$750,000
SOLD MAR 6, 2013
2 Beds
2 Baths
1,407 Sq Ft
0.7 Acres

Recently Sold

$533 Per Sq Ft

6% Below List Price

220 Days on Market

Highlights

  • 24-Hour Security
  • 5-minute walk to Pershing Square Station
  • Marble Flooring
  • In Ground Pool
  • Clubhouse
  • 1-minute walk to Spring Street Park

About This Home

As of December 2024

This is your last chance to buy a new unit directly from the Developer - this is the last one remaining!!! This home is a rare gem in one of Downtown's most coveted luxury condo buildings, and it just came on the market! It features beautiful architectural detailing throughout: 100 year-old marble flooring, original crown molding, all Italian Scavolini cabinetry, Caesarstone and Granite counter tops, Bosch appliances, and Kohler fixtures. This unit features an entire double-height wall of glass the full length of the unit, with double-doors that open up to a huge private balcony. It's a rarity to find outdoor space Downtown, much less, of this size! In terms of the building, The Rowan also offers owners the Mills Act Tax savings. Since it is a historic building, owners get anywhere from 65-85% off the usual Property Tax rate. Owners also have the option to opt in on a parking easement with the Old Bankhouse Parking Garage for 2 reserved spaces in a tandem arrangement at $300/month.

Last Agent to Sell the Property

Anne Healy

WRS Enterprises, Inc. License #01879860 Listed on: 07/18/2012

Last Buyer's Agent

Karen Greensweig

Compass License #00589339

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,099

Year Built

  • Built in 1912

Parking

  • 2 Car Garage
  • Parking Garage Space

Interior Spaces

  • 1,407 Sq Ft Home
  • Loft
  • Park or Greenbelt Views
  • Laundry Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Concrete
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • In Ground Pool

Listing and Financial Details

  • Assessor Parcel Number 5149-023-022

Community Details

Overview

  • 206 Units
  • Prime Association
  • High-Rise Condominium
  • Built by Downtown Properties

Amenities

  • Clubhouse
  • Elevator

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,099

Year Built

Built in 1912

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Builder Name: Downtown Properties
  • Complex Name: Rowan
  • Entry Floor: 1
  • Living Area: 1407
  • Planned Urban Dev: 1
  • Unit Floor In Building: 1
  • Year Built: 1912
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Cement, Marble
  • Bedrooms: 2
  • Full Bathroom: 2
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Microwave, Range/Oven
  • Price Per S Q F T: 554.30

Exterior Features

  • Balcony: Yes
  • Tennis Court Y/N: No
  • Exposure: West
  • Pool: Yes
  • View: Green Belt
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Community Garage
  • Total Parking: 2

Utilities

  • Earth Quake Ins: 0
  • Security: 24 Hour

Association/Amenities

  • Amenities: Clubhouse, Elevator, Security
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 578.97
  • Management Company: Prime Association
  • Mgmt Co Phone: 213.627.2965

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5149-023-022

Multi Family

  • Number Of Units: 206

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2024
Closed on
Dec 2, 2024
Sold by
Stoakes Diana Marie
Bought by
Stoakes Paul
Seller's Agent
Heather Bell
The Agency
Buyer's Agent
Jana Ferrari
The One Luxury Properties
List Price
$1,050,000
Sold Price
$950,000
Premium/Discount to List
-$100,000
-9.52%
Views
56
Current Estimated Value
$926,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,422
Avg. Annual Appreciation
-3.83%
Original Mortgage
$807,500
Outstanding Balance
$804,648
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$121,930

Purchase Details

Listed on
Aug 19, 2024
Closed on
Nov 5, 2024
Sold by
Dichter Philip J and Gvirtzman Claudia
Bought by
Stoakes Paul
Seller's Agent
Heather Bell
The Agency
Buyer's Agent
Jana Ferrari
The One Luxury Properties
List Price
$1,050,000
Sold Price
$950,000
Premium/Discount to List
-$100,000
-9.52%
Views
56

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$807,500
Outstanding Balance
$804,648
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$121,930

