Polished sophistication resonates throughout this gorgeous one-bedroom loft at The Rowan, an Art Deco masterpiece in the Old Bank District of Downtown LA. High ceilings, oversized windows and wood flooring are among the striking design elements in this rare and unique unit that features two balconies, cityscape views and a dramatic interior skylight bringing showers of sunshine. In the upgraded kitchen find natural stone countertops, a stainless undermount sink, Scavolini cabinetry, Bosch appliances and in-unit washer+dryer. The versatile one-bedroom layout allows for life/work harmony with the added benefit of The Mills Act providing significant property tax savings. Amenities include 24 hour security, controlled access and well-maintained community areas offering gardens, a plunge pool, jacuzzi, lounge and outdoor dining with gas grills and fire pits. Coffee, dining and groceries are right around the corner at The Grand Central Market, Nickel Diner, Whole Foods and so much more.
CondoProperty Type
1912Year Built
0.71 acresLot Size
$423Est. Price/Sq.Ft.
1 garage spacesParking
Listed by Tracy B Do•DRE #01350025• Compass
•323-842-4001 (agent)
•tracy@tracydo.com (agent)
Listed by Brian Heffernan•DRE #01736446• Compass
•619-316-4412 (agent)
•brian@tracydo.com (agent)
Bought with Neil McDermott•DRE #01385176• Hilton & Hyland
HISTORIC ROWAN BUILDING. .. RARE CHANCE TO OWN A PROPERTY IN THIS FANTASTIC BUILDING. SUBJECT PROPERTY HAS 2 BALCONIES AND FEATURES ALL IMPORTED ITALIAN SCAVOLINI CABINETRY, BOSCH APPLIANCES, GRANITE COUNTER TOPS AND HARDWOOD FLOORS. MILLS ACT BUILDING WHICH CAN SAVE YOU AN ESTIMATED 70% OFF ANNUAL PROPERTY TAXES.
Year
Property tax
Land + Additions
Assessment*
2025
$3,346 (+1.2%)
$43,200 + $172,800
$216,000
2024
$3,306 (+1.3%)
$43,200 + $172,800
$216,000
2023
$3,263 (+3.9%)
$43,200 + $172,800
$216,000
2022
$3,139 (−27.0%)
$43,200 + $172,800
$216,000
2021
$4,298 (+37.5%)
$43,200 + $172,800
$216,000
2020
$3,126 (−15.1%)
$63,200 + $252,800
$316,000
2019
$3,683 (+19.8%)
$42,600 + $170,400
$213,000
2018
$3,076 (−28.3%)
$42,600 + $170,400
$213,000
2017
$4,288 (+42.6%)
$64,200 + $256,800
$321,000
2016
$3,008 (+0.5%)
$64,200 + $256,800
$321,000
2015
$2,992 (−2.6%)
$43,400 + $173,600
$217,000
2014
$3,073 (+36.6%)
$43,400 + $173,600
$217,000
2012
$2,250 (+1.3%)
$31,008 + $124,032
$155,040
2011
$2,222 (−1.4%)
$30,400 + $121,600
$152,000
2010
$2,253 (+78.7%)
$30,400 + $121,600
$152,000
2009
$1,260 (+1.0%)
$30,400 + $121,600
$152,000
2008
$1,248
$46,609 + $24,969
$71,578
Tax history for 460 S Spring St #212
Year
Property tax
Land + Additions
Assessment*
2025
$3,346 (+1.2%)
$43,200 + $172,800
$216,000
2024
$3,306 (+1.3%)
$43,200 + $172,800
$216,000
2023
$3,263 (+3.9%)
$43,200 + $172,800
$216,000
2022
$3,139 (−27.0%)
$43,200 + $172,800
$216,000
2021
$4,298 (+37.5%)
$43,200 + $172,800
$216,000
2020
$3,126 (−15.1%)
$63,200 + $252,800
$316,000
2019
$3,683 (+19.8%)
$42,600 + $170,400
$213,000
2018
$3,076 (−28.3%)
$42,600 + $170,400
$213,000
2017
$4,288 (+42.6%)
$64,200 + $256,800
$321,000
2016
$3,008 (+0.5%)
$64,200 + $256,800
$321,000
2015
$2,992 (−2.6%)
$43,400 + $173,600
$217,000
2014
$3,073 (+36.6%)
$43,400 + $173,600
$217,000
2012
$2,250 (+1.3%)
$31,008 + $124,032
$155,040
2011
$2,222 (−1.4%)
$30,400 + $121,600
$152,000
2010
$2,253 (+78.7%)
$30,400 + $121,600
$152,000
2009
$1,260 (+1.0%)
$30,400 + $121,600
$152,000
2008
$1,248
$46,609 + $24,969
$71,578
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
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