NOT LISTED FOR SALE

Estimated Value: $424,000 - $562,000

1 Bed
1 Bath
800 Sq Ft
$643/mo HOA Fee

Last Sold September 17, 2021

Last sale price $500,000 $625 Per Sq Ft

Current estimated payment $3,446/month

7 Days on Market

Highlights

  • Spa
  • 5-minute walk to Pershing Square Station
  • High Ceiling
  • 0.71 Acre Lot
  • Wood Flooring
  • 1-minute walk to Spring Street Park

About This Home

As of September 2021

HERE IS YOUR OPPORTUNITY TO LIVE & WORK IN DTLA! The Rowan Building was built in 1912 and is situated in the historic core for
DTLA and is part of the Mills Act Historic Preservation that reduces your annual property tax. This unit is on the 3rd floor and looks into
the atrium area with 6 large mahogany windows that allow natural sunlight to enter the unit. The kitchen has upgraded marble counters
with Bosch stove, microwave and dishwasher for all your cooking needs. The open floor plan has 10 foot ceilings, exposed brick walls,
hardwood flooring throughout, in-unit laundry area, tiled bathroom and marble sink. The amenities include 24hr security at the front of the
building, spa/pool area, BBQ area, a private lounge with TV and kitchen and a dog park right next door. This building is short distance to
Grand Central Market, Little Tokyo, Pershing Square, Broad Museum, Walt Disney Concert Hall and Grand Park. There is a farmers
market every Sunday on 5th and Spring Street. HOA includes gas/water/trash. Parking spaces area available for rent in adjacent building.

Last Agent to Sell the Property

Sam Najarian

Redfin Corporation License #01988623 Listed on: 08/11/2021

Redfin Corporation

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1912

Lot Details

  • 0.71

HOA Fees

  • $643 Monthly HOA Fees

Interior Spaces

  • 800 Sq Ft Home
  • Brick Wall or Ceiling
  • High Ceiling
  • Recessed Lighting
  • Living Room
  • Wood Flooring
  • Courtyard Views

Kitchen

  • Gas Oven
  • Gas Range
  • Free-Standing Range
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • Garage
  • Public Parking
  • Parking Available

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System
  • Water Purifier

Additional Features

  • Spa
  • No Common Walls

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 63018
  • Assessor Parcel Number 5149023053
  • $368 per year additional tax assessments

Community Details

Overview

  • Rowan Properties Owners Association, Phone Number (800) 706-7838
  • Prime Association Services HOA
  • Maintained Community

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill

Recreation

  • Community Spa
  • Park
  • Dog Park

Security

  • Controlled Access

Property Details

Home Type

Condominium

Year Built

Built in 1912

Lot Details

0

HOA Fees

$643 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: see listing agent for full list
  • Property Attached: No
  • View: Yes
  • Zoning: LAC4
  • Property Sub Type: Loft
  • Property Type: Residential
  • Parcel Number: 5149023053
  • Year Built: 1912
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 800.00 Square Feet
  • Interior Amenities: Brick Walls, Granite Counters, High Ceilings, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 625.00
  • Room Type: Kitchen, Living Room
  • Spa Features: Community
  • Bathroom Features: Bathtub, Shower In Tub
  • Room Kitchen Features: Granite Counters

Exterior Features

  • View: Courtyard
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Parking: Yes
  • Parking Features: Garage, Public

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Gas Oven, Gas Range, Ice Maker, Microwave, Refrigerator, Water Line to Refrigerator, Water Purifier
  • Heating Type: Central
  • Laundry Features: Electric Dryer Hookup, In Closet, Stackable, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Gas, Maintenance Grounds, Trash, Sewer, Water, Controlled Access, Hot Water
  • Association Fee: 643.00
  • Association Fee Frequency: Monthly
  • Association Name: Rowan Properties Owners Association
  • Phone: 800-706-7838
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Dog Park, Park
  • Association Management: Prime Association Services

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 30787.00
  • Lot Size Acres: 0.7068

Multi Family

  • Lease Considered: No
  • Lot Size Area: 30787.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2073.02
  • Tax Lot: 1
  • Tax Tract Number: 63018
  • TaxOtherAnnualAssessmentAmount: 368.00

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2025
Sold by
Zaldivar Oscar Gutierrez
Bought by
Oscar Gutierrez Living Trust and Zaldivar
Current Estimated Value
$502,120

Purchase Details

Closed on
Jul 9, 2013
Sold by
Ip Dora K
Bought by
Ip Herbert T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,111
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2009
Sold by
Ip Hau
Bought by
Ip Dora K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,200
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2009
Sold by
Msgg Rowan Realty Partners Llc
Bought by
Ip Herbert T and Ip Dora K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,200
Interest Rate
4.99%
Mortgage Type
New Conventional
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
Oscar Gutierrez Living Trust -- None Listed On Document
Ip Herbert T -- Charter Title Company
Ip Dora K -- First American Title
Ip Herbert T $299,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ip Herbert T $229,111
Previous Owner Ip Dora K $239,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2021 09/17/21 Sold $500,000 -2.9% $625 / Sq Ft
08/18/2021 08/18/21 Pending -- -- --
08/11/2021 08/11/21 For Sale $515,000 -- $644 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $2,163 $140,000 $28,000 $112,000
2024 $2,138 $140,000 $28,000 $112,000
2023 $2,112 $140,000 $28,000 $112,000
2022 $2,034 $140,000 $28,000 $112,000
2021 $2,775 $204,000 $40,800 $163,200
2019 $2,903 $206,000 $41,200 $164,800
2018 $2,807 $206,000 $41,200 $164,800
2016 $1,409 $95,000 $19,000 $76,000
2015 $1,399 $95,000 $19,000 $76,000
2014 $2,093 $95,000 $19,000 $76,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PF21176278

California Regional Multiple Listing Service (CRMLS)

APN: 5149-023-053