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The Lofts at the Security Building - 510 South Spring Street, Los Angeles, CA 90013 Property Information

The Lofts at the Security Building - 510 South Spring Street, Los Angeles, CA 90013 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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The Lofts at the Security Building - 510 South Spring Street, Los Angeles, CA 90013
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Address

Primary address 510 South Spring Street, Los Angeles
Alternate address(es) 118 W 5th St
500 S Spring St
502 S Spring St
Zip code 90013
County Los Angeles
Municipality Los Angeles
Neighborhood Downtown Los Angeles

Sales & Tax Overview for 510 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 06/25/2002
Sale price $4,845,048
Arm's length
Current property tax $217,099

Lot & Building Information for 510 South Spring Street, Los Angeles

Building sqft 214,867
Building class Five or More Apartments or Units - 5 Stories or More - Mills Act Property (055G)
Acreage 0.436
Units 153
Year built 1907
Year last altered 2007
Stories 5
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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 510 South Spring Street, Los Angeles

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  • • Improvements for 510 South Spring Street, Los Angeles , including their type, square footage, grade and when they were built.
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About 510 South Spring Street, Los Angeles

What is the year built & the total sq. ft. for The Lofts at the Security Building - 510 South Spring Street, Los Angeles, CA 90013?

The Lofts at the Security Building - 510 South Spring Street, Los Angeles, CA 90013 was built in 1907 and has a total of 214,867 square feet.

What is the assessed value of The Lofts at the Security Building - 510 South Spring Street, Los Angeles, CA 90013 and the property tax paid?

Assessed at $13,196,884, the tax amount paid for The Lofts at the Security Building - 510 South Spring Street, Los Angeles, CA 90013 is $156,699.

When was The Lofts at the Security Building - 510 South Spring Street, Los Angeles, CA 90013 last sold and what was the last sale price?

The Lofts at the Security Building - 510 South Spring Street, Los Angeles, CA 90013 was last sold in 06/25/2002 for $4,845,048.

How many residential units does this building have?

This building has 153 residential unit(s).

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 510 South Spring Street, Los Angeles

Create a free account to view the complete sales history for 510 South Spring Street, Los Angeles, including title documents, transfer conditions, mortgages and liens.

Purchase date Purchase price Buyer name Seller name
06/25/2002 $4,845,048

Title Documents for 510 South Spring Street, Los Angeles

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Date Type Amount Party 1 Party 2 Maturity Document Doc image
06/29/2023 Assignment of Rents
Financing Statement
Trust Deed
01/19/2018 City Action
01/09/2013 Release
12/05/2012 Mechanics Lien
07/11/2007 Release Government Lien
08/30/2006
07/20/2006 Mechanics Lien
06/29/2005 Covenant and Agreement
04/06/2005 Release
03/03/2005 Mechanics Lien
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R: Recorded date
D: Document date

Property Taxes for 510 South Spring Street, Los Angeles

Access detailed property tax data for The Lofts at the Security Building - The Lofts at the Security Building - 510 South Spring Street, Los Angeles, CA 90013. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Base tax $156,700
Current property tax $217,099
Market value $13,196,884

Special Assessments And Penalties for 510 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
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

Assessment History for 510 South Spring Street, Los Angeles

Here's the assessment & property tax history for 510 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 $13,196,884 1.1874 $156,700 +0.78%
2024-2025 $12,960,016 1.1997 $155,481 +2.00%
2023-2024 $12,709,389 1.1994 $152,436 +5.03%
2022-2023 $12,453,123 1.1655 $145,141 -0.46%
2021-2022 $12,407,716 1.1752 $145,815 -2.08%

Permits for 510 South Spring Street, Los Angeles

The complete history of permits filed for 510 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
04/17/2025
04/16/2025
04/16/2025
03/27/2025
06/20/2024
02/25/2022
11/28/2017
04/19/2016
04/19/2016
08/21/2015
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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 14,357
Median age 41.4
Average household income $88,943
Family households 16.4%
Occupied housing units 8,458
Owner occupied units 7.8%
Average number of people per household 1.37
Median year structure built 1944
Median value for units with a mortgage $794,400
Median value for units without a mortgage $829,800

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 510 South Spring Street, Los Angeles

Here are the neighbors for The Lofts at the Security Building - 510 South Spring Street, Los Angeles.

Address Square feet Purchase date Purchase price
331 S Figueroa St, Los Angeles 444,518 03/24/2010 $61,750,617
216 W 5th St, Los Angeles 21,724 08/30/2012 $1,750,000
546 S Spring St, Los Angeles 05/11/2018 $6,800,000
111 S Grand Ave, Los Angeles 10/06/2020
501 S Spring St, Los Angeles 169,689 04/23/2015 $7,075,000
515 S Spring St, Los Angeles 180,823 08/11/2006
516 S Broadway, Los Angeles 19,867
333 S Grand Ave, Los Angeles 1,397,708 09/16/2002
514 S Spring St, Los Angeles 21,480
503 S Main St, Los Angeles 126,542 02/04/2013
546 S Broadway, Los Angeles 12,320 06/04/2003
524 S Spring St, Los Angeles 106,140 02/09/2018
333 S Hope St, Los Angeles 1,392,719 08/30/2004 $35,004,350
525 S Spring St, Los Angeles
532 S Broadway, Los Angeles 19,850 02/03/1994 $900,000
235 S Figueroa St, Los Angeles 112,221 12/03/1996 $15,750,000
526 S Broadway, Los Angeles 10,680 11/30/2007
558 S Broadway, Los Angeles 45,815 03/07/2013
217 W 6th St, Los Angeles 18,204 12/06/2024 $2,250,000

Nearby ZIP Codes for 510 South Spring Street, Los Angeles

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