Rowan Lofts 460 S Spring St Unit 1113 Los Angeles, CA 90013
Downtown LA NeighborhoodEstimated Value: $538,000 - $603,480
2
Beds
2
Baths
980
Sq Ft
$493/mo
HOA Fee
Highlights
- 24-Hour Security
- 5-minute walk to Pershing Square Station
- 30,787 Sq Ft lot
- In Ground Spa
- City Lights View
- 1-minute walk to Spring Street Park
About This Home
As of November 2016Historic Core, Mills Act & spacious Live/Work space, this loft is located on one of the most vibrant streets in downtown LA. This 11th floor loft with South facing views has 2 bedrooms and 2 bathrooms. Adjacent to Spring Street Park, the building was meticulously converted into innovative, urban-style living spaces showcased by original exposed brick walls and mahogany trimmed windows. This loft features sound reducing, double planed windows, a gourmet kitchen with custom built kitchen island with added storage cabinets, finishes that include Scavolini cabinetry, Bosch appliances, granite counter tops, TOTO bathroom fixtures and wood flooring. Washer/dryer & refrigerator included. The unit owner has the right to have a reserved parking space/s at 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
BUILDER INTELLIGENCE GROUP,INC License #01106746 Listed on: 07/29/2016
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,290
Year Built
- Built in 1912
Lot Details
- 0.71
HOA Fees
- $493 Monthly HOA Fees
Parking
- 1 Car Garage
- Parking Available
- Assigned Parking
- Unassigned Parking
Home Design
- Loft
- Planned Development
Interior Spaces
- 980 Sq Ft Home
- Wood Frame Window
- City Lights Views
- Laundry Room
Kitchen
- Gas 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 Heating and Cooling System
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 63018
- Assessor Parcel Number 5149023196
Community Details
Overview
- Rowan Property Owner's Association
- 13-Story Property
Amenities
- Outdoor Cooking Area
- Community Barbecue Grill
Recreation
- Community Spa
Security
- 24-Hour Security
- Card or Code Access
- Carbon Monoxide Detectors
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 29, 2016
Closed on
Oct 28, 2016
Sold by
Pasternak Cynthia and Pasternak David
Bought by
Howe Daniel
Seller's Agent
Colleen Lakshin
BUILDER INTELLIGENCE GROUP,INC
Buyer's Agent
Michael Barasch
Rodeo Realty
List Price
$719,900
Sold Price
$700,000
Premium/Discount to List
-$19,900
-2.76%
Total Days on Market
68
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$129,630
Avg. Annual Appreciation
1.07%
Original Mortgage
$490,000
Outstanding Balance
$401,406
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$365,594
Purchase Details
Listed on
Aug 12, 2013
Closed on
Sep 27, 2013
Sold by
Stockstill Mason and Stockstill Caroline
Bought by
Pasternak Cynthia and Pasternak David
Seller's Agent
Hyon Chong
AIE Realty Inc
Buyer's Agent
Gil Saraf
Compass
List Price
$485,000
Sold Price
$485,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.57%
Original Mortgage
$388,000
Interest Rate
4.57%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 1, 2010
Sold by
Msgg Rowan Realty Partners Llc
Bought by
Stockstill Mason and An Caroline
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.03%
Mortgage Type
New Conventional
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Howe Daniel | $700,000 | Commonwealth Land Title Co | |
| Pasternak Cynthia | $485,000 | Wfg Title Company | |
| Stockstill Mason | $400,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Howe Daniel | $490,000 | |
| Previous Owner | Pasternak Cynthia | $388,000 | |
| Previous Owner | Stockstill Mason | $320,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/08/2016 11/08/16 | Sold | $700,000 | 0.0% | $714 / Sq Ft |
| 10/05/2016 10/05/16 | Pending | -- | -- | -- |
| 09/22/2016 09/22/16 | Price Changed | $699,950 | -2.8% | $714 / Sq Ft |
| 07/29/2016 07/29/16 | For Sale | $719,900 | +48.4% | $735 / Sq Ft |
| 10/03/2013 10/03/13 | Sold | $485,000 | 0.0% | $564 / Sq Ft |
| 08/12/2013 08/12/13 | For Sale | $485,000 | -- | $564 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $2,290 | $150,000 | $30,000 | $120,000 |
| 2023 | $2,262 | $150,000 | $30,000 | $120,000 |
| 2022 | $2,177 | $150,000 | $30,000 | $120,000 |
| 2021 | $2,977 | $219,000 | $43,800 | $175,200 |
| 2019 | $2,645 | $221,000 | $44,200 | $176,800 |
| 2018 | $3,010 | $221,000 | $44,200 | $176,800 |
| 2016 | $2,119 | $160,000 | $32,000 | $128,000 |
| 2015 | $2,108 | $160,000 | $32,000 | $128,000 |
| 2014 | $2,160 | $157,000 | $31,400 | $125,600 |
Source: Public Records
Agents Affiliated with this Home
-
Colleen Lakshin
C
Seller's Agent in 2016
Colleen Lakshin
BUILDER INTELLIGENCE GROUP,INC
(951) 333-7250
1 in this area
58 Total Sales
-
Michael Barasch
Buyer's Agent in 2016
Michael Barasch
Rodeo Realty
(818) 789-5300
38 Total Sales
-
Hyon Chong
H
Seller's Agent in 2013
Hyon Chong
AIE Realty Inc
(213) 550-7070
3 Total Sales
-
Gil Saraf
G
Buyer's Agent in 2013
Gil Saraf
Compass
(213) 618-6300
7 in this area
12 Total Sales
About Rowan Lofts
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV16166769
APN: 5149-023-196
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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