NOT LISTED FOR SALE

531 N Rossmore Ave Unit 106 Los Angeles, CA 90004

Hancock Park Neighborhood

Estimated Value: $859,000 - $1,014,000

2 Beds
2 Baths
1,547 Sq Ft
0.45 Acres

Last Sold September 04, 2013

Last sale price $535,000 $346 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $5,662/month

6 Days on Market

Highlights

  • Gated Parking
  • 19,797 Sq Ft lot
  • Elevator
  • Third Street Elementary School Rated A
  • Midcentury Modern Architecture
  • Enclosed Patio or Porch

About This Home

As of September 2013

Large corner 2 bed, 2 bath condo in Hancock Park's desirable mid-century building, The Majorca on Rossmore. Excellent floor plan features a formal entry, spacious kitchen and enclosed patio/balcony as a bonus space. Separate and private from the main living space, the master bedroom has ample closets plus dual sinks in the bathroom. Wonderful storage space throughout plus a bonus storage space in the common area hallway. Blocks from Larchmont Village with its restaurants, coffee shops, yoga/spin studios, cool stores and Sunday Farmer's Market. Needs some TLC to really bring it back to its mid-century glory. Amazing opportunity to get your hands on a great canvas in an amazing location. Third Street School. Quieter location in rear of building.

Last Agent to Sell the Property

Angela Bond

Keller Williams Larchmont License #01703532 Listed on: 07/19/2013

Keller Williams Larchmont

Last Buyer's Agent

Eric Lavey

The Beverly Hills Estates License #01511292

The Beverly Hills Estates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,881

Year Built

  • Built in 1960

Lot Details

  • 0.45

Home Design

  • Midcentury Modern Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,547 Sq Ft Home
  • Formal Entry
  • Living Room
  • Dining Area
  • Laundry in unit

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Bathrooms

Parking

  • Gated Parking
  • Parking Garage Space

Additional Features

  • Enclosed Patio or Porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5523-009-040

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 28 Units
  • Elevator
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,881

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Mid-Century
  • Street Number Display: Yes
  • Complex Name: The Majorca
  • Entry Floor: 1
  • Living Area: 1547
  • Planned Urban Dev: 0
  • Probate: Yes
  • Unit Floor In Building: 1
  • Year Built: 1960
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Carpet, Ceramic Tile, Laminate
  • Bedrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Range/Oven, Refrigerator
  • Price Per S Q F T: 319.97

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, Gated Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 528.32

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5523-009-040
  • Geocode Override: No
  • Lot Size Area: 19797

Rental Info

  • Court Approve: No

Multi Family

  • Number Of Units: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2015
Sold by
Birnbaum Abraham S and Birnbaum Martha Kreimer
Bought by
Birnbaum Family Trust
Current Estimated Value
$939,301

Purchase Details

Listed on
Jul 19, 2013
Closed on
Aug 2, 2013
Sold by
Entler Jonathan and Estate Of Ronald Entler
Bought by
Birnbaum Marth Kreimer and Birnbaum Abraham S
Seller's Agent
Angela Bond
Keller Williams Larchmont
Buyer's Agent
Eric Lavey
The Beverly Hills Estates
List Price
$495,000
Sold Price
$535,000
Premium/Discount to List
$40,000
8.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.82%
Original Mortgage
$401,250
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2005
Sold by
Entler Ronald M and The Robert Brandon Trust
Bought by
Entler Ronald M
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
Birnbaum Family Trust -- None Available
Birnbaum Marth Kreimer $535,000 Lawyers Title
Entler Ronald M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Birnbaum Martha Kreimer $391,788
Closed Birnbaum Marth Kreimer $401,250
Previous Owner Entler Ronald M $877,500
Previous Owner Entler Ronald M $625,500
Previous Owner Entler Ronald M $544,185
Previous Owner Entler Ronald M $127,800
Previous Owner Brandon Robert $104,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2013 09/04/13 Sold $535,000 +8.1% $346 / Sq Ft
07/25/2013 07/25/13 Pending -- -- --
07/19/2013 07/19/13 For Sale $495,000 -- $320 / 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 $7,881 $655,824 $407,349 $248,475
2024 $7,881 $642,965 $399,362 $243,603
2023 $7,732 $630,359 $391,532 $238,827
2022 $7,373 $618,000 $383,855 $234,145
2021 $7,276 $605,883 $376,329 $229,554
2019 $7,057 $587,915 $365,168 $222,747
2018 $7,035 $576,388 $358,008 $218,380
2016 $6,721 $554,008 $344,107 $209,901
2015 $6,623 $545,688 $338,939 $206,749
2014 $6,649 $535,000 $332,300 $202,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-690077

The MLS

APN: 5523-009-040