460 South Spring Street, Unit 507

Sold 3/29/23

Sold

Last Sold Price

$537,000

1 bed1 bath890 sqft

460 S Spring St, Unit 507, Los Angeles, CA 90013

CondoProperty Type

1912Year Built

$603/sq ftPrice per sq ft

$711/moHOA Fees

Description

The Rowan is a historically designated building and has Mills Act tax status which offers significant savings in property taxes. The building is located in the heart of downtown LA where you can step outside and be minutes from the shops, restaurants, galleries and events. Out of town friends have endless hotel choices nearby such as the trendy citizen M. Take the dog out for a walk and enjoy Spring St. park which is right next door. This is urban living at its finest in a spacious 1 bedroom 1 bath...The Rowan is a historically designated building and has Mills Act tax status which offers significant savings in property taxes. The building is located in the heart of downtown LA where you can step outside and be minutes from the shops, restaurants, galleries and events. Out of town friends have endless hotel choices nearby such as the trendy citizen M. Take the dog out for a walk and enjoy Spring St. park which is right next door. This is urban living at its finest in a spacious 1 bedroom 1 bath loft facing west with skyline views, exposed brick walls and a wonderful floor plan. The unit is one of only a few that features a bath with a picture window looking out the city views. The building has a 24-hour door person, conference facilities, and outdoor spaces with BBQ, hot tubs and a dog run. There is an available licensed (not deeded) parking space. So go Downtown. everything's waiting for you!

Listed by: Dan Mancinelli DRE #01259427 Brokerage DRE #00625377 • Berkshire Hathaway HomeServices California Propert
Listed by: Eric Ciupak DRE #02055801 Brokerage DRE #00625377 • Berkshire Hathaway HomeServices California Propert

Listing closed: 03/29/2023 12:00 AM • Source: CLAW, MLS#: 23-246951

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Median sold price

$505,000

Avg days on market

Sale-to-list ratio

94.3%

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Location

Listing Courtesy of Berkshire Hathaway HomeServices California Propert, Dan Mancinelli, DRE #01259427; Berkshire Hathaway HomeServices California Propert, Eric Ciupak, DRE #02055801

Sold By Redfin Corporation, Abigail Esquibel, DRE #02062594

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$3,654 per month

30 year fixed, 6.71% Interest

Principal and Interest

$2,775

Property Taxes

$168

HOA Dues

$711

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Property Information for 460 South Spring Street, Unit 507

Property Details

MLS Type: Residential / Condominium
County: Los Angeles County
Zoning: LAC4
Style: High or Mid-Rise Condo
Association Fee Frequency: Monthly
Parcel Number: 5149023086
Total Units: 207.0
Living Area: 890
Source Living Area: Developer
Area: Downtown L.A. (C42)
Lot Size Area: 30787
Source Lot Size Area: Vendor Enhanced
Home owner Dues: $711
HOA Fee Frequency 1: Monthly
Assessor Parcel Number: 5149-023-086
Directions: Spring St. between 4th and 5th Street. Use Navigation.

Building Information

Building/Complex: The Rowan
Floor: 5
Stories: 12
Residences: 206
Pet Policy Details: Allowed
Year Built: 1912

Community / Development

HOA Amount: $711
HOA: Yes

Complex Name: The Rowan
Number Of Units: 207
Pets Allowed: Call For Rules
Amenities: Assoc Barbecue, Assoc Maintains Landscape, Conference, Meeting Room, Security
Association Amenities: Meeting Room, Security
High Mid Rise Amenities: Club Room, Dog Run, Door Person, Entrance Lobby, Reception Desk
Senior Community: No

Structure Info

Building Type: Condominium, Attached
Year Built Source: Vendor Enhanced

Number Of Stories: 12
Unit Floor In Building: 5
Unit Number: 507
View: Yes
View Description: City, City Lights, Panoramic
View: City Lights, Panoramic
Planned Urban Dev: 0
Entry Floor Number: 5
Security Features: 24 Hour

Contract Info

Lease Considered: No
Available For Lease: No

Lease Option: false
Financing: Cash, Cash To New Loan
Disclosures: As Is
Listing Type: Exclusive Right To Sell
Service Level: Full Service

