Spacious loft located in the nostalgic Rowan Building of the “old bank district” in DTLA awaits you. The condo offers a classic charm with high ceilings and open floorplan. Modern upgrades throughout including hardwood floors, central air/heat and sound barrier windows. As you enter the space, you’ll notice the characteristic exposed brick walls, attractive living room, dining area, & spacious office nook. The fashionable kitchen is ideal for a gourmet chef which includes ample cabinet and counter space accompanied with stainless-steel appliances and large kitchen island. This unit faces Spring St and offers plenty of natural light beaming in through the large windows with upgraded sound proofing making this the perfect place for those seeking a quiet place to call home. Additional amenities include all appliances and an in-unit stackable washer/ dryer. Probably the best feature is that the Rowan Building is Mills Act approved which provides significant property tax savings to the condo owner. Building amenities include 24Hr manned security, community room, hot tub, splash pool, barbecues, secure park and dog area making this one of DTLA’s most amazing buildings. There is also optional paid dedicated parking with a secured gated walkway to the Rowan building. Perfect place for first time home buyer, investor, international buyer, or those professionals working in downtown LA.
CondoProperty Type
1912Year Built
0.71 acresLot Size
$449Est. Price/Sq.Ft.
1 spaceParking
Listed by Chris Lechner•DRE #01873493• Weichert, Realtors-GlobalPoint
Listed by Nohora Delgado•DRE #02009452• Weichert, Realtors-GlobalPoint
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
1
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
30,787
Year renovated
1985
Sq. Ft.
860
Year built
1912
Style
Condo/Co-op
County
Los Angeles County
APN
5149023074
Parking Spaces
1
Basement
No
Accessible
No
HOA Dues
$789 /month
Garage
Yes
Features
Views, Pool
Last updated by owner on May 14, 2025.
Property details
Parking
Parking / Garage Information
Community Garage, Public
Has Parking
Interior
Laundry Information
Has Laundry
In Closet, Stackable
Kitchen Information
Appliances: Dishwasher, Gas Oven, Gas Range, Ice Maker, Microwave, Recirculated Exhaust Fan, Refrigerator, Water Heater Central, Water Line to Refrigerator
Has Appliances
In Kitchen
Granite Counters, Kitchen Island, Kitchen Open to Family Room, Pots & Pan Drawers
Bathroom Information
# of Baths (Full): 2
Low Flow Toilet(s), Shower in Tub, Exhaust fan(s), Granite Counters
Cooling Information
Central
Has Cooling
Room Information
Entry, Kitchen, Laundry, Living Room, Primary Bedroom
Fireplace Information
Outdoors, Patio, Fire Pit
Has Fireplace
Flooring Information
Wood
Heating Information
Central Furnace
Has Heating
Interior Features
Brick Walls, Granite Counters, High Ceilings (9 Feet+), Open Floor Plan, Storage Space, Track Lighting
Levels: One
Main Level Bathrooms: 2
Main Level Bedrooms: 1
Spa Features: Association
Has Spa
Window Features: Blinds, Insulated Windows, Storm Windows
Exterior
Exterior Information
Structure Type: Multi Family
Exterior Features
Patio And Porch Features: See Remarks
Has Patio
Pool Features: Association, See Remarks
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: Near Public Transit, Park Nearby, Walkstreet
Property Information
Common Interest: Condominium
Total # of Units: 206
Common Walls: 2+ common walls
Living Area Source: Assessor's Data
Parcel Number: 5149023074
Attached Property
Property Condition: Turnkey
Total # of Stories: 12
Has View
Year Built Source: Assessor
Utilities
Utilities Information
Sewer: Public Sewer
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water Source: District/Public
Location
Multi-Unit Information
# of Units In Community: 206
Homeowners Association
Is Part of Association
Association Name: Rowan POA
Association Fee: $652
Association Fee Frequency: Monthly
Association Amenities: Fire Pit, Barbecue, Picnic Area, Dog Park, Recreational Multipurpose Room, Storage Area, Gas, Trash, Sewer, Water, Pets Permitted, Guard, Security, Controlled Access
Neighborhood Information
Community Features: Curbs, Dog Park, Sidewalks, Street Lighting, Urban
School Information
High School District: Los Angeles Unified
Location Information
Latitude: 34.04757400
Longitude: -118.24929700
Directions: SE Corner of Spring St. and 5th Street
The LA market is rewarding realistic pricing and good strategy. Buyers have more choices and are taking their time, while sellers who price correctly are still getting results. The days of simply “testing the market” are behind us—in this market,...