When was property at 244 North Rossmore Avenue built and last sold?

The property at 244 North Rossmore Avenue was built in 1923 and last sold on Mar 13, 2023 for $5,100,000.

How much is this home worth?

The estimated value of the home located at 244 North Rossmore Avenue is $5,553,990.

What are some comparable homes to 244 North Rossmore Avenue?

There are currently no comparable homes to 244 North Rossmore Avenue.

Los Angeles

90004

Greater Wilshire

244 N Rossmore Ave

1 / 51

Map

$5,717,739*

● House - Off Market

244 N Rossmore Ave

Los Angeles, CA 90004

6 Beds

5.5 Baths, 1 Half Bath

6437 Sqft

$4,950,000 - $6,048,000

Reference Base Price*

3.98%

Since Apr 1, 2023

CA-Los Angeles

Primary Model

Sold Mar 30, 2023

$5,100,000

Schwab Joseph H Ferrone Cristina

Buyer

Four Futures Investments Llc

Seller

$2,000,000 by First Republic Bank

Mortgage Due Apr 01, 2053

Sold May 31, 2018

$4,300,000

Lappe Murray

Buyer

Vasquez Jocelyn A The 2003 Jocelyn A Vasquez Rev

Seller

About This Property

Handsome Remodeled Spanish Contemporary Tennis Court Estate on approximately 1/2 acre features almost 6500 square feet of living space, including a state-of-the-art home theater! Motor court holds 4 cars + 2 car garage + single garage for lots of off-street gated parking. Foyer w/ handsome wide staircase. Formal living w/ fireplace & French doors to yard. Formal dining w/ 3 French doors to patio, pool + spa, tennis court, outdoor kitchen w/ built in bbq + covered dining area w/ cozy outdoor fireplace. Chef's Kitchen w/ center island, double ovens, oversize cooktop. Family room off the kitchen. 6 beds + 5.5 baths. Primary suite w/ marble fireplace + lux bath . State-of-the-art brand new home theater w/ tiered seating. House perfectly wraps around the corner w/ doors/windows/balconies to create a quintessential California indoor/outdoor living experience. Third St School District.

The manager has listed the unit size as 6437 square feet.

Unit Size

6,437Ft²

Days on Market

Land Size

Price per sqft

$854

Property Type

House

Property Taxes

HOA Dues

Year Built

1923

Price History

Date / Event	Date	Event
Mar 31, 2023	No longer available	-
No longer available
Mar 30, 2023	Sold to Cristina Ferrone, Joseph H ...	$5,100,000
Sold to Cristina Ferrone, Joseph H ...
Mar 25, 2023	In contract	-
In contract
Jan 30, 2023	Price Decreased	$5,499,000 ↓ $196K (3.4%)
Price Decreased
Jan 14, 2023	Price Decreased	$5,695,000 ↓ $304K (5.1%)
Price Decreased
Dec 7, 2022	Listed	$5,999,000
Listed

Property Highlights

Air Conditioning

Garage

Building Info

Overview

General

Year Built: 1923

Effective Year Built: 1960
Building Count: 1
Bedroom Count: 6
Bathroom Count: 6
Full Bathrooms: 6
Partial Bathrooms: 6
Building Quality: D
Construction Type: Wood
Living Units: 1
Basement Area: 0
Parking Space Count: 0
Pool Type: Pool

Dimensions

Lot Size Square Feet: 21,677

Total Building Area: 6,437
Building Area: 6,437
Building Area Measurement: Living Area

Heating and Cooling

Air Conditioning: Central air conditioning

Heating: Central heating
Heated Square Feet: 6,437
Heating Fuel Type: unknown

Utilities

Sewer System: unknown

Water Service: unknown

Building

Property Class: Residential

Subdivision: 3668
Land Acres: 0.498
Standard Land Use Code: Single family residential
Legal Description 1: TR=3668 POR OF LOT 60

Ownership

Current Owner : SCHWAB JOSEPH H

Current Owner 2: FERRONE CRISTINA
Previous Owner : FOUR FUTURES INVESTMENTS LLC
Owner Before Previous Owner: VASQUEZ JOCELYN A
Owner Before Previous Owner 2: THE 2003 JOCELYN A VASQUEZ REV
Is Owner Occupied: Owner-occupied property
Ownership Rights Codes: Community Property

Neighborhood

School District Name: Los Angeles Unified School District

Census Tract: 211000

Zoning

Zoning: LARE11

Geography

Subdivision Tract Number: 3668

Parcel: 5515-011-029
Lot: 60
Municipality: WEST /HANCOCK PARK
Latitude: 34.0759
Longitude: -118.327

Address

Full Address: 244 N Rossmore Ave

Address - House Number: 244
Street Direction: N
Address - Street Name: Rossmore
Address - Suffix Type: Ave
State: CA
City Name: Los Angeles
Carrier Code: C056
4-Digit Zip Code: 3703
Zip Code: 90004

Valuation

Tax

Tax Year: 2022

Tax Amount: $54,852
Tax Rate Code Area: 00-067

Appraisal Valuation

Standard Deviation: 0.2257

Valuation Date: Aug 04, 2023
Confidence Score: 68
Final Value: 3,879,730
High Value: 4,755,627
Low Value: 3,003,832

Open Liens

Total Open Liens: 2

Total Open Liens Amount: $2,750,000
First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
First Open Lien Mortgage Recording Date: Mar 30, 2023
First Open Lien Mortgage Financing Type: Adjustable Rate
First Open Lien Mortgage Loan Amount: $2,000,000
First Open Lien Mortgage Term: 360
First Open Lien Mortgage Position: 1
First Open Lien Mortgage Loan Type: New Conventional
First Open Lien Mortgage Loan Due Date: Apr 01, 2053
Second Open Lien Mortgage Recording Date: Mar 30, 2023
Second Open Lien Mortgage Loan Amount: $750,000
Second Open Lien Mortgage Term: 360
Second Open Lien Mortgage Position: 2
Second Open Lien Mortgage Loan Due Date: Apr 01, 2053

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $4,702,675
Assessed Land Value: $3,915,252
Assessed Improvements Value: $787,423

Sales

Current Sale Contract Date: Mar 13, 2023

Current Sale Recording Date: Mar 30, 2023
Current Sale Transaction ID: 11904298537
Current Sale Price: $5,100,000
Current Sale Document Type: Grant Deed
Current Sale Input Document Number: 201025
Previous Sale Recording Date: May 31, 2018
Previous Sale Contract Date: May 01, 2018
Previous Sale Amount: $4,300,000
Previous Sale Document Type: Grant Deed

Last Sale Mortgage

First Mortgage Lender: FIRST REPUBLIC BANK

First Mortgage Transaction Date: Mar 30, 2023
First Mortgage Loan Amount: $2,000,000
First Mortgage Terms: 360
First Mortgage Loan Type: New Conventional
First Mortgage Loan Due Date: Apr 01, 2053
Second Mortgage Loan Amount: $750,000

Financing

First Mortgage Financing Type: Adjustable Rate

Redact Ownership Info

Comparables

132 South Lucerne Boulevard

Active

House

4 Beds

5 Baths

3,399 ft²

$1,295/ft²

$4,400,000 Jan 20, 2023

About Central LA

Stats & Trends

Median Asking:

$1,450,000

Sale Price/ft²

$820

Below Asking

0.02%

Average Days on Market

Average Home Size

2377 ft²

Average Home Age

51.2 years

Currently For Sale

471 Listings

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244 N Rossmore Ave

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Ownership

Neighborhood

Zoning

Geography

Valuation

Comparables

About Central LA

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions