416 S. Spring Street #810 – El Dorado Lofts

416 S. Spring Street #810 – El Dorado Lofts

Hotel Stowell - postcard

In 1915, Charlie Chaplin took residence at El Dorado, formerly known as Hotel Stowell and prized for its extensive Batchelder-tiled lobby and enameled brick and terra cotta façade. The building, designed by architect Frederick Noonan and built by financier N.W. Stowell, is listed on the National Register of Historic Places. Built in 1914, it was extensively renovated and outfitted as a 65-unit condo — with a $40MM price tag — more than a century later.

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It’s a rarity that these units ever hit the market. Residence 810, on the rear stack, comprises of a 1 bedroom, 1 bath open floor plan loft with unobstructed east-facing views.

Even the unit’s front door, a repurposed office door from the 1898-built Douglas Building, harkens back to an era when this strip of Downtown L.A. (the Old Bank District) was considered the “Wall Street of the West.”

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Concrete pillars complement modern interior finishes, including Bosch stainless steel appliances (refrigerator, oven, dishwasher, microwave), black granite countertops, and honey-hued Snaidero Italian cabinets.

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These self-closing drawers, along with the cleverly-hidden dishwasher, are quite fancy.

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Entertain from the dining room, the living room (pre-wired for surround sound), or enjoy views from a fire escape-style balcony — perfect for an urban garden.

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Low-e, dual-glazed windows, in-unit LG washer/dryer combo, spacious wardrobe and coat closets, and a deep soaking tub all sustain the city lifestyle.

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Unmatched location to Spring Street Park, Grand Central Market, and Metro Rail.

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The El Dorado Lofts, 65 distinctive condos in the Historic Core District, is recipient of a Mills Act historical designation, with certification in process for property tax abatement.

Offered at $459,000

  • 1 bedroom loft, 1 full bath
  • Square footage at 897 per Builder
  • $463 per month HOA

Jovelle Schaffer of Sotheby’s Los Feliz represents the Seller. For inquiries, contact Jovelle at (213) 718-1110 or jovelle@jovelle.com.

 

 

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