NOT LISTED FOR SALE

322 S Rossmore Ave Los Angeles, CA 90020

Hancock Park Neighborhood

Estimated Value: $6,024,000 - $6,494,312

5 Beds
4.5 Baths
5,887 Sq Ft
$1,069/Sq Ft Est. Value

Last Sold November 02, 2021

Last sale price $5,000,000 $849 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $39,487/month

25 Days on Market

Highlights

  • In Ground Pool
  • 0.44 Acre Lot
  • English Architecture
  • Third Street Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of November 2021

Elegant 5BR/5BA Country English estate on almost a 1/2 acre lot in historic Hancock Park. Formal entry & porte-cochere leads to grand 2-story foyer w/ intricate wood details and original lead glass window, the center piece of the home. Living room with beamed ceilings, fireplace & intimate separate bar area. Formal dining. Remodeled kitchen w/ butlers pantry flowing to open breakfast room & den w/ fireplace. Large guest quarters w/ bathroom & additional powder room round out the main level. Upstairs, large private master suite w/ fireplace, luxurious bath, walk-in closet & separate lounging area. 3 additional bedroom, two share Jack & Jill bathroom & 1 w/ its own bathroom. Separate wood panel libraty/office. Great indoor/outdoor flow to rear yard with large flat grassy area and pool. Built-in BBQ & outdoor fireplace. 3-car garage. Short distance to Wilshire Country Club, Larchmont Village shops & restaurants. Historical Preservation Overly Zone. 3rd Street Elementary School.

Last Agent to Sell the Property

Peter Buonocore

Keller Williams Larchmont License #01279107 Listed on: 07/22/2021

Keller Williams Larchmont

Last Buyer's Agent

Non Subscriber

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $63,192

Year Built

  • Built in 1930

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 100x190
  • Property is zoned LARE11

Parking

  • 3 Parking Spaces

Home Design

  • English Architecture

Interior Spaces

  • 5,887 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Library
  • Wood Flooring
  • Oven or Range
  • Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Open Patio
  • Outdoor Fireplace

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5505-017-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$63,192

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Country English
  • Street Number Display: Yes
  • Living Area: 5887
  • Lot Acreage: 0.4362
  • Lot Dimensions: 100x190
  • Stories: 2
  • Year Built: 1930
  • Number Of Photos: 46
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Master Bedroom, Living Room, Exterior
  • Flooring: Hardwood
  • Bedrooms: 5
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Laundry Area
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Refrigerator, Range/Oven, Washer, Dryer
  • Price Per S Q F T: 891.80

Exterior Features

  • Other Structures: None
  • Pool Description: In Ground
  • Pool: Yes
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Garage - 3 Car
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5505-017-003
  • Lot Size Area: 19001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Oct 26, 2021
Sold by
Kim Jennifer Minjung
Bought by
Kim Young Son
Seller's Agent
Peter Buonocore
Keller Williams Larchmont
Buyer's Agent
Non Subscriber
List Price
$5,250,000
Sold Price
$5,000,000
Premium/Discount to List
-$250,000
-4.76%
Current Estimated Value
$6,292,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,292,828
Avg. Annual Appreciation
5.84%

Purchase Details

Closed on
Aug 24, 2021
Sold by
Ferraro Michael James and Ferraro Susan Ryan
Bought by
Lee Seung Hoon and Young Kim Eun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,250,000
Interest Rate
2.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2012
Sold by
Ferraro Michael and Ferraro Susan
Bought by
Ferraro Michael James and Ferraro Susan Ryan

Purchase Details

Closed on
Aug 4, 1998
Sold by
Granger Donald P and Granger Lisa Mcree
Bought by
Ferraro Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.87%

Purchase Details

Closed on
Aug 5, 1996
Sold by
Marshall John B
Bought by
Granger Donald P and Granger Lisa Mcree

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,000
Interest Rate
8%
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 Buyer Sale Price Title Company
Kim Young Son -- Chicago Title Company
Lee Seung Hoon $5,000,000 Chicago Title Company
Ferraro Michael James -- None Available
Ferraro Michael $1,550,000 Equity Title
Granger Donald P $899,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Seung Hoon $3,250,000
Previous Owner Ferraro Michael James $593,500
Previous Owner Ferraro Michael James $625,500
Previous Owner Ferraro Michael James $307,000
Previous Owner Ferraro Michael $320,000
Previous Owner Ferraro Michael $500,000
Previous Owner Ferraro Michael $270,000
Previous Owner Ferraro Michael $475,000
Previous Owner Ferraro Michael $650,000
Previous Owner Granger Donald P $599,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2021 11/02/21 Sold $5,000,000 -4.8% $849 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $5,250,000 -- $892 / 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 $63,192 $5,306,040 $3,183,624 $2,122,416
2024 $63,192 $5,202,000 $3,121,200 $2,080,800
2023 $61,957 $5,100,000 $3,060,000 $2,040,000
2022 $59,060 $5,000,000 $3,000,000 $2,000,000
2021 $27,118 $2,244,909 $1,448,332 $796,577
2019 $26,309 $2,178,326 $1,405,375 $772,951
2018 $26,064 $2,135,615 $1,377,819 $757,796
2016 $24,898 $2,052,688 $1,324,317 $728,371
2015 $24,533 $2,021,856 $1,304,425 $717,431
2014 $24,608 $1,982,252 $1,278,874 $703,378
Source: Public Records

Agents Affiliated with this Home

  • Peter Buonocore

    Seller's Agent in 2021

    Peter Buonocore

    Keller Williams Larchmont

    (323) 762-2561

    17 in this area

    85 Total Sales

    Peter Buonocore
    Section Image

  • N

    Buyer's Agent in 2021

    Non Subscriber

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Map

Source: The MLS

MLS Number: 21-759846

The MLS

APN: 5505-017-003

California Los Angeles County Los Angeles 90020 Hancock Park

322 S Rossmore Ave, Los Angeles, CA

This home is located at 322 S Rossmore Ave, Los Angeles, CA 90020 since 22 July 2021 and is currently estimated at $6,292,828, approximately $1,068 per square foot. This property was built in 1930. 322 S Rossmore Ave is a home located in Los Angeles County with nearby schools including Third Street Elementary School, John Burroughs Middle School, and Fairfax High School.

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