531 N Rossmore Avenue 301, Los Angeles, California 90004, Los Angeles, 90004 - 2 bed, 2 bath
531 N Rossmore Avenue 301
Los Angeles, California 90004
Property Price
SUMMARY
Analysis of 531 N Rossmore Avenue 301, Los Angeles, California 90004 is currently available with a list price of $1,150,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Despite being built in 1960, this condominium has undergone extensive and high-quality renovations, making it move-in ready. The kitchen features modern white shaker cabinets, stainless steel appliances, and granite countertops. Bathrooms are updated with contemporary vanities, vessel sinks, separate soaking tubs, and walk-in showers with modern tiling. Dark wood floors and recessed lighting are present throughout the living areas, indicating significant upgrades within the last 5-15 years. The property shows minimal wear and tear and is well-maintained.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in the heart of Hancock Park, this condominium offers immediate access to Larchmont Village's desirable shops, cafes, and dining, enhancing lifestyle and desirability.
- Luxurious Upgrades & Design
The residence boasts a sophisticated Park Avenue style with beautiful upgrades including wood floors, stainless steel appliances, granite countertops, and a primary suite featuring double sinks, a separate soaking tub, and a walk-in shower.
- Exceptional Indoor-Outdoor Flow
Both the living room and kitchen open directly to a large, private terrace, creating a seamless and desirable indoor-outdoor living and entertaining experience.
CONSRISKS & DEFICIENCIES
- High Association Fee
The monthly association fee of $936.0 is substantial and will add significantly to the overall cost of ownership, potentially impacting affordability for some buyers.
- Building Age
Constructed in 1960, while upgraded, the building's age may imply potential for older infrastructure (e.g., plumbing, electrical, HVAC) that might require future attention or updates not explicitly detailed.
- Variable Local School Ratings
Some public elementary and middle schools in the immediate vicinity have lower ratings, which could be a consideration for families prioritizing top-tier public education options.
About 531 N Rossmore Avenue 301
Sophisticated Park Avenue style condominium in the heart of Hancock Park, located in the Majorca building. This beautifully upgraded, light-filled residence features wood floors, a formal entry hall, an expansive living room, and a large formal dining area ideal for entertaining. The kitchen includes stainless steel appliances, granite countertops, a breakfast bar, abundant storage, and space for a breakfast table, with an adjacent inside laundry area. Both the living room and kitchen open directly to a large, private terrace, creating an exceptional indoor outdoor flow. The spacious primary suite is highlighted by a bathroom with double sinks, a separate soaking tub, and a walk-in shower. Additional features includes, a gracious and updated lobby, extra storage in the garage area, and a large grassy communal area at the rear of the building. Ideally located just moments from Larchmont Village's beloved shops, cafes, and dining.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1960
- Lot Size
- 19,792 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $936.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Vine Street Elementary School
Grades K-6 • 0.6 mi
Van Ness Avenue Elementary School
Grades K-5 • 0.7 mi
Third Street Elementary School
Grades K-5 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,944 | 1,200 | 95% |
| Lot Size | 19,792 | 17,955 | 63% |
| Price | $1.15M | $690.0K | 95% |
| Price per sq ft | $592 | $554 | 58% |
| Built year | 1960 | 1990 | 16% |
| HOA | $936.0 | $496 | 79% |
| Days on market | 38 | 204 | 5% |
Pricing History
Listed for Sale
Jan 27, 2026
$1,150,000
Initial Listing
Sold
Dec 16, 2011
$680,000
Public Record
Sold
Apr 23, 2010
$200,000
Public Record
Sold
Jun 14, 2006
$590,000
Public Record