643 N Rossmore Ave, Los Angeles, CA 90004
FOR SALE

643 N Rossmore Ave
Los Angeles, CA 90004

Mid Wilshire

      $2,500,000

      Est. Mortgage $15,973/mo*
      Get Pre-Qualified

      Local Information

      map showing home location
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      Description

      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 zonedR4-2 within a Tier 1 Transit Oriented Community (TOC), thisproperty stands out as an ideal site for multifamily development.Developers have the potential to construct 16 units by-right, withthe option to expand to 26 units by leveraging TOC incentives.Preliminary plans are already in place for a 25-unit, six-storyapartment complex totaling 18,641 square feet. The proposedproject includes 23 one-bedroom units ranging from 513 to 590square feet and two three-bedroom units between 840 to 850square feet. Additionally, the plans provides for subterranean andground level parking with a total of 18 spaces.This property is not only situated in a prime location just south ofMelrose Ave, but it also boasts a high walk score of 93. It's a shortdistance from the Wilshire Country Club, Los Angeles Tennis Club,and the Marlborough School, and a varietyof retail amenities along N Larchmont Blvd. Paramount Studios isalso just half a mile away. The neighborhood's strong demographicsare highlighted by an average household income of $91,486 within a5-mile radius and a median home value of over $1 million within twomiles, 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, andLa Brea. This vacant lot presents a unique opportunity for developersseeking a project with significant density potential, in a sought-afterlocation, without the need for relocation.

      Home Highlights

      Parking
      No Info
      Outdoor
      No Info
      A/C
      Contact Manager
      HOA
      None
      Price/Sqft
      No Info
      Listed
      60 days ago

      Home Details for 643 N Rossmore Ave

      Interior Features

      View
      No ViewView: None

      Days on Market

      Days on Market: 60

      Property Information

      Property Type / Style
      Property Type: LandProperty Subtype: Unimproved Land

      Price & Status

      Price
      List Price: $2,500,000

      Active Status

      MLS Status: Active

      Location

      Direction & Address
      City: Los Angeles

      Agent Information

      Listing Agent
      Listing ID: 24-361099

      Lot Information

      Lot Area: 6459.948 sqft

      Listing Info

      Special Conditions: Standard

      Compensation

      Buyer Agency Commission: 2Buyer Agency Commission Type: %
      Notes
      The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

      Miscellaneous

      Mls Number: 24-361099
      Last check for updates: 1 day ago
      Listing courtesy of Neema Ahadian DRE # 01346750, (310) 909-5444
      Marcus & Millichap, (310) 909-5500
      Source: CLAW, MLS#24-361099

      Price History for 643 N Rossmore Ave

      DatePriceEventSource
      02/28/2024$2,500,000Listed For SaleCLAW #24-361099
      11/21/2023ListingRemovedCLAW #23-266413
      11/15/2023$2,750,000PriceChange
      CLAW #23-266413
      07/13/2023$2,950,000PriceChange
      CLAW #23-266413
      05/02/2023$3,250,000Listed For SaleCLAW #23-266413
      09/01/2022ListingRemovedCLAW #22-148535
      04/20/2022$3,995,000Listed For SaleCLAW #22-148535
      04/06/2022ListingRemovedCLAW #22-134985
      03/10/2022$4,400,000Listed For SaleCLAW #22-134985
      08/14/2018$2,100,000Sold
      N/A
      10/28/2016$1,575,000Sold
      CLAW #16157586
      09/07/2016$1,575,000Listed For SaleAgent Provided
      07/16/2009$840,000Sold
      N/A
      06/06/2007$929,498Sold
      N/A
      08/17/2005$1,150,000Sold
      N/A
      06/25/2003$799,000Sold
      N/A

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      Property Taxes and Assessment

      Year2023
      Tax$22,163
      Assessment$1,822,743
      Home facts updated by county records

      Comparable Sales for 643 N Rossmore Ave

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      1202 Gordon St, Los Angeles, CA
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      1201 N McCadden Pl #13, Los Angeles, CA
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      711 N Formosa Ave #72, Los Angeles, CA
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      1241 N Sycamore Ave #5, Los Angeles, CA
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      1416 N Sycamore Ave, Los Angeles, CA
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      4867 Melrose Ave, Los Angeles, CA
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      Neighborhood Overview

      Mid Wilshire
      See Local Highlights
      Neighborhood stats provided by third party data sources.

