New York-style Live/Work LOFT is located on the beautifully restored Rowan lofts building. This gorgeous corner LOFT features brick walls, several large mahogany trimmed windows with upgraded soundproofing and park and city views with three exposures (North, South and West), high ceilings, stainless steel appliances in the kitchen, granite countertops, washer/drier, and maple flooring. The Rowan has been designated a Mills Act Building which gives owners a large discount on their property taxes. Building amenities include a resident lounge with a kitchenette, a private garden, a barbecue area with outdoor seating, and hot and cold spas. Parking is available in the garage next door for an additional fee. Located in the trendy Spring street and steps from many restaurants, art galleries, and more.
CondoProperty Type
1912Year Built
0.71 acresLot Size
$563Est. Price/Sq.Ft.
Listed by Christiano Sampaio•DRE #01412928• Loftway
•213-254-5638 (agent)
•chris@loftway.com (agent)
Bought with Chad Schlotterback•DRE #01807076• Beverly & Company Luxury Properties
Rare opportunity for a stunning west facing loft overlooking Spring Street Park and located on one of the most vibrant streets in downtown. The Rowan lofts were meticulously converted into innovative, urban-style living spaces showcased by the original exposed brick walls, large mahogany trimmed windows, and high ceilings. This loft offers a gourmet kitchen, a separate bedroom area and bath featuring Scavolini cabinetry, Bosch appliances, granite counter tops, TOTO bathroom fixtures and maple flooring. The unit also comes with washer and dryer. There is a 1-car unreserved parking space available for an additional fee. 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 with kitchenette, 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.
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 (−26.6%)
$24,200 + $96,800
$121,000
2021
$2,399 (−2.4%)
$24,200 + $96,800
$121,000
2020
$2,458 (−1.9%)
$35,200 + $140,800
$176,000
2019
$2,506 (+3.2%)
$35,600 + $142,400
$178,000
2018
$2,430 (+3.3%)
$35,600 + $142,400
$178,000
2017
$2,351 (+92.5%)
$35,000 + $140,000
$175,000
2016
$1,221 (+8.2%)
$35,000 + $140,000
$175,000
2015
$1,128 (−34.4%)
$16,400 + $65,600
$82,000
2014
$1,720 (+44.4%)
$16,400 + $65,600
$82,000
2012
$1,191 (+1.2%)
$16,400 + $65,600
$82,000
2011
$1,177 (−1.6%)
$16,400 + $65,600
$82,000
2010
$1,195 (+70.8%)
$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 #618
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 (−26.6%)
$24,200 + $96,800
$121,000
2021
$2,399 (−2.4%)
$24,200 + $96,800
$121,000
2020
$2,458 (−1.9%)
$35,200 + $140,800
$176,000
2019
$2,506 (+3.2%)
$35,600 + $142,400
$178,000
2018
$2,430 (+3.3%)
$35,600 + $142,400
$178,000
2017
$2,351 (+92.5%)
$35,000 + $140,000
$175,000
2016
$1,221 (+8.2%)
$35,000 + $140,000
$175,000
2015
$1,128 (−34.4%)
$16,400 + $65,600
$82,000
2014
$1,720 (+44.4%)
$16,400 + $65,600
$82,000
2012
$1,191 (+1.2%)
$16,400 + $65,600
$82,000
2011
$1,177 (−1.6%)
$16,400 + $65,600
$82,000
2010
$1,195 (+70.8%)
$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.
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