$860,000
SOLD NOV 16, 2017 RENTED JAN 21, 2025

531 N Rossmore Ave Unit 302 Los Angeles, CA 90004

Hancock Park Neighborhood
2 Beds
2 Baths
1,605 Sq Ft
$503/mo HOA Fee

Recently Sold

$536 Per Sq Ft

8% Above List Price

13 Days on Market

Highlights

  • Automatic Gate
  • 19,743 Sq Ft lot
  • Post Modern Architecture
  • Third Street Elementary School Rated A
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of January 2024

This Iconic Hancock Park Address Is Blocks From Bustling Larchmont Village Boasting An Incredible 1960's Postmodern Architectural Achievement: The Majorca. Elegance, Sophistication and Class Surrounds You In This Designer Remodeled 3rd Story Condominium Just Down From Wilshire Country Club. Formal Foyer Entry Greets You w Rich Cherry Hardwoods Opening Up To Your Bright Corner Living Room w Glass Doors To Private Balcony w Mid-Century Touches. Your True Cook's Kitchen Opens To The Living Room w Breakfast Bar, Lots of Stainless, Glass Door To Balcony and Is Flooded Natural Light! The Private Wing Awaits w Sumptuous Master Suite w Closets Galore, Remodeled Bathroom, and Vanity Area. A 2nd Guest Bedroom and Bath Complete the Separate Living Quarters. Tons of Natural Light, Old Hollywood Charm and A Gorgeous Sycamore Tree-Lined Street Make This Coveted Property A Truly Unique Offering and the Perfect City Escape!

Last Agent to Sell the Property

Jason Reitz

Rock Realty Group License #01147587 Listed on: 10/10/2017

Co-Listed By

Ryan T. Brown

Rock Realty Group License #01782982

Last Buyer's Agent

Jason Reitz

Rock Realty Group License #01147587 Listed on: 10/10/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,680

Year Built

  • Built in 1960

HOA Fees

  • $503 Monthly HOA Fees

Home Design

  • Post Modern Architecture
  • Entry on the 3rd floor

Interior Spaces

  • 1,605 Sq Ft Home
  • 4-Story Property
  • Living Room
  • Dining Area
  • Basement

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Covered Space
  • Automatic Gate

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5523-009-050

Community Details

Overview

  • 30 Units

Pet Policy

  • Pets Allowed

Additional Features

  • Elevator
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,680

Year Built

Built in 1960

Lot Details

0

HOA Fees

$503 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Post Modern
  • Street Number Display: Yes
  • Complex Name: The Majorca
  • Entry Floor: 3
  • Living Area: 1605
  • Planned Urban Dev: 0
  • Stories: 4
  • Unit Floor In Building: 3
  • Year Built: 1960
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile
  • Bedrooms: 2
  • Fireplaces: 0
  • 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: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Fireplace: No
  • Price Per S Q F T: 497.82

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: Central
  • Earth Quake Ins: 0
  • Heating: Central
  • Security: Automatic Gate

Association/Amenities

  • Amenities: Controlled Access, Elevator
  • Pet Rules: Yes

Condo/Co-op/Association

  • Assessments: No
  • HOA Fee Frequency: Monthly
  • HOA Fees: 503.36
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5523-009-050
  • Geocode Override: No
  • Lot Size Area: 19743

Multi Family

  • Number Of Units: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2023
Closed on
Dec 7, 2023
Sold by
Robert And Ava Gold Famally Trust
Bought by
Kothart Ankur and Kothart Yuka
Seller's Agent
Kevin Dehaeseleer
Coldwell Banker Realty
List Price
$969,000
Sold Price
$907,500
Premium/Discount to List
-$61,500
-6.35%
Views
2599
Current Estimated Value
$997,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,607
Avg. Annual Appreciation
4.38%
Original Mortgage
$726,000
Outstanding Balance
$714,720
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$261,030

Purchase Details

Listed on
Oct 10, 2017
Closed on
Oct 31, 2017
Sold by
Grace John K and North Orange Grove Trust 2001
Bought by
Gold Robert and Robert & Ava Gold Family Trust
Seller's Agent
Jason Reitz
Rock Realty Group
Buyer's Agent
Jason Reitz
Rock Realty Group
List Price
$799,000
Sold Price
$860,000
Premium/Discount to List
$61,000
7.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.88%

