1435 N Las Palmas Ave Los Angeles, CA 90028

$1,402,000 Sold Price as of 05/07/2014

8 Beds
8 Baths
3,844 Sq.Ft.

Off Market

$1,402,000 Sold Price as of 05/07/2014 Refinance Your Mortgage

Map preview of 1435 N Las Palmas Ave, Los Angeles, CA 90028

Property Overview: 1435 N Las Palmas Ave Los Angeles, CA has 8 bedrooms, 8 bathrooms, 3,844 living square feet and 5,150 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1435 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.

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Sale History for 1435 N Las Palmas Ave

Last sold for $1,402,000 on May 7th, 2014

September, 2022
Sep 12, 2022

Date

Expired

CRMLS: 22134441

$1,895,000

Price
Mar 11, 2022

Date

Active

CRMLS: 22134441

$1,895,000

Price
Listing provided courtesy of CRMLS

Fully occupied Fourplex in a prime Hollywood location, just south of Sunset Blvd. Perfect opportunity for an investor looking to add a well-performing asset to their portfolio, while maintaining tremendous upside potential. Units are currently rented under-market at $2,195 and consists of 2 beds/2 baths at approximately 950-960 sq. ft. each. Units have been thoughtfully upgraded while maintaining charm and character throughout. Hardwood flooring, vintage hardware, open kitchens, private washer/dryers in each unit. Building upgrades include copper plumbing, newer electrical, and new roof. Parking behind the building with additional permit parking on the quiet street. Property is located in a very walkable area which is a big draw for tenants, boosting rental income. Close accessibility to a wide range of entertainment and media companies such as Paramount Studios, CBS Studios, and Netflix. The area is widely known to be densely populated with a great rental growth market and low vacancy rates.

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September, 2021
Sep 15, 2021

Date

Active Under Contract

CRMLS: 21768678

$1,895,000

Price
Aug 4, 2021

Date

Active

CRMLS: 21768678

$1,895,000

Price
Listing provided courtesy of CRMLS

We are pleased to present 1435 N Las Palmas Ave., Los Angeles, CA 90028. This investment is a perfect fit for an investor looking to add a solid asset to their portfolio. The property is 100% occupied with tremendous upside potential! This Fourplex consists of 2+2 units and is approximately 3,844 SF situated on an estimated 5,150 SF lot. The property is in a desirable neighborhood of Hollywood, located just south of Sunset Boulevard. The property is in a very walkable area which is a big draw for tenants and boosting rental income. The area is widely known to be densely populated, great rental growth market with extremely low vacancy rates. It also supports one of the most robust employment centers in the Los Angeles MSA and offers close accessibility to a wide range of entertainment and media companies such as Paramount Studios, CBS Studios, and Netflix. Fully-occupied. PLEASE DO NOT DISTURB TENANTS.

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April, 2021
Apr 13, 2021

Date

Expired

CRMLS: 20653212

$1,895,000

Price
Mar 24, 2021

Date

Withdrawn

CRMLS: 20653212

$1,895,000

Price
Oct 30, 2020

Date

Active

CRMLS: 20653212

$1,895,000

Price
Listing provided courtesy of CRMLS

Westside Property Management and Del Rey Urban Brokerage, Inc. are pleased to present 1435 N Las Palmas Ave., Los Angeles, CA 90028. This investment is a perfect fit for an investor looking to add a solid asset to their portfolio. The property is 100% vacant allowing investors to renovate and create tremendous value! This Fourplex consists of 2+2 units. The building is approximately 3,844 SF situated on an estimated 5,150 SF lot. The property is in a desirable neighborhood of Hollywood, located just south of Sunset Boulevard. The property is in a very walkable area which is a big draw for tenants and boosting rental income. The area is widely known to be densely populated, great rental growth market with extremely low vacancy rates. It also supports one of the most robust employment centers in the Los Angeles MSA and offers close accessibility to a wide range of entertainment and media companies such as Paramount Studios, CBS Studios, and Netflix.

