PRICED TO SELL, MOTIVATED OWNER. Perfect NY style studio loft or Pied a' Terre in the booming Historic Core's renowned Rowan Building where the Spring Street revival has become the International focus of RE developers everywhere. Boutique hotel's, CitizenM, Cambria, the renovation of the iconic Trust bldg and new construction giant "Perla" anchor the new look of the Old Bank District! A perfect downtown investment opportunity to get involved at a starter price point. This east facing gem gazes out over the San Gabriel mountain range, where sunrises are unmatched. Hardwood floors, gourmet kitchen, Scavolini Italian cabinetry, Bosch stainless steel appliances, granite counter-tops, TOTO fixtures & slate bathroom flooring, 2 panel glass shower doors with soaking tub, in unit W/ D, oversized original mahogany windows, super bright! Building/Unit receives the Mills Act giving owners up to 60% off their annual property taxes!! Walk to EVERYTHING the booming Historic Core has to offer.
CondoProperty Type
1912Year Built
0.71 acresLot Size
$635Est. Price/Sq.Ft.
1 car garageParking
Listed by Randelle Green•DRE #01979673• The RandelleGreen Group
•213-254-7626 (agent)
•Green@TheRandelleGreenGroup.com (agent)
Bought with Randelle Green•DRE #01979673• The RandelleGreen Group
PRICED TO SELL, MOTIVATED OWNER. Perfect NY style studio loft or Pied a' Terre in the booming Historic Core's renowned Rowan Building where the Spring Street revival has become the International focus of RE developers everywhere. Boutique hotel's, CitizenM, Cambria, the renovation of the iconic Trust bldg and new construction giant "Perla" anchor the new look of the Old Bank District! A perfect downtown investment opportunity to get involved at a starter price point. This east facing gem gazes out over the San Gabriel mountain range, where sunrises are unmatched. Hardwood floors, gourmet kitchen, Scavolini Italian cabinetry, Bosch stainless steel appliances, granite counter-tops, TOTO fixtures & slate bathroom flooring, 2 panel glass shower doors with soaking tub, in unit W/D, oversized original mahogany windows, super bright! Building/Unit receives the Mills Act giving owners up to 60% off their annual property taxes!! Walk to EVERYTHING the booming Historic Core has to offer.
TheMLS #19-537680
Jul 1, 2020
Sold
$410,000
$754/sq ft
Jun 2, 2020
Contingent
—
Mar 18, 2020
Price Changed
$425,000
$781/sq ft
Mar 4, 2020
Price Changed
$449,500
$826/sq ft
Jan 15, 2020
Price Changed
$469,500
$863/sq ft
Jan 3, 2020
Listed
$495,000
$910/sq ft
CRMLS #IV16701736
Dec 6, 2016
Sold
$405,000
$744/sq ft
Nov 1, 2016
Pending
—
Sep 14, 2016
Listed
$425,000
$781/sq ft
Historic Core, Mills Act, this Studio loft is located on one of the most vibrant streets in downtown LA. This 6th floor loft faces East and is approximately 544 square feet. Adjacent to Spring Street Park, the Rowan building was meticulously converted into innovative, urban-style living spaces showcased by original exposed brick walls and oversized Mahogany trimmed windows. This loft features a gourmet kitchen with Scavolini Italian cabinetry, Bosch stainless steel appliances, granite counter tops, TOTO bathroom fixtures and wood flooring. Washer/dryer & refrigerator included. The unit owner has the right to have a reserved parking space/s at the Bankhouse Garage at an extra cost. The Rowan has been designated a Mills Act Building which rewards owners with a large property tax savings. Shared amenities include 24-hour private security, a residence lounge, a private garden and barbecue area, and outdoor seating with hot and cold spas. Minutes away from Metro-Red Line (Pershing Square) and easy access to Fwy: 110, 10, 101 & 5.
Public Records
Aug 16, 2011
Sold
$5,894,000
$10,835/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 (−2.1%)
$16,400 + $65,600
$82,000
2020
$1,682 (−2.5%)
$24,000 + $96,000
$120,000
2019
$1,725 (+3.7%)
$24,200 + $96,800
$121,000
2018
$1,663 (+3.3%)
$24,200 + $96,800
$121,000
2017
$1,610 (+65.1%)
$23,800 + $95,200
$119,000
2016
$975 (+0.6%)
$23,800 + $95,200
$119,000
2015
$969 (−35.8%)
$13,400 + $53,600
$67,000
2014
$1,510 (+54.9%)
$13,400 + $53,600
$67,000
2012
$975 (+11.3%)
$13,400 + $53,600
$67,000
2011
$875 (−1.7%)
$12,600 + $50,400
$63,000
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 #608
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 (−2.1%)
$16,400 + $65,600
$82,000
2020
$1,682 (−2.5%)
$24,000 + $96,000
$120,000
2019
$1,725 (+3.7%)
$24,200 + $96,800
$121,000
2018
$1,663 (+3.3%)
$24,200 + $96,800
$121,000
2017
$1,610 (+65.1%)
$23,800 + $95,200
$119,000
2016
$975 (+0.6%)
$23,800 + $95,200
$119,000
2015
$969 (−35.8%)
$13,400 + $53,600
$67,000
2014
$1,510 (+54.9%)
$13,400 + $53,600
$67,000
2012
$975 (+11.3%)
$13,400 + $53,600
$67,000
2011
$875 (−1.7%)
$12,600 + $50,400
$63,000
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.
Amenities: Association Barbecue, Association Maintains Landscape, Association Pet Rules, Controlled Access, Gated Parking, Security, Separate Guest Room, Spa
Fee #1: $505
Fee #1 Frequency: Monthly
Fees Include Gas, Fees IncludeTrash
AssociationPetRules: Yes
Community Information
# of Units in Complex (Total): 208
Location Information
Unit Floor In Building: 6
Complex Name: The Rowan
Directions: NE corner of 5th & Spring Streets DTLA's Historic Core (Old Bank District)
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: 5149023105
Home facts updated by county records on Oct 6, 2026
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