NOT LISTED FOR SALE

Rowan Lofts 460 S Spring St Unit 812 Los Angeles, CA 90013

Downtown LA Neighborhood

Estimated Value: $466,000 - $867,000

1 Bed
2 Baths
998 Sq Ft
$534/ mo HOA Fee

Last Sold July 16, 2018

Last sale price $710,000 $711 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $4,035/month

42 Days on Market

Highlights

  • 24-Hour Security
  • 5-minute walk to Pershing Square Station
  • Clubhouse
  • City Lights View
  • 30,787 Sq Ft lot
  • 1-minute walk to Spring Street Park

About This Home

As of July 2018

Immaculate 1B/2B historic loft home at famed Rowan building. South exposure overlooking 5th Street below. A rare large & bright home w/ 10 ft ceilings & a dramatic wall of original mahogany framed windows & brick that floods the home w/ natural light. This trophy residence includes Italian Scavolini kitchen, stainless steel refrigerator, Bosch dishwasher, in unit washer/dryer, & generously sized Toto finished bathrooms. The Rowan Lofts is a One of a Kind Classic Beaux-Arts architectural gem. True Old-Hollywood styling with original face brick and terracotta, Italian Carrara marble floors throughout common areas. Amenities incl community lounge room, garden, BBQ & Hot/Cold Spa. Walking distance to restaurants, shops, galleries, & Metro Red line. Mills Act approved saving 60%-70% off property taxes. Public records show property is a 2B/2B, 860 SQFT. Developer sold as 998 SQFT. Owner uses premises as a 1B/2B. Buyer to investigate and verify to their own satisfaction.

Last Agent to Sell the Property

Anh Tran

Keller Williams Larchmont License #01465571 Listed on: 04/24/2018

Keller Williams Larchmont

Last Buyer's Agent

Beth Lerner

Keller Williams Pacific Estate License #02021854

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1912

Lot Details

  • 0.71

HOA Fees

  • $534 Monthly HOA Fees

Home Design

  • Entry on the 8th floor

Interior Spaces

  • 998 Sq Ft Home
  • Built-In Features
  • Loft
  • Wood Flooring
  • City Lights Views
  • Security Lights
  • Laundry in unit

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Parking

  • Garage
  • Parking Garage Space

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5149-023-144

Community Details

Overview

  • 206 Units
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed

Security

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

Property Details

Home Type

Condominium

Year Built

Built in 1912

Lot Details

0.71 Acres

HOA Fees

$534 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Street Number Display: Yes
  • Complex Name: Rowan Lofts HOA
  • Entry Floor: 8
  • Living Area: 998
  • Planned Urban Dev: 0
  • Probate: No
  • Year Built: 1912
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Wood
  • Bedrooms: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Built-Ins, Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 716.43

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: City Lights
  • View: Yes

Garage/Parking

  • Parking Garage: Community Garage, Covered Parking, Garage Is Detached

Utilities

  • Cooling: Air Conditioning, Central
  • Earth Quake Ins: 0
  • Heating: Central
  • Security: 24 Hour, Card/Code Access, Exterior Security Lights, Resident Manager, T.V.

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Clubhouse, Controlled Access, Elevator, Spa
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 533.65
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5149-023-144
  • Geocode Override: No
  • Lot Size Area: 30787

Multi Family

  • Number Of Units: 206

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2018
Closed on
Jun 1, 2018
Sold by
Soutar Alisa M
Bought by
Weisler Robert Alexander and Beas Isauro Rigoberto
Seller's Agent
Anh Tran
Keller Williams Larchmont
Buyer's Agent
Beth Lerner
Keller Williams Pacific Estate
List Price
$715,000
Sold Price
$710,000
Premium/Discount to List
-$5,000
-0.7%
Current Estimated Value
$629,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$80,667
Avg. Annual Appreciation
-1.56%
Original Mortgage
$595,000
Outstanding Balance
$514,575
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$114,758

Purchase Details

Closed on
Jun 9, 2010
Sold by
Msgg Rowan Realty Partners Llc
Bought by
Soutar Ailsa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.52%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Weisler Robert Alexander $710,000 Lawyers Title
Soutar Ailsa M $400,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weisler Robert Alexander $595,000
Previous Owner Soutar Ailsa M $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2018 07/16/18 Sold $710,000 -0.7% $711 / Sq Ft
04/24/2018 04/24/18 For Sale $715,000 0.0% $716 / Sq Ft
10/02/2014 10/02/14 Rented $2,200 -6.4% --
09/26/2014 09/26/14 Under Contract -- -- --
08/15/2014 08/15/14 For Rent $2,350 +9.3% --
05/07/2013 05/07/13 Rented $2,150 0.0% --
04/19/2013 04/19/13 Under Contract -- -- --
03/29/2013 03/29/13 For Rent $2,150 -- --
Source: The MLS

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 $710,000 $285,000 $425,000
2018 $3,010 $221,000 $44,200 $176,800
2016 $1,511 $102,000 $20,400 $81,600
2015 $1,500 $102,000 $20,400 $81,600
2014 $2,245 $102,000 $20,400 $81,600
Source: Public Records

Agents Affiliated with this Home

  • Anh Tran

    Seller's Agent in 2018

    Anh Tran

    Keller Williams Larchmont

    (310) 430-1333

    46 in this area

    50 Total Sales

    Anh Tran
    Section Image

  • B

    Buyer's Agent in 2018

    Beth Lerner

    Keller Williams Pacific Estate

  • M

    Seller's Agent in 2014

    Michael Ferguson

    The Loft Exchange, Inc.

  • David Hernandez

    Buyer's Agent in 2014

    David Hernandez

    Radius Agent Realty

    (213) 808-4324

    4 in this area

    6 Total Sales

    David Hernandez
    Section Image
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About Rowan Lofts

Map

Source: The MLS

MLS Number: 18-336652

The MLS

APN: 5149-023-144

California Los Angeles County Los Angeles 90013 Downtown LA

460 S Spring St Unit 812, Los Angeles, CA

Not Listed for Sale

Condos

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