#219119775DA, Paul Matusik, Listing Office: Prime Desert Estates
#24466135·
Listing Office: Marcus & Millichap·
Listing Agent: Neema Ahadian·
Listing Office Phone: 310-909-5500
643 N Rossmore Ave Los Angeles, CA 90004
$1,890,000 List price
0.1 acres
Land
Property details
About 643 N Rossmore Ave
We are excited to offer a unique investment opportunity with the presentation of 643 N Rossmore Ave, a prime vacant lot in the prestigious Hancock Park & Larchmont Village area of Los Angeles. Spanning 6,459 square feet and zoned R4-2 within a Tier 1 Transit Oriented Community (TOC), this property stands out as an ideal site for multifamily development. Developers have the potential to construct 16 units by-right, with the option to expand to 26 units by leveraging TOC incentives. Preliminary plans are already in place for a 25-unit, six-story apartment complex totaling 18,641 square feet. The proposed project includes 23 one-bedroom units ranging from 513 to 590 square feet and two three-bedroom units between 840 to 850 square feet. Additionally, the plans provides for subterranean and ground level parking with a total of 18 spaces. This property is not only situated in a prime location just south of Melrose Ave, but it also boasts a high walk score of 93. It's a short distance from the Wilshire Country Club, Los Angeles Tennis Club, and the Marlborough School, and within walking distance to a variety of retail amenities along N Larchmont Blvd. Paramount Studios is also just half a mile away. The neighborhood's strong demographics are highlighted by an average household income of $91,486 within a 5-mile radius and a median home value of over $1 million within two miles, making it an attractive area for residential development. The central location offers easy commutes throughout Los Angeles, including Hollywood, West Hollywood, Beverly Hills, Los Feliz, and La Brea. This vacant lot presents a unique opportunity for developers seeking a project with significant density potential, in a sought-after location, without the need for relocation.
Highlights
Home typeOther
StatusActive
Lot size0.1483 Acres
MLS #24466135
Summary
- MLS Number: 24466135
- MLS Name: CRMLS
- Office Name: Marcus & Millichap
- Office Phone: (310) 909-5500
- Listing Agent: Neema Ahadian
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 7:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,890,000
643 N Rossmore Ave
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 14, 2018 | Home Sold | $2,100,000 |
| Oct 28, 2016 | Home Sold | $1,575,000 |
| Jul 16, 2009 | Home Sold | $840,000 |
| Aug 17, 2005 | Home Sold | $1,150,000 |
| Jun 25, 2003 | Home Sold | $799,000 |
| May 26, 1989 | Home Sold | $455,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,859,197 | $22,602 |
| 2023 | $1,822,743 | $22,163 |
| 2022 | $1,787,003 | $21,130 |
| 2021 | $2,164,190 | $25,933 |
| 2020 | $2,142,000 | $25,156 |
| 2019 | $2,100,000 | $19,606 |
| 2018 | $1,606,500 | $19,182 |
| 2017 | $1,575,000 | $19,182 |
History based on county public records data.
Nearby schools
5
Vine Street Elementary
Public District KG-6
0.4 mi
•955 Vine St
5
Van Ness Avenue Elementary
Public District KG-5
0.6 mi
•501 N Van Ness Ave
3
Hollywood Primary Center
Public District KG-3
0.7 mi
•1115 Tamarind Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $58,846. The most common annual income of people living in Los Angeles, CA is between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
30%
<35k
38%
35k-100k
21%
100k-200k
11%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
74%
Single, No Kids
4%
Single, with Kids
15%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
7%
<11 yrs old
2%
12-17 yrs old
37%
18-34 yrs old
43%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Major League Soccer (MLS)
Art Museums
Where do the neighbors shop?
H&M
Banana Republic
Bloomingdales
Where do the neighbors go to eat?
Chipotle
Jack In The Box
Starbucks
What do the neighbors drive?
Volkswagen
Toyota
Audi
What do the neighbors listen to?
Rhythmic Contemporary Hits
Jazz
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 643 N Rossmore Ave
This home is located at 643 N Rossmore Ave in Los Angeles, CA and zip code 90004 in the Central LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $1,890,000.
In December 2024, from all listings sold in Los Angeles, CA there were more than 524 sold above asking price, over 740 sold below and more than 203 were sold right at the asked price. The number of homes for sale in Los Angeles, CA decreased by 5.3% between November and December 2024. The median list price of listings available in December 2024 was $1,026,634, while the average time on the real estate market was 41 days.
From Rocket Homes Real Estate and based on county public records data.