531 N Rossmore Avenue 202, Los Angeles, California 90004, Los Angeles, 90004 - 2 bed, 2 bath
ACTIVE$924,900
531 N Rossmore Avenue 202, Los Angeles, California 90004
2Beds
2Baths
1,605Sqft
19,792Lot
Year Built
1960
Close
-
List price
$925K
Original List price
$925K
Price/Sqft
$576
HOA
$813.2
Days on market
-
Sold On
-
MLS number
SR25269772
Home ConditionGood
Features
Good View: Neighborhood, Trees/Woods
ViewNeighborhood, Trees/Woods
About this home
We found 3 Cons,5 Pros. Rank: price - $924.9K(75th), sqft - 1605(81th), beds - 2(50th), baths - 2(50th).
Welcome to the Majorca, located in the heart of historic Hancock Park. This southeast corner 2 bed / 2 bath unit lives like a single family home with over 1,600 square feet of space. Upgrades include a new exclusively dedicated HVAC system, updated bathrooms, new electrical panel, and recessed lighting. Other features include ample closet space, in-unit laundry, additional storage, one assigned parking spot, and a pet relief area. Enjoy walkability on the surrounding tree-lined streets to the L.A. Tennis Club, Wilshire Country Club, and all the cafe's and restaurants in Larchmont Village. The Majorca is a stylish post-modern building of 28 units on 5 floors with subterranean garage. It is a must-see to appreciate.
Nearby schools
2/10
Vine Street Elementary School
Public,•K-6•0.6mi
6/10
Van Ness Avenue Elementary School
Public,•K-5•0.7mi
8/10
Third Street Elementary School
Public,•K-5•0.7mi
2/10
Wilshire Crest Elementary School
Public,•K-5•1.8mi
7/10
Queen Anne Place Elementary School
Public,•K-5•2.0mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•0.8mi
7/10
John Burroughs Middle School
Public,•6-8•1.2mi
3/10
Laurel Elementary School
Public,•K-8•2.1mi
4/10
Los Angeles Senior High School
Public,•9-12•1.6mi
7/10
Fairfax Senior High School
Public,•9-12•1.9mi
Price History
Date
Event
Price
12/09/25
Listing
$924,900
07/24/00
Sold
$205,000
Condition Rating
Good
The property, built in 1960, has received significant functional and cosmetic updates, including a new HVAC system, new electrical panel, recessed lighting, and updated bathrooms. While the kitchen is functional with stainless steel appliances, its cabinetry and countertops appear dated in style, suggesting an update 15-25 years ago rather than recent. The bathrooms show a mix of modern features (LED mirror, countertops) and slightly older elements (vanity style, one light fixture). Overall, the property is move-in ready and well-maintained, with major systems recently addressed, but the kitchen's aesthetic is a clear area for future cosmetic renovation to align with current trends.
Pros & Cons
Pros
Prime Location & Walkability: Situated in the heart of historic Hancock Park, offering excellent walkability to tree-lined streets, the L.A. Tennis Club, Wilshire Country Club, and the cafes and restaurants of Larchmont Village.
Extensive Recent Upgrades: The unit boasts significant modern upgrades including a new exclusively dedicated HVAC system, updated bathrooms, a new electrical panel, and recessed lighting, enhancing comfort and value.
Spacious & Functional Layout: With over 1,600 square feet, this southeast corner 2-bed/2-bath unit offers generous living space that 'lives like a single family home', providing ample room and privacy.
Desirable In-Unit Amenities: Features such as in-unit laundry, ample closet space, additional storage, and a pet relief area cater to modern living conveniences and enhance daily comfort.
Access to Quality Schools: The property benefits from proximity to several highly-rated public schools, including Third Street Elementary (8/10) and Fairfax Senior High (7/10), which is attractive to families.
Cons
High Association Fee: The monthly association fee of $813.20 is substantial and represents a significant ongoing cost for potential buyers.
Limited Parking: The property includes only one assigned parking spot, which may be insufficient for households with multiple vehicles, potentially requiring additional arrangements or reliance on street parking.
Lack of Private Outdoor Space: Despite living 'like a single family home', the description does not mention a private balcony or patio, which some condominium buyers desire for outdoor enjoyment.