      What Locals Say about Mid Wilshire

      • 79vb8t6r6c
        "Limited sidewalks and street lighting at night. I rarely walk or stroll around in the area and drive everywhere. A few restaurants and a coffee shop is walkable, about 15 minutes on near Wilshire."
        0
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      • Trulia User
        "It’s friendly and safe all the time I visit so I recommend it It’s friendly and safe all the time I visit so I recommend it It’s friendly and safe all the time I visit so I recommend it "
        2
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      • Trulia User
        "This is a very nice neighborhood. They have very friendly and neighborly like-minded people. And that’s all folks so move if you like and see for yourself. Here it is. "
        1
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      • Trulia User
        "This neighborhood is beautiful, I've visited many times. there are so many different stores and sights. It's a great area to visit and live. "
        0
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      • Trulia User
        "Hollywood is great, but there is a very nice area around Hancock Park and close to Hollywood and Koreatown, also close to Larchmont Village"
        1
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      • Trulia User
        "Not too long, bad at certain times but not bad. You can find back roads and new ways to give to and from."
        0
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      • Trulia User
        "You have parks within walking distance and the neighborhood is full of historical buildings and old architecture. Less than a mile away and your walking in a neighborhood with million dollar homes. "
        1
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      • Trulia User
        "It’s a different neighborhood than it was just a few years ago. I think it works a best for people who leave the area for the day and if they go out they also leave the area for that and just stick around on the weekends. Then is very tolerable. "
        0
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      • Trulia User
        "It’s changed a lot but it’s still in the middle of everything with attractions and parks that make it worth it still. "
        2
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      • Trulia User
        "Lived here 2007 to 2021. Lots of fun for nightlife, outdoor activities, arts scene. Very central location: 10mins to Echo Park, Silverlake, West Hollywood. 15mins to Burbank or the mountains. 30mins to the beach. Areas are very mixed demographics from one block to the next. Street parked cars often have break-ins. Sidewalks are broken and cars speed through residential streets. Not great for a family."
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      • Trulia User
        "Only one park in Koreatown and it’s not that great for dogs. You’ll have to drive your dog to a better park "
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      • Trulia User
        "Public transit is accessible. Lots of options for Byrd scooters, Lime scooters, rentable bikes etc. neighborhood is very walkable too."
        0
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      • Trulia User
        "People are friendly and walkable to a lot of stores. Perfect for those who just moved to LA but enjoys quiet neighborhood. A lot of trees and flowers, its very peaceful and relatively safe."
        0
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      • Laura M.
        "It’s bustling and close to everything you could need. We walk to most places - grocery stores, restaurants, the Grove, LACMA. It can be loud at times, and people love to drive too fast down residential streets, but otherwise it’s a nice place to live. "
        19
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      • Annietelalyan
        "Busy but comfortable, nice area to live in if you are constantly on the go or like to keep busy in the neighborhood "
        2
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      • Casey C.
        "Cinespia is amazing. What a concept, a movie in a historic cemetery! But it work, and we get a huge turnout"
        3
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      • Sabrina D. P.
        "I am obsessed with this neighborhood! I love my neighbors, the walk ability, and how pretty it is. Very central to all of LA’s good stuff."
        13
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      • Constanteng
        "Lots of dog owners, neighborhood is great for walks. I’m not in mid-Wilshire though, I’m in Hancock Park."
        5
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      • Rich M.
        "Walking distance to Trader Joe’s, post office, Staples, The Grove, etc. Parking can be difficult. If you say hi to someone, they will rarely say hi back. It’s safe to walk around at night. However, I usually can’t walk more than a block without seeing at least a couple homeless people."
        4
        Flag
      • Paromita S.
        "Affordable rent and beautiful buildings. Also close to many metro and bus lines, which make jf easy to access other areas such as downtown, Santa Monica, and Hollywood."
        7
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      • Guilibily
        "There is Nice walking track but there are also too many cars passing by! There is still plenty of space to walk or run with your dog in this neighborhood. People are all nice and understanding. There are so many restaurants close by that are dog-friendly. "
        2
        Flag
      • Graciezanejolly
        "Very centralized to everything. Always people walking around and it’s close to LACMA, the Grove, and lots of cute restaurants and coffee shops. "
        3
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      • Rebecca W.
        "I’m new to area but generally feel a sense of a neighborhood with people who care about their environment. "
        0
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      • Apcarson425
        "You see people walking their dogs all the time. And the dogs are all friendly, not mean to each other."
        1
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      • Purna K.
        "There are many families, dogs, friendly people, great to walk around - love living in this neighborhood "
        0
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      • Vasykes
        "We live in Harvard Heights and love it. All beautiful craftsman houses, awesome food, great neighbors, and 15 mins to everything! We have a big house for good value and love it. "
        2
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      • Heather W.
        "Pretty long but ok. Traffic is bad during rush hour and public transportation is packed during the week. But it's alright. "
        0
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      • Samantha M.
        "Constantly see people walk their dogs so make sure of you have one, clean up after it and don’t just trash the sidewalks with the bags. Keep the neighborhood clean. "
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      • Rastyn S.
        "Good area nice people colse to all the amenities for artist SAG is here for writers WGA is heat too Grove is another attraction of this Naber hood . Side walks are clean safe for children good schools around and many huge parks. Everything is in walking distance."
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      • Patti
        "It’s a relatively safe neighborhood, but there are also some sketchy people. There’s a younger crowd as well as well as a concert theatre nearby, so there is some nightlife."
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      • Elle L.
        "A lot of yappy little dogs and people don’t pick up after their dogs. Not friendly towards big dogs. "
        2
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      • Ibirrueta
        "This is a very busy area with lots of traffic and few parks. Public Schools are not the best. Will need to likely send your children to private school."
        0
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      • Bitsy
        "Beautiful 1920s homes, walking distance to four grocery stores and fantastic neighbors. LaBrea Hancock is a wonderful place to live. "
        0
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      • Dominique
        "Annual Korean festival and ability to find great Korean food in various restaurants and asian grocery stores. "
        0
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      • Michelle r.
        "There are a lot of events at the park, plenty of museums and activities and there’s transportation to downtown "
        0
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      • Amir1080
        "[6th and Manhattan] There are lots of families with kids, but it is still not the safest at night. Also, lots of homeless people and really hard-to-find street parking (specially at night). "
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      LGBTQ Local Legal Protections

      Neema Ahadian, Marcus & Millichap
      © 2024 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. 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. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
      The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
      643 N Rossmore Ave, Los Angeles, CA 90004 is a lot/land. 643 N Rossmore Ave is located in Mid Wilshire, Los Angeles. This property is currently available for sale and was listed by CLAW on Feb 28, 2024. The MLS # for this home is MLS# 24-361099.