$699,000
SOLD AUG 17, 2018

531 N Rossmore Ave Unit 204 Los Angeles, CA 90004

Hancock Park Neighborhood
2 Beds
2 Baths
1,548 Sq Ft
$465/mo HOA Fee

Recently Sold

$452 Per Sq Ft

130 Days on Market

Highlights

  • Automatic Gate
  • Peek-A-Boo Views
  • Wood Flooring
  • Third Street Elementary School Rated A
  • 19,743 Sq Ft lot
  • Post Modern Architecture

About This Home

As of June 2023

Location, Location, Location. The Majorca, at 531 N Rossmore Avenue, built in 1960, is a stunning Postmodern Hancock Park building, walking distance to bustling Larchmont Village, close to Paramount Studios, adjacent to The Wilshire Country Club, and located within the coveted 3rd Street School zone. This central location is only a short drive to Beverly Hills, Downtown L.A. and Hollywood.This beautiful and Spacious 2 Bedroom/2 Bath Second Story Majorca Condominium Unit features an open floor plan with a large living room, a dining room with wet bar and inside laundry. The master suite offers a walk-in closet and the Master bath has dual vanities, soaking tub and separate shower. Tastefully upgraded with Kempas hardwood floors, a new entry closet, freshly painted and newly updated bathrooms. Your clients will be able to immediately see the potential galore. Building amenities include controlled access, secure parking, green space in the rear of the building and a storage unit.

Last Agent to Sell the Property

Marc Lasky

Agent Corner License #01407701 Listed on: 03/26/2018

Co-Listed By

John Austin

Beverly Drive Realty License #01011772

Last Buyer's Agent

Marc Lasky

Agent Corner License #01407701 Listed on: 03/26/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,000

Year Built

  • Built in 1960

HOA Fees

  • $465 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

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

$465 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
  • Planned Urban Dev: 0
  • Stories: 5
  • Unit Floor In Building: 2
  • Year Built: 1960
  • Number Of Photos: 24
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Elevator
  • Price Per S Q F T: 451.55

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Peek-A-Boo
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Gated Underground

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: 465.25
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5523-009-045
  • Geocode Override: No
  • Lot Size Area: 19743

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%
Views
119
Current Estimated Value
$931,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,352
Avg. Annual Appreciation
2.64%
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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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 $886,000 California Best Title
Grant Deed $699,000 Equity Title Los Angeles
Interfamily Deed Transfer -- California Title Company
Interfamily Deed Transfer -- California Title Company
Grant Deed $465,000 California Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $841,700 New Conventional
Previous Owner $359,500 New Conventional
Previous Owner $364,000 New Conventional
Previous Owner $380,000 New Conventional
Previous Owner $384,000 Unknown
Previous Owner $372,000 Purchase Money Mortgage
Closed $46,500 No Value Available
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

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Map

Source: The MLS

MLS Number: 18-325488

The MLS

APN: 5523-009-045