NOT LISTED FOR SALE

Rowan Lofts 460 S Spring St Unit 503 Los Angeles, CA 90013

Downtown LA Neighborhood

Estimated Value: $416,000 - $547,000

1 Bed
1 Bath
710 Sq Ft
$575/mo HOA Fee

Last Sold January 22, 2021

Last sale price $510,000 $718 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,371/month

74 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 January 2021

Priced To Sell! Perfect NY style downtown MILLS ACT loft, west-facing beauty, city lights & jetliner views. Sun-sets, natural light streaming in through a wall of historic windows! The Old Bank Districts Iconic Rowan Building sitting in the center of the Historic Core. Highly sought after MILLS ACT tax abatement gifting owners with up to 65% off their annual property taxes! The "Spring Street Revival" continues welcoming the Grand Opening of Boutique Hotel's Citizen M & Cambria as well as the giant new construction condo complex "Perla". Walk to it all from The Grand Central Market, Orsa & Winston, and The Maccheroni Republic to Le Petit Paris, Kazu Nori and so much more! Impressive common areas with 2nd-floor lounge, ground-level jacuzzi's, outdoor cafe dining & BBQ. Stainless steel appliances, Scavolini Italian cabinetry, granite counter-tops, hardwood floors, original oversized mahogany windows, huge bathroom, with Toto fixtures, oversized soaking tub with black slate bathroom floor

Last Agent to Sell the Property

Randelle Green

The RandelleGreen Group License #01979673 Listed on: 10/08/2020

Last Buyer's Agent

Anh Tran

Keller Williams Larchmont License #01465571

Keller Williams Larchmont

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,814

Year Built

  • Built in 1912

Lot Details

  • 0.71

HOA Fees

  • $575 Monthly HOA Fees

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 710 Sq Ft Home
  • Loft
  • City Lights Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Detached Carport Space
  • Parking Garage Space
  • Controlled Entrance

Pool

  • In Ground Pool
  • Spa

Additional Features

  • West Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5149-023-082

Community Details

Overview

  • 206 Units
  • Maintained Community
  • 13-Story Property

Amenities

  • Community Barbecue Grill

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,814

Year Built

Built in 1912

Lot Details

0

HOA Fees

$575 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Complex Name: The Rowan
  • Entry Floor: 5
  • Living Area: 710
  • Lot Acreage: 0.7068
  • Planned Urban Dev: 0
  • Stories: 13
  • Unit Floor In Building: 5
  • Year Built: 1912
  • Number Of Photos: 25
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Stone
  • Bedrooms: 1
  • 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: Garbage Disposal, Dishwasher, Dryer, Microwave, Washer, Refrigerator, Range/Oven
  • Price Per S Q F T: 730.99

Exterior Features

  • Direction Faces: West
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: Association Spa, Community
  • Spa Yn: Yes
  • View: City Lights
  • View: Yes

Garage/Parking

  • Parking Garage: Carport Detached, Community Garage, Controlled Entrance, Covered Parking

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Card/Code Access, Community, Guarded

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Controlled Access, Spa, Gated Community Guard
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 575.41
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5149-023-082
  • Lot Size Area: 30787

Multi Family

  • Number Of Units: 206

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2024
Sold by
Chou Joyce
Bought by
Joyce Chou Trust and Chou
Current Estimated Value
$498,761

Purchase Details

Listed on
Oct 8, 2020
Closed on
Dec 24, 2020
Sold by
Cardella Bryan M
Bought by
Chou Joyce
Seller's Agent
Randelle Green
The RandelleGreen Group
Buyer's Agent
Anh Tran
Keller Williams Larchmont
List Price
$519,000
Sold Price
$510,000
Premium/Discount to List
-$9,000
-1.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.47%
Original Mortgage
$459,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2009
Sold by
Msgg Rowan Realty Partners Llc
Bought by
Cardella Bryan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Joyce Chou Trust -- None Listed On Document
Chou Joyce $510,000 Orange Coast Title
Cardella Bryan M $330,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chou Joyce $459,000
Previous Owner Cardella Bryan M $205,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2021 01/22/21 Sold $510,000 -1.7% $718 / Sq Ft
12/21/2020 12/21/20 Pending -- -- --
10/08/2020 10/08/20 For Sale $519,000 0.0% $731 / Sq Ft
08/28/2016 08/28/16 Rented $2,200 0.0% --
08/20/2016 08/20/16 Price Changed $2,200 -4.3% $3 / Sq Ft
08/15/2016 08/15/16 Price Changed $2,300 -4.2% $3 / Sq Ft
08/01/2016 08/01/16 Price Changed $2,400 -4.0% $3 / Sq Ft
07/04/2016 07/04/16 For Rent $2,500 -- --
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 $1,814 $124,000 $24,800 $99,200
2024 $1,814 $124,000 $24,800 $99,200
2023 $1,792 $124,000 $24,800 $99,200
2022 $1,724 $124,000 $24,800 $99,200
2021 $2,384 $181,000 $36,200 $144,800
2020 $2,443 $183,000 $36,600 $146,400
2019 $2,503 $183,000 $36,600 $146,400
2018 $2,414 $183,000 $36,600 $146,400
2016 $1,168 $84,000 $16,800 $67,200
2015 $1,957 $84,000 $16,800 $67,200
2014 $1,775 $84,000 $16,800 $67,200
Source: Public Records

Agents Affiliated with this Home

  • Randelle Green

    Seller's Agent in 2021

    Randelle Green

    The RandelleGreen Group

    (213) 254-7626

    5 in this area

    5 Total Sales

    Randelle Green
    Section Image
  • Anh Tran

    Buyer's Agent in 2021

    Anh Tran

    Keller Williams Larchmont

    (310) 430-1333

    43 in this area

    47 Total Sales

    Anh Tran
    Section Image
  • Christiano Sampaio

    Seller's Agent in 2016

    Christiano Sampaio

    Loftway

    (310) 902-0616

    41 in this area

    59 Total Sales

    Christiano Sampaio
    Section Image
  • Drew F. Panico

    Buyer's Agent in 2016

    Drew F. Panico

    Realty Source Incorporated

    (323) 841-0381

    2 in this area

    10 Total Sales

    Drew F. Panico
    Section Image
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About Rowan Lofts

Map

Source: The MLS

MLS Number: 20-644350

The MLS

APN: 5149-023-082

California Los Angeles County Los Angeles 90013 Downtown LA

460 S Spring St Unit 503, Los Angeles, CA

This home is located at 460 S Spring St Unit 503, Los Angeles, CA 90013 since 08 October 2020 and is currently estimated at $498,761, approximately $702 per square foot. This property was built in 1912. 460 S Spring St Unit 503 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.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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.
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