Utilizing the previously established general formalism for quantum symmetry reduction in the framework of loop quantum gravity the spectrum of the area operator acting on spherically symmetric states in 4 dimensional pure gravity is investigated. The analysis requires a careful treatment of partial gauge fixing in the classical symmetry reduction and of the reinforcement of SU(2)-gauge invariance for the quantization of the area operator. The eigenvalues of that operator applied to spherically symmetric spin network states have the form A_n propor. sqrt{n(n+2)}, n=0,1,2..., giving A_n propor. n for large n. The result clarifies (and reconciles!) the relationship between the more complicated spectrum of the general (non-symmetric) area operator in loop quantum gravity and the old Bekenstein proposal that A_n propor. n
