NOT LISTED FOR SALE

531 N Rossmore Ave Unit 205 Los Angeles, CA 90004

Hancock Park Neighborhood

Estimated Value: $875,000 - $961,000

2 Beds
2 Baths
1,597 Sq Ft
$821/mo HOA Fee

Last Sold April 02, 2024

Last sale price $980,000 $614 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $6,909/month

14 Days on Market

Highlights

  • Gated Parking
  • 0.45 Acre Lot
  • Wood Flooring
  • Third Street Elementary School Rated A
  • Midcentury Modern Architecture
  • Park or Greenbelt View

About This Home

As of April 2024

Introducing a stunning urban oasis nestled in Larchmont Village/Hancock Park, offering the perfect blend of modern luxury and convenience. This exceptional 2 bed, 2 bath property is a quiet rear corner unit condo, presenting a captivating combination of contemporary design and thoughtful features. Upon entry, the spacious open floor plan greets you, where the living, dining, and kitchen seamlessly flow together. In the living space, you will find an aesthetically beautiful + functional wall of built-in cabinetry to satisfy all your storage needs. Cook up a storm in the exquisite kitchen, equipped with stainless steel appliances for the modern-day entertainer. You will also find a bonus space off of the kitchen, great for an at-home office or workout area. Revel in a seemingly minimalistic lifestyle made possible with a maximized primary walk-in + wall-to-wall closet, and ensuite bath with a separate tub and shower. Located just moments away from Larchmont Blvd, you'll have convenient access to an array of trendy boutiques, cafes and restaurants. This property is a true urban sanctuary, providing a comfy living experience. Don't miss the opportunity to call this exquisite corner unit your home.

Last Listed By

Tiffany Chin

Keller Williams Larchmont License #01819365 Listed on: 03/04/2024

Keller Williams Larchmont

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,924

Year Built

  • Built in 1960

Lot Details

  • 0.45

HOA Fees

  • $821 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Gated Parking
  • Assigned Parking

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 1,597 Sq Ft Home
  • 1-Story Property
  • Formal Entry
  • Living Room
  • Dining Area
  • Wood Flooring
  • Park or Greenbelt Views

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Home Security

Additional Features

  • Enclosed Glass Porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5523-009-047

Community Details

Overview

  • Association fees include water, trash, maintenance paid, building and grounds
  • 28 Units

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Resident Manager or Management On Site
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,924

Year Built

Built in 1960

Lot Details

0

HOA Fees

$821 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Mid-Century
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: Introducing a stunning urban oasis nestled in Larchmont Village/Hancock Park, offering the perfect blend of modern luxury and convenience. This exceptional 2 bed, 2 bath condo is a quiet rear corner unit, presenting a captivating combination of contemporary design and thoughtful features. Upon entry, the spacious open floor plan greets you, where the living, dining, and kitchen seamlessly flow together. The living space feat. an aesthetically beautiful + functional wall of built-in cabinetry to satisfy all your storage needs. Cook up a storm in the exquisite kitchen for the modern-day entertainer. The bonus space off of the kitchen is great for an at-home office or workout area. Revel in a seemingly minimalistic lifestyle made possible with a maximized primary walk-in + wall-to-wall closet, and ensuite bath with a s separate tub and shower. Located just moments away from Larchmont Blvd!
  • Complex Name: The Majorca
  • Entry Floor: 2
  • Living Area: 1597
  • Lot Acreage: 0.4544
  • Planned Urban Dev: 0
  • Stories: 1
  • Unit Floor In Building: 2
  • Year Built: 1960
  • Number Of Photos: 44
  • 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
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Laundry: In Kitchen
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Elevator, Freezer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer
  • Inclusions: dishwasher, stove, fridge, microwave, washer, dryer, safe in primary bedroom, smart home light switches
  • Price Per S Q F T: 551.03

Exterior Features

  • Pool: No
  • View: Green Belt
  • View: Yes

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Assigned
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Earth Quake Ins: 0
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Card/Code Access, Smoke Detector

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Elevator, Gated Parking, Onsite Property Management
  • Pet Rules: Assoc Pet Rules, Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Water, Trash, Maintenance Paid, Building and Grounds
  • HOA Fees: 821.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5523-009-047
  • Lot Size Area: 19792

Multi Family

  • Number Of Units: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2024
Closed on
Mar 26, 2024
Sold by
Jackson Joan Sue
Bought by
Jackson Revocable Living Trust and Jackson
Seller's Agent
Tiffany Chin
Keller Williams Larchmont
Buyer's Agent
Mikka Johnson
Century 21 On Target
List Price
$880,000
Sold Price
$980,000
Premium/Discount to List
$100,000
11.36%
Total Days on Market
14
Views
67
Current Estimated Value
$927,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$52,271
Avg. Annual Appreciation
-4.99%
Original Mortgage
$766,500
Outstanding Balance
$759,757
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$167,972

Purchase Details

Listed on
Mar 4, 2024
Closed on
Mar 25, 2024
Sold by
Hermawan Christine
Bought by
Slevin Thomas W
Seller's Agent
Tiffany Chin
Keller Williams Larchmont
Buyer's Agent
Mikka Johnson
Century 21 On Target
List Price
$880,000
Sold Price
$980,000
Premium/Discount to List
$100,000
11.36%
Views
67

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$766,500
Outstanding Balance
$759,757
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$167,972

