$1,280,000 Price Analysis   ♡   Los Angeles, CA 90038 4 bed 3 bath 1,735 SqFt ($737/SqFt) 6,886SqFt lot. Built 1913 Listed 2024-05-28, Taxes $1,120 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Partners CRE is proud to exclusively present for sale a Development / Investment opportunity in Hollywood!
Existing building is a Duplex that can be delivered VACANT at the close of Escrow. Front unit is a 3 bedroom unt that has been owner occupied for many years and the back unit is a one bedroom unit that has been rented but can be delivered vacant. No Ellis Act to worry about. Property features LARD1.5-1XL zoning in a Tier 3 TOC which allows for up to 4 units by right and 2 ADU's for a total of 6 units.
Proposing a 100% Affordable Housing Project can yield even higher density utilizing AB2345. Just under a mile to the Metro Red Line Subway Station and blocks to Hollywood Forever, this property boasts a Walker's Paradise designation by Walk Score, with Good Transit and it is Very Bikeable. With a walk score of 97 this Walker's Paradise designation, this is among the most in-demand neighborhoods by younger professionals.
Presented by Navid Toomarian at
Keller Williams Beverly Hills.
Property MLS #24-396949 from TheMLSCLAW
Full Bathrooms: 3
Heating Features: Combination
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 6886
Calculated Total Monthly Association Fees: 0
Number of Units: 2
Unit Features: 1 BedsTotal: 3, 1 BathsTotal: 2, 1 SquareFeet: 4500, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 2500
County: Los Angeles
Directions: North of Santa Monica Blvd, and east of Vine St on Banner Ave
Source Property Type: Residential Income
Area: Hollywood
Source Neighborhood: Hollywood
Parcel Number: 5534-006-003
Postal Code Plus 4: 2801
Zoning: LARD1.5
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $11,287 + $56,809 $68,096 | $1,120 |
| 2021 | $11,066 + $55,696 $66,762 | $1,094 |
| 2020 | $10,953 + $55,125 $66,078 | $1,098 |
| 2019 | $10,739 + $54,045 $64,784 | $1,068 |
| 2018 | $10,529 + $52,986 $63,515 | $927 |
| 2017 | $10,323 + $51,948 $62,271 | $911 |
| 2016 | $10,121 + $50,930 $61,051 | $869 |
| 2015 | $9,969 + $50,165 $60,134 | $859 |
| 2014 | $9,774 + $49,183 $58,957 | $877 |
| 2013 | $9,730 + $48,961 $58,691 | $871 |
| 2012 | $9,540 + $48,001 $57,541 | $880 |
| 2010 | $9,353 + $47,060 $56,413 | $878 |
| 2009 | $9,307 + $46,820 $56,127 | $845 |
| 2009 | $9,284 + $46,709 $55,993 | $845 |
| 2008 | $9,125 + $45,902 $55,027 | $817 |
| 2007 | $8,947 + $45,002 $53,949 | $786 |
$1,280,000
TheMLSCLAW
Listed 2024-05-28
$1,350,000
TheMLSCLAW
Sold 1974-09-18
$35,000
Public Record
Year Built: 1913
Levels: One Level
Living Area Source: Vendor Enhanced
Property Age: 111
Year Built Source: Vendor Enhanced
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.