548 South Spring Street

548 South Spring Street in Los Angeles, CA was first built in 1914 and is 110 years old. Although, the building on the property was most recently renovated and altered in 1950. This has been categorized as a residential property type. There are a total of 12 floors. 548 South Spring Street has 188,394 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,200 ft and the linear feet between the front and back of the lot is 1,560. In total, the area measurement of the land is 18,854 square feet.

Learn more about the property and building on this page. The home has a flat style roof made of roll composition. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with steel control joints. The exterior walls of the home are made of rock and stone. Walk into the home itself and you'll find that it is currently being cooled with a partial air conditioning. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $200,659 in taxes each year. 548 South Spring Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $13,302,504. If we break it down further, the land itself was valued at $1,948,934. Improvements to the property, however, were assessed at a total of $11,353,570. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.