Purchase Details

Listed on
Mar 4, 2024
Closed on
Feb 22, 2024
Sold by
Jackson Revocable Living Trust and Jackson Timothy Richard
Bought by
So Lawrence and So Marie Cris
Seller's Agent
Tiffany Chin
Keller Williams Larchmont
Buyer's Agent
Mikka Johnson
Century 21 On Target
List Price
$880,000
Sold Price
$980,000
Premium/Discount to List
$100,000
11.36%
Views
67

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$766,500
Outstanding Balance
$759,757
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$167,972

Purchase Details

Listed on
May 30, 2019
Closed on
Jun 7, 2019
Sold by
Sealey Elizabeth and The Sealey 2015 Revocable Trus
Bought by
Hermawan Christine
Seller's Agent
David Rosen
Core Real Estate Group
Buyer's Agent
Tiffany Chin
Keller Williams Larchmont
List Price
$825,000
Sold Price
$826,000
Premium/Discount to List
$1,000
0.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.65%
Original Mortgage
$276,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2015
Sold by
Sealey Elizabeth Louise Riley
Bought by
Sealey Elizabeth and Sealey 2015 Revocable Trust

Purchase Details

Listed on
May 18, 2012
Closed on
Feb 4, 2013
Sold by
Sealey Kenneth
Bought by
Sealey Elizabeth Louise Riley
Seller's Agent
Lisa Hutchins
Coldwell Banker Realty
Buyer's Agent
David Rosen
Core Real Estate Group
List Price
$639,000
Sold Price
$610,000
Premium/Discount to List
-$29,000
-4.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.51%
Original Mortgage
$305,000
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 18, 2012
Closed on
Jan 28, 2013
Sold by
Sonnenklar Mark and The Mark Sonnenklar Revocable
Bought by
Sealey Elizabeth Louise Riley
Seller's Agent
Lisa Hutchins
Coldwell Banker Realty
Buyer's Agent
David Rosen
Core Real Estate Group
List Price
$639,000
Sold Price
$610,000
Premium/Discount to List
-$29,000
-4.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2012
Sold by
Sonnenklar Mark and Mark Sonnenklar Revocable Trus
Bought by
Sonnenklar Mark and Mark Sonnenklar Revocable Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2009
Sold by
Sonnenklar Mark and Mark Sonnenklar Revocable Trus
Bought by
Sonnenklar Mark and The Mark Sonnenklar Revocable

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2009
Sold by
Sonnenklar Mark
Bought by
Sonnenklar Mark and Mark Sonnenklar Revocable Trus

Purchase Details

Closed on
Jun 6, 2006
Sold by
Kim Mela Jong and The Mela Jong Kim Trust
Bought by
Sonnenklar Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,200
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2004
Sold by
Kim Mela Jong
Bought by
Kim Mela Jong and Mela Jong Kim Trust

Purchase Details

Closed on
Nov 5, 2003
Sold by
Jambrina Patricia
Bought by
Kim Mela Jong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 1997
Sold by
Schapiro Colin
Bought by
Jambrina Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.14%

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
Slevin Thomas W $980,000 Chicago Title Company
So Lawrence $1,090,000 Chicago Title Company
Hermawan Christine $826,000 Fidelity National Title
Sealey Elizabeth -- None Available
Sealey Elizabeth Louise Riley -- Equity Title Los Angeles
Sealey Elizabeth Louise Riley $610,000 Equity Title Los Angeles
Sonnenklar Mark -- Equity Title Co
Sonnenklar Mark -- Cctn
Sonnenklar Mark -- None Available
Sonnenklar Mark $629,000 Chicago Title Co
Kim Mela Jong -- --
Kim Mela Jong $389,000 Ticor Title Co
Jambrina Patricia $185,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slevin Thomas W $766,500
Previous Owner Hermawan Christine $302,850
Previous Owner Hermawan Christine $302,850
Previous Owner Hermawan Christine $276,000
Previous Owner Sealey Elizabeth Louise Riley $305,000
Previous Owner Sonnenklar Mark $496,000
Previous Owner Sonnenklar Mark $512,000
Previous Owner Sonnenklar Mark $503,200
Previous Owner Kim Mela Jong $204,000
Previous Owner Jambrina Patricia $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2024 04/02/24 Sold $980,000 +11.4% $614 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
03/04/2024 03/04/24 For Sale $880,000 +6.5% $551 / Sq Ft
06/27/2019 06/27/19 Sold $826,000 +0.1% $478 / Sq Ft
05/30/2019 05/30/19 For Sale $825,000 +35.2% $478 / Sq Ft
03/01/2013 03/01/13 Sold $610,000 0.0% $359 / Sq Ft
10/31/2012 10/31/12 Off Market $610,000 -- --
09/10/2012 09/10/12 Price Changed $620,000 -3.0% $365 / Sq Ft
05/18/2012 05/18/12 For Sale $639,000 -- $376 / 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 $10,924 $903,347 $722,679 $180,668
2023 $10,713 $885,635 $708,509 $177,126
2022 $10,212 $868,270 $694,617 $173,653
2021 $10,080 $851,247 $680,998 $170,249
2019 $1,825 $673,376 $336,688 $336,688
2018 $8,040 $660,174 $330,087 $330,087
2016 $7,683 $634,540 $317,270 $317,270
2015 $7,570 $625,010 $312,505 $312,505
2014 $7,598 $612,768 $306,384 $306,384
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 24-351419

The MLS

APN: 5523-009-047