$6,300,000
SOLD NOV 7, 2024
8 Beds
6 Baths
5,878 Sq Ft
0.43 Acres

Recently Sold

$1,072 Per Sq Ft

7% Above List Price

14 Days on Market

Highlights

  • Detached Guest House
  • Heated In Ground Pool
  • 0.43 Acre Lot
  • Third Street Elementary School Rated A
  • Views of Trees
  • Fireplace in Primary Bedroom

About This Home

As of November 2024

This stately home with incredible architectural elements, brings the best of historic architecture to Hancock Park. Built in 1920 by famed architect Arthur Rolland Kelly of The Playboy Mansion, for Arthur Letts Jr. of The Broadway Department Store family, it is one of the earliest residences built in the area still in existence. Character filled and timeless, this corner estate nestled on nearly a half an acre lot, is where Golden Era charm meets an idyllic garden retreat. It is no accident that it was once marketed in the 1920's as a "Beautiful English" and an "estate in the city". Perched high above famed Rossmore Avenue and set back from the street, your heart will soar the moment you arrive where you are greeted by stained glass windows, and pulled to a world of lush landscaping, perfectly placed pool, guest house and storied pedigree. Its unique L shaped layout leads you outside from many vantage points, and the floor plan has a remarkable ease and grace. Giving space where needed while always inviting loved ones together. Warm, natural light abounds throughout, reflecting off rich, peg and groove hardwood floors, welcoming you to an expansive front room complete with a handsome fireplace and carved moldings. Serenity continues as you drift away the days reading your favorite book in the solarium-like office, complete with floor to ceiling shelving, perfect for any bibliophile. Move into the expansive living room where you and yours can cozy up, hang and entertain adjacent to the kitchen & dining areas. Elegant and enchanting formal dining room with banquet and cabinetry makes for perfect gathering. Large, classic tiled kitchen with stainless steel appliances, French oval ceiling pot rack and center island, is a character rich delight. Large finished California basement provides 724 sq ft of additional usable space for storage (not included in square footage), future wine room and functionality. The downstairs level opens to the backyard off of three separate entrances for a true indoor outdoor experience, where an enchanted world of hedged privacy awaits a true oasis. Enjoy those long summer L.A. months perfect for al-fresco dining, entertaining and simply relaxing in your own in-ground swimming pool. Two tasteful guest bedrooms with full bath round out the first floor. Wind your way up the stairs via the handsome staircase with ornate carved wood banister to the second level where 4 large bedrooms and 3 baths, and cozy office await plus the most incredible upstairs entertaining room. The large Primary, complete with its own fireplace, dual walk-in closets, and its own ensuite bath, overlooks the hydrangea dotted backyard. Attached hallway office provides charming workspace privacy. Two additional bedrooms each with their own Juliet balconies, ample closet space, and side-by-side updated bathrooms combine to create a generous floor plan. Wind your way to a window rich entertaining room with a built in bench seat, fully functional as an additional creative, living or lounging space. Home is complete with 5 HVAC systems, upgraded alarm, detached garage and electric remote driveway gate for additional security. The home's unique corner location, and a second driveway with ample gated parking on 4th street makes entering and exiting the property easy for daily life. Detached, 530 sq ft Guest House with its own kitchenette, mini fridge, dishwasher, mini split HVAC and full bath is the perfect at-home office, workspace, or home gym. Boasting nearly 6000 sq ft and just blocks to the shops, restaurants and farmers market of Larchmont Village, Marlborough School and the best Hancock Park has to offer, this magnificent, iconic beauty is waiting for you to write your next chapter. Located in the Third Street School District and Hancock Park HPOZ. This truly is the special estate you have been looking for.

