NOT LISTED FOR SALE

531 N Rossmore Ave Unit 204 Los Angeles, CA 90004

Hancock Park Neighborhood

Estimated Value: $861,000 - $981,000

2 Beds
2 Baths
1,548 Sq Ft
$751/mo HOA Fee

Last Sold June 06, 2023

Last sale price $886,000 $572 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,926/month

42 Days on Market

Highlights

  • Automatic Gate
  • Peek-A-Boo Views
  • Wood Flooring
  • Third Street Elementary School Rated A
  • 0.45 Acre Lot
  • Post Modern Architecture

About This Home

As of June 2023

Welcome home to this beautiful 2-bed, 2-bath condo located in the iconic Majorca building in Hancock Park. This lovely unit boasts an open and inviting floor plan, complete with gorgeous hardwood floors and ample natural light that pours in from the large windows. The bedrooms are located on opposite sides of the unit allowing for ultimate privacy. The spacious master bedroom features an ensuite bathroom with dual vanities, a soaking tub, a separate shower and a large walk-in closet, while the second bedroom offers views of the famed El Royale. Washer/Dryer is conveniently located in-unit as well! Situated in one of Los Angeles' most sought-after neighborhoods, you are just steps away from The Wilshire Country Club, Paramount Studios, Larchmont Village, as well as zoned for the coveted 3rd Street Elementary, making it an ideal choice for those who wish to be centrally located. Building amenities include controlled access, secured parking, green space in the rear of building and a storage unit. Don't miss your chance to own this beautiful condo in the heart of Hancock Park!

Last Agent to Sell the Property

Lauren Duffy

Douglas Elliman License #02134685 Listed on: 03/06/2023

Douglas Elliman

Co-Listed By

Rick Tyberg

Douglas Elliman License #02076436

Last Buyer's Agent

Leah Alperin

Alta Realty Group CA, Inc. License #01993098

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,000

Year Built

  • Built in 1960

Lot Details

  • 0.45

HOA Fees

  • $751 Monthly HOA Fees

Home Design

  • Post Modern Architecture

Interior Spaces

  • 1,548 Sq Ft Home
  • Wood Flooring
  • Peek-A-Boo Views
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 1 Covered Space
  • Automatic Gate

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5523-009-045

Community Details

Overview

  • 28 Units
  • 5-Story Property

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,000

Year Built

Built in 1960

Lot Details

0

HOA Fees

$751 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Post Modern
  • Street Number Display: Yes
  • Complex Name: The Majorca
  • Entry Floor: 2
  • Living Area: 1548
  • Lot Acreage: 0.4542
  • Planned Urban Dev: 0
  • Stories: 5
  • Unit Floor In Building: 2
  • Year Built: 1960
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Elevator
  • Price Per S Q F T: 562.02

Exterior Features

  • Pool: No
  • View: Peek-A-Boo
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Gated Underground
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Automatic Gate

Association/Amenities

  • Amenities: Gated Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 751.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5523-009-045
  • Lot Size Area: 19785

Multi Family

  • Number Of Units: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2023
Closed on
Apr 13, 2023
Sold by
Jorjana Exempt Trust
Bought by
Williams Justin
Seller's Agent
Lauren Duffy
Douglas Elliman
Buyer's Agent
Leah Alperin
Alta Realty Group CA, Inc.
List Price
$870,000
Sold Price
$886,000
Premium/Discount to List
$16,000
1.84%
Total Days on Market
42
Views
119
Current Estimated Value
$936,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,617
Avg. Annual Appreciation
2.83%
Original Mortgage
$841,700
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 26, 2018
Closed on
Aug 9, 2018
Sold by
Leus Jonathan P and Leus Ester C
Bought by
Kellaway Jorjana and Mcintosh Family 1992 Trust
Seller's Agent
Marc Lasky
Agent Corner
Buyer's Agent
Marc Lasky
Agent Corner
List Price
$699,000
Sold Price
$699,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.05%

Purchase Details

Closed on
Mar 18, 2005
Sold by
Leus Jonathan P
Bought by
Leus Jonathan P and Leus Ester C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2005
Sold by
The William David Harman Revocable Trust
Bought by
Leus Jonathan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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 Buyer Sale Price Title Company
Williams Justin $886,000 California Best Title
Kellaway Jorjana $699,000 Equity Title Los Angeles
Leus Jonathan P -- California Title Company
Leus Jonathan P -- California Title Company
Leus Jonathan P $465,000 California Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Justin $841,700
Previous Owner Leus Jonathan P $359,500
Previous Owner Leus Jonathan P $364,000
Previous Owner Leus Jonathan P $380,000
Previous Owner Leus Jonathan P $384,000
Previous Owner Leus Jonathan P $372,000
Closed Leus Jonathan P $46,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2023 06/06/23 Sold $886,000 +1.8% $572 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
04/03/2023 04/03/23 Price Changed $870,000 0.0% $562 / Sq Ft
04/03/2023 04/03/23 For Sale $870,000 +2.4% $562 / Sq Ft
03/27/2023 03/27/23 Pending -- -- --
03/06/2023 03/06/23 For Sale $849,900 +21.6% $549 / Sq Ft
08/17/2018 08/17/18 Sold $699,000 0.0% $452 / Sq Ft
08/03/2018 08/03/18 Pending -- -- --
07/02/2018 07/02/18 For Sale $699,000 0.0% $452 / Sq Ft
04/19/2018 04/19/18 Off Market $699,000 -- --
03/26/2018 03/26/18 For Sale $699,000 -- $452 / 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 $11,000 $903,720 $722,976 $180,744
2023 $1,685 $134,031 $70,197 $63,834
2022 $1,611 $131,404 $68,821 $62,583
2021 $1,579 $128,828 $67,472 $61,356
2019 $8,271 $699,000 $556,000 $143,000
2018 $6,863 $569,645 $490,021 $79,624
2016 $6,555 $547,527 $470,994 $76,533
2015 $6,457 $539,304 $463,920 $75,384
2014 $6,481 $528,741 $454,833 $73,908
Source: Public Records

Agents Affiliated with this Home

  • Lauren Duffy

    Seller's Agent in 2023

    Lauren Duffy

    Douglas Elliman

    (718) 640-6032

    1 in this area

    93 Total Sales

    Lauren Duffy
    Section Image
  • Rick Tyberg

    Seller Co-Listing Agent in 2023

    Rick Tyberg

    Douglas Elliman

    (310) 702-2041

    1 in this area

    75 Total Sales

    Rick Tyberg
    Section Image

  • L

    Buyer's Agent in 2023

    Leah Alperin

    Alta Realty Group CA, Inc.

  • M

    Seller's Agent in 2018

    Marc Lasky

    Agent Corner

  • John Austin

    Seller Co-Listing Agent in 2018

    John Austin

    Beverly Drive Realty

    (818) 554-1547

    3 Total Sales

    John Austin
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 23-247951

The MLS

APN: 5523-009-045

California Los Angeles County Los Angeles 90004 Hancock Park

531 N Rossmore Ave Unit 204, Los Angeles, CA

This home is located at 531 N Rossmore Ave Unit 204, Los Angeles, CA 90004 since 06 March 2023 and is currently estimated at $936,617, approximately $605 per square foot. This property was built in 1960. 531 N Rossmore Ave Unit 204 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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