1250 Palms Blvd

2
Baths
2,423 Sq. Ft.
$949 / Sq. Ft.
2,423
Sq. Ft.
$949
per Sq. Ft.

Description

Great location. Development Opportunity! Two houses on 10,890 Sq ft lot, both 3 bdrms 1.5 bas. Tenant occupied. Rented for $4000/mo and $2781/mo. Month to month, rent control. $81,372 gross income. Sign in front. Please do not disturb occupants. Inside with an accepted offer only!Great location. Development Opportunity! Two houses on 10,890 Sq ft lot, both 3 bdrms 1.5 bas. Tenant occupied. Rented for $4000/mo and $2781/mo. Month to month, rent control. $81,372 gross income. Sign in front. Please do not disturb occupants. Inside with an accepted offer only!
  1. Listed by Cathy Wood • DRE #01432497 • Brokerage DRE #00858724 • Rodeo Realty - Pacific Palisades

Property Details for 1250 Palms Boulevard

Zoning
LAR1
Parcel Number
4242013016
Total Units
2.0
Living Area
2423
Source Living Area
Vendor Enhanced
Area
Venice (C11)
Vacancy Rate
0
Lot Size Area
10886
LISTING UPDATED: 10/03/2023 02:23 PM

Property Details for 1250 Palms Boulevard

StatusSold
MLS #23-296083
Days on Market30
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1950
Lot Size0.25 AC / 10,886 SF
CountyLos Angeles County

Location

Listing Courtesy of Rodeo Realty - Pacific Palisades, Cathy Wood, DRE #01432497

Sold By Compass, Lisa Akins Combs, DRE #01988791

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Building Information for 1250 Palms Boulevard

Stories-Residences-Year Built1950Building Size-Lot Size0.25 AC / 10,886 SF

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OriginPoint Mortgage or Rocket Mortgage1

$13,576 per month

30 year fixed, 6.15% Interest

Principal and Interest

$11,210

Property Taxes

$2,366

HOA Dues

$0

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Property Information for 1250 Palms Boulevard

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
  • Management Company Name: Holley Property Management, Inc
  • Management Company Phone: 3103063668|
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: 2 houses
  • Property Condition: Value Mainly In Land
  • Sewer: In Street
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash To New Loan, Cash
  • Disclosures: As Is, Trust/Conservatorship
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $81,372
  • Gross Scheduled Income: $81,372
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 14215
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Alley: Yes
  • Paved: Yes
  • Lot Acreage: 0.2499
  • Lot Size Square Feet: 10886
  • Lot Size Dimensions: 63x174
  • Source Lot Size Dimensions: Vendor Enhanced
  • Lot Description: Alley Paved, Curbs, Fenced, Street Paved, Street Lighting, Street Asphalt, Sidewalks
  • Lot Location: Alley Access, Flats
Parking Details
Parking Details
  • Parking Garage: Garage - 2 Car
  • Total Parking: 4
  • Garage Spaces Total: 4
  • Parking Features: Garage - Two Door
  • Garage Structures Total: 2.0
Interior Features
Interior Features
  • Levels: One
  • Cooling: None
Exterior Features
Exterior Features
  • Spa: No
  • Spa: None
  • New Construction: No
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Other Structural Features: Two On A Lot
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 08-01-2023
  • Rent Control: Yes
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $4,000.00
  • Unit Actual Rent: $4,000.00
  • Unit Projected Rent: $4,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,781.00
  • Unit Actual Rent: $2,781.00
  • Unit Projected Rent: $2,781.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $80,883.00
  • Assessed Improvement Percent: 54.11
  • Assessed Land Value: $68,583.00
  • Assessed Land Percent: 45.89
  • Assessed Total Value: $149,466.00

Property History for 1250 Palms Boulevard

DateEvent & SourcePriceAppreciation
Oct 3, 2023

Sold

SDMLS #23-296083

$2,300,000—
Oct 3, 2023

Sold

CRMLS #23296083

$2,300,000—
Oct 3, 2023

Sold

CLAW #23-296083

$2,300,000—
Sep 22, 2023

Pending

CRMLS #23296083

—
Sep 19, 2023

Price Change

CRMLS #23296083

$2,500,000—
Sep 19, 2023

Price Change

CLAW #23-296083

$2,500,000—
Sep 1, 2023

Sold (Public Record)

Public Record #1519366684

$2,300,000—
Aug 31, 2023

Pending

CLAW #23-296083

—
Aug 31, 2023

Accepting Backup Offers

CLAW #23-296083

—
Aug 31, 2023

Pending

SDMLS #23-296083

—
Aug 31, 2023

Accepting Backup Offers

CRMLS #23296083

—
Aug 1, 2023

Listed (Active)

SDMLS #23-296083

$2,999,000—
Aug 1, 2023

Listed (Active)

CRMLS #23296083

$2,999,000—
Aug 1, 2023

Listed (Active)

CLAW #23-296083

$2,999,000—
DateEvent & SourcePrice
10/03/2023

Sold

SDMLS #23-296083

$2,300,000
10/03/2023

Sold

CRMLS #23296083

$2,300,000
10/03/2023

Sold

CLAW #23-296083

$2,300,000
09/22/2023

Pending

CRMLS #23296083

—
09/19/2023

Price Change

CRMLS #23296083

$2,500,000
09/19/2023

Price Change

CLAW #23-296083

$2,500,000
09/01/2023

Sold (Public Record)

Public Record #1519366684

$2,300,000
08/31/2023

Pending

CLAW #23-296083

—
08/31/2023

Accepting Backup Offers

CLAW #23-296083

—
08/31/2023

Pending

SDMLS #23-296083

—
08/31/2023

Accepting Backup Offers

CRMLS #23296083

—
08/01/2023

Listed (Active)

SDMLS #23-296083

$2,999,000
08/01/2023

Listed (Active)

CRMLS #23296083

$2,999,000
08/01/2023

Listed (Active)

CLAW #23-296083

$2,999,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1250 Palms Boulevard

Taxable ValueLand$2,040,000Additions$306,000Total$2,346,000
Tax Record2025$28,387 ($2,366 / month)
Home Facts
Total Finished SqFt2,423 SqFtAbove Grade Finished SqFt2,423 SqFtLot Size10,886 SqFtStyleDuplexYear Built1950ZoningLAR1CountyLOS ANGELESAPN4242-013-016

Schools near 1250 Palms Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Walgrove Avenue Elementary School
PublicK to 5

Venice Senior High School
Public9 to 12

Animo Venice Charter High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Rodeo Realty - Pacific Palisades, Cathy Wood, DRE #01432497

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.