Rowan Lofts 460 S Spring St Unit 302 Los Angeles, CA 90013
Downtown LA Neighborhood
1
Bed
1
Bath
720
Sq Ft
$795/mo
HOA Fee
Highlights
- Concierge
- 5-minute walk to Pershing Square Station
- City Lights View
- Guarded Parking
- Heated Spa
- 1-minute walk to Spring Street Park
About This Home
As of August 2025REDUCED TO SELL. GREAT FOR USC OR DTLA PROFESSIONALS. SELLER IS OFFERING A RATE BUY DOWN OR CLOSING COSTS CONTRIBUTION. Welcome to the brightest and airiest corner unit in the historic Rowan Building—ideally situated just three floors above the lush courtyard and steps from the adjacent parking garage. It’s low enough for quick stairway access to the garden and high enough to enjoy stunning city views. The Rowan is a beautifully restored architectural landmark in the heart of Downtown LA’s Historic Core. This rare corner unit—originally a model home—is bathed in natural light from oversized, mahogany-framed windows, offering breathtaking, unobstructed views of the city. We especially love Sunday mornings, with the festive Farmer's Market right outside your front door. This unit is thoughtfully designed by an architect, a one-bedroom retreat seamlessly blends old-world charm with modern convenience. Built in 1912 and meticulously restored, the Rowan showcases timeless character with soaring 10-foot ceilings, exposed brick walls, and elegant flooring. The spacious layout includes: Bosch in-unit washer and dryer, central HVAC, custom-designed shelving solutions. A true highlight of ownership is the building’s Mills Act designation, providing significant property tax savings—a rare advantage in DTLA. Premium amenities include: 24-hour security and concierge service, resident lounge, hot and cold plunge pools, outdoor dining with BBQ grills, lush garden, dedicated dog run. The well-maintained common areas reflect its historic charm, featuring original Carrara marble and brass detailing—refinements that distinguish the Rowan from other historic properties in the area. Secure parking is available in the adjacent Old Bank District Garage. Step outside and immerse yourself in the vibrant energy of Downtown LA. The Rowan fosters a strong sense of community, with regular social events and a dedicated staff offering exceptional service. The surrounding neighborhood offers a rich mix of culinary and cultural attractions—from Michelin-starred Orsa & Winston to the diverse flavors of Grand Central Market. Enjoy easy access to the Arts District, The Broad, Disney Concert Hall, and Chinatown’s emerging gallery scene. With proximity to Metro lines and the LAX FlyAway bus, car-free living is effortless. This is more than a home—it’s a lifestyle, where history, modern luxury, and community come together in one of DTLA’s most sought-after buildings.
Last Agent to Sell the Property
Rachael Stevens
Redfin Corporation License #02045993 Listed on: 03/28/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,843
Year Built
- Built in 1912
Lot Details
- End Unit
- 1 Common Wall
HOA Fees
- $795 Monthly HOA Fees
Property Views
- City Lights
- Park or Greenbelt
- Neighborhood
Home Design
- Common Roof
Interior Spaces
- 720 Sq Ft Home
- Open Floorplan
- Wired For Data
- High Ceiling
- Living Room
- Loft
- Storage
- Pest Guard System
Kitchen
- Self-Cleaning Oven
- Gas Range
- Free-Standing Range
- Microwave
- Water Line To Refrigerator
- Dishwasher
- Granite Countertops
- Pots and Pans Drawers
- Self-Closing Drawers
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
- Granite Bathroom Countertops
- Low Flow Toliet
- Soaking Tub
- Bathtub with Shower
Laundry
- Laundry Room
- Stacked Washer and Dryer
Parking
- Parking Available
- Guarded Parking
- Community Parking Structure
Pool
- Heated Spa
- In Ground Spa
Location
- Urban Location
Utilities
- Central Heating and Cooling System
- Hot Water Heating System
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 63018
- Assessor Parcel Number 5149023045
- $393 per year additional tax assessments
Community Details
Overview
- Master Insurance
- 209 Units
- Rowan Property Owners Association, Phone Number (949) 672-9091
- Maintained Community
- 12-Story Property
Amenities
- Concierge
- Outdoor Cooking Area
- Community Fire Pit
- Community Barbecue Grill
- Picnic Area
- Recreation Room
- Community Storage Space
Recreation
- Community Spa
- Park
- Dog Park
Pet Policy
- Pet Restriction
Security
- Security Guard
- Resident Manager or Management On Site
- Controlled Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 28, 2025
Closed on
Aug 19, 2025
Sold by
Canlas Salud Amanda
Bought by
Romero Lisa Maxine
Seller's Agent
Rachael Stevens
Redfin Corporation
Buyer's Agent
Stuart Levitt
Keller Williams Realty Calabasas
List Price
$439,000
Sold Price
$410,000
Premium/Discount to List
-$29,000
-6.61%
Views
84
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-86.61%
Original Mortgage
$307,500
Outstanding Balance
$307,500
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$86,339
Purchase Details
Closed on
Jun 27, 2011
Sold by
Msgg Rowan Realty Partners L L C
Bought by
Salud Amanda Canlas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
4.46%
Mortgage Type
New Conventional
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $320,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $189,775 | New Conventional | |
| Closed | $190,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/22/2025 08/22/25 | Sold | $410,000 | +2.8% | $569 / Sq Ft |
| 07/18/2025 07/18/25 | Pending | -- | -- | -- |
| 07/09/2025 07/09/25 | Price Changed | $399,000 | -9.1% | $554 / Sq Ft |
| 03/28/2025 03/28/25 | For Sale | $439,000 | -- | $610 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,843 | $126,000 | $25,200 | $100,800 |
| 2024 | $1,843 | $126,000 | $25,200 | $100,800 |
| 2023 | $1,821 | $126,000 | $25,200 | $100,800 |
| 2022 | $1,752 | $126,000 | $25,200 | $100,800 |
| 2021 | $2,424 | $184,000 | $36,800 | $147,200 |
| 2019 | $2,530 | $185,000 | $37,000 | $148,000 |
| 2018 | $2,441 | $185,000 | $37,000 | $148,000 |
| 2016 | $1,397 | $103,000 | $20,600 | $82,400 |
| 2015 | $1,984 | $103,000 | $20,600 | $82,400 |
| 2014 | $1,802 | $103,000 | $20,600 | $82,400 |
Source: Public Records
Agents Affiliated with this Home
-
Rachael Stevens
R
Seller's Agent in 2025
Rachael Stevens
Redfin Corporation
-
Stuart Levitt
Buyer's Agent in 2025
Stuart Levitt
Keller Williams Realty Calabasas
(818) 317-5504
1 in this area
19 Total Sales
About Rowan Lofts
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB25061515
APN: 5149-023-045
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