$360,000
SOLD OCT 8, 2024
-- Bed
1 Bath
510 Sq Ft
$645/mo HOA Fee

Recently Sold

$706 Per Sq Ft

3% Below List Price

4 Days on Market

Highlights

  • 24-Hour Security
  • 5-minute walk to Pershing Square Station
  • 0.71 Acre Lot
  • In Ground Pool
  • City Lights View
  • 1-minute walk to Spring Street Park

About This Home

As of October 2024

This beautifully appointed studio is a chic and peaceful respite from the city below. A bright and inviting space to call home, this unit features high ceilings, exposed brick, and a wall of floor to ceiling windows that provide dazzling views, day and night. The kitchen is outfitted handsomely with high end finishes and stainless steel appliances. There are multiple areas for living that differentiate the space and make the unit live larger than just a studio. A luxurious full bath, in-unit washer and dryer, and one parking spot complete the home. The Rowan is a historic land mark - expertly converted to residences with sophisticated and luxurious styling. Community amenities include a lounge for residents, a dramatic lobby with period details, and an outdoor courtyard with hot and cold plunge pools, BBQ grills, and dining area. A Mills Act building, Rowan homeowners benefit from substantial reduction in property taxes.

Last Agent to Sell the Property

John Podhor

Compass License #01912131 Listed on: 09/17/2024

Compass

Co-Listed By

Katie Crain

Compass License #01811131

Last Buyer's Agent

John Podhor

Compass License #01912131 Listed on: 09/17/2024

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,287

Year Built

  • Built in 1912

HOA Fees

  • $645 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Entry on the 7th floor

Interior Spaces

  • 1 Full Bathroom
  • 510 Sq Ft Home
  • Great Room
  • Dining Area
  • Wood Flooring
  • City Lights Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Parking Garage Space

Pool

  • In Ground Pool
  • Spa

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5149-023-123

Community Details

Overview

  • 206 Units
  • 13-Story Property

Amenities

  • Community Barbecue Grill
  • Meeting Room
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,287

Year Built

Built in 1912

Lot Details

0

HOA Fees

$645 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Complex Name: Rowan Lofts HOA
  • Entry Floor: 7
  • Living Area: 510
  • Lot Acreage: 0.7070
  • Planned Urban Dev: 0
  • Stories: 13
  • Unit Floor In Building: 7
  • Year Built: 1912
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Washer, Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Garbage Disposal
  • Price Per S Q F T: 725.49

Exterior Features

  • Pool Description: Association Pool
  • Pool: Yes
  • Spa: Association Spa
  • Spa Yn: Yes
  • View: City Lights, City
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Community Garage
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour

Association/Amenities

  • Amenities: Assoc Barbecue, Hot Water, Controlled Access, Elevator, Onsite Property Management, Meeting Room, Pool, Spa, Security
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 645.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5149-023-123
  • Lot Size Area: 30796

Multi Family

  • Number Of Units: 206

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2024
Closed on
Sep 24, 2024
Sold by
Hwang Brian
Bought by
Zachary M Rowe Family Trust and Peters
Seller's Agent
John Podhor
Compass
Buyer's Agent
John Podhor
Compass
List Price
$370,000
Sold Price
$360,000
Premium/Discount to List
-$10,000
-2.7%
Views
17
Current Estimated Value
$371,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,941
Avg. Annual Appreciation
2.65%

Purchase Details

Listed on
Jun 23, 2013
Closed on
Jul 24, 2013
Sold by
Citrowske Shawn
Bought by
Hwang Brian
Seller's Agent
Ted Trentman
Realty Source Incorporated
Buyer's Agent
Brittany Brimmer
Keller Williams Pasadena Mrkt
List Price
$325,000
Sold Price
$330,000
Premium/Discount to List
$5,000
1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.78%

Purchase Details

Closed on
Nov 2, 2009
Sold by
Msgg Rowan Realty Partners Llc
Bought by
Citrowske Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
4.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Grant Deed $360,000 First American Title
Grant Deed $330,000 Fatcola
Grant Deed $245,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $150,000 New Conventional
Previous Owner $103,419 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $189,000 New Conventional
Previous Owner $196,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Sold $360,000 -2.7% $706 / Sq Ft
09/21/2024 09/21/24 Pending -- -- --
09/17/2024 09/17/24 For Sale $370,000 +12.1% $725 / Sq Ft
08/13/2013 08/13/13 Sold $330,000 +1.5% $647 / Sq Ft
07/17/2013 07/17/13 Pending -- -- --
06/23/2013 06/23/13 For Sale $325,000 -- $637 / Sq Ft
Source: The MLS

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 $1,287 $89,000 $17,800 $71,200
2024 $1,287 $89,000 $17,800 $71,200
2023 $1,272 $89,000 $17,800 $71,200
2022 $1,225 $89,000 $17,800 $71,200
2021 $1,698 $130,000 $26,000 $104,000
2019 $1,776 $131,000 $26,200 $104,800
2018 $1,714 $131,000 $26,200 $104,800
2016 $1,512 $118,000 $23,600 $94,400
2015 $1,732 $118,000 $23,600 $94,400
2014 $1,546 $131,000 $26,200 $104,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-440473

The MLS

APN: 5149-023-123