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    1435 N Las Palmas Ave

    Los Angeles, CA 90028
    • $2,000,000
    • STATUS: Active
    • ON SITE: 342 days
    • ID#: 19-529284
    UPDATED: 69 min ago
    $2,000,000
    • 8
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,844
      SQFT
    • $520
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1921
    County:
    Area:

    School Ratings & Info

    Description

    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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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-10-19T18:43:03.637. 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.
    www.randyplaice.com/homes/100826754
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    1435 N Las Palmas Ave Los Angeles, CA 90028

    • Price: $2,000,000
    • Status: Active
    • Updated: 69 min ago
    • ID#: 19-529284
    8
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,844
    SQFT
    $520
    $/SQFT
    1921
    Built
    Neighborhood:
    Hollywood
    County:
    Los Angeles
    Area:
    Hollywood
    Property Description
    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.
    Exterior Features

    Lot Size Area 5151 Other Structures None Parking Garage Tandem Pool YN No Tennis YN No Total Parking 8

    Interior Features

    Baths Total 8.00 Cooling Wall/Window Den No Dining Room No Equipment None Family Room No Heating None

    Property Features

    Gross Income 116810 Gross Operating Income 113308 Like Units1 4 Net Operating Income 76482.00 Number Of Buildings 1 Number Of Units 4 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 36826 Type Of Units 2+2 Zoning Lard1.5

    Listing provided courtesy of Daniel Baird DRE#01249675 of Sperry Van Ness.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-10-19T18:43:03.637. 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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    Randy Plaice and Associates | RE/MAX
    27720 Dickason Drive
    Valencia CA, 91355