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1944 Palmerston Pl, Los Angeles, CA 90027
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1944 Palmerston Pl Los Angeles, CA 90027

$1,990,000 Sold Price as of 01/14/2021
  • 6 Beds
  • 5 Baths
  • 4,289 Sq.Ft.
Sold
$1,990,000 Sold Price as of 01/14/2021 Refinance Your Mortgage
Map preview of 1944 Palmerston Pl, Los Angeles, CA 90027

Property Overview: 1944 Palmerston Pl Los Angeles, CA has 6 bedrooms, 5 bathrooms, 4,289 living square feet and 6,052 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Superb location on one of the most beautiful streets in all of 90027. Place Mathilde, designed in 1940 by Hiram J. Hamer, AIA, is a highly desirable, vintage 1940s 4 residence multi-family building with excellent curb appeal on an immaculate tree-lined street in the heart of highly desirable Los Feliz submarket with excellent amenities and public transport nearby. The 4 residences include a vacant 2 bedroom, 2 bathroom unit with a den, 20-foot soaring ceilings, skylights, hardwood floors, walk-in closet with vintage cabinetry, bar, two-car garage, and treetop sunset views. Open and bright, this 1,900-square-foot unit's multiple doors lead to a private yard. Other 3 residences include a second story, 2-bedroom, 1-bathroom unit with westward views and picture windows, and two 1-bedroom, 1-bathroom front units (separate structure). All units have garages and inside washer-dryer. Amenities include patio/BBQ area, porches, and storage. Perfect for owner occupant or discerning investor.

Listed by Carlos Castillo | BRE #01254307 | The Agency
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 24

Home details

Lot Sq. Ft
6,052
HOA Dues
$0/mo
Year built
1940
Garage
5 Car
Property Type:
Multi Family
Status
Sold
MLS#
20662074
City
Los Angeles
County
Los Angeles
Time on Site
1338 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,120
  • Total Rent: $1,120
  • Pro Forma/Market Rent: $2,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 19
  • Gross Scheduled Income: --
  • Net Operating Income: $83,645
  • Gross Operating Income: $119,645
  • # of Rented Garages: 4
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $17,000
  • Trash: $300
  • Insurance: $3,569
  • Maintenance: $2,000
  • Water/Sewer: $400

Property Details for 1944 Palmerston Pl

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Stackable
Fireplace Information
  • Has Fireplace
  • Dining Room, Living Room
Room Information
  • Flooring: Wood, Tile
  • Den, Walk-In Closet, Master Bathroom
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Oven, Gas Cooktop
Interior Features
  • Dry Bar, Cathedral Ceiling(s), Block Walls, Beamed Ceilings, Tray Ceiling(s), Two Story Ceilings, Storage
  • Levels: Multi/Split
  • Window Features: Plantation Shutters, Skylight(s), Screens, Bay Window(s), Double Pane Windows
  • Security Features: Carbon Monoxide Detector(s), Card/Code Access, Gated Community, Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Detached Carport
Lot Information
  • Lot Features: Back Yard, Landscaped
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: City Lights, Peek-A-Boo, Courtyard
  • Total # of Units: 4
  • Parcel Number: 5589017039
  • Architectural Style: Traditional
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Association Amenities: Controlled Access
Location / Neighborhood
Location Information
  • Directions: North of Franklin, between Normandie and Edgemont.
View more facts & features

Local Los Angeles Agent

Sale History for 1944 Palmerston Pl

Last sold for $1,990,000 on January 19th, 2021

  • January, 2021

  • Jan 21, 2021

    Date

    Sold

    CRMLS: 20662074

    $1,990,000

    Price

  • Dec 31, 2020

    Date

    Pending

    CRMLS: 20662074

    $1,999,999

    Price

  • Dec 22, 2020

    Date

    Hold

    CRMLS: 20662074

    $1,999,999

    Price

  • Nov 20, 2020

    Date

    Active

    CRMLS: 20662074

    $1,999,999

    Price

  • January, 2021

  • Jan 19, 2021

    Date

    Sold (Public Records)

    Public Records

    $1,990,000

    Price

  • November, 2020

  • Nov 20, 2020

    Date

    Canceled

    CRMLS: 20628346

    $1,999,999

    Price

  • Nov 6, 2020

    Date

    Price Change

    CRMLS: 20628346

    $1,999,999

    Price

  • Nov 6, 2020

    Date

    Active

    CRMLS: 20628346

    $2,350,000

    Price

  • Oct 15, 2020

    Date

    Active Under Contract

    CRMLS: 20628346

    $2,350,000

    Price

  • Sep 15, 2020

    Date

    Active

    CRMLS: 20628346

    $2,350,000

    Price

  • Sep 12, 2020

    Date

    Coming Soon

    CRMLS: 20628346

    $2,350,000

    Price

  • Listing provided courtesy of CRMLS

    4 Units north of Franklin, just east of Laughlin Park. 1-2B|2b 1900sf vacant residence w|20ft vaulted ceilings, den w|french doors leading to private nation, skylights, hardwood floors, views; second unit is 2nd floor, 2B|1 w|westward views; third+fourth units are 2-1B|1 units, 1940s details. All units have garages, in unit laundry, views, patios, porches, character details. Currently 1900sf is vacant w|possibility of 1-1B and 2B unit vacant as well (tenants have expressed interest in relocation). Excellent value-add, amazing upside potential. Great for owner-occupant or discerning investor. Los Feliz living at its finest.

  • October, 2008

  • Oct 31, 2008

    Date

    Sold (Public Records)

    Public Records

    $1,260,000

    Price

Show More

Tax History for 1944 Palmerston Pl

Assessed Value (2020): $1,483,637
Year Land Value Improved Value Assessed Value
2020 $593,454 $890,183 $1,483,637

Home Value Compared to the Market

This property vs the competition

1944 Palmerston Pl sold on January 14, 2021 for 78.57% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $466.31 per/sqft which puts the price per square foot 35.59% lower than the current median sale per square foot for the city of Los Angeles.

About 1944 Palmerston Pl

Detailed summary of property

1944 Palmerston Pl is a multi family that recently sold in Los Angeles, CA 90027. This multi family property offered 6 bedrooms, 5 bathrooms, roughly 4,289 living square feet, and sits on an approximately 6,052 square foot lot. 1944 Palmerston Pl was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $1,990,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 78.57% higher than the current median priced home. Local homes that are currently for sale include 4047 Camero Ave, 1143 N Commonwealth Ave and 2523 Lyric Ave. While the average home in Los Angeles, CA is selling in 106 days, 1944 Palmerston Pl has a days on market of 24 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1944 Palmerston Pl Los Angeles, CA 90027 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1944 Palmerston Pl

Public county record property details
Beds
7
Baths
5
Year built
1940
Sq. Ft.
4,289
Lot Size
6,051
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
8
APN
5589-017-039

The source for these homes facts are from public records.

90027 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,488,000
Median List Price/Sq.Ft.
$943
Median Sold Price
$2,340,000
Median Sold Price/Sq.Ft.
$1,093
Total Inventory
81
Median Sale to List Price %
126.55%
Avg Days on Market
35
Loan Type
Conventional (14.29%), FHA (0%), VA (0%), Cash (7.14%), Other (0%)

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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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