18 days on rocket

257 S Spring St Unit 3A, Los Angeles, CA, 90012

$499,000

Home List Price

$5,926*

Closing Credit

1 Bedroom
1 Full Bath
807 SqFt
$618/SqFt
Condo
Schools Nearby

Location

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257 S Spring St Unit 3A, Los Angeles$499,000

Buyer Closing Credits

$5,926*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Controlled Entrance, Covered, Underground, Community Structure, On Street
Year Built1899
HeatingCentral, Heat Pump
CoolingCentral Air, Heat Pump
FireplaceNone
ViewCity Lights
MLS #24390795
Lot Size0.66 Acres
StatusActive

About 257 S Spring St Unit 3A

3D Tour: bit.ly/Douglas-3A Freshly painted corner home with only one shared wall with multiple views of direction and an abundance of natural light. 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 Metro Station, and several highly acclaimed destinations including The Last Bookstore, The Broad, and Walt Disney Concert Hall to name a few.

Property Details

Property Features

Property Information:

  • Year Built: 1899
  • Stories: 5
  • Living Area: 807 SqFt

Listing Office:

  • Office Name: Coldwell Banker Exclusive
  • Listing Agent: Jonathan Yuen

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
  • Flooring Type: Tile, Wood
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights

Parking Information:

  • Parking: Assigned, Controlled Entrance, Covered, Underground, Community Structure, On Street

Virtual/3D Tour

  • 3D Tour: 257 S Spring St Unit 3A

3D Tour

Lot Features

Lot Information:

  • Lot Size: 0.66 Acres

Utilities

Utilities Information:

  • Heating: Central, Heat Pump
  • Cooling: Central Air, Heat Pump

School Info

Assigned Schools Information:

  • Ramon C. Cortines School of Visual and Performing, Public District Grades 9-12
  • Edward R. Roybal Learning Center, Public District Grades 9-12
  • Contreras Learning Center-Academic Leadership Community, Public District Grades 9-12
  • Sal Castro Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Ninth Street Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: Corner of 3rd St and S Spring St. Entrance located on Spring St

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000
  • Price Per SqFt: $618/SqFt

HOA Fees:

  • Amount: $662
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

257 S Spring St Unit 3A vs Los Angeles

18 DAYS ON ROCKET

-16 Days

$499,000

-$487.4K Less

$618/SqFt

-$14 Less

KEY TAKEAWAY

This property is $487.4K less than the Median Sold Price and $14/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24390795

Listing Office:

  • Office Name: Coldwell Banker Exclusive
  • Listing Agent: Jonathan Yuen

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2024, 2:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,220

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,563

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4124873
3
/10
  • Ninth Street Elementary School

  • 835 Stanford Ave

  • 1.01 miles

  • Public District Grades KG-5

school-card-donut-4124874
9
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 6.09 miles

  • Public Magnet Grades KG-6

school-card-donut-4124875
6
/10
  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 23.38 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-4124876
4
/10
  • Sal Castro Middle School

  • 1575 W 2nd St

  • 1.25 miles

  • Public District Grades 6-8

school-card-donut-4124877
4
/10
  • Studio

  • 2211 W Avenue 30

  • 3.77 miles

  • Public District Grades 6-8

High School

school-card-donut-4124878
6
/10
  • Ramon C. Cortines School of Visual and Performing

  • 450 N Grand Ave

  • 0.66 miles

  • Public District Grades 9-12

school-card-donut-4124879
5
/10
  • Edward R. Roybal Learning Center

  • 1200 Colton St

  • 0.89 miles

  • Public District Grades 9-12

school-card-donut-4124880
3
/10
  • Contreras Learning Center-Academic Leadership Community

  • 322 Lucas Ave

  • 0.93 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $16,568. The most common annual income of people living in Los Angeles, CA is less than $35k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 257 S Spring St Unit 3A

What is the listing price of this property?

The listing price of 257 S Spring St Unit 3A property is $499,000.

What type of property is this?

The property 257 S Spring St Unit 3A is a condo located in Los Angeles, California, 90012.

Is this property for sale now?

Active Listing: 257 S Spring St Unit 3A is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 257 S Spring St Unit 3A are:
Ninth Street Elementary School: GreatSchools Rating 3/10
Melrose Avenue Elementary School: GreatSchools Rating 9/10
Point Fermin Elementary School: GreatSchools Rating 6/10
Sal Castro Middle School: GreatSchools Rating 4/10
Studio: GreatSchools Rating 4/10
Ramon C. Cortines School of Visual and Performing: GreatSchools Rating 6/10
Edward R. Roybal Learning Center: GreatSchools Rating 5/10
Contreras Learning Center-Academic Leadership Community: GreatSchools Rating 3/10

How many bedrooms and bathrooms does this property have?

The property at 257 S Spring St Unit 3A has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 257 S Spring St Unit 3A is 807 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 257 S Spring St Unit 3A is 1899.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles90012257 S Spring St Unit 3A

This home is located at 257 S Spring St Unit 3A in Los Angeles, CA and zip code 90012 in the Central LA neighborhood. This 807 square foot home, which was built in 1899, sits on a 0.66 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since May 11, 2024 and is currently priced at $499,000.

While more than 701 listings in Los Angeles, CA in April 2024 were sold above asking price, there were more than 204 listings sold at asking price, and more than 629 were sold below. Between March 2024 and April 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 14.9%. The median list price of listings available in April 2024 was $986,427, while the average time on the real estate market was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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