505/416 South Spring Street

Los Angeles CA 90013

1080 sq. ft.

Condo

Last sold for $535,000

Teresa Fuller, last sold this property on 29 October 2025 after 81 days on market.

Overview

Located in Downtown's Historic Core, this spacious unit in the El Dorado Lofts building is as captivating inside as it is from the exterior. Adjacent to many attractions beloved by downtown locals, this stunning Art Nouveau/Gothic Revival building is a protected Historic Cultural Landmark, with its facade decorated in a series of botanical motif friezes and verdigris-hue enameled brick. Architectural character features define interior common spaces as well, from the lobby lined in Bachelder tiles, to the handsome original wood front door of unit 505 with privacy glass and gold stencil work detail. Inside, the unit boasts desirable architectural details (exposed beams, steel sash windows, salvaged wood doors) as well as the practical features and amenities for modern day living (in-unit laundry, modern kitchen and bathrooms, multiple mini-split AC units). The home's tranquil primary suite with its own full bathroom and large walk-in closet provide ample storage. Entertainers will enjoy the ergonomically-designed kitchen, which opens to the spacious living area and dining room, lined with built-in bookshelves. A wall of west-facing windows offering ample natural light and opens onto a sunny private balcony with vibrant city views. Finally, a large office alcove with its own wall of built-ins offers flexibility - it's large enough to be a second bedroom (plans for converting the office to a second bedroom are already drawn) - and the second full bath is conveniently close. Buyers will benefit from the building's Mills Act status, resulting in the unit's significantly reduced property taxes - what a win! With proximity to the Downtown Farmers Market, Spring Street Dog Park, Grand Central Market, Los Angeles Athletic Club, and so many other great neighborhood spots, this home is truly a standout opportunity. This is an ideal home offering convenience and lifestyle in a beautiful envelope in the heart of the City.

Features

1 bedroom

2 bathrooms

1 carspace

1 garage space

1080 sq. ft. floor area

Condo

Estimated Value

Based on this property and similar 1 bedroom condos sold in Los Angeles over the last 12 months, the estimated median property value of 505/416 South Spring Street is $610k.

Median value

$610k

Estimated value range

$305k - $1.17m

Median days on market

Estimated value trend

-11%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Los Angeles. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 505/416 South Spring Street

2025

Sold

$535,000

29 Oct 2025 by Teresa Fuller, of COMPASS

2020

Sold

$733,120

23 Nov 2020 by Leslie Romenesko, of Douglas Elliman

Happy sellers in Los Angeles

We have insufficient information to provide an overview of customer satisfaction for Los Angeles. Viewing the agent profiles, reviews and sales for Los Angeles can provide insights for this location.