416 S Spring St 509, Los Angeles, CA 90013 - View 1
416 S Spring St 509, Los Angeles, CA 90013 - View 2
416 S Spring St 509, Los Angeles, CA 90013 - View 3

416 S Spring St 509, Los Angeles, CA 90013

Sale Price: $552,000
Oct 24, 20241,300 sqft2 beds2 baths
Listed by: Alex Carrillo
License #: 01343102
Phone #: 562-552-7608
AIE Realty Inc
Source:
CRMLS Logo
MLS #: 24457249

Property Description

The El Dorado lofts have been transformed into a vibrant community for modern urban dwellers in Los Angeles. Situated near Grand Central Market, the Music Center, and various galleries and museums, this location is ideal for those who appreciate city living. Parking rates at the El Dorado lofts are $200 for an assigned space, $250 for an assigned space, and $350 for a tandem two-car parking spot located behind the building in a parking structure in the alley. Buyers are advised to confirm current rates as they may have changed. Property is tenant occupied & will be sold with the tenant ."Seller has not occupied the property and makes no guarantees. Buyers and agents are responsible for verifying all aspects of the property. It is recommended that buyers and agents verify all square footages, permits, and information with the City to ensure accuracy. The property is being sold 'AS IS.' Buyers should verify all MLS information, including permits, bed/bath counts, and square footage, and investigate all aspects of the property for accuracy. By purchasing the property, buyers agree to hold the seller and listing agent harmless from any liability related issues.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$6,791

TurboHome Estimated Value

$526,300

$405 sqft

High Valuation
$552,615
$425/sqft
Normal Valuation
$526,300
$405/sqft
Low Valuation
$499,985
$385/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$405/sqft$526,300

Neighborhood: Downtown

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Comparative Value

$552K

$582K

$600K

$694K

$736K

416 S Spring St 509, Los Angeles, CA 90013

Sale Price: $552,000

Selected Comparable

222 S Central Ave 141, Los Angeles, CA 90012

Sale Price: $582,000

Selected Comparable

222 S Central Ave 311, Los Angeles, CA 90012

Sale Price: $590,000

Selected Comparable

416 S Spring St 509, Los Angeles, CA 90013

List Price: $599,900

Subject Property

108 W 2nd St 907, Los Angeles, CA 90012

Sale Price: $694,000

Selected Comparable

121 S Hope St 9, Los Angeles, CA 90012

Sale Price: $736,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
416 S Spring St 509, Los Angeles, CA 90013

416 S Spring St 509, Los Angeles, CA 90013

List: $599,900

Listed: 10/24/2024

Area:1,300 sqft
Price/sqft:$461
Beds:2
Baths:2
Year Built:
Lot Size:10,334

Comparable Properties

COMPARABLE
Choose comps
416 S Spring St 509, Los Angeles, CA 90013

416 S Spring St 509, Los Angeles, CA 90013

Sale: $552,000

2/11/20250.00 mi

Area:1,300 sqft
Price/sqft:$425
Beds:2
Baths:2
Year Built:
Weight:22.2%
121 S Hope St 9, Los Angeles, CA 90012

121 S Hope St 9, Los Angeles, CA 90012

Sale: $736,000

8/8/20250.56 mi

Area:1,401 sqft
Price/sqft:$525
Beds:2
Baths:2
Year Built:
Weight:21.3%
222 S Central Ave 311, Los Angeles, CA 90012

222 S Central Ave 311, Los Angeles, CA 90012

Sale: $590,000

6/6/20250.56 mi

Area:1,087 sqft
Price/sqft:$543
Beds:2
Baths:2
Year Built:
Weight:19.6%
108 W 2nd St 907, Los Angeles, CA 90012

108 W 2nd St 907, Los Angeles, CA 90012

Sale: $694,000

4/22/20250.27 mi

Area:1,250 sqft
Price/sqft:$555
Beds:2
Baths:1
Year Built:
Weight:19.0%
222 S Central Ave 141, Los Angeles, CA 90012

222 S Central Ave 141, Los Angeles, CA 90012

Sale: $582,000

12/27/20240.56 mi

Area:1,050 sqft
Price/sqft:$554
Beds:2
Baths:2
Year Built:
Weight:17.9%

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