NOT LISTED FOR SALE

531 N Rossmore Ave Unit 103 Los Angeles, CA 90004

Hancock Park Neighborhood

Estimated Value: $778,000 - $964,000

2 Beds
2 Baths
1,384 Sq Ft
0.45 Acres

Last Sold June 28, 2013

Last sale price $449,000 $324 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $5,491/month

11 Days on Market

Highlights

  • 19,796 Sq Ft lot
  • Contemporary Architecture
  • Elevator
  • Third Street Elementary School Rated A
  • Wood Flooring
  • Living Room

About This Home

As of June 2013

Renovated condo in the Majorca, premier Hancock Park condo on historic Rossmore Avenue. First floor two bedroom/2 bathroom unit with large outdoor patio. Large living room and dining area. Individual bedroom/bathroom suites on separate sides of the unit, perfect for roommate sharing or guests. Renovated kitchen and bathrooms. Laundry in the unit. Heating and air conditioning is covered in HODs. Third Street School District. Close to Larchmont Village shops, restaurants, coffee shops and Sunday farmer's market.

Last Agent to Sell the Property

Peter Buonocore

Keller Williams Larchmont License #01279107 Listed on: 03/07/2013

Keller Williams Larchmont

Last Buyer's Agent

Timothy Joseph

Coldwell Banker Realty License #01137429

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,659

Year Built

  • Built in 1960

Lot Details

  • 0.45

Parking

  • Parking Garage Space

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,384 Sq Ft Home
  • Living Room
  • Dining Room
  • Wood Flooring
  • Disposal
  • Laundry in Garage

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5523-009-042

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 28 Units
  • Elevator
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,659

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: The Majorca
  • Entry Floor: 1
  • Living Area: 1384
  • Planned Urban Dev: 0
  • Unit Floor In Building: 1
  • Year Built: 1960
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 2
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Garbage Disposal
  • Price Per S Q F T: 324.42

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Community Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Card/Code Access

Association/Amenities

  • Amenities: Elevator
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 477.00

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5523-009-042
  • Geocode Override: No
  • Lot Size Area: 19796

Multi Family

  • Number Of Units: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2017
Sold by
Mousavi Ali and Pourzangi Banafsheh
Bought by
Mousavi Ali and Pourzangi Banafsheh
Total Days on Market
11
Current Estimated Value
$879,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,888
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 7, 2013
Closed on
Jun 4, 2013
Sold by
Theba Iqbal and Theba Humaira
Bought by
Mousavi Seyed Ali and Pourzangiabadi Banafsheh
Seller's Agent
Peter Buonocore
Keller Williams Larchmont
Buyer's Agent
Timothy Joseph
Coldwell Banker Realty
List Price
$449,000
Sold Price
$449,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.80%
Original Mortgage
$404,100
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2012
Sold by
Theba Iqbal
Bought by
Theba Iqbal and Theba Humaira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2002
Sold by
Theba Humera Shah
Bought by
Theba Iqbal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.09%

Purchase Details

Closed on
Dec 7, 1999
Sold by
Gerometta John W and Gerometta Donna K
Bought by
Theba Iqbal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,400
Interest Rate
7.82%
Source: Public Records

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Range of Values:

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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
Mousavi Ali -- Wfg Title Company
Mousavi Seyed Ali $449,000 Fatcola-Resale
Theba Iqbal -- First American Title Company
Theba Iqbal -- Southland Title
Theba Iqbal $152,000 Provident Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mousavi Ali $415,000
Closed Mousavi Ali $100,000
Closed Mousavi Ali $378,888
Closed Mousavi Seyed Ali $404,100
Previous Owner Theba Iqbal $155,000
Previous Owner Theba Iobal $250,000
Previous Owner Theba Iqbal $180,000
Previous Owner Theba Iqbal $144,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2013 06/28/13 Sold $449,000 0.0% $324 / Sq Ft
04/18/2013 04/18/13 For Sale $449,000 0.0% $324 / Sq Ft
03/18/2013 03/18/13 Pending -- -- --
03/07/2013 03/07/13 For Sale $449,000 -- $324 / 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
2024 $6,659 $542,059 $313,888 $228,171
2023 $6,534 $531,432 $307,734 $223,698
2022 $6,232 $521,012 $301,700 $219,312
2021 $6,149 $510,797 $295,785 $215,012
2019 $5,964 $495,649 $287,013 $208,636
2018 $5,944 $485,932 $281,386 $204,546
2017 $5,816 $476,405 $275,869 $200,536
2016 $5,678 $467,064 $270,460 $196,604
2015 $5,595 $460,049 $266,398 $193,651
2014 $5,619 $451,038 $261,180 $189,858
Source: Public Records

Agents Affiliated with this Home

  • Peter Buonocore

    Seller's Agent in 2013

    Peter Buonocore

    Keller Williams Larchmont

    (323) 762-2561

    15 in this area

    82 Total Sales

    Peter Buonocore
    Section Image

  • T

    Buyer's Agent in 2013

    Timothy Joseph

    Coldwell Banker Realty

    Section Image
  • Nadia Emelia

    Buyer Co-Listing Agent in 2013

    Nadia Emelia

    Revel Real Estate

    (310) 890-5230

    1 in this area

    6 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 13-656445

The MLS

APN: 5523-009-042

California Los Angeles County Los Angeles 90004 Hancock Park

531 N Rossmore Ave Unit 103, Los Angeles, CA

This home is located at 531 N Rossmore Ave Unit 103, Los Angeles, CA 90004 since 07 March 2013 and is currently estimated at $879,354, approximately $635 per square foot. This property was built in 1960. 531 N Rossmore Ave Unit 103 is a home located in Los Angeles County with nearby schools including Third Street Elementary School, Hubert Howe Bancroft Middle School, and Fairfax High School.

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