532 N Rossmore Avenue 203, Los Angeles, California 90004, Los Angeles, 90004 - 1 bed, 1 bath
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Los Angeles, California 90004
This Modernized Condominium represents a Strong Value Opportunity, listed at $499,000—positioned well below the $531,608 Fair Market Value by 6%. This valuation gap offers $32,608 in Instant Equity. Featuring a Mint Condition Rating with high-quality renovations, the unit includes Central HVAC and Stainless Steel Appliances. While the building offers a Pool and Sauna, the unit provides a unique value-add opportunity to install private laundry. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking a turnkey residence in Hancock Park.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 532 N Rossmore Avenue 203 Subject | $499,000* List Price | 1 | 1 | 728 | $730 | - |
A 532 N Rossmore Avenue 406 Sold | $522,000 | 1 | 1 | 720 | $725 | 0.0 mi |
B 532 N Rossmore Avenue 107 Active | $549,900 List Price | 1 | 1 | 635 | $866 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the building was constructed in 1972, the unit has undergone a high-quality modern renovation within the last 5 years. The kitchen features contemporary white shaker cabinetry, stainless steel appliances, and subway tile backsplashes. The interior includes updated flooring, recessed lighting, and central HVAC, meeting the criteria for mint condition with no immediate maintenance required.
Situated on the prestigious 'New York Row' of Rossmore Avenue, the property offers exceptional walkability to Larchmont Village and proximity to top-tier dining, shopping, and the Wilshire Country Club.
The unit features an open-concept layout with stainless steel appliances, central AC, and access to building luxuries including a pool, sauna, and assigned indoor parking.
The oversized living room closet provides a rare opportunity to install a private washer and dryer with HOA approval, a high-demand feature that would significantly increase the unit's market value.
The residence currently relies on shared community laundry facilities, which may be a drawback for buyers seeking the immediate convenience of in-unit appliances.
At $606 per month, the association fees are a significant recurring expense, though they notably include earthquake insurance and building maintenance.
Located on the coveted "New York Row" of Rossmore Avenue in the heart of Hancock Park, this quiet and charming 1-bedroom, 1-bath residence offers an incredible opportunity to own in one of Los Angeles' most desirable neighborhoods. Situated on the second floor in the center of the building, this unit combines classic character with modern updates. The spacious living and dining area features an open-concept layout with a breakfast bar perfect for everyday living and entertaining. The kitchen showcases stainless steel appliances and modern cabinetry. The oversized bedroom offers generous walk-in closet space. Additional amenities include central AC and heat, controlled access entry, elevator service, community laundry, pool, sauna, assigned indoor parking space, and a private storage locker. HOA dues include earthquake insurance. Ideally located near Larchmont Village, the Original Farmers Market, Wilshire Country Club, Beverly Hills, and West Hollywood, this prime location offers easy access to some of LA's best shopping, dining, and entertainment in a beautiful strolling neighborhood. Similar units have added private washer and drier in the large living room closet with HOA approval.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 19% |
| Baths | 1.0 | 2.0 | 19% |
| Square foot | 728 | 1,214 | 13% |
| Lot Size | 18,706 | 18,706 | 50% |
| Price | $499.0K | $717.5K | 6% |
| Price per sq ft | $685 | $614 | 69% |
| Built year | 1972 | 1991 | 38% |
| HOA | $606.0 | $530 | 69% |
| Days on market | 25 | 231 | 6% |
May 21, 2026
$499,000
Initial Listing
Mar 5, 2020
$466,500
Public Record
Jun 16, 2017
$423,000
Public Record
Sep 10, 2003
$252,000
Public Record