$499000 Price Analysis 257 S Spring St Apt 3ALos Angeles, CA 90012 1 bed 1 bath 807 SqFt ($618/SqFt) Built 1899 Listed 2024-05-11, HOA $662, Taxes $1762 | Ⓧ USDA Ineligible due to location near Los Angeles |
The home features original exposed brickwork, beautifully restored double-hung windows, elevated ceilings and rich Douglas Fir flooring throughout. Off to the side enjoy a large inviting den space ideal for a formal dining room or the ultimate work station. The kitchen showcases Poggenpohl kitchen cabinets, timeless Bosch stainless-steel appliances, sought after gas cooktop and room for an additional kitchen island. The fully enclosed bedroom offers Western views of the Downtown LA city skyline and a front row view of the magnificent Pope of Broadway mural. Included with the home is (1) underground assigned parking space and newer LG front loading washer and dryer. The Douglas Building, a five-story Classical Revival period masterpiece, is one of the few remaining examples of the 1800's commercial architecture still in existence in Downtown Los Angeles. Thanks to this building's historical relevance, homeowners are rewarded with a significant property tax savings through the Mills Act program. Most homeowners save upwards to 70% off their property taxes and these savings are grandfathered to every subsequent owner as well!
The building is conveniently located next to Grand Central Market, brand new Metr Station and several highly acclaimed destinations including The Last Bookstore, The Broad and Walt Disney Concert Hall to name a few.
Presented by Jonathan Yuen at
Coldwell Banker Exclusive.
Property MLS #24-390795 from TheMLSCLAW
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $107200 + $26800 $134000 | $1762 |
2021 | $111200 + $27800 $139000 | $1821 |
2020 | $133600 + $33400 $167000 | $2188 |
2019 | $133600 + $33400 $167000 | $2147 |
2018 | $133600 + $33400 $167000 | $2175 |
2017 | $139200 + $34800 $174000 | $2258 |
2016 | $137200 + $58800 $196000 | $2503 |
2015 | $137200 + $58800 $196000 | $2500 |
2014 | $137200 + $58800 $196000 | $1905 |
2013 | $137200 + $58800 $196000 | $2568 |
2012 | $137200 + $58800 $196000 | $2650 |
2010 | $137200 + $58800 $196000 | $3696 |
2009 | $245138 + $105058 $350196 | $4442 |
2009 | $194000 + $83200 $277200 | $4442 |
2008 | $240332 + $102999 $343331 | $4271 |
2007 | $235620 + $100980 $336600 | $4182 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.