Timeless elegance in one of the most lovingly converted and restored historic loft buildings in all of Los Angeles. There are plenty of "loft buildings" in downtown LA but the Rowan is unique among all in it's obsessive attention to detail, it's grateful nod to history yet unabashed acknowledgement of the demand for modern comfort and convenience. The Rowan building was designed at the turn of the last century by noted Los Angeles architect John Parkinson, whose works include our City Hall, The Coliseum, Union Station and Bullocks Wilshire to name a few. Parkinson's work veritably defines the word "iconic. " Starting life as an office building in 1912, The Rowan was reborn as residential lofts in 2008. No expense was spared, down to the restoration of the copper and brass finish on the stairway, the careful rebuilding and re-use of the beautiful and massive original mahogany framed windows or the lavish use of sound proofing materials in the floors, ceilings and walls to the tune of $7,500 worth of materials alone being used in each unit for sound attenuation! 318 benefits above and beyond that from its corner location, having, aside from the unit above, only a single common wall on the south side. City living does NOT preclude peace and quiet in your own sanctuary! Italian kitchen cabinetry, quartz counters, stainless steel appliances including Bosch stove and Hansgrohe faucet sleekly line the east wall of the open living area and play off the exposed brick and massive double hung windows along the wall opposite. A newly installed barn door style slider stylishly and discreetly hides a stacked washer and dryer in the laundry area located between the bedroom and the bath, which includes a luxuriously deep soaking tub and large stone counter topped vanity. Building amenities include 24/7 manned security at the entrance, a community room with wi-fi, kitchen, eating & working area, and a cushy lounge area with flat screen tv. The wonderful out door area includes 2 barbeques, separate hot and cold plunge pools, numerous separate sitting areas with fire tables, a dog run and even a super cozy, bamboo forest-ed(!) dining area! And on top of it all, the historic nature of the building and the care with which it was renovated qualify owners for Mills Act property tax relief, lowering the yearly tax payments by as much as 70% of what they might otherwise be. An absolute gem of urban sophistication and style in one of the most vibrant parts of our city available now. You do not want to miss this one!
CondoProperty Type
1912Year Built
0.71 acresLot Size
$542Est. Price/Sq.Ft.
1 spaceParking
Listed by Horace Davenport•DRE #01083856• Keller Williams Larchmont
•323-842-1539 (agent)
•champ@thereoco.com (agent)
Listed by Steven Senigram•DRE #01133383• Keller Williams Larchmont
•323-828-3800 (agent)
•ssenigram@gmail.com (agent)
Bought with Fan Zhang•DRE #02027642• RE/MAX Galaxy
Located at the corner of Spring Street and 5th Street, the Rowan Building is an authentic historic building, modernized with contemporary finishes and fixtures. This unit, #318, offers 841 sq. feet of living space, new hardwood floors, original exposed brick walls, and two large 10'x10' Mahogany Framed windows overlooking beautiful Spring Street. Additionally, the Spring Street Park, a new open space located between the Rowan Building and El Dorado Building, will open this summer. Residence Features: 10 Feet Ceilings, Original Exposed Brick Walls, New Hardwood Flooring, A fine Italian kitchen including Scavolini Cabinets With Granite Countertops, Bosch Stainless Steel Appliances, Glass Paneled Interior Bathroom Door, Scavolini Bathroom cabinets With Granite Countertops, Toto Bathroom Fixtures, Washer and Dryer Ready, Mills Act Qualified Residence - take advantage of significantly reduced property taxes, 24-hour Patrol and Concierge, Private Garden and Spa
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 (−23.9%)
$24,200 + $96,800
$121,000
2021
$2,317 (−2.4%)
$24,200 + $96,800
$121,000
2020
$2,374 (−2.1%)
$35,200 + $140,800
$176,000
2019
$2,424 (+3.3%)
$35,600 + $142,400
$178,000
2018
$2,346 (+3.5%)
$35,600 + $142,400
$178,000
2017
$2,268 (+99.4%)
$35,000 + $140,000
$175,000
2016
$1,137 (+0.8%)
$35,000 + $140,000
$175,000
2015
$1,128 (−2.7%)
$16,400 + $65,600
$82,000
2014
$1,159 (−2.7%)
$16,400 + $65,600
$82,000
2012
$1,191 (+1.2%)
$16,400 + $65,600
$82,000
2011
$1,177 (−8.4%)
$16,400 + $65,600
$82,000
2010
$1,284 (+83.5%)
$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 #318
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 (−23.9%)
$24,200 + $96,800
$121,000
2021
$2,317 (−2.4%)
$24,200 + $96,800
$121,000
2020
$2,374 (−2.1%)
$35,200 + $140,800
$176,000
2019
$2,424 (+3.3%)
$35,600 + $142,400
$178,000
2018
$2,346 (+3.5%)
$35,600 + $142,400
$178,000
2017
$2,268 (+99.4%)
$35,000 + $140,000
$175,000
2016
$1,137 (+0.8%)
$35,000 + $140,000
$175,000
2015
$1,128 (−2.7%)
$16,400 + $65,600
$82,000
2014
$1,159 (−2.7%)
$16,400 + $65,600
$82,000
2012
$1,191 (+1.2%)
$16,400 + $65,600
$82,000
2011
$1,177 (−8.4%)
$16,400 + $65,600
$82,000
2010
$1,284 (+83.5%)
$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
5149023061
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 6, 2026.
Property details
Parking
Garage
Other
Parking
# of Parking Spaces (Total): 1
# of Covered Parking Spaces: 1
Interior
Virtual Tour
Bathroom Information
# of Baths (Full): 1
Laundry Information
Laundry in Unit, Stacked Laundry in Closet
Additional Rooms
Dining Area
Living Room
Flooring Information
Hardwood Floors, Tile Floors
Equipment
Dishwasher, Dryer, Elevator, Garbage Disposal, Gas Or Electric Dryer Hookup, Microwave, Stackable W/D Hookup, Refrigerator, Range/Oven, Washer, Vented Exhaust Fan
Heating & Cooling
Central Cooling
Central Heat
Exterior
Building Information
Condominium, Loft, Attached
Attached
Entry Floor Number: 2
Security Features: 24 Hour, Fire and Smoke Detection System, Fire Sprinklers, Smoke Detector, Resident Manager
Pool Information
Other Pool (See Remarks)
Association Spa, Heated with Electricity, In Ground Spa, Private Spa
Property Information
Property Type: Residential Condo/Co-Op
Lot Information
Lot Size (Sq. Ft.): 30,787
Lot Size (Acres): 0.7068
Zoning: LAC4
Special Zoning: None
Property Features
Has View
View: City, City Lights
Financial
Assessment Information
Assessor Parcel Number: 5149-023-061
Utilities
Utility Information
Sewer: In Street Paid
Location
HOA Information
Amenities: Association Barbecue, Association Maintains Landscape, Concierge, Conference, Fire Pit, Extra Storage, Elevator, Controlled Access, Security, Picnic Area, Spa, Outdoor Cooking Area, Meeting Room, Hot Water
Fee #1: $615
Fee #1 Frequency: Monthly
AssociationPetRules: Yes
Community Information
# of Units in Complex (Total): 205
Location Information
Unit Floor In Building: 2
Complex Name: Seabreeze Management Company
Directions: Spring St, between 4th and 5th
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: 5149023061
Home facts updated by county records on Oct 6, 2026
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