Income Home for Sale in Los Angeles, California

601 N Rossmore Avenue, Los Angeles, California 90004, US

$ 7,500,000

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

  • Price: $ 7,500,000
  • MLS ID: 26850035
  • Property Type: Income Home
  • WEB ID: PR03651279
  • Property Status: Active
  • Lot Size: 8,742sqft
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

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  • Price: $ 7,500,000
  • MLS ID: 26850035
  • Property Type: Income Home
  • WEB ID: PR03651279
  • Property Status: Active
  • Lot Size: 8,742sqft
***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.

Additional Features

  • Multi/Split
  • Three Or More
  • Parking spaces: 0.00
  • Listing Status: Active
  • Listing Agent: Robert Renshaw (lic# 01332831) of Beverly Hills/Greater LA
  • Listing Office: REMAX COMMERCIAL & INVESTMENT REALTY (lic# 01508014)
  • CO-Listing Agent: Jonathan Taksa (lic# 01366169) of Beverly Hills/Greater LA
  • CO-Listing Office: Remax Commercial and Investment Realty (lic# 01508014)
  • Based on information from CRISNet MLS as of 31st July 2026 at 11:07pm. 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.

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