257 S Spring Street 4l, Los Angeles, California 90012, Los Angeles, 90012 - 0 bed, 1 bath
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Los Angeles, California 90012
This Historic Luxury Loft in the iconic Douglas Building is listed at $380,000, offering a sophisticated urban lifestyle near its $352,728 Fair Market Value. Boasting an Excellent Condition Rating, the efficient 650-square-foot unit features 12-foot ceilings, a designer Poggenpohl kitchen, and rare assigned underground parking. The Mills Act approval provides significant property tax savings, while oversized windows frame iconic views of the Bradbury Building. Positioned competitively within the local market, this move-in-ready sanctuary is ideal for urban professionals or first-time buyers seeking architectural prestige in the heart of DTLA.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 257 S Spring Street 4l Subject | $380,000* List Price | 0 | 1 | 650 | $543 | - |
A 100 S Alameda Street 162 Sold | $342,300 | 1 | 1 | 735 | $466 | 0.6 mi |
B 257 S Spring Street 3c Sold | $410,000 | 1 | 1 | 710 | $577 | - |
C 267 S San Pedro Street 621 Sold | $392,000 | 1 | 1 | 800 | $490 | 0.3 mi |
D 121 S Hope Street 321 Sold | $365,000 | 1 | 1 | 793 | $460 | 0.4 mi |
E 108 W 2nd Street 915 Active | $479,000 List Price | 1 | 1 | 730 | $656 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This historic loft is in excellent condition, featuring high-end modern renovations that meet current quality standards. The unit boasts a sleek kitchen with premium Poggenpohl cabinetry and stainless steel appliances, a bathroom with luxury Waterworks fixtures, and updated systems including central heat and AC. The interior is move-in ready, blending preserved historic character like exposed brick and original mosaic tile with contemporary, high-quality finishes and hardwood flooring throughout.
The property is Mills Act approved, offering owners significant property tax savings, which is a major financial incentive for historic DTLA residences.
This unit includes a rare assigned underground parking space, a premium and highly sought-after amenity in a historic downtown building.
The loft features 12-foot ceilings, exposed brick, and original mosaic tile paired with high-end modern finishes like Poggenpohl cabinetry and central AC.
With only 650 square feet of living space, the unit may feel restrictive for buyers looking for a more spacious live/work environment.
The monthly association fee of $625 is relatively high for the unit's size, which could impact the overall affordability for some investors or first-time buyers.
RARE IN-BUILDING PARKING INCLUDED Bright, south-facing live/work loft in the historic Douglas Building, MILLS ACT approved for significant property tax savings. Originally built in 1899 by architects James & Merritt Reid, this former Southern Pacific Railroad ticketing office has been thoughtfully transformed while preserving its characterfeaturing hardwood floors, original mosaic tile in the dining area, exposed brick walls, and oversized windows with views of the iconic Bradbury Building and DTLA skyline.The open-concept layout offers flexibility with soaring 12' ceilings, complemented by modern upgrades including central heat & AC and a sleek kitchen with dual-toned Poggenpohl cabinetry and stainless steel appliances. The kitchen flows seamlessly into the dining area and spacious living room, ideal for entertaining.Additional highlights include ambient window treatments, a bathroom with Waterworks fixtures, and a vented laundry closet with stackable washer/dryer.Includes one rare assigned underground parking space. The Douglas Building is a boutique 50-unit residence with secured entry, coded access, and front desk security.Located in the heart of DTLAjust moments from the Sunday Spring St Farmers Market, Arts District, Little Tokyo, Grand Central Market, The Broad, Walt Disney Concert Hall, and some of the city's best dining, coffee, and cultural destinations.Historic character. Modern living. Prime location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 1.0 | 6% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 650 | 1,006 | 6% |
| Lot Size | 28,826 | 64,671 | 42% |
| Price | $380.0K | $625.0K | 13% |
| Price per sq ft | $585 | $585 | 50% |
| Built year | 1899 | 2005 | 6% |
| HOA | $625.0 | $774 | 13% |
| Days on market | 37 | 230 | 3% |
Mar 27, 2026
$380,000
$395,000
-4% Price Drop
Initial Listing
Mar 16, 2026
$395,000
Initial Listing
Mar 15, 2024
$410,000
Public Record
Jul 27, 2005
$345,000
Public Record