1408 N LAS PALMAS AVE, Los Angeles, CA 90028
1408 N LAS PALMAS AVE
$2,595,000
0.33 Acres LOT
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.

Area & Lot

Status
Sold
Lot Size
0.33 Acres
MLS ID
18-308558
Type
LAND
View Description
City Lights

Exterior

Water Source
In Street
Sewer
In Street

Financial

Sales Price
$2,595,000
HOA Fees
$0.00
Zoning
LARD1.5

Property Images

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