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12904 Palms Blvd, Los Angeles, CA 90066
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12904 Palms Blvd Los Angeles, CA 90066

$2,700,000 Sold Price as of 03/10/2022
  • -- Beds
  • -- Baths
  • 3,194 Sq.Ft.
Sold
$2,700,000 Sold Price as of 03/10/2022 Refinance Your Mortgage
Map preview of 12904 Palms Blvd, Los Angeles, CA 90066

Property Overview: 12904 Palms Blvd Los Angeles, CA has -- bedrooms, -- bathrooms, 3,194 living square feet and 5,564 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: WOW! WOW! WOW! First time on the market in over 40 years! VALUE-ADD with TREMENDOUS UPSIDE. Current home to Beethoven Market (Tenant). The real estate and land are for sale NOT the business or liquor license. The property is ideally located in an extraordinarily desirable Mar Vista neighborhood. The current Tenants' lease is set to expire on 3/31/22 with no options to renew. Fantastic for an owner/user or investor. The current Tenant is paying substantially below market rent and has expressed interest in a new, longer-term, market-rate lease. The property is an irreplaceable, commercially zoned LAC1 on a 5,564 +/- ft. lot and the structure is approximately 3,194 +/- sq. ft. (per assessor) with on-site parking. Buyers to verify ALL information to their own satisfaction. Co-Listed with Jason Froehlich, Douglas Elliman Commercial.

Listed by Marny Maslon | BRE #01322584 | Douglas Elliman of California, Inc.
Co-listed by Jason Froehlich | BRE #01009977 | Douglas Elliman
Last checked: 4 minutes ago | Last updated: June 6th, 2023 | Source CRMLS | DOM: 28

Home details

Lot Sq. Ft
5,564
HOA Dues
$0/mo
Year built
1949
Garage
--
Property Type:
Other
Status
Sold
MLS#
21108391
City
Los Angeles
County
Los Angeles
Time on Site
327 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 1
  • Total # of Buildings: 1
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 12904 Palms Blvd

Lot Details / Garage and Parking
Lot Information
  • Lot Features: Corner Lot, Level with Street
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 1
  • Parcel Number: 4245006035
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: West if Centinela, North of Venice
View more facts & features

Local Los Angeles Agent

Sale History for 12904 Palms Blvd

Last sold for $2,700,000 on March 10th, 2022

  • March, 2022

  • Mar 10, 2022

    Date

    Sold

    CRMLS: 21108391

    $2,700,000

    Price

  • Dec 2, 2021

    Date

    Active

    CRMLS: 21108391

    $2,595,000

    Price

  • February, 2012

  • Feb 15, 2012

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 12904 Palms Blvd

Assessed Value (2020): $158,381
Year Land Value Improved Value Assessed Value
2020 $102,642 $55,739 $158,381

Home Value Compared to the Market

This property vs the competition

12904 Palms Blvd sold on March 10, 2022 for 147.14% higher than the current median sold price for the city of Los Angeles which is $1,050,000. The median sold price per/sqft for Los Angeles is $738 and this home is sold at $812.46 per/sqft which puts the price per square foot 10.09% higher than the current median sale per square foot for the city of Los Angeles.

About 12904 Palms Blvd

Detailed summary of property

12904 Palms Blvd is a other that recently sold in Los Angeles, CA 90066. This property offered -- bedrooms, -- bathrooms, roughly 3,194 living square feet, and sits on an approximately 5,564 square foot lot. 12904 Palms Blvd was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $2,700,000. Home in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 147.14% higher than the current median priced home. Local homes that are currently for sale include 649 W 92nd St, 5975 S Broadway and 316 W Manchester Ave. While the average home in Los Angeles, CA is selling in 96 days, 12904 Palms Blvd has a days on market of 28 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 12904 Palms Blvd Los Angeles, CA 90066 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 12904 Palms Blvd

Public county record property details
Beds
--
Baths
--
Year built
1949
Sq. Ft.
3,194
Lot Size
5,564
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
366
APN
4245-006-035

The source for these homes facts are from public records.

90066 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,149,000
Median List Price/Sq.Ft.
$1,014
Median Sold Price
$1,925,000
Median Sold Price/Sq.Ft.
$1,050
Total Inventory
110
Median Sale to List Price %
104.05%
Avg Days on Market
27
Loan Type
Conventional (17.39%), FHA (0%), VA (0%), Cash (0%), Other (13.04%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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