Land / Lot Info

Special Zoning: Other
Lot Acreage: 0.7068

Lot Size Square Feet: 30787

Parking Details

Parking Garage: Other
Total Parking: 0

Covered Parking: 0

Interior Features

Room Type: Living Room
Rooms: Living Room

Fireplace Features: None
Fireplace Rooms: None
Den: No
Family Room: 0
Dining Room: 0
Furnished: Unfurnished
Cooling Type: Air Conditioning
Heating: Central
Heating Type: Central
Flooring: Vinyl Plank
Equipment: Washer, Dryer, Dishwasher, Refrigerator, Microwave, Range/Oven
Interior Features: Brick Walls, High Ceilings (9 Feet+)
Common Walls: Attached
Cooking Appliances: Cooktop - Gas, Oven
Laundry: In Unit
Eating Areas: Other - See Remarks
Eating Area: See Remarks

Exterior Features

Pool: No
Private Pool: No

Pool Description: None
Pool Features: None
Spa: Yes
Spa: Heated, Community
Entry Location: Living Room
New Construction: No
Construction Materials: Brick
Exterior Construction: Brick

Lease Terms

Entry Date: 03-02-2023

Property History for 460 South Spring Street, Unit 507

Date	Event & Source	Price	Appreciation
Mar 29, 2023	Sold CLAW #23-246951	$537,000	—
Mar 29, 2023	Sold CRMLS #23246951	$537,000	—
Mar 29, 2023	Sold SDMLS #23-246951	$537,000	—
Mar 22, 2023	Sold (Public Record) Public Record #1507969307	$537,000	—
Mar 22, 2023	Sold (Public Record) Public Record #1507969307	$537,000	-2.8% / yr
Mar 17, 2023	Pending CRMLS #23246951		—
Mar 17, 2023	Pending CLAW #23-246951		—
Mar 17, 2023	Pending SDMLS #23-246951		—
Mar 2, 2023	Listed (Active) CLAW #23-246951	$589,000	—
Mar 2, 2023	Listed (Active) SDMLS #23-246951	$589,000	—
Mar 2, 2023	Listed (Active) CRMLS #23246951	$589,000	—
Apr 10, 2020	Expired CRMLS #19519012	$599,000	—
Apr 9, 2020	Expired CLAW #19-519012	$599,000	—
Nov 21, 2019	Withdrawn / Cancelled CRMLS #19519012		—
Nov 12, 2019	Hold CRMLS #19519012		—
Nov 12, 2019	Expired SDMLS #19519012		—
Oct 9, 2019	Listed (Active) SDMLS #19519012	$599,000	—
Oct 9, 2019	Listed (Active) CRMLS #19519012	$599,000	—
Oct 9, 2019	Listed (Active) CLAW #19-519012	$599,000	—
Jan 29, 2019	Sold CLAW #18-401494	$605,000	—
Jan 29, 2019	Sold CRMLS #18401494	$605,000	—
Jan 7, 2019	Sold (Public Record) Public Record #638175586	$605,000	+5.4% / yr
Dec 31, 2018	Pending CRMLS #18401494		—
Dec 31, 2018	Pending CLAW #18-401494		—
Oct 26, 2018	Listed (Active) CRMLS #18401494	$675,000	—
Oct 26, 2018	Listed (Active) CLAW #18-401494	$675,000	—
May 18, 2010	Sold (Public Record) Public Record #293354167	$385,000	—

Date	Event & Source	Price
03/29/2023	Sold CLAW #23-246951	$537,000
03/29/2023	Sold CRMLS #23246951	$537,000
03/29/2023	Sold SDMLS #23-246951	$537,000
03/22/2023	Sold (Public Record) Public Record #1507969307	$537,000
03/22/2023	Sold (Public Record) Public Record #1507969307	$537,000 -2.8% / yr
03/17/2023	Pending CRMLS #23246951	—
03/17/2023	Pending CLAW #23-246951	—
03/17/2023	Pending SDMLS #23-246951	—
03/02/2023	Listed (Active) CLAW #23-246951	$589,000
03/02/2023	Listed (Active) SDMLS #23-246951	$589,000
03/02/2023	Listed (Active) CRMLS #23246951	$589,000
04/10/2020	Expired CRMLS #19519012	$599,000
04/09/2020	Expired CLAW #19-519012	$599,000
11/21/2019	Withdrawn / Cancelled CRMLS #19519012	—
11/12/2019	Hold CRMLS #19519012	—
11/12/2019	Expired SDMLS #19519012	—
10/09/2019	Listed (Active) SDMLS #19519012	$599,000
10/09/2019	Listed (Active) CRMLS #19519012	$599,000
10/09/2019	Listed (Active) CLAW #19-519012	$599,000
01/29/2019	Sold CLAW #18-401494	$605,000
01/29/2019	Sold CRMLS #18401494	$605,000
01/07/2019	Sold (Public Record) Public Record #638175586	$605,000 +5.4% / yr
12/31/2018	Pending CRMLS #18401494	—
12/31/2018	Pending CLAW #18-401494	—
10/26/2018	Listed (Active) CRMLS #18401494	$675,000
10/26/2018	Listed (Active) CLAW #18-401494	$675,000
05/18/2010	Sold (Public Record) Public Record #293354167	$385,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 460 South Spring Street, Unit 507

