NOT LISTED FOR SALE

Estimated Value: $441,000 - $727,000

1 Bed
1 Bath
946 Sq Ft
0.71 Acres

Last Sold May 04, 2021

Last sale price $580,000 $613 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,182/month

Highlights

  • Guarded Parking
  • 5-minute walk to Pershing Square Station
  • Updated Kitchen
  • 24-Hour Security
  • Spa
  • 1-minute walk to Spring Street Park

About This Home

As of August 2024

Discover urban elegance in this updated loft at the Rowan Lofts, located in the heart of Downtown Los Angeles. Upon entering the loft, you are greeted with an open living room concept with two nooks, perfect for a home office or reading area. The kitchen has granite countertops, stainless steel appliances and a new ceiling light fixture, offering a sleek and modern culinary space. The primary bedroom has ample room for relaxation with a built-in closet, while the primary bathroom includes a new ceiling light fixture and in-unit washer and dryer for ultimate convenience. There are double paned windows that were installed for sound proofing. Situated in a quiet corner of the building, this loft offers tranquility in one of LA's most vibrant neighborhoods. This historic Mills Act residence includes controlled access, 24-hour security, an indoor resident lounge, and an outdoor seating area with two spas, fire pits, BBQ area, and serene walkways. You are in the center of DTLA's most popular spots, including the Last Bookstore, Spring Street Park, Pershing Square, the Metro Line, U.S. Bank Tower, Grand Central Market, Perch DTLA, and the UCLA Extension campus. *Pictures were taken prior to removal of furniture*

Last Agent to Rent the Property

Johnny Aragon

Coldwell Banker Realty License #02066422 Listed on: 08/12/2024

Coldwell Banker Realty

Last Renter's Agent

Johnny Aragon

Coldwell Banker Realty License #02066422 Listed on: 08/12/2024

Coldwell Banker Realty

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1912 | Remodeled

Lot Details

  • No Common Walls
  • East Facing Home
  • Security Fence
  • Fence is in excellent condition
  • No Sprinklers

Home Design

  • Entry on the 5th floor
  • Turnkey

Interior Spaces

  • 946 Sq Ft Home
  • Open Floorplan
  • Double Pane Windows

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Gas Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

Parking

  • Garage
  • Parking Available
  • Off-Site Parking
  • Guarded Parking

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Water Heater

Additional Features

  • Spa
  • Urban Location

Listing and Financial Details

  • Security Deposit $2,250
  • Rent includes gas, water, trash collection
  • Available 9/1/24
  • Tax Lot 1
  • Tax Tract Number 207
  • Assessor Parcel Number 5149023090

Community Details

Recreation

  • Community Spa
  • Dog Park

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • 24-Hour Security
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Overview

  • 12-Story Property

Condo Details

Home Type

Condominium

Year Built

Built in 1912 | Remodeled

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2024-09-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 2250
  • Furnished: Unfurnished
  • Pets Allowed: Call, Yes, Dogs OK, Size Limit, Cats OK, Number Limit
  • Total Move In Costs: 4500.00
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Inclusions: Water, gas, trash, refrigerator, stove, dishwasher, microwave, washer, dryer and a few lamps.
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: 24 Hour Security, Smoke Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Carbon Monoxide Detector(s), Card/Code Access
  • Subdivision Name Other: Not Applicable
  • View: No
  • Property Condition: Updated/Remodeled, Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 5149023090
  • Year Built: 1912
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 946.00 Square Feet
  • Interior Amenities: Open Floorplan
  • Stories: 12
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Area, In Kitchen
  • Entry Level: 5
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2.38
  • Room Type: Primary Bedroom, Primary Bathroom
  • Spa Features: Association, Community
  • Window Features: Double Pane Windows
  • Bathroom Features: Remodeled, Exhaust Fan(s), Upgraded, Shower, Shower In Tub
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Patio: No
  • Direction Faces: East
  • Fence: Yes
  • Fencing: Excellent Condition, Security
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Parking: Yes
  • Parking Features: Garage, Off Site, Guarded

Utilities

  • Utilities: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Water Heater, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Inside, Dryer Included, Washer Included, Washer Hookup, Stackable, Gas Dryer Hookup, In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Urban, Sidewalks, Dog Park

Lot Info

  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 30796.00
  • Lot Size Acres: 0.7070

Multi Family

  • Insurance Water Furniture: Yes
  • Lot Size Area: 30796.0000 Square Feet
  • Rent Includes: Gas, Water, Trash Collection

Tax Info

  • Tax Lot: 1
  • Tax Tract: 63018
  • Tax Tract Number: 207...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2012
Closed on
Oct 25, 2012
Sold by
Magnusen Lisa M
Bought by
Espino Eric V
Seller's Agent
Bill Cooper
Coldwell Banker Exclusive
Buyer's Agent
Jodi Gonzalez
List Price
$399,000
Sold Price
$380,000
Premium/Discount to List
-$19,000
-4.76%
Current Estimated Value
$573,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,956
Avg. Annual Appreciation
3.21%
Original Mortgage
$361,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2009
Sold by
Msgg Rowan Realty Partners Llc
Bought by
Magnusen Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,545
Interest Rate
5.31%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Espino Eric V $380,000 Fidelity National Title Co
Magnusen Lisa M $308,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Espino Eric V $361,000
Previous Owner Magnusen Lisa M $261,545
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/22/2024 08/22/24 Rented $2,250 0.0% --
08/22/2024 08/22/24 Under Contract -- -- --
08/12/2024 08/12/24 For Rent $2,250 0.0% --
05/04/2021 05/04/21 Sold $580,000 -3.2% $613 / Sq Ft View Prior Sale
03/26/2021 03/26/21 Pending -- -- --
02/02/2021 02/02/21 Price Changed $599,000 -2.4% $633 / Sq Ft
01/08/2021 01/08/21 For Sale $614,000 +61.6% $649 / Sq Ft
12/20/2012 12/20/12 Sold $380,000 -4.8% $463 / Sq Ft View Prior Sale
10/22/2012 10/22/12 Pending -- -- --
10/08/2012 10/08/12 For Sale $399,000 -- $487 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $2,210 $143,000 $28,600 $114,400
2024 $2,184 $143,000 $28,600 $114,400
2023 $2,158 $143,000 $28,600 $114,400
2022 $2,078 $143,000 $28,600 $114,400
2021 $2,760 $209,000 $41,800 $167,200
2020 $2,825 $211,000 $42,200 $168,800
2019 $2,441 $211,000 $42,200 $168,800
2018 $2,791 $211,000 $42,200 $168,800
2016 $1,976 $149,000 $29,800 $119,200
2015 $2,263 $149,000 $29,800 $119,200
2014 $2,051 $149,000 $29,800 $119,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-18840

Pasadena-Foothills Association of REALTORS®

APN: 5149-023-090