416 South Spring Street, 905, Los Angeles, CA 90013
416 South Spring Street, 905, Los Angeles, CA 90013
Property Description
DOWN PAYMENT ASSISTANCE AVAILABLE! FLEXIBLE DOWN PAYMENTS FOR QUALIFIED BORROWERS. 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 unit features 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.
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Los Angeles · Condominium
Listed 4.0% above the median closed sale of $610,000. Price per sqft ($577) is a 11% discount to closed comps ($646). Closed comps sold at 100% of list — strong seller's market.
Price Position
Aligned with the market — fair pricing for the comps.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 460 Spring Street | Los Angeles | 1912 | 1 | 1 | 810 | 30,796 | $542 | $439,000 | 79 | 73 |
| 420 San Pedro | Los Angeles | 1922 | 1 | 1 | 800 | 76,411 | $419 | $335,000 | 110 | 68 |
| 5484 Dobbs Street | Los Angeles | 1983 | 2 | 2 | 813 | 59,528 | $588 | $477,800 | 32 | 67 |
| 118 Astronaut Ellison S Onizuka Street | Los Angeles | 2025 | 1 | 1 | 807 | 18,029 | $613 | $495,000 | 32 | 66 |
| 20 Catamaran Street | Los Angeles | 1985 | 1 | 1 | 808 | 8,741 | $1,236 | $999,000 | 47 | 66 |
| Total: 5 · Average | 1.2 | 1.2 | 807.6 | 38,701 | $679.6 | $549,160 | 60 | |||
| Median | 808 | $477,800 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2812 Somerset Drive | Los Angeles | 1929 | 10/08/2026 | 2 | 1 | 1,090 | 6,290 | $595,000 | $610,000 | $560 | 1.02 | 69 | 86 |
| 966 St Andrews Place | Los Angeles | 2009 | 10/09/2026 | 2 | 2 | 1,190 | 9,231 | $540,000 | $533,000 | $448 | 0.99 | 161 | 81 |
| 12629 Caswell Avenue | Los Angeles | 1980 | 10/09/2026 | 2 | 2 | 1,062 | 13,993 | $799,000 | $790,000 | $744 | 0.99 | 70 | 81 |
| 1550 Stadium Way | Los Angeles | 1975 | 10/07/2026 | 2 | 2 | 1,048 | 14,450 | $550,000 | $550,000 | $525 | 1.00 | 46 | 80 |
| 2170 Century Parkway | Los Angeles | 1966 | 10/06/2026 | 2 | 2 | 1,053 | 223,100 | $999,000 | $1.00M | $952 | 1.00 | 61 | 79 |
| Total: 5 · Average | 2.0 | 1.8 | 1,088.6 | 53,412.8 | $697,120 | $697,120 | $645.8 | — | 81.4 | ||||
| Median | 1,062 | $610,000 | $610,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.