NOT LISTED FOR SALE

759 N Las Palmas Ave Los Angeles, CA 90038

Hollywood Neighborhood

Estimated Value: $1,532,000 - $2,660,439

4 Beds
2 Baths
2,635 Sq Ft
$796/Sq Ft Est. Value

Last Sold March 24, 2022

Last sale price $2,106,000 $799 Per Sq Ft

Current estimated payment $13,630/month

19 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • Ground Level Unit
  • Traditional Architecture
  • Corner Lot
  • Lawn

About This Home

As of March 2022

Introducing this rare opportunity to own two homes on a single lot in this coveted N. Hancock Park/Melrose adjacent location. Situated on a beautiful tree-lined street, this ideally located Duplex resides on a corner-lot providing both private and secure yards for each residence. Both homes are two bedrooms, one bathroom, and have a large one car garage; both will be delivered vacant!! The Las Palmas home features a private grass front yard, a step-up covered porch, a remodeled open kitchen, hardwood floors, a center hall floor plan, a large storage closet with built-ins for wine and audio storage. The home is also outfitted with an AV system, with surround sound installed in every room. Note the two patios, one has a great sitting area in the rear. Exit the front home thru a side gate and you see the garage parking and entry to the second home on Waring. Note the additional room for parking in front of the garages. This 2-bed home also has a step-up porch, hardwood floors, a center hall floorplan, a center storage closet and two side yards. Waring has great potential to remodel and make into an open floor plan. Note the Batchelder Fireplace. The lot, zoning and garage spaces may provide possibilities to build-out further or add a studio. Great long term location and investment. Delivered vacant!!

Last Agent to Sell the Property

Diane Halliburton

Compass License #01839884 Listed on: 01/31/2022

Compass

Co-Listed By

Randy Forbes Jr.

Compass License #01066294

Last Buyer's Agent

Tyler Giles

Nourmand & Associates-BH License #01322772

Nourmand & Associates-BH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,669

Year Built

  • Built in 1923

Lot Details

  • 7,216 Sq Ft Lot
  • Lot Dimensions are 50x145
  • North Facing Home
  • Fenced Yard
  • Landscaped
  • Corner Lot
  • Sprinkler System
  • Lawn
  • Front Yard
  • Property is zoned LAR1

Home Design

  • Traditional Architecture
  • Additions or Alterations
  • Flat Roof Shape
  • Clay Roof
  • Stucco

Interior Spaces

  • 2,635 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Utility Room
  • Wood Flooring
  • Property Views

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Ceramic Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Car Garage
  • Side by Side Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Gas Water Heater
  • Sewer in Street

Additional Features

  • Covered Patio or Porch
  • Ground Level Unit

Community Details

  • Association fees include alarm system
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5524-010-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,669

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: Ground Level, One
  • Street Number Display: Yes
  • Alley: No
  • Entry Floor: 1
  • Entry Location: Ground Level w/steps
  • Living Area: 2635
  • Lot Acreage: 0.1657
  • Lot Dimensions: 50x145
  • Probate: No
  • Property Condition: Additions/Alter
  • Stories: 1
  • Year Built: 1923
  • Number Of Photos: 49
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-Ins
  • Number Carpet: 0
  • Number Dishwasher: 1
  • Number Refrigerator: 2
  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 4
  • Bedroom Features: All Bedrooms Down, Ground Floor Master, Main Floor Bedroom
  • Common Walls: Detached/No Common Walls
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Ceramic Counters
  • Laundry: Room
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Alarm System, Ceiling Fan, Gas Dryer Hookup, Hood Fan, Range/Oven, Refrigerator, Dishwasher
  • Price Per S Q F T: 734.35
  • Windows: French Windows

Exterior Features

  • Direction Faces: North
  • Construction: Stucco
  • Other Features: Sprinkler System, Two On A Lot
  • Other Structures: Other
  • Tennis Court Y/N: No
  • Number Patio: 2
  • Patio: Covered Porch, Porch - Front, Porch - Rear
  • Paved: Yes
  • Pool: No
  • Roof: Clay, Flat
  • Spa Yn: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Other Spaces: 2
  • Covered Parking: 2
  • Garage Structures: 1
  • Parking Garage: Side By Side, Covered Parking, Private Garage
  • Total Parking: 4

Utilities

  • Water Heater: Gas
  • Cooling: Wall Unit(s)
  • Heating: Forced Air
  • Security: Carbon Monoxide Detector(s), Smoke Detector, Prewired for alarm system
  • Sewer: In Street
  • Water: In Street
  • Water Heaters: Yes

Condo/Co-op/Association

  • Association Fees Include: Alarm System

Lot Info

  • Sprinklers: Sprinkler System
  • Additions Alterations: Yes
  • Assessed Improvement Percent: 30.14
  • Assessed Improvement Value: 356736
  • Assessed Land Percent: 69.86
  • Assessed Land Value: 826728
  • Total Assessed Value: 1183464
  • Assessor Parcel Number: 5524-010-001
  • Lot Description: Fenced Yard, Front Yard, Landscaped, Lawn
  • Lot Location: Corner Lot
  • Lot Size Area: 7216

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: cottage
  • Vacancy Rate: yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2022
Sold by
Reza Dastmalchian
Bought by
Clisham Brian G
Current Estimated Value
$2,097,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,684,800
Interest Rate
3.22%
Mortgage Type
Balloon

