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Millman Team Real Estate

$7,500,000
19 Bed
40 Bath
33,598 Sqft
0.20 Acre Lot

601 N Rossmore Avenue, Los Angeles, California 90004

  • Residential Income Property Type
  • 33,598 Sqft Square Footage
  • None Cars Garage
  • 1927 Year Built
Property Description

***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.

Basic Details
Residential Income
For Sale
26850035
$7,500,000
19
40
33,598 Sqft
1927
0.20 Acre
Active
Features
: None
$0
Address Map
CA
Los Angeles
Los Angeles
90004
Rossmore
601
Avenue
W119° 40' 20.9''
N34° 4' 54.6''
Rossmore Ave & Clinton St
C18 - Hancock Park-Wilshire
N
LAR4
Additional Information
$0
$0
$0
$0
$0
33598
: Three Or More, Multi/Split
40
2026-06-19
5
Broker/Agent Information
REMAX COMMERCIAL & INVESTMENT REALTY
Robert Renshaw
Listing Information
Jonathan Taksa
CLW-X90025
CLW-X7538301
Remax Commercial and Investment Realty
CLW-X68263
CLW-X75383
Active
2026-06-27T07:19:33Z
CRMLS
: Standard
2026-06-19T00:00:00Z
Agent info
Ray Millman
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