Rowan Lofts 460 S Spring St Unit 512 Los Angeles, CA 90013
Downtown LA NeighborhoodEstimated Value: $504,000 - $570,000
1
Bed
1
Bath
800
Sq Ft
$700/mo
HOA Fee
Highlights
- 24-Hour Security
- 5-minute walk to Pershing Square Station
- 0.71 Acre Lot
- In Ground Pool
- City View
- 1-minute walk to Spring Street Park
About This Home
As of August 2023Downtown luxury loft living at its finest. The Rowan is a jewel in downtown's historic core that has been granted Mills Act tax status, resulting in significant property tax savings. Its location in the heart of downtown provides quick access to various attractions such as shops, restaurants, galleries, and events. The adjacent Spring St. park is an excellent spot to take your furry friend. This unit offers a unique living experience with its exposed brick walls, providing a chic and stylish vibe. Boasting breathtaking city views, the loft is sure to impress. The loft's large windows allow for an abundance of natural light, creating a warm and inviting atmosphere. The sleek updated kitchen features top-of-the-line appliances, perfect for the aspiring chef. The large closet includes built-in shelving, making organizing a breeze. The building offers various amenities such as a 24-hour door person, conference facilities, outdoor spaces equipped with hot and cold plunge pools, BBQ and outdoor kitchens as well as a dog run. The Rowan, built in 1912, was refurbished into condos in 2008, making it an outstanding example of loft living in DTLA.
Last Agent to Sell the Property
Aneela Zaman
Douglas Elliman License #01931182 Listed on: 05/18/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,138
Year Built
- Built in 1912
Lot Details
- 0.71
HOA Fees
- $700 Monthly HOA Fees
Home Design
- Art Deco Architecture
Interior Spaces
- 800 Sq Ft Home
- Built-In Features
- Great Room
- Laminate Flooring
- City Views
Kitchen
- Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Laundry
- Laundry in unit
- Dryer
- Washer
Pool
- In Ground Pool
- Spa
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 5149-023-091
Community Details
Overview
- 206 Units
- 13-Story Property
Amenities
- Outdoor Cooking Area
- Community Barbecue Grill
- Meeting Room
- Elevator
Recreation
- Community Spa
Pet Policy
- Call for details about the types of pets allowed
Security
- 24-Hour Security
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 18, 2023
Closed on
Jul 6, 2023
Sold by
Casey L Curtis Revocable Trust
Bought by
Scripture Kayla and Kapoor Heera
Seller's Agent
Aneela Zaman
Douglas Elliman
Buyer's Agent
Hattie Ramirez
Keller Williams Realty Los Feliz
List Price
$540,000
Sold Price
$525,000
Premium/Discount to List
-$15,000
-2.78%
Total Days on Market
48
Views
63
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
$13,508
Avg. Annual Appreciation
0.88%
Original Mortgage
$115,000
Outstanding Balance
$112,934
Interest Rate
6.81%
Estimated Equity
$420,353
Purchase Details
Closed on
Aug 23, 2014
Sold by
Curtis Casey Lauren
Bought by
Curtis Casey L and Casey L Curtis Revocable Trust
Purchase Details
Closed on
Jun 18, 2010
Sold by
Msgg Rowan Realty Partners Llc
Bought by
Curtis Casey Lauren
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.68%
Mortgage Type
New Conventional
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Scripture Kayla | $525,000 | Chicago Title Company | |
| Curtis Casey L | -- | None Available | |
| Curtis Casey Lauren | $350,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Scripture Kayla | $115,000 | |
| Open | Scripture Kayla | $415,000 | |
| Previous Owner | Curtis Casey L | $305,000 | |
| Previous Owner | Curtis Casey Lauren | $239,400 | |
| Previous Owner | Curtis Casey Lauren | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/17/2023 08/17/23 | Sold | $525,000 | -2.8% | $656 / Sq Ft |
| 07/05/2023 07/05/23 | Pending | -- | -- | -- |
| 05/18/2023 05/18/23 | For Sale | $540,000 | -- | $675 / Sq Ft |
Source: The MLS
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 |
|---|---|---|---|---|
| 2024 | $2,138 | $140,000 | $28,000 | $112,000 |
| 2023 | $2,028 | $140,000 | $28,000 | $112,000 |
| 2022 | $1,952 | $140,000 | $28,000 | $112,000 |
| 2021 | $2,693 | $204,000 | $40,800 | $163,200 |
| 2019 | $2,821 | $206,000 | $41,200 | $164,800 |
| 2018 | $2,723 | $206,000 | $41,200 | $164,800 |
| 2016 | $1,326 | $95,000 | $19,000 | $76,000 |
| 2015 | $1,316 | $95,000 | $19,000 | $76,000 |
| 2014 | $2,008 | $95,000 | $19,000 | $76,000 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2023
Aneela Zaman
Douglas Elliman
(323) 698-2555
1 in this area
8 Total Sales
-
Noelle Bohannon
Seller Co-Listing Agent in 2023
Noelle Bohannon
Hollywood Estates
(615) 779-8853
1 in this area
8 Total Sales
-
Hattie Ramirez
Buyer's Agent in 2023
Hattie Ramirez
Keller Williams Realty Los Feliz
(323) 376-5368
2 in this area
16 Total Sales
-
Pam Hyatt
P
Buyer Co-Listing Agent in 2023
Pam Hyatt
Keller Williams Realty Los Feliz
(910) 520-2728
1 in this area
13 Total Sales
About Rowan Lofts
Map
Source: The MLS
MLS Number: 23-271919
APN: 5149-023-091
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