460 S Spring Street 1015, Los Angeles, California 90013, Los Angeles, 90013 - 1 bed, 1 bath

460 S Spring Street 1015, Los Angeles, California 90013 home-pic-0
ACTIVE$568,000
460 S Spring Street 1015, Los Angeles, California 90013
1Bed
1Bath
946Sqft
30,796Lot
Year Built
1912
Close
-
List price
$568K
Original List price
$568K
Price/Sqft
$600
HOA
$834
Days on market
-
Sold On
-
MLS number
25613983
Home ConditionExcellent
Features
Excellent View: City Lights, Landmark, Panoramic
Spa
ViewCity Lights,Landmark,Panoramic

About this home

We found 4 Cons,5 Pros. Rank: price - $568.0K(50th), sqft - 946(50th), beds - 1(50th), baths - 1(50th).

Experience luxury and stunning city and open sky views in this breathtaking one bedroom, one bath loft style condominium at The Rowan. Natural sunlight bathes the home from double-height windows, set within a gorgeous exposed brick wall. This unique residence is located on the tenth (of 12) floor, overlooking the most picturesque views over Spring Street. It features one enclosed bedroom, one full bath (with in-unit laundry), spacious built-out closets, kitchen with Scavolini cabinetry and stone countertops, and an open concept dining area and living room, separated by a see-through stair bookcase. Clear glass pendants are inspired by industrial and French fixtures -- including the bathroom pendant with rose gold cloth cord, drop of ombre glass, and an unlacquered brass cap. High ceilings create an atmosphere of grandeur, complemented by mahogany-framed oversized and insulated windows. Highlights to the two to three-year renovation include major seismic retrofit upgrade and three new elevator systems. Amenities in this thoughtfully designed live-work building include a second-floor lounge and community space, outdoor garden with jacuzzi and cold plunge, entertainment barbecue and seating areas, and leafy garden. Today, The Rowan stands as one of most exclusive boutique condominium buildings located in the heart of Los Angeles. Residents enjoy 24-hour security, onsite management, and significant property tax savings from the Mills Act making this one of the best investments in downtown Los Angeles. Furnishings available for purchase.

Price History

Date
Event
Price
11/09/25
Listing
$568,000
05/10/19
Sold
$650,000
04/16/10
Sold
$370,000
Condition Rating
Excellent

Despite being built in 1912, the property has undergone a significant 'two to three-year renovation' as stated in the description, bringing it to current quality standards. The kitchen features high-end Scavolini cabinetry, stone countertops, and modern stainless steel appliances. The bathroom boasts a contemporary vanity, stone countertop, and modern fixtures, including a stylish pendant light. Throughout the unit, hardwood floors are in excellent condition, and the overall aesthetic is a blend of historic charm (exposed brick, high ceilings) with modern, high-quality finishes and systems. There is no visible deferred maintenance, and all components appear new or virtually new.
Pros & Cons

Pros

Historic Charm & Modern Renovation: The 1912 building has undergone a significant 2-3 year renovation, including seismic upgrades and new elevators, blending historic character with contemporary safety and luxury finishes like Scavolini cabinetry and high ceilings.
Exceptional Panoramic Views: Situated on the 10th floor, the unit offers stunning city, open sky, and landmark views over Spring Street, enhancing its appeal and value.
Comprehensive Building Amenities: Residents benefit from a wide array of amenities including a lounge, community space, outdoor garden with jacuzzi and cold plunge, entertainment barbecue, and 24-hour security.
Significant Property Tax Savings: The Mills Act designation provides substantial property tax savings, offering a unique and valuable financial advantage to owners.
Prime Downtown Los Angeles Location: Located in the heart of DTLA, The Rowan is an exclusive boutique condominium building offering convenient access to urban attractions and services.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 946, other record living area = 820. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 1, other record bedroom count = 2.
High Monthly Association Fee: The $834 monthly association fee is substantial and adds significantly to the overall cost of ownership for a one-bedroom unit.
Single Bedroom Configuration: As a one-bedroom unit, it caters to a specific demographic, potentially limiting its market appeal to a broader range of buyers seeking more space or bedrooms.
Lower Current List Price than Previous Sale: The current list price of $568,000 is notably lower than its 2019 sale price of $650,000, which could raise questions about market value or depreciation.

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