1435-1437 1/2 N Las Palmas Ave - Apartments FOR SALE


Los Angeles, CA 90028- Hollywood
$1,695,000 USD
310-739-3148
1435-1437 1/2 N Las Palmas Ave, Los Angeles, CA for Sale
$1,695,000 USD
Apartments - FOR SALE
1/18
null | 4.17% Cap Rate

1435-1437 1/2 N Las Palmas Ave
Los Angeles, CA 90028
Hollywood


HIGHLIGHTS

  • Beautifully Remodeled 4-Plex in Central Hollywood
  • Renovations Include: Wood Floors, In-Unit Laundry, Newer Roof & Plumbing, Updated Kitchens and Bathrooms
  • Excellent Unit Mix - 4 (2BR + 2BA) Units
  • Unparalleled Access to The City's Most Iconic Attractions, Lifestyle Amenities & Top Employers
  • 8 Tandem Parking Spaces | Potential for ADU Additions (Buyer to Verify)
  • Approximately 3 Blocks from Hollywood & Highland! | Centrally Located with a Walk Score of 96--Deemed a Walker's Paradise!

OVERVIEW

Vartanian CRE of Lyon Stahl Investment Real Estate is pleased to present 1435 N Las Palmas Ave, a beautifully remodeled 4-plex offering an incredible investment opportunity in Prime Central Hollywood. With a total square footage of 3,844 situated on a 5,150 square feet lot zoned RD1.5-1XL, these four spacious units consist of Two bedroom / Two bathroom units which also offer in-unit laundry, wood flooring, brand new plumbing, a new roof, modern electrical systems, and extensive renovations to both the kitchens and bathrooms. All units are individually metered for both gas and electricity. Nestled in the vibrant heart of Hollywood, this property offers unparalleled access to the city's most iconic attractions. You’re Minutes away from the Hollywood Walk of Fame, TCL Chinese Theatre, and the bustling Hollywood & Highland Center. With a walk score of 91, you have easy access to nearby parks and recreation areas, including Griffith Park and Runyon Canyon, This property also has excellent public transportation links with proximity to the Hollywood/Vine Metro station making commuting a breeze. This unbeatable location is in Los Angeles’s most dynamic and soughtafter neighborhood.

FOR SALE DETAILS

PRICE

$1,695,000 USD

PRICE/SF

$441 USD /SF

# OF UNITS

4

PRICE/UNIT

$423,750

CAP RATE

4.17%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Charming Fourplex near Hollywood/Highland!

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1921

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,151 SF

ZONING

RD1.5-1XL

APN/PARCEL ID

5547-022-015

ASK ABOUT THIS PROPERTY

Derrick VartanianLyon Stahl Investment Real Estate, Inc.More Info
310-739-3148

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Derrick VartanianLyon Stahl Investment Real Estate, Inc.More Info
310-739-3148

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.