416 S Spring Street 905, Los Angeles, California 90013, Los Angeles, 90013 - 2 bed, 2 bath
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Los Angeles, California 90013
This Historic Beaux-Arts Loft in the iconic El Dorado building is listed at $645,000, aligning perfectly with its $645,000 Fair Market Value. Boasting an Excellent Condition Rating following a meticulous restoration, the residence features a modern kitchen with Bosch appliances, a private balcony with city views, and significant property tax savings via the Mills Act. Located in the heart of the Historic Core, this turnkey home offers a rare blend of 1914 architectural soul and contemporary luxury. It is a premier choice for urban professionals or history enthusiasts seeking a sophisticated DTLA sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 416 S Spring Street 905 Subject | $645,000* List Price | 2 | 2 | 1,100 | $586 | - |
A 629 Traction Avenue 241 Sold | $750,000 | 2 | 2 | 1,240 | $605 | 0.7 mi |
B 500 Molino Street 309 Sold | $610,000 | 1 | 1 | 1,300 | $469 | 1.0 mi |
C 530 S Hewitt Street 154 Sold | $635,000 | 1 | 1 | 970 | $655 | 0.9 mi |
D 416 S Spring Street 505 Sold | $535,000 | 1 | 2 | 1,080 | $495 | - |
E 527 Molino Street 217 Sold | $650,000 | 1 | 1 | 910 | $714 | 1.0 mi |
F 629 Traction Avenue 508 Sold | $820,000 | 2 | 2 | 1,210 | $678 | 0.7 mi |
G 460 S Spring Street 1013 Active | $454,000 List Price | 2 | 2 | 860 | $528 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1914, the property has undergone an extensive and careful restoration, offering all modern comforts. The kitchen features sleek, contemporary cabinets, black countertops, and high-end Bosch appliances, appearing virtually new. Bathrooms are also fully updated with modern vanities, fixtures, and tiling. Hardwood floors are in excellent condition, and the unit includes a modern stacked Bosch washer and dryer. The overall aesthetic and components meet current quality standards, indicating a recent, high-quality renovation.
The property is located in The El Dorado, a meticulously restored Beaux-Arts style building from 1914, listed on the National Register of Historic Places, and boasts a unique history including a connection to Charlie Chaplin.
Benefits from the Mills Act, offering considerable property tax savings, which is a substantial financial advantage for the buyer.
Exceptional walkability to major DTLA attractions including Grand Central Market, top restaurants, bars, venues, and the theatre district, offering a vibrant urban lifestyle.
The monthly association fee of $1016.0 is substantial and will add significantly to the overall cost of ownership, potentially impacting affordability and buyer interest.
While beautifully restored, the 1914 construction year of the building may entail specific maintenance requirements or limitations associated with historic properties, which could lead to unforeseen costs or regulations.
The property has undergone a recent price reduction from $695,000 to $645,000, which could signal initial overpricing or a longer time on market, potentially raising questions for prospective buyers.
Built in 1914 as the Stowell Hotel, and once home to the actor Charlie Chaplin, The El Dorado has a storied history and is listed on the National Register of Historic Places. The El Dorado carefully restored and retains the stunning Beaux-Arts style exterior while offering all the modern comforts of today in your loft. The Mills Act also offers a considerable property tax savings. Two bedrooms and two bathrooms with walk in closet, city views from your own PRIVATE BALCONY, a warm living room with an open kitchen design perfect for entertaining. Bosch appliances throughout and a washer and dryer included inside your unit. The primary bedroom features en-suite bathroom and spacious walk-in closet. Dine Al Fresco while taking in the city views or have a lovely dinner at the many restaurants in DTLA. The residents enjoy 24 controlled access to the building and a front lobby security officer. Walk to everything as you are just minutes from the famed Grand Central Market, top restaurants, bars and venues, the theatre district, museums and more. The Stowaway Bar has been refinished in its original locale in the building's basement, formerly a speakeasy during the 1920's! Two parking spaces are leased to the unit in perpetuity in the 24hr/7 day secured covered parking at cost. Details provided. A must see.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.0 | 72% |
| Baths | 2.0 | 1.0 | 60% |
| Square foot | 1,100 | 1,100 | 50% |
| Lot Size | 10,337 | 30,796 | 24% |
| Price | $645.0K | $645.0K | 50% |
| Price per sq ft | $586 | $586 | 50% |
| Built year | 1914 | 1923 | 20% |
| HOA | $1016.0 | $739 | 92% |
| Days on market | 100 | 230 | 4% |
Feb 11, 2026
$645,000
$695,000
-7% Price Drop
Initial Listing
Jan 12, 2026
$695,000
Initial Listing
Aug 25, 2011
$445,000
Public Record