Los Angeles County  »  90013  »  S Spring St  »  408 S Spring St

408 South Spring Street, Los Angeles, CA 90013 - Property report

Also known as: 408 S Spring St

Property image for 408 South Spring Street, Los Angeles, CA 90013
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Property type

Five or More Apartments or Units - 5 Stories or More - Mills Act Property (055G)

Year built

1904

Acreage

0.162

Sale price

$28,600,000

General Information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
408 S Spring St
Los Angeles, CA 90013
Zip code
90013
Neighborhood
Downtown Los Angeles
County
Los Angeles
Municipality
Los Angeles

Owner

Find out who owns 408 South Spring Street, Los Angeles, CA 90013. Uncover corporate and individual owners with a free account.

Building
Property type
Five or More Apartments or Units - 5 Stories or More - Mills Act Property
Building sq. ft.
77,032
Buildings on lot
1
Stories
5 or more
Year built
1904
Last altered
1975
Sales
Sale date
08/28/2018
Sale price
$28,600,000
Arm's length
Tax
Tax year
2026-2027
Property tax
$394,729
Zoning & use
Zoning
Qualified opportunity zone
Units
56
Lot
Acreage
0.162

Area overview

Walk score
96 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
83 /100.  Very Bikeable
School district
Los Angeles Unified School District
Weed hazard
No

View more such as transportation, nearby schools and risk designations. For more property insights, including its Energy Star score, Existing Buildings Energy and Water Efficiency Program (EBEWE) status, plus additional energy and water usage data, .

Ownership information for 408 South Spring Street, Los Angeles, CA

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 408 South Spring Street, Los Angeles, CA 90013

Sale date Sale price Buyer name Seller name
08/28/2018 $28,600,000 XXXXXXXXXXX XXXX XXX XXXXXXX XX
09/25/1990 $4,791,817 XXXXX XXXX XXX X XXXXXX XXX

*Most recent sales on record for this property.

More about Los Angeles County property records.

Title documents

Date Type Amount Party 1 Party 2
12/01/2025 Modify Trust Deed XXXXXXXXXXX XXXX XXX XXXXXX XXXXXXXX XXXX
01/24/2024 Modify Assignment of Lease
Modify Assignment of Rents
Modify Financing Statement
Modify Trust Deed
XXXXXXXXXXX XXXX XXX XXXX XXXXX XXX
11/23/2020 Financing Statement XXXXXXXXXXX XXXX XXX XXXX XXXXX XXX
11/23/2020 Assignment of Lease
Assignment of Rents
XXXXXXXXXXX XXXX XXX XXXX XXXXX XXX
11/23/2020 Assignment of Lease
Assignment of Rents
Financing Statement
Trust Deed
XXXXXXXXXXX XXXX XXX XXXX XXXXX XXX
08/31/2018 Covenant and Agreement XXXXXXXXXXX XXXX XXX XXXXXXXXXXX XXXX XXX
08/28/2018 Financing Statement XXXXXXXXXXX XXXX XXX XXXXX XXXX XXXXXXXXXXX XXX
08/28/2018 Assignment of Lease
Assignment of Rents
XXXXXXXXXXX XXXX XXX XXXXX XXXX XXXXXXXXXXX XXX
08/28/2018 Assignment of Lease
Assignment of Rents
Financing Statement
Trust Deed
XXXXXXXXXXX XXXX XXX XXXXX XXXX XXXXXXXXXXX XXX
08/28/2018 Grant Deed
(Sale for consideration - full DTT - Single parcel sale)
XXXXXXX XX XXXXXXXXXXX XXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 408 South Spring Street, Los Angeles, CA

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026-2027
Base tax
$394,729
Current property tax
$420,189
Recent tax assessments
Market value
$33,243,153
Land value
$4,874,457
Building value
$28,318,296

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Assessed value Tax rate Property tax Y-o-Y change
2025-2026 $32,592,316 1.1874 $387,001 +0.95%
2024-2025 $31,954,240 1.1997 $383,355 +2.06%
2023-2024 $31,317,190 1.1994 $375,618 +4.96%
2022-2023 $30,703,892 1.1655 $357,854 +1.16%
2021-2022 $30,102,619 1.1752 $353,766 +936.43%
2020-2021 $2,844,131 1.200129 $34,133 +2.20%
2019-2020 $2,844,131 1.174279 $33,398 -1.82%
2018-2019 $2,844,131 1.196 $34,017 +2.01%
2017-2018 $2,795,079 1.193 $33,346 +1.78%
2016-2017 $2,749,013 1.1918 $32,764 +2.32%

Special assessments & penalties for 408 South Spring Street, Los Angeles, CA

Code Description Tax levied
00194 Health License Fees
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
18952 Los Angeles-Historic Downtown Bid
18869 Los Angeles-Stormwater Pollution Abatement
00177 Safe Clean Water Program Funding Measure W
06111 West Vector Mosquito

Permit information for 408 South Spring Street, Los Angeles, CA

Issued date Permit number Permit type Sub type Valuation Expire date Status
05/24/2024
01/10/2023
10/14/2020
07/21/2020
05/24/2016

*Most recent permits on record for this property.

More about Los Angeles County property records

Los Angeles residential market stats

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.

Median sale price

$995,000

-3.7% Y-o-Y

Median price/sq. ft.

$650

-3.8% Y-o-Y

Los Angeles county median sale price

$870,000

-0.6% Y-o-Y

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

Demographics by ZIP code

Total population
14,357
Median age
41.4
Average household income
$88,943
Family households
16.4%
People per household (average)
1.37
Occupied housing units
8,458
Owner-occupied units
7.8%
Median year structure built
1944
Median value mortgaged units
$794,400
Median value unmortgaged units
$829,800

Risk

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FEMA flood zones

FEMA flood zones
X
Earthquake-induced liquefaction area
Landslides and liquefaction map

Fire hazard zones

Faults and tsunami inundation zones map
Seismic gas shut-off valve installed
Crime incidents map

Transportation

Daily traffic map

Access the detailed traffic volume map for 408 South Spring Street, Los Angeles, CA 90013 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the year built for 408 South Spring Street, Los Angeles, CA 90013?

The development at 408 South Spring Street, Los Angeles, CA 90013 was built in 1904.

What is the total square footage of 408 South Spring Street, Los Angeles, CA 90013?

408 South Spring Street, Los Angeles, CA 90013 has a total of 77,032 square feet.

When was 408 South Spring Street, Los Angeles, CA 90013 last sold and what was the sale price?

408 South Spring Street, Los Angeles, CA 90013 was last sold on 08/28/2018 for $28,600,000.

What is the assessed value of 408 South Spring Street, Los Angeles, CA 90013?

408 South Spring Street, Los Angeles, CA 90013 is currently assessed at $32,592,316.

What are the property taxes for 408 South Spring Street, Los Angeles, CA 90013?

The property taxes for 408 South Spring Street, Los Angeles, CA 90013 total $387,001.

How many residential units does this building have?

This building has 56 residential unit(s).

Disclaimer

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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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