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Elevator-Served Apartment Building
For Sale
$7,500,000
Pending

601 N Rossmore Ave, Los Angeles, CA 90004

Residential Income, Los Angeles, CA

Property Size33,598 SF
Lot Size0.20 Acres
Days on Market141

Property Features for 601 N Rossmore Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning LAR4
Bedrooms 19
Bathrooms 40
Full bathrooms 2
Rooms Bathroom 13, Bathroom 39, Bedroom 13, Bathroom 25, Bathroom 29, Bathroom 40, Bathroom 20, Bathroom 34, Bedroom 10, Bathroom 21, Bedroom 14, Bathroom 31, Bathroom 36, Bathroom 12, Bathroom 19, Bathroom 18, Bathroom 3, Bathroom 30, Bathroom 1, Bedroom 1, Bathroom 33, Bedroom 8, Bedroom 2, Bedroom 6, Bathroom 6, Bedroom 18, Bedroom 9, Bedroom 19, Bathroom 2, Bathroom 9, Bathroom 10, Bathroom 28, Bathroom 14, Bathroom 35, Bathroom 7, Bedroom 17, Bathroom 32, Bathroom 16, Bedroom 5, Bedroom 15, Bathroom 27, Bathroom 37, Bathroom 38, Bathroom 11, Bedroom 7, Bathroom 22, Bathroom 23, Bedroom 3, Bedroom 11, Bathroom 17, Bathroom 8, Bedroom 16, Bathroom 24, Bedroom 12, Bedroom 4, Bathroom 4, Bathroom 15, Bathroom 5, Bathroom 26
Directions Rossmore Ave & Clinton St
Subdivision Hancock Park-Wilshire
Standard status Pending
APN 5523-007-010
Size 33,598 SF
Lot size 0.20 Acres

Building Details

Year built 1927
Floors in Building 5
Number of units 40
Buildings 1
Listing Agency: REMAX COMMERCIAL & INVESTMENT REALTY
Listed By: Robert Renshaw · License #01332831
Added: Jun 19 Changed: Oct 24 Last Checked: Nov 6 at 11:06AM
MLS# 26850035

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Constructed in 1927, this 40-unit apartment building contains approximately 33,598 gross square feet and is served by an elevator. The unit mix is concentrated in studios and one-bedroom apartments. Electricity and gas are master metered, while recent work includes a replacement roof, electrical upgrades, and fresh interior paint. Multiple units are expected to be vacant at closing, creating an immediate opportunity for renovation and repositioning.

The property occupies 0.2007 acres at 601 N Rossmore Ave in Los Angeles. It is situated south of Hancock Park and near Larchmont Village, with neighborhood retail, cafes, and services in the surrounding area. The property also offers access to Wilshire Boulevard, Paramount Studios, and employment centers throughout Los Angeles. Zoning is LAR4.

Key Highlights

  • 40‑unit apartment building with approximately 33,598 gross square feet
  • Built in 1927 with elevator service
  • Primary unit mix consists of studios and one‑bedroom apartments

Property Analytics

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Lease Details

40
Residential units

Location Intelligence

Trade Area within ½ mile

2,648
Businesses Nearby

Demographics for 90004, CA

58,585
Population
26,046
Households
2.2
Avg Household Size
37
Median Age
40%
College-Educated
78%
High-School Grad
3.1 sq mi
ZIP Area
18,898
Density / Sq Mi
$62,655
Median Household Income
$39,359
Median Earnings
$1,752
Median Rent
$1,457,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in Los Angeles, CA

$379 Jul
$368 Aug
$367 Sep
$367 Oct

Properties on Market for Apartment buildings in Los Angeles

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - LAR4-zoned apartment property with updated building systems and multiple units scheduled for vacancy at closing.
Where is this apartment building located?
The property is located at 601 N Rossmore Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: 40‑unit apartment building with approximately 33,598 gross square feet; Built in 1927 with elevator service; Primary unit mix consists of studios and one‑bedroom apartments
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