NOT LISTED FOR SALE

585 N Rossmore Ave Unit 209 Los Angeles, CA 90004

Hancock Park Neighborhood

Estimated Value: $916,000 - $922,033

2 Beds
2 Baths
1,190 Sq Ft
$541/mo HOA Fee

Last Sold April 18, 2022

Last sale price $925,000 $777 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $6,585/month

7 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • 0.41 Acre Lot
  • Third Street Elementary School Rated A
  • Gated Parking
  • Wood Flooring

About This Home

As of April 2022

Buying a condo doesn't mean you have to sacrifice indoor and/or outdoor space. The condos at The Rossmore in Hancock Park not only offer sunlit spacious floor-plans that mirror a single family residence they also offer a rooftop pool and barbecue setting that rivals LA's most chic hotels. Host friends and enjoy the 360 views from the pool during the day then cook dinner as the sun goes down from the rooftop kitchen. The rooftop wet bar and grille have been recently updated and because the building only has 39 units it is rarely frequented. On the days you don't want to host, Larchmont Village is three blocks away. On the days you don't want the exercise from walking to Larchmont there is a well appointed gym. The unit itself is a turnkey, bright rear corner unit with SW views, 2 spacious bedrooms, 2 baths, in-unit laundry, 2-car tandem parking, brand new floors, a private balcony and ample closet and storage space. All of the living spaces have exterior facing windows allowing natural light throughout the unit. The building has an upscale lobby and conference room, allows pets under 25 lbs and is in the coveted 3rd Street Elementary district. Other notable nearby attractions: Hollywood/Vine Entertainment District, Paramount Studios, Los Angeles Tennis Club, Wilshire Country Club, The Grove, Melrose Design District, West Hollywood and Museum Row.Offers, if any, will be responded to after April 10. Easy to show by appointment.

Last Agent to Sell the Property

Imraan Ali

Compass License #01391639 Listed on: 03/28/2022

Compass

Last Buyer's Agent

Edward Kim

eXp Realty of California Inc License #01893277

eXp Realty of California Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,676

Year Built

  • Built in 1990

Lot Details

  • 0.41

HOA Fees

  • $541 Monthly HOA Fees

Interior Spaces

  • 1,190 Sq Ft Home
  • Decorative Fireplace
  • Dining Area
  • Wood Flooring
  • Property Views

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Tandem Parking
  • Gated Parking
  • Assigned Parking

Additional Features

  • In Ground Pool
  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5523-009-076

Community Details

Overview

  • 39 Units
  • 5-Story Property

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,676

Year Built

Built in 1990

Lot Details

0

HOA Fees

$541 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Street Number Display: Yes
  • Complex Name: Allstate HOA Management
  • Entry Floor: 2
  • Living Area: 1190
  • Lot Acreage: 0.4121
  • Planned Urban Dev: 0
  • Stories: 5
  • Unit Floor In Building: 2
  • Year Built: 1990
  • Number Of Photos: 36
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Decorative
  • Flooring: Wood
  • 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, In Closet
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dryer, Refrigerator, Washer, Range/Oven, Dishwasher
  • Price Per S Q F T: 671.43

Exterior Features

  • Pool Description: Association Pool, Community
  • Pool: Yes
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Garage, Gated, Tandem
  • Total Parking: 2

Utilities

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

Association/Amenities

  • Amenities: Pool, Exercise Room, Fitness Center
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 541.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5523-009-076
  • Lot Size Area: 17950

Multi Family

  • Number Of Units: 39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2020
Sold by
Rasuk Victor
Bought by
Rubenstein Todd and The East 8Th Trust
Current Estimated Value
$918,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Outstanding Balance
$388,335
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$529,673

Purchase Details

Closed on
Aug 12, 2016
Sold by
Rasuk Victor
Bought by
Rubenstein Todd and East 18Th Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,000
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 14, 2013
Closed on
Sep 3, 2013
Sold by
Hopwood John C and Hopwood Barbara J
Bought by
Rubenstein Todd and East 8Th Trust
Seller's Agent
John Hopwood
PAR 3 Group
Buyer's Agent
Imraan Ali
Compass
List Price
$599,900
Sold Price
$600,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.66%
Original Mortgage
$480,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 18, 2011
Sold by
Hopwood John C and Hopwood Barbara J
Bought by
Hopwood John C and Hopwood Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2008
Sold by
Hopwood John and Hopwood Barbara J
Bought by
Hopwood John C and Hopwood Barbara J

Purchase Details

Closed on
May 6, 2008
Sold by
Tmc Veritas Hancock Park Llc
Bought by
Hopwood John and Steinitz Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.75%
Mortgage Type
New Conventional
Source: Public Records

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
Rubenstein Todd -- None Available
Rasuk Victor -- First American Title Company
Rasuk Victor -- First American Title Company
Rubenstein Todd -- Title365
Rasuk Victor -- Title 365
Rubenstein Todd $600,000 Old Republic Title Company
Hopwood John C -- First American Title Lenders
Hopwood John C -- First American Title Lenders
Hopwood John C -- None Available
Hopwood John $525,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rubenstein Todd $184,000
Open Rasuk Victor $436,000
Previous Owner Rasuk Victor $463,000
Previous Owner Rubenstein Todd $480,000
Previous Owner Hopwood John C $325,000
Previous Owner Hopwood John $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2022 04/18/22 Sold $925,000 +15.8% $777 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
03/28/2022 03/28/22 For Sale $799,000 0.0% $671 / Sq Ft
09/14/2020 09/14/20 Rented $3,500 0.0% --
08/11/2020 08/11/20 For Rent $3,500 0.0% --
10/07/2013 10/07/13 Sold $600,000 0.0% $504 / Sq Ft
08/16/2013 08/16/13 Pending -- -- --
08/14/2013 08/14/13 For Sale $599,900 -- $504 / 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 $11,676 $981,616 $658,267 $323,349
2024 $11,676 $962,369 $645,360 $317,009
2023 $11,450 $943,500 $632,706 $310,794
2022 $8,211 $693,087 $434,104 $258,983
2021 $8,107 $679,498 $425,593 $253,905
2019 $7,862 $659,346 $412,971 $246,375
2018 $7,846 $646,419 $404,874 $241,545
2016 $7,502 $621,319 $389,153 $232,166
2015 $7,391 $611,987 $383,308 $228,679
2014 $7,419 $600,000 $375,800 $224,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-139959

The MLS

APN: 5523-009-076