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460 S Spring Street 614, Los Angeles, California 90013, Los Angeles, 90013 - 2 bed, 2 bath

460 S Spring Street 614, Los Angeles, California 90013 home-pic-0
ACTIVE$550,000
460 S Spring Street 614, Los Angeles, California 90013
2Beds
2Baths
860Sqft
30,788.211Lot
Year Built
1912
Close
-
List price
$550K
Original List price
$575K
Price/Sqft
$640
HOA
$856.81
Days on market
-
Sold On
-
MLS number
25503931
Home ConditionExcellent
Features
Good View: City Lights
Spa
Patio
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $550.0K(50th), sqft - 860(41th), beds - 2(77th), baths - 2(68th).

New York Live/Work LOFT style is located in the beautifully restored Rowan Lofts building. This gorgeous LOFT features brick walls, large windows with extra soundproofing, high ceilings, a gourmet kitchen with a large island, a semi-separate bedroom area, and two full baths featuring Scavolini cabinetry, Bosch appliances in the kitchen, granite countertops, washer/drier, and maple flooring. Upgraded with sound proof windows. Mill's Act approved building with substantial annual property tax savings. Amenities include a resident lounge with a kitchenette, a private garden, a barbecue area with outdoor seating, and hot and cold spas. Next to the new Spring St park, trendy stores, and restaurants. Parking is available for a fee.

Price History

Date
Event
Price
04/28/09
Sold
$400,000
Condition Rating
Excellent
Despite being built in 1912, this loft has undergone an extensive and high-quality renovation, bringing it to a virtually new condition. The gourmet kitchen features high-end Bosch appliances, Scavolini cabinetry, and granite countertops, all appearing pristine and modern. Both full bathrooms are sleek and contemporary, also boasting Scavolini cabinetry and modern fixtures. The maple flooring throughout is well-maintained, and the unit benefits from upgraded soundproof windows, exposed brick, and high ceilings. All components meet current quality standards with no visible deferred maintenance, indicating a recent and thorough update.
Pros & Cons

Pros

Historic Loft Aesthetic & Modern Finishes: This unit offers a desirable New York Live/Work loft style within a beautifully restored historic building, featuring original brick walls, high ceilings, and large soundproofed windows, complemented by a gourmet kitchen with high-end Bosch appliances, Scavolini cabinetry, and granite countertops.
Substantial Property Tax Savings: The building is Mill's Act approved, providing significant annual property tax reductions, which enhances the long-term financial appeal for owners.
Exceptional Building Amenities: Residents benefit from a comprehensive suite of amenities including a resident lounge with a kitchenette, a private garden, a barbecue area with outdoor seating, and hot and cold spas.
Vibrant Downtown Location: Situated in a prime Downtown LA location, the property is adjacent to the new Spring St park, trendy stores, and diverse restaurants, offering excellent walkability and urban convenience.
Enhanced Comfort & Views: The unit features desirable city lights views and upgraded soundproof windows, contributing to a more comfortable and quiet living environment.

Cons

High Monthly Association Fees: The property incurs a substantial monthly association fee of $856.81, which significantly adds to the overall cost of ownership.
Additional Parking Costs: Parking is not included with the unit and is available for an additional fee, representing an ongoing expense for vehicle owners.
Compact Loft Layout: At 860 sqft, the 2-bed, 2-bath layout, particularly with a 'semi-separate bedroom area,' may feel compact for some buyers seeking more traditional or expansive living spaces.

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