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

$1,695,000 USD

Apartments For Sale • 3,844 SF

Property Details

Property Type Apartments
Total Building Size 3,844 SF
Lot Size 0.12 AC
Building Class C
Year Built 1921
Cap Rate 4.17 %
Zoning RD1.5-1XL

68 Transit Score

96 Walk Score

                
                    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!

Property Flyers

1435 N Las Palmas Ave-OM_Nov '25

Financial Summary (Actual)

Net Operating Income: $70,661 USD (2024)

Cap Rate:	4.17 %
Total Expenses:	$40,967 USD

Major Tenants

Tenant	SF Occupied	Lease End Date
Westside - 1435 Las Palmas

Amenities

Washer/Dryer

Public Transportation

Commuter Rail	Drive	Walk	Distance
Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	14 min	-	6.1 mi
Downtown Burbank (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	15 min	-	6.8 mi
Transit/Subway	Drive	Walk	Distance
Hollywood/Highland Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro))	1 min	8 min	0.4 mi
Hollywood/Vine Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	17 min	0.9 mi
Airport	Drive	Walk	Distance
Bob Hope	17 min	-	8.8 mi
Los Angeles International	27 min	-	13.2 mi
Long Beach (Daugherty Field)	41 min	-	29.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	8
Type:	SurfaceTandem
Included in Rent:	Yes

Derrick Vartanian 310-739-3148 Lyon Stahl Investment Real Estate, Inc.

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