Ultra Chic 10th floor corner unit in the iconic Rowan Building. Highly designed with jaw-dropping views of Downtown, Unit 1002 greets you with 10 foot high ceilings and vast windows that will bathe you in natural light. Hardwood floors throughout, exposed brick walls, kitchen with stainless steel Bosch Appliances and in-unit washer & dryer are just a few of the perks of this remarkable condo. Located in the Historic Old Bank District of DTLA, The Rowan is the perfect blend of old world charm and modern amenities. Built in 1912 and exquisitely remodeled in 2008, this Beaux Arts Architectural masterpiece allows its residents access to great local bars, restaurants, museums, and shopping right out front from their 24-hr guarded and secured entrance. The building offers an intimate indoor lounge, outdoor BBQ area with a hot and cold spa and a dog run. Qualifying for the Mills Act, owners enjoy substantial savings on their property taxes too. Don't miss out on this gem!!!
CondoProperty Type
1912Year Built
0.71 acresLot Size
$559Est. Price/Sq.Ft.
1 spaceParking
Listed by Daniel Lowe•DRE #01893579
•310-420-6531 (agent)
•daniellowe@compass.com (agent)
Bought with Andreas Ludwig•DRE #02032222• The Agency
Ultra Chic 10th floor corner unit in the iconic Rowan Building. Highly designed with jaw-dropping views of Downtown, Unit 1002 greets you with 10 foot high ceilings and vast windows that will bathe you in natural light. Hardwood floors throughout, exposed brick walls, kitchen with stainless steel Bosch Appliances and in-unit washer & dryer are just a few of the perks of this remarkable condo. Located in the Historic Old Bank District of DTLA, The Rowan is the perfect blend of old world charm and modern amenities. Built in 1912 and exquisitely remodeled in 2008, this Beaux Arts Architectural masterpiece allows its residents access to great local bars, restaurants, museums, and shopping right out front from their 24-hr guarded and secured entrance. The building offers an intimate indoor lounge, outdoor BBQ area with a hot and cold spa and a dog run. Qualifying for the Mills Act, owners enjoy substantial savings on their property taxes too. Don't miss out on this gem!!!
TheMLS #18-368648
Sep 11, 2018
Sold
$610,000
$847/sq ft
Aug 11, 2018
Pending
—
Aug 1, 2018
Listed
$549,000
$763/sq ft
CRMLS #P0-214026241
Aug 29, 2014
Sold
$486,500
$676/sq ft
Aug 25, 2014
Listing Removed
—
Jul 9, 2014
Listed
$499,000
$693/sq ft
Ultra chic loft with jaw dropping skyline views! Located in the desirable Rowan building, next to the Spring Street Park, this tenth floor corner residence will impress and stimulate your senses from the moment you enter the front door. The open and airy floor plan features high ceilings, exposed brick walls, restored oversized mahogany windows that drench the unit with natural light. The sleek modernized interior space offers wood floors, Scavolini Italian cabinetry, granite countertops, Bosch appliances and open entertaining areas plus a private bedroom retreat with city lights and park views. The secured building offers a 24 hour guard, common areas including hot & cold dipping pools, BBQ area & recreation room. The Rowan building is considered in the Mills Act giving owners a large property tax savings. Immerse yourself in the city life with all the local restaurants, parks, entertainment, urban culture, public transportation and so much more!
Year
Property tax
Land + Additions
Assessment*
2025
$1,950 (+1.2%)
$25,200 + $100,800
$126,000
2024
$1,927 (+1.2%)
$25,200 + $100,800
$126,000
2023
$1,905 (+3.9%)
$25,200 + $100,800
$126,000
2022
$1,834 (−26.8%)
$25,200 + $100,800
$126,000
2021
$2,506 (−6.3%)
$25,200 + $100,800
$126,000
2020
$2,675 (+2.4%)
$36,800 + $147,200
$184,000
2019
$2,612 (+3.5%)
$39,000 + $156,000
$195,000
2018
$2,525 (+2.8%)
$245,000 + $365,000
$610,000
2017
$2,456 (+18.3%)
$36,600 + $146,400
$183,000
2016
$2,076 (+12.8%)
$36,600 + $146,400
$183,000
2015
$1,840 (−2.5%)
$30,600 + $122,400
$153,000
2014
$1,887 (+40.9%)
$17,200 + $68,800
$86,000
2012
$1,339 (+1.2%)
$17,200 + $68,800
$86,000
2011
$1,323 (−1.6%)
$17,200 + $68,800
$86,000
2010
$1,344 (+84.6%)
$17,200 + $68,800
$86,000
2009
$728 (−4.2%)
$17,200 + $68,800
$86,000
2008
$760
$26,218 + $14,045
$40,263
Tax history for 460 S Spring St #1002
Year
Property tax
Land + Additions
Assessment*
2025
$1,950 (+1.2%)
$25,200 + $100,800
$126,000
2024
$1,927 (+1.2%)
$25,200 + $100,800
$126,000
2023
$1,905 (+3.9%)
$25,200 + $100,800
$126,000
2022
$1,834 (−26.8%)
$25,200 + $100,800
$126,000
2021
$2,506 (−6.3%)
$25,200 + $100,800
$126,000
2020
$2,675 (+2.4%)
$36,800 + $147,200
$184,000
2019
$2,612 (+3.5%)
$39,000 + $156,000
$195,000
2018
$2,525 (+2.8%)
$245,000 + $365,000
$610,000
2017
$2,456 (+18.3%)
$36,600 + $146,400
$183,000
2016
$2,076 (+12.8%)
$36,600 + $146,400
$183,000
2015
$1,840 (−2.5%)
$30,600 + $122,400
$153,000
2014
$1,887 (+40.9%)
$17,200 + $68,800
$86,000
2012
$1,339 (+1.2%)
$17,200 + $68,800
$86,000
2011
$1,323 (−1.6%)
$17,200 + $68,800
$86,000
2010
$1,344 (+84.6%)
$17,200 + $68,800
$86,000
2009
$728 (−4.2%)
$17,200 + $68,800
$86,000
2008
$760
$26,218 + $14,045
$40,263
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Amenities: Association Barbecue, Association Maintains Landscape, Association Pet Rules, Clubhouse, Controlled Access, Gated Community Guard, Security, Spa
Fee #1: $476
Fee #1 Frequency: Monthly
AssociationPetRules: Yes
Community Information
# of Units in Complex (Total): 206
Location Information
Unit Floor In Building: 10
Complex Name: The Rowan
Directions: Corner of 5th and Spring Street
Public facts
Beds: 1
Baths: 1.0
Sq. Ft.: 720
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: 1912
Year Renovated: 1985
County: Los Angeles County
APN: 5149023168
Home facts updated by county records on Oct 6, 2026
The LA market is rewarding realistic pricing and good strategy. Buyers have more choices and are taking their time, while sellers who price correctly are still getting results. The days of simply “testing the market” are behind us—in this market,...