Rowan Lofts 460 S Spring St Unit 413 Los Angeles, CA 90013
Downtown LA Neighborhood
2
Beds
2
Baths
860
Sq Ft
$626/mo
HOA Fee
About This Home
As of December 2021Park your car, stroll to dinner at any of LA's best restaurants, then head to the Ace Theater for a concert and stop off for a nightcap at Clifton's. The best of LA is at your doorstep! The Rowan is DTLA's premier historic building in the heart of the Historic Core.High ceilings, exposed brick, and historic charm. This sophisticated loft has wall to wall mahogany picture windows allowing tons of light and city views. Owners have fitted all original windows with custom sound dampening windows making this an incredibly peaceful, quiet retreat. You will love having a drink and watching the city below. A sophisticated open-plan loft with a separate bedroom offering privacy and 2 bathrooms. High end appliances throughout including Bosch washer/dryer and stove. Building features 24 hr concierge/security, spa/bbq area, dog run, park access, basement storage, and adjacent secure parking. Rowan is designated as a Mills Act building, giving owners up to 70% off their property taxes.
Last Agent to Sell the Property
Mark Duncan
eXp Realty of California Inc License #01999098 Listed on: 09/13/2019
Last Buyer's Agent
Michelle Carr Quintana
Berkshire Hathaway HomeServices CA Properties License #02033294
Property Details
Home Type
Condominium
Est. Annual Taxes
$2,290
Year Built
1912
Lot Details
0
HOA Fees
$626 per month
Listing Details
- Property Type: Residential
- Property Sub Type: Condominium
- Property Style: High or Mid-Rise Condo
- Advertising Remarks: Park your car, stroll to dinner at any of LA's best restaurants, then head to the Ace Theater for a concert and stop off for a nightcap at Clifton's. The best of LA is at your doorstep! The Rowan is DTLA's premier historic building in the heart of the Historic Core.High ceilings, exposed brick, and historic charm. This sophisticated loft has wall to wall mahogany picture windows allowing tons of light and city views. Owners have fitted all original windows with custom sound dampening windows making this an incredibly peaceful, quiet retreat. You will love having a drink and watching the city below. A sophisticated open-plan loft with a separate bedroom offering privacy and 2 bathrooms. High end appliances throughout including Bosch washer/dryer and stove. Building features 24 hr concierge/security, spa/bbq area, dog run, park access, basement storage, and adjacent secure parking.The Rowan is designated as a Mills Act building, giving owners up to 70% off their property taxes forever.2 Bedrooms 2 baths on title, but currently being used as a 1 bedroom, 2 bath with a larger living room. Bedroom can be framed in by new owner to make a legal 2 bedroom if desired. Great for future rental value!
- Building Type: High Rise
- Year Built: 1912
- Price Per Sq Ft: 754.65
- Unit Floor In Building: 4
- Special Features: None
Interior Features
- Equipment: Cable, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer
- Flooring: Mixed
- Bedrooms: 2
- Full Bathroom: 2
- Total Bathrooms: 2.00
- Laundry: In Unit
- Living Area: 860
Exterior Features
- Pool: Yes
- Tennis Court Y/N: No
- Entry Floor: 4
- Stories: 12
- View: City
- View: Yes
Utilities
- Security: 24 Hour, Gated Community with Guard
- Cooling: Air Conditioning, Central
- Heating: Central
Condo/Co-op/Association
- HOA Fee Frequency: Monthly
- High Rise: 24-Hour Concierge, Dog Run, Entrance Lobby, Lounge, On-Site Guard, Passenger Elevator, Private Storage Lockers for Res, Trash Chute
- HOA Fees: 625.97
- Complex Name: The Rowan
- HOA: Yes
- Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Clubhouse, Elevator, Extra Storage, Fire Pit, Gated Parking, Onsite Property Management, Security, Spa
Association/Amenities
- Pet Rules: Yes
Lot Info
- Zoning: LAC4
- Assessor Parcel Number: 5149-023-074
- Lot Size Area: 30787
- Geocode Override: No
Rental Info
- Available For Lease: No
Multi Family
- Number Of Units: 206
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 28, 2021
Closed on
Oct 22, 2021
