NOT LISTED FOR SALE

Rowan Lofts 460 S Spring St Unit 1005 Los Angeles, CA 90013

Downtown LA Neighborhood

Estimated Value: $603,000 - $893,000

2 Beds
2 Baths
1,260 Sq Ft
$798/mo HOA Fee

Last Sold March 18, 2020

Last sale price $867,500 $688 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $5,187/month

8 Days on Market

Highlights

  • 24-Hour Security
  • 5-minute walk to Pershing Square Station
  • 30,787 Sq Ft lot
  • Gated Community
  • City Lights View
  • 1-minute walk to Spring Street Park

About This Home

As of March 2020

This Live/Work loft overlooking Spring Street Park is flooded in natural light and showcases the meticulously renovated Rowan Lofts with its exposed brick walls and mahogany windows. This best floor plan in the building has 2 separate bedroom areas, 2 baths, washer/dryer, hardwood floors, designer Scavolini kitchen with a new refrigerator and dishwasher, a Flos chandelier and custom cabinetry built-ins. Hi-tech features include Control4 home control system for lights and motorized shades, Sonos audio system with speakers in every room, and an iPad control at the entry. Building amenities include a community room, kitchenette, two barbeque stations, outdoor dining area, gardens and sunning patio with hot and cold soaking tubs. This historic designated Mills Act building offers owners substantial property tax savings and is centrally located amongst many restaurants, night clubs and retail shopping. 2 reserved Tandem Parking spaces in secure garage next door are available for $350/month

Last Agent to Sell the Property

Bill Cooper

Coldwell Banker Exclusive License #01309009 Listed on: 02/12/2020

Coldwell Banker Exclusive

Last Buyer's Agent

Ryan Hanke

License #01989718

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,175

Year Built

  • Built in 1912

Lot Details

  • 0.71

HOA Fees

  • $798 Monthly HOA Fees

Home Design

  • Entry on the 10th floor

Interior Spaces

  • 1,260 Sq Ft Home
  • Built-In Features
  • Loft
  • Wood Flooring
  • City Lights Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Attached Garage
  • Parking Garage Space
  • Off-Site Parking

Additional Features

  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5149-023-171

Community Details

Overview

  • 207 Units
  • High-Rise Condominium
  • Maintained Community
  • 12-Story Property

Amenities

  • Sundeck
  • Community Barbecue Grill
  • Picnic Area
  • Meeting Room
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,175

Year Built

Built in 1912

Lot Details

0

HOA Fees

$798 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Advertising Remarks: Flooded in natural light and with west views of downtown LA, this Live/Work Loft showcases The Rowan's architectural details like exposed brick walls and original picture windows. Built-in 1912 and restored in 2008, this iconic, best floor plan in the building offers 2 separate bedroom areas and 2 designer baths, washer/dryer, hardwood floors, designer Scavolini kitchen with a new refrigerator and dishwasher, a Flos chandelier and custom cabinetry built-ins. Hi-tech features include Control4 home control system for lights and motorized shades, Sonos audio system with speakers in every room, and an iPad control at the entry. Only one common wall. The Rowan is a landmark of timeless elegance offering a 24/7 attended grand lobby, a residence lounge with kitchenette, an outdoor area with BBQ grills and a hot and cold spa. This historic designated Mills Act building offers owners substantial property tax savings and is centrally located next to Spring Street Park and amongst many favorite restaurants, night clubs and retail shopping. Secured parking is available at an additional fee.
  • Complex Name: Rowan Lofts
  • Entry Floor: 10
  • Living Area: 1260
  • Planned Urban Dev: 0
  • Stories: 12
  • Unit Floor In Building: 10
  • Year Built: 1912
  • Number Of Photos: 46
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet, In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 694.44

Exterior Features

  • Balcony: None
  • Tennis Court Y/N: No
  • Exposure: Western
  • Pool: No
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage, Covered Parking, Garage Is Detached, Offsite
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: 24 Hour, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinklers, Gated

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Controlled Access, Elevator, Gated Community, Hot Water, Meeting Room, Onsite Property Management, Picnic Area, Spa, Sun Deck
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 798.44
  • HOA: Yes
  • Unit Location: UpperFront

