1244 N Las Palmas Ave Los Angeles, CA 90038

$1,735,000 Sold Price as of 03/26/2020

6 Beds
3 Baths
2,998 Sq.Ft.

Off Market

$1,735,000 Sold Price as of 03/26/2020 Refinance Your Mortgage

Map preview of 1244 N Las Palmas Ave, Los Angeles, CA 90038

Property Overview: 1244 N Las Palmas Ave Los Angeles, CA has 6 bedrooms, 3 bathrooms, 2,998 living square feet and 7,531 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1244 N Las Palmas Ave is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,235,000. The median price per/sqft for Los Angeles is $774. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $247,000 for the down payment and will need roughly $24,700 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $59,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote

Local Los Angeles Agent

Sale History for 1244 N Las Palmas Ave

Last sold for $1,735,000 on March 26th, 2020

March, 2024
Mar 2, 2024

Date

Withdrawn

CRMLS: SR24002017

$2,100,000

Price
Jan 4, 2024

Date

Active

CRMLS: SR24002017

$2,100,000

Price
Listing provided courtesy of CRMLS

Magnificent gated triplex located in Hollywood. Situated in quiet location away from major street. Rear units (1242 1240 Las Palmas) were built 2006. Low maintenance income property with 3 electric meters, 3 water meters, 3 gas meters. Each unit has own central A/C. Ample Parking with six available spots. Each unit boasts its own convenient in-unit laundry. The property has been impeccably maintained, both inside and out, ensuring a comfortable living environment. Additionally, Potential to build 4th unit or ADU--buyer to check with city to confirm.

Continue Reading
January, 2024
Jan 3, 2024

Date

Expired

CRMLS: SR23184448

$2,100,000

Price
Oct 4, 2023

Date

Active

CRMLS: SR23184448

$2,100,000

Price
Listing provided courtesy of CRMLS

Magnificent gated triplex located in Hollywood. Situated in quiet location away from major street. Rear units (1242 1240 Las Palmas) were built 2006. Low maintenance income property with 3 electric meters, 3 water meters, 3 gas meters. Each unit has own central A/C. Ample Parking with six available spots. Each unit boasts its own convenient in-unit laundry. The property has been impeccably maintained, both inside and out, ensuring a comfortable living environment. Additionally, Potential to build 4th unit or ADU--buyer to check with city to confirm.

Continue Reading
June, 2020
Jun 30, 2020

Date

Expired

CRMLS: SR20103068

$3,500

Price
Jun 17, 2020

Date

Hold

CRMLS: SR20103068

$3,500

Price
May 30, 2020

Date

Active

CRMLS: SR20103068

$3,500

Price
Listing provided courtesy of CRMLS

Newly Remodeled 3 bed and 2 bath attractive home in true heart of Hollywood. This lovely house features gated, fully renovated, located in quiet area, open floor plan, bright & filled with natural light, beautiful new floor, in-unit washer & dryer, inside two parking space, ceiling fans in bedrooms, remodeled kitchen with granite counter top and outdoor garden.

Continue Reading
March, 2020
Mar 27, 2020

Date

Sold

CRMLS: 20552242

$1,732,000

Price
Feb 14, 2020

Date

Active Under Contract

CRMLS: 20552242

$1,699,000

Price
Feb 8, 2020

Date

Active

CRMLS: 20552242

$1,699,000

Price
Listing provided courtesy of CRMLS

Imagine owning a triplex in the heart of Hollywood! To be more specific, a Craftsman Bungalow with a duplex in the rear (built in 2006). The Bungalow will be delivered vacant, as well as the upper unit of the duplex. The front house has been freshly painted and is move-in ready. The upper unit of the duplex was primarily used for Airbnb and has been consistently rented because of its proximity to all that's happening. Don't miss out on this great opportunity. So many possibilities for a owner user/investor or developer.

Continue Reading
March, 2020
Mar 26, 2020

Date

Sold (Public Records)

Public Records

$1,735,000

Price
August, 2002
Aug 6, 2002

Date

Sold (Public Records)

Public Records

$314,500

Price

Tax History for 1244 N Las Palmas Ave

Assessed Value (2020): $662,648

Year	Land Value	Improved Value	Assessed Value
2020	$333,192	$329,456	$662,648

About 1244 N Las Palmas Ave

Detailed summary of property

1244 N Las Palmas Ave is categorized with a use code of Triplex (3 Units, Any Combination) in Los Angeles, CA 90038 and last sold on March 26, 2020 for $1,735,000. This property has 6 bedrooms, 3 bathrooms, roughly 2,998 living square feet, and sits on an approximately 7,531 square foot lot. Homes in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 45.8% higher than the current median priced home. 1244 N Las Palmas Ave was last sold on March 26, 2020 for $1,735,000. Local nearby listings include 1424 N Jonah Ln, 849 N June St and 833 N Las Palmas Ave. The average home in Los Angeles, CA is selling in 94 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. If you are the homeowner and looking to sell the home at 1244 N Las Palmas Ave Los Angeles, CA 90038 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1244 N Las Palmas Ave

Public county record property details

Beds: 6
Baths: 3
Year built: 1921
Sq. Ft.: 2,998
Lot Size: 7,531
Stories: --

Type: Triplex (3 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 4
APN: 5532-003-004

The source for these homes facts are from public records.

90038 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,299,000

Median List Price/Sq.Ft.

$706

Median Sold Price

$715,000

Median Sold Price/Sq.Ft.

$659

Total Inventory

Median Sale to List Price %

79.44%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (50%), Other (0%)

Thinking of Selling?

Is this your property?
Thinking of Selling?
Call, Text or Message

(714) 706-1823

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote