NOT LISTED FOR SALE

Rowan Lofts 460 S Spring St Unit 610 Los Angeles, CA 90013

Downtown LA Neighborhood

Estimated Value: $459,000 - $546,000

1 Bed
1 Bath
810 Sq Ft
$478/mo HOA Fee

Last Sold August 24, 2017

Last sale price $580,000 $716 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $3,329/month

6 Days on Market

Highlights

  • 24-Hour Security
  • 5-minute walk to Pershing Square Station
  • Clubhouse
  • In Ground Spa
  • 30,787 Sq Ft lot
  • 1-minute walk to Spring Street Park

About This Home

As of August 2017

Stylish loft in one of Downtown LA's most highly sought after historic buildings, the Rowan,qualifies for Mills Act Tax Savings. Located in the Old Bank District of the booming Historic Core, the Rowan was originally built in 1912 &exquisitely remodeled in 2008. This unit, w/ NO shared walls, boasts wall-to-wall mahogany framed oversized windows, plentiful natural light, 10' ceilings,&exposed brick, which combine to create a beautifully striking impression. Character rich, historic design elements are perfectly counterbalanced w/ elegant, top of the line, modern appointments inclds Bosch stainless steel appliances, Toto bthrm fixtures, custom made Scavolini cabinets, &granite countertops. Building amenities incld 24hr private security, community lounge area, cold/hot tubs, &BBQ area.rivate garden and barbecue area with outdoor seating, and hot and cold spas. All common areas have wifi. With massive property tax savings through the Mills Act and an ideal location in Downtown LA's booming Historic Core, this opportunity is not to be missed!

Last Agent to Sell the Property

Eva Lin

eXp Realty of California, Inc. License #01817694 Listed on: 07/25/2017

eXp Realty of California, Inc.

Last Buyer's Agent

Kevin Bourland

COMPASS License #01486389

COMPASS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,138

Year Built

  • Built in 1912

Lot Details

  • 0.71

HOA Fees

  • $478 Monthly HOA Fees

Home Design

  • 810 Sq Ft Home

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • Parking Available
  • Off-Site Parking
  • Unassigned Parking

Pool

  • In Ground Spa

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Hot Water Heating System
  • Sewer Paid

Listing and Financial Details

  • Assessor Parcel Number 5149023107

Community Details

Overview

  • Master Insurance
  • Rowan Property Owners Association
  • Not Applicable 1007242 Subdivision
  • 13-Story Property

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Clubhouse
  • Recreation Room

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

  • 24-Hour Security
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,138

Year Built

Built in 1912

Lot Details

0

HOA Fees

$478 per month

Listing Details

  • Property Attached: No
  • Security: 24 Hour Security
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: LAC4
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5149023107
  • Year Built: 1912
  • Special Features: None

Interior Features

  • Living Area: 810.00
  • Stories: 13
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Price Per Square Foot: 716.05
  • Spa Features: Association, In Ground

Exterior Features

  • Spa: Yes

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned, Off Site

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator, Vented Exhaust Fan, Dishwasher, Disposal
  • Heating Type: Central
  • Laundry Features: Stackable, Gas & Electric Dryer Hookup
  • Sewer: Sewer Paid
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Outdoor Cooking Area, Pet Rules, Pets Permitted, Hot Water, Gas, Controlled Access, Clubhouse Paid, Recreation Room, Barbecue
  • Association Fee: 478.00
  • Association Fee Frequency: Monthly
  • Association Name: Rowan Property Owners Association

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 30787.00

Multi Family

  • Lease Considered: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2017
Closed on
Aug 21, 2017
Sold by
Rogers Michael Clark
Bought by
Snively David John
Seller's Agent
Eva Lin
eXp Realty of California, Inc.
Buyer's Agent
Kevin Bourland
COMPASS
List Price
$550,000
Sold Price
$580,000
Premium/Discount to List
$30,000
5.45%
Total Days on Market
6
Current Estimated Value
$503,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$76,308
Avg. Annual Appreciation
-1.66%
Original Mortgage
$464,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 25, 2017
Closed on
Aug 3, 2017
Sold by
Rock Joseph P and Rock Perry
Bought by
Snively David John
Seller's Agent
Eva Lin
eXp Realty of California, Inc.
Buyer's Agent
Kevin Bourland
COMPASS
List Price
$550,000
Sold Price
$580,000
Premium/Discount to List
$30,000
5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2010
Sold by
Msgg Rowan Realty Partners Llc
Bought by
Rock Joseph P and Rock Perry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.17%
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
Snively David John -- Chicago Title
Snively David John $580,000 Chicago Title
Rock Joseph P $320,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Snively David John $448,000
Closed Snively David John $464,000
Previous Owner Rock Joseph P $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2017 08/24/17 Sold $580,000 +5.5% $716 / Sq Ft
07/31/2017 07/31/17 Pending -- -- --
07/25/2017 07/25/17 For Sale $550,000 -- $679 / 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
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 $1,552 $107,000 $21,400 $85,600
2015 $2,293 $107,000 $21,400 $85,600
2014 $2,093 $107,000 $21,400 $85,600
Source: Public Records

Agents Affiliated with this Home

  • Eva Lin

    Seller's Agent in 2017

    Eva Lin

    eXp Realty of California, Inc.

    (626) 807-6581

    314 Total Sales

    Eva Lin
    Section Image
  • Kevin Bourland

    Buyer's Agent in 2017

    Kevin Bourland

    COMPASS

    (213) 407-4754

    70 Total Sales

    Kevin Bourland
    Section Image

  • S

    Buyer Co-Listing Agent in 2017

    Sheri Curtis

    COMPASS

    10 Total Sales

    Sheri Curtis
    Section Image
See All Agents

About Rowan Lofts

Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-817001006

Pasadena-Foothills Association of REALTORS®

APN: 5149-023-107

California Los Angeles County Los Angeles 90013 Downtown LA

460 S Spring St Unit 610, Los Angeles, CA

This home is located at 460 S Spring St Unit 610, Los Angeles, CA 90013 since 25 July 2017 and is currently estimated at $503,692, approximately $621 per square foot. This property was built in 1912. 460 S Spring St Unit 610 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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