1357 North Las Palmas Avenue

1357 North Las Palmas Avenue

Los Angeles, CA 90028

$1,650,000
Price
5,499 / 0.13
Lot Size / Acres
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Description

We are proud to exclusively present for sale a four unit residential construction project in the heart of Hollywood. Sitting on a vacant corner lot that is NOT subject to RSO (SB8 RUD available), the Ready-to-Issue Plans offer an Investor / Developer the opportunity to break ground immediately. The project consists of three luxury apartments and an ADU, and is designed with a great unit mix consisting of two 3 bedroom, 2.5 bathroom units, one 4 bedroom, 3.5 bathroom unit and the 1 bedroom, 1 bathroom...We are proud to exclusively present for sale a four unit residential construction project in the heart of Hollywood. Sitting on a vacant corner lot that is NOT subject to RSO (SB8 RUD available), the Ready-to-Issue Plans offer an Investor / Developer the opportunity to break ground immediately. The project consists of three luxury apartments and an ADU, and is designed with a great unit mix consisting of two 3 bedroom, 2.5 bathroom units, one 4 bedroom, 3.5 bathroom unit and the 1 bedroom, 1 bathroom ADU. The units consist of 5,757 SF + 500 SF for the ADU. Three of the units have balconies and additional usable space on the garage level. Located on the corner of De Longpre and Las Palmas, just south of Sunset Blvd. and west of Highland Ave., the property is in a high-demand area that is prime for rental units. Just half a mile to the Metro Subway Station at Hollywood and Highland, the property is called a Walker's Paradise with Good Transit, according to Walk Score. The project features six parking spaces in three private garages. Practically everything and anything a future resident would desire is within a short distance to the propertyshopping, fine, casual and fast dining, night lifeeven De Longpre Park.
  1. Listed by Dario Svidler • DRE #01884474 • Brokerage DRE #01425795 • Keller Williams Beverly Hills
  2. Listed by Morgan McMullin • DRE #01716570 • Brokerage DRE #01425795 • Keller Williams Beverly Hills

Property Details for 1357 North Las Palmas Avenue

Zoning
RD1.5-1XL Tier 3
Parcel Number
5547032026
Area
Hollywood (C20)
Lot Size Area
5499
Source Lot Size Area
Assessor
Present Use
Vacant Lot
Potential Usage
Ready-to-Issue Project for 5,757 SF of Units + 500 SF of ADU
Assessor Parcel Number
5547-032-026

Location

Listing Courtesy of Keller Williams Beverly Hills, Dario Svidler, DRE #01884474; Keller Williams Beverly Hills, Morgan McMullin, DRE #01716570
Add your commute
LISTING UPDATED: 03/26/2024 12:01 AM

Property Details for 1357 North Las Palmas Avenue

StatusActive
MLS #24-370033
Days on Market44
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.13 AC
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Beverly Hills, Dario Svidler, DRE #01884474; Keller Williams Beverly Hills, Morgan McMullin, DRE #01716570
Add your commute

Building Information for 1357 North Las Palmas Avenue

Lot Size0.13 AC

Payment Calculator

$10,284 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,005

Property Taxes

$1,279

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1357 North Las Palmas Avenue

Community / Development
Community / Development
  • Senior Community: No
Structure Info
Structure Info
  • View: Yes
  • View Description: Other
Contract Info
Contract Info
  • Disclosures: As Is, Other
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Special Zoning: Other
  • Lot Acreage: 0.13
  • Lot Size Square Feet: 5499
  • Lot Size Dimensions: 110x50
  • Source Lot Size Dimensions: Assessor
  • Lot Location: Corner Lot
  • Telephone: 1.0
  • Cable: 1.0
  • Possible New Zone: Build 3 Units + 1 ADU
Parking Details
Parking Details
  • Total Parking: 0
Exterior Features
Exterior Features
  • New Construction: No
Lease Terms
Lease Terms
  • Entry Date: 03-18-2024

Property History for 1357 North Las Palmas Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1357 North Las Palmas Avenue

Taxable ValueLand$998,784Additions$249,696Total$1,248,480
Tax Record2023$15,353 ($1,279 / month)
Home Facts
Beds4Total Finished SqFt1,930 SqFtAbove Grade Finished SqFt1,930 SqFtStories1Lot Size5,499 SqFtStyleSingle Family ResidenceYear Built1905ZoningLARD1.5CountyLOS ANGELESAPN5547-032-026

Schools near 1357 North Las Palmas Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Gardner Street Elementary School
Public - K to 5
Hubert Howe Bancroft Middle School
Public - 6 to 8
Hollywood Senior High School
Public - 9 to 12
Larchmont Charter School
Charter - K to 12
Rating
School
Distance
Gardner Street Elementary School
PublicK to 5

Hubert Howe Bancroft Middle School
Public6 to 8

Hollywood Senior High School
Public9 to 12

Larchmont Charter School
CharterK 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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More information about 1357 North Las Palmas Avenue, Los Angeles, CA 90028

1357 North Las Palmas Avenue is a 0.13 ac of land for sale in Los Angeles, CA 90028. This property was listed for sale on March 18, 2024 by Keller Williams Beverly Hills, it's currently listed at $1,650,000. It has been on the market for a total of 44 days and was last sold on May 26, 2021. This listing's school district is Los Angeles Unified School District. Nearby schools include Gardner Street Elementary School, Hubert Howe Bancroft Middle School and Hollywood Senior High School. 1357 North Las Palmas Avenue is a 0-bed, 0-bath, 0.13 ac of land on a 5,499 sq. ft. / 0.13 acres lot.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Beverly Hills, Dario Svidler, DRE #01884474; Keller Williams Beverly Hills, Morgan McMullin, DRE #01716570

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.