Sold for $700,000

Listed by: Gotham Realty • Derek Ramos • Contact: 818-988-0755

Bought with: Gotham Realty

$700,000

505 S Rowan Ave, Los Angeles, CA 90063

4beds

5baths

2,924sqft

Multi Family

Built in 1929

-- sqft lot

$959,400 Zestimate^®

$239/sqft

$2,902 Estimated rent

Home value

$959,400

$854,000 - $1.06M

$2,902/mo

Zestimate^® history

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$4,433/mo

Est. payment

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$4,433/mo

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What's special

4 Unit building close to Downtown LA . Great Potential . Close to freeways and shopping. Any questions please call listing agent .

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 5

Heating

None

Cooling

None

Appliances

Laundry: None

Features

Has fireplace: No
Fireplace features: None
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 2,924
Total interior livable area: 2,924 sqft

Property

Parking

Total spaces: 3
Parking features: Door-Single, Garage Faces Front, Garage, Public
Garage spaces: 3

Features

Levels: Two
Stories: 2
Pool features: None
Spa features: None
Fencing: Block
Has view: Yes
View description: None

Lot

Size: 4,950 Square Feet
Features: Sprinklers None

Details

Parcel number: 5238003054
Zoning: LCR4*
Special conditions: Trust

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Roof: Asphalt,Composition

Condition

Year built: 1929

Community & HOA

Community

Features: Curbs, Street Lights, Sidewalks
Subdivision: Not Applicable

Location

Region: Los Angeles

Financial & listing details

Price per square foot: $239/sqft
Tax assessed value: $60,001
Annual tax amount: $2,974
Date on market: 6/8/2025
Cumulative days on market: 117 days
Listing terms: Cash

Price history

Date	Event	Price
11/13/2025	Sold	$700,000-3.4%$239/sqft
Source: CRMLS #P1-22644 Report a problem
10/23/2025	Pending sale	$724,999$248/sqft
Source: CRMLS #P1-22644 Report a problem
9/30/2025	Contingent	$724,999$248/sqft
Source: CRMLS #P1-22644 Report a problem
9/27/2025	Listed for sale	$724,999$248/sqft
Source: CRMLS #P1-22644 Report a problem
9/17/2025	Contingent	$724,999-10.5%$248/sqft
Source: CRMLS #P1-22644 Report a problem
6/23/2025	Listed for sale	$810,000$277/sqft
Source: SDMLS #P1-22644 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,974 +9.7%	$60,001 +2%
2024	$2,710 +0.9%	$58,826 +2%
2023	$2,684 +2.1%	$57,674 +2%
2022	$2,629 +1.6%	$56,544 +2%
2021	$2,588 +0%	$55,436 +1%
2020	$2,588	$54,869 +2%
2019	$2,588 +6.7%	$53,794 +2%
2018	$2,426	$52,740 +2%
2017	$2,426 +1.2%	$51,707 +2%
2016	$2,397 +3%	$50,694 +1.5%
2015	$2,327 +0.3%	$49,934 -84.3%
2014	$2,321	$317,341 +582.5%
2010	--	$46,496 -0.2%
2009	--	$46,607 +6.1%
2006	--	$43,922
2005	--	$43,922 +4%
2004	--	$42,218