257 S Spring Street 4L
Los Angeles, CA, 90012
$350,000
Original list price: $395,000
MLS: 26665547
Beds
0
Baths
1
Sq Ft
650
Lot
0.66 ac
Year Built
1899
MLS #
26665547
Days on Market
92
Listed
Mar 16, 2026
Description
RARE IN-BUILDING PARKING INCLUDED Bright, south-facing live/work loft in the historic Douglas Building, MILLS ACT approved for significant property tax savings. Originally built in 1899 by architects James & Merritt Reid, this former Southern Pacific Railroad ticketing office has been thoughtfully transformed while preserving its characterfeaturing hardwood floors, original mosaic tile in the dining area, exposed brick walls, and oversized windows with views of the iconic Bradbury Building and DTLA skyline.The open-concept layout offers flexibility with soaring 12' ceilings, complemented by modern upgrades including central heat & AC and a sleek kitchen with dual-toned Poggenpohl cabinetry and stainless steel appliances. The kitchen flows seamlessly into the dining area and spacious living room, ideal for entertaining.Additional highlights include ambient window treatments, a bathroom with Waterworks fixtures, and a vented laundry closet with stackable washer/dryer.Includes one rare assigned underground parking space. The Douglas Building is a boutique 50-unit residence with secured entry, coded access, and front desk security.Located in the heart of DTLAjust moments from the Sunday Spring St Farmers Market, Arts District, Little Tokyo, Grand Central Market, The Broad, Walt Disney Concert Hall, and some of the city's best dining, coffee, and cultural destinations.Historic character. Modern living. Prime location.
Location
Los Angeles, Los Angeles County, CA 90012
Open on Google Maps ↗Listed by: Bonnie Hyde · Coldwell Banker Realty
Payment estimate
$3,416
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $35,000 · Loan: $315,000
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $1,995
- Property tax (1.25%)
- $365
- Homeowners insurance
- $300
- Mortgage insurance
- $131
- HOA dues
- $625
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 Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $12,250 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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Local Market Stats
See Los Angeles, CA 90012 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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