
Los Angeles, California 90013
This Historic DTLA Loft in the iconic Rowan building is listed at $454,000, aligning perfectly with its $454,000 Fair Market Value. Boasting a Condition Rating of 3, the residence features authentic 1912 details including exposed brick walls, 10-foot ceilings, and original mahogany window frames. The versatile oversized 2-bedroom floorplan offers rare flexibility in the Historic Core, complemented by premium amenities like hot and cold plunge pools and a 24-hour doorman. This move-in-ready sanctuary is an ideal match for urban professionals or first-time buyers seeking a sophisticated city lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 460 S Spring Street 1013 Subject | $454,000* List Price | 2 | 2 | 860 | $528 | - |
A 420 S San Pedro Street 309 Sold | $400,000 | 0 | 1 | 870 | $460 | 0.4 mi |
B 460 S Spring Street 813 Sold | $450,000 | 1 | 2 | 860 | $523 | - |
C 400 S Broadway 1012 Sold | $540,000 | 1 | 1 | 907 | $595 | 0.1 mi |
D 416 S Spring Street 505 Sold | $535,000 | 1 | 2 | 1,080 | $495 | 0.1 mi |
E 312 W 5th Street 626 Sold | $355,000 | 1 | 1 | 520 | $683 | 0.1 mi |
F 420 S San Pedro 222 Active | $359,000 List Price | 1 | 1 | 800 | $449 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and benefits from an extensive 2008 renovation (17 years ago), placing it within the 10-20 year range for good condition. The kitchen is described as sleek with top-of-the-line appliances, and the unit features high-quality historic elements like mahogany window frames and exposed brick that have been well-maintained.
Located in the iconic Rowan building, the unit features authentic 1912 details like exposed brick walls, 10-foot ceilings, and original mahogany window frames paired with high-end modern upgrades.
Residents benefit from a full-service lifestyle including a 24-hour doorman, hot and cold plunge pools, a dog run, and a resident's lounge, which are exceptional for a historic conversion.
This rare oversized floorplan is recorded as a two-bedroom, offering significant flexibility to maintain the current open loft feel or fully enclose the second space for increased utility and value.
The unit does not include deeded parking; residents must rent spaces in an adjacent garage accessed via an alley, which adds to monthly expenses and reduces daily convenience.
At over $850 per month, the HOA fee is substantial for an 860-square-foot unit, impacting the overall monthly affordability and debt-to-income ratio for potential buyers.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.0 | 69% |
| Baths | 2.0 | 1.0 | 58% |
| Square foot | 860 | 1,110 | 27% |
| Lot Size | 30,787 | 33,543.5 | 46% |
| Price | $454.0K | $642.5K | 31% |
| Price per sq ft | $528 | $573 | 42% |
| Built year | 1912 | 1923 | 12% |
| HOA | $856.81 | $761 | 73% |
| Days on market | 181 | 234 | 31% |
Mar 3, 2026
$454,000
$474,000
-4% Price Drop
Initial Listing
Oct 23, 2025
$474,000
Initial Listing
May 21, 2014
$550,000
Public Record
Mar 2, 2010
$400,000
Public Record