818 North Spring Street

818 North Spring Street in Los Angeles, CA was first built in 1890 and is 134 years old. Although, the building on the property was most recently renovated and altered in 1930. This has been categorized as a commercial property type. There are a total of 3 floors. 818 North Spring Street has 23,808 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. In total, the area measurement of the land is 8,188 square feet.

Learn more about the property and building on this page. The building type has been coded as 3. The code stands for buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. 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 masonry control joints. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a space/suspended heating system. The property was last sold in Jun 28, 2010 for $1,810,000. That's $76.02 per sqft. 818 North Spring Street was last assessed in 2023. The total value of the property was assessed at $2,228,876. Specifically, the land the property is located on was valued at $1,231,425. While improvements on the property were assessed at a total of $997,451. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $39,964. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.