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

416 S Spring Street 1210
Los Angeles, California 90013
Property Price
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
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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | 1.0 | 22% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 780 | 1,080 | 26% |
| Lot Size | 10,337 | 36,291 | 22% |
| Price | $590.0K | $610.0K | 48% |
| Price per sq ft | $756 | $605 | 87% |
| Built year | 1914 | 1923 | 22% |
| HOA | $875.0 | $784 | 74% |
| Days on market | 9 | 211 | 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














