$1,650,000
$150K PRICE DROP

Estimated payment $10,260/month

Total Views 1,340
2 Beds
2 Baths
1,620 Sq Ft
$1,019 Price per Sq Ft

About This Home

***$105,000 price reduction - marketing package in docs section*** 1514 La Baig Ave is a duplex (delivered vacant) located on a 5,499 SF lot in the center of the Hollywood Media District; just two parcels north of Sunset Blvd. This is a rare opportunity to acquire a development-ready site in a dynamic growth corridor, surrounded by major film and media employers, new mixed-use development, and transformative infrastructure investment. The property neighbors a new 109-unit apartment complex by CIM, across from Sunset Bronson Studios and Emerson College, and adjacent to the Netflix headquarters campus. A block away, the much-anticipated $1 billion "The Star" tower, designed by Norman Foster, is set to redefine the local skyline and inject over half a million square feet of new Class A creative space. Ready-to-issue (RTI) plans to develop a 9-unit market-rate multifamily complex. Plans call for (1) 2-bdrm. unit, (3) 1-bdrm. units, and (5) singles. Please refer to the plans for more information. This site is eligible (buyer to verify) for Opportunity Zone tax benefits and is aligned with the recently enacted Hollywood Community Plan, which significantly increases allowable density incentivizes affordable housing, and encourages transit-oriented growth throughout the Sunset and Hollywood corridors. The existing improvements include (2) 1-bdrm. bungalow-style units. The property also features covered and surface parking, plus a standalone garage. Please note, the units are separately metered.

Listing Agent

Max Berger

Compass License #02054048 Listed on: 06/13/2025

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,715

Year Built

  • Built in 1919

Lot Details

  • 5,502 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Bungalow

Interior Spaces

  • 1,620 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 5545-007-048

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,715

Year Built

Built in 1919

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Style: Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Alley: No
  • Living Area: 1620
  • Stories: 1
  • Year Built: 1919
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 2
  • Common Walls: Attached
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 1018.52

Exterior Features

  • Other Structures: None
  • View: No

Garage/Parking

  • Garage Spaces: 1
  • Other Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Garage - 1 Car, Covered Parking, Uncovered
  • Total Parking: 3

Lot Info

  • Assessor Parcel Number: 5545-007-048
  • Lot Size Area: 5502

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: Apartments
  • Vacancy Rate: 100%

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $14,715 $1,220,389 $795,906 $424,483
2024 $14,715 $1,196,460 $780,300 $416,160
2023 $14,434 $1,173,000 $765,000 $408,000
2022 $15,979 $1,339,737 $875,982 $463,755
2021 $15,785 $1,313,468 $858,806 $454,662
2020 $4,076 $317,797 $256,247 $61,550
2019 $3,923 $311,567 $251,223 $60,344
2018 $3,802 $305,459 $246,298 $59,161
2016 $3,624 $293,599 $236,735 $56,864
2015 $3,572 $289,190 $233,180 $56,010
2014 $3,596 $283,526 $228,613 $54,913
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 Price Changed $1,650,000 -2.7% $1,019 / Sq Ft
06/24/2025 06/24/25 Price Changed $1,695,000 -5.8% $1,046 / Sq Ft
06/13/2025 06/13/25 For Sale $1,800,000 +38.5% $1,111 / Sq Ft
03/11/2020 03/11/20 Sold $1,300,000 0.0% $802 / Sq Ft
09/20/2019 09/20/19 Pending -- -- --
09/17/2019 09/17/19 For Sale $1,300,000 -- $802 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Atlas Title Company
Interfamily Deed Transfer -- Accommodation
Grant Deed $1,300,000 California Title Company
Interfamily Deed Transfer -- Title 365
Grant Deed -- --
Grant Deed $183,500 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $877,500 New Conventional
Closed $500,000 New Conventional
Previous Owner $100,000 New Conventional
Previous Owner $975,000 New Conventional
Previous Owner $350,000 New Conventional
Previous Owner $292,000 Adjustable Rate Mortgage/ARM
Previous Owner $50,000 Future Advance Clause Open End Mortgage
Previous Owner $227,331 New Conventional
Previous Owner $120,000 Credit Line Revolving
Previous Owner $40,000 Credit Line Revolving
Previous Owner $40,000 Credit Line Revolving
Previous Owner $209,000 Purchase Money Mortgage
Previous Owner $21,000 Credit Line Revolving
Previous Owner $181,801 FHA
Previous Owner $75,000 Unknown
Source: Public Records

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Source: The MLS

MLS Number: 25552323

The MLS

APN: 5545-007-048