Last Agent to Sell the Property

Alexandria Jack

Compass License #01952539 Listed on: 09/06/2024

Compass

Last Buyer's Agent

Anthony Stellini

Compass License #01710680

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $55,599

Year Built

  • Built in 1920

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 102x177
  • West Facing Home
  • Corner Lot
  • Property is zoned LARE11

Interior Spaces

  • 5,878 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Family Room on Second Floor
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Views of Trees
  • Alarm System
  • Attic
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Carport
  • Auto Driveway Gate

Outdoor Features

  • Heated In Ground Pool
  • Open Patio
  • Outdoor Grill

Additional Homes

  • Detached Guest House

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5505-017-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$55,599

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Levels: Two
  • Street Number Display: Yes
  • Exclusions: 15 rose bushes from front garden
  • Living Area: 5878
  • Lot Acreage: 0.4328
  • Lot Dimensions: 102x177
  • Stories: 2
  • Year Built: 1920
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Master Bedroom, Living Room
  • Flooring: Hardwood, Carpet, Laminate, Tile
  • Bedrooms: 8
  • Fireplaces: 2
  • Full Bathroom: 0
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 4
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Breakfast Area, Dining Area, In Kitchen
  • Laundry: Inside, Laundry Area
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Built-Ins, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Washer, Refrigerator, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 1002.89

Exterior Features

  • Direction Faces: West
  • Other Structures: GuestHouse
  • Guest House: Detached
  • Pool Description: Heated And Filtered, In Ground
  • Pool: Yes
  • Spa Yn: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 1 Car, Driveway Gate, Carport
  • Total Parking: 2

Utilities

  • Cooling: Central, Air Conditioning
  • Heating: Central
  • Sewer: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5505-017-006
  • Lot Location: Corner Lot
  • Lot Size Area: 18851

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2024
Closed on
Oct 25, 2024
Sold by
Jones Family Trust and Jones Christopher Eric
Bought by
Citrone Family Trust and Citrone
Seller's Agent
Alexandria Jack
Compass
Buyer's Agent
Anthony Stellini
Compass
List Price
$5,895,000
Sold Price
$6,300,000
Premium/Discount to List
$405,000
6.87%
Views
33
Current Estimated Value
$6,529,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,913
Avg. Annual Appreciation
2.33%
Original Mortgage
$2,000,000
Outstanding Balance
$1,981,991
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$4,444,022

Purchase Details

Closed on
Sep 2, 2021
Sold by
Jones John and Jones Cathleen
Bought by
Jones Cathleen Carmack and Jones Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,287,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 2007
Sold by
Jones John and Jones Cathleen
Bought by
Jones John R and Jones Cathleen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,160,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 1993
Sold by
Tooley William L and Tooley Reva Berger
Bought by
Jones John and Jones Cathleen

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%
Source: Public Records

Range of Values:

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Average Value
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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 $6,300,000 Equity Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Stewart Title Of Ca Inc
Individual Deed $875,000 Equity Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,000,000 New Conventional
Previous Owner $1,287,000 New Conventional
Previous Owner $1,287,000 Adjustable Rate Mortgage/ARM
Previous Owner $500,000 Credit Line Revolving
Previous Owner $1,283,100 New Conventional
Previous Owner $1,283,100 New Conventional
Previous Owner $450,000 Credit Line Revolving
Previous Owner $1,270,000 New Conventional
Previous Owner $1,240,000 Unknown
Previous Owner $1,160,000 New Conventional
Previous Owner $60,000 Credit Line Revolving
Previous Owner $943,000 Unknown
Previous Owner $675,000 Unknown
Previous Owner $100,000 Unknown
Previous Owner $692,500 Unknown
Previous Owner $650,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2024 11/07/24 Sold $6,300,000 +6.9% $1,072 / Sq Ft
09/20/2024 09/20/24 Pending -- -- --
09/06/2024 09/06/24 For Sale $5,895,000 -- $1,003 / 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 $55,599 $3,683,173 $2,750,636 $932,537
2024 $55,599 $4,579,800 $3,162,000 $1,417,800
2023 $13,555 $1,075,164 $288,743 $786,421
2022 $12,942 $1,054,083 $283,082 $771,001
2021 $12,757 $1,033,416 $277,532 $755,884
2019 $12,381 $1,002,766 $269,301 $733,465
2018 $12,252 $983,105 $264,021 $719,084
2016 $11,675 $944,932 $253,770 $691,162
2015 $11,507 $930,740 $249,959 $680,781
2014 $11,551 $912,509 $245,063 $667,446
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-434559

The MLS

APN: 5505-017-006