416 S Spring Street 1210, Los Angeles, California 90013, Los Angeles, 90013 - bed, 1 bath

416 S Spring Street 1210, Los Angeles, California 90013 home-pic-0

416 S Spring Street 1210

Los Angeles, California 90013

ACTIVE
CONDITION: GOOD
0Beds
1Baths
780Sq Ft
10,337Lot Size

Property Price

LIST PRICE$590,000

SUMMARY

Analysis of 416 S Spring Street 1210, Los Angeles, California 90013 is currently available with a list price of $590,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is move-in ready and features a modern loft aesthetic with high-quality laminate flooring, soaring ceilings, and contemporary kitchen and bathroom finishes. While the building is historic (1914), the interior reflects a comprehensive conversion/renovation from approximately 15 years ago that has been well-maintained. The appliances and fixtures are functional and stylish, though not brand new, placing it firmly in the 'good' category.

PROSSTRENGTHS & OPPORTUNITIES

  • Mills Act Tax Benefits

    This property is Mills Act qualified, providing the owner with a substantial property tax reduction that significantly offsets the monthly costs of ownership.

  • Exceptional Architectural Volume

    As a penthouse unit, it features soaring double-height ceilings and oversized windows that create a dramatic, airy atmosphere and maximize natural light.

  • Prime Historic Location

    Located in the heart of the historic Spring Street corridor, the property offers an authentic urban lifestyle with immediate proximity to Downtown LA's best dining and culture.

CONSRISKS & DEFICIENCIES

  • High Association Fees

    The monthly HOA fee of $875 is quite high relative to the unit's square footage, which may be a deterrent for budget-conscious buyers.

  • Limited Square Footage

    At 780 square feet, the living space is relatively compact for a penthouse, which may limit its appeal to those needing more room or a traditional multi-bedroom layout.

About 416 S Spring Street 1210

PENTHOUSE unit! Discover urban living at its finest in the heart of Downtown Los Angeles! This sleek and modern unit offers a thoughtfully designed space with an open layout, perfect for your city lifestyle. Perched at the top of the building, this exceptional penthouse showcases soaring ceilings that immediately set it apart from the rest. Expansive, double-height living areas create an airy, dramatic atmosphere, allowing natural light to pour in through oversized windows and enhancing the sense of scale throughout the home. Featuring beautiful laminate floors throughout, this home provides both style and functionality. The unit boasts a spacious, contemporary living area with large windows that pour in natural light, creating a bright and inviting atmosphere. The full bathroom is finished with modern touches, designed with relaxation in mind. A convenient washer and dryer are in-unit, making laundry day a breeze. For additional convenience, the building also offers a common laundry area. Nestled in the historic Spring Street corridor, this exceptional condo offers the ideal balance of comfort and vibrant city living. Don't miss the opportunity to own an incredible piece of Downtown LA! Best of all, this property qualifies for the Mills Act. The Mills Act allows owners to receive a potential property tax reduction that will help offset the costs of ownership.

Property Details

Public Facts

Property Type
Condominium
Year Built
1914
Lot Size
10,337 Sq. Ft.

Interior

Total Bedrooms
-
Total Bathrooms
1 (1 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$875.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds-1.0
22%
Baths1.01.0
50%
Square foot7801,080
26%
Lot Size10,33736,291
22%
Price$590.0K$610.0K
48%
Price per sq ft$756$605
87%
Built year19141923
22%
HOA$875.0$784
74%
Days on market9211
4%

Pricing History

Listed for Sale

Feb 25, 2026

$590,000

Initial Listing

Sold

Oct 10, 2017

$500,000

Public Record

Sold

Mar 31, 2011

$360,000

Public Record

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