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450 North Rossmore Avenue

450 North Rossmore Avenue, Los Angeles, CA 90004
Property in Hancock Park
Sold Oct 01, 2012
$29,500,295
$38,000,000 by Webster Bank National Associat
Mortgage
Local assessors in Los Angeles, CA have categorized 450 North Rossmore Avenue as a residential type of property. The home was built in 1929 and is 95 years old. The property's lot size has been calculated to be 38,137 square feet. If we look only at the heated or air conditioned part of the building, then 450 North Rossmore Avenue has a total of 105,850 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with steel control joints. Residents rely on air conditioning for their cooling system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 450 North Rossmore Avenue was last sold in Sep 19, 2012 for $29,500,295. According to our calculations, that's $278.70 per sqft. Current property owners are expected to pay $377,502 in taxes per year. The property on 450 North Rossmore Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $31,931,956. To break that down further, the land itself was valued at $6,385,975. While improvements to the property were assessed at a total of $25,545,981. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Bedroom Count: 0
  • Construction Type: Steel
  • Living Units: 56
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 38,137
  • Total Building Area: 105,850
  • Gross Building Area: 105,850
  • Building Area: 105,850
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 105,850
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 215
  • Land Acres: 0.876
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: TRACT NO 215 LOT COM AT INTERSECTION OF S LINE OF ROSEWOOD AVE 60 FT WIDE WITH ELINE OF ROSSMORE AVE 55 FT WIDE TH S 0 14'45 W 216.76 FT TH S 89 45'15 E TOSEE ASSESSOR MAPBOOK FOR MISSING PORTIONLOT 7

Ownership

  • Current Owner : KH FAMILY EL ROYALE LLC
  • Current Owner 2: EL ROYALE ROSSMORE 450 LLC
  • Previous Owner : EL ROYALE APARTMENTS LP
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 192300

Zoning

  • Zoning: LAR4

Geography

  • Assessors Map Reference: 34-C5
  • Subdivision Tract Number: 215
  • Parcel: 5523-018-001
  • Lot: 7
  • Municipality: WEST /WEST HOLLYWOOD
  • Latitude: 34.0787
  • Longitude: -118.327

    Address

  • Full Address: 450 N Rossmore Ave
  • Address - House Number: 450
  • Street Direction: N
  • Address - Street Name: Rossmore
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C027
  • 4-Digit Zip Code: 2406
  • Zip Code: 90004

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $377,502
  • Tax Rate Code Area: 00-067

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $38,000,000
  • First Open Lien Mortgage Lender: WEBSTER BANK NATIONAL ASSOCIAT
  • First Open Lien Mortgage Recording Date: Mar 15, 2023
  • First Open Lien Mortgage Loan Amount: $38,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,931,956
  • Assessed Land Value: $6,385,975
  • Assessed Improvements Value: $25,545,981

    Sales

  • Current Sale Contract Date: Sep 19, 2012
  • Current Sale Recording Date: Oct 01, 2012
  • Current Sale Transaction ID: 1035789479
  • Current Sale Price: $29,500,295
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 12-1471178

About Central LA



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Frequently Asked Questions

What neighborhood is 450 North Rossmore Avenue located in?
The 450 North Rossmore Avenue is a located in the neighborhood of Hancock Park in Central LA, Los Angeles.
What is the average sales price for listings in 450 North Rossmore Avenue?
The average sales price for units in 450 North Rossmore Avenue is $0 currently.

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