NOT LISTED FOR SALE

Estimated Value: $437,000 - $861,000

1 Bed
1 Bath
850 Sq Ft
0.71 Acre Lot

Sale Details

Date Sold: July 20, 2018

Last sale price $675,000 $794 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $3,929 / mo

10 Days on Market

Highlights

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

About This Home

As of July 2018

Stunning loft at the beautiful and historic Rowan Building. Built in 1912 and converted to lofts, The Rowan still retains much of its original character. Elegant lobby, original elevator doors, Carrera marble hallways, lounge, BBQ grill area, lush patio and two spas round out the amenities. The spacious loft has a gorgeous kitchen with Scavolini cabinetry, natural stone counters and Bosch appliances. Exposed brick walls and wood floors throughout. Large windows overlooking Spring Street lets in an abundance of light yet the double pane windows offer a quiet refuge from the bustling city below. The bathroom has beautiful tile, exposed brick and a large soaking tub. Washer & dryer included along with one assigned parking spot (additional $225/month). The building has Mills Act for significant savings on property taxes. Located in the Old Bank District/Historic Core and within walking distance to all your favorite restaurants, coffee shops, bars, cafe's and the new Whole Foods.

Last Agent to Sell the Property

Thomas Alexander

Alexander Premier Properties License #01352795 Listed on: 06/11/2018

Last Buyer's Agent

Young Kim

Masters Realty & Investment License #01999152

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • Built in 1912

Lot Details

  • 0.71

HOA Fees

  • $481 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 850 Sq Ft Home
  • Loft

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • Detached Garage
  • Assigned Parking

Additional Features

  • Dog Run
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5149-023-043

Community Details

Overview

  • Association fees include gas, trash, water and sewer paid
  • 206 Units
  • Maintained Community
  • 13-Story Property

Amenities

  • Concierge
  • Community Barbecue Grill
  • Trash Chute
  • Business Center
  • Meeting Room
  • Lounge
  • Elevator
  • Service Elevator

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 1912

Lot Details

0.71 Acres

HOA Fees

$481 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: The Rowan
  • Entry Floor: 2
  • Living Area: 850
  • Planned Urban Dev: 0
  • Stories: 13
  • Year Built: 1912
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Maids Room: 1
  • Total Bathrooms: 1.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Stackable W/D Hookup, Washer
  • Price Per S Q F T: 763.53

Exterior Features

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

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned, Covered Parking, Detached

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Carbon Monoxide Detector(s), Card/Code Access, Fire and Smoke Detection System, Fire Sprinklers, Resident Manager

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Conference, Controlled Access, Elevator, Security, Spa
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Gas, Trash, Water and Sewer Paid
  • High Rise: Business Center, Concierge, Controlled Access, Dog Run, Entrance Lobby, Lounge, Mid-Rise Building, On-Site Guard, Passenger Elevator, Service Elevator, Trash Chute
  • HOA Fees: 481.38
  • HOA: No

Lot Info

  • Assessor Parcel Number: 5149-023-043
  • Geocode Override: No

Multi Family

  • Number Of Units: 206

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2018
Closed on
Jul 13, 2018
Sold by
Bought by
Seller's Agent
Thomas Alexander
Alexander Premier Properties
Buyer's Agent
Young Kim
Masters Realty & Investment
List Price
$649,000
Sold Price
$675,000
Premium/Discount to List
$26,000
4.01%
Current Estimated Value
$593,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$81,667
Avg. Annual Appreciation
-1.59%
Original Mortgage
$350,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,221
Interest Rate
4.92%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Downtown LA, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$675,000 Provident Title Company
$282,500 First American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $317,000
Closed $350,000
Previous Owner $239,780
Previous Owner $254,221
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/20/2018 07/20/18 Sold $675,000 +4.0% $794 / Sq Ft
06/21/2018 06/21/18 Pending -- -- --
06/11/2018 06/11/18 For Sale $649,000 0.0% $764 / Sq Ft
05/16/2014 05/16/14 Rented $1,900 -19.1% --
05/16/2014 05/16/14 Under Contract -- -- --
04/17/2014 04/17/14 For Rent $2,350 -- --
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,240 $145,000 $29,000 $116,000
2024 $2,214 $145,000 $29,000 $116,000
2023 $2,187 $145,000 $29,000 $116,000
2022 $2,024 $145,000 $29,000 $116,000
2021 $2,800 $212,000 $42,400 $169,600
2019 $2,469 $675,000 $270,000 $405,000
2018 $2,831 $214,000 $42,800 $171,200
2016 $1,383 $99,000 $19,800 $79,200
2015 $1,372 $99,000 $19,800 $79,200
2014 $2,078 $99,000 $19,800 $79,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-353426

The MLS

APN: 5149-023-043

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