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Sold for $410,000 on 08/22/25
  • Listing Provided by: 

    Rachael Stevens DRE #02045993 877-973-3346,

    Redfin Corporation

    Bought with: Keller Williams Realty Calabasas
    $410,000

    460 S Spring St APT 302, Los Angeles, CA 90013

    1beds
    720sqft
    Condominium
    Built in 1912
    -- sqft lot
    $404,500 Zestimate®
    $569/sqft
    $2,163 Estimated rent

    Home value

    $404,500

    $368,000 - $445,000

    $2,163/mo

    Zestimate® history
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    What's special

    REDUCED TO SELL. GREAT FOR USC OR DTLA PROFESSIONALS. SELLER IS OFFERING A RATE BUY DOWN OR CLOSING COSTS CONTRIBUTION. Welcome to the brightest and airiest corner unit in the historic Rowan Building—ideally situated just three floors above the lush courtyard and steps from the adjacent parking garage. It’s low enough for quick stairway access to the garden and high enough to enjoy stunning city views. The Rowan is a beautifully restored architectural landmark in the heart of Downtown LA’s Historic Core. This rare corner unit—originally a model home—is bathed in natural light from oversized, mahogany-framed windows, offering breathtaking, unobstructed views of the city. We especially love Sunday mornings, with the festive Farmer's Market right outside your front door. This unit is thoughtfully designed by an architect, a one-bedroom retreat seamlessly blends old-world charm with modern convenience. Built in 1912 and meticulously restored, the Rowan showcases timeless character with soaring 10-foot ceilings, exposed brick walls, and elegant flooring. The spacious layout includes: Bosch in-unit washer and dryer, central HVAC, custom-designed shelving solutions. A true highlight of ownership is the building’s Mills Act designation, providing significant property tax savings—a rare advantage in DTLA. Premium amenities include: 24-hour security and concierge service, resident lounge, hot and cold plunge pools, outdoor dining with BBQ grills, lush garden, dedicated dog run. The well-maintained common areas reflect its historic charm, featuring original Carrara marble and brass detailing—refinements that distinguish the Rowan from other historic properties in the area. Secure parking is available in the adjacent Old Bank District Garage. Step outside and immerse yourself in the vibrant energy of Downtown LA. The Rowan fosters a strong sense of community, with regular social events and a dedicated staff offering exceptional service. The surrounding neighborhood offers a rich mix of culinary and cultural attractions—from Michelin-starred Orsa & Winston to the diverse flavors of Grand Central Market. Enjoy easy access to the Arts District, The Broad, Disney Concert Hall, and Chinatown’s emerging gallery scene. With proximity to Metro lines and the LAX FlyAway bus, car-free living is effortless. This is more than a home—it’s a lifestyle, where history, modern luxury, and community come together in one of DTLA’s most sought-after buildings.

    Zillow last checked: 8 hours ago

    Listing updated: August 22, 2025 at 11:54am

    Listing Provided by:

    Rachael Stevens DRE #02045993 877-973-3346,

    Redfin Corporation

    Bought with:

    Stuart Levitt, DRE #02007696

    Keller Williams Realty Calabasas

    Source: CRMLS,MLS#: BB25061515MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Bathroom
    • Features: Bathtub, Granite Counters, Low Flow Plumbing Fixtures, Soaking Tub, Tub Shower
    Kitchen
    • Features: Granite Counters, Pots & Pan Drawers, Self-closing Drawers
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Free-Standing Range, Gas Range, Microwave, Refrigerator, Self Cleaning Oven, Water To Refrigerator
    • Laundry: Inside, Laundry Closet, Stacked
    Features
    • Granite Counters, High Ceilings, Open Floorplan, Storage, Wired for Data, Loft
    • Flooring: Tile, Wood
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall,End Unit
    Interior area
    • Total interior livable area: 720 sqft

    Property

    Parking
    • Parking features: Guarded, Community Structure
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 3
    • Pool features: None
    • Has spa: Yes
    • Spa features: Association, Heated, In Ground
    • Fencing: None
    • Has view: Yes
    • View description: City Lights, Park/Greenbelt, Neighborhood
    Lot
    • Size: 0.71 Acres
    Details
    • Parcel number: 5149023045
    • Zoning: LAC4
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Roof: Common Roof
    Condition
    • New construction: No
    • Year built: 1912

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Curbs, Dog Park, Park, Storm Drain(s), Sidewalks, Urban
    Location
    • Region: Los Angeles

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $795 monthly
    • Amenities included: Call for Rules, Controlled Access, Electricity, Fire Pit, Gas, Maintenance Grounds, Hot Water, Insurance, Management, Outdoor Cooking Area, Barbecue, Picnic Area, Pet Restrictions, Recreation Room, Guard, Spa/Hot Tub, Security, Storage, Trash, Water
    • Services included: Pest Control, Sewer
    • Association name: Rowan Property Owners Association
    • Association phone: 949-672-9091

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Conventional

    Price history

    DateEventPrice
    8/22/2025Sold$410,000+2.8%$569/sqft
    Source: CRMLS #BB25061515
    8/2/2025Pending sale$399,000$554/sqft
    Source: CRMLS #BB25061515
    7/21/2025Contingent$399,000$554/sqft
    Source: CRMLS #BB25061515
    7/9/2025Price change$399,000-9.1%$554/sqft
    Source: CRMLS #BB25061515
    3/28/2025Listed for sale$439,000+37.2%$610/sqft
    Source: CRMLS #BB25061515

    Public tax history

    YearProperty taxesTax assessment
    2025$1,866 +1.3%$126,000
    2024$1,843 +1.2%$126,000
    2023$1,821 +3.9%$126,000

    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $404,500

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    Estimated market value

    $404,500