This amazing space offers time to enjoy the ever impressive California indoor/outdoor sun-filled living with an AMAZING west facing unobstructed city view in the heart of the Historic Core of DTLA. Originally built in 1912, The Rowan Lofts is a fine example of the Beaux-Arts architectural style and has been named a historical landmark of L. A. (wit a substantial Mills Act Property tax savings). A unique unit with a spacious, private balcony the length of the entire unit for outdoor dining, entertaining AND relaxing. Perfectly located within walking distance to amazing restaurants, galleries, shops, nightlife, the Red Line Metro, and L. A. 's cultural center. Boasting exposed brick, rich wood flooring, this oversized one bed / one bath loft also includes custom soaking tub, W/ D in unit, 10 foot ceilings, designer cabinetry and countertops with all Bosch appliances; On site -24 hour security, Outdoor spas hot & cold, BBQ grills and dog run / Offering 1 year FREE parking / Pet Friendly
CondoProperty Type
1912Year Built
0.71 acresLot Size
$548Est. Price/Sq.Ft.
1 car garageParking
Listed by Tiffany Gatto•DRE #01822601• Smart LA Realty
•213-447-4130 (agent)
•tiffany@smartlarealty.com (agent)
Bought with Russell C. Roney•DRE #01789873• Keller Williams Larchmont
Historic charms with modern updates in this well maintained DTLA building. This unit has unique balcony that is approximately 300 SF - can be great for entertaining or relaxing. There is Jacuzzi in common area - for inviting friends for party.
8 years ago• May not reflect the current state of the home
Kyo Lee
Redfin Associate agent
Sale history for 460 S Spring St #203
Date
Event
Price
Greater Lansing AoR #18353110
Nov 15, 2018
Sold
$715,000
$883/sq ft
Jun 7, 2018
Listed
$729,000
$900/sq ft
This amazing space offers time to enjoy the ever impressive California indoor/outdoor sun-filled living with an AMAZING west facing unobstructed city view in the heart of the Historic Core of DTLA. Originally built in 1912, The Rowan Lofts is a fine example of the Beaux-Arts architectural style and has been named a historical landmark of L.A. (wit a substantial Mills Act Property tax savings). A unique unit with a spacious, private balcony the length of the entire unit for outdoor dining, entertaining AND relaxing. Perfectly located within walking distance to amazing restaurants, galleries, shops, nightlife, the Red Line Metro, and L.A.'s cultural center. Boasting exposed brick, rich wood flooring, this oversized one bed / one bath loft also includes custom soaking tub, W/D in unit, 10 foot ceilings, designer cabinetry and countertops with all Bosch appliances; On site -24 hour security, Outdoor spas hot & cold, BBQ grills and dog run / Offering 1 year FREE parking / Pet Friendly
TheMLS #18-353110
Nov 15, 2018
Sold
$715,000
$883/sq ft
Oct 25, 2018
Pending
—
Aug 6, 2018
Price Changed
$729,000
$900/sq ft
Jun 7, 2018
Listed
$749,000
$925/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,837 (+1.3%)
$24,800 + $99,200
$124,000
2024
$1,814 (+1.2%)
$24,800 + $99,200
$124,000
2023
$1,792 (+3.9%)
$24,800 + $99,200
$124,000
2022
$1,724 (−27.7%)
$24,800 + $99,200
$124,000
2021
$2,384 (−2.4%)
$24,800 + $99,200
$124,000
2020
$2,443 (−1.0%)
$36,200 + $144,800
$181,000
2019
$2,467 (−1.2%)
$36,600 + $146,400
$183,000
2018
$2,497 (+3.3%)
$36,600 + $146,400
$183,000
2017
$2,417 (+93.2%)
$36,000 + $144,000
$180,000
2016
$1,251 (+0.8%)
$36,000 + $144,000
$180,000
2015
$1,241 (−33.3%)
$16,800 + $67,200
$84,000
2014
$1,860 (+41.9%)
$16,800 + $67,200
$84,000
2012
$1,311 (+1.2%)
$16,800 + $67,200
$84,000
2011
$1,295 (−1.6%)
$16,800 + $67,200
$84,000
2010
$1,316 (+83.3%)
$16,800 + $67,200
$84,000
2009
$718 (−4.3%)
$16,800 + $67,200
$84,000
2008
$750
$25,801 + $13,837
$39,638
Tax history for 460 S Spring St #203
Year
Property tax
Land + Additions
Assessment*
2025
$1,837 (+1.3%)
$24,800 + $99,200
$124,000
2024
$1,814 (+1.2%)
$24,800 + $99,200
$124,000
2023
$1,792 (+3.9%)
$24,800 + $99,200
$124,000
2022
$1,724 (−27.7%)
$24,800 + $99,200
$124,000
2021
$2,384 (−2.4%)
$24,800 + $99,200
$124,000
2020
$2,443 (−1.0%)
$36,200 + $144,800
$181,000
2019
$2,467 (−1.2%)
$36,600 + $146,400
$183,000
2018
$2,497 (+3.3%)
$36,600 + $146,400
$183,000
2017
$2,417 (+93.2%)
$36,000 + $144,000
$180,000
2016
$1,251 (+0.8%)
$36,000 + $144,000
$180,000
2015
$1,241 (−33.3%)
$16,800 + $67,200
$84,000
2014
$1,860 (+41.9%)
$16,800 + $67,200
$84,000
2012
$1,311 (+1.2%)
$16,800 + $67,200
$84,000
2011
$1,295 (−1.6%)
$16,800 + $67,200
$84,000
2010
$1,316 (+83.3%)
$16,800 + $67,200
$84,000
2009
$718 (−4.3%)
$16,800 + $67,200
$84,000
2008
$750
$25,801 + $13,837
$39,638
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
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,...