Purchase Details

Listed on
Jul 18, 2012
Closed on
Feb 27, 2013
Sold by
Msgg Rowan Realty Partners Llc
Bought by
Dichter Philip J and Dichter Claudia Gvirtzman
Seller's Agent
Anne Healy
WRS Enterprises, Inc.
Buyer's Agent
Karen Greensweig
Compass
List Price
$799,900
Sold Price
$750,000
Premium/Discount to List
-$49,900
-6.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.03%
Source: Public Records

Similar Homes in the area

  • 8420 Blackburn Ave Unit 201, Los Angeles, CA 90048

    $850,000

    • 2 Beds
    • 2.5 Baths
    • 1,300 Sq Ft
    • 8420 Blackburn Ave
    • Unit 201
    • Los Angeles, CA

    This 2 bedroom, 2 1/2 bath offers the best value in the area, priced lower then any other on the market! Located in a secured controlled-access building near The Grove, The Beverly Center, Cedar Sinai Hospital, and highly rated school district. This sophisticated 2 bed/3 bath condo that offers incredible natural light throughout, with an open concept living, dining, and kitchen area as well as a

    Scott Rosen Berkshire Hathaway HomeServices California Properties

    Section Image
  • 285 W 6th St, San Pedro, CA 90731

    $596,000

    • 2 Beds
    • 2 Baths
    • 1,030 Sq Ft
    • 285 W 6th St
    • San Pedro, CA

    VIEWS, VIEWS & VIEWS! PRICED TO SELL FAST & MOVE-IN READY! Welcome to Unit #527 — a clean, sophisticated TOP FLOOR (no neighbor above)/CORNER (no neighbor to the north) Condo featuring breathtaking panoramic views of the ocean, waterfront, Port of L.A., city skylines, rooftops & San Pedro Hills, WHICH SETS THIS APART FROM OTHER CONDOS. These stunning vistas create a sense of serenity and

    Priscilla DeVaul Top Producers Realty Partners, Inc.

    Section Image
  • 312 W 5th St Unit 323, Los Angeles, CA 90013

    $569,000

    • 2 Beds
    • 1 Bath
    • 980 Sq Ft
    • 312 W 5th St
    • Unit 323
    • Los Angeles, CA

    Conveniently located at the SB Grand, this rare 2 bedroom spacious open loft with fantastic urban industrial character is located on Broadway in the Historic Core. It features high, open concrete ceilings and hardwood floors throughout. Kitchen boasts solid wood cabinets, stainless steel appliances and granite counters. Bathroom has washer/dryer hookups and oversized soaking tub. The location is

    Rommy Shy Rommy Shy

    Section Image
  • 222 S Central Ave Unit 203, Los Angeles, CA 90012

    $625,000

    • 2 Beds
    • 2 Baths
    • 1,063 Sq Ft
    • 222 S Central Ave
    • Unit 203
    • Los Angeles, CA

    Beautiful and spacious 2-bedroom, 2-bathroom condo located in the heart of Little Tokyo in Downtown Los Angeles. Just steps from the Arts District, Metro lines, and some of LA’s best dining, shopping, and entertainment, this home offers the perfect blend of comfort and convenience. The well-designed layout features bedrooms on opposite sides of the unit, each with walk-in closets and en-suite

    Shena Suleimanova Keller Williams Realty

    Section Image
  • 645 W 9th St Unit 711, Los Angeles, CA 90015

    $777,000

    • 1 Bed
    • 1 Bath
    • 1,050 Sq Ft
    • 645 W 9th St
    • Unit 711
    • Los Angeles, CA

    Price Improvement!! Don't miss this rare chance to own a highly sought-after top-floor Penthouse loft with soaring 14' ceilings and abundant natural light. The expansive floor-to-ceiling windows showcase breathtaking panoramic views of the DTLA skyline - Arguably the finest in the building. Step into an impressive entryway featuring a tall, exposed concrete wall, perfect for showcasing your art

