Los Angeles County  »  240 S Spring St

240 South Spring Street, Los Angeles, CA 90012 Property Information

240 South Spring Street, Los Angeles, CA 90012 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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240 South Spring Street, Los Angeles, CA 90012
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Address

Primary address 240 South Spring Street, Los Angeles
Alternate address(es) 246 S Spring St
Zip code 90012
County Los Angeles
Municipality Los Angeles
Neighborhood Downtown Los Angeles

Sales & Tax Overview for 240 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 08/11/2021
Sale price $6,500,000
Arm's length
Current property tax $86,500

Lot & Building Information for 240 South Spring Street, Los Angeles

Building class Parking Lot - Patron or Employee - One Story (2700)
Acreage 0.285 i
Year last altered
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district Commercial (C4)
Weed hazard No
School district Los Angeles Unified School District

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 240 South Spring Street, Los Angeles

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  • • Improvements for 240 South Spring Street, Los Angeles , including their type, square footage, grade and when they were built.
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About 240 South Spring Street, Los Angeles

What is the assessed value of 240 South Spring Street, Los Angeles, CA 90012 and the property tax paid?

Assessed at $7,035,807, the tax amount paid for 240 South Spring Street, Los Angeles, CA 90012 is $83,543.

When was 240 South Spring Street, Los Angeles, CA 90012 last sold and what was the last sale price?

240 South Spring Street, Los Angeles, CA 90012 was last sold in 08/11/2021 for $6,500,000.

Ownership Information

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Real Estate Reports:
Laura Pop-Badiu, May 07, 2026 Locked-In Owners, Mobile Renters: Homeowners Stay Put as Renters Move 3.7x More Across Largest U.S. Cities 
Renters became the primary drivers of long-distance mobility across the largest U.S. cities, moving 3.7 times more than owners in 2024, as high mortgage rates and housing costs kept many homeowners in place.
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Apr 15, 2026 2026 Q1 Foreclosure Report: Brooklyn Filings Fall Sharply, Bronx & Staten Island Hit New Peaks
Behind a deceptively mild citywide downtick, borough foreclosure markets pulled into significantly diverging paths as Brooklyn cases were nearly halved and the Bronx hit a new, record high. Meanwhile, Queens remained unchanged, Staten Island surged back up and Manhattan cooled slowly.
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Past Sales & Property History for 240 South Spring Street, Los Angeles

Create a free account to view the complete sales history for 240 South Spring Street, Los Angeles, including title documents, transfer conditions, mortgages and liens.

Purchase date Purchase price Buyer name Seller name
08/11/2021 $6,500,000

Title Documents for 240 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
10/29/2025 Notice Default
05/23/2024 Assignment Trust Deed
08/04/2023 Agreement
08/11/2021 Agreement
Subordination
08/11/2021 Assignment of Rents
Financing Statement
Trust Deed
08/11/2021 Covenant and Agreement
08/11/2021 Easement
08/11/2021 Grant Deed
(Sale for consideration - full DTT - Single parcel sale)
12/22/2020 Assignment of Lease
12/22/2020 Assignment of Rents
Financing Statement
Trust Deed
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R: Recorded date
D: Document date

Property Taxes for 240 South Spring Street, Los Angeles

Access detailed property tax data for 240 South Spring Street, Los Angeles, CA 90012. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Base tax $83,543
Current property tax $86,500
Market value $7,035,807

Special Assessments And Penalties for 240 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
18851 Los Angeles City Light Maintenance
03071 Los Angeles County Flood Control
18875 Los Angeles Downtown Center (Downtown Bid)
18850 Los Angeles Landscape & Lighting Dist #96-1
18869 Los Angeles-Stormwater Pollution Abatement

