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Highlights

  • Pet Friendly
  • Private balcony
  • Built-in bookshelves
  • In-unit laundry
  • Large walk-in closet
  • Spacious living area
  • Modern kitchen and bathrooms

Location

416 S Spring St #505, Los Angeles, CA 90013, USA|Downtown Los Angeles
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Property Overview

416 S Spring St achieves an impressive Zumper Expert Rating of 8.8, underlining its appeal to renters, while its outstanding price and amenities ratings of 10 indicate a strong value for the provided features. The property is situated in a prime location, scoring 9 for accessibility to essential amenities and entertainment, and boasts notable features such as a private balcony, spacious living area, and in-unit laundry, making it an excellent choice for diverse lifestyles. Additionally, it is positioned among the top percentile for value and offers a range of nearby facilities for work, socializing, fitness, and pet needs.

This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.

Things you’ll love

  • Less expensive
  • Elementary school nearby
  • More space

Great for

  • Work-from-home
  • Social life
  • Pet owners

Floor plans

Los Angeles, CA - Apartment - $1,990.00 Available December 20251 bed2 bath1,080 sqftLocated in Downtown's Historic Core, this spacious unit in the El Dorado Lofts building is as captivating inside as it is from the exterior. Adjacent to many attractions beloved by downtown locals, this stunning Art Nouveau/Gothic Revival building is a protected Historic Cultural Landmark, with its facade decorated in a series of botanical motif friezes and verdigris-hue enameled brick. Architectural character features define interior common spaces as well, from the lobby lined in Bachelder tiles, to the handsome original wood front door of unit 505 with privacy glass and gold stencil work detail. Inside, the unit boasts desirable architectural details (exposed beams, steel sash windows, salvaged wood doors) as well as the practical features and amenities for modern day living (in-unit laundry, modern kitchen and bathrooms, multiple mini-split AC units). The home's tranquil primary suite with its own full bathroom and large walk-in closet provides ample storage. Entertainers will enjoy the ergonomically-designed kitchen, which opens to the spacious living area and dining room, lined with built-in bookshelves. A wall of west-facing windows offering ample natural light and opens onto a sunny private balcony with vibrant city views. Finally, a large office alcove with its own wall of built-ins offers flexibility - it's large enough to be a second bedroom - and the second full bath is conveniently close. Renters will benefit from the building's Mills Act status. With proximity to the Downtown Farmers Market, Spring Street Dog Park, Grand Central Market, Los Angeles Athletic Club, and so many other great neighborhood spots, this home is truly a standout opportunity. This is an ideal home offering convenience and lifestyle in a beautiful envelope in the heart of the City.

Available rentals nearby

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Inspire Echo Park

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Greater Echo Park Elysian • 355 Glendale Blvd

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$2,103–$3,650

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Greater Echo Park Elysian • 333 Belmont Ave

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$2,778–$3,099

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Greater Wilshire • 4121 Wilshire Boulevard

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$3,250

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Echo 55

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Greater Echo Park Elysian • 1655 Allesandro St

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$2,750–$3,100

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HWH Luxury Living

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Downtown Los Angeles • 125 4th Street

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$2,400–$3,189

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Downtown Los Angeles • 900 S Figueroa St

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$2,349–$4,151

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Historic Cultural • 201 S Santa Fe Ave

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$3,350–$4,495

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Fusion Hollywood

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Hollywood Studio District • 5750 Hollywood Blvd