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November, 2020
Nov 3, 2020

Date

Canceled

CRMLS: 19529284

$2,000,000

Price
Nov 12, 2019

Date

Active

CRMLS: 19529284

$2,000,000

Price
Listing provided courtesy of CRMLS

SVN and Westside Property Management are pleased to present 1435 N Las Palmas Ave., Los Angeles, CA 90028. This Fourplex consists of all 2+2 Br Units and is an approximate size of 3,844 SF situated on an estimated 5,150 SF lot. It is in a charming neighborhood of the world-renowned Hollywood, located just South of the main thoroughfare of Sunset Boulevard. With a Walk Score of 96, this location is a "Walker's Paradise" (daily errands do not require a car). The area is widely know to be densely populated, great rental growth market with extremely low vacancy rates. It also supports one of the most robust employment centers in the Los Angeles MSA and offers close accessibility to a wide range of entertainment and media companies such as Paramount Studios, CBS Studios, and Netflix. The famous local industry has contributed over 2 Million SF of commercial/office space presently under development in the nearby Hollywood submarket.

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October, 2020
Oct 30, 2020

Date

Canceled

CRMLS: 20622172

$2,450

Price
Aug 21, 2020

Date

Active

CRMLS: 20622172

$2,450

Price
Listing provided courtesy of CRMLS

1 Month Free Rent on 13 month initial lease. ! Spacious Hollywood 2 Bedroom with Washer/Dryer. Hardwood flooring throughout. Period charm, vintage hardware & open kitchens. 2 full bathrooms. Private inside washer/dryer. 2 parking spaces.

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December, 2018
Dec 31, 2018

Date

Expired

CRMLS: 18342472

$1,999,999

Price
Nov 1, 2018

Date

Withdrawn

CRMLS: 18342472

$1,999,999

Price
Jul 23, 2018

Date

Active

CRMLS: 18342472

$1,999,999

Price
Jul 21, 2018

Date

Hold

CRMLS: 18342472

$1,999,999

Price
Jun 6, 2018

Date

Price Change

CRMLS: 18342472

$1,999,999

Price
May 10, 2018

Date

Active

CRMLS: 18342472

$2,150,000

Price
Listing provided courtesy of CRMLS

Great opportunity in prime Hollywood location steps to Sunset Blvd. Property exudes charm and character throughout. Hardwood flooring, vintage hardware & open kitchens. Units are each equipped with private inside washer/dryers. Quiet street with permit parking. Upgrades include copper plumbing, Newer electrical.

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May, 2014
May 7, 2014

Date

Sold (Public Records)

Public Records

$1,402,000

Price
June, 2011
Jun 20, 2011

Date

Sold (Public Records)

Public Records

$810,000

Price

Tax History for 1435 N Las Palmas Ave

Assessed Value (2020): $1,594,962

Year	Land Value	Improved Value	Assessed Value
2020	$943,792	$651,170	$1,594,962

About 1435 N Las Palmas Ave

Detailed summary of property

1435 N Las Palmas Ave is categorized with a use code of Quadruplex (4 Units, Any Combination) in Los Angeles, CA 90028 and last sold on May 7, 2014 for $1,402,000. This property has 8 bedrooms, 8 bathrooms, roughly 3,844 living square feet, and sits on an approximately 5,150 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 17.82% higher than the current median priced home. 1435 N Las Palmas Ave was last sold on May 7, 2014 for $1,402,000. Local nearby listings include 1411 N Detroit St #306, 1319 N Detroit St #Penthouse 3 and 1940 N Highland Ave #81. 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 1435 N Las Palmas Ave Los Angeles, CA 90028 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1435 N Las Palmas Ave

Public county record property details

Beds: 8
Baths: 8
Year built: 1921
Sq. Ft.: 3,844
Lot Size: 5,150
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 27,28
APN: 5547-022-015

The source for these homes facts are from public records.

90028 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,195,000

Median List Price/Sq.Ft.

$690

Median Sold Price

$752,000

Median Sold Price/Sq.Ft.

$470

Total Inventory

Median Sale to List Price %

83.65%

Avg Days on Market

197

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (100%)

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(714) 706-1823

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