$470,000
SOLD JUN 30, 2026
1 Bed
1 Bath
946 Sq Ft
0.71 Acre Lot

Sale Details

Date Sold: June 30, 2026

$497 Per Sq Ft

6% Below List Price

99 Days on Market

Highlights

  • Concierge
  • Heated Spa
  • Panoramic View
  • 24-Hour Security
  • Gourmet Kitchen
  • 0.71 Acre Lot

About This Home

As of June 2026

Exceptionally priced live/work view residence at The Rowan, one of the Historic Core's most coveted boutique buildings. This tenth-floor home pairs authentic industrial character with refined modern design, featuring soaring ceilings, dramatic exposed brick, and double-height mahogany-framed windows that flood the space with natural light and frame iconic views over Spring Street. The open layout offers one enclosed bedroom, a full bath with in-unit laundry, generous built-out closets, and a thoughtfully designed kitchen with Scavolini cabinetry and stone countertops. Living and dining areas flow seamlessly. Designer lighting throughout reflects a blend of industrial and French influence, including custom glass pendants and an elegant bathroom fixture with unlacquered brass detailing. Completed as part of the building's 2008 - 2009 adaptive reuse conversion, the structure underwent a comprehensive seismic retrofit and installation of three elevator systems, marrying historic character with long-term infrastructure performance. Residents enjoy curated amenities including a second-floor lounge and community space, landscaped garden with jacuzzi and cold plunge, and outdoor entertaining areas. The Rowan offers 24-hour security, onsite management, and substantial Mills Act property tax savings (up to 70%), making this an exceptional opportunity for both end users and investors. Ideally positioned in the heart of Downtown Los Angeles, with the city's continued revitalization and infrastructure investment ahead of the 2028 Olympics. Furnishings available for purchase. A rare opportunity to own architectural character, lifestyle, and value at a compelling price point.

Last Agent to Sell the Property

Christine Kim

The Agency License #01914081 Listed on: 02/26/2026

The Agency

Co-Listed By

Olga Collatin

Christie's International Real Estate SoCal License #01324954

Last Buyer's Agent

Victor Vasquez

VVRE Group Inc License #01947013

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Property Details

Home Type

  • Condominium

Year Built

  • Built in 1912 | Remodeled

Lot Details

  • North Facing Home
  • Gated Home
  • Historic Home

HOA Fees

  • $834 Monthly HOA Fees

Property Views

  • Panoramic
  • Views of a landmark

Home Design

  • Midcentury Modern Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 946 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Brick Wall or Ceiling
  • High Ceiling
  • Double Pane Windows
  • Insulated Doors
  • Dining Area

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven
  • Gas Cooktop
  • Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Engineered Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom
  • Low Flow Toliet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer

Home Security

  • Security Lights
  • Closed Circuit Camera

Pool

  • Heated Spa

Utilities

  • Air Conditioning
  • Central Heating
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 5149-023-181

Community Details

Overview

  • Association fees include gas, concierge, water and sewer paid, building and grounds, clubhouse, trash, insurance
  • 206 Units
  • Maintained Community

Amenities

  • Concierge
  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Meeting Room
  • Lounge
  • Elevator
  • Reception Area

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Card or Code Access
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 1912 | Remodeled

Lot Details

0.71 Acres

HOA Fees

$834 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Mid-Century
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Rowan Property Owners Association
  • Disability Access: 32 inch or more wide doors, Doors w/Lever Handles, Entry Slope Less than 1 foot
  • Entry Floor: 1
  • Entry Location: Ground Level - no steps
  • Living Area: 946
  • Lot Acreage: 0.7070
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Year Built: 1912
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: Brick Walls, High Ceilings (9 Feet+)
  • Flooring: Hardwood, Engineered Hardwood, Tile, Marble
  • Appliances: Cooktop - Gas, Oven, Microwave
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bedroom, All Bedrooms Down
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Over Tub, Low Flow Toilet(s)
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Counter / Bar, Breakfast Area, Kitchen Island
  • Kitchen Features: Granite Counters, Gourmet Kitchen, Remodeled, Stone Counters, Counter Top
  • Laundry: In Unit, Inside, Laundry Area, In Closet, Laundry Closet Stacked
  • Total Bathrooms: 1.00
  • Equipment: Built-Ins, Dryer
  • Price Per S Q F T: 527.48
  • Windows: Double Pane Windows

Exterior Features

  • Direction Faces: North
  • Construction: Brick
  • Other Features: High Ceilings (9 Feet+), Historical, Insulated Doors
  • Exposure: Northwest
  • Pool: No
  • Spa: Association Spa, Heated with Gas
  • Spa Yn: Yes
  • View: City Lights, City, Any, Skyline, Landmark, Panoramic
  • View: Yes

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: 24 Hour, Card/Code Access, Exterior Security Lights, Fire and Smoke Detection System, Fire Sprinklers, Gated Community with Guard, Gated, Resident Manager
  • Sewer: In Street
  • Water: Public, In Street

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Meeting Room, Onsite Property Management, Outdoor Cooking Area, Concierge, Controlled Access, Elevator, Security, Gated Community, Gated Community Guard
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA #2 Fee Frequency: Monthly
  • Association Fees Include: Gas, Concierge, Water and Sewer Paid, Building and Grounds, Clubhouse, Trash, Insurance
  • High Rise: 24-Hour Concierge, Entrance Lobby, Lounge, 24-Hour Closed Circuit Building, Reception Desk, Passenger Elevator, Private Storage Lockers for Res
  • HOA Fees: 834.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5149-023-181
  • Lot Size Area: 30796

Rental Info

  • Furnished: Furnished Or Unfurnished

Multi Family

  • Number Of Units: 206

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2019
Closed on
Apr 22, 2019
Sold by
Bought by
Seller's Agent
Laurie Zeiger Dodd
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Susan Hillier
List Price
$650,000
Sold Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.88%
Original Mortgage
$484,350
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,500
Interest Rate
4.95%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $650,000 California Title Company
Grant Deed $370,000 First American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $482,000 New Conventional
Closed $484,350 New Conventional
Previous Owner $347,000 New Conventional
Previous Owner $324,500 New Conventional
Previous Owner $327,000 New Conventional
Previous Owner $314,500 New Conventional
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2026 06/30/26 Sold $470,000 -5.8% $497 / Sq Ft
06/05/2026 06/05/26 Pending -- -- --
02/26/2026 02/26/26 For Sale $499,000 -23.2% $527 / Sq Ft
05/10/2019 05/10/19 Sold $650,000 0.0% $687 / Sq Ft View Prior Sale
04/20/2019 04/20/19 Pending -- -- --
04/11/2019 04/11/19 For Sale $650,000 -- $687 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,210 $143,000 $28,600 $114,400
2024 $2,184 $143,000 $28,600 $114,400
2023 $2,158 $143,000 $28,600 $114,400
2022 $2,078 $143,000 $28,600 $114,400
2021 $2,760 $209,000 $41,800 $167,200
2019 $2,841 $211,000 $42,200 $168,800
2018 $2,874 $211,000 $42,200 $168,800
2016 $1,439 $97,000 $19,400 $77,600
2015 $1,429 $97,000 $19,400 $77,600
2014 $2,136 $97,000 $19,400 $77,600
Source: Public Records

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Map

Source: The MLS

MLS Number: 26656983

The MLS

APN: 5149-023-181

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