$540,000
SOLD JUN 25, 2024 RENTED JUL 18, 2025
1 Bed
1 Bath
831 Sq Ft
$531/mo HOA Fee

Recently Sold

$650 Per Sq Ft

2% Below List Price

18 Days on Market

Highlights

  • Fitness Center
  • Skyline View
  • Sauna
  • In Ground Pool
  • 1.98 Acre Lot
  • Balcony

About This Home

As of June 2024

Diamond in the rough... 831 SF original condition one bedroom at Casa Palmero, less than two blocks from Runyon Canyon. Two large closets (one a walk-in, the other a triple sliding door), very large L-shaped living room with deco fireplace, private east-facing balcony, and dining area open to kitchen. Two tandem parking spaces, and w/d allowed in unit. This one needs everything (except windows, which are dual paned and only six years old). Top floor, providing great sunlight and no noisy upstairs neighbors! Casa Palmero allows two pets per unit, and offers two saunas, two fitness rooms, two laundry rooms, BBQ area, recreation room, and large pool/spa (currently under renovations - see renderings in photos). Reasonable HOA dues at just under $531. NOTE: Furnished photos are digitally staged. True condition shown in vacant photos (wallpaper, non-renovated).

Last Agent to Sell the Property

Denise Rosner

Compass License #01902808 Listed on: 05/09/2024

Compass

Last Buyer's Agent

Mark Grimes

Compass License #02066384

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,496

Year Built

  • Built in 1974

HOA Fees

  • $531 Monthly HOA Fees

Home Design

  • Fixer Upper

Interior Spaces

  • 831 Sq Ft Home
  • 4-Story Property
  • Decorative Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Area
  • Laminate Flooring
  • Skyline Views

Kitchen

  • Galley Kitchen
  • Electric Oven
  • Range Hood
  • Formica Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower
  • Linen Closet In Bathroom

Home Security

Parking

  • 2 Covered Spaces
  • Tandem Parking
  • Controlled Entrance

Pool

  • In Ground Pool
  • Spa

Additional Features

  • Balcony
  • East Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5550-032-126

Community Details

Overview

  • 209 Units

Amenities

  • Community Barbecue Grill
  • Sauna
  • Recreation Room
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,496

Year Built

Built in 1974

Lot Details

0

HOA Fees

$531 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Garden Condo
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Casa Palmero
  • Entry Floor: 4
  • Living Area: 831
  • Lot Acreage: 1.9846
  • Planned Urban Dev: 0
  • Property Condition: Fixer
  • Stories: 4
  • Unit Floor In Building: 4
  • Year Built: 1974
  • Number Of Photos: 41
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Decorative, Living Room
  • Flooring: Laminate
  • Appliances: Oven-Electric, Range Hood
  • Bedrooms: 1
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Bedroom Features: WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub, Shower Stall, Linen Closet
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Formica Counters, Galley Kitchen
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Elevator
  • Fireplace: Yes
  • Price Per S Q F T: 660.65
  • Windows: Double Pane Windows

Exterior Features

  • Balcony: Yes
  • Direction Faces: East
  • Other Features: Balcony
  • Exposure: East
  • Pool Description: Association Pool
  • Pool: Yes
  • Spa: Association Spa
  • Spa Yn: Yes
  • View: Walk Street, Skyline, Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Controlled Entrance, Tandem
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Resident Manager, Smoke Detector

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Elevator, Exercise Room, Onsite Property Management, Spa, Pool, Rec Multipurpose Rm, Sauna
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 531.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5550-032-126
  • Lot Size Area: 86449

Multi Family

  • Number Of Units: 209

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Jun 18, 2024
Sold by
Kogan Gregory
Bought by
Pankratz Tyler
Seller's Agent
Denise Rosner
Compass
Buyer's Agent
Mark Grimes
Compass
List Price
$549,000
Sold Price
$540,000
Premium/Discount to List
-$9,000
-1.64%
Views
12
Current Estimated Value
$603,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,581
Avg. Annual Appreciation
8.23%
Original Mortgage
$459,000
Outstanding Balance
$454,021
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$135,050
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $540,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $459,000 New Conventional
Previous Owner $62,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 Rented $3,200 0.0% --
06/26/2025 06/26/25 For Rent $3,200 0.0% --
06/25/2024 06/25/24 Sold $540,000 -1.6% $650 / Sq Ft
05/27/2024 05/27/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $549,000 -- $661 / 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 $2,496 $550,800 $368,730 $182,070
2024 $2,496 $191,152 $75,732 $115,420
2023 $2,454 $187,405 $74,248 $113,157
2022 $2,372 $183,732 $72,793 $110,939
2021 $2,338 $180,130 $71,366 $108,764
2019 $2,204 $174,789 $69,250 $105,539
2018 $2,196 $171,363 $67,893 $103,470
2016 $2,063 $164,710 $65,257 $99,453
2015 $2,033 $162,237 $64,277 $97,960
2014 $2,048 $159,060 $63,018 $96,042
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-389911

The MLS

APN: 5550-032-126