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1352 N Las Palmas Avenue, Los Angeles, CA 90028

Property

1352 N Las Palmas Avenue, Los Angeles, CA 90028 Sold June 2026 CRMLS
$2,425,000Sold June 2026

Listing Agent: Nick Astrupgaard (DRE #01893466) · Listing Office: KW Commercial Studio City · Contact: 818-432-1500 · Bought with: Daniel Mizrahi · Capstone Real Estate · MLS #26667217 · Source: CRMLS

13
Bedrooms
12
Bathrooms
7,353
Sq Ft
7,647 sqft
Lot Size
1957
Year Built
Property
Type
2
Stories

How this sale compares

1352 N Las Palmas Avenue sold for $2,425,000 in June 2026, 4.9% under its $2,550,000 list price, after 59 days on the market. It was first listed at $2,635,000. That works out to $330 per square foot on 7,353 square feet. Across 23 closed sales in 90028 over the last 12 months, the median sold price is $1,000,000 and the median is $647 per square foot, 96% above this sale's $330.

$330
This sale, per sq ft
$647
90028 median per sq ft (12 mo)
$1,000,000
90028 median sold price (12 mo)
23
Closed sales in 90028 (12 mo)
59
Days on market
−4.9%
Sold vs. list price
QuarterClosed sales in 90028Median sold price
Q1 20264$1,107,500
Q2 202611$1,050,000
Q3 20268$944,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90028

Description

1352 N Las Palmas Avenue, Los Angeles, CA 90028 is located near the corner of Highland Avenue and Sunset Blvd. in Hollywood. The offering is a 12-unit investment opportunity in a neighborhood known for strong, stable rents and low vacancies. The location is perfectly positioned in Hollywood (90028), where multifamily investments have historically delivered exceptional long-term capital appreciation and wealth preservation. Built in 1957, 1352 N Las Palmas Avenue boasts a total building square footage of 7,353 SF of improvements on a 7,648 SF parcel. The unit composition consists of eleven (11) One-Bed / One-Bath units and one (1) Two-Bed / Two-Bath apartment unit. Over the years, ownership has overseen the updating of +/- 7 units. Unit upgrades include new attractive flooring, new stylish fixtures, and updated bathrooms and kitchen. Parking is provided for 13 vehicles, with five spaces in the rear and eight in the front, in a tandem configuration. Additionally, ownership has completed the LA City-mandated soft-story retrofit. 1352 N Las Palmas Avenue offers an on-site laundry room for building tenants. The property is individually metered for gas and electricity, keeping owner expenses low. The asset is located close to world-class dining, shopping, entertainment, and nightlife. Conveniently located to West Hollywood, Beverly Hills, and Downtown LA, it further benefits from access to business services and major employment centers throughout the city and its surrounding neighborhoods. Additionally, there is a significant affordability gap for homeownership in the 90028 zip code, with the median price of a single-family residence exceeding $923,000 in 2026. 1352 North Las Palmas Avenue has a Walk Score of 96 out of 100. This location is a Walker's Paradise, so daily errands do not require a car. 1352 North Las Palmas Avenue is a 9-minute walk from the Metro B Line (Red) at the Hollywood/Highland Station. Given the property's prime location and significant value-add component, the offering offers the potential for outstanding long-term income growth and unparalleled capital preservation.

Listing description from the June 2026 sale, as reported to CRMLS.

Sale history

$2,425,000
Sold June 2026 · listed $2,550,000, orig. $2,635,000, on market March 2026, 59 days on market · MLS #26667217 · Source: CRMLS
Listing Agent: Nick Astrupgaard · Listing Office: KW Commercial Studio City · Contact: 818-432-1500 · Bought with: Daniel Mizrahi · Capstone Real Estate

Recent sales near 1352 N Las Palmas Avenue

Closed sales reported in 90028, nearest first, last 12 months. All recent sales in Los Angeles →

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