ActiveCondominium

460 S Spring Street 1008

Los Angeles, CA, 90013

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$369,000

MLS: 26637847

Beds

0

Baths

1

Sq Ft

510

Lot

0.71 ac

Year Built

1912

MLS #

26637847

Days on Market

85

Listed

Jan 14, 2026

Description

NEW PRICE!! This sun-filled 10th-floor studio loft in the historic Rowan Building puts you right in the heart of DTLA. This serene, well-maintained unit features an exposed-brick wall of huge windows, 9-foot ceilings and hardwood floors. As a legally-designated LIVE/WORK space, you'll enjoy unparalleled night-into-day flexibility thanks to a custom-designed storage system with integrated Murphy Bed that effortlessly folds up and away, allowing you to quickly transform the space from a cozy home into a professional work space. The designer Scavolini kitchen features stainless appliances, a granite countertop, and good storage. There's central heat and air-conditioning, and an in-unit stacked Bosch clothing washer and dryer. The bathroom features a deep soaking tub and shower. The Rowan is a Mills Act building which gives owners up to 70% annual property tax savings. Residents also enjoy a grand, beautifully restored lobby and hallways, 24/7 front desk and reception (rare in DTLA), controlled building and common-area access, a well-maintained 2nd floor WIFI-enabled lounge, outdoor gardens, plunge pools and BBQ grills. Gated, covered parking and bike storage available. Grand Central Market, Spring Street Dog Park, Metro, Gallery Row, Little Tokyo, and tons of live-music venues are all just blocks away. Parking not included -- but available in a public garage next door.

Location

Los Angeles, Los Angeles County, CA 90013

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Listed by: Avery Carroll · Coldwell Banker Realty

Payment estimate

$2,863

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $36,900 · Loan: $332,100

%
Principal & Interest
$2,040
Property tax (1.25%)
$384
Homeowners insurance
$300
Mortgage insurance
$138
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $12,915 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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