Keller Williams Realty - Jeff Menendez Homes
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Listing Courtesy Of: Compass, 323-593-6999, David Lukan
Local Realty Services Provided By: Keller Williams Realty Los Feliz
Overview
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$550,000
460 S Spring St #1217, Los Angeles, CA 90013
1 Bed
1 Bath
844 sq ft
.71 ac
$550,000

460 S Spring St #1217, Los Angeles, CA 90013

Estimation provided by Keller Williams Realty Inc.
1 Bed
1 Bath
844 sq ft
.71 ac
Active
For Sale

Property Description

**MILLS ACT TAX SAVINGS OF UP TO 80%** Discover a truly unique opportunity to own a stunning top-floor Penthouse loft in the iconic Rowan building. This serene penthouse, perched high on the 12th floor, offers exceptional privacy with no shared walls and a peaceful, interior-facing orientation that shields you from the city's hustle while still flooding the space with natural light through wall-to-wall, oversized mahogany-framed windows overlooking the tranquil atrium courtyard.The loft exudes character with exposed brick walls, soaring 13' brick barreled ceilings, and a charming skylight, all complemented by central HVAC for year-round comfort. Its historic charm is flawlessly paired with modern luxuries, including Scavolini custom kitchen and bathroom cabinetry, sleek stainless steel Bosch appliances, granite countertops, a relaxing soaking tub, and elegant engineered wood flooring. The open-concept gourmet kitchen enhances both functionality and style, perfect for everyday living and entertaining. Residents at The Rowan enjoy premium amenities such as 24-hour private security, a spacious residents' lounge with a kitchenette, a private garden with a barbecue area and outdoor seating, and inviting hot and cold spas. The building is also pet-friendly, welcoming your furry companions. Parking & Storage available for an additional cost. Located in Downtown LA's vibrant Historic Core, right next to Spring Street Park, this loft offers the perfect blend of urban living and peaceful retreat. Plus, benefit from substantial property tax savings (approximately 60-80%) through the Mills Act, making this an incredible investment opportunity. Truly a must see to really capture what this unit and building have to offer.

Property Details

Compare This Home
Overview
Property Type
Condominium
Property Size
844 sq ft
Year Built
1912
Days on Site
29 Days
HVAC
Cooling: Air Conditioning, Central, Heating: Central
Parking
1 Parking Space
HOA Fees
$740/M
Jeff Menendez Homes
Corona/KW CA Premier
01855193

Activity History

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SAVES
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Data provided by Keller Williams Realty, Inc.
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Purchase Price: $550,000
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Price & Tax History

Date
Event
Price
03/11/2025
Price Decrease
$550,000
(-2.65%)
02/20/2025
Listed
$565,000
(+22.83%)
08/19/2013
Sold
$460,000
(+23.49%)
03/19/2012
Sold
$372,500
(+17.14%)
03/05/2009
Sold
$318,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$2,463
(+21.7%)
$145,000
Land 29,000 + Additions 116,000
2022
$2,024
(-27.72%)
$212,000
Land 42,400 + Additions 169,600
2021
$2,800
(+13.41%)
$212,000
Land 42,400 + Additions 169,600
2019
$2,469
(-9.61%)
$214,000
Land 42,800 + Additions 171,200
2017
$2,731
$214,000
Land 42,800 + Additions 171,200
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Car-Dependent Walkable Very Walkable
Jeff Menendez Homes
Corona/KW CA Premier
01855193

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