NOT LISTED FOR SALE

742 N Las Palmas Ave Los Angeles, CA 90038

Hollywood Neighborhood

Estimated Value: $2,550,000 - $2,886,000

3 Beds
3 Baths
2,232 Sq Ft
$1,200/Sq Ft Est. Value

Last Sold January 03, 2023

Last sale price $2,315,000 $1,037 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $16,326/month

41 Days on Market

Highlights

  • Detached Guest House
  • Auto Driveway Gate
  • Wood Flooring
  • In Ground Pool
  • Living Room with Fireplace
  • Spanish Architecture

About This Home

As of January 2023

Spanish Revival pool home with guest house in Hollywood's vibrant Media District. This well-polished gem has been updated for today's living while retaining its period charm. Sweeping French doors in both home and guest house open to the heart of the setting: a secluded entertainer's back yard with pool and spa, outdoor shower, built-in barbecue and romantic firepit. In the main house, large windows in the open-plan living room, dining area and kitchen wash light over rich stone tile floors. A broad skylight further illuminates the kitchen's imported stone countertops, beamed ceiling and stainless steel appliances. The primary suite features a spacious walk-in closet and a gorgeous remodeled bath highlighted by beautiful tilework. French doors both here and in the back bedroom open to the exquisite outdoor hideaway. A laundry room with separate entry and a gated driveway complete the amenities. The guest house has a dramatic vaulted and beamed wood ceiling, skylights, kitchenette and full bath. Prime location, adjacent to Hancock Park near many shops and restaurants including Mozza, Petit Trois, Tartine, Sightglass Coffee and Gigi's.

Last Agent to Sell the Property

Angela Acuff

Coldwell Banker Realty License #01936627 Listed on: 11/01/2022

Coldwell Banker Realty

Last Buyer's Agent

Kelly Hachtel

Blue Home Team License #01952552

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,667

Year Built

  • Built in 1923

Lot Details

  • 6,352 Sq Ft Lot
  • Lot Dimensions are 50x127
  • Property is zoned LAR1

Home Design

  • Spanish Architecture

Interior Spaces

  • 2,232 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Property Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Driveway
  • Auto Driveway Gate

Pool

  • In Ground Pool
  • In Ground Spa
  • Saltwater Pool

Outdoor Features

  • Fire Pit
  • Outdoor Grill

Additional Features

  • Detached Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5524-009-024

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,667

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 2232
  • Lot Acreage: 0.1458
  • Lot Dimensions: 50x127
  • Stories: 1
  • Year Built: 1923
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Fire Pit
  • Flooring: Mixed, Tile, Wood
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside, Laundry Area, Room
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Barbeque, Garbage Disposal, Dryer, Dishwasher, Washer, Refrigerator, Microwave, Range/Oven, Hood Fan
  • Price Per S Q F T: 1074.82

Exterior Features

  • Other Structures: GuestHouse
  • Guest House: Detached
  • Pool Description: In Ground, Salt/Saline
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Gated, Driveway Gate
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5524-009-024
  • Lot Size Area: 6352

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2022
Closed on
Dec 14, 2022
Sold by
Marley Commercial Llc
Bought by
Poumailloux Julien Arnaud
Seller's Agent
Angela Acuff
Coldwell Banker Realty
Buyer's Agent
Kelly Hachtel
Blue Home Team
List Price
$2,499,000
Sold Price
$2,315,000
Premium/Discount to List
-$184,000
-7.36%
Views
21
Current Estimated Value
$2,545,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,462
Avg. Annual Appreciation
5.72%
Original Mortgage
$1,638,000
Outstanding Balance
$1,589,151
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$1,089,003

Purchase Details

Listed on
Mar 8, 2018
Closed on
May 7, 2018
Sold by
Sivan Lauren Palge
Bought by
Marley Commercial Llc
Seller's Agent
Alejandro Lombardo
Compass
Buyer's Agent
Don Rossignol
List Price
$1,999,000
Sold Price
$1,900,000
Premium/Discount to List
-$99,000
-4.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.35%
Original Mortgage
$1,425,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2015
Sold by
Ocean Ridge Equities Llc
Bought by
Sivan Lauren Paige and Seligman Todd Oren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 13, 2014
Sold by
Scharer Rockwell L
Bought by
Ocean Ridge Equities Llc

Purchase Details

Closed on
Nov 12, 2010
Sold by
Scharer Rockwell L
Bought by
Scharer Rockwell L and Rockwell L Scharer Iii Revocable Trust

Purchase Details

Closed on
Jun 15, 2007
Sold by
Scharer Rockwell L
Bought by
Scharer Rockwell L and Rockwell L Scharer Iii Revocable Trust

Purchase Details

Closed on
Mar 19, 2003
Sold by
Neill James Brockway
Bought by
Scharer Rockwell L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
5.6%

