3D Tour: bit.ly/Rowan-1016 Phenomenal corner home with incredible views of the Downtown LA skyline and Spring St Park. Located in the prestigious Rowan Lofts, this historical Mills Act approved home features a wall full of double hung mahogany windows, luxurious hardwood floors laid throughout, and original brickwork from well over a century ago. The kitchen showcases alluring granite countertops and backsplash, custom-made Scavolini cabinets, and Bosch stainless-steel appliances including a 4-burner gas range. From the bedroom, experience true city living with backdrop views of towering high-rises and peekaboo views of the San Gabriel Mountains. Off to the side, enjoy a spacious bathroom beautifully lined with large format tiles along the shower walls and floors, sizable bathroom vanity, and a huge mahogany window drawing in an abundance of natural light. Designated as a Mills Act approved building, homeowners are granted huge property tax savings, majority are seeing upwards of 70% off compared to traditional tax amounts. Keeping true to the original beaux-arts decor, Rowan is clad in original brick and terra cotta facade, while vast hallways are adorned with Carrera marble with original copper and brass staircase banisters. As a resident of the Rowan, delight in the numerous amenities including a beautiful outdoor garden, BBQ grilling stations, hot & cold plunge pools, resident's lounge, on-site storage cages, and 24-hr security & concierge. Conveniently located near several popular destinations including The Last Bookstore, Grand Central Market, Perch, and Pershing Square to name a few.
CondoProperty Type
1912Year Built
$642Est. Price/Sq.Ft.
1 spaceParking
Listed by Jonathan Yuen•DRE #01952091• Iota Realty
•323-818-9599 (agent)
•Jonathan@iota-re.com (agent)
Bought with David Wilson•DRE #02178551• The Collective Realty
Condo in a multilevel building. All the windows have Downtown street views. Bedroom is separated by a wall with a closet in it. Good size bathroom with a big window. Lounge area on the second floor is great for private events. Jacuzzi and bbq area...
outside on the first floor.
10 years ago• May not reflect the current state of the home
Olia Oparina
Redfin Associate agent
Sale history for 460 S Spring St #1016
Date
Event
Price
Public Records
Nov 21, 2023
Sold
$2,025,000
$2,759/sq ft
TheMLS #23-304327
Nov 21, 2023
Sold
$494,785
$674/sq ft
Sep 23, 2023
Contingent
—
Aug 24, 2023
Listed
$500,000
$681/sq ft
CRMLS #SB17021272
Mar 6, 2017
Sold
$585,000
$797/sq ft
Feb 15, 2017
Contingent
—
Feb 1, 2017
Listed
$585,000
$797/sq ft
Who says no one walks in LA? Live the best of DTLA life in this sleek corner loft, overlooking Spring Street and the Spring Street Park in the iconic Rowan building. Located in the Old Bank District in the booming Historic Core of Downtown LA, the Rowan was originally built in 1912 and exquisitely remodeled in 2008. Today’s residents enjoy a beautiful mix of historic building features and high-end modern conveniences. Historic features include exposed brick walls, original large windows with beautiful mahogany frames, historic marble flooring in the lobby, restored exterior façade, and best of all; a Mills Act preservation tax break. The Rowan is a full amenity building, including a 24 hour doorman, resident’s lounge, hot and cold plunge pools, outdoor BBQ area, dog run, secure parking, on-site dry cleaning and bike storage. All common areas are even WIFI-enabled. This cool loft has a wonderful open layout, 10-foot ceilings, multiple exposed brick walls and a large kitchen/dining area with top of the line Bosch appliances. The large windows let in luscious amounts of light and amazing views down Spring Street all the way to the snow capped mountains. There’s a nicely separated corner space for the bedroom area and a roomy bathroom plus laundry in the unit. This 10th floor condo offers some of the best views in the building!
