Under ContractCondominium

460 S Spring Street 1013

Los Angeles, CA, 90013

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$454,000

MLS: SB25244216

Beds

2

Baths

2

Sq Ft

860

Lot

0.71 ac

Year Built

1912

MLS #

SB25244216

Days on Market

180

Listed

Oct 23, 2025

Description

Live the best of DTLA life in this sleek 2-bathroom loft on Spring Street in the iconic Rowan building. This cool loft is one of the few units in the building to have an oversized 2-bedroom floorplan, on tax records, (which is currently set up as one big open loft space with one separated bedroom). The layout is such that the bedroom has been sectioned off as a separate room. It also features 10-foot ceilings, exposed brick walls, top of the line appliances and overlooks 5th Street. The large windows let in luscious amounts of light. The sleek kitchen is open to the living room. There’s a roomy bathroom with shower/tub combo en-suite with the private laundry area. 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, on-site dry-cleaning valet and bike storage. All common areas are even WIFI-enabled. Parking is available to rent in the adjacent Old Bank District Garage, which is located directly behind the Rowan, and accessed via a partially gated alley.

Location

Los Angeles, Los Angeles County, CA 90013

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Listed by: Jenny Morant · Compass

Payment estimate

$3,454

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $45,400 · Loan: $408,600

%
Principal & Interest
$2,511
Property tax (1.25%)
$473
Homeowners insurance
$300
Mortgage insurance
$170
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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 $15,890 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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