tomo logo

$399,000

Beds
Unknown
Baths
1.0
sq ft
510

460 S Spring St Unit 1208, Los Angeles, CA 90013

460 S Spring St Unit 1208

Los Angeles, CA 90013

  • 45 days on market
    • Price drop $11,000↓
Sleek studio loft located on one of the most vibrant streets in downtown LA. Adjacent to Spring Street Park, the Rowan building was meticulously converted into innovative, urban-style living spaces showcased by original exposed brick walls and oversized Mahogany trimmed windows. This loft features a gourmet kitchen with Scavolini Italian cabinetry, Bosch stainless steel appliances, granite counter tops, TOTO bathroom fixtures and wood flooring. Washer/dryer & refrigerator included. Shared amenities include private security, a residence lounge, private garden and barbecue area, and outdoor seating with hot and cold spas. The Rowan building homeowners enjoy significant property tax savings up to 75% under the MILLS ACT. Minutes away from Metro-Red Line (Pershing Square) and easy access to Fwy: 110, 10, 101 & 5.

Details

Property type

Condominium

Est. home value

$423,382

Lot size

0.707 acres

Price per sq ft

$783

Year built

1912

Monthly HOA fee

$645.12

Price History

03/13/2025
CLAW

CLAW #25497889

Price change
$399,000
-2.68%
02/12/2025
CLAW

CLAW #25497889

Listed
$410,000
-3.53%
08/12/2022
CRMLS

CRMLS #IV22073470

Sold
$425,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$10
Asking price
$399,000
Closing costs (~8% of asking)
-$31,920
Est. remaining loan balance
-$367,070
Cash to seller
$10

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Absolute Home Mortgage Corp

Loan start date

July 2022

Original loan amount

$382,500

Est. remaining balance

$367,070

Interest rate

5.1%

Loan type

New Conventional, 30 year

Seller

Michael Small

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/29/2025 at 6:50 AM

Listing updated: 03/12/2025 at 5:55 PM

Listed by: Brandon Buhr, PLG Estates Phone #: (310) 788-0700

MLS: CLAW #25497889

CLAW logo

Recently listed in Los Angeles

$700,000|2 bd|1.0 ba|House
$1,997,000|3 bd|2.5 ba|House
$1,704,000|3 bd|2.5 ba|House
$2,775,000|4 bd|5.0 ba|House
$1,100,000|3 bd|3.0 ba|House
$2,749,000|3 bd|2.0 ba|House
$4,299,000|3 bd|3.0 ba|House
$12,995,000|7 bd|8.0 ba|House

Explore top cities in California