County with nearby schools including Para Los Niños Charter Middle School, John H. Liechty Middle School, and Academic Leadership Community Miguel Contreras Learning Complex.

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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.
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