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1352 N Las Palmas Avenue, Los Angeles, CA 90028 is located near the corner of Highland Avenue and Sunset Blvd. in Hollywood. The offering is a 12-unit investment opportunity in a neighborhood known for strong, stable rents and low vacancies. The location is perfectly positioned in Hollywood (90028), where multifamily investments have historically delivered exceptional long-term capital appreciation and wealth preservation. Built in 1957, 1352 N Las Palmas Avenue boasts a total building square footage of 7,353 SF of improvements on a 7,648 SF parcel. The unit composition consists of eleven (11) One-Bed / One-Bath units and one (1) Two-Bed / One-Bath apartment unit. Over the years, ownership has overseen the updating of +/- 7 units. Unit upgrades include new attractive flooring, new stylish fixtures, and updated bathrooms and kitchen. Parking is provided for 13 vehicles, with five spaces in the rear and eight in the front, in a tandem configuration. Additionally, ownership has completed the LA City-mandated soft-story retrofit. 1352 N Las Palmas Avenue offers an on-site laundry room for building tenants. The property is individually metered for gas and electricity, keeping owner expenses low.The asset is located close to world-class dining, shopping, entertainment, and nightlife. Conveniently located to West Hollywood, Beverly Hills, and Downtown LA, it further benefits from access to business services and major employment centers throughout the city and its surrounding neighborhoods. Additionally, there is a significant affordability gap for homeownership in the 90028 zip code, with the median price of a single-family residence exceeding $923,000 in 2026. 1352 North Las Palmas Avenue has a Walk Score of 96 out of 100. This location is a Walker's Paradise, so daily errands do not require a car. 1352 North Las Palmas Avenue is a nine-minute walk from the Metro B Line (Red) at the Hollywood / Highland Station stop. Given the property's prime location and significant value-add component, the offering offers the potential for outstanding long-term income growth and unparalleled capital preservation.
Property Type(s):
Residential Income
| Last Updated | 3/19/2026 | Year Built | 1957 |
|---|---|---|---|
| Community | C20 - Hollywood | County | Los Angeles |
Additional Details
| AREA | C20 - Hollywood |
|---|---|
| GARAGE | Yes |
| LOT | 7649 sq ft |
| LOT DIMENSIONS | 7647 |
| PARKING | Covered, Garage, Tandem |
| STORIES | 2 |
Location
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Listed with KW Commercial Studio City
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. 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. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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