257 S Spring Street 2M
Los Angeles, CA, 90012
$765,000
MLS: 26651333
Beds
1
Baths
1
Sq Ft
1,040
Lot
0.66 ac
Year Built
1899
MLS #
26651333
Days on Market
62
Listed
Feb 12, 2026
Description
This STUNNING corner loft, with 9ft tall ceilings, exposed brick, massive operable windows, cross- ventilation, and dramatic views of the world-famous Bradbury Building and the beautiful DTLA skyline, must be seen in-person to be appreciated. This wonderful loft features: an historic entry door; historic tile and wood floors; a dramatic foyer and entry gallery; very large and open, loft-style living, dining and kitchen areas; Poggenpohl kitchen cabinets and countertops; Bosch appliances, including a gas stovetop; a stackable washer and dryer; a Waterworks bathroom, including a large, deep, soaking bathtub; a large, separate private bedroom with a door for privacy; custom window coverings; and a recently replaced HVAC system, and new electrical breaker box. The Douglas Building (DB), located at the northwest corner of S Spring and W 3rd Streets in Downtown Los Angeles (DTLA), was completed in 1899 as an office building by the estate of Thomas Douglas Stimson, and is one of the most sought-after adaptive re-use addresses in the Central City. In 2005, the developer took great care to utilize as much historic fabric as possible, but the lofts themselves, including all utilities, were new construction. Designed by Reid Brothers Architects in the "Classic Revival Style," and located just two blocks south of Los Angeles City Hall, and one block from the iconic Grand Central Market (GCM), the DB benefits from The Mills Act, which significantly reduces the property taxes for the buyer. The DB is a dog (and cat!) loving building, has a doggy potty area, and the Police Headquarters "dog park" lawn is only a block away at S Spring and W 2nd Streets. The Historic Broadway subway station is located on the same block as the DB, at the southeast corner of S Broadway and W 2nd St. Although the DB has no on-site building amenities, DTLA itself is the amenity, including the GCM, Grand Park, the Music Center, which includes the Walt Disney Concert Hall, The Broad Museum and many restaurants and bars within easy walking distance. We hope you'll come to see Unit 2M soon!
Location
Los Angeles, Los Angeles County, CA 90012
Open on Google Maps ↗Listed by: Harold Bastian · Amalgamated Metropolitan Properties, Inc
Payment estimate
$5,614
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $76,500 · Loan: $688,500
- Principal & Interest
- $4,230
- Property tax (1.25%)
- $797
- Homeowners insurance
- $300
- Mortgage insurance
- $287
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $26,775 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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