NOT LISTED FOR SALE

Rowan Lofts 460 S Spring St Unit 307 Los Angeles, CA 90013

Downtown LA Neighborhood

Estimated Value: $489,000 - $559,000

1 Bed
1 Bath
890 Sq Ft
$474/mo HOA Fee

Last Sold June 05, 2017

Last sale price $620,000 $697 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $3,551/month

8 Days on Market

Highlights

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

About This Home

As of June 2017

Original Mahogany picture windows let abundant natural light in while framing partial views of downtown LA's skyline from this character-filled loft at the Rowan. Architectural details like exposed brick walls are preserved in this iconic 1920's landmark, restored and outfitted with modern amenities in 2005 like fine Italian kitchen, Caesarstone counters, Bosch stainless steel appliances, Toto bath fixtures and Birch wood floors throughout. The Rowan is a landmark of timeless elegance offering an attended grand lobby, a residence lounge, an outdoor patio with BBQ grills and hot & cold plunge pools. Enjoy dining, entertainment and all that the Old Bank District has to offer including pet friendly Spring Street Park. Take advantage of an estimated 65-86% reduction in property taxes through the Mills Act.

Last Agent to Sell the Property

Agnes Ferreyra

Realty Source Incorporated License #01799633 Listed on: 03/21/2017

Co-Listed By

Jessica Robertson

Keller Williams Huntington Beach License #01436045

Last Buyer's Agent

Omar Bardumyan

Keller Williams Real Estate Services License #01835366

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,079

Year Built

  • Built in 1912

Lot Details

  • 0.71

HOA Fees

  • $474 Monthly HOA Fees

Property Views

  • City
  • Park or Greenbelt

Interior Spaces

  • 890 Sq Ft Home
  • Living Room
  • Dining Area

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5149-023-050

Community Details

Overview

  • 206 Units
  • 12-Story Property

Amenities

  • Sundeck
  • Community Barbecue Grill
  • Clubhouse
  • Elevator

Recreation

  • Fitness Center
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Controlled Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,079

Year Built

Built in 1912

Lot Details

0

HOA Fees

$474 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Complex Name: Rowan Property Owner's Association
  • Entry Floor: 3
  • Living Area: 890
  • Planned Urban Dev: 0
  • Stories: 12
  • Unit Floor In Building: 3
  • Year Built: 1912
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 702.25

Exterior Features

  • Tennis Court Y/N: No
  • Pool: Yes
  • View: City, Green Belt, Tree Top
  • View: Yes

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Community, Fire Sprinklers, Smoke Detector

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Clubhouse, Controlled Access, Elevator, Fitness Center, Spa, Sun Deck
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 473.99
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5149-023-050
  • Geocode Override: No
  • Lot Size Area: 30787

Multi Family

  • Number Of Units: 206

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2017
Sold by
Daniel Stephanie
Bought by
Boyajian Armen James
Total Days on Market
8
Current Estimated Value
$517,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2009
Sold by
Msgg Rowan Realty Partners Llc
Bought by
Daniel Stephanie and Seymour Winfred W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
5.18%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Boyajian Armen James $620,000 Old Republic Title Company
Daniel Stephanie $345,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boyajian Armen James $496,000
Previous Owner Daniel Stephanie $276,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2017 06/05/17 Sold $620,000 -0.8% $697 / Sq Ft
03/21/2017 03/21/17 For Sale $625,000 -- $702 / 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
2024 $2,079 $136,000 $27,200 $108,800
2023 $2,054 $136,000 $27,200 $108,800
2022 $1,978 $136,000 $27,200 $108,800
2021 $2,708 $199,000 $39,800 $159,200
2019 $2,836 $201,000 $40,200 $160,800
2018 $2,739 $201,000 $40,200 $160,800
2016 $1,379 $93,000 $18,600 $74,400
2015 $1,369 $93,000 $18,600 $74,400
2014 $2,039 $93,000 $18,600 $74,400
Source: Public Records

Agents Affiliated with this Home

  • Agnes Ferreyra

    Seller's Agent in 2017

    Agnes Ferreyra

    Realty Source Incorporated

    (213) 458-0787

    35 in this area

    56 Total Sales

    Agnes Ferreyra
    Section Image
  • Jessica Robertson

    Seller Co-Listing Agent in 2017

    Jessica Robertson

    Keller Williams Huntington Beach

    (213) 249-5760

    1 in this area

    23 Total Sales

    Jessica Robertson
    Section Image

  • O

    Buyer's Agent in 2017

    Omar Bardumyan

    Keller Williams Real Estate Services

See All Agents

About Rowan Lofts

Map

Source: The MLS

MLS Number: 17-213434

The MLS

APN: 5149-023-050

California Los Angeles County Los Angeles 90013 Downtown LA

460 S Spring St Unit 307, Los Angeles, CA

This home is located at 460 S Spring St Unit 307, Los Angeles, CA 90013 since 21 March 2017 and is currently estimated at $517,351, approximately $581 per square foot. This property was built in 1912. 460 S Spring St Unit 307 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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