NOT LISTED FOR SALE

1431 N Las Palmas Ave Los Angeles, CA 90028

Hollywood Neighborhood

Estimated Value: $1,271,000 - $2,765,698

8 Beds
4 Baths
3,844 Sq Ft
$528/Sq Ft Est. Value

Last Sold March 27, 2013

Last sale price $1,180,000 $307 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $13,318/month

6 Days on Market

Highlights

  • 7 Car Detached Garage
  • Floor Furnace
  • 4-minute walk to De Longpre Park
  • Ceiling Fan
  • Auto Driveway Gate

About This Home

As of March 2013

Standard Sale - Fully occupied beautiful 4 plex in the heart of Hollywood with room for upside in rents. Perfect for an investor looking for consistent cash flow in high demand neighborhood. You won't find a better located building in PRIME Hollywood just off Sunset Blvd - Walk to subway, Kodak Theater & Hollywood Blvd! The building's original charm has been completely restored and renovated all while providing modern upgrades. Upgraded copper plumbing, foundation, electrical, granite in all units, washer & dryer in all units! Original hardwood fully restored and stained bringing back that classic Hollywood charm. Show with accepted offer. DO NOT DISTURB TENANTS. Listing broker is co-owner.

Last Agent to Sell the Property

Mark Khuri

Mark Khuri License #01900750 Listed on: 01/03/2013

Last Buyer's Agent

Tony Papillo

Coldwell Banker Realty License #01464847

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,651

Year Built

  • Built in 1921

Lot Details

  • 5,000 Sq Ft Lot

Interior Spaces

  • 3,844 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 7 Car Detached Garage
  • Auto Driveway Gate
  • Driveway

Utilities

  • Window Unit Cooling System
  • Floor Furnace
  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5547-022-016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,651

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3844
  • Stories: 2
  • Year Built: 1921
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Cable, Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 310.87

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Detached, Driveway - Concrete, Driveway Gate, Garage - 3 Car
  • Total Parking: 7

Utilities

  • Cooling: Ceiling Fan, Window Unit(s)
  • Heating: Floor Furnace, Wall Gas

Lot Info

  • Assessed Improvement Value: 153786
  • Assessed Land Value: 871458
  • Assessor Parcel Number: 5547-022-016
  • Geocode Override: No
  • Lot Size Area: 5000

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Total Annual Expense: 0
  • Type Of Units: 4 Units
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2020
Sold by
Medwin Jonathan Daniel
Bought by
Tydajer Enterprises Llc
Current Estimated Value
$2,163,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$833,000
Outstanding Balance
$752,772
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$1,278,403

Purchase Details

Listed on
Jan 3, 2013
Closed on
Feb 26, 2013
Sold by
Khuri Mark and Khuri Fadi
Bought by
Medwin Jonathan Daniel
Seller's Agent
Mark Khuri
Mark Khuri
Buyer's Agent
Tony Papillo
Coldwell Banker Realty
List Price
$1,195,000
Sold Price
$1,180,000
Premium/Discount to List
-$15,000
-1.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.48%
Original Mortgage
$822,500
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2008
Sold by
Alvarenga Jorge and Alvarenga Ana
Bought by
Khuri Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2002
Sold by
Alvarenga Jorge and Alvarenga Ana M
Bought by
Alvarenga Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.83%

Purchase Details

Closed on
Nov 19, 1998
Sold by
Priego Victor
Bought by
Alvarenga Tania G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,701
Interest Rate
6.69%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 26, 1996
Sold by
Anaya Rafael
Bought by
Alvarenga Jorge and Alvarenga Ana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,062
Interest Rate
8.23%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 26, 1993
Sold by
Oghigian Victoria and Oghigian Jeanette
Bought by
Anaya Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,250
Interest Rate
6.74%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 16, 1993
Sold by
Lange Diana M
Bought by
Oghigian Victoria and Oghigian Jeanette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,250
Interest Rate
6.74%
Mortgage Type
Seller Take Back
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
Tydajer Enterprises Llc -- Old Republic Title Company
Medwin Jonathan Daniel $1,180,000 Lawyers Title
Khuri Mark $1,000,000 Fidelity Van Nuys
Alvarenga Jorge -- Southland Title
Alvarenga Tania G -- Fidelity National Title
Alvarenga Jorge -- Fidelity National Title
Alvarenga Jorge $250,000 Chicago Title Co
Anaya Rafael -- Chicago Title Company
Oghigian Victoria $69,164 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tydajer Enterprises Llc $833,000
Previous Owner Medwin Jonathan Daniel $822,500
Previous Owner Khuri Mark $800,000
Previous Owner Alvarenga Jorge A $200,000
Previous Owner Alvarenga Jorge A $190,000
Previous Owner Alvarenga Jorge $250,000
Previous Owner Alvarenga Jorge $250,000
Previous Owner Alvarenga Jorge $224,000
Previous Owner Alvarenga Jorge $226,701
Previous Owner Alvarenga Jorge $230,062
Previous Owner Anaya Rafael $70,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2013 03/27/13 Sold $1,180,000 -1.3% $307 / Sq Ft
01/09/2013 01/09/13 Pending -- -- --
01/03/2013 01/03/13 For Sale $1,195,000 -- $311 / 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 $17,651 $1,453,074 $985,138 $467,936
2024 $17,651 $1,424,583 $965,822 $458,761
2023 $17,316 $1,396,651 $946,885 $449,766
2022 $16,520 $1,369,267 $928,319 $440,948
2021 $16,305 $1,342,419 $910,117 $432,302
2020 $16,470 $1,329,115 $900,785 $428,330
2019 $15,821 $1,303,064 $883,123 $419,941
2018 $15,701 $1,277,523 $865,807 $411,716
2016 $14,999 $1,227,476 $832,188 $395,288
2015 $14,781 $1,209,039 $819,688 $389,351
2014 $14,847 $1,185,357 $803,632 $381,725
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Mark Khuri

    Mark Khuri

    Section Image
  • Tony Papillo

    Buyer's Agent in 2013

    Tony Papillo

    Coldwell Banker Realty

    Section Image
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Map

Source: The MLS

MLS Number: 13-642609

The MLS

APN: 5547-022-016

California Los Angeles County Los Angeles 90028 Hollywood

1431 N Las Palmas Ave, Los Angeles, CA

This home is located at 1431 N Las Palmas Ave, Los Angeles, CA 90028 since 03 January 2013 and is currently estimated at $2,031,175, approximately $528 per square foot. This property was built in 1921. 1431 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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