Listed by Deborah Bush•DRE #01964485• Jason Mitchell Real Estate CA
Contact: 310-895-0439
For sale
$379,000
Est. $3,453/mo —
1
bd
•
1 ba
•
720
sq ft
460 S Spring Unit 702, Los Angeles, CA 90013
About this home
Perched on the seventh floor of the Rowan, this light filled 1 bed 1 bath pairs 1912 architecture with a clean, modern finish. Original exposed brick, soaring ceilings and a wall of oversized mahogany framed windows bring in natural light all day and open to city views. The living and dining area flows to a stainless kitchen with gas range, granite counters and full granite backsplash, and the bedroom sits privately off the main space with its own bank of windows and original brick. Hardwood floors run throughout The Rowan is a designated Mills Act property, which can translate to meaningful annual property tax savings, a benefit very few Downtown buildings carry. Designed in 1911 by Parkinson and Bergstrom, the architects behind Los Angeles City Hall and the Alexandria Hotel, the building was restored in 2009 with its Carrara marble corridors and Art Deco elevator doors intact. Amenities include 24 hour security and concierge with one of the best lobbies in DTLA a residents lounge, and a landscaped garden courtyard with barbecues and spas. Set at Fifth and Spring in the Old Bank District, steps from Spring Street Park, the weekly farmers market, Grand Central Market and the Pershing Square Metro station. Parking spot can be rented for $270 a month from neighboring lot and not included in the sale
Gallery Row, located between Broadway and Alameda Street, is a arts district and loft-style Los Angeles neighborhood with converted warehouses and a street-art-lined streetscape. The neighborhood’s pulse concentrates around 3rd Street and S. Santa Fe Avenue, where galleries, design studios, coffee counters, and late-night eateries cluster under old brick facades. Hauser & Wirth anchors the area with museum-scale exhibitions and a courtyard feel. The Geffen Contemporary at MOCA adds industrial-scale art in a former police-car warehouse. The Arts District Brewing Company brings a casual taproom scene into the mix. Sidewalk murals, roll-up doors, and repurposed loading docks shape a walkable, gallery-hopping rhythm.
Provided by Walk Score and Local Logic
Offer insights
460 S Spring Unit 702 · $379,000
$380K and above
75% chance or better to win
Why $380K+ is a strong offer
DAYS ON MARKET
49 days
The average home goes pending in 72 days.
SALE-TO-LIST
98.1%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Brick walls
Cathedral/vaulted ceilings
Granite counters
Turnkey, updated/remodeled condition
Gated community with attendant
Community spa
Bedrooms
All bedrooms on one level
One main-level bedroom
Bathrooms
One full bathroom
Shower in tub
Kitchen
Remodeled kitchen
Granite counters
Refrigerator included
Laundry & utility
Washer hookup
Gas and electric dryer hookup
Laundry located in closet
Heating & cooling
Central cooling
Central furnace heating
Exterior features
Community pool
Outdoor barbecue/outdoor cooking area
Urban community setting
Home design
Condominium (attached unit)
Multi-family structure
End unit with one common wall
Ten-story building
Has a view
Entry level: 1
Parking
Assigned community garage parking (1 space)
Controlled entrance
Parking space included
Security
Gated with attendant
Controlled access
Construction
Assessor-reported year built
Updated/remodeled unit
Utilities
Public/district water
Public sewer
Natural gas connected
Electricity connected
Cable available
HOA & community
Part of Rowan association
Monthly HOA fee
Association amenities include spa, concierge, clubhouse, meeting room, maintained grounds, trash service, recreational/multipurpose room, outdoor cooking area, barbecue, insurance, controlled access, and pet permissions
Call for association rules
Other
Community of approximately 100–121 units
Electricity and solar
View estimated energy costs and solar savings for this home
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,...