Purchase Details

Closed on
Oct 25, 1997
Sold by
Balog Caroline
Bought by
Neill James Brockway

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,800
Interest Rate
7.12%

Purchase Details

Closed on
Aug 5, 1996
Sold by
Boghossian Thomas
Bought by
Balog Caroline

Purchase Details

Closed on
Apr 19, 1996
Sold by
Balog Katherine
Bought by
Balog Caroline
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
Poumailloux Julien Arnaud $2,315,000 Lawyers Title
Marley Commercial Llc $1,900,000 Stewart Title Company
Sivan Lauren Paige $1,309,000 Title365
Ocean Ridge Equities Llc $1,009,000 Accommodation
Scharer Rockwell L -- Accommodation
Scharer Rockwell L -- None Available
Scharer Rockwell L -- None Available
Scharer Rockwell L -- Fidelity National Title
Neill James Brockway $273,500 Guardian Title Company
Balog Caroline -- Fidelity Title
Balog Caroline -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poumailloux Julien Arnaud $1,638,000
Previous Owner Rebas Kitchens Llc $15,575,000
Previous Owner Marley Commercial Llc $1,425,000
Previous Owner Sivan Lauren Paige $600,000
Previous Owner Ocean Ridge Equities Llc $0
Previous Owner Scharer Rockwell L $250,000
Previous Owner Scharer Rockwell L $720,000
Previous Owner Scharer Rockwell L $200,000
Previous Owner Scharer Rockwell L $54,250
Previous Owner Scharer Rockwell L $467,000
Previous Owner Scharer Rockwell L $408,000
Previous Owner Neill James Brockway $275,000
Previous Owner Neill James Brockway $216,800
Previous Owner Neill James Brockway $218,800
Closed Scharer Rockwell L $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2023 01/03/23 Sold $2,315,000 -3.5% $1,037 / Sq Ft
12/13/2022 12/13/22 Pending -- -- --
12/01/2022 12/01/22 Price Changed $2,399,000 -4.0% $1,075 / Sq Ft
11/01/2022 11/01/22 For Sale $2,499,000 0.0% $1,120 / Sq Ft
12/03/2019 12/03/19 Rented $10,000 +0.1% --
11/14/2019 11/14/19 Price Changed $9,995 -9.1% $4 / Sq Ft
10/15/2019 10/15/19 For Rent $10,995 0.0% --
05/17/2018 05/17/18 Sold $1,900,000 -5.0% $851 / Sq Ft
03/08/2018 03/08/18 For Sale $1,999,000 -- $896 / 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 $28,667 $2,408,525 $1,926,820 $481,705
2024 $28,667 $2,361,300 $1,889,040 $472,260
2023 $25,265 $2,077,923 $1,662,340 $415,583
2022 $24,085 $2,037,181 $1,629,746 $407,435
2021 $23,798 $1,997,238 $1,597,791 $399,447
2019 $23,081 $1,938,000 $1,550,400 $387,600
2018 $16,712 $1,382,649 $1,106,120 $276,529
2016 $16,006 $1,328,961 $1,063,169 $265,792
2015 $12,501 $1,029,159 $621,167 $407,992
2014 -- $796,177 $491,493 $304,684
Source: Public Records

Agents Affiliated with this Home

  • Angela Acuff

    Seller's Agent in 2023

    Angela Acuff

    Coldwell Banker Realty

    (818) 720-8875

    2 in this area

    32 Total Sales

    Section Image
  • Kelly Hachtel

    Buyer's Agent in 2023

    Kelly Hachtel

    Blue Home Team

    (323) 896-7654

    1 in this area

    22 Total Sales

    Section Image
  • Maggie Gulyas

    Buyer's Agent in 2019

    Maggie Gulyas

    Destination Home, Inc.

    (310) 691-3255

    22 Total Sales

    Section Image
  • Alejandro Lombardo

    Seller's Agent in 2018

    Alejandro Lombardo

    Compass

    (323) 561-1497

    5 in this area

    55 Total Sales

    Section Image

  • M

    Seller Co-Listing Agent in 2018

    Mina Azami

    Compass

    (323) 791-7315

    2 in this area

    38 Total Sales

    Section Image

  • D

    Buyer's Agent in 2018

    Don Rossignol

See All Agents

Map

Source: The MLS

MLS Number: 22-211425

The MLS

APN: 5524-009-024

California Los Angeles County Los Angeles 90038 Hollywood

742 N Las Palmas Ave, Los Angeles, CA

This home is located at 742 N Las Palmas Ave, Los Angeles, CA 90038 since 01 November 2022 and is currently estimated at $2,678,154, approximately $1,199 per square foot. This property was built in 1923. 742 N Las Palmas Ave is a home located in Los Angeles County with nearby schools including Vine Street Elementary School, Hubert Howe Bancroft Middle School, and Fairfax High School.

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