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$498,500

Beds
1
Baths
2.0
sq ft
860

460 S Spring St Unit 413, Los Angeles, CA 90013

460 S Spring St Unit 413

Los Angeles, CA 90013

  • 67 days on market
    • Price drop $21,500↓
Experience the charm of Unit 413 at the Rowan Building located in the Historic Core of Downtown LA. At this price point, you will find that there are many benefits to invest in this special space. This loft has a warm industrial feel to it with high ceilings, an open floor plan, exposed brick walls, and hardwood floors. The kitchen has generous cabinet and counter space, stainless steel appliances, and leads to the welcoming living room with a closeted washer/dryer, and a full bathroom. The primary bedroom includes a full bathroom and closet. This is a Mills Act building, which offers significant property tax savings. Building amenities include 24-hour security, resident's lounge, hot and cold plunge pools, outdoor BBQ area, and bike storage. Optional paid parking with a partially gated walkway to the Old Bank District Garage is also available.

Details

Property type

Condominium

Est. home value

$765,270

Lot size

0.707 acres

Price per sq ft

$580

Year built

1912

Monthly HOA fee

$789.57

Price History

11/07/2024
CLAW

CLAW #24453351

Price change
$498,500
-4.13%
10/16/2024
CLAW

CLAW #24453351

Listed
$520,000
-0.95%
08/06/2024
CRMLS

CRMLS #P1-16993

Removed
$525,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Jackson Flagstar Centre Office

Loan start date

May 2023

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

6.42%

Loan type

Credit Line (Revolving), 30 year

Seller

Evan Kuhlmann and Russell Kenjio Shinpo

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/22/2024 at 12:30 PM

Listing updated: 12/05/2024 at 3:10 AM

Listed by: Neil Behnke, Compass Phone #: (626) 205-4040

MLS: CLAW #24453351

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