    David Shin Dream Realty & Investments Inc

    Section Image
  • 645 W 9th St Unit 740, Los Angeles, CA 90015

    $785,000

    • 2 Beds
    • 2 Baths
    • 1,190 Sq Ft
    • 645 W 9th St
    • Unit 740
    • Los Angeles, CA

    It seems like you have so many things to check off your list when finding your new home in downtown LA... Which area speaks to you, is safe, has great restaurants, is walkable, and is a community you could call home. Then you see 645 w 9th st #740! It's in South Park your favorite area in downtown. Walking distance to parks, amazing venues, the best restaurants and everything you need. I mean you

    Drew Smyth Real Broker

    Section Image
  • 889 Francisco St Unit 911, Los Angeles, CA 90017

    $799,000

    • 1 Bed
    • 1.5 Baths
    • 870 Sq Ft
    • 889 Francisco St
    • Unit 911
    • Los Angeles, CA

    The building/community, Metropolis is located in the most desirable area of Downtown Los Angeles. Metropolis is an affluent address with the exhilaration and convenience of countless city luxuries. Metropolis life is filled with the beauty, style, and elegance that reflects your personal accomplishments. Business Center with Conference Room, Luxurious Sky Deck with pool, spa, outdoor showers,

    Koeun Hwang Happy Haus Inc.

    Section Image
  • 1100 Wilshire Blvd Unit 1806, Los Angeles, CA 90017

    $890,000

    • 2 Beds
    • 2 Baths
    • 1,300 Sq Ft
    • 1100 Wilshire Blvd
    • Unit 1806
    • Los Angeles, CA

    Exceptional Downtown Living with Breathtaking Views!! Presenting an unparalleled opportunity to own a luxurious residence in the heart of Downtown Los Angeles. This remarkable 18th-floor NE corner unit offers sweeping panoramic views of the iconic DTLA skyline from every angle, delivering an extraordinary living experience. This spacious and bright 2-bedroom, 2-bathroom home features an

    Sophia Chang New Star Realty & Investment

    Section Image
  • 848 Irolo St Unit 105, Los Angeles, CA 90005

    $760,000

    • 3 Beds
    • 2 Baths
    • 1,450 Sq Ft
    • 848 Irolo St
    • Unit 105
    • Los Angeles, CA

    Luxury Living at The Juniper! Spacious, sun-drenched 1,450sq.ft. Southwest corner unit in Mid-Wilshire/Koreatown. High ceilings and a bright, open living room. Expansive primary suite features a large walk-in closet and private en-suite. Two additional generous bedrooms and a second full bath. Elegantly appointed with classic hardwood flooring, in-unit washer/dryer, and a modern kitchen with

    Koeun Hwang Happy Haus Inc.

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Fidelity National Title
Grant Deed $950,000 Fidelity National Title
Grant Deed $750,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $807,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2024 12/10/24 Sold $950,000 -4.5% $675 / Sq Ft
11/17/2024 11/17/24 Pending -- -- --
10/22/2024 10/22/24 Price Changed $995,000 -5.2% $707 / Sq Ft
08/19/2024 08/19/24 For Sale $1,050,000 +40.0% $746 / Sq Ft
03/06/2013 03/06/13 Sold $750,000 -3.8% $533 / Sq Ft
02/23/2013 02/23/13 Pending -- -- --
01/16/2013 01/16/13 Price Changed $779,900 -2.5% $554 / Sq Ft
07/18/2012 07/18/12 For Sale $799,900 -- $569 / Sq Ft
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 $3,099 $950,000 $200,000 $750,000
2024 $3,099 $208,000 $41,600 $166,400
2023 $3,058 $208,000 $41,600 $166,400
2022 $2,902 $208,000 $41,600 $166,400
2021 $4,016 $304,000 $60,800 $243,200
2019 $3,429 $317,000 $63,400 $253,600
2018 $4,184 $317,000 $63,400 $253,600
2016 $2,801 $210,000 $42,000 $168,000
2015 $2,906 $210,000 $42,000 $168,000
2014 $2,852 $174,788 $34,957 $139,831
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 12-613605

The MLS

APN: 5149-023-022