RENTED APR 27, 2025

Estimated Value: $419,000 - $896,000

1 Bed
1 Bath
800 Sq Ft
30,797 Sq Ft Lot

Highlights

  • 24-Hour Security
  • 5-minute walk to Pershing Square Station
  • Wood Flooring
  • Spa
  • 0.71 Acre Lot
  • 1-minute walk to Spring Street Park

About This Home

As of April 2025

New York Style loft for lease and/or the perfect DTLA Pied a' Tierre in the area's "Old Bank District". Come see this 800sf 1bd/1ba gem in the renowned, full service "Rowan Building" proudly sitting on the NE Corner of Spring & 5th, which transforms itself every Sunday into one of downtowns most eclectic farmers markets! The Rowan Building is one of the Historic Core's most impressive properties dating back to 1912. This special loft boasts 6 massive, original windows sprawled out over the unique footprint allowing in beautiful filtered natural light. Chocolate wide wood planked flooring, Located on the interior of the building keeps this upper floor loft-space much quieter than many of the outward facing units, not near the street & traffic noise, a more peaceful retreat in the midst of urban sprawl!. The gourmet kitchen boasts Scavolini Italian cabinetry, granite countertops, rolling kitchen island and a complete stainless steel appliance package with a commercial-grade oven & stovetop. IN-UNIT Bosch WASHER/DRYER. This Historic Downtown loft features an enormous bathroom with slate tile flooring, TOTO fixtures and large soaking tub. Fantastic common areas including a stunning Grand Mezzanine entrance, Entertaining lounge with kitchenette, dual spas, BBQs, outdoor dining & club chairs in a tropical ground-level breezeway! 24-hour security and recognized as one of the most secure buildings in all of Downtown. Keep the car parked and walk to everything DTLA has to offer, restaurants, bars, shopping, public transportation, boutique hotels and The Grand Central Market is just 2 blocks away! (Parking is not included, but is available in the adjacent Old Bank Parking Garage which securely connects to the building via walkway)

Last Agent to Rent the Property

Randelle Green

Green Mile Properties Inc. License #01717315 Listed on: 04/24/2025

Last Renter's Agent

Randelle Green

Green Mile Properties Inc. License #01717315 Listed on: 04/24/2025

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1912

Lot Details

  • 0.71

Home Design

  • Entry on the 10th floor

Interior Spaces

  • 800 Sq Ft Home
  • Loft
  • Courtyard Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Slate Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Additional Features

  • Spa
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $2,350
  • Tenant pays for electricity, move in fee, move out fee
  • 12 Month Lease Term
  • Assessor Parcel Number 5149-023-175

Community Details

Overview

  • Maintained Community
  • 13-Story Property

Amenities

  • Community Barbecue Grill
  • Meeting Room

Recreation

  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security
  • Controlled Access

Condo Details

Home Type

Condominium

Year Built

Built in 1912

Lot Details

0.71 Acres

Rental Info

  • Lease Option: 1
  • Security Deposit: 2350
  • Tenant Pays: Electricity, Move In Fee, Move Out Fee

Listing Details

  • Property Type: Residential Lease
  • Style: Architectural
  • Single Family Or Apt: Condo/Apt
  • Levels: One
  • Street Number Display: Yes
  • Entry Floor: 10
  • Lease Terms: 1+Year
  • Living Area: 800
  • Lot Acreage: 0.7070
  • Stories: 13
  • Year Built: 1912
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Hardwood, Laminate, Slate
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 2.94

Exterior Features

  • Pool: No
  • Spa: Association Spa, Community
  • Spa Yn: Yes
  • View: Courtyard
  • View: Yes

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Guarded

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Controlled Access, Spa, Meeting Room, Conference
  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 5149-023-175
  • Lot Size Area: 30796

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 2, 2009
Sold by
Msgg Rowan Realty Partners Llc
Bought by
Choi Candace F
Current Estimated Value
$556,576
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Choi Candace F $310,000 First American Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2025 04/27/25 Rented $2,350 0.0% --
04/26/2025 04/26/25 Under Contract -- -- --
04/24/2025 04/24/25 For Rent $2,350 0.0% --
11/21/2014 11/21/14 Rented $2,350 0.0% --
11/21/2014 11/21/14 Under Contract -- -- --
09/22/2014 09/22/14 For Rent $2,350 -- --
Source: The MLS

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 $2,138 $140,000 $28,000 $112,000
2024 $2,138 $140,000 $28,000 $112,000
2023 $2,112 $140,000 $28,000 $112,000
2022 $2,034 $140,000 $28,000 $112,000
2021 $2,775 $204,000 $40,800 $163,200
2019 $2,903 $206,000 $41,200 $164,800
2018 $2,807 $206,000 $41,200 $164,800
2016 $1,409 $95,000 $19,000 $76,000
2015 $1,399 $95,000 $19,000 $76,000
2014 $2,093 $95,000 $19,000 $76,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25528854

The MLS

APN: 5149-023-175

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