The story
Unit UNIT 905 at 416 South Spring Street is a 2-bedroom, 2-bathroom, single-level condo in Los Angeles, CA with 1,100 sq ft of living space, built in 1914. It is currently listed at $525,000, with a monthly HOA fee of $1,016. Highlights include city views.
$100,000 UNDER MARKET PRICE FOR A MOVE IN READY 2 BED/2BATH CONDO! THERE IS ALSO DOWN PAYMENT ASSISTANCE AVAILABLE! THIS UNIT IS A STEAL! SELLERS HAVE MOVED OUT OF AREA AND ARE READY TO SELL TODAY! HISTORICAL LANDMARK BUILDING WHICH MEANS APPROX. 75% OFF STANDARD CONDO PROPERTY TAXES! 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.
