NOT LISTED FOR SALE

Rowan Lofts 460 S Spring St Unit 104 Los Angeles, CA 90013

Downtown LA Neighborhood

Estimated Value: $723,363 - $896,000

2 Beds
2 Baths
1,140 Sq Ft
$870/mo HOA Fee

Last Sold January 19, 2024

Last sale price $749,000 $657 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,645/month

107 Days on Market

Highlights

  • 24-Hour Security
  • 5-minute walk to Pershing Square Station
  • Art Deco Architecture
  • City Lights View
  • 0.71 Acre Lot
  • 1-minute walk to Spring Street Park

About This Home

As of January 2024

Your opportunity to own a spectacular ground-level loft at the historic Rowan, Beaux Arts masterpiece in the heart of Downtown LA. This rare two-story unit inspires creativity amid soaring ceiling height, massive windows and a dramatic scissor-lift paneled glass door allowing seamless outdoor access and easy transfer of art, gear and furnishings. Crown molding, steel I-beams, exposed brick and Carrara marble flooring play a symphony of early 20th Century design notes, stylishly updated with modern flair. Kitchen and baths are appointed with high-end cabinetry, countertops, fixtures and tile. Floating stairs lead to the mezzanine that will accommodate a bedroom, office, workshop or den. Enjoy 24 hour building security with controlled access, and community areas offering a plunge pool, jacuzzi, lounge, and outdoor dining with gas grills + fire pits. Everything you need is right outside your door at Big Man Bakes, PI LA, KazuNori, Bar Ama, Whole Foods, Alamo Drafthouse and so much more.

Last Agent to Sell the Property

Tracy Do

Coldwell Banker Realty License #01350025 Listed on: 07/25/2023

Coldwell Banker Realty

Co-Listed By

Brian Heffernan

Coldwell Banker Realty License #01736446

Last Buyer's Agent

Paola Acuna

Equity Union License #02052017

Equity Union

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,955

Year Built

  • Built in 1912

Lot Details

  • 0.71

HOA Fees

  • $870 Monthly HOA Fees

Home Design

  • Art Deco Architecture

Interior Spaces

  • 1,140 Sq Ft Home
  • Great Room
  • City Lights Views
  • Laundry in unit

Flooring

  • Concrete
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5149-023-023

Community Details

Overview

  • 206 Units
  • 13-Story Property

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed

Additional Features

  • Elevator
  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,955

Year Built

Built in 1912

Lot Details

0

HOA Fees

$870 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Art Deco
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: The Rowan
  • Entry Floor: 1
  • Living Area: 1140
  • Lot Acreage: 0.7068
  • Planned Urban Dev: 0
  • Stories: 13
  • Unit Floor In Building: 1
  • Year Built: 1912
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Cement, Marble
  • 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 Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Refrigerator
  • Price Per S Q F T: 657.02

Exterior Features

  • Pool: No
  • View: City Lights
  • View: Yes

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Community

Association/Amenities

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

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 870.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5149-023-023
  • Lot Size Area: 30787

Multi Family

  • Number Of Units: 206

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2023
Closed on
Jan 3, 2024
Sold by
Hardy Family Trust
Bought by
Olea Sarah Loraine
Seller's Agent
Tracy Do
Coldwell Banker Realty
Buyer's Agent
Paola Acuna
Equity Union
List Price
$749,000
Sold Price
$749,000
Total Days on Market
107
Views
373
Current Estimated Value
$806,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,841
Avg. Annual Appreciation
5.54%
Original Mortgage
$674,100
Outstanding Balance
$665,514
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$141,327

Purchase Details

Closed on
Apr 14, 2017
Sold by
Fairb
Bought by
Dias

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.08%

Purchase Details

Listed on
Jul 5, 2016
Closed on
Nov 3, 2016
Sold by
Fair Breeze Company Limited
Bought by
Hardy Michael W and Hardy Sharon C
Seller's Agent
Colleen Lakshin
BUILDER INTELLIGENCE GROUP,INC
Buyer's Agent
Drew Gitlin
Coldwell Banker Realty
List Price
$925,000
Sold Price
$912,500
Premium/Discount to List
-$12,500
-1.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.43%
Original Mortgage
$500,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2011
Sold by
Msgg Rowan Realty Partners L L C
Bought by
Fair Breeze Company Limited
Source: Public Records

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Range of Values:

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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
Olea Sarah Loraine $749,000 Provident Title Company
Dias -- --
Hardy Michael W $912,500 Chicago Title Company
Fair Breeze Company Limited $3,655,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olea Sarah Loraine $674,100
Previous Owner Dias $450,000
Previous Owner Dias --
Previous Owner Hardy Michael W $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Sold $749,000 0.0% $657 / Sq Ft
11/09/2023 11/09/23 Pending -- -- --
07/25/2023 07/25/23 For Sale $749,000 -17.9% $657 / Sq Ft
11/10/2016 11/10/16 Sold $912,500 -1.4% $669 / Sq Ft
09/25/2016 09/25/16 Pending -- -- --
07/05/2016 07/05/16 For Sale $925,000 -- $678 / 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
2024 $2,955 $193,000 $38,600 $154,400
2023 $2,917 $193,000 $38,600 $154,400
2022 $2,807 $193,000 $38,600 $154,400
2021 $3,839 $282,000 $56,400 $225,600
2019 $3,380 $293,000 $58,600 $234,400
2018 $3,979 $293,000 $58,600 $234,400
2016 $2,323 $163,000 $32,600 $130,400
2015 $2,797 $163,000 $32,600 $130,400
2014 $2,741 $163,000 $32,600 $130,400
Source: Public Records

Agents Affiliated with this Home

  • Tracy Do

    Seller's Agent in 2024

    Tracy Do

    Coldwell Banker Realty

    (323) 842-4001

    9 in this area

    858 Total Sales

    Tracy Do
    Section Image
  • Brian Heffernan

    Seller Co-Listing Agent in 2024

    Brian Heffernan

    Coldwell Banker Realty

    (619) 316-4412

    6 in this area

    53 Total Sales

    Brian Heffernan
    Section Image

  • P

    Buyer's Agent in 2024

    Paola Acuna

    Equity Union

    (818) 989-2000

    1 in this area

    1 Total Sale

    Paola Acuna
    Section Image

  • C

    Seller's Agent in 2016

    Colleen Lakshin

    BUILDER INTELLIGENCE GROUP,INC

    (951) 333-7250

    1 in this area

    58 Total Sales

    Colleen Lakshin
    Section Image

  • W

    Seller Co-Listing Agent in 2016

    William Stevenson

    WRS Enterprises

  • Drew Gitlin

    Buyer's Agent in 2016

    Drew Gitlin

    Coldwell Banker Realty

    (310) 415-1968

    50 Total Sales

    Drew Gitlin
    Section Image
See All Agents

About Rowan Lofts

Map

Source: The MLS

MLS Number: 23-294051

The MLS

APN: 5149-023-023

California Los Angeles County Los Angeles 90013 Downtown LA

460 S Spring St Unit 104, Los Angeles, CA

This home is located at 460 S Spring St Unit 104, Los Angeles, CA 90013 since 25 July 2023 and is currently estimated at $806,841, approximately $707 per square foot. This property was built in 1912. 460 S Spring St Unit 104 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.
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