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Corporation Building - 724 South Spring Street, Los Angeles, CA 90014 Property Information

Corporation Building - 724 South Spring Street, Los Angeles, CA 90014 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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Corporation Building - 724 South Spring Street, Los Angeles, CA 90014
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Address

Primary address 724 South Spring Street, Los Angeles
Alternate address(es) 718 S Spring St
722 S Spring St
Zip code 90014
County Los Angeles
Municipality Los Angeles
Neighborhood Downtown Los Angeles

Sales & Tax Overview for 724 South Spring Street, Los Angeles

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 12/28/2012
Sale price $10,000,000
Arm's length
Current property tax $97,476

Lot & Building Information for 724 South Spring Street, Los Angeles

Building sqft 70,008
Building class Store & Office Combination - One Story (1200)
Acreage 0.141
Year built 1915
Year last altered 1976
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
Weed hazard No
School district Los Angeles Unified School District

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Other Property Data for 724 South Spring Street, Los Angeles

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  • • Improvements for 724 South Spring Street, Los Angeles , including their type, square footage, grade and when they were built.
  • Development maps such as planimetric, zoning, land use and urban landscape maps (building age and stories).
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About 724 South Spring Street, Los Angeles

How many sq. ft. does Corporation Building - 724 South Spring Street, Los Angeles, CA 90014 have & what is the price per sq. ft?

This Store & Office Combination - One Story (1200) located at Corporation Building - 724 South Spring Street, Los Angeles, CA 90014 has a total of 70,008 square feet and a current price per square foot of $142.

What is the year built & the current market value of Corporation Building - 724 South Spring Street, Los Angeles, CA 90014?

Corporation Building - 724 South Spring Street, Los Angeles, CA 90014 was built in 1915 and has a current tax assessor's market value of $6,945,986.

Ownership Information

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Spaces for Lease in 724 South Spring Street, Los Angeles

Corporation Building
Listing type For Lease
Listing date 12/07/2016
Last updated 04/30/2026
Lot size 0.14 Acre
View Listing

Brokers

David Muir
Spaces
Suite name Space type Lease rate Available space Brokers
#301-302 General Office $24/Sqft/Year 2,032 John C. Anthony
Christopher Steck
#501-504 General Office $24/Sqft/Year 4,537 John C. Anthony
Christopher Steck
#701 General Office Listing price not available 1,107 John C. Anthony
Christopher Steck
#702 General Office Listing price not available 925 John C. Anthony
Christopher Steck
#1102-1104 General Office $24/Sqft/Year 3,430 John C. Anthony
Christopher Steck
#1203-1204 General Office $24/Sqft/Year 2,505 John C. Anthony
Christopher Steck
Active Listings For This Property:
For Lease Corporation Building
Corporation Building
724 South Spring Street, Los Angeles
Property Creative Office
Availability 6 Spaces listed / 14536 Sqft
Price $24/Sqft/Year
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Past Sales & Property History for 724 South Spring Street, Los Angeles

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Purchase date Purchase price Buyer name Seller name
12/28/2012 $10,000,000
09/12/2003 $4,100,041
05/31/2002 $1,500,015
       
       
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*Here are the three most recent sales for this property.


Title Documents for 724 South Spring Street, Los Angeles

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Maturity Document Doc image
12/28/2012 Grant Deed
(Sale for consideration - full DTT - 5 parcels in multiple sale)
12/28/2012 Grant Deed
10/28/2005 Assignment of Lease
10/28/2005 Trust Deed
09/12/2003 Deed
(Sale for consideration - full DTT - 5 parcels in multiple sale)
05/31/2002 Deed
(Sale for consideration - full DTT - 5 parcels in multiple sale)
08/31/1995 Deed
06/02/1989 Deed
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R: Recorded date
D: Document date

Property Taxes for 724 South Spring Street, Los Angeles

Access detailed property tax data for Corporation Building - Corporation Building - 724 South Spring Street, Los Angeles, CA 90014. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Base tax $82,477
Current property tax $97,476
Market value $6,945,986

Special Assessments And Penalties for 724 South Spring Street, Los Angeles

Special Assessments

Abatements, financial assistance programs and non-ad valorem taxes levied as special taxes/direct assessments are applicable for this property.

