$495,000

Estimated payment $3,751/month

Total Views 4,451
2 Beds
2 Baths
860 Sq Ft
$576 Price per Sq Ft

Highlights

  • Concierge
  • 5-minute walk to Pershing Square Station
  • 0.71 Acre Lot
  • Primary Bedroom Suite
  • City Lights View
  • 1-minute walk to Spring Street Park

About This Home

Discover the ideal blend of historic character and modern style in this beautifully updated loft, located in the iconic Rowan building in Downtown Los Angeles. With an open-concept layout, high ceilings, and sound-insulated windows, the space feels bright, airy, and peaceful, offering a comfortable setting for both living and working. Exposed brick walls and timeless architectural touches add warmth and personality, while updated finishes throughout elevate the overall design. The kitchen features premium appliances, custom cabinetry, and a generous island, perfect for daily use or entertaining. The flexible two-bedroom layout includes two full bathrooms, allowing for a home office, studio, or guest space to suit your needs. Enjoy all the benefits of living in a Mills Act-approved building, including significant savings on property taxes. Community amenities include a private garden, spa tubs, BBQ area, and resident lounge. Located steps from Spring Street Park and across from the future UCLA Trust Building, you’re surrounded by Downtown’s best restaurants, shops, cultural venues, and public transit options. This is a rare opportunity to own a thoughtfully designed loft in one of DTLA’s most desirable buildings.

Listing Agent

Anna Agababyan

Equity Union Brokerage Phone: 818-434-3303 License #02029484 Listed on: 06/09/2025

Equity Union

Co-Listing Agent

Nairi Mkrtchian

Equity Union Brokerage Phone: 818-434-3303 License #02190719

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,206

Year Built

  • Built in 1912

HOA Fees

  • $857 Monthly HOA Fees

Interior Spaces

  • 860 Sq Ft Home
  • City Lights Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Two or More Common Walls
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 63018
  • Assessor Parcel Number 5149023110
  • $463 per year additional tax assessments

Community Details

Overview

  • 206 Units
  • Rowan Property Owner's Assocation Association, Phone Number (949) 672-9091
  • Rowandtla HOA
  • 13-Story Property

Amenities

  • Concierge
  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Community Spa

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,206

Year Built

Built in 1912

Lot Details

0

HOA Fees

$857 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAC4
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5149023110
  • Year Built: 1912
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 860.00 Square Feet
  • Stories: 13
  • Entry Location: front
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 575.58
  • Room Type: Primary Bathroom, Primary Bedroom, Primary Suite, Two Primaries

Exterior Features

  • View: City Lights
  • Pool Features: Association
  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Clubhouse, Concierge, Management, Guard, Security, Controlled Access
  • Association Fee: 856.81
  • Association Fee Frequency: Monthly
  • Association Name: Rowan Property Owner's Assocation
  • Phone: 9496729091
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Urban
  • Association Management: ROWANDTLA

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 30796.00
  • Lot Size Acres: 0.7070

Multi Family

  • Lease Considered: No
  • Lot Size Area: 30796.0000 Square Feet
  • Number Of Units In Community: 206
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2073.06
  • Tax Lot: 1
  • Tax Tract Number: 63018
  • TaxOtherAnnualAssessmentAmount: 463.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,206 $150,000 $30,000 $120,000
2024 $2,206 $150,000 $30,000 $120,000
2023 $2,178 $150,000 $30,000 $120,000
2022 $2,096 $150,000 $30,000 $120,000
2021 $2,895 $219,000 $43,800 $175,200
2019 $2,563 $221,000 $44,200 $176,800
2018 $2,926 $221,000 $44,200 $176,800
2016 $1,428 $102,000 $20,400 $81,600
2015 $1,417 $102,000 $20,400 $81,600
2014 $2,160 $102,000 $20,400 $81,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 For Sale $495,000 0.0% $576 / Sq Ft
02/10/2025 02/10/25 Rented $2,350 0.0% --
01/22/2025 01/22/25 Under Contract -- -- --
12/09/2024 12/09/24 Price Changed $2,350 -7.8% $3 / Sq Ft
11/08/2024 11/08/24 For Rent $2,550 +11.8% --
02/13/2021 02/13/21 Rented $2,280 0.0% --
02/11/2021 02/11/21 Under Contract -- -- --
02/08/2021 02/08/21 For Rent $2,280 0.0% --
02/05/2021 02/05/21 Under Contract -- -- --
01/25/2021 01/25/21 Price Changed $2,280 -3.0% $3 / Sq Ft
12/29/2020 12/29/20 For Rent $2,350 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $370,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $160,000 New Conventional
Closed $172,500 New Conventional
Previous Owner $170,000 New Conventional
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25126692

California Regional Multiple Listing Service (CRMLS)

APN: 5149-023-110