460 S Spring St

460 S Spring St, Los Angeles, CA, 90013

Description

460 S Spring St, known as The Rowan, stands in the Historic Core of Downtown LA. This high-rise building has 14 stories and offers 113 condominium units. Built in 1912 and remodeled in 2008, the structure showcases a Historic Beaux-Arts design. Its architectural features include exposed brick walls and soaring ceilings between 10 to 12 feet high. Unit sizes vary from 450 to 1,407 square feet, with options for 1 and 2 bedrooms. Prices range from $950,000 to $949,000. Over the past year, the average closed price stands at $380,000, with a price per square foot of $610. Units have also seen a lowest sold price around $305,000 recently. Most units spend about 98 days on the market. The Rowan provides an impressive list of amenities. Residents can enjoy a rooftop pool, hot and cold plunge pools, and outdoor BBQ areas. Inside, there is a beautifully restored lobby and community areas, including a lounge and dog run. Additionally, there is a recreation room, game room, and convenience of a meeting room. Nearby attractions enhance living here. Residents have access to Grand Central Market and Spring Street Park, both just a short walk away. Little Tokyo and various shops and restaurants also lie within the area. Parks and vibrant cultural landmarks create an enriched environment. The building provides modern conveniences along with historical charm. Large mahogany-framed windows let in ample natural light. Hardwood floors and soundproofing add to comfort. Additional benefits such as property tax savings through the Mills Act make this building appealing for many buyers. Being close to the intersection of West 1st Street and North Olive Street connects residents to local roads and transit options. The nearest water body is the Los Angeles River, providing a nice setting for nearby leisure walks.