Beautiful, sun-filled loft in one of Downtown Los Angeles's most desirable, luxurious historic buildings! The Rowan Building, in the booming Historic Bank District on Spring Street, also qualifies for huge Mills Act property tax savings. The Rowan, with it's Carrera marble lobby and original elevators, was originally built in 1912 & exquisitely remodeled into luxurious condos in 2005. This unique, 9th floor, east facing gem enjoys a flood of sunlight, exposed brick walls, industrial over-sized mahogany windows, hardwood floor, 10 ft ceilings and unobstructed, stunning city & mountain views. It has high quality, Italian Scavolini cabinets and the dishwasher and microwave are all from the highly reliable Bosch company. The bathroom has a large bathtub/shower and a stacked Bosch washer and dryer. The Rowan offers top of the line modern features, including 24hr security, doorman, 2nd floor lounge with TV and kitchen, & outdoor patio with 2 spas & BBQs and a beautifully landscaped sundeck.
CondoProperty Type
1912Year Built
0.71 acresLot Size
$700Est. Price/Sq.Ft.
1 spaceParking
Listed by Andreas Ludwig•DRE #02032222• Compass
•213-500-6984 (agent)
•andyludwig81@gmail.com (agent)
Bought with Richard Schulman•DRE #01427211• KW Advisors
Bought with Aaron Gelb•DRE #01930586• Keller Williams Realty Westside
Beautiful, sun-filled loft in one of Downtown Los Angeles's most desirable, luxurious historic buildings! The Rowan Building, in the booming Historic Bank District on Spring Street, also qualifies for huge Mills Act property tax savings. The Rowan, with it's Carrera marble lobby and original elevators, was originally built in 1912 & exquisitely remodeled into luxurious condos in 2005. This unique, 9th floor, east facing gem enjoys a flood of sunlight, exposed brick walls, industrial over-sized mahogany windows, hardwood floor, 10 ft ceilings and unobstructed, stunning city & mountain views. It has high quality, Italian Scavolini cabinets and the dishwasher and microwave are all from the highly reliable Bosch company. The bathroom has a large bathtub/shower and a stacked Bosch washer and dryer. The Rowan offers top of the line modern features, including 24hr security, doorman, 2nd floor lounge with TV and kitchen, & outdoor patio with 2 spas & BBQs and a beautifully landscaped sundeck.
TheMLS #18-306234
Mar 13, 2018
Sold
$490,000
$1,043/sq ft
Feb 12, 2018
Pending
—
Feb 10, 2018
Pending
—
Jan 23, 2018
Listed
$499,000
$1,062/sq ft
Public Records
Apr 8, 2009
Sold
$235,000
$500/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%)
$195,000 + $295,000
$490,000
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 #906
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%)
$195,000 + $295,000
$490,000
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.
Accessibility: 48 inch or more wide halls, DisabilityAccess
Faces East
Security Features: 24 Hour, Carbon Monoxide Detector(s), Card/Code Access, Exterior Security Lights, Fire and Smoke Detection System, Fire Sprinklers, Gated Community with Guard, Guarded, Resident Manager
Exterior Features
Balcony: No
Other Structural Features: High Ceilings (9 Feet+), Historical, Sprinkler System
Pool Information
Association Spa, Heated Spa, Hot Tub
Property Information
Exposure: city views
Property Type: Residential Condo/Co-Op
Lot Information
Lot Size (Sq. Ft.): 30,787
Zoning: LAC4
Special Zoning: None
Lot Location: Alley Access, City
Lot Description: Gated with Guard
Property Features
Sprinkler System
Has View
View: City, City Lights, Landmark, Mountains, Panoramic
Financial
Assessment Information
Assessor Parcel Number: 5149-023-155
Tax Information
No Mello-Roos Tax
Location
HOA Information
Amenities: Association Barbecue, Association Maintains Landscape, Card Room, Clubhouse, Concierge, Controlled Access, Elevator, Hot Water, Onsite Property Management, Picnic Area, Security, Spa, Sun Deck
Fee #1: $480
Fee #1 Frequency: Monthly
Fees Include Building and Grounds, Fees Include Gas, Fees Include Maintenance, Fees Include On Site Security, Fees Include Sewer, Fees IncludeTrash, Fees Include Water and Sewer, Fees Include Water
AssociationPetRules: Assoc Pet Rules, Yes
Community Information
# of Units in Complex (Total): 206
24-Hour Concierge, Business Center, Club Room, Entrance Lobby, Lounge, Passenger Elevator, Reception Desk, Service Elevator, Sun Deck, Sun Terrace, Trash Chute
Athletic Court: None
Location Information
Unit Floor In Building: 9
Unit Location: East
Complex Name: Rowan Homeowners Association
Directions: The Rowan Building is located at 460 S Spring Street in the Historic Bank District in Downtown Los Angeles.Perishing Square Metro Station is just 2 block away. Street Parking can be challenging, but there are many parking lots close to building.
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: 5149023155
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,...