Listing provided courtesy of REMAX COMMERCIAL & INVESTMENT REALTY- MLS# 26850035MLS Provider

601 N Rossmore AveLos Angeles, CA 90004

Multi-Family · 19 Beds · 33,598 Sq. ft. | 0.20 Acres
$7,500,000 Active

601 N Rossmore Ave Overview

Time on Site:
7 days
Visits:
0

***MAY BE PURCHASED INDIVIDUALLY OR IN COMBINATION WITH ANY OR ALL OF 100 N KENMORE, 508 S HOBART, 1311 INGRAHAM & 3333 4TH ST*** Built in 1927, 601 N Rossmore Ave stands as a strong example of early Los Angeles apartment architecture from a period when Rossmore Avenue emerged as one of the city's premier residential corridors. The building reflects the scale, detailing, and craftsmanship typical of late-1920s construction, with a prominent street presence and proportions that give it lasting architectural weight. Properties of this era were designed to convey permanence and quality, and that character remains evident today. The offering consists of 40 units totaling approximately 33,598 gross square feet. The building is elevator-served and is master metered for electricity and gas. The unit mix is primarily studios and one-bedroom apartments, well suited to the neighborhood's renter base and consistent demand for centrally located housing. Recent capital improvements include a new roof and upgraded electrical system, and the interior has been freshly painted, providing a clean operational platform for the next owner. Importantly, multiple units will be delivered vacant at the close of escrow. This creates an immediate opportunity to renovate and reposition units upon acquisition, allowing a buyer to implement a valueadd strategy from day one rather than waiting for organic turnover. Combined with the recent system upgrades, the property offers both stability and near-term upside within a single asset. The location further reinforces the investment case. Positioned just south of Hancock Park and moments from Larchmont Village, the property benefits from one of Central Los Angeles' most established residential environments. Residents enjoy walkable access to neighborhood retail, cafs, and services, along with convenient connectivity to Wilshire Boulevard, Paramount Studios, and major employment centers throughout Los Angeles. 601 N Rossmore Ave offers architectural character, operational scale, recent capital improvements, and clear value-add potential in a consistently desirable Los Angeles submarket a well-located vintage asset with both durability and upside.

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601 N Rossmore Ave Facts & Features

  • Type Multi-Family
  • Sq. ft. 33,598
  • Price/Sq.ft. $223
  • Lot 0.20 Acres

Details

General

Income/Expenses

  • Gross Income: 720576
  • Net Operating Income: 391756.00

Building Information

  • Year Built: 1927

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: Hancock Park-Wilshire

Tax Information

  • Tax Assessed Value: 5949606

General Information

  • Disclosures: As Is
  • Property Type: Residential Income
  • Zoning: LAR4

Interior

Beds/Baths

  • Bathrooms Total: 40.00
  • Bedrooms Total: 19

General Information

  • Cooling: Other
  • Heating: Other
  • Levels: Multi/Split, Three Or More
  • Living Area: 33598
  • Living Area Source: Vendor Enhanced
  • Stories: 5

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Lot Size Acres: 0.2007
  • Lot Size Area: 8742
  • Lot Size Source: Vendor Enhanced
  • Number Of Buildings: 1

General Information

  • Number Of Units Total: 40
  • Other Structures: None

601 N Rossmore Ave Neighborhood

Community

90004 (LOS ANGELES) Demographics

35
Median Age
20,047
Population Density (per sq. mile)
41%
College Educated
$52,775
Estimated Median Income
3,781
Estimated Total Home Owners
18,747
Estimated Total Renters
17% / 83%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

601 N Rossmore Ave Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

601 N Rossmore Ave Market Data

Based on the last 30 days in this zip code

$2,458,221
Average List Price
$935
Average Price per Square Foot
13
Properties Sold
96
Average Days on Market
270
Properties for Sale
Calculations provided by Reliance Network

601 N Rossmore Ave History

Date Event Value Agent
6/22/2026Source: CRMLS Added to Database
June 22, 2026
6/22/2026Source: TheMLS (CLAW) Added to Database
June 22, 2026
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