Purchase Details

Listed on
Oct 12, 2013
Closed on
Nov 26, 2013
Sold by
Lanning Meridith
Bought by
Dastmalchian Reza and Nekouzad Simin
Seller's Agent
Jimmy Martinez
Compass
Buyer's Agent
Barry Fields
Sotheby's International Realty
List Price
$1,199,000
Sold Price
$1,045,000
Premium/Discount to List
-$154,000
-12.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%

Purchase Details

Closed on
Aug 24, 2004
Sold by
Melbye Alena Bethune and Melbye Esben
Bought by
Lanning Meridith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
4.08%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 28, 2003
Sold by
Melbye Alena Bethune
Bought by
Bethune Melbye Esben and Bethune Melbye Alena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.18%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 25, 2001
Sold by
Melbye Alena Bethune and Bethune Alena M
Bought by
Melbye Alena Bethune

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,000
Interest Rate
6.25%

Purchase Details

Closed on
Dec 6, 1996
Sold by
The Bank Of New York
Bought by
Imperial Credit Industries Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.87%

Purchase Details

Closed on
Nov 25, 1996
Sold by
Melbye Esben
Bought by
Bethune Alena M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.87%

Purchase Details

Closed on
Nov 12, 1996
Sold by
Imperial Credit Industries
Bought by
Bethune Alena M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.87%

Purchase Details

Closed on
Jun 27, 1996
Sold by
Glaser Andrew A and The Bank Of New York
Bought by
The Bank Of New York and Cwmbs Inc

Purchase Details

Closed on
Sep 21, 1994
Sold by
Glaser Andrew A
Bought by
Las Palmas I Joint Venture

Purchase Details

Closed on
Jul 11, 1994
Sold by
Sanesi Floyd E
Bought by
Glaser Andrew A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7.75%
Source: Public Records

Range of Values:

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Average Value
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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
Clisham Brian G $2,106,000 Fidelity National Title
Dastmalchian Reza $1,045,000 Lawyers Title
Lanning Meridith $1,200,000 California Title
Bethune Melbye Esben -- American Coast Title
Melbye Alena Bethune -- Gateway Title Company
Imperial Credit Industries Inc -- American Title Insurance Co
Bethune Alena M -- American Title Insurance Co
Bethune Alena M $200,000 American Title Insurance Co
The Bank Of New York $188,007 Landsafe Title
Las Palmas I Joint Venture -- --
Glaser Andrew A $206,500 Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clisham Brian G $1,684,800
Previous Owner Lanning Meridith $960,000
Previous Owner Melbye Esben $100,000
Previous Owner Bethune Melbye Esben $482,000
Previous Owner Melbye Alena Bethune $30,000
Previous Owner Melbye Alena Bethune $377,000
Previous Owner Bethune Alena M $330,000
Previous Owner Bethune Alena M $100,000
Previous Owner Bethune Alena M $24,000
Previous Owner Bethune Alena M $222,000
Previous Owner Bethune Alena M $190,000
Previous Owner Glaser Andrew A $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2022 03/24/22 Sold $2,106,000 +8.8% $799 / Sq Ft
02/14/2022 02/14/22 Pending -- -- --
01/26/2022 01/26/22 For Sale $1,935,000 +85.2% $734 / Sq Ft
12/06/2013 12/06/13 Sold $1,045,000 -12.8% $397 / Sq Ft
11/25/2013 11/25/13 Pending -- -- --
10/12/2013 10/12/13 For Sale $1,199,000 -- $455 / 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 $26,669 $2,234,903 $1,485,691 $749,212
2024 $26,669 $2,191,082 $1,456,560 $734,522
2023 $26,235 $2,148,120 $1,428,000 $720,120
2022 $14,538 $1,207,132 $843,262 $363,870
2021 $14,354 $1,183,464 $826,728 $356,736
2020 $14,500 $1,171,590 $818,251 $353,339
2019 $13,928 $1,148,623 $802,207 $346,416
2018 $13,834 $1,126,107 $786,478 $339,629
2016 $13,226 $1,082,131 $755,939 $326,192
2015 $13,034 $1,065,878 $744,585 $321,293
2014 $13,083 $1,045,000 $730,000 $315,000
Source: Public Records

Agents Affiliated with this Home

  • Diane Halliburton

    Seller's Agent in 2022

    Diane Halliburton

    Compass

    (310) 339-6486

    1 in this area

    47 Total Sales

    Diane Halliburton
    Section Image
  • Randy Forbes Jr.

    Seller Co-Listing Agent in 2022

    Randy Forbes Jr.

    Compass

    (310) 345-7082

    1 in this area

    49 Total Sales

    Randy Forbes Jr.
    Section Image
  • Tyler Giles

    Buyer's Agent in 2022

    Tyler Giles

    Nourmand & Associates-BH

    (310) 428-0563

    2 in this area

    28 Total Sales

    Tyler Giles
    Section Image
  • Jimmy Martinez

    Seller's Agent in 2013

    Jimmy Martinez

    Compass

    (323) 377-0548

    1 in this area

    58 Total Sales

    Jimmy Martinez
    Section Image

  • B

    Seller Co-Listing Agent in 2013

    Barry Fields

    Sotheby's International Realty

    Section Image
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Map

Source: The MLS

MLS Number: 22-121865

The MLS

APN: 5524-010-001

California Los Angeles County Los Angeles 90038 Hollywood

759 N Las Palmas Ave, Los Angeles, CA

This home is located at 759 N Las Palmas Ave, Los Angeles, CA 90038 since 31 January 2022 and is currently estimated at $2,097,860, approximately $796 per square foot. This property was built in 1923. 759 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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