Purchase Details

Listed on
May 1, 2014
Closed on
Aug 1, 2014
Sold by
Dent Brian C and The Dent Living Trust
Bought by
Grace John K and North Orange Grove Trust 2001
Seller's Agent
Jason Woodruff
Keller Williams Hollywood Hills
Buyer's Agent
Lee Wasser
Sotheby's International Realty
List Price
$729,000
Sold Price
$729,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.25%
Original Mortgage
$546,750
Interest Rate
3.1%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 9, 2009
Sold by
Dent Brian Christian
Bought by
Dent Brian C and The Dent Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2009
Sold by
Saidy Anthony F and Estate Of Marie Saidy
Bought by
Dent Brian Christian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2006
Sold by
Wareham David and Trust Kristopher
Bought by
Saidy Marie

Purchase Details

Closed on
Mar 18, 2005
Sold by
Wareham David
Bought by
Wareham David and Trust Kristopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 2005
Sold by
Trust Kristopher
Bought by
Wareham David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 2004
Sold by
Wareham David
Bought by
Wareham David and Trust Kristopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,200
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 2003
Sold by
Burton Elaine and Wolford Susan
Bought by
Wareham David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,200
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 11, 2000
Sold by
Engelman Freddy Sirott and Engelman Freddy
Bought by
Engelman Freddy Sirott and Freddy Sirott Engelman Trust
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 Type Sale Price Title Company
Grant Deed $907,500 Equity Title
Grant Deed $860,000 Chicago Title Company
Grant Deed $729,000 Chicago Title
Interfamily Deed Transfer -- None Available
Grant Deed $565,000 Equity Title Los Angeles
Grant Deed $769,000 California Title Company
Interfamily Deed Transfer -- --
Grant Deed -- Financial Title Company
Interfamily Deed Transfer -- --
Grant Deed $389,000 Equity Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $726,000 New Conventional
Previous Owner $546,750 Adjustable Rate Mortgage/ARM
Previous Owner $401,927 New Conventional
Previous Owner $417,000 Purchase Money Mortgage
Previous Owner $420,000 Purchase Money Mortgage
Previous Owner $311,200 Purchase Money Mortgage
Closed $77,800 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2025 01/21/25 Rented $4,395 -0.1% --
01/08/2025 01/08/25 Price Changed $4,400 -2.2% $3 / Sq Ft
12/09/2024 12/09/24 For Rent $4,500 0.0% --
01/03/2024 01/03/24 Sold $907,500 -2.4% $565 / Sq Ft
12/08/2023 12/08/23 Pending -- -- --
09/20/2023 09/20/23 Price Changed $929,900 -4.0% $579 / Sq Ft
09/01/2023 09/01/23 For Sale $969,000 +12.7% $604 / Sq Ft
11/16/2017 11/16/17 Sold $860,000 +7.6% $536 / Sq Ft
10/23/2017 10/23/17 Pending -- -- --
10/10/2017 10/10/17 For Sale $799,000 +9.6% $498 / Sq Ft
08/25/2014 08/25/14 Sold $729,000 0.0% $454 / Sq Ft
07/24/2014 07/24/14 Pending -- -- --
05/01/2014 05/01/14 For Sale $729,000 -- $454 / 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 $11,680 $925,650 $369,750 $555,900
2024 $11,680 $959,343 $401,585 $557,758
2023 $11,456 $940,533 $393,711 $546,822
2022 $10,921 $922,092 $385,992 $536,100
2021 $10,783 $904,013 $378,424 $525,589
2019 $10,457 $877,200 $367,200 $510,000
2018 $10,430 $860,000 $360,000 $500,000
2017 $9,151 $754,917 $143,941 $610,976
2016 $8,942 $740,116 $141,119 $598,997
2015 $8,810 $729,000 $139,000 $590,000
2014 $7,279 $593,526 $378,492 $215,034
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-279036

The MLS

APN: 5523-009-050