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**MILLS ACT TAX SAVINGS OF UP TO 80%** Discover a truly unique opportunity to own a stunning top-floor Penthouse loft in the iconic Rowan building. This serene penthouse, perched high on the 12th floor, offers exceptional privacy with no shared walls and a peaceful, interior-facing orientation that shields you from the city's hustle while still flooding the space with natural light through wall-to-wall, oversized mahogany-framed windows overlooking the tranquil atrium courtyard.The loft exudes character with exposed brick walls, soaring 13' brick barreled ceilings, and a charming skylight, all complemented by central HVAC for year-round comfort. Its historic charm is flawlessly paired with modern luxuries, including Scavolini custom kitchen and bathroom cabinetry, sleek stainless steel Bosch appliances, granite countertops, a relaxing soaking tub, and elegant engineered wood flooring. The open-concept gourmet kitchen enhances both functionality and style, perfect for everyday living and entertaining. Residents at The Rowan enjoy premium amenities such as 24-hour private security, a spacious residents' lounge with a kitchenette, a private garden with a barbecue area and outdoor seating, and inviting hot and cold spas. The building is also pet-friendly, welcoming your furry companions. Parking & Storage available for an additional cost. Located in Downtown LA's vibrant Historic Core, right next to Spring Street Park, this loft offers the perfect blend of urban living and peaceful retreat. Plus, benefit from substantial property tax savings (approximately 60-80%) through the Mills Act, making this an incredible investment opportunity. Truly a must see to really capture what this unit and building have to offer.
Property Type(s):
Condo/Townhouse/Co-Op
| Last Updated | 3/11/2025 | Year Built | 1912 |
|---|---|---|---|
| Community | Downtown L.A. | County | Los Angeles |
Price History
| Prior to Mar 11, '25 | $565,000 |
|---|---|
| Mar 11, '25 - Today | $550,000 |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Controlled Access, Fire Pit, Outdoor Cooking Area, Security, Spa/Hot Tub |
| APPLIANCES | Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer |
| AREA | Downtown L.A. |
| GARAGE | Community Structure, Off Site |
| HEAT | Central |
| HOA DUES | 740 |
| LOT | 0.71 acre(s) |
| PARKING | Off Site,Community Structure |
| POOL DESCRIPTION | None |
| STORIES | 1 |
| VIEW | Yes |
| VIEW DESCRIPTION | Courtyard |
| ZONING | LAC4 |
Location
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Listed with Compass
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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