NOT LISTED FOR SALE

Rowan Lofts 460 S Spring St Unit 1213 Los Angeles, CA 90013

Downtown LA Neighborhood

Estimated Value: $498,000 - $596,438

2 Beds
2 Baths
860 Sq Ft
$654/mo HOA Fee

Last Sold July 27, 2021

Last sale price $575,000 $669 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,679/month

2 Days on Market

Highlights

  • Concierge
  • 5-minute walk to Pershing Square Station
  • City Lights View
  • 24-Hour Security
  • Heated Spa
  • 1-minute walk to Spring Street Park

About This Home

As of July 2021

The historic & much sought-after Rowan Lofts, exquisitely restored & located in the heart of Downtown LAs vibrant Historic District, pays homage to its iconic Beaux-Arts design, whilst embracing modern high-end conveniences. A beautiful lobby, with all the drama of Carrera marble & ornately crafted ceilings, is the opening act. Once inside the unit, 12th floor views, high ceilings, exposed brick walls & hardwood floors sing in perfect harmony w/an open concept layout. A living & dining area dovetail with a modern kitchen w/high gloss cabinetry, stone countertops & stainless-steel appliances. Just beyond is a bedroom + bathroom w/soaking tub & large vanity. There is a guest bathroom off the living area + stack laundry. Amenities include 24-hour security, verdant outdoor areas w/hot & cold spas, BBQs, & chaise lounges. The perfect Live/work space, moments from hip eateries, coffee shops, & Whole Foods. Two parking spots guaranteed with the unit with a monthly fee of $325.

Last Agent to Sell the Property

Peter Lorimer

PLG Estates License #01479846 Listed on: 06/01/2021

Last Buyer's Agent

WILLIAM TONG

License #01903501

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1912

Lot Details

  • 0.71

HOA Fees

  • $654 Monthly HOA Fees

Home Design

  • Entry on the 12th floor

Interior Spaces

  • 860 Sq Ft Home
  • Living Room
  • Dining Area
  • City Lights Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Tandem Parking

Pool

  • Heated Spa
  • In Ground Spa

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 5149-023-213

Community Details

Overview

  • 206 Units
  • Maintained Community
  • 13-Story Property

Amenities

  • Concierge
  • Outdoor Cooking Area
  • Sundeck
  • Community Fire Pit
  • Community Barbecue Grill
  • Meeting Room
  • Recreation Room
  • Elevator
  • Lobby
  • Reception Area

Recreation

  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security
  • Card or Code Access

Property Details

Home Type

Condominium

Year Built

Built in 1912

Lot Details

0

HOA Fees

$654 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: The historic & much sought-after Rowan Lofts, exquisitely restored & located in the heart of Downtown LAs vibrant Historic District, pays homage to its iconic Beaux-Arts design, whilst embracing modern high-end conveniences. A beautiful lobby, with all the drama of Carrera marble & ornately crafted ceilings, is the opening act. Once inside the unit, 12th floor views, high ceilings, exposed brick walls & hardwood floors sing in perfect harmony w/an open concept layout. A living & dining area dovetail with a modern kitchen w/high gloss cabinetry, stone countertops & stainless-steel appliances. Just beyond is a bedroom + bathroom w/soaking tub & large vanity. There is a guest bathroom off the living area + stack laundry. Amenities include 24-hour security, verdant outdoor areas w/hot & cold spas, BBQs, & chaise lounges. The perfect Live/work space, moments from hip eateries and shops.
  • Complex Name: Rowan Lofts
  • Entry Floor: 12
  • Living Area: 860
  • Lot Acreage: 0.7068
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 13
  • Year Built: 1912
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Mixed
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Laundry Closet Stacked
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Microwave, Range/Oven, Refrigerator, Washer, Dryer
  • Price Per S Q F T: 661.63

Exterior Features

  • Pool: No
  • Spa: Heated, In Ground, Community
  • Spa Yn: Yes
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Community Garage, Tandem
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Community, Card/Code Access
  • Sewer: In Street

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Controlled Access, Elevator, Conference, Sun Deck, Outdoor Cooking Area, Spa, Security, Rec Multipurpose Rm, Fire Pit
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • High Rise: Reception Desk, Controlled Access, Entrance Lobby, Concierge
  • HOA Fees: 654.20
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5149-023-213
  • Lot Size Area: 30787

Multi Family

  • Number Of Units: 206

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2009
Sold by
Savary Mikhaile P
Bought by
Savary Jean H
Current Estimated Value
$545,360

Purchase Details

Closed on
Feb 24, 2009
Sold by
Msgg Rowan Realty Partners Llc
Bought by
Savary Mikhaile P and Savary Jean H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,991
Interest Rate
5.31%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 Buyer Sale Price Title Company
Savary Jean H -- First American Title
Savary Mikhaile P $410,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Savary Mikhaile P $327,991
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2021 07/27/21 Sold $575,000 +1.1% $669 / Sq Ft
06/03/2021 06/03/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $569,000 -- $662 / 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 $2,317 $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
2020 $3,046 $221,000 $44,200 $176,800
2019 $2,645 $221,000 $44,200 $176,800
2018 $3,010 $221,000 $44,200 $176,800
2016 $1,511 $102,000 $20,400 $81,600
2015 $2,465 $102,000 $20,400 $81,600
2014 $2,245 $102,000 $20,400 $81,600
Source: Public Records

Agents Affiliated with this Home

  • Peter Lorimer

    Seller's Agent in 2021

    Peter Lorimer

    PLG Estates

    (310) 666-7386

    3 in this area

    160 Total Sales

    Peter Lorimer
    Section Image

  • W

    Buyer's Agent in 2021

    WILLIAM TONG

See All Agents

About Rowan Lofts

Map

Source: The MLS

MLS Number: 21-741988

The MLS

APN: 5149-023-213

California Los Angeles County Los Angeles 90013 Downtown LA

460 S Spring St Unit 1213, Los Angeles, CA

Not Listed for Sale

Condos

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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes