460 S Spring Street 1008, Los Angeles, California 90013, Los Angeles, 90013 - 0 bed, 1 bath
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Los Angeles, California 90013
This Historic Studio Loft in the iconic Rowan Building is listed at $369,000, offering exceptional stability at its $369,000 Fair Market Value. Featuring a designer Scavolini Kitchen, Bosch appliances, and exposed brick, the unit maintains a Move-in Ready Condition Rating with high-end finishes. The legally designated Live/Work designation and custom Murphy bed provide unparalleled flexibility for downtown living. Owners secure a massive financial advantage through the Mills Act, providing up to 70% annual tax savings. It is a perfect match for urban professionals or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 460 S Spring Street 1008 Subject | $369,000* List Price | 0 | 1 | 510 | $724 | - |
A 312 W 5th Street 626 Sold | $355,000 | 1 | 1 | 520 | $683 | 0.1 mi |
B 400 S Broadway 917 Sold | $400,000 | 0 | 1 | 599 | $668 | 0.1 mi |
C 400 S Broadway 1702 Sold | $425,000 | 0 | 1 | 492 | $864 | 0.1 mi |
D 460 S Spring Active | $390,000 List Price | 0 | 1 | 470 | $830 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This property is in move-in ready condition with high-quality finishes. It features a modern Scavolini kitchen with stainless steel appliances, granite countertops, and well-maintained hardwood floors. The unit includes updated systems such as central heat/AC and an in-unit Bosch washer/dryer. While the building is historic, the interior reflects a high-standard residential conversion with minimal wear and tear and no immediate need for renovation.
The property is protected under the Mills Act, offering owners a substantial financial benefit with up to 70% annual property tax savings.
This legally designated live/work space features a custom Murphy bed and storage system, providing excellent flexibility for professionals to transition between a residence and an office.
Located in the iconic Rowan Building, the unit features 10th-floor views and exposed brick, while residents enjoy rare 24/7 front desk security and premium community spaces.
The property was recently sold within the past year on 2025-04-25. The sold price is $355,000.00.
The unit does not include deeded parking, requiring the owner to secure and pay for a space in a neighboring public garage, which adds to monthly costs and inconvenience.
With only 510 square feet of living space, the studio footprint may be restrictive for buyers requiring more storage or distinct, separated living areas.
NEW PRICE!! 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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 1.0 | 16% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 510 | 1,080 | 4% |
| Lot Size | 30,796 | 30,796 | 50% |
| Price | $369.0K | $635.0K | 20% |
| Price per sq ft | $724 | $595 | 92% |
| Built year | 1912 | 1923 | 12% |
| HOA | $697.0 | $697 | 50% |
| Days on market | 98 | 230 | 4% |
Mar 12, 2026
$369,000
$379,000
-3% Price Drop
Initial Listing
Feb 17, 2026
$379,000
$385,000
-2% Price Drop
Initial Listing
Jan 14, 2026
$385,000
Initial Listing
Apr 25, 2025
$355,000
Public Record
May 31, 2023
$422,000
Public Record
Jan 17, 2012
$255,000
Public Record