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1408 N LAS PALMAS Avenue, Los Angeles, CA 90028

Property · 2 recorded sales since 2018

1408 N LAS PALMAS Avenue, Los Angeles, CA 90028 Sold September 2018 CRMLS
$2,595,000Sold September 2018

Listing Agent: Grant Linscott (DRE #01715002) · Listing Office: Keller Williams Realty Los Fel · Contact: 323-300-1000 · Bought with: OUT OF AREA OUT OF AREA · OUT OF AREA · MLS #18308558 · Source: CRMLS

14,289 sqft
Lot Size
Property
Type
CityLights
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About this property

New price - act now! Two adjacent properties at 1408 + 1414 N Las Palmas Ave combine for a spectacular large flat 14,289 sq ft lot zoned LARD1.5 in one of the best areas of Hollywood. With incredible development potential for small lot homes, adding units or re-positioning the current properties, the existing charming duplex (1414) includes a spacious 2BD + 1BA (delivered vacant) and 1BD + Den ($1,544) with wood floors and high ceilings and 6 unit building (1408) includes all 1BD units bringing in $4,154 per mo with one unit delivered vacant. Potential for 8-9 small lot homes (buyer to verify). Collect rents until permits are ready. Properties must close concurrently. Billions of dollars are being spent up the street on Sunset and Hollywood Blvd including the new Netflix, Viacom and Columbia Square buildings. Steps to the Walk of Fame, Red Line, The Arclight and 1.4 MILLION sq ft of proposed space for the Crossroads of the World Project.

Listing description from the September 2018 sale, as reported to CRMLS.

Sale history

$2,595,000
Sold September 2018 · orig. $2,995,000, on market February 2018 · MLS #18308558 · Source: CRMLS
Listing Agent: Grant Linscott · Listing Office: Keller Williams Realty Los Fel · Contact: 323-300-1000 · Bought with: OUT OF AREA OUT OF AREA · OUT OF AREA
$1,345,000
Sold September 2018 · listed $1,350,000, orig. $1,625,000, on market February 2018 · MLS #18306394 · Source: CRMLS
Listing Agent: Grant Linscott · Listing Office: Keller Williams Realty Los Fel · Contact: 323-300-1000 · Bought with: Out of Area Out of Area · Out of Area
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