Assessment History for 240 South Spring Street, Los Angeles

Here's the assessment & property tax history for 240 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 $7,035,807 1.1874 $83,543 +0.95%
2024-2025 $6,897,851 1.1997 $82,754 +2.03%
2023-2024 $6,762,600 1.1994 $81,111 +723.27%
2022-2023 $845,326 1.1655 $9,852 +1.16%
2021-2022 $828,752 1.1752 $9,739 -1.07%

Permits for 240 South Spring Street, Los Angeles

The complete history of permits filed for 240 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
01/26/2012
             
             
             
             
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Los Angeles residential market stats

Median Sale Price
$1,030,000
3.1% YoY
Median Price/Sqft
$666
0.2% YoY
Los Angeles County Median Sale Price
$889,500
1.7% YoY

Access a detailed real estate market overview of Los Angeles so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Los Angeles and compare it to other neighborhoods in Los Angeles County.

Check out recently sold homes in Los-Angeles and see how their prices compare.

Risk

Create a free account to unlock extended information for 240 South Spring Street, Los Angeles, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).

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

Transportation

Access the detailed traffic volume map for 240 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.

View daily traffic map

Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance to school (mi)
Special Education-Infant/Preschool Program NR Public 267 0.74
E. Manfred Evans Community Adult NR Public 0 0.94
Ninth Street School 2 Public K-5 245 1.02
Castelar Street Elementary School 7 Public K-8 584 1.05
Para Los Ninos - Evelyn Thurman Gratts Primary School NR Charter K-2 160 1.09

Nearest middle schools

Name Rating Type Grade range No of students Distance to school (mi)
Oak Crest Academy - Los Angeles NR Private 7-12 26 0.32
Special Education-Infant/Preschool Program NR Public 267 0.74
Synergy Kinetic Academy 6 Charter 6-8 447 0.90
Dr. Julian Nava Learning Academies-School Of Business And Technology 3 Public 6-8 622 0.90
Los Angeles Academy Of Arts & Enterprise Charter 3 Charter 6-12 265 0.90

Nearest high schools

Name Rating Type Grade range No of students Distance to school (mi)
Oak Crest Academy - Los Angeles NR Private 7-12 26 0.32
Ednovate - Brio College Prep 8 Charter 9-12 484 0.55
American University Preparatory School NR Private 9-12 0 0.58
Icl Academy for Film and Performing Arts NR Private 9-12 16 0.61
American University Preparatory School NR Private 9-12 16 0.61

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 240 South Spring Street, Los Angeles

Here are the neighbors for 240 South Spring Street, Los Angeles.

Address Square feet Purchase date Purchase price
202 W 1st St, Los Angeles 253,565 09/27/2016 $105,000,000
212 S Spring St, Los Angeles 12,710 02/04/2020 $5,600,000
206 S Spring St, Los Angeles 23,089 06/19/2009
245 S Spring St, Los Angeles
240 S Broadway, Los Angeles 41,180 12/15/2006
118 S Broadway, Los Angeles 56,111 09/27/2016 $105,000,000
129 W 3rd St, Los Angeles 11/17/2020 $8,000,000
248 S Broadway, Los Angeles 10,520 12/15/2006
213 S Main St, Los Angeles 02/25/1998 $590,000
251 S Main St, Los Angeles 8,344 07/22/2015 $4,000,000
263 S Main St, Los Angeles 18,745 03/18/2015 $7,291,000
234 W 1st St, Los Angeles 142,235 09/27/2016 $105,000,000
140 S Broadway, Los Angeles 59,601 09/27/2016 $105,000,000
220 S Spring St, Los Angeles 02/03/2017
233 S Main St, Los Angeles 07/22/2015
253 S Main St, Los Angeles 1,500 03/18/2015 $4,737,000
239 S Spring St, Los Angeles
236 S Broadway, Los Angeles 01/30/1995
213 S Spring St, Los Angeles 11/09/2015
245 S Main St, Los Angeles 4,560 03/18/2015 $1,774,000

Nearby ZIP Codes for 240 South Spring Street, Los Angeles

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