$912,500
SOLD NOV 10, 2016
2 Beds
2 Baths
1,364 Sq Ft
$578/mo HOA Fee

Recently Sold

$669 Per Sq Ft

1% Below List Price

82 Days on Market

Highlights

  • 24-Hour Security
  • 5-minute walk to Pershing Square Station
  • Property is near a park
  • In Ground Spa
  • 30,787 Sq Ft lot
  • 1-minute walk to Spring Street Park

About This Home

As of January 2024

Mills Act & Great Live/Work location, this loft is located on the first floor with easy access for loading and unloading product, a fantastic opportunity for a stunning & spacious two-level loft with 2 bedroom areas, 2 baths (one bedroom is upstairs with a private bath). Adjacent to Spring Street Park and located on one of the most vibrant streets in downtown, the building was meticulously converted into innovative, urban-style living spaces showcased by original exposed brick walls, mahogany trimmed windows & high ceilings. Featuring a gourmet kitchen and large open living area. Finishes include Scavolini cabinetry, Bosch appliances, granite counter tops, TOTO bathroom fixtures and Marble flooring. Washer/dryer & refrigerator included. Sound reducing windows installed in 33% of the loft. The unit owner has the right to have a 2-car tandem parking space in the Bankhouse Garage at an extra cost. The Rowan has been designated a Mills Act Building which rewards owners with a large property tax savings. Shared amenities include 24-hour private security, a residence lounge, a private garden and barbecue area, and outdoor seating with hot and cold spas. Minutes away from Metro-Red Line (Pershing Square) and easy access to Fwy: 110, 10, 101 & 5.

Last Agent to Sell the Property

Colleen Lakshin

BUILDER INTELLIGENCE GROUP,INC License #01106746 Listed on: 07/05/2016

Co-Listed By

William Stevenson

WRS Enterprises License #01036756

Last Buyer's Agent

Drew Gitlin

Coldwell Banker Realty License #00944472

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,955

Year Built

  • Built in 1912

HOA Fees

  • $578 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking
  • Unassigned Parking

Home Design

  • Loft
  • Planned Development

Interior Spaces

  • 1,364 Sq Ft Home
  • Wood Frame Window

Kitchen

  • Built-In Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Location

  • Property is near a park
  • Property is near public transit
  • Urban Location

Additional Features

  • In Ground Spa
  • Two or More Common Walls
  • Central Air

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 63018
  • Assessor Parcel Number 5149023023

Community Details

Overview

  • 13-Story Property

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill

Recreation

  • Community Spa

Security

  • 24-Hour Security
  • Card or Code Access
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,955

Year Built

Built in 1912

Lot Details

0

HOA Fees

$578 per month

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: Bill Stevenson
  • Other Phone Number: 310-367-4133
  • Property Attached: Yes
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Card/Code Access
  • View: No
  • Property Sub Type: Loft
  • Property Type: Residential
  • Parcel Number: 5149023023
  • Year Built: 1912
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1364.00
  • Stories: 13
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: Two
  • Price Per Square Foot: 668.99
  • Room Type: Loft
  • Spa Features: Association, In Ground
  • Window Features: Wood Frames

Exterior Features

  • Spa: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Unassigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Appliances: Built-In Range, Disposal, Microwave, Refrigerator
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Controlled Access, Dues Paid Monthly, Outdoor Cooking Area, Security, Spa/Hot Tub
  • Association Fee: 578.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby, Planned Unit Development, Near Public Transit
  • Lot Size Sq Ft: 30787.00
  • Price Per Lot Square Foot: 30.05

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 63018

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
Views
373
Current Estimated Value
$743,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,570
Avg. Annual Appreciation
0.46%
Original Mortgage
$674,100
Outstanding Balance
$663,705
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$90,613

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
-2.16%
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

Similar Homes in Los Angeles, CA

  • 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
  • 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
  • 957 Figueroa Terrace Unit 103, Los Angeles, CA 90012

    $999,999

    • 2 Beds
    • 2.5 Baths
    • 1,276 Sq Ft
    • 957 Figueroa Terrace
    • Unit 103
    • Los Angeles, CA

    Modern luxury meets rare outdoor living at Residence 103 in 957 Figueroa Terrace. Set in a sleek 2020-built structure with concrete walls and floors, this 2-bed, 2.5-bath ground-level condo delivers a minimalist aesthetic with premium finishes. The open layout features a chef’s kitchen with Bertazzoni appliances, quartz waterfall island, Pedini cabinetry, and floor-to-ceiling sliding glass doors

    Rudy Kusuma PARTNER Real Estate

    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
  • 1569 W Jefferson Blvd, Los Angeles, CA 90018

    $750,000

    • 3 Beds
    • 2.5 Baths
    • 1,311 Sq Ft
    • 1569 W Jefferson Blvd
    • Los Angeles, CA

    APPROXIMATELY $150K IN UPGRADES – NO EXPENSE SPARED!CLOSE TO PRESTIGIOUS USC – Discover this exclusive gated townhome in the heart of historic Jefferson Park, where high-end finishes meet modern functionality.Step into refined urban living with this beautifully upgraded 3-bedroom, 2.5-bathroom residence offering 1,292 sq. ft. of thoughtfully designed space in one of Los Angeles’ most

    Mike Chou K.W. EXECUTIVE

    Section Image
  • 321 S Oxford Ave Unit 606, Los Angeles, CA 90020

    $845,000

    • 2 Beds
    • 2 Baths
    • 1,063 Sq Ft
    • 321 S Oxford Ave
    • Unit 606
    • Los Angeles, CA

    Penthouse 2BD/2BA – Top Floor Luxury Condo in the Heart of Koreatown! Experience elevated living in this top-floor penthouse with no one above you and unmatched panoramic views. This south-facing unit is drenched in natural light, creating a bright, airy atmosphere throughout the day. Located in a secure, modern 38-unit building, this 2-bedroom, 2-bathroom condo offers high-fashion

    Jonathan Kim Equity Union

    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 $749,000 Provident Title Company
Deed -- --
Grant Deed $912,500 Chicago Title Company
Grant Deed $3,655,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $674,100 New Conventional
Previous Owner $450,000 No Value Available
Previous Owner -- No Value Available
Previous Owner $500,000 New Conventional
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: California Regional Multiple Listing Service (CRMLS)

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 $2,955 $193,000 $38,600 $154,400
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

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

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV16145454

California Regional Multiple Listing Service (CRMLS)

APN: 5149-023-023