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Price

$ 995,000

Price: Increased

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Architectural, Condominium

Spring & 2nd, South Spring Street, Los Angeles, CA 90013, USA

Architectural, Condominium

condo for sale

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Listed: 02/13/23

Spring & 2nd, South Spring Street, Los Angeles, CA 90013, USA Unit PENTC

1 Bed:

3 Bath:

1,387 Sq Ft Living Area:

Condo Description

Significant price improvement! This architectural two-level penthouse in the historic Douglas Building features 16ft + high ceilings, incredible light and dramatic north facing views of City Hall, St Vibianas and the new Grand by Gehry complex. Originally constructed as an office building in 1899, the Douglas was converted into 50 live/work lofts in 2005. With gorgeous hardwood floors, exposed brick walls and banks of panoramic windows, the large open floor plan living and dining area is perfect for entertaining and offers tremendous flexibility. One could even partition a section of the room off for use as a second bedroom if needed. The kitchen features custom Poggenpohl cabinetry, a new kitchen island with quartz counters, a spacious pantry and stainless appliances … Full description

Home Details

Appliance

Air Conditioning

Washer

View Type

Beach View

Floor Covering

Hardwood

Tile - Stone

Tile or Stone

Heating System

Central Furnace

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Historic Core District Housing & Living

Average sale prices for condos as of May, 2023.

Condo size	May	vs Last Month
1-bed condos	$523,000	-18%

Property Type	May	vs Last Month
Condos for sale	$523,000	-9.3%

Prices depend on real estate size/amenities and are based on the Rentberry platform statistics.

Household Income

Median household income: $62,474

Number of households: 1,4M

The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.