NOT LISTED FOR SALE

Estimated Value: $587,000

2 Beds
2 Baths
1,013 Sq Ft
1.12 Acre Lot

Highlights

  • Concierge
  • Two Primary Bedrooms
  • 48,680 Sq Ft lot
  • Fitness Center
  • City Lights View
  • 4-minute walk to Spring Street Park

About This Home

As of September 2019

*TRUE 2BR/2BA WITH FULLY ENCLOSED BEDROOMS & EAST + WEST FACING CITY VIEWS. PARKING ONSITE NOT INCLUDED, $150/mt when available. Laundry room on every floor.* Built as a grand cathedral to commerce and leisure and modeled after the 19th century shopping arcades of Paris and London, Spring Arcade is two towers flanking a three story glass enclosed and sunlit bazaar. Spanish Renaissance and Beaux Arts details, unique spacious floor plans, hardwood floors, high ceilings and modern appointments create the ultimate in 21st century sophisticated urban living. Enjoy the variety of restaurants on the ground level including: Clayton's Pub, Gelateria Uli, Guisados Tacos, Kai Japanese Roots, Downtown Donuts, Le Macaron, Blu Jam Cafe, Don Francisco's, Calavera Burritos, Bay Leaf, and more coming soon! Fantastic location in the heart of DTLA -- A few blocks from countless eateries, bars/nightlife, and rich historical architecture. *Onsite parking is waitlisted, surrounding lots $150+/month

Last Agent to Rent the Property

Alexis Alegre

Smart LA Realty License #01970214 Listed on: 09/07/2019

Co-Listed By

Tiffany Gatto

Smart LA Realty License #01822601

Last Renter's Agent

Alexis Alegre

Smart LA Realty License #01970214 Listed on: 09/07/2019

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1923

Lot Details

  • 1.12

Parking

  • Covered Parking

Home Design

  • Entry on the 7th floor

Interior Spaces

  • 1,013 Sq Ft Home
  • Living Room
  • Dining Area
  • City Lights Views
  • Laundry closet

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $2,600
  • Tenant pays for cable TV, electricity, insurance
  • 12 Month Lease Term
  • Assessor Parcel Number 5149-035-101

Community Details

Overview

  • 144 Units
  • High-Rise Community

Amenities

  • Concierge
  • Valet Parking
  • 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

Year Built

Built in 1923

Lot Details

1.12 Acres

Rental Info

  • Credit Report Amount: 35.00
  • Credit Report Required: Yes
  • Deposit Key: 25.00
  • Pet Deposit: 250.00
  • Security Deposit: 2600
  • Tenant Pays: Cable TV, Electricity, Insurance

Listing Details

  • Property Type: Residential Lease
  • Style: High or Mid-Rise Condo
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Complex Name: Spring Arcade Building
  • Entry Floor: 7
  • Lease Terms: 1+Year
  • Living Area: 1013
  • Year Built: 1923
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Flooring: Hardwood, Tile
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Community, In Closet
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Freezer, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 2.47

Exterior Features

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

Garage/Parking

  • Parking Garage: Covered Parking, Valet

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

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

Lot Info

  • Assessor Parcel Number: 5149-035-101
  • Geocode Override: No
  • Lot Size Area: 48680

Multi Family

  • Number Of Units: 144

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/26/2019 09/26/19 Rented $2,500 0.0% --
09/24/2019 09/24/19 Price Changed $2,500 -3.8% $2 / Sq Ft
09/07/2019 09/07/19 For Rent $2,600 +16.6% --
09/09/2014 09/09/14 Rented $2,229 -4.3% --
08/18/2014 08/18/14 Under Contract -- -- --
06/27/2014 06/27/14 For Rent $2,330 -- --
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $120,421 $55,144 $65,277
2024 $2,000 $118,061 $54,063 $63,998
2023 $1,941 $115,747 $53,003 $62,744
2022 $1,836 $113,478 $51,964 $61,514
2021 $1,791 $111,254 $50,946 $60,308
2019 $1,722 $107,956 $49,436 $58,520
2018 $1,699 $105,840 $48,467 $57,373
2016 $1,562 $101,733 $46,586 $55,147
2015 $1,529 $100,206 $45,887 $54,319
2014 $1,542 $98,244 $44,989 $53,255
Source: Public Records

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Map

Source: The MLS

MLS Number: 19-508338

The MLS

APN: 5149-035-101

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