Hip city living in the heart of Downtown LA; This south-east facing studio with unobstructed views is on the 5th floor of the iconic Beaux-Arts architectural Rowan Building adjacent to Spring Street Park. Take advantage of the huge discount on property taxes via Mills Act which makes this a great buy for first time home buyer, working professional, or investors. The unit features high ceilings, exposed brick walls & large double hung mahogany windows that allow in plenty of natural light. The kitchen comes with modern appliances and the entire unit has beautiful new thick plank wood floors. The bathroom has European tile and also enjoy the convenience of also having your own washer/dryer in unit. The HOA amenities include resident's lounge with kitchenette, big screen TV, barbecue area with tables & seating, hot & cold spas, dog run, and 24 hour security. Walking distance to park, restaurants, galleries, and all that Downtown has to offer. Parking and storage space available for rent.
Rick Dergan is a respected REALTOR® with over 35 years of real estate experience in the Los Angeles area. Known for his deep market knowledge and commitment to excellence, Rick sets himself apart with a distinguished level of professionalism and expertise. His career, which began in Hancock Park—where he quickly rose to become one of LA’s top 25 agents—has since expanded to include West Hollywood, Beverly Hills, Marina del Rey, Orange County, the San Fernando Valley, and even Puerto Vallarta.
Rick’s success is built on a client-first philosophy. He prioritizes relationships over commissions and has earned the trust of a loyal client base. With over $1 billion in sales, it shows his customers become repeat clients. His strengths in negotiation, attention to detail, and hands-on guidance throughout the entire buying or selling process ensure a seamless experience. Today, Rick leads a thriving team of 15 agents and leverages an expansive network of real estate professionals across the country—offering clients a strategic advantage in any market.
With over $1 billion in sales to date, Rick’s results speak for themselves. Whether you’re buying, selling, or investing, he’s committed to delivering unmatched service and results.