Welcome home! 1 Bed 1 Bath 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 corner unit features include 15' high ceilings, hardwood floors throughout, stainless steel appliances 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 qualifies for reduced property taxes under the Mills Act!!
Corner unit with only one common wall and lots of natural light. Modern updates with luxury finishes including textured wallpaper, marble subway tile backsplash, and Bosch has range. Unit has washer/dryer in unit, dishwasher, and a/c and heat. Large...
bathroom has deep soaking tub and shower combo. The historic building with Art Deco design has two hot tubs, grills, and onsite parking available.
7 years ago• May not reflect the current state of the home
Samantha Madison
Redfin Associate agent
Sale history for 460 S Spring St #602
Date
Event
Price
CLAW #25-489193
May 2, 2025
Rental Removed
$2,495
$3/sq ft
Apr 14, 2025
Listed for Rent
$2,495
$3/sq ft
Mar 27, 2025
Rental Removed
$2,595
$3/sq ft
Mar 27, 2025
Listed for Rent
$2,595
$3/sq ft
Mar 7, 2025
Rental Removed
$2,595
$3/sq ft
Jan 25, 2025
Listed for Rent
$2,595
$3/sq ft
CLAW #23-323421
Oct 30, 2023
Rental Removed
$2,600
$3/sq ft
Oct 20, 2023
Listed for Rent
$2,600
$3/sq ft
CRMLS #BB20009970
Mar 10, 2020
Sold
$585,000
$750/sq ft
Feb 9, 2020
Contingent
—
Jan 15, 2020
Listed
$599,000
$768/sq ft
Welcome home! 1 Bed 1 Bath 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 corner unit features include 15' high ceilings, hardwood floors throughout, stainless steel appliances 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 qualifies for reduced property taxes under the Mills Act!!
TheMLS #17-220374
May 30, 2017
Sold
$575,000
$737/sq ft
Apr 29, 2017
Pending
—
Apr 27, 2017
Price Changed
$575,000
$737/sq ft
Apr 12, 2017
Listed
$595,000
$763/sq ft
+15
The Rowan, located in the Old Bank District, is one of Downtown LA's most sought after buildings. Modern amenities meet historic design and charm in this one of a kind Beaux-Arts architectural gem. The Rowan qualifies for reduced property taxes under the Mills Act. This corner loft features exposed brick walls, original windows with large mahogany frames, hardwood floors throughout, 10-foot ceilings, floor to ceiling Carrera Subway Tile in the kitchen, stainless steel Bosch appliances, recessed lighting, hand laid Grasscloth wallpaper, and ceramic linen tile in the bathroom. Building amenities include 24-hour private security, a large residents' lounge, garden, BBQ and Spa. The Rowan, with a walk score of 99, is steps away from an eclectic mix of restaurants, shops, galleries, and the Metro Red Line.
Year
Property tax
Land + Additions
Assessment*
2025
$1,950 (+1.2%)
$25,200 + $100,800
$126,000
2024
$1,927 (+1.2%)
$25,200 + $100,800
$126,000
2023
$1,905 (+3.9%)
$25,200 + $100,800
$126,000
2022
$1,834 (−26.8%)
$25,200 + $100,800
$126,000
2021
$2,506 (−1.9%)
$25,200 + $100,800
$126,000
2020
$2,555 (−2.2%)
$36,800 + $147,200
$184,000
2019
$2,612 (+3.5%)
$37,000 + $148,000
$185,000
2018
$2,525 (+6.4%)
$37,000 + $148,000
$185,000
2017
$2,373 (+98.7%)
$36,600 + $146,400
$183,000
2016
$1,194 (+0.8%)
$36,600 + $146,400
$183,000
2015
$1,185 (−34.2%)
$17,200 + $68,800
$86,000
2014
$1,802 (+44.1%)
$17,200 + $68,800
$86,000
2012
$1,251 (+1.2%)
$17,200 + $68,800
$86,000
2011
$1,236 (−1.5%)
$17,200 + $68,800
$86,000
2010
$1,255 (+72.4%)
$17,200 + $68,800
$86,000
2009
$728 (−4.2%)
$17,200 + $68,800
$86,000
2008
$760
$26,218 + $14,045
$40,263
Tax history for 460 S Spring St #602
Year
Property tax
Land + Additions
Assessment*
2025
$1,950 (+1.2%)
$25,200 + $100,800
$126,000
2024
$1,927 (+1.2%)
$25,200 + $100,800
$126,000
2023
$1,905 (+3.9%)
$25,200 + $100,800
$126,000
2022
$1,834 (−26.8%)
$25,200 + $100,800
$126,000
2021
$2,506 (−1.9%)
$25,200 + $100,800
$126,000
2020
$2,555 (−2.2%)
$36,800 + $147,200
$184,000
2019
$2,612 (+3.5%)
$37,000 + $148,000
$185,000
2018
$2,525 (+6.4%)
$37,000 + $148,000
$185,000
2017
$2,373 (+98.7%)
$36,600 + $146,400
$183,000
2016
$1,194 (+0.8%)
$36,600 + $146,400
$183,000
2015
$1,185 (−34.2%)
$17,200 + $68,800
$86,000
2014
$1,802 (+44.1%)
$17,200 + $68,800
$86,000
2012
$1,251 (+1.2%)
$17,200 + $68,800
$86,000
2011
$1,236 (−1.5%)
$17,200 + $68,800
$86,000
2010
$1,255 (+72.4%)
$17,200 + $68,800
$86,000
2009
$728 (−4.2%)
$17,200 + $68,800
$86,000
2008
$760
$26,218 + $14,045
$40,263
*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
1
Lot width
—
Lot depth
—
Lot size
30,787
Year renovated
1985
Sq. Ft.
780
Year built
1912
Style
Condo/Co-op
County
Los Angeles County
APN
5149023099
Parking Spaces
2
Basement
No
Accessible
No
HOA Dues
$735 /month
Garage
Yes
Features
Views
Last updated by owner on Aug 11, 2024.
Property details
Parking
Parking / Garage Information
# of Garage Spaces: 2
# of Parking Spaces: 2
Interior
Laundry Information
Has Laundry
In Closet, Inside
Bathroom Information
# of Baths (Full): 1
Cooling Information
Central
Has Cooling
Room Information
Kitchen, Living Room
Flooring Information
Wood
Heating Information
Central Furnace
Has Heating
Interior Features
Levels: One
Main Level Bathrooms: 1
Main Level Bedrooms: 1
Security Features: 24 Hour Security
Spa Features: Association, In Ground
Has Spa
Exterior
Exterior Information
Structure Type: Multi Family
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Property Information
Common Interest: Condominium
Total # of Units: 1
Common Walls: 1 common wall, End Unit
Parcel Number: 5149023099
Attached Property
Property Condition: Turnkey, Updated/Remodeled
Has View
Year Built Source: Assessor
Utilities
Utilities Information
Sewer: Public Sewer
Water Source: District/Public
Location
Homeowners Association
Is Part of Association
Association Name: Call Agent
Association Fee: $585
Association Fee Frequency: Monthly
Association Amenities: Spa, Barbecue, Outdoor Cooking Area, Club House
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