460 S Spring Street 1015
Los Angeles, CA, 90013
$499,000
MLS: 26656983
Beds
1
Baths
1
Sq Ft
946
Lot
0.71 ac
Year Built
1912
MLS #
26656983
Days on Market
43
Listed
Feb 26, 2026
Description
Exceptionally priced live/work view residence at The Rowan, one of the Historic Core's most coveted boutique buildings. This tenth-floor home pairs authentic industrial character with refined modern design, featuring soaring ceilings, dramatic exposed brick, and double-height mahogany-framed windows that flood the space with natural light and frame iconic views over Spring Street. The open layout offers one enclosed bedroom, a full bath with in-unit laundry, generous built-out closets, and a thoughtfully designed kitchen with Scavolini cabinetry and stone countertops. Living and dining areas flow seamlessly. Designer lighting throughout reflects a blend of industrial and French influence, including custom glass pendants and an elegant bathroom fixture with unlacquered brass detailing. Completed as part of the building's 2008 - 2009 adaptive reuse conversion, the structure underwent a comprehensive seismic retrofit and installation of three elevator systems, marrying historic character with long-term infrastructure performance. Residents enjoy curated amenities including a second-floor lounge and community space, landscaped garden with jacuzzi and cold plunge, and outdoor entertaining areas. The Rowan offers 24-hour security, onsite management, and substantial Mills Act property tax savings (up to 70%), making this an exceptional opportunity for both end users and investors. Ideally positioned in the heart of Downtown Los Angeles, with the city's continued revitalization and infrastructure investment ahead of the 2028 Olympics. Furnishings available for purchase. A rare opportunity to own architectural character, lifestyle, and value at a compelling price point.
Location
Los Angeles, Los Angeles County, CA 90013
Open on Google Maps ↗Listed by: Christine Kim · The Agency
Payment estimate
$3,766
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $49,900 · Loan: $449,100
- Principal & Interest
- $2,759
- Property tax (1.25%)
- $520
- Homeowners insurance
- $300
- Mortgage insurance
- $187
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 $17,465 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
See Los Angeles, CA 90013 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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