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416 S Spring St 710, Los Angeles, CA 90013

Sale Price: $410,000
Aug 25, 2024780 sqft0 beds1 baths
Listed by: Kevin Akbari
License #: 01993351
Phone #: 949-415-8033
Alta Realty Group CA, Inc
Source:
CRMLS Logo
MLS #: OC24176290

Property Description

Elevated seven stories high in the heart of DTLA’s vibrant Historic Core district, 416 S Spring #710 offers a contemporary living experience that blends modern design with over a century of Los Angeles history. A state-of-the-art digital video entry system provides 24/7 secured access, leading to a fully restored and upgraded lobby featuring high ceilings and natural lighting. This residence, sharing only one common wall, boasts nearly 800 square feet of open interiors with exposed concrete features, satisfying all your urban living needs. No expense was spared during the redesign, which includes hardwood flooring, granite slab countertops, custom Snaidero Italian cabinetry with easy-glide drawers, modern Bosch stainless steel appliances, a hidden dishwasher, in-unit washer/dryer, low-e/dual glazed windows, sound-attenuated ceilings and floors, and a fire-escape style balcony. The generously sized bathroom features custom Snaidero Italian cabinetry with a granite slab countertop, a deep-set soaking tub with elegant subway tile surrounds, a Toto silent-close seated toilet, and chrome-finished faucets. Step outside onto Spring Street and find yourself surrounded by an ever-growing array of restaurants, art venues, shops, entertainment, and the dog-friendly Spring Street Park. Secured monthly parking is available directly behind the building, with EV charging options. Benefit from a significant reduction in property taxes through the Mills Act as the owner of a private residence in this historic Los Angeles landmark. Discover why Hollywood celebrities such as Charlie Chaplin, Ryan Gosling, and Christian Bale have been drawn to the historic El Dorado in downtown Los Angeles.
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

$4,863

TurboHome Estimated Value

$381,600

$489 sqft

High Valuation
$400,680
$514/sqft
Normal Valuation
$381,600
$489/sqft
Low Valuation
$362,520
$465/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$489/sqft$381,600

Neighborhood: Downtown

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Comparative Value

$335K

$410K

$439K

$470K

$505K

312 W 5th St 605, Los Angeles, CA 90013

Sale Price: $335,000

Selected Comparable

416 S Spring St 710, Los Angeles, CA 90013

Sale Price: $410,000

Selected Comparable

416 S Spring St 710, Los Angeles, CA 90013

List Price: $439,000

Subject Property

215 W 7th St 1203, Los Angeles, CA 90014

Sale Price: $445,000

Selected Comparable

215 W 7th St 901, Los Angeles, CA 90014

Sale Price: $470,000

Selected Comparable

108 W 2nd St 801, Los Angeles, CA 90012

Sale Price: $505,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
416 S Spring St 710, Los Angeles, CA 90013

416 S Spring St 710, Los Angeles, CA 90013

List: $439,000

Listed: 8/25/2024

Area:780 sqft
Price/sqft:$563
Beds:
Baths:1
Year Built:
Lot Size:10,334

Comparable Properties

COMPARABLE
Choose comps
416 S Spring St 710, Los Angeles, CA 90013

416 S Spring St 710, Los Angeles, CA 90013

Sale: $410,000

10/28/20240.00 mi

Area:780 sqft
Price/sqft:$526
Beds:
Baths:1
Year Built:
Weight:24.0%
108 W 2nd St 801, Los Angeles, CA 90012

108 W 2nd St 801, Los Angeles, CA 90012

Sale: $505,000

2/27/20250.27 mi

Area:800 sqft
Price/sqft:$631
Beds:1
Baths:1
Year Built:
Weight:19.6%
215 W 7th St 1203, Los Angeles, CA 90014

215 W 7th St 1203, Los Angeles, CA 90014

Sale: $445,000

7/22/20250.33 mi

Area:660 sqft
Price/sqft:$674
Beds:1
Baths:1
Year Built:
Weight:19.4%
312 W 5th St 605, Los Angeles, CA 90013

312 W 5th St 605, Los Angeles, CA 90013

Sale: $335,000

5/2/20250.17 mi

Area:670 sqft
Price/sqft:$500
Beds:1
Baths:1
Year Built:
Weight:18.8%
215 W 7th St 901, Los Angeles, CA 90014

215 W 7th St 901, Los Angeles, CA 90014

Sale: $470,000

10/18/20240.33 mi

Area:732 sqft
Price/sqft:$642
Beds:1
Baths:1
Year Built:
Weight:18.2%

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