CRMLS #SB15081104
May 28, 2015
Sold
$515,000
$702/sq ft
May 13, 2015
Pending
—
Apr 27, 2015
Contingent
—
Apr 17, 2015
Listed
$515,000
$702/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,873 (+1.2%)
$24,200 + $96,800
$121,000
2024
$1,851 (+1.2%)
$24,200 + $96,800
$121,000
2023
$1,830 (+3.9%)
$24,200 + $96,800
$121,000
2022
$1,762 (−26.6%)
$24,200 + $96,800
$121,000
2021
$2,399 (−2.4%)
$24,200 + $96,800
$121,000
2020
$2,458 (−1.9%)
$35,200 + $140,800
$176,000
2019
$2,506 (+3.2%)
$35,600 + $142,400
$178,000
2018
$2,430 (+3.3%)
$35,600 + $142,400
$178,000
2017
$2,351 (+92.5%)
$35,000 + $140,000
$175,000
2016
$1,221 (+8.2%)
$35,000 + $140,000
$175,000
2015
$1,128 (−34.4%)
$16,400 + $65,600
$82,000
2014
$1,720 (+44.4%)
$16,400 + $65,600
$82,000
2012
$1,191 (+1.2%)
$16,400 + $65,600
$82,000
2011
$1,177 (−1.6%)
$16,400 + $65,600
$82,000
2010
$1,195 (+70.8%)
$16,400 + $65,600
$82,000
2009
$700 (−4.6%)
$16,400 + $65,600
$82,000
2008
$734
$25,073 + $13,525
$38,598
Tax history for 460 S Spring St #1016
Year
Property tax
Land + Additions
Assessment*
2025
$1,873 (+1.2%)
$24,200 + $96,800
$121,000
2024
$1,851 (+1.2%)
$24,200 + $96,800
$121,000
2023
$1,830 (+3.9%)
$24,200 + $96,800
$121,000
2022
$1,762 (−26.6%)
$24,200 + $96,800
$121,000
2021
$2,399 (−2.4%)
$24,200 + $96,800
$121,000
2020
$2,458 (−1.9%)
$35,200 + $140,800
$176,000
2019
$2,506 (+3.2%)
$35,600 + $142,400
$178,000
2018
$2,430 (+3.3%)
$35,600 + $142,400
$178,000
2017
$2,351 (+92.5%)
$35,000 + $140,000
$175,000
2016
$1,221 (+8.2%)
$35,000 + $140,000
$175,000
2015
$1,128 (−34.4%)
$16,400 + $65,600
$82,000
2014
$1,720 (+44.4%)
$16,400 + $65,600
$82,000
2012
$1,191 (+1.2%)
$16,400 + $65,600
$82,000
2011
$1,177 (−1.6%)
$16,400 + $65,600
$82,000
2010
$1,195 (+70.8%)
$16,400 + $65,600
$82,000
2009
$700 (−4.6%)
$16,400 + $65,600
$82,000
2008
$734
$25,073 + $13,525
$38,598
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
1
Baths
1
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
1985
Sq. Ft.
690
Year built
1912
Style
Condo/Co-op
County
Los Angeles County
APN
5149023182
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 6, 2026.
Property details
Parking
Garage
Other
Interior
Virtual Tour
Bathroom Information
# of Baths (Full): 1
Laundry Information
Laundry in Closet, Laundry in Unit, Stacked Laundry in Closet, Other (See Remarks), Laundry Inside
Security Features: 24 Hour, Carbon Monoxide Detector(s), Automatic Gate, Card/Code Access, Community, Fire and Smoke Detection System, Fire Sprinklers, Other, Smoke Detector, T.V.
Pool Information
Association Pool, Community Pool
Association Spa, Community Spa
Property Information
Property Type: Residential Condo/Co-Op
Lot Information
Lot Size (Acres): 0.7068
Zoning: LAC4
Special Zoning: Other
Property Features
Has View
View: City, City Lights, Mountains
Financial
Assessment Information
Assessor Parcel Number: 5149-023-182
Location
HOA Information
Amenities: Association Barbecue, Association Maintains Landscape, Association Pet Rules, Card Room, Clubhouse, Concierge, Conference, Controlled Access, Elevator, Extra Storage, Fire Pit, Hot Water, Meeting Room, Onsite Property Management, Other, Outdoor Cooking Area, Pool, Rec Multipurpose Rm, Security, Spa, Sun Deck
Fee #1: $695
Fee #1 Frequency: Monthly
AssociationPetRules: Yes
Community Information
# of Units in Complex (Total): 206
Location Information
Unit Floor In Building: 10
Complex Name: Rowan POA
Directions: Corner of Spring St & 5th St. Entrance on Spring St. Recommend street parking along Spring St or Main St.
Public facts
Beds: 1
Baths: 1.0
Sq. Ft.: 690
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: 1912
Year Renovated: 1985
County: Los Angeles County
APN: 5149023182
Home facts updated by county records on Oct 6, 2026
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