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460 South Spring Street, 205, Los Angeles, CA 90013

$370K0bd · 1ba · 450 sqft
Lot 30,796 sqft•HOA $722/mo•Condominium•
Active
•56d on market•MLS# 00-26874423

Property Description

Very rare loft space in the Rowan Building. Oversized private outdoor patio, with floor to ceiling windows and double french doors. Live among the treetops in the middle of the Historic Core in Downtown LA, overlooking the Spring Street Park. Step onto your own huge private patio in your robe with a coffee in hand before heading to work, or entertain in style in the warm summer evenings! This stellar pied-a-terre or studio home is flooded with natural light and has soaring 12 ft ceilings, wood floors, sharp, refined finishes and a charcoal tiled bathroom, and designer kitchen. Building amenities include 24-hr front desk and reception / guard, hot and cold plunge pools, enchanting outdoor dining / BBQ area. Mills Act buiding with substantial property tax savings. Situated among Downtown LA's best restaurants, boutiques, coffee shops, cafe's, and art galleries!

Features & Amenities

FeeBuilt 1912

Property Details

Land Type
Fee
Year Built
1912
Property Type
Residential
Property Subtype
Condominium
Heating
Central
Cooling
Central Air
View
City Lights, Trees/Woods
Flooring
Tile, Wood
City
Los Angeles
Zip Code
90013
County
Los Angeles
Listed byCompass, Mark Priceman

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,870.92
Principal & Interest
Loan Amount
$296,000
Total Interest
$377,532
Total Payment Over 30 Years
$673,532
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

460 South Spring Street, 205, Los Angeles, CA 90013

Los Angeles · Condominium

$370K
Affordable Tier
Beds
0
Baths
1
Sqft
450
Lot
30,796 sqft
Year
1912
$/Sqft
$822
Pool: Yes✓
Spa: Yes✓
View: city✓

Listed 10.8% below the median closed sale of $415,000. Price per sqft ($822) is a 11% premium to closed comps ($743).

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $370K· $822/sqft
Total list price
Closed comps
vs closed median $415K
−$45K (−10.8%)
Active comps
vs active median $490K
−$120K (−24.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,058
−$236 (−22.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
460 Spring StreetLos Angeles19120147030,796$891$419,00062486
400 BroadwayLos Angeles20191147036,154$1,043$490,00035480
889 FranciscoLos Angeles20170148098,939$1,000$480,00021978
889 FranciscoLos Angeles20170148098,939$1,250$600,00021978
400 BroadwayLos Angeles20211151236,291$1,104$565,00037776
Total: 5 · Average0.41.0482.460,223.8$1,057.6$510,800358.6
Median480$490,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
9202 National BoulevardLos Angeles192710/08/20261145214,587$545,000$510,000$1,1280.944986
6151 Orange StreetLos Angeles197409/10/20261156925,006$419,950$415,000$7290.997078
904 New Hampshire AvenueLos Angeles202410/02/2026115730$299,999$325,000$5671.086077
7250 FranklinLos Angeles196409/30/20260153653,531$300,000$275,000$5130.926876
119 Rosemont AvenueLos Angeles192710/08/2026115918,004$485,000$460,000$7780.952974
Total: 5 · Average0.81.0544.225,282$397,000$397,000$743—55.2
Median569$415,000$415,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.