460 S Spring Street 1110, Los Angeles, California 90013, Los Angeles, 90013 - 1 bed, 1 bath
Loading property details...
Los Angeles, California 90013
This Historic Core Condominium represents a Strong Value Opportunity, listed at $475,000—positioned well below the $459,997 Fair Market Value by -3%. While the unit is priced slightly above the current estimation, the Mills Act Tax Benefits provide a significant long-term financial advantage. Featuring a Good Condition Rating with modern Bosch and Samsung appliances, this loft-style home offers a vibrant urban lifestyle steps from the DTLA Farmers Market. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a culturally rich, move-in ready downtown residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 460 S Spring Street 1110 Subject | $475,000* List Price | 1 | 1 | 900 | $511 | - |
A 460 S Spring Street 813 Sold | $450,000 | 1 | 2 | 860 | $523 | 0.0 mi |
B 312 W 5th Street 719 Sold | $360,000 | 1 | 1 | 650 | $554 | 0.1 mi |
C 420 S San Pedro Street 309 Sold | $400,000 | 0 | 1 | 870 | $460 | 0.4 mi |
D 312 W 5th Street 218 Sold | $496,000 | 1 | 1 | 1,140 | $435 | 0.1 mi |
E 460 S Spring Street 1015 Active | $499,000 List Price | 1 | 1 | 946 | $527 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building dates to 1912, the unit features a high-quality loft conversion (circa 2008-2010) that remains in well-maintained, move-in ready condition. The kitchen is equipped with stainless steel Bosch and Samsung appliances and stone countertops, and the bathroom features modern cabinetry and fixtures. The finishes and systems fall within the 10-20 year range, meeting the criteria for a 'Good' rating.
As a Mills Act property, this condo offers significant property tax savings, providing a substantial financial advantage for long-term ownership in a historic building.
The property boasts an exceptional walk score with immediate access to the DTLA Farmers Market, world-class dining, and vibrant cultural galleries right outside the front door.
Currently listed at $475,000, the property is priced significantly below its 2017 sale price of $620,000, offering a rare opportunity for equity growth in a competitive market.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 900, other record living area = 810.
The monthly HOA fee of $895.89 is relatively high for a one-bedroom unit, which may impact the overall monthly affordability for budget-conscious buyers.
The unit is noted as having no specific view, which may be a drawback for buyers seeking the iconic city skyline or panoramic vistas often expected in downtown high-rise living.
Welcome to 460 S Spring Street #1110! A stylish one-bedroom, one-bathroom condo in the heart of Downtown LA's iconic Historic Core. Located just steps away from world-class dining, buzzing rooftop bars, coffee shops, art galleries, and the vibrant street energy of DTLA are all just outside your front door. Every Sunday, the neighborhood comes alive with the DTLA Farmers Market right next door, where you can grab fresh produce, local goods, and great food without ever getting in your car. The adjacent park is a perfect retreat for pet owners or anyone who loves having a little outdoor escape in the middle of the city. As a Mills Act property, you'll also benefit from significant property tax savings making this an incredible opportunity to own a piece of one of LA's most dynamic and culturally rich neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 900 | 1,140 | 37% |
| Lot Size | 30,796 | 30,796 | 50% |
| Price | $475.0K | $635.0K | 37% |
| Price per sq ft | $528 | $528 | 50% |
| Built year | 1912 | 1923 | 16% |
| HOA | $895.89 | $637 | 89% |
| Days on market | 12 | 222 | 5% |
May 25, 2026
$475,000
Initial Listing
Oct 3, 2017
$620,000
Public Record
Mar 27, 2009
$301,000
Public Record