416 S Spring Street 905
Los Angeles, CA, 90013
$634,900
Original list price: $695,000
MLS: 26638345
Beds
2
Baths
2
Sq Ft
1,100
Lot
0.24 ac
Year Built
1914
MLS #
26638345
Days on Market
203
Listed
Jan 12, 2026
Description
NEW PRICE! Built in 1914 as the Stowell Hotel, and once home to the actor Charlie Chaplin, The El Dorado has a storied history and is listed on the National Register of Historic Places. The El Dorado carefully restored and retains the stunning Beaux-Arts style exterior while offering all the modern comforts of today in your loft. The Mills Act also offers a considerable property tax savings. Two bedrooms and two bathrooms with walk in closet, city views from your own PRIVATE BALCONY, a warm living room with an open kitchen design perfect for entertaining. Bosch appliances throughout and a washer and dryer included inside your unit. The unit features spacious walk-in closet. Dine Al Fresco while taking in the city views or have a lovely dinner at the many restaurants in DTLA. The residents enjoy 24 controlled access to the building and a front lobby security officer. Walk to everything as you are just minutes from the famed Grand Central Market, top restaurants, bars and venues, the theatre district, museums and more. The Stowaway Bar has been refinished in its original locale in the building's basement, formerly a speakeasy during the 1920's! Two parking spaces are leased to the unit in perpetuity in the 24hr/7 day secured covered parking at cost. Details provided. A must see.
Location
Los Angeles, Los Angeles County, CA 90013
Open on Google Maps ↗Listed by: Tiffany Gatto · Smart LA Realty
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
$5,887
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $63,490 · Loan: $571,410
Average 30-yr fixed rate 6.66% as of Jul 30, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,672
- Property tax (1.25%)
- $661
- Homeowners insurance
- $300
- Mortgage insurance
- $238
- HOA dues
- $1,016
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 $22,222 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.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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