NOT LISTED FOR SALE

1357 N Las Palmas Ave Los Angeles, CA 90028

Hollywood Neighborhood

Estimated Value: $1,380,341 - $1,657,000

4 Beds
3.5 Baths
1,930 Sq Ft
$774/Sq Ft Est. Value

Last Sold May 26, 2021

Last sale price $1,200,000 $622 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $9,444/month

49 Days on Market

Highlights

  • Sound Studio
  • Craftsman Architecture
  • Bonus Room
  • In Ground Pool
  • Attic
  • 3-minute walk to De Longpre Park

About This Home

As of May 2021

BACK ON THE MARKET. **Investor opportunity** RD1.5 Corner Lot with entry access on both sides. Property could be remodeled from the ground up or tear it down and convert it into units / condo's see last photo for idea (taken from actual home 300 ft away). Great location, Prime Hollywood area (Media / Music). Owner user or investor / builder. Seller acquired property as 4bd (1 Master and 1 Bedrooms on main floor, 2 additional rooms attached in a converted garage). Seller has since converted those two bedrooms into a music studio, all equipment has been removed. Call Listing Agent with any questions, property is under video surveillance. Property is being sold in it's as is condition with no repairs being offered.

Last Agent to Sell the Property

Tony Gonzales

Vista Sotheby's International Realty License #01777814 Listed on: 04/02/2021

Last Buyer's Agent

Tony Gonzales

License #01777814

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,652

Year Built

  • Built in 1932

Lot Details

  • 5,492 Sq Ft Lot
  • Lot Dimensions are 75x110
  • East Facing Home
  • Fenced Yard
  • Gated Home
  • Wrought Iron Fence
  • Corner Lot
  • Front Yard
  • Tear Down
  • Property is zoned LARD1.5

Home Design

  • Craftsman Architecture
  • Major Repairs Completed
  • Fixer Upper
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,930 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Bonus Room
  • Sound Studio
  • Attic

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • 2 Parking Spaces
  • Carport
  • Converted Garage
  • Driveway

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Floor Furnace
  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5547-032-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,652

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Street Number Display: Yes
  • Living Area: 1930
  • Lot Acreage: 0.1261
  • Lot Dimensions: 75x110
  • Planned Urban Dev: 0
  • Property Condition: Fixer, Tear Down, Repairs Major
  • Stories: 1
  • Year Built: 1932
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Mixed
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Bedroom Features: Ground Floor Master
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Gas Or Electric Dryer Hookup
  • Fireplace: Yes
  • Price Per S Q F T: 569.95

Exterior Features

  • Direction Faces: East
  • Other Structures: Accessory Bldgs
  • Foundation Details: Raised
  • Fence: Wrought Iron
  • Pool Description: In Ground
  • Pool: Yes
  • Roof: Composition
  • Spa: In Ground
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Carport, Driveway
  • Total Parking: 2

Utilities

  • Water Heater: Gas
  • Heating: Floor Furnace, Wall
  • Security: Gated
  • Water: District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5547-032-026
  • Lot Description: Fenced Yard, Front Yard
  • Lot Location: Corner Lot
  • Lot Size Area: 5492

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2021
Closed on
May 18, 2021
Sold by
Abay Emeline B and Abay Eustaquio O
Bought by
Las Palmas 1357 Llc
Seller's Agent
Tony Gonzales
Vista Sotheby's International Realty
Buyer's Agent
Tony Gonzales
List Price
$1,100,000
Sold Price
$1,200,000
Premium/Discount to List
$100,000
9.09%
Current Estimated Value
$1,486,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,793
Avg. Annual Appreciation
6.52%

Purchase Details

Closed on
May 4, 2016
Sold by
Abay Eustaquio O
Bought by
Emeline B Abay Trust

Purchase Details

Closed on
May 13, 2008
Sold by
Castro Lucila T
Bought by
Abay Ii Eustaquio O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,001
Interest Rate
6%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 30, 1993
Sold by
Integrated Data Concepts Inc
Bought by
Castro Lucila T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
5.25%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Las Palmas 1357 Llc $1,200,000 Western Resources Title
Emeline B Abay Trust -- None Available
Abay Ii Eustaquio O $690,000 Southland Title
Castro Lucila T $180,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abay Ii Eustaquio O $138,001
Previous Owner Abay Ii Eustaquio O $413,999
Previous Owner Castro Lucila T $440,000
Previous Owner Castro Lucila T $300,000
Previous Owner Castro Lucila T $171,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2021 05/26/21 Sold $1,200,000 0.0% $622 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
05/06/2021 05/06/21 Off Market $1,200,000 -- --
05/05/2021 05/05/21 For Sale $1,100,000 0.0% $570 / Sq Ft
04/09/2021 04/09/21 Pending -- -- --
04/06/2021 04/06/21 Price Changed $1,100,000 +11.1% $570 / Sq Ft
03/24/2021 03/24/21 For Sale $990,000 -- $513 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,652 $1,298,916 $1,039,134 $259,782
2024 $15,652 $1,273,448 $1,018,759 $254,689
2023 $15,353 $1,248,480 $998,784 $249,696
2022 $14,643 $1,224,000 $979,200 $244,800
2021 $10,199 $837,295 $554,801 $282,494
2020 $10,302 $828,711 $549,113 $279,598
2019 $9,897 $812,463 $538,347 $274,116
2018 $9,780 $796,534 $527,792 $268,742
2016 $9,349 $765,606 $507,299 $258,307
2015 $9,213 $754,106 $499,679 $254,427
2014 $8,220 $655,000 $434,000 $221,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Tony Gonzales

    Vista Sotheby's International Realty

See All Agents

Map

Source: The MLS

MLS Number: 21-700496

The MLS

APN: 5547-032-026

California Los Angeles County Los Angeles 90028 Hollywood

1357 N Las Palmas Ave, Los Angeles, CA

This home is located at 1357 N Las Palmas Ave, Los Angeles, CA 90028 since 02 April 2021 and is currently estimated at $1,494,585, approximately $774 per square foot. This property was built in 1932. 1357 N Las Palmas Ave is a home located in Los Angeles County with nearby schools including Gardner Street Elementary School, Hubert Howe Bancroft Middle School, and Hollywood Senior High School.

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