1256 1/2 N Las Palmas Ave

Los Angeles, CA 90038

$900,000
Last Sold Price
4
Beds
4
Baths
2,583 Sq. Ft.
$348 / Sq. Ft.
2,583
Sq. Ft.
$348
per Sq. Ft.

Description

Incredible income property opportunity in Hollywood. The four units include a 2 Bedroom 1 Bath 1912 California Bungalow. In addition there are two 1 Bedroom, 1 Bath units and a Studio unit. Each unit has its own individual fenced outdoor area. The property if fully fenced and parking is through a secured remote entry. Close to shopping, transportation and Hollywood landmarks. An oasis in the middle of the city. Please drive by only. Do not walk on property. Do not disturb tenants.Incredible income property opportunity in Hollywood. The four units include a 2 Bedroom 1 Bath 1912 California Bungalow. In addition there are two 1 Bedroom, 1 Bath units and a Studio unit. Each unit has its own individual fenced outdoor area. The property if fully fenced and parking is through a secured remote entry. Close to shopping, transportation and Hollywood landmarks. An oasis in the middle of the city. Please drive by only. Do not walk on property. Do not disturb tenants.

Listing Agent

  1. Kevin Bourland

    Kevin Bourland

    Listing Agent

    Compass

    DRE #01486389

Property Details for 1256 1/2 North Las Palmas Avenue

Style
California Bungalow
Cross Streets
FOUNTAIN AVENUE
Property Attached YN
false
Parcel Number
5532003002
Total Units
4.0
Living Area
2583
Source Living Area
Taped
Area
Hollywood (C20)
LISTING UPDATED: 12/11/2019 11:23 AM

Property Details for 1256 1/2 North Las Palmas Avenue

StatusSold
MLS #22169979IT
Days on Market36
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1912
Lot Size0.17 AC / 7,546 SF
CountyLos Angeles County
Buyer's Agent Compensation2.5%

Location

Listing Courtesy of Compass, Kevin Bourland, DRE #01486389

Sold By Compass, Kevin Bourland, DRE #01486389

Add your commute

Building Information for 1256 1/2 North Las Palmas Avenue

Stories-Residences-Year Built1912Building Size-Lot Size0.17 AC / 7,546 SF

Payment Calculator

$4,715 per month

30 year fixed, 6.845% Interest

Principal and Interest

$4,715

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1256 1/2 North Las Palmas Avenue

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Number Of Buildings: 3
  • View: No
Contract Info
Contract Info
  • ForSale: 1.0
  • Financing: Cash, Cash To New Loan, Private
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Net Operating Income: $49,322.00
  • Gross Scheduled Income: $68,340
  • Cap Rate: 5.50%
  • Expense Operating: $19,018.00
Land / Lot Info
Land / Lot Info
  • Land Lease Amount Per Year: $.00
  • Lot Acreage: 0.17
  • Lot Size Square Feet: 7546
  • Lot Description: Fenced Yard
  • Telephone: 1.0
Parking Details
Parking Details
  • Parking Garage: Driveway - Concrete, Gated
  • Total Parking: 4
  • Open Other Spaces Total: 4
  • Garage Spaces Total: 0
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Spa: No
Lease Terms
Lease Terms
  • Entry Date: 11-04-2012
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Rent: $2,100.00
  • Unit Actual Rent: $2,100.00
  • Like Units: 0
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Rent: $1,350.00
  • Unit Actual Rent: $1,350.00
  • Like Units: 0
Unit 3 Information
  • Unit Baths: 1
  • Unit Rent: $995.00
  • Unit Actual Rent: $995.00
  • Like Units: 0
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Rent: $1,250.00
  • Unit Actual Rent: $1,250.00
  • Like Units: 0
Unit 5 Information
  • Like Units: 0
Unit 6 Information
  • Like Units: 0
Unit 7 Information
  • Like Units: 0
Unit 8 Information
  • Like Units: 0
Unit 9 Information
  • Like Units: 0
Unit 10 Information
  • Like Units: 0
Unit 11 Information
  • Like Units: 0
Unit 12 Information
  • Unit Projected Rent: $.00
  • Like Units: 0
Unit 13 Information
  • Like Units: 0
Unit Details
  • Number of Electric Meters: 4
  • Number of Gas Meters: 4
  • Number Water Meters: 4
Tax and Assessed Info
Tax and Assessed Info
  • Tax Rate: .00%
  • Assessed Land Value: $.00

Property History for 1256 1/2 North Las Palmas Avenue

DateEvent & SourcePriceAppreciation
Dec 31, 2012

Sold

CLAW #22169979IT

$900,000—
Dec 31, 2012

Sold

CRMLS #22169979

$900,000—
Dec 11, 2012

Pending

CLAW #22169979IT

—
Dec 11, 2012

Pending

CRMLS #22169979

—
Nov 5, 2012

Listed (Active)

CLAW #22169979IT

$889,000—
Nov 5, 2012

Listed (Active)

CRMLS #P0-22169979

$889,000—
DateEvent & SourcePrice
12/31/2012

Sold

CLAW #22169979IT

$900,000
12/31/2012

Sold

CRMLS #22169979

$900,000
12/11/2012

Pending

CLAW #22169979IT

—
12/11/2012

Pending

CRMLS #22169979

—
11/05/2012

Listed (Active)

CLAW #22169979IT

$889,000
11/05/2012

Listed (Active)

CRMLS #P0-22169979

$889,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1256 1/2 North Las Palmas Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Charter - K to 12
Rating
School
Distance
Vine Street Elementary School
PublicK to 6

Hubert Howe Bancroft Middle School
Public6 to 8

Hollywood Senior High School
Public9 to 12

Larchmont Charter School
CharterK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Kevin Bourland, DRE #01486389

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.