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257 S Spring Street , 2G

Los Angeles (City), CA 90012
  • $765,000
  • STATUS: Active
  • ON SITE: 67 Days
  • ID#: 22149551
UPDATED: 28 min ago
$765,000
  • 2
    BEDS
  • 0.66
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,016
    SQFT
  • $753
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1899
County:

School Ratings & Info

Listing Agent(s): Harold Bastian of Amalgamated Metropolitan Properties, Inc (213-440-0242)


Description

Priced drop to $765,000! With interest rates rising and market changing, the original owner of this beautiful unit has lowered the price to sell it! All reasonable offers considered. Fast escrow. The Douglas Building (DB), located at the northwest corner of S Spring and W 3rd Streets in Downtown Los Angeles (DTLA), was completed in 1899 as an office building by the estate of Thomas Douglas Stimson, and is one of the most sought after adaptive re-use addresses in the Central City. Designed by Reid Brothers Architects in the "Classic Revival Style," the DB is designated by the Cultural Heritage Commission of the City of Los Angeles as Historical Cultural Monument No. 966, is located just two blocks south of City Hall and one block from the Grand Central Market, and benefits from The Mills Act, which offers up to a 70% reduction in real estate taxes. Unit 2G is one of the most spectacular residences in the Douglas, as it sits on the corner of Spring and 3rd Streets, with dramatic views of Spring Street, the world-famous Bradbury building, and part of the DTLA Skyline. Because of its configuration, Unit 2G enjoys has many windows along both sides. In 2005, the DB was sold-out before it even opened. The developer took great care to utilize as much historic fabric is possible, but the units themselves, including all utilities, were new construction. The living space and kitchen is in an open, loft-style, with a high ceiling, and there are also two private bedrooms with doors. The wood floors are original, the two full bathrooms feature Waterworks bathtubs and fixtures, and the kitchen has lovely cabinets and countertops. The basement of the building was converted into parking and this unit has one space, with access to the upper floors by one of the two elevators in the DB. This is a dog (and cat!) loving building and the Police Headquarters "dog park" lawn is only a block away at Spring and Second Streets, as is the new Regional Connector subway station. Although the DB has no amenities, DTLA itself is the amenity, including Grand Park, the Music Center, The Broad and many restaurants and bars within easy walking distance. We hope you'll come to see Unit 2G soon!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-06-30T23:31:44.09. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
www.teamforss.com/homes/128007168
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257 S Spring Street , 2G Los Angeles (City), CA 90012

  • Price: $765,000
  • Status: Active
  • On Site: 67 Days
  • Updated: 28 min ago
  • ID#: 22149551
2
Beds
2
Baths
0
½ Baths
0.66
Acres
1,016
SQFT
$753
$/SQFT
1899
Built
Neighborhood:
C42 - Downtown L.A.
County:
Los Angeles
Area:
C42 - Downtown L.A.
Property Description
Priced drop to $765,000! With interest rates rising and market changing, the original owner of this beautiful unit has lowered the price to sell it! All reasonable offers considered. Fast escrow. The Douglas Building (DB), located at the northwest corner of S Spring and W 3rd Streets in Downtown Los Angeles (DTLA), was completed in 1899 as an office building by the estate of Thomas Douglas Stimson, and is one of the most sought after adaptive re-use addresses in the Central City. Designed by Reid Brothers Architects in the "Classic Revival Style," the DB is designated by the Cultural Heritage Commission of the City of Los Angeles as Historical Cultural Monument No. 966, is located just two blocks south of City Hall and one block from the Grand Central Market, and benefits from The Mills Act, which offers up to a 70% reduction in real estate taxes. Unit 2G is one of the most spectacular residences in the Douglas, as it sits on the corner of Spring and 3rd Streets, with dramatic views of Spring Street, the world-famous Bradbury building, and part of the DTLA Skyline. Because of its configuration, Unit 2G enjoys has many windows along both sides. In 2005, the DB was sold-out before it even opened. The developer took great care to utilize as much historic fabric is possible, but the units themselves, including all utilities, were new construction. The living space and kitchen is in an open, loft-style, with a high ceiling, and there are also two private bedrooms with doors. The wood floors are original, the two full bathrooms feature Waterworks bathtubs and fixtures, and the kitchen has lovely cabinets and countertops. The basement of the building was converted into parking and this unit has one space, with access to the upper floors by one of the two elevators in the DB. This is a dog (and cat!) loving building and the Police Headquarters "dog park" lawn is only a block away at Spring and Second Streets, as is the new Regional Connector subway station. Although the DB has no amenities, DTLA itself is the amenity, including Grand Park, the Music Center, The Broad and many restaurants and bars within easy walking distance. We hope you'll come to see Unit 2G soon!
Exterior Features

Architectural Style Other Entry Level 2 Parking Features UndergroundGated Parking Total 1 Pool Features None Pool Private YN No View City LightsLandmark View YN Yes

Interior Features

Appliances DishwasherElectric OvenGas CooktopDisposalMicrowaveRefrigeratorDryerWasher Cooling Central AirElectric Cooling YN Yes Fireplace Features None Fireplace YN No Flooring StoneWood Heating CentralElectric Heating YN Yes Interior Features Ceiling Fan(S)Loft

Property Features

Association Amenities Controlled AccessMaintenance GroundsHot WaterSecurityTrash Association Fee 599.7 Association Fee Frequency Monthly Association Fee2 215 Association Fee2 Frequency Monthly Association YN Yes Community Features Gated Disclosures Covenants/Restrictions DisclosureHistoricalHoa Disclosure Garage YN Yes Laundry Features Stacked Lease Considered YN No Listing Agreement Seller Reserved Listing Service Full Service New Construction YN No Property Sub Type Condominium Security Features Fire Detection SystemFirewall(S)Fire Rated DrywallFire Sprinkler SystemSecurity GateGated CommunityKey Card EntrySmoke Detector(S)Security Guard Senior Community YN No Special Listing Conditions Standard Zoning Lac4



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-06-30T23:31:44.09. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
 
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31213 Temecula Parkway
Temecula CA, 92592
Listing Agent(s): Harold Bastian of Amalgamated Metropolitan Properties, Inc (213-440-0242)