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 home-pic-0

460 S Spring Street 1013

Los Angeles, California 90013

ACTIVE
CONDITION: GOOD
2Beds
2Baths
860Sq Ft
30,787Lot Size

Property Price

LIST PRICE$454,000

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

Good
TeardownExcellent

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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.01.0
70%
Baths2.01.0
61%
Square foot8601,080
30%
Lot Size30,78736,291
39%
Price$454.0K$610.0K
35%
Price per sq ft$528$595
35%
Built year19121923
13%
HOA$856.81$784
70%
Days on market134211
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

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