Seller's Agent in 2018
Priscilla Nee
CB Richard Ellis, Inc.
(310) 550-2500
30 Total Sales
Los Feliz Palms is a four-story, 54 unit property that was constructed in 1972 on a 27,927 square foot R3 lot, with a total building size of 53,487 square feet. The turnkey property is separately metered for electric, serviced by a boiler and central water heater, an elevator, three stairwells, and cameras in select areas. The well-amenitized property offers secured entry, a gated pool (heated) and jacuzzi, a recreation room, a fitness center, a barbecue area, trash chutes on each floor, an on-site laundry facility, and a 60 space on-grade enclosed parking garage with dual driveways. Recent capital improvements include a partial copper repipe, new carpet flooring in all common area hallways, recently replaced boiler and central water heater, and repairs to the elevator hydraulic system. The property is subject to the City of Los Angeles Rent Control Ordinance, but is not subject to the current Soft-Story Seismic Retrofit Ordinance.
Last Agent to Sell the Property
CB Richard Ellis, Inc. License #01435254 Listed on: 10/09/2018
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/11/2018 12/11/18 | Sold | $17,575,000 | +6.8% | $329 / Sq Ft |
| 10/25/2018 10/25/18 | Pending | -- | -- | -- |
| 10/09/2018 10/09/18 | For Sale | $16,450,000 | -- | $308 / Sq Ft |
| 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 | $239,607 | $19,785,046 | $13,547,683 | $6,237,363 |
| 2024 | $239,607 | $19,397,105 | $13,282,043 | $6,115,062 |
| 2023 | $234,988 | $19,016,770 | $13,021,611 | $5,995,159 |
| 2022 | $223,523 | $18,643,893 | $12,766,286 | $5,877,607 |
| 2021 | $220,628 | $18,278,327 | $12,515,967 | $5,762,360 |
| 2020 | $220,909 | $17,926,500 | $12,240,000 | $5,686,500 |
| 2019 | $212,151 | $17,575,000 | $12,000,000 | $5,575,000 |
| 2018 | $133,020 | $10,674,504 | $3,807,864 | $6,866,640 |
| 2016 | $125,122 | $10,126,477 | $3,532,492 | $6,593,985 |
| 2015 | $123,326 | $9,974,369 | $3,479,431 | $6,494,938 |
| 2014 | $123,997 | $9,778,986 | $3,411,274 | $6,367,712 |
Seller's Agent in 2018
Priscilla Nee
CB Richard Ellis, Inc.
(310) 550-2500
30 Total Sales
Source: The MLS
MLS Number: 18-395180
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