$535,000
SOLD MAY 19, 2016

316 N Rossmore Ave Unit 603 Los Angeles, CA 90004

Hancock Park Neighborhood
1 Bed
1 Bath
651 Sq Ft
1 Acres

Recently Sold

$822 Per Sq Ft

99% Below List Price

87 Days on Market

Highlights

  • Concierge
  • City Lights View
  • Atrium Room
  • 24-Hour Security
  • 43,644 Sq Ft lot
  • French Architecture

About This Home

As of January 2024

Huge REDUCTION. Bring all offers. Penthouse level. Panoramic Views of mountains + downtown. Airy Condo. light filled rooms in The most luxurious building in HP. You'll be asking, Am I on the Champs Elysee? Gleaming Hardwood floors. Floor to ceiling windows. Dining Area. Living room with built ins. Separate Large master with lots of closets. Stainless steel appliances in Kitchen. Private and quiet. Posh and elegant.

Last Agent to Sell the Property

Mary C. Woodward

Keller Williams Larchmont License #01128275 Listed on: 02/06/2016

Keller Williams Larchmont

Co-Listed By

Andrew Woodward

Keller Williams Larchmont License #00811870

Last Buyer's Agent

Charles Culbert

Nourmand & Associates-BH License #01966744

Nourmand & Associates-BH

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,565

Year Built

  • Built in 1926

Parking

  • 1 Car Direct Access Garage
  • Guest Parking
  • Controlled Entrance

Home Design

  • French Architecture
  • Entry on the 6th floor

Interior Spaces

  • 651 Sq Ft Home
  • Atrium Room
  • Wood Flooring
  • City Lights Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Utilities

  • Air Conditioning
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 5523-018-067

Community Details

Overview

  • Association fees include maintenance paid
  • 45 Units

Amenities

  • Concierge
  • Doorman
  • Valet Parking
  • Trash Chute
  • Lounge
  • Elevator
  • Lobby

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,565

Year Built

Built in 1926

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: French
  • Street Number Display: Yes
  • Complex Name: Country Club Manor
  • Entry Floor: 6
  • Living Area: 651
  • Planned Urban Dev: 0
  • Probate: No
  • Unit Floor In Building: 6
  • Year Built: 1926
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Wood
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Refrigerator
  • Price Per S Q F T: 837.17

Exterior Features

  • Balcony: yes
  • Tennis Court Y/N: No
  • Exposure: East
  • Pool: No
  • View: City Lights
  • View: Yes

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Assigned, Community Garage, Controlled Entrance, Covered Parking, Direct Entrance, Garage - 1 Car, Parking for Guests, Parking for Guests - Onsite, Valet

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: 24 Hour

Association/Amenities

  • Amenities: Concierge, Controlled Access, Elevator, Onsite Property Management, Security, Valet Parking
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • Association Fees Include: Maintenance Paid
  • High Rise: 24-Hour Concierge, Controlled Access, Door Person, Entrance Lobby, Lounge, Trash Chute, Valet Parking
  • HOA Fees: 900.00
  • Mgmt Co 2: LeFaubourg-St.Gilles HOA

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5523-018-067
  • Geocode Override: No
  • Lot Size Area: 43644

Multi Family

  • Number Of Units: 45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2023
Closed on
Dec 28, 2023
Sold by
Heifetz And Palmer Living Trust
Bought by
Shekar La Llc
Seller's Agent
Anne Loveland
Coldwell Banker Realty
Buyer's Agent
Greg Saffer
List Price
$1,100,000
Sold Price
$900,000
Premium/Discount to List
-$200,000
-18.18%
Views
110
Current Estimated Value
$793,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$106,102
Avg. Annual Appreciation
-7.67%

Purchase Details

Listed on
Feb 6, 2016
Closed on
May 3, 2016
Sold by
Castro Maria Angeles
Bought by
Heifetz & Palmer Living Trust
Seller's Agent
Mary C. Woodward
Keller Williams Larchmont
Buyer's Agent
Charles Culbert
Nourmand & Associates-BH
List Price
$64,900,000
Sold Price
$535,000
Premium/Discount to List
-$64,365,000
-99.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%

Purchase Details

Closed on
Apr 12, 2011
Sold by
Rappaport Seth and Rappaport Herbert
Bought by
Castro Maria Angeles

Purchase Details

Closed on
May 17, 2004
Sold by
Kealey Maura
Bought by
Rappaport Seth and Rappaport Herbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2000
Sold by
Battaglia Philip M and Battaglia Lorraine M
Bought by
Kealey Maura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.65%

Purchase Details

Closed on
Nov 27, 1995
Sold by
Battaglia Philip M and Battaglia Lorraine M
Bought by
Battaglia Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
9.5%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $900,000 Equity Title
Grant Deed $535,000 Usa National Title
Grant Deed $515,000 Equity Title Company
Grant Deed $455,000 Provident
Individual Deed $230,000 Equity Title Company
Interfamily Deed Transfer $125,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $364,000 Purchase Money Mortgage
Previous Owner $182,000 Unknown
Previous Owner $150,000 No Value Available
Previous Owner $55,000 No Value Available
Closed $40,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2024 01/05/24 Sold $900,000 -4.2% $1,382 / Sq Ft
12/20/2023 12/20/23 Pending -- -- --
12/11/2023 12/11/23 Price Changed $939,000 -6.1% $1,442 / Sq Ft
11/01/2023 11/01/23 Price Changed $999,995 -9.1% $1,536 / Sq Ft
10/03/2023 10/03/23 For Sale $1,100,000 +105.6% $1,690 / Sq Ft
05/19/2016 05/19/16 Sold $535,000 -1.8% $822 / Sq Ft
04/01/2016 04/01/16 Price Changed $545,000 -7.5% $837 / Sq Ft
03/08/2016 03/08/16 Price Changed $589,000 -99.1% $905 / Sq Ft
02/06/2016 02/06/16 For Sale $64,900,000 -- $99,693 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,565 $918,000 $367,200 $550,800
2024 $7,565 $620,907 $388,793 $232,114
2023 $7,420 $608,733 $381,170 $227,563
2022 $7,075 $596,798 $373,697 $223,101
2021 $6,988 $585,097 $366,370 $218,727
2019 $6,777 $567,745 $355,504 $212,241
2018 $6,758 $556,614 $348,534 $208,080
2016 $6,651 $557,361 $313,854 $243,507
2015 $6,552 $548,990 $309,140 $239,850
2014 $6,576 $538,237 $303,085 $235,152
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-979391

The MLS

APN: 5523-018-067