416 S Spring Street 205
Los Angeles, CA, 90013
$588,888
MLS: GD26161749
Beds
1
Baths
2
Sq Ft
1,200
Lot
0.24 ac
Year Built
1914
MLS #
GD26161749
Days on Market
3
Listed
Jul 29, 2026
Description
In the heart of Downtown Los Angeles, a magnificent 1 bedroom, 2 bathroom condominium awaits. Located within a historic building originally constructed in 1914 by Nathan Wilson Stowell and designed by Frederick Noonan, this remarkable residence blends timeless architectural character with modern updates completed by Downtown Properties in 2010. Designated under the Mills Act, the property offers the opportunity for significant property tax savings. Inside, an expansive open floor plan showcases fine flooring, soaring ceilings with fire sprinklers, recessed lighting, and abundant storage throughout. The beautifully appointed kitchen features sleek countertops, elegant cabinetry, and stainless steel appliances, creating a stylish and functional space for everyday living and entertaining. The spacious living area extends seamlessly to a private balcony overlooking the iconic high rise skyline of Bunker Hill, offering the perfect setting to relax and take in the vibrant cityscape. The generous primary bedroom serves as a private retreat, complete with an en suite bathroom and a walk in closet. A separate laundry area adds everyday convenience and functionality. Ideally situated in the heart of Downtown Los Angeles, this exceptional residence places world class dining, shopping, entertainment, museums, and cultural attractions just moments away. Experience the perfect blend of historic charm, modern sophistication, and one of the city's most sought after urban lifestyles.
Location
Los Angeles, Los Angeles County, CA 90013
Open on Google Maps ↗Listed by: Raffi Soualian · JohnHart Real Estate
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$5,608
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $58,889 · Loan: $529,999
Average 30-yr fixed rate 6.66% as of Jul 30, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,406
- Property tax (1.25%)
- $613
- Homeowners insurance
- $300
- Mortgage insurance
- $221
- HOA dues
- $1,068
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 Jul 30, 2026
- 30-year fixed
- 6.66%
- 15-year fixed
- 6.04%
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 $20,611 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
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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
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