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Financial Center Building - 704 South Spring Street, Los Angeles, CA 90014 Property Information

Financial Center Building - 704 South Spring Street, Los Angeles, CA 90014 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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Financial Center Building - 704 South Spring Street, Los Angeles, CA 90014
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Address

Primary address 704 South Spring Street, Los Angeles
Alternate address(es) 126 W 7th St
128 W 7th St
130 W 7th St
Zip code 90014
County Los Angeles
Municipality Los Angeles
Neighborhood Downtown Los Angeles

Sales & Tax Overview for 704 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.

Current property tax $40,539

Lot & Building Information for 704 South Spring Street, Los Angeles

Building sqft 93,315
Building class Office Building - 6 to 13 Stories (1706)
Acreage 0.178
Year built 1924
Year last altered 1975
Stories 6
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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 704 South Spring Street, Los Angeles

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About 704 South Spring Street, Los Angeles

How many square feet does Financial Center Building - 704 South Spring Street, Los Angeles, CA 90014 have?

This Office Building - 6 to 13 Stories (1706) located at Financial Center Building - 704 South Spring Street, Los Angeles, CA 90014 has a total of 93,315 square feet.

What is the year built & the current market value of Financial Center Building - 704 South Spring Street, Los Angeles, CA 90014?

Financial Center Building - 704 South Spring Street, Los Angeles, CA 90014 was built in 1924 and has a current tax assessor's market value of $1,605,916.

Ownership Information

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Past Sales & Property History for 704 South Spring Street, Los Angeles

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No recorded sales for this property.

Title Documents for 704 South Spring Street, Los Angeles

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Date Type Amount Party 1 Party 2 Maturity Document Doc image
01/20/2004 Deed
(File correction - Single parcel sale)
               
               
               
               
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R: Recorded date
D: Document date

Property Taxes for 704 South Spring Street, Los Angeles

Access detailed property tax data for Financial Center Building - Financial Center Building - 704 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 $19,069
Current property tax $40,539
Market value $1,605,916

Special Assessments And Penalties for 704 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
18852 Los Angeles City Street Light Maintenance Land
03071 Los Angeles County Flood Control
00170 Los Angeles County Trauma/Emerg Srvs
18850 Los Angeles Landscape & Lighting Dist #96-1

Assessment History for 704 South Spring Street, Los Angeles

Here's the assessment & property tax history for 704 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 $1,605,916 1.1874 $19,069 +0.95%
2024-2025 $1,574,428 1.1997 $18,888 +2.03%
2023-2024 $1,543,558 1.1994 $18,513 +4.97%
2022-2023 $1,513,293 1.1655 $17,637 +1.16%
2021-2022 $1,483,621 1.1752 $17,436 -1.06%

Permits for 704 South Spring Street, Los Angeles

The complete history of permits filed for 704 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
09/23/2025
03/07/2024
03/05/2024
11/06/2023
04/27/2023
03/16/2023
12/08/2022
07/15/2022
07/15/2022
07/15/2022
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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

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Neighbors for 704 South Spring Street, Los Angeles

Here are the neighbors for Financial Center Building - 704 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
724 S Spring St, Los Angeles 70,008 12/28/2012 $10,000,000
719 S Spring St, Los Angeles 29,424 09/02/2022 $12,700,000
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
841 S Spring St, Los Angeles 04/27/2015
839 S Spring St, Los Angeles 04/27/2015
725 S Spring St, Los Angeles 26,780 09/02/2022 $12,700,000
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 704 South Spring Street, Los Angeles

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