INCREDIBLE PRICE!! NYC style loft living!! This south-east facing studio with unobstructed views is on the 5th floor of the iconic Beaux-Arts architectural Rowan Building adjacent to Spring Street Park. Take advantage of the huge discount on property taxes via Mills Act which makes this a great buy for first time home buyer, working professional, or investors. The unit features high ceilings, exposed brick walls & large double hung mahogany windows that allow in plenty of natural light. The kitchen comes with modern appliances and the entire unit has beautiful new thick plank wood floors. The bathroom has European tile and also enjoy the convenience of also having your own washer/dryer in unit. The HOA amenities include resident's lounge with kitchenette, big screen TV, barbecue area with tables & seating, hot & cold spas, dog run, and 24 hour security. Walking distance to park, restaurants, galleries, and all that Downtown has to offer. Parking and storage space available for rent!
CondoProperty Type
1912Year Built
0.71 acresLot Size
$687Est. Price/Sq.Ft.
1 spaceParking
Listed by Luke Jones•DRE #01882516• Keller Williams Silicon Beach
•310-776-5743 (agent)
•luke@lukejonesre.com (agent)
Listed by Brooks Humphrey•DRE #02035762• Keller Williams Silicon Beach
•650-454-6238 (agent)
•BCHumphrey1025@gmail.com (agent)
Bought with •DRE #01911599L.A. Property Solutions, Inc.
East facing unit is studio with open concept, closet and laundry room inside bathroom.
7 years ago• May not reflect the current state of the home
Kyo Lee
Redfin Associate agent
Sale history for 460 S Spring St #508
Date
Event
Price
Greater Lansing AoR #19453202
Jul 24, 2019
Sold
$399,000
$849/sq ft
Apr 10, 2019
Listed
$399,000
$849/sq ft
INCREDIBLE PRICE!! NYC style loft living!! This south-east facing studio with unobstructed views is on the 5th floor of the iconic Beaux-Arts architectural Rowan Building adjacent to Spring Street Park. Take advantage of the huge discount on property taxes via Mills Act which makes this a great buy for first time home buyer, working professional, or investors. The unit features high ceilings, exposed brick walls & large double hung mahogany windows that allow in plenty of natural light. The kitchen comes with modern appliances and the entire unit has beautiful new thick plank wood floors. The bathroom has European tile and also enjoy the convenience of also having your own washer/dryer in unit. The HOA amenities include resident's lounge with kitchenette, big screen TV, barbecue area with tables & seating, hot & cold spas, dog run, and 24 hour security. Walking distance to park, restaurants, galleries, and all that Downtown has to offer. Parking and storage space available for rent!
SDMLS #301111941
Jul 10, 2019
Listing Removed
—
Apr 10, 2019
Listed
$399,000
$849/sq ft
TheMLS #19-453202
Jul 24, 2019
Sold
$399,000
$849/sq ft
Jul 13, 2019
Pending
—
Jul 1, 2019
Contingent
—
May 24, 2019
Price Changed
$399,000
$849/sq ft
Apr 10, 2019
Listed
$435,000
$926/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,281 (+1.2%)
$16,400 + $65,600
$82,000
2024
$1,265 (+1.0%)
$16,400 + $65,600
$82,000
2023
$1,253 (+3.8%)
$16,400 + $65,600
$82,000
2022
$1,207 (−26.7%)
$16,400 + $65,600
$82,000
2021
$1,646 (−6.8%)
$16,400 + $65,600
$82,000
2020
$1,766 (+2.4%)
$24,000 + $96,000
$120,000
2019
$1,725 (+3.7%)
$25,600 + $102,400
$128,000
2018
$1,663 (+3.3%)
$24,200 + $96,800
$121,000
2017
$1,610 (+90.8%)
$23,800 + $95,200
$119,000
2016
$844 (+0.7%)
$23,800 + $95,200
$119,000
2015
$838 (−44.5%)
$11,200 + $44,800
$56,000
2014
$1,510 (+70.4%)
$11,200 + $44,800
$56,000
2012
$886 (+1.2%)
$11,200 + $44,800
$56,000
2011
$875 (−1.7%)
$11,200 + $44,800
$56,000
2010
$891 (+81.5%)
$11,200 + $44,800
$56,000
2009
$491 (−9.4%)
$11,200 + $44,800
$56,000
2008
$542
$17,166 + $9,155
$26,321
Tax history for 460 S Spring St #508
Year
Property tax
Land + Additions
Assessment*
2025
$1,281 (+1.2%)
$16,400 + $65,600
$82,000
2024
$1,265 (+1.0%)
$16,400 + $65,600
$82,000
2023
$1,253 (+3.8%)
$16,400 + $65,600
$82,000
2022
$1,207 (−26.7%)
$16,400 + $65,600
$82,000
2021
$1,646 (−6.8%)
$16,400 + $65,600
$82,000
2020
$1,766 (+2.4%)
$24,000 + $96,000
$120,000
2019
$1,725 (+3.7%)
$25,600 + $102,400
$128,000
2018
$1,663 (+3.3%)
$24,200 + $96,800
$121,000
2017
$1,610 (+90.8%)
$23,800 + $95,200
$119,000
2016
$844 (+0.7%)
$23,800 + $95,200
$119,000
2015
$838 (−44.5%)
$11,200 + $44,800
$56,000
2014
$1,510 (+70.4%)
$11,200 + $44,800
$56,000
2012
$886 (+1.2%)
$11,200 + $44,800
$56,000
2011
$875 (−1.7%)
$11,200 + $44,800
$56,000
2010
$891 (+81.5%)
$11,200 + $44,800
$56,000
2009
$491 (−9.4%)
$11,200 + $44,800
$56,000
2008
$542
$17,166 + $9,155
$26,321
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Security Features: 24 Hour, Community, Fire and Smoke Detection System, Smoke Detector
Property Information
Property Type: Residential Condo/Co-Op
Lot Information
Lot Size (Sq. Ft.): 30,787
Zoning: LAC4
Special Zoning: None
Property Features
Has View
View: City, City Lights
Financial
Assessment Information
Assessor Parcel Number: 5149-023-087
Location
HOA Information
Amenities: Association Barbecue, Association Maintains Landscape, Association Pet Rules, Concierge, Conference, Controlled Access, Elevator, Fire Pit, Onsite Property Management, Spa
Fee #1: $504
Fee #1 Frequency: Monthly
Fees Include Building and Grounds, Fees Include Concierge, Fees Include Earthquake Insurance, Fees Include Sewer, Fees IncludeTrash, Fees Include Water
AssociationPetRules: Yes
Community Information
# of Units in Complex (Total): 206
Club Room, Concierge, Controlled Access, Dog Run, Door Person, Entrance Lobby, Lounge, Private Storage Lockers for Res, Service Elevator, Trash Chute
Location Information
Unit Floor In Building: 5
Complex Name: Rowan Property Owners Association
Directions: Spring Street, between 4th and 5th. Use Waze or Google Maps
Public facts
Beds: —
Baths: 1.0
Sq. Ft.: 470
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: 1912
Year Renovated: 1985
County: Los Angeles County
APN: 5149023087
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,...