$485,000
SOLD OCT 3, 2013

Rowan Lofts 460 S Spring St Unit 1113 Los Angeles, CA 90013

Downtown LA Neighborhood
2 Beds
2 Baths
860 Sq Ft
0.71 Acres

Recently Sold

$564 Per Sq Ft

4 Days on Market

Highlights

  • 24-Hour Security
  • 5-minute walk to Pershing Square Station
  • 30,787 Sq Ft lot
  • In Ground Pool
  • Gated Parking
  • 1-minute walk to Spring Street Park

About This Home

As of November 2016

A trendy Downtown favorite in the Old Bank District, ROWAN LOFTS. This urban style loft features exposed brick walls, 10 foot high ceilings, beautifully restored large 10' X 10' mahogany framed windows, BOSCH stainless steel appliances (dishwasher, range, & stackable washer/dryer), granite counter-tops, Italian Scavolini cabinetry, & Kohler fixtures. Beautifully large customized kitchen island with abundant cabinet space and great for table & seating. Amenities include modern style residence lounge with kitchenette, barbecue area, outdoor table & seating, spa, pet area and private security. Enjoy the new downtown SPRING STREET PARK, its right next door! Rowan is qualified for the MILLS ACT TAX SAVINGS, where homeowners get anywhere from 65%-85% off the usual property tax rate. Parking is an extra $150 for unreserved, $200 for reserved, & $300 for tandem. Storage space available too! AGENTS PLEASE READ PRIVATE REMARKS.

Last Agent to Sell the Property

Hyon Chong

AIE Realty Inc License #01719866 Listed on: 08/12/2013

Last Buyer's Agent

Gil Saraf

Compass License #01335931

Compass

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $2,290

Year Built

  • Built in 1912

Home Design

  • Entry on the 11th floor

Interior Spaces

  • 860 Sq Ft Home
  • Built-In Features
  • Loft
  • Wood Flooring
  • Courtyard Views
  • Laundry closet

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Garage
  • Gated Parking
  • Off-Site Parking

Utilities

  • Air Conditioning
  • Central Heating

Additional Features

  • In Ground Pool
  • 0.71 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 5149-023-196

Community Details

Overview

  • 206 Units
  • High-Rise Condominium

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Elevator
  • Community Storage Space

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Co-Op

Est. Annual Taxes

$2,290

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: High or Mid-Rise Condo
  • Street Number Display: Yes
  • Complex Name: ROWAN LOFTS
  • Entry Floor: 11
  • Living Area: 860
  • Planned Urban Dev: 0
  • Unit Floor In Building: 11
  • Year Built: 1912
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Hardwood, Mixed
  • Bedrooms: 2
  • Full Bathroom: 2
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet, In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Garbage Disposal, Range/Oven
  • Price Per S Q F T: 563.95

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Community
  • Pool: Yes
  • View: Courtyard, Walk Street
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Covered Parking, Detached, Garage Is Detached, Offsite, Parking Space

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: 24 Hour

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Pet Rules, Clubhouse, Controlled Access, Elevator, Extra Storage, Gated Community Guard, Gated Parking, Onsite Property Management, Outdoor Cooking Area, Picnic Area, Pool, Spa
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 492.32

Lot Info

  • Assessor Parcel Number: 5149-023-196
  • Geocode Override: No
  • Lot Size Area: 30787

Multi Family

  • Number Of Units: 206

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%
Current Estimated Value
$561,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$138,667
Avg. Annual Appreciation
-2.43%
Original Mortgage
$490,000
Outstanding Balance
$395,177
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$167,490

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
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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 $700,000 Commonwealth Land Title Co
Grant Deed $485,000 Wfg Title Company
Grant Deed $400,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $490,000 New Conventional
Previous Owner $388,000 New Conventional
Previous Owner $320,000 New Conventional
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: 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 $2,290 $150,000 $30,000 $120,000
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

  • C

    Seller's Agent in 2016

    Colleen Lakshin

    BUILDER INTELLIGENCE GROUP,INC

    (951) 333-7250

    1 in this area

    59 Total Sales

    Colleen Lakshin
    Section Image
  • Michael Barasch

    Buyer's Agent in 2016

    Michael Barasch

    Rodeo Realty

    (818) 789-5300

    35 Total Sales

    Michael Barasch
    Section Image

  • H

    Seller's Agent in 2013

    Hyon Chong

    AIE Realty Inc

    (213) 550-7070

    3 Total Sales

    Hyon Chong
    Section Image

  • G

    Buyer's Agent in 2013

    Gil Saraf

    Compass

    (213) 618-6300

    4 in this area

    9 Total Sales

    Gil Saraf
    Section Image
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About Rowan Lofts

Map

Source: The MLS

MLS Number: 13-696043

The MLS

APN: 5149-023-196

California Los Angeles County Los Angeles 90013 Downtown LA

460 S Spring St Unit 1113, Los Angeles, CA

This home is located at 460 S Spring St Unit 1113, Los Angeles, CA 90013 and is currently priced at $485,000, approximately $563 per square foot. This property was built in 1912. 460 S Spring St Unit 1113 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.

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