
Los Angeles, California 90013
This Historic Corner Loft represents a High-Potential Investment Opportunity, listed at $455,000—positioned above the $401,641 Fair Market Value. While the list price exceeds the current estimate, the property offers unique long-term value through its Mills Act status, providing significant property tax savings. Featuring a Pristine Condition Rating, this unit includes Italian-designer cabinetry, exposed brick, and panoramic city views. It is an ideal acquisition for Buy-and-Hold Investors or Urban Professionals seeking a move-in ready residence in the heart of DTLA.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 460 S Spring Street 916 Subject | $455,000* List Price | 1 | 1 | 690 | $582 | - |
A 460 S Spring Street 1013 Sold | $440,206 | 2 | 2 | 860 | $512 | 0.0 mi |
B 460 S Spring Street 813 Sold | $450,000 | 1 | 2 | 860 | $523 | 0.0 mi |
C 312 W 5th Street 719 Sold | $360,000 | 1 | 1 | 650 | $554 | 0.1 mi |
D 460 S Spring Street 205 Active | $379,000 List Price | 0 | 1 | 450 | $842 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although the building was originally constructed in 1912, the unit is part of a major adaptive reuse conversion from approximately 15 years ago. The interior is in pristine condition with modern Italian cabinetry, stainless appliances, and updated systems including central HVAC and a new washer-dryer, making it a well-maintained, move-in ready property.
The property is located in a Mills Act building, providing owners with significant annual property tax savings, which enhances long-term affordability and investment value.
This rare 9th-floor corner unit features massive windows on two sides, exposed brick, and high ceilings, offering exceptional natural light and panoramic views of the DTLA skyline.
Situated in the heart of the Historic Core, the loft offers unparalleled access to Grand Central Market, the Metro, Whole Foods, and the vibrant Arts District.
The monthly HOA fee of $855 is relatively high for a 690-square-foot unit, which may impact the budget of cost-conscious buyers.
The unit does not include owned parking, requiring residents to rely on an adjacent garage for an additional monthly fee, which can be a convenience and cost drawback.
STUNNING, RARE corner loft! This incredible 9th floor 1-bedroom, 1-bath unit in the gorgeous Rowan Lofts is the ultimate DTLA living experience. Massive windows on two sides offer all-day light and expansive views of the surrounding skyscrapers, cool vintage buildings, and historic tree-lined Spring Street. High ceilings, real hardwood floors, pristine condition, and an exposed brick wall add to the dramatic vibes. The kitchen features Italian-designer cabinetry, stainless appliances and tons of storage. The open-plan living and dining area gives you total flexibility for work or easy relaxing. The bedroom features a large closet and an another unparalleled view of the city, and leads into the spacious bathroom with a large soaking tub and another huge window. There's a new stacked washer-dryer in the unit along with central air-conditioning and heating. Seller has installed dual-pane windows on the front 4 windows for added noise insulation. The Rowan is a legal LIVE/WORK building, and also a MILLS ACT building which gives owners significant annual property tax savings. Amenities include 24/7 front desk concierge, resident's lounge, outdoor patio with hot/cold plunge pools and BBQ grills, and secured-access to elevators and common areas. The Rowan is within a few short blocks of Grand Central Market, LA Metro, Arts District, Little Tokyo, Whole Foods, a weekly Farmer's Market, The Broad, Last Book Store, tons of coffee shops & dining hot spots! There is an adjacent parking garage that many residents use for a monthly fee.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 690 | 1,219.385 |
| Lot Size | 30,796 | 27,236.074 |
| Price | $455.0K | $800.2K |
| Price per sq ft | $659 | $650 |
| Built year | 1912 | 1979 |
| HOA | $855.0 | $685 |
| Days on market | 31 | 72 |
Aug 9, 2026
$455,000
Initial Listing
Oct 2, 2018
$565,000
Public Record
Sep 19, 2014
$485,000
Public Record
Jun 2, 2010
$344,500
Public Record