460 S Spring Street 1008, Los Angeles, California 90013, Los Angeles, 90013 - bed, 1 bath

460 S Spring Street 1008, Los Angeles, California 90013 home-pic-0

460 S Spring Street 1008

Los Angeles, California 90013

ACTIVE
CONDITION: GOOD
0Beds
1Baths
510Sq Ft
30,796Lot Size

Property Price

LIST PRICE$379,000

SUMMARY

Analysis of 460 S Spring Street 1008, Los Angeles, California 90013 is currently available with a list price of $379,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is move-in ready and features high-end finishes including a designer Scavolini kitchen with stainless steel appliances, Bosch laundry, and hardwood flooring. While the building is historic (1912), the loft conversion and its systems are well-maintained and fall within the 5 to 15-year renovation window, showing minimal wear and tear.

PROSSTRENGTHS & OPPORTUNITIES

  • Mills Act Tax Savings

    The property is located in a Mills Act building, providing owners with significant financial benefits through up to 70% annual property tax savings.

  • Live/Work Versatility

    Legally designated as a live/work space, the unit features a custom Murphy bed and storage system that allows for a seamless transition between a professional office and a residential home.

  • Historic Character & Modern Finishes

    This 10th-floor loft combines historic charm like exposed brick and 9-foot ceilings with high-end modern upgrades, including a Scavolini kitchen and Bosch appliances.

CONSRISKS & DEFICIENCIES

  • Recently Sold Property

    The property was recently sold within the past year on 2025-04-25. The sold price is $355,000.00.

  • Lack of Deeded Parking

    Parking is not included with the unit and must be sourced from a neighboring public garage, which adds an extra monthly expense and reduces daily convenience.

  • Limited Square Footage

    At 510 square feet, the studio layout may feel restrictive for buyers seeking distinct living areas or more substantial storage space.

About 460 S Spring Street 1008

JUST REDUCED!! This sun-filled 10th-floor studio loft in the historic Rowan Building puts you right in the heart of DTLA. This serene, well-maintained unit features an exposed-brick wall of huge windows, 9-foot ceilings and hardwood floors. As a legally-designated LIVE/WORK space, you'll enjoy unparalleled night-into-day flexibility thanks to a custom-designed storage system with integrated Murphy Bed that effortlessly folds up and away, allowing you to quickly transform the space from a cozy home into a professional work space. The designer Scavolini kitchen features stainless appliances, a granite countertop, and good storage. There's central heat and air-conditioning, and an in-unit stacked Bosch clothing washer and dryer. The bathroom features a deep soaking tub and shower. The Rowan is a Mills Act building which gives owners up to 70% annual property tax savings. Residents also enjoy a grand, beautifully restored lobby and hallways, 24/7 front desk and reception (rare in DTLA), controlled building and common-area access, a well-maintained 2nd floor WIFI-enabled lounge, outdoor gardens, plunge pools and BBQ grills. Gated, covered parking and bike storage available. Grand Central Market, Spring Street Dog Park, Metro, Gallery Row, Little Tokyo, and tons of live-music venues are all just blocks away. Parking not included -- but available in a public garage next door.

Property Details

Public Facts

Property Type
Condominium
Year Built
1912
Lot Size
30,796 Sq. Ft.

Interior

Total Bedrooms
-
Total Bathrooms
1 (1 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$697.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds-1.0
22%
Baths1.01.0
50%
Square foot5101,080
9%
Lot Size30,79636,291
43%
Price$379.0K$610.0K
17%
Price per sq ft$743$605
87%
Built year19121923
13%
HOA$697.0$697
50%
Days on market51211
4%

Pricing History

Listed for Sale

Feb 17, 2026

$379,000

$385,000

-2% Price Drop

Initial Listing

Price Change

Jan 14, 2026

$385,000

Initial Listing

Sold

Apr 25, 2025

$355,000

Public Record

Sold

May 31, 2023

$422,000

Public Record

Sold

Jan 17, 2012

$255,000

Public Record

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