Taxable ValueLand$27,200Additions$108,800Total$136,000

Tax Record2025$2,020 ($168 / month)

Home Facts

Beds1Baths1Total Finished SqFt780 SqFtAbove Grade Finished SqFt780 SqFtLot Size30,787 SqFtStyleCondominiumYear Built1912Year Renovated1985ZoningLAC4CountyLOS ANGELESAPN5149-023-086

Schools near 460 South Spring Street, Unit 507

This home is within Los Angeles Unified School District.


Rating	School	Type	Grades	Distance
7/10	Ninth Street School	Public - Serves this home	K to 5	0.8 mi
2/10	John H. Liechty Middle School	Public - Serves this home	6 to 8	1.3 mi
4/10	Contreras Learning Center-Los Angeles School Of Global Studies	Public - Serves this home	9 to 12	1.0 mi
5/10	Miguel Contreras Learning Complex School	Public - Serves this home	9 to 12	1.0 mi
5/10	Academic Leadership Community School	Public - Serves this home	9 to 12	1.0 mi
6/10	Ramon C. Cortines School Of Visual And Performing Arts	Public - Serves this home	9 to 12	0.9 mi
NR	Oak Crest Academy - Los Angeles	Private - Nearby school	7 to 12	0.5 mi
NR	American University Preparatory School	Private - Nearby school	9 to 12	0.6 mi


Rating	School	Distance
7/10	Ninth Street School PublicK to 5 Serves this home	0.8 mi
2/10	John H. Liechty Middle School Public6 to 8 Serves this home	1.3 mi
4/10	Contreras Learning Center-Los Angeles School Of Global Studies Public9 to 12 Serves this home	1.0 mi
5/10	Miguel Contreras Learning Complex School Public9 to 12 Serves this home	1.0 mi
5/10	Academic Leadership Community School Public9 to 12 Serves this home	1.0 mi
6/10	Ramon C. Cortines School Of Visual And Performing Arts Public9 to 12 Serves this home	0.9 mi
NR	Oak Crest Academy - Los Angeles Private7 to 12 Nearby school	0.5 mi
NR	American University Preparatory School Private9 to 12 Nearby school	0.6 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 460 South Spring Street, Unit 507, Los Angeles, CA 90013	$537,000	1	1	890	–
460 South Spring Street, Unit 211, Los Angeles, CA 90013	$605,000	1	1	980	–
460 South Spring Street, Unit 204, Los Angeles, CA 90013	$377,000	Studio	1	460	–
460 South Spring Street, Unit 1016, Los Angeles, CA 90013	$494,785	1	1	734	–
460 South Spring Street, Unit 103, Los Angeles, CA 90013	$950,000	1	2	1,407	–
460 South Spring Street, Unit 708, Los Angeles, CA 90013	$360,000	Studio	1	510	–
460 South Spring Street, Unit 404, Los Angeles, CA 90013	$305,000	1	1	470	30,787
460 South Spring Street, Unit 813, Los Angeles, CA 90013	$450,000	1	2	860	–
460 South Spring Street, Unit 402, Los Angeles, CA 90013	$435,000	1	1	720	–
460 South Spring Street, Unit 510, Los Angeles, CA 90013	$545,000	1	1	810	–
460 South Spring Street, Unit 808, Los Angeles, CA 90013	$400,000	1	1	510	–
460 South Spring Street, Unit 1014, Los Angeles, CA 90013	$635,000	1	1	851	–
460 South Spring Street, Unit 1105, Los Angeles, CA 90013	$949,000	2	2	1,260	–
460 South Spring Street, Unit 915, Los Angeles, CA 90013	$625,000	1	1	948	–
460 South Spring Street, Unit 501, Los Angeles, CA 90013	$490,000	1	1	720	–
460 South Spring Street, Unit 1102, Los Angeles, CA 90013	$480,000	1	1	720	–

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeServices California Propert, Dan Mancinelli, DRE #01259427; Berkshire Hathaway HomeServices California Propert, Eric Ciupak, DRE #02055801

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Los Angeles, CA

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