Code Description Tax levied
03694 La County Regional Park And Open Space District
18851 Los Angeles City Light Maintenance
03071 Los Angeles County Flood Control
00170 Los Angeles County Trauma/Emerg Srvs
18850 Los Angeles Landscape & Lighting Dist #96-1

Assessment History for 724 South Spring Street, Los Angeles

Here's the assessment & property tax history for 724 South Spring Street, Los Angeles, including the evolution of the total tax rate and corresponding property tax.

Year Assessment value Total tax rate Property tax Year over year change
2025-2026 $6,945,986 1.1874 $82,477 +0.95%
2024-2025 $6,809,792 1.1997 $81,697 +2.03%
2023-2024 $6,676,268 1.1994 $80,075 +4.97%
2022-2023 $6,545,361 1.1655 $76,286 +1.16%
2021-2022 $6,417,021 1.1752 $75,413 -74.72%

Permits for 724 South Spring Street, Los Angeles

The complete history of permits filed for 724 South Spring Street, Los Angeles, including new construction or demolition permits, complaints, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Issued Permit Type Sub type Valuation Expires Status
03/02/2023
03/02/2023
02/13/2023
06/24/2021
11/01/2017
08/16/2017
07/11/2017
05/19/2017
04/05/2017
04/05/2017
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Los Angeles residential market stats

Median Sale Price
$1,000,000
1% YoY
Median Price/Sqft
$663
1.5% YoY
Los Angeles County Median Sale Price
$872,000
0.2% YoY

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Demographics by Zip Code

Total population 10,224
Median age 37.7
Average household income $73,011
Family households 16.0%
Occupied housing units 7,004
Owner occupied units 6.0%
Average number of people per household 1.39
Median year structure built 1938
Median value for units with a mortgage $610,400
Median value for units without a mortgage $635,100

Risk

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FEMA flood zone(s) X (See more on map)
Fire hazard zone See more on map
Faults and tsunami inundation zone map
Landslides and liquefaction map
Seismic gas shut off valve installed
Earthquake-induced liquefaction area

Transportation

Access the detailed traffic volume map for 724 South Spring Street, Los Angeles to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

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Neighbors for 724 South Spring Street, Los Angeles

Here are the neighbors for Corporation Building - 724 South Spring Street, Los Angeles.

Address Square feet Purchase date Purchase price
820 S Spring St, Los Angeles 9,533 10/10/2019 $6,212,500
117 W 9th St, Los Angeles 103,336 04/27/2015
719 S Spring St, Los Angeles 29,424 09/02/2022 $12,700,000
740 S Broadway, Los Angeles 81,703 04/14/2017
818 S Spring St, Los Angeles 5,398 10/02/2025
210 W 7th St, Los Angeles 267,890 05/06/2008
810 S Spring St, Los Angeles 118,162 10/01/2014 $21,630,000
701 S Main St, Los Angeles 9,540 06/15/1988 $1,150,000
710 S Broadway, Los Angeles 44,400 05/21/2024
704 S Spring St, Los Angeles 93,315 01/20/2004
725 S Spring St, Los Angeles 26,780 09/02/2022 $12,700,000
730 S Broadway, Los Angeles 09/16/2008 $300,000
721 S Main St, Los Angeles 23,992 05/05/2026
700 S Broadway, Los Angeles 106,656 08/25/2022
705 S Main St, Los Angeles 09/09/2014
716 S Broadway, Los Angeles 69,788 03/14/2019
722 S Broadway, Los Angeles 62,580 06/06/2016 $14,500,000
710 S Spring St, Los Angeles 09/09/2014
729 S Main St, Los Angeles 30,942 09/24/2024 $300,000
834 S Spring St, Los Angeles 5,356 02/26/2025 $3,116,000

Nearby ZIP Codes for 724 South Spring Street, Los Angeles

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