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460 S Spring St 404, Los Angeles, CA 90013

Sale Price: $305,000
May 6, 2025470 sqft1 beds1 baths
Listed by: Jenny Morant
License #: 01874517
Phone #: 424-409-8976
Compass
Source:
CRMLS Logo
MLS #: SB25099887

Property Description

Live the best of DTLA life in this sleek loft on Spring Street in the iconic Rowan building. This loft was FEATURED IN CURBED LA!! 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, secure parking, on-site dry cleaning valet and bike storage. All common areas are even WIFI-enabled. This cool loft has a wonderful open layout, 10-foot ceilings, exposed brick walls and top of the line appliances. The large windows let in luscious amounts of light. There's a nicely separated corner space for the bedroom area and a roomy bathroom plus laundry in the unit. Investment opportunity for anyone looking for built in income with a tenant currently renting, or live there yourself and enjoy being in the heart of the action! And best of all, take advantage of the Mills Act preservation property tax break! Also available for lease.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$5,247

TurboHome Estimated Value

$334,900

$713 sqft

High Valuation
$351,645
$748/sqft
Normal Valuation
$334,900
$713/sqft
Low Valuation
$318,155
$677/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$713/sqft$334,900

Neighborhood: Downtown

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Comparative Value

$305K

$320K

$335K

$355K

$445K

460 S Spring St 404, Los Angeles, CA 90013

Sale Price: $305,000

Selected Comparable

460 S Spring St 404, Los Angeles, CA 90013

List Price: $320,000

Subject Property

312 W 5th St 605, Los Angeles, CA 90013

Sale Price: $335,000

Selected Comparable

630 W 6th St 408, Los Angeles, CA 90017

Sale Price: $355,000

Selected Comparable

460 S Spring St 1008, Los Angeles, CA 90013

Sale Price: $355,000

Selected Comparable

215 W 7th St 1203, Los Angeles, CA 90014

Sale Price: $445,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
460 S Spring St 404, Los Angeles, CA 90013

460 S Spring St 404, Los Angeles, CA 90013

List: $320,000

Listed: 5/6/2025

Area:470 sqft
Price/sqft:$681
Beds:1
Baths:1
Year Built:
Lot Size:30,787

Comparable Properties

COMPARABLE
Choose comps
460 S Spring St 404, Los Angeles, CA 90013

460 S Spring St 404, Los Angeles, CA 90013

Sale: $305,000

8/4/20250.00 mi

Area:470 sqft
Price/sqft:$649
Beds:1
Baths:1
Year Built:
Weight:25.1%
215 W 7th St 1203, Los Angeles, CA 90014

215 W 7th St 1203, Los Angeles, CA 90014

Sale: $445,000

7/22/20250.26 mi

Area:660 sqft
Price/sqft:$674
Beds:1
Baths:1
Year Built:
Weight:19.1%
630 W 6th St 408, Los Angeles, CA 90017

630 W 6th St 408, Los Angeles, CA 90017

Sale: $355,000

3/11/20250.42 mi

Area:580 sqft
Price/sqft:$612
Beds:1
Baths:1
Year Built:
Weight:18.8%
460 S Spring St 1008, Los Angeles, CA 90013

460 S Spring St 1008, Los Angeles, CA 90013

Sale: $355,000

4/25/20250.00 mi

Area:510 sqft
Price/sqft:$696
Beds:
Baths:1
Year Built:
Weight:18.6%
312 W 5th St 605, Los Angeles, CA 90013

312 W 5th St 605, Los Angeles, CA 90013

Sale: $335,000

5/2/20250.13 mi

Area:670 sqft
Price/sqft:$500
Beds:1
Baths:1
Year Built:
Weight:18.3%

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