416 S Spring Street 1210
Los Angeles, CA, 90013
$495,000
MLS: 26654895
Beds
0
Baths
1
Sq Ft
780
Lot
0.24 ac
Year Built
1914
MLS #
26654895
Days on Market
49
Listed
Feb 25, 2026
Description
PENTHOUSE unit! Discover urban living at its finest in the heart of Downtown Los Angeles! This sleek and modern unit offers a thoughtfully designed space with an open layout, perfect for your city lifestyle. Perched at the top of the building, this exceptional penthouse showcases soaring ceilings that immediately set it apart from the rest. Expansive, double-height living areas create an airy, dramatic atmosphere, allowing natural light to pour in through oversized windows and enhancing the sense of scale throughout the home. Featuring beautiful laminate floors throughout, this home provides both style and functionality. The unit boasts a spacious, contemporary living area with large windows that pour in natural light, creating a bright and inviting atmosphere. The full bathroom is finished with modern touches, designed with relaxation in mind. A convenient washer and dryer are in-unit, making laundry day a breeze. For additional convenience, the building also offers a common laundry area. Nestled in the historic Spring Street corridor, this exceptional condo offers the ideal balance of comfort and vibrant city living. Don't miss the opportunity to own an incredible piece of Downtown LA! Best of all, this property qualifies for the Mills Act. The Mills Act allows owners to receive a potential property tax reduction that will help offset the costs of ownership.
Location
Los Angeles, Los Angeles County, CA 90013
Open on Google Maps ↗Listed by: Karen Menjivar · Compass
Payment estimate
$3,738
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $49,500 · Loan: $445,500
- Principal & Interest
- $2,737
- Property tax (1.25%)
- $516
- Homeowners insurance
- $300
- Mortgage insurance
- $186
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 $17,325 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 90013 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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