**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.
For sale
Price cut: $15K (3/11)
$550,000
460 S Spring St APT 1217, Los Angeles, CA 90013
1beds
844sqft
Est.:
Residential, Condominium
Built in 1912
-- sqft lot
$544,100 Zestimate®
$652/sqft
$740/mo HOA
What's special
Top-floor penthouse loftSerene penthouseOpen-concept gourmet kitchenHot and cold spasExceptional privacyPrivate gardenNatural light
- 71 days
- on Zillow |
- 173 |
- 16 |
Zillow last checked: 7 hours ago
Listing updated: April 02, 2025 at 06:50am
Listed by:
David Lukan DRE # 01873011 213-700-6515,
Compass 323-593-6999,
Chao Zhu DRE # 02180091 818-284-7560,
Compass
Source: CLAW,MLS#: 25501177

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Living Room
Heating
- Central
Cooling
- Air Conditioning, Central Air
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Microwave, Washer, Range/Oven, Disposal
- Laundry: In Unit
Features
- Built-Ins
- Flooring: Engineered Hardwood
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 844
- Total interior livable area: 844 sqft
Property
Parking
- Total spaces: 1
- Parking features: Off Site, Detached, Community Structure
- Has garage: Yes
- Covered spaces: 1
Features
- Levels: One
- Stories: 12
- Pool features: None
- Spa features: Association Spa, Heated
- Has view: Yes
- View description: Courtyard
Lot
- Size: 0.71 Acres
Details
- Parcel number: 5149023217
- Zoning: LAC4
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Architectural
- Property subtype: Residential, Condominium
- Attached to another structure: Yes
Condition
- Year built: 1912
Community & HOA
Community
- Security: 24 Hour Security, Secured Community, Smoke Detector(s), Carbon Monoxide Detector(s), Card/Code Access, Fire Sprinkler System, Fire and Smoke Detection System
- Subdivision: The Rowan Hoa
HOA
- Has HOA: Yes
- Amenities included: Assoc Barbecue, Landscaping, Conference, Controlled Access, Elevator(s), Spa/Hot Tub, Security, Outdoor Cooking Area, Fire Pit, Storage, Concierge
- HOA fee: $740 monthly
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $652/sqft
- Tax assessed value: $145,000
- Annual tax amount: $2,130
- Date on market: 2/22/2025
- Loading
- Loading