1 Bed

$2,399–$7,821

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Inspire Echo Park

Our team has verified this company

Greater Echo Park Elysian • 355 Glendale Blvd

1 Bed

$2,103–$3,650

featured image of 333 Belmont Ave

Inspire Belmont Apartments

Our team has verified this company

Greater Echo Park Elysian • 333 Belmont Ave

1 Bed

$2,778–$3,099

featured image of 4121 Wilshire Boulevard

Los Altos Apartments

Our team has verified this company

Greater Wilshire • 4121 Wilshire Boulevard

1 Bed

$3,250

featured image of 1655 Allesandro St

Echo 55

Our team has verified this company

Greater Echo Park Elysian • 1655 Allesandro St

1 Bed

$2,750–$3,100

featured image of 125 4th Street

HWH Luxury Living

Our team has verified this company

Downtown Los Angeles • 125 4th Street

1 Bed

$2,400–$3,189

featured image of 900 S Figueroa St

Apex and Alina

Our team has verified this company

Downtown Los Angeles • 900 S Figueroa St

1 Bed

$2,349–$4,151

featured image of 201 S Santa Fe Ave

RiverFront live - Work Lofts

Our team has verified this company

Historic Cultural • 201 S Santa Fe Ave

1 Bed

$3,350–$4,495

featured image of 5750 Hollywood Blvd

Fusion Hollywood

Our team has verified this company

Hollywood Studio District • 5750 Hollywood Blvd

1 Bed

$2,399–$7,821

Rent trends in Downtown Los Angeles

Median rents as of Apr 25 2026.
Downtown Los Angeles
Los Angeles
A table of studio rental data trends in Los Angeles
MonthMedian Rent
May 2024$1,750
June 2024$1,778
July 2024$1,816
August 2024$1,848
September 2024$1,848
October 2024$1,801
November 2024$1,814
December 2024$1,845
January 2025$1,848
February 2025$1,815
March 2025$1,810
April 2025$1,756
May 2025$1,745
June 2025$1,750
July 2025$1,750
August 2025$1,736
September 2025$1,702
October 2025$1,702
November 2025$1,709
December 2025$1,738
January 2026$1,739
February 2026$1,721
March 2026$1,697
April 2026$1,690
A table of studio rental data trends in Downtown Los Angeles
MonthMedian Rent
May 2024$2,119
June 2024$2,145
July 2024$2,165
August 2024$2,160
September 2024$2,138
October 2024$2,145
November 2024$2,125
December 2024$2,148
January 2025$2,172
February 2025$2,099
March 2025$2,075
April 2025$2,000
May 2025$2,043
June 2025$2,067
July 2025$2,052
August 2025$1,987
September 2025$1,994
October 2025$1,991
November 2025$1,959
December 2025$1,991
January 2026$2,019
February 2026$2,087
March 2026$2,079
April 2026$2,120

Schools near 416 S Spring St

Virtual Academy of Business & Entrepreneurship

333 s beaudry ave 11th floor

los angeles, CA, 90017

K-12Public

Computer Science Virtual Academy

333 s beaudry ave 11th floor

los angeles, CA, 90017

K-12Public

STEAM Virtual Academy

333 s beaudry ave 11th fl

los angeles, CA, 90017

K-12Public

Leadership & Public Service Virtual Academy

333 s beaudry ave 11th floor

los angeles, CA, 90017

K-12Public

Virtual Academy of International Studies/Humanities

333 s beaudry ave 11th floor

los angeles, CA, 90017

K-12Public
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Internet available near 416 S Spring St

Getting around Los Angeles near 416 S Spring St #505

Walking

10/10
No car? No problem. Everything you need is within a few blocks.

Driving

7/10
This area is close to freeways and has adequate parking options.

Cycling

6/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 416 S Spring St #505, Los Angeles

Groceries

10/10
At least one supermarket within a 5-minute walk

Shopping

10/10
Exceptional variety of shops within a few minutes’ walk

Cafes

9/10
Exceptional variety of cafés within a few minutes’ walk

Restaurants

10/10
Exceptional variety of restaurants within a few minutes’ walk

Primary schools

8/10
At least one elementary school within a 15-minute walk

High schools

8/10
At least one high school within a 15-minute walk

Parks

7/10
Large amount of park space nearby

Nightlife

10/10
Exceptional variety of bars right within a few minutes’ walk

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