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5149-023-171
  • Geocode Override: No
  • Lot Size Area: 30787

Multi Family

  • Number Of Units: 207

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2020
Closed on
Feb 25, 2020
Sold by
Gorog Bryan C and Gorog Cecilia
Bought by
Rataj Mark
Seller's Agent
Bill Cooper
Coldwell Banker Exclusive
Buyer's Agent
Ryan Hanke
List Price
$875,000
Sold Price
$867,500
Premium/Discount to List
-$7,500
-0.86%
Current Estimated Value
$780,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$86,524
Avg. Annual Appreciation
-1.89%

Purchase Details

Closed on
Sep 6, 2012
Sold by
Gorog Bryan C
Bought by
Gorog Bryan C and Gorog Cecilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2009
Sold by
Msgg Rowan Realty Partners Llc
Bought by
Gorog Bryan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.19%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rataj Mark $867,500 Chicago Title
Gorog Bryan C -- Lsi
Gorog Bryan C $529,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gorog Bryan C $396,000
Previous Owner Gorog Bryan C $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2020 03/18/20 Sold $867,500 -0.9% $688 / Sq Ft
02/20/2020 02/20/20 Pending -- -- --
02/12/2020 02/12/20 For Sale $875,000 0.0% $694 / Sq Ft
01/23/2019 01/23/19 Rented $3,500 0.0% --
01/14/2019 01/14/19 Price Changed $3,500 -2.8% $3 / Sq Ft
01/02/2019 01/02/19 Price Changed $3,600 -5.3% $3 / Sq Ft
11/26/2018 11/26/18 Price Changed $3,800 -5.0% $3 / Sq Ft
11/08/2018 11/08/18 Price Changed $4,000 -11.1% $3 / Sq Ft
10/09/2018 10/09/18 For Rent $4,500 +32.4% --
11/10/2014 11/10/14 Rented $3,400 -15.0% --
11/10/2014 11/10/14 Under Contract -- -- --
09/23/2014 09/23/14 For Rent $4,000 -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,175 $213,000 $42,600 $170,400
2024 $3,175 $213,000 $42,600 $170,400
2023 $3,133 $213,000 $42,600 $170,400
2022 $3,013 $213,000 $42,600 $170,400
2021 $4,149 $311,000 $62,200 $248,800
2020 $4,450 $324,000 $64,800 $259,200
2019 $3,628 $324,000 $64,800 $259,200
2018 $4,396 $324,000 $64,800 $259,200
2016 $2,204 $150,000 $30,000 $120,000
2015 $3,082 $150,000 $30,000 $120,000
2014 $2,946 $150,000 $30,000 $120,000
Source: Public Records

Agents Affiliated with this Home

  • Bill Cooper

    Seller's Agent in 2020

    Bill Cooper

    Coldwell Banker Exclusive

    (310) 721-2455

    21 in this area

    35 Total Sales

    Bill Cooper
    Section Image

  • R

    Buyer's Agent in 2020

    Ryan Hanke

  • Christiano Sampaio

    Seller's Agent in 2019

    Christiano Sampaio

    Loftway

    (310) 902-0616

    42 in this area

    60 Total Sales

    Christiano Sampaio
    Section Image
  • Roxanna Godinez

    Buyer's Agent in 2019

    Roxanna Godinez

    DPP

    (213) 706-9016

    11 in this area

    19 Total Sales

    Roxanna Godinez
    Section Image
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About Rowan Lofts

Map

Source: The MLS

MLS Number: 20-553856

The MLS

APN: 5149-023-171

California Los Angeles County Los Angeles 90013 Downtown LA

460 S Spring St Unit 1005, Los Angeles, CA

This home is located at 460 S Spring St Unit 1005, Los Angeles, CA 90013 since 12 February 2020 and is currently estimated at $780,976, approximately $619 per square foot. This property was built in 1912. 460 S Spring St Unit 1005 is a home located in Los Angeles County with nearby schools including Para Los Niños Charter Middle School, John H. Liechty Middle School, and Academic Leadership Community Miguel Contreras Learning Complex.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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