REDUCED TO SELL. GREAT FOR USC OR DTLA PROFESSIONALS. SELLER IS OFFERING A RATE BUY DOWN OR CLOSING COSTS CONTRIBUTION. Welcome to the brightest and airiest corner unit in the historic Rowan Buildingideally situated just three floors above the lush courtyard and steps from the adjacent parking garage. Its low enough for quick stairway access to the garden and high enough to enjoy stunning city views. The Rowan is a beautifully restored architectural landmark in the heart of Downtown LAs Historic Core. This rare corner unitoriginally a model homeis bathed in natural light from oversized, mahogany-framed windows, offering breathtaking, unobstructed views of the city. We especially love Sunday mornings, with the festive Farmer's Market right outside your front door. This unit is thoughtfully designed by an architect, a one-bedroom retreat seamlessly blends old-world charm with modern convenience. Built in 1912 and meticulously restored, the Rowan showcases timeless character with soaring 10-foot ceilings, exposed brick walls, and elegant flooring. The spacious layout includes: Bosch in-unit washer and dryer, central HVAC, custom-designed shelving solutions. A true highlight of ownership is the buildings Mills Act designation, providing significant property tax savingsa rare advantage in DTLA. Premium amenities include: 24-hour security and concierge service, resident lounge, hot and cold plunge pools, outdoor dining with BBQ grills, lush garden, dedicated dog run. The well-maintained common areas reflect its historic charm, featuring original Carrara marble and brass detailingrefinements that distinguish the Rowan from other historic properties in the area. Secure parking is available in the adjacent Old Bank District Garage. Step outside and immerse yourself in the vibrant energy of Downtown LA. The Rowan fosters a strong sense of community, with regular social events and a dedicated staff offering exceptional service. The surrounding neighborhood offers a rich mix of culinary and cultural attractionsfrom Michelin-starred Orsa & Winston to the diverse flavors of Grand Central Market. Enjoy easy access to the Arts District, The Broad, Disney Concert Hall, and Chinatowns emerging gallery scene. With proximity to Metro lines and the LAX FlyAway bus, car-free living is effortless. This is more than a homeits a lifestyle, where history, modern luxury, and community come together in one of DTLAs most sought-after buildings.
Property Features
Bedrooms
- Bedrooms: 1
- Bedrooms On Main Level: 1
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Bathrooms On Main Level: 1
- Bathroom 1 Features: Bathtub, Low Flow Toilet(s), Shower in Tub, Granite Counters, Soaking Tub
Interior Features
- Granite Counters
- High Ceilings
- Open Floorplan
- Storage
- Wired for Data
- Flooring: Tile, Wood
Appliances
- Kitchen Appliances: Dishwasher, Free-Standing Range, Gas Range, Microwave, Refrigerator, Self Cleaning Oven, Water Line to Refrigerator
- Appliances YN: Yes
- Laundry Features: In Closet, Inside, Stackable
Other Rooms
- Kitchen, Living Room, Loft, Primary Bathroom, Primary Bedroom
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central
- Heating: Yes
Kitchen and Dining
- Kitchen Features: Granite Counters, Pots & Pan Drawers, Self-closing drawers
Pool and Spa
- Spa Features: Spa: Yes, Spa Features: Association, Heated, In Ground
Land Info
- Lot Size Acres: 0.7069789
- Lot Size Source: Assessor
- Lot Size Square Feet: 30796
Garage and Parking
- Parking Features: Parking YN: Yes, Parking Features: Community Structure, Guarded
Home Features
- View: City Lights, Neighborhood, Park/Greenbelt
Homeowners Association
- Association: Yes
- Association Amenities: Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Pest Control, Recreation Room, Storage, Concierge, Electricity, Gas, Insurance, Maintenance Grounds, Trash, Sewer, Water, Pet Rules, Call for Rules, Management, Guard, Security, Controlled Access, Hot Water
- Association Fee: 794
- Association Fee Frequency: Monthly
- Calculated Total Monthly Association Fees: 794
School Information
- School District: Los Angeles Unified
Amenities and Community Features
- Community Features: Curbs, Dog Park, Park, Sidewalks, Storm Drains, Urban
Other Property Info
- Source Listing Status: Active Under Contract
- County: Los Angeles
- Directions: Near S Spring St and W 5th St
- Source Property Type: Residential
- Exclusions: Louis Poulsen pendant shade hanging above kitchen island
- Inclusions: Refrigerator(s), Washer(s), Dryer(s), Stove(s), Cabinets, Storage Shelves, Lighting Fixtures, Built-in appliance, Window Covering, Air coolers/conditioners
- Area: C42 - Downtown L.A.
- Property Subtype: condo
- Source Neighborhood: C42 - Downtown L.A.
- Parcel Number: 5149023045
- Postal Code Plus 4: 2030
- Zoning: LAC4
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 720
- Year Built: 1912
- Common Walls: 1 Common Wall, End Unit
- Entry Level: 3
- Entry Location: 3
- Living Area Source: Assessor
- Living Area Units: Square Feet
- Property Age: 113
- Property Attached: Yes
- Roof: Common Roof
- Levels or Stories: One
- Building Total Stories: 12
- Structure Type: Multi Family
- Elevation Units: Feet
- Year Built Source: Assessor
Utilities
- Sewer: Public Sewer
- Water Source: Public