RealKey
‪(213) 433-7766‬

585 N Rossmore Avenue 506, Los Angeles, California 90004, Los Angeles, 90004 - 1 bed, 1 bath

585 N Rossmore Avenue 506, Los Angeles, California 90004 home-pic-0
ACTIVE$649,000
585 N Rossmore Avenue 506, Los Angeles, California 90004
1Bed
1Bath
700Sqft
17,955Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Premium Location & Neighborhood: Situated in the highly sought-after Hancock Park neighborhood on a picturesque, tree-lined street, offering excellent walkability and proximity to upscale amenities like Larchmont Village, The Grove, and major studios.
Top Cons:
Compact Living Space: At 700 square feet, the 1-bedroom unit is relatively small, which might limit its appeal to buyers seeking more expansive living areas, especially for a 'luxury penthouse' designation.

Compared to the nearby listings

Price:$649.0K vs avg $705.0K ($-56,000)35%
Size:700 sqft vs avg 1,190 sqft6%
Price/sqft:$927 vs avg $63488%

More Insights

Built in 1990 (35 years old).
Condition: This property, built in 1990, has undergone a recent and extensive renovation, bringing it to an excellent, virtually new condition. The description highlights 'recently updated' living space with luxury vinyl plank flooring, recessed lighting, a modern HVAC system with Nest thermostat, and in-unit washer/dryer. The kitchen features stainless steel appliances and granite countertops, which are modern and in pristine condition as seen in the images. The bathroom also presents a contemporary vanity with granite and modern fixtures, consistent with a recent update. Furthermore, the building's amenities, including the rooftop pool, outdoor kitchen, gym, and lobby, are also 'newly renovated' or 'recently updated'. All these factors indicate that the property meets current quality standards with minimal physical depreciation, aligning perfectly with the 'Excellent' criteria for a property extensively renovated within the last 5 years.
Year Built
1990
Close
-
List price
$649K
Original List price
$649K
Price/Sqft
$927
HOA
$503.09
Days on market
-
Sold On
-
MLS number
25503271
Home ConditionExcellent
Features
Deck
Pool
View-

About this home

Discover an exceptional living experience in this luxury penthouse nestled in the historic Hancock Park neighborhood, on the picturesque tree-lined street of Rossmore Avenue. Recently updated, 1-bedroom, 1-bath condo encompassing 700 square feet of thoughtfully designed and updated living space. Recessed lighting, a modern HVAC system with Nest thermostat, and luxury vinyl plank flooring create an inviting ambiance throughout. In-unit washer/dryer with the convenience of a laundry closet for extra storage space. The kitchen features stainless steel appliances and granite countertops, overlooking the living room (open floor plan) where there is a cozy gas fireplace and also opens up to a private balcony. Residents of The Rossmore enjoy resort-style amenities that include a rooftop pool with a newly renovated outdoor kitchen, and a recently updated and well-equipped gym and fitness room. While on the rooftop, enjoy 360 degree views of The Hollywood Sign and the Hollywood Hills, Griffith Park Observatory, LA's downtown skyline, and more. The Rossmore is a controlled access building with additional amenities including: newly renovated lobby, elevators, gym, secured keyless entry with a state of the art app-based video intercom system, 2-car tandem parking with the option to install your own EV charging, and bicycle storage in the garage. In addition to a robust newly-installed suite of surveillance cameras, security is provided by the HOA through a private security company that patrols the building several times daily and offers a 24/7 emergency service. Located in one of LA's most coveted neighborhoods, The Rossmore offers proximity to Larchmont Village, The Grove, Los Angeles Tennis Club, Wilshire Country Club, major film studios and more. The building allows pets and is in the coveted 3rd Street Elementary district.

Nearby schools

2/10
Vine Street Elementary School
Public,•K-6•0.5mi
6/10
Van Ness Avenue Elementary School
Public,•K-5•0.7mi
8/10
Third Street Elementary School
Public,•K-5•0.8mi
2/10
Wilshire Crest Elementary School
Public,•K-5•1.9mi
7/10
Queen Anne Place Elementary School
Public,•K-5•2.1mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•0.7mi
7/10
John Burroughs Middle School
Public,•6-8•1.4mi
3/10
Laurel Elementary School
Public,•K-8•2.1mi
4/10
Los Angeles Senior High School
Public,•9-12•1.7mi
7/10
Fairfax Senior High School
Public,•9-12•1.9mi

Price History

Date
Event
Price
05/08/13
Sold
$445,000
Condition Rating
Excellent
This property, built in 1990, has undergone a recent and extensive renovation, bringing it to an excellent, virtually new condition. The description highlights 'recently updated' living space with luxury vinyl plank flooring, recessed lighting, a modern HVAC system with Nest thermostat, and in-unit washer/dryer. The kitchen features stainless steel appliances and granite countertops, which are modern and in pristine condition as seen in the images. The bathroom also presents a contemporary vanity with granite and modern fixtures, consistent with a recent update. Furthermore, the building's amenities, including the rooftop pool, outdoor kitchen, gym, and lobby, are also 'newly renovated' or 'recently updated'. All these factors indicate that the property meets current quality standards with minimal physical depreciation, aligning perfectly with the 'Excellent' criteria for a property extensively renovated within the last 5 years.
Pros & Cons

Pros

Premium Location & Neighborhood: Situated in the highly sought-after Hancock Park neighborhood on a picturesque, tree-lined street, offering excellent walkability and proximity to upscale amenities like Larchmont Village, The Grove, and major studios.
Extensive Resort-Style Amenities: The building boasts a rooftop pool with a newly renovated outdoor kitchen, a well-equipped gym, renovated lobby, and 360-degree rooftop views of iconic LA landmarks, providing a luxurious lifestyle.
Modern & Updated Interior: The unit features recent updates including luxury vinyl plank flooring, recessed lighting, a modern HVAC system with Nest thermostat, stainless steel appliances, and in-unit washer/dryer, ensuring a move-in ready experience.
Robust Security & Convenience: A controlled-access building with secured keyless entry, app-based video intercom, comprehensive surveillance, private security patrols, and 2-car tandem parking with EV charging option offers peace of mind and modern convenience.
Desirable School District & Pet-Friendly: Located within the coveted 3rd Street Elementary district (rated 8) and being a pet-friendly building broadens its appeal to a wider range of potential buyers, including families.

Cons

Compact Living Space: At 700 square feet, the 1-bedroom unit is relatively small, which might limit its appeal to buyers seeking more expansive living areas, especially for a 'luxury penthouse' designation.
Lack of Private Unit View: Despite impressive rooftop views, the unit itself is listed as having 'None' for a view, which could be a disappointment for buyers expecting a private scenic outlook from a penthouse.
Tandem Parking & HOA Fees: While two parking spaces are provided, the tandem configuration can be inconvenient. Additionally, the monthly association fee of $503.09, while covering amenities, adds a significant recurring cost to homeownership.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state