Spring Street Financial District

Los Angeles, Los Angeles County, California Listed Ref. 79000489 Historic district
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Spring Street Financial District, California
Photo: Los Angeles, CC BY-SA 3.0, via Wikimedia Commons

Why it's listed

South Spring Street in downtown Los Angeles holds a concentrated group of 26 significant buildings, most put up between about 1900 and the mid-1930s to house banks, insurance companies and investment firms. The stretch, just over three city blocks, was long called the "Wall Street of the West." Development moved south from Fourth Street after the Continental Building, regarded as the city's first skyscraper, and the Hellman Building began the push in 1902. Later additions included the Security Building, Rowan Building, Crocker Bank, the Title Insurance and Trust Building, and the Pacific Stock Exchange. Architects such as John Parkinson, Parkinson & Bergstrom, and Morgan, Walls & Morgan designed many of them. Classical, Commercial and Moderne designs with restrained ornament and similar heights give the street a uniform look. Banks began moving west toward Wilshire Boulevard and Figueroa Street in the 1960s, leaving many buildings partly vacant. Several later structures are noted as intrusions.

Machine-generated summary. This summary was generated by a language model from the official nomination document and has not been reviewed line by line by an editor. It may contain errors. Check the source document before relying on any detail. Source: nomination document (PDF) · catalog entry. Generated October 2026 (model claude-sonnet-5-5, prompt v1.0-2026-10-29).

Period of significance1902
StylesClassical, Commercial and Moderne styles
Areas of significanceEconomics, Architecture
Acreage14.6
Boundary sourceNPS cultural-resource GIS polygon
Full listing pageSpring Street Financial District (property record)

What listing means for this property

This is a historic district. Buildings within its boundary are either contributing (they add to the district's significance) or non-contributing. Owners of contributing income-producing buildings can claim the 20% federal rehabilitation tax credit; homeowners should look at state credits. National Register districts impose no design review by themselves; a local historic district ordinance, if one exists, does (the difference explained).

General information, not legal or tax advice. Rules change; confirm with your State Historic Preservation Office or a qualified adviser.