Incredible opportunity to own an extra large 1 Bed Loft in one of Downtown’s most coveted luxury condo buildings! The ROWAN at 5th and Spring in the heart of the historic core close to many of downtown’s most popular restaurants, bars, and shops, and is located directly next to the Spring Street Park. This unit is a corner unit with 15’ Ft high ceilings, and 2 Balconies – extremely rare in downtown! Featuring Scavolini Italian cabinetry, granite counter tops, Bosch appliances, hardwood floors and the beautifully restored original mahogany window frames. The building has a grand lobby and community lounge, both professionally designed by the award-winning interior designer Dodd Mitchell. There is also an outdoor community garden area with 2 Jacuzzis, BBQ grills, chaise lounges, a table and chairs, and dog-potty area. The Rowan is Mills Act Approved, giving the homeowners an estimated savings anywhere from 65-85% off the normal 1.25% annual property taxes!!
Incredible opportunity to own an extra large 1 Bed Loft in one of Downtown’s most coveted luxury condo buildings! The ROWAN at 5th and Spring in the heart of the historic core close to many of downtown’s most popular restaurants, bars, and shops, and is located directly next to the Spring Street Park. This unit is a corner unit with 15’ Ft high ceilings, and 2 Balconies – extremely rare in downtown! Featuring Scavolini Italian cabinetry, granite counter tops, Bosch appliances, hardwood floors and the beautifully restored original mahogany window frames. The building has a grand lobby and community lounge, both professionally designed by the award-winning interior designer Dodd Mitchell. There is also an outdoor community garden area with 2 Jacuzzis, BBQ grills, chaise lounges, a table and chairs, and dog-potty area. The Rowan is Mills Act Approved, giving the homeowners an estimated savings anywhere from 65-85% off the normal 1.25% annual property taxes!!
TheMLS #13-709489
Feb 18, 2014
Sold
$548,000
$559/sq ft
Jan 30, 2014
Pending
—
Oct 4, 2013
Listed
$549,900
$561/sq ft
Public Records
Aug 16, 2011
Sold
$5,894,000
$6,014/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,577 (+1.2%)
$33,200 + $132,800
$166,000
2024
$2,546 (+1.3%)
$33,200 + $132,800
$166,000
2023
$2,514 (+3.9%)
$33,200 + $132,800
$166,000
2022
$2,419 (−27.0%)
$33,200 + $132,800
$166,000
2021
$3,311 (−2.2%)
$33,200 + $132,800
$166,000
2020
$3,384 (+15.6%)
$50,000 + $200,000
$250,000
2019
$2,929 (−12.4%)
$50,400 + $201,600
$252,000
2018
$3,343 (+2.6%)
$50,400 + $201,600
$252,000
2017
$3,258 (+34.8%)
$48,600 + $194,400
$243,000
2016
$2,417 (+4.7%)
$48,600 + $194,400
$243,000
2015
$2,309 (+13.4%)
$35,000 + $140,000
$175,000
2014
$2,036 (+2.6%)
$28,000 + $112,000
$140,000
2012
$1,985 (+12.0%)
$28,000 + $112,000
$140,000
2011
$1,773 (−1.5%)
$26,200 + $104,800
$131,000
2010
$1,799 (+84.4%)
$23,200 + $92,800
$116,000
2009
$976 (−1.1%)
$23,200 + $92,800
$116,000
2008
$987
$35,685 + $19,143
$54,828
Tax history for 460 S Spring St #211
Year
Property tax
Land + Additions
Assessment*
2025
$2,577 (+1.2%)
$33,200 + $132,800
$166,000
2024
$2,546 (+1.3%)
$33,200 + $132,800
$166,000
2023
$2,514 (+3.9%)
$33,200 + $132,800
$166,000
2022
$2,419 (−27.0%)
$33,200 + $132,800
$166,000
2021
$3,311 (−2.2%)
$33,200 + $132,800
$166,000
2020
$3,384 (+15.6%)
$50,000 + $200,000
$250,000
2019
$2,929 (−12.4%)
$50,400 + $201,600
$252,000
2018
$3,343 (+2.6%)
$50,400 + $201,600
$252,000
2017
$3,258 (+34.8%)
$48,600 + $194,400
$243,000
2016
$2,417 (+4.7%)
$48,600 + $194,400
$243,000
2015
$2,309 (+13.4%)
$35,000 + $140,000
$175,000
2014
$2,036 (+2.6%)
$28,000 + $112,000
$140,000
2012
$1,985 (+12.0%)
$28,000 + $112,000
$140,000
2011
$1,773 (−1.5%)
$26,200 + $104,800
$131,000
2010
$1,799 (+84.4%)
$23,200 + $92,800
$116,000
2009
$976 (−1.1%)
$23,200 + $92,800
$116,000
2008
$987
$35,685 + $19,143
$54,828
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Property details
Interior
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Central
Exterior
Property Information
Subdivision Name: 63018
Living Sq. Ft: 980
# of Units: 1
Legal Description: TR=63018 LOT 1 CONDO UNIT 211 (AIRSPACE AND 1/206 INT IN COMMON AREA)
Lot Information
# of Buildings: 1
Land Sq. Ft: 30,796
Legal Lot Number: 1
Municipality Name: LOS ANGELES
Acres: 0.707
Zoning Code: LAC4
County Use Description: SINGLE FAMILY RESID
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: 1
Baths: 1.0
Sq. Ft.: 980
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: 1912
Year Renovated: 1985
County: Los Angeles County
APN: 5149023036
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,...