
1514 La Baig Ave Los Angeles, CA 90028
Hollywood NeighborhoodEstimated payment $10,260/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
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 |
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 |
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Source: The MLS
MLS Number: 25552323

APN: 5545-007-048
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