257 S Spring Street 3c, Los Angeles, California 90012, Los Angeles, 90012 - 1 bed, 1 bath

257 S Spring Street 3c, Los Angeles, California 90012 home-pic-0
ACTIVE$495,000
257 S Spring Street 3c, Los Angeles, California 90012
1Bed
1Bath
710Sqft
Lot
Year Built
1899
Close
-
List price
$495K
Original List price
$499K
Price/Sqft
$697
HOA
$734
Days on market
-
Sold On
-
MLS number
P1-21038
Home ConditionExcellent
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $495.0K(40th), sqft - 710(8th), beds - 1(40th), baths - 1(44th).

Welcome to the historic Douglas Lofts - built in 1899 and modernized in 2005. Designed by Thomas Douglas Stimpson, this property is one of the few Mills Act properties in the area - providing significant tax savings to the owner. Unit 3C is owned by a Walt Disney Imagineering Executive, who has transformed the loft with the addition of a custom, architect designed and built, double sided Display & Storage system with built in programable lighting, including rotating Television mount, drawers, built in desk and work area, and display shelves. This unit creates an entertainment system for both the living room and bedroom. Other features include massive double-hung windows, refinished wood floors, mosaic tile flooring, remodeled kitchen with and bath with Poggenpohl kitchen fixtures, central heat and a/c, plus an in-unit washer and dryer. Local to downtown attractions, including Grand Central Market, Disney Concert Hall, City Hall, the Broad and the Music Center. You'll enjoy endless dining choices, or grab some groceries at Whole Foods and dine in. Explore to your hearts content in Little Tokyo, the Arts District, the iconic Bradbury Building and so much more.

Price History

Date
Event
Price
06/17/16
Sold
$450,000
05/12/11
Sold
$190,000
07/08/05
Sold
$325,000
Condition Rating
Excellent

This historic loft, while built in 1899, underwent a significant building modernization in 2005. More importantly, the unit itself has been extensively and recently transformed by its current owner, featuring a custom, architect-designed display and storage system with programmable lighting. The kitchen boasts high-end Poggenpohl fixtures, sleek white flat-panel cabinetry, and stainless steel appliances, appearing virtually new. The bathroom is also remodeled with modern fixtures, a double vanity, subway tile, and mosaic flooring, all in pristine condition. Refinished dark wood floors, central heat/AC, and in-unit laundry further contribute to its top-tier quality. The overall aesthetic and high-end finishes indicate a very recent and comprehensive renovation of the unit, meeting current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Historic Charm & Modern Updates: Located in the historic Douglas Lofts (built 1899, modernized 2005) and designed by Thomas Douglas Stimpson, offering a unique blend of historical character and contemporary living.
Mills Act Tax Benefits: As one of the few Mills Act properties, it provides significant property tax savings, enhancing long-term affordability for the owner.
Custom Designer Interiors: Features architect-designed custom display/storage systems, Poggenpohl kitchen fixtures, refinished wood floors, and mosaic tile, reflecting high-quality and unique interior design.
Premium Downtown Location: Situated in a vibrant downtown area, offering excellent walkability to major cultural attractions, dining, entertainment, and essential amenities like Whole Foods.
Comprehensive Modern Amenities: Includes central heat and A/C, in-unit washer and dryer, and massive double-hung windows, providing comfort and convenience.

Cons

Compact Living Space: At 710 square feet, the unit offers limited living space, which may not appeal to buyers seeking larger accommodations.
High Monthly Association Fees: The $734 monthly association fee is substantial for a unit of this size, impacting overall ownership costs.
Absence of Views: The property description explicitly states 'view: None,' which could be a significant drawback for buyers desiring city or scenic views from a downtown loft.

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