416 S Spring Street 609
Los Angeles, CA, 90013
$749,995
MLS: 26647633
Beds
2
Baths
2
Sq Ft
1,300
Lot
0.24 ac
Year Built
1914
MLS #
26647633
Days on Market
64
Listed
Feb 4, 2026
Description
Perfectly situated in one of the most desirable pockets of DTLA, this spacious 2-bedroom, 2-bathroom residence offers 1,300 square feet of comfortable living, with dining, shopping, and entertainment just steps from your front door. The home is filled with natural light and features two private balconies overlooking the park next door, creating an ideal indoor-outdoor connection. For added comfort and flexibility, automatic blackout shades are installed in both the primary bedroom and living room. Interior highlights include an updated kitchen, upgraded flooring, and custom built-ins in the living and dining areas that blend character with modern convenience. Additional features such as an in-unit washer and dryer, multiple built-in A/C wall units, and exceptional storage a rare find in condo living with more than five closets thoughtfully distributed throughout, make everyday living effortless. Originally built as a hotel, this historic building has recently been renewed under the Mills Act, offering the potential for significant annual property tax savings due to its historic designation. Priced to sell, this home delivers space, charm, and practicality in one of LA's most dynamic neighborhoods.
Location
Los Angeles, Los Angeles County, CA 90013
Open on Google Maps ↗Listed by: Trenten Rocha · Compass
Payment estimate
$5,510
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $75,000 · Loan: $674,995
- Principal & Interest
- $4,147
- Property tax (1.25%)
- $781
- Homeowners insurance
- $300
- Mortgage insurance
- $281
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 $26,250 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 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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