NOT LISTED FOR SALE

503 N Las Palmas Ave Los Angeles, CA 90004

Hancock Park Neighborhood

Estimated Value: $3,081,000 - $3,565,000

3 Beds
2.5 Baths
2,753 Sq Ft
$1,196/Sq Ft Est. Value

Highlights

  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Den
  • Third Street Elementary School Rated A
  • Spanish Architecture
  • Built-In Features

About This Home

As of March 2019

Handsome Spanish in Hancock Park sited on a corner lot with wonderful natural light. Upstairs are 3 bedrooms and 2 modern, colorful, vintage bathrooms in keeping with the period. Beautifully updated gourmet kitchen features heated tile floors, Sub-Zero and Wolf appliances, two sinks and large center island. Kitchen, dining area and den offer access to backyard which make for great indoor/outdoor entertaining. Updated 1/2 bath down. Gorgeous courtyard with fireplace, plus grassy yard and vegetable garden. Many upgrades including electrical, plumbing, drainage & copper gutters. Attached 2 car garage. 3rd Elementary Street School. Move right in!

Last Agent to Rent the Property

Anne Loveland

Coldwell Banker Realty License #01467820 Listed on: 01/18/2019

Coldwell Banker Realty

Co-Listed By

Sue Carr

Coldwell Banker Realty License #00888374

Last Renter's Agent

Enzo Ricciardelli

Sotheby's International Realty License #01097604

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,830

Year Built

  • Built in 1925

Lot Details

  • 8,711 Sq Ft Lot
  • Property is zoned LAR1

Home Design

  • Spanish Architecture

Interior Spaces

  • 2,753 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Dining Area
  • Den

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Uncovered Parking

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $18,000
  • Tenant pays for electricity, gas, water
  • 12 Month Lease Term
  • Assessor Parcel Number 5524-024-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,830

Year Built

Built in 1925

Lot Details

0

Rental Info

  • Security Deposit: 18000
  • Tenant Pays: Electricity, Gas, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Spanish
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 2753
  • Stories: 2
  • Year Built: 1925
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Hardwood, Tile
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Total Bathrooms: 3.00
  • Equipment: Built-Ins, Dishwasher, Dryer, Freezer, Hood Fan, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 3.12

Exterior Features

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

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage, Uncovered
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Yes

Lot Info

  • Assessor Parcel Number: 5524-024-010
  • Geocode Override: No
  • Lot Size Area: 8711

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2025
Sold by
Lansville John Curt and Kolb Bobby Edward
Bought by
Kolb Lansville Living Trust and Kolb
Current Estimated Value
$3,291,584

Purchase Details

Closed on
Jan 28, 2022
Sold by
Lansvllle John C and Kolb Bobby E
Bought by
Lansvllle John C and Kolb Bobby E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,072,600
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2011
Sold by
Kahn David O
Bought by
Lansville John C and Kolb Bobby E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 1997
Sold by
Ellis George H
Bought by
Kahn David O and Binder Lisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
7.5%
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
Kolb Lansville Living Trust -- None Listed On Document
Lansvllle John C -- Ticor Title
Lansville John C $1,750,000 Equity Title Los Angeles
Kahn David O $530,000 Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lansvllle John C $1,072,600
Previous Owner Lansville John C $1,400,000
Previous Owner Kahn David O $424,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2019 03/14/19 Rented $8,500 -1.2% --
03/12/2019 03/12/19 Under Contract -- -- --
02/28/2019 02/28/19 Price Changed $8,600 -4.4% $3 / Sq Ft
01/18/2019 01/18/19 For Rent $9,000 +15.4% --
10/26/2016 10/26/16 Rented $7,800 -11.4% --
10/24/2016 10/24/16 Under Contract -- -- --
09/30/2016 09/30/16 For Rent $8,800 -- --
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 $26,830 $2,242,046 $1,590,320 $651,726
2024 $26,830 $2,198,086 $1,559,138 $638,948
2023 $26,310 $2,154,987 $1,528,567 $626,420
2022 $25,088 $2,112,734 $1,498,596 $614,138
2021 $24,781 $2,071,309 $1,469,212 $602,097
2019 $24,038 $2,009,876 $1,425,636 $584,240
2018 $23,941 $1,970,468 $1,397,683 $572,785
2016 $22,905 $1,893,954 $1,343,410 $550,544
2015 $22,569 $1,865,506 $1,323,231 $542,275
2014 $22,634 $1,828,964 $1,297,311 $531,653
Source: Public Records

Agents Affiliated with this Home

  • Anne Loveland

    Landlord's Agent in 2019

    Anne Loveland

    Coldwell Banker Realty

    (323) 864-3004

    25 in this area

    57 Total Sales

    Anne Loveland
    Section Image

  • S

    Landlord's Co-Listing Agent in 2019

    Sue Carr

    Coldwell Banker Realty

    (323) 864-7406

    18 in this area

    45 Total Sales

    Sue Carr
    Section Image
  • Enzo Ricciardelli

    Tenant's Agent in 2019

    Enzo Ricciardelli

    Sotheby's International Realty

    (310) 255-5400

    26 Total Sales

    Enzo Ricciardelli
    Section Image
  • Steven Tator

    Buyer's Agent in 2016

    Steven Tator

    Coldwell Banker Realty

    (323) 464-9272

    1 in this area

    9 Total Sales

    Steven Tator
    Section Image
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Map

Source: The MLS

MLS Number: 19-425208

The MLS

APN: 5524-024-010

California Los Angeles County Los Angeles 90004 Hancock Park

503 N Las Palmas Ave, Los Angeles, CA

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