NOT LISTED FOR SALE

Rowan Lofts 460 S Spring St Unit 203 Los Angeles, CA 90013

Downtown LA Neighborhood

Estimated Value: $579,000 - $606,000

1 Bed
1 Bath
810 Sq Ft
$445/mo HOA Fee

Last Sold November 15, 2018

Last sale price $715,000 $883 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $3,675/month

140 Days on Market

Highlights

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

About This Home

As of November 2018

This amazing space offers time to enjoy the ever impressive California indoor/outdoor sun-filled living with an AMAZING west facing unobstructed city view in the heart of the Historic Core of DTLA. Originally built in 1912, The Rowan Lofts is a fine example of the Beaux-Arts architectural style and has been named a historical landmark of L.A. (wit a substantial Mills Act Property tax savings). A unique unit with a spacious, private balcony the length of the entire unit for outdoor dining, entertaining AND relaxing. Perfectly located within walking distance to amazing restaurants, galleries, shops, nightlife, the Red Line Metro, and L.A.'s cultural center. Boasting exposed brick, rich wood flooring, this oversized one bed / one bath loft also includes custom soaking tub, W/D in unit, 10 foot ceilings, designer cabinetry and countertops with all Bosch appliances; On site -24 hour security, Outdoor spas hot & cold, BBQ grills and dog run / Offering 1 year FREE parking / Pet Friendly

Last Agent to Sell the Property

Tiffany Gatto

Smart LA Realty License #01822601 Listed on: 06/07/2018

Last Buyer's Agent

Russell Roney

Keller Williams Larchmont License #01789873

Keller Williams Larchmont

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1912

Lot Details

  • 0.71

HOA Fees

  • $445 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 810 Sq Ft Home
  • Loft
  • Laminate Flooring
  • City Lights Views

Kitchen

  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Covered Space
  • Assigned Parking

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5149-023-028

Community Details

Overview

  • 206 Units
  • 12-Story Property

Amenities

  • Concierge
  • Sundeck
  • Picnic Area
  • Meeting Room
  • 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

Condominium

Year Built

Built in 1912

Lot Details

0

HOA Fees

$445 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Complex Name: The Rowan HOA Association
  • Entry Floor: 2
  • Living Area: 810
  • Planned Urban Dev: 0
  • Stories: 12
  • Year Built: 1912
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Propane Dryer Hookup, Recirculated Exhaust Fan, Washer
  • Price Per S Q F T: 900.00

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Community
  • Pool: Yes
  • View: City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned

Utilities

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

Association/Amenities

  • Amenities: Concierge, Controlled Access, Elevator, Extra Storage, Meeting Room, Onsite Property Management, Picnic Area, Security, Spa, Sun Deck
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 445.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5149-023-028
  • 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
Jun 7, 2018
Closed on
Oct 30, 2018
Sold by
Mcdonald Christopher
Bought by
Murakawa Jason and Nielsen Steven
Seller's Agent
Tiffany Gatto
Smart LA Realty
Buyer's Agent
Russell Roney
Keller Williams Larchmont
List Price
$749,000
Sold Price
$715,000
Premium/Discount to List
-$34,000
-4.54%
Current Estimated Value
$592,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$122,500
Avg. Annual Appreciation
-2.57%

Purchase Details

Closed on
Feb 25, 2009
Sold by
Mcdonald Lupe
Bought by
Mcdonald Christopher

Purchase Details

Closed on
Feb 23, 2009
Sold by
Msgg Rowan Realty Partners Llc
Bought by
Mcdonald Christopher
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Murakawa Jason $715,000 Lawyers Title
Mcdonald Christopher -- First American Title
Mcdonald Christopher $398,000 First American Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2018 11/15/18 Sold $715,000 -1.9% $883 / Sq Ft
08/06/2018 08/06/18 Price Changed $729,000 -2.7% $900 / Sq Ft
06/07/2018 06/07/18 For Sale $749,000 0.0% $925 / Sq Ft
02/11/2016 02/11/16 Rented $3,100 -4.6% --
02/02/2016 02/02/16 For Rent $3,250 -- --
Source: The MLS

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 $1,814 $124,000 $24,800 $99,200
2024 $1,814 $124,000 $24,800 $99,200
2023 $1,792 $124,000 $24,800 $99,200
2022 $1,724 $124,000 $24,800 $99,200
2021 $2,384 $181,000 $36,200 $144,800
2019 $2,467 $183,000 $36,600 $146,400
2018 $2,497 $183,000 $36,600 $146,400
2016 $1,251 $84,000 $16,800 $67,200
2015 $1,242 $84,000 $16,800 $67,200
2014 $1,860 $84,000 $16,800 $67,200
Source: Public Records

Agents Affiliated with this Home

  • Tiffany Gatto

    Seller's Agent in 2018

    Tiffany Gatto

    Smart LA Realty

    (213) 447-4130

    2 in this area

    8 Total Sales

    Tiffany Gatto
    Section Image
  • Russell Roney

    Buyer's Agent in 2018

    Russell Roney

    Keller Williams Larchmont

    (323) 697-5157

    19 in this area

    22 Total Sales

    Russell Roney
    Section Image
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About Rowan Lofts

Map

Source: The MLS

MLS Number: 18-353110

The MLS

APN: 5149-023-028

California Los Angeles County Los Angeles 90013 Downtown LA

460 S Spring St Unit 203, Los Angeles, CA

Not Listed for Sale

Condos

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