460 S Spring Street 1013, Los Angeles, California 90013, Los Angeles, 90013 - 2 bed, 2 bath

460 S Spring Street 1013
Los Angeles, California 90013
Property Price
SUMMARY
Analysis of 460 S Spring Street 1013, Los Angeles, California 90013 is currently available with a list price of $454,000. 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
Property is move-in ready.
The property is move-in ready and reflects a high-quality building-wide renovation from 2008. The kitchen features sleek cabinetry, stone countertops, and stainless steel appliances that remain in good condition. The bathroom is modern and well-maintained, and the historic elements like the exposed brick and mahogany window frames are preserved beautifully. While the renovation is approximately 16 years old, the unit shows minimal wear and tear and meets the criteria for a well-maintained, functional home.
PROSSTRENGTHS & OPPORTUNITIES
- Historic Architectural Charm
Located in the iconic Rowan building, the unit features authentic 1912 details including exposed brick walls, 10-foot ceilings, and original mahogany window frames.
- Comprehensive Building Amenities
The Rowan offers a full-service lifestyle with a 24-hour doorman, hot and cold plunge pools, a resident's lounge, and a dedicated dog run.
- Prime DTLA Location
Situated in the Old Bank District of the Historic Core, the property provides exceptional walkability to downtown's premier dining, nightlife, and cultural hubs.
CONSRISKS & DEFICIENCIES
- Lack of Deeded Parking
Parking is not included with the unit and must be rented separately in an adjacent garage, which may be a deterrent for some buyers.
- High Monthly HOA Fees
The association fee of $856.81 is relatively high for an 860-square-foot unit, significantly increasing the monthly carrying costs.
- Non-Traditional Layout
Although listed as a two-bedroom on tax records, the current open-loft configuration with only one separated room may lack the privacy required by some residents.
About 460 S Spring Street 1013
Live the best of DTLA life in this sleek 2-bathroom loft on Spring Street in the iconic Rowan building. This cool loft is one of the few units in the building to have an oversized 2-bedroom floorplan, on tax records, (which is currently set up as one big open loft space with one separated bedroom). The layout is such that the bedroom has been sectioned off as a separate room. It also features 10-foot ceilings, exposed brick walls, top of the line appliances and overlooks 5th Street. The large windows let in luscious amounts of light. The sleek kitchen is open to the living room. There’s a roomy bathroom with shower/tub combo en-suite with the private laundry area. Located in the Old Bank District in the booming Historic Core of Downtown LA, the Rowan was originally built in 1912 and exquisitely remodeled in 2008. Today’s residents enjoy a beautiful mix of historic building features and high-end modern conveniences. Historic features include exposed brick walls, original large windows with beautiful mahogany frames, historic marble flooring in the lobby and restored exterior façade. The Rowan is a full amenity building, including a 24-hour doorman, resident’s lounge, hot and cold plunge pools, outdoor BBQ area, dog run, on-site dry-cleaning valet and bike storage. All common areas are even WIFI-enabled. Parking is available to rent in the adjacent Old Bank District Garage, which is located directly behind the Rowan, and accessed via a partially gated alley.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1912
- Lot Size
- 30,787 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $856.81 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.0 | 70% |
| Baths | 2.0 | 1.0 | 61% |
| Square foot | 860 | 1,080 | 30% |
| Lot Size | 30,787 | 36,291 | 39% |
| Price | $454.0K | $610.0K | 35% |
| Price per sq ft | $528 | $595 | 35% |
| Built year | 1912 | 1923 | 13% |
| HOA | $856.81 | $784 | 70% |
| Days on market | 134 | 211 | 17% |
Pricing History
Listed for Sale
Mar 3, 2026
$454,000
$474,000
-4% Price Drop
Initial Listing
Price Change
Oct 23, 2025
$474,000
Initial Listing
Sold
May 21, 2014
$550,000
Public Record
Sold
Mar 2, 2010
$400,000
Public Record
