Sold by
Navarria Jane F
Bought by
Kuhlmann Evan
Seller's Agent
Chris Lechner
Weichert, Realtors-GlobalPoint
List Price
$575,000
Sold Price
$575,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$46,874
Avg. Annual Appreciation
-2.32%
Original Mortgage
$431,250
Interest Rate
3.09%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 13, 2019
Closed on
Oct 29, 2019
Sold by
Hwang Carolina
Bought by
Navarria Jane F
Seller's Agent
Mark Duncan
eXp Realty of California Inc
Buyer's Agent
Michelle Carr Quintana
Berkshire Hathaway HomeServices CA Properties
List Price
$649,000
Sold Price
$649,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.55%
Original Mortgage
$485,000
Interest Rate
2.75%
Purchase Details
Listed on
Jul 26, 2013
Closed on
Jul 5, 2013
Sold by
Gao Kathy Hua
Bought by
Hwang Caroline
Seller's Agent
Ryan Asao
KW Executive
Buyer's Agent
Ryan Asao
KW Executive
List Price
$488,000
Sold Price
$475,000
Premium/Discount to List
-$13,000
-2.66%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.16%
Original Mortgage
$372,000
Interest Rate
4.51%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 18, 2011
Sold by
Gao Kathy Hua and Gao Ning
Bought by
Gao Kathy Hua
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
4.43%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 28, 2009
Sold by
Msgg Rowan Realty Partners Llc
Bought by
Gao Kathy Hua and Gao Ning
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
4.91%
Mortgage Type
New Conventional
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $575,000 | Stewart Title Of California In | |
| Warranty Deed | $649,000 | Stewart Title Of Ca Inc | |
| Grant Deed | $475,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | Lawyers Title Company | |
| Grant Deed | $355,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $50,000 | Credit Line Revolving | |
| Previous Owner | $431,250 | New Conventional | |
| Previous Owner | $485,000 | No Value Available | |
| Previous Owner | $372,000 | New Conventional | |
| Previous Owner | $320,000 | New Conventional | |
| Previous Owner | $272,500 | New Conventional | |
| Previous Owner | $278,000 | New Conventional | |
| Previous Owner | $284,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/15/2021 12/15/21 | Sold | $575,000 | 0.0% | $669 / Sq Ft |
| 11/16/2021 11/16/21 | Pending | -- | -- | -- |
| 11/16/2021 11/16/21 | For Sale | $575,000 | 0.0% | $669 / Sq Ft |
| 11/15/2021 11/15/21 | Off Market | $575,000 | -- | -- |
| 10/28/2021 10/28/21 | For Sale | $575,000 | -11.4% | $669 / Sq Ft |
| 11/04/2019 11/04/19 | Sold | $649,000 | 0.0% | $755 / Sq Ft |
| 09/24/2019 09/24/19 | Pending | -- | -- | -- |
| 09/13/2019 09/13/19 | For Sale | $649,000 | +36.6% | $755 / Sq Ft |
| 08/23/2013 08/23/13 | Sold | $475,000 | -2.7% | $552 / Sq Ft |
| 07/26/2013 07/26/13 | For Sale | $488,000 | 0.0% | $567 / Sq Ft |
| 06/28/2013 06/28/13 | Pending | -- | -- | -- |
| 05/25/2013 05/25/13 | For Sale | $488,000 | -- | $567 / Sq Ft |
Source: California Desert Association of REALTORS®
Tax History Compared to Growth
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 | $2,290 | $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 |
| 2019 | $2,645 | $221,000 | $44,200 | $176,800 |
| 2018 | $3,010 | $221,000 | $44,200 | $176,800 |
| 2016 | $2,202 | $160,000 | $32,000 | $128,000 |
| 2015 | $2,465 | $160,000 | $32,000 | $128,000 |
| 2014 | $2,245 | $157,000 | $31,400 | $125,600 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2021
Chris Lechner
Weichert, Realtors-GlobalPoint
(562) 972-0388
2 in this area
124 Total Sales
-
N
Seller Co-Listing Agent in 2021
Nohora Delgado
Weichert, Realtors-GlobalPoint
(562) 221-0055
2 in this area
118 Total Sales
-
M
Seller's Agent in 2019
Mark Duncan
eXp Realty of California Inc
-
M
Buyer's Agent in 2019
Michelle Carr Quintana
Berkshire Hathaway HomeServices CA Properties
-
Seller's Agent in 2013
Ryan Asao
KW Executive
(626) 253-4557
94 Total Sales
About Rowan Lofts
Map
Source: California Desert Association of REALTORS®
MLS Number: 19-510536
APN: 5149-023-074
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