Off Market Sep 2014 for $2.8M

—

Est. refi paymentEst. refi $17,294/mo

•

31 ba

•

24,169

sq ft

4000 Palmyra Rd, Los Angeles, CA 90008

About this home

This is a 2 story garden style walk up building (mid to late 1950's) of wood frame and stucco construction. While the rents are subject to the City of L A Rent Stabilization Ordinance, the approved increase for 2010-2011 is 3% on the anniversary date of each tenant. Some of the units are below market, and have the potential for even greater rent increases upon vacancy. The properties have Code Violations from the City Of L A and some buildings which will be the responsibility of the buyer as the properties are being sold “AS-IS”, “WHERE-IS”, “WITH ALL FAULTS”. The properties are individually metered for gas and electric utilities. There is existing financing on some of the properties at very low interest rates, however the loans can be prepaid for an investor seeking new financing as well.

Multi-familyProperty Type

1955Year Built

0.58 acresLot Size

$118Price/Sq.Ft.

30 spacesParking

Listed by Stephen Lampe •DRE #01164364 • RE/MAX Commercial & Investment

Bought with Ron Evans •DRE #01299308 • Keller Williams Westlake Village

Source:CRMLS #S10072362

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in Crenshaw, CA

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

99.6%

0.6% MoM

Median sale price

$1.3M

$47K MoM

Avg. days on market

75d

10 days MoM

Recently sold homes

1 MoM

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See all

Provided by Redfin

Sale history for 4000 Palmyra Rd

Date

Event

Price

Avail #1

May 2, 2025

Rental Removed

$1,500

$0/sq ft

Apr 6, 2025

Listed for Rent

$1,500

$0/sq ft

Public Records

Sep 11, 2014

Sold

$2,850,000

$118/sq ft

CRMLS #S10072362

Dec 21, 2010

Sold

$2,400,000

$99/sq ft

Dec 2, 2010

Pending

—

Jul 7, 2010

Listed

$2,450,000

$101/sq ft

CRMLS #S10015547

May 3, 2010

Listing Removed

—

Feb 17, 2010

Price Changed

$2,400,000

$99/sq ft

Feb 11, 2010

Listed

$2,550,000

$106/sq ft

Public Records

Jan 11, 2006

Sold

$1,600,000

$66/sq ft

Public Records

Jan 11, 2006

Sold

$800,500

$33/sq ft

Public Records

Jan 9, 2004

Sold

$1,800,000

$74/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$44,646 (+1.8%)

$2,043,141 + $1,382,157

$3,425,298

2024

$43,837 (+1.8%)

$2,043,141 + $1,382,157

$3,425,298

2023

$43,041 (+4.6%)

$2,003,080 + $1,355,056

$3,358,136

2022

$41,148 (+1.5%)

$1,963,804 + $1,328,487

$3,292,291

2021

$40,532 (−0.9%)

$1,925,299 + $1,302,439

$3,227,738

2020

$40,908 (+3.9%)

$1,887,549 + $1,276,901

$3,164,450

2019

$39,379 (+1.2%)

$1,868,195 + $1,263,808

$3,132,003

2018

$38,902 (+2.2%)

$1,831,564 + $1,239,028

$3,070,592

2017

$38,054 (+2.9%)

$1,760,443 + $1,190,916

$2,951,359

2016

$36,966 (−5.9%)

$1,760,443 + $1,190,916

$2,951,359

2015

$39,303 (+18.9%)

$1,725,925 + $1,167,565

$2,893,490

2014

$33,054 (−2.1%)

$1,358,660 + $1,131,602

$2,490,262

2012

$33,776 (+2.2%)

$1,352,520 + $1,126,488

$2,479,008

2011

$33,051 (−6.6%)

$1,326,000 + $1,104,400

$2,430,400

2010

$35,377 (+3.7%)

$1,300,000 + $1,100,000

$2,400,000

2009

$34,121 (+4.2%)

$1,376,300 + $1,164,561

$2,540,861

2008

$32,748

$1,379,570 + $1,167,328

$2,546,898

Tax history for 4000 Palmyra Rd

Year

Property tax

Land + Additions

Assessment*

2025

$44,646 (+1.8%)

$2,043,141 + $1,382,157

$3,425,298

2024

$43,837 (+1.8%)

$2,043,141 + $1,382,157

$3,425,298

2023

$43,041 (+4.6%)

$2,003,080 + $1,355,056

$3,358,136

2022

$41,148 (+1.5%)

$1,963,804 + $1,328,487

$3,292,291

2021

$40,532 (−0.9%)

$1,925,299 + $1,302,439

$3,227,738

2020

$40,908 (+3.9%)

$1,887,549 + $1,276,901

$3,164,450

2019

$39,379 (+1.2%)

$1,868,195 + $1,263,808

$3,132,003

2018

$38,902 (+2.2%)

$1,831,564 + $1,239,028

$3,070,592

2017

$38,054 (+2.9%)

$1,760,443 + $1,190,916

$2,951,359

2016

$36,966 (−5.9%)

$1,760,443 + $1,190,916

$2,951,359

2015

$39,303 (+18.9%)

$1,725,925 + $1,167,565

$2,893,490

2014

$33,054 (−2.1%)

$1,358,660 + $1,131,602

$2,490,262

2012

$33,776 (+2.2%)

$1,352,520 + $1,126,488

$2,479,008

2011

$33,051 (−6.6%)

$1,326,000 + $1,104,400

$2,430,400

2010

$35,377 (+3.7%)

$1,300,000 + $1,100,000

$2,400,000

2009

$34,121 (+4.2%)

$1,376,300 + $1,164,561

$2,540,861

2008

$32,748

$1,379,570 + $1,167,328

$2,546,898

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Permits

Jan 3, 2026 • Active

Bldg-alter/repair

Replace windows in a residential building with new windows of the same size and type. Ensure all new windows and doors are dual-glazed and certified by the National Fenestration Rating Council.

Remodel

Nov 7, 2025 • Final

Bldg-alter/repair

Replace windows in a residential building with new windows of the same size and type. All new windows and doors must be dual-glazed and certified by the National Fenestration Rating Council.

Remodel

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Exterior

Pool Information
Has Pool

Property Information
Subdivision Name: 19873
Building Sq. Ft: 24,169
# of Units: 30
Legal Description: TRACT # 19873 LOTS 12,13 AND LOT 14

Lot Information
# of Buildings: 1
Land Sq. Ft: 25,384
Legal Lot Number: 14
Municipality Name: LOS ANGELES
Acres: 0.5827
Zoning Code: LAR3
County Use Description: APARTMENT

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 36
Baths: 31.0
Sq. Ft.: 24,169
Stories: —
Lot Size: 0.58 acres
Style: Multi-Family (5+ Unit)
Year Built: 1955
Year Renovated: 1960
County: Los Angeles County
APN: 5032008011

Home facts updated by county records on Aug 29, 2026

Around this home

Schools

Hillcrest Drive Elementary School

Public K-5 • Assigned • 0.3mi

3/10

Audubon Middle School

Public 6-8 • Assigned • 0.9mi

3/10

Susan Miller Dorsey Senior High School

Public 9-12 • Assigned • 0.6mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Local insights from Redfin agents

The LA market is rewarding realistic pricing and good strategy. Buyers have more choices and are taking their time, while sellers who price correctly are still getting results. The days of simply “testing the market” are behind us—in this market,...
2 weeks ago • Los Angeles
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84 deals
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LA's real estate market stays a top-tier profit machine through the mid point of26! Strong demand, tight inventory, and the city's allure drive steady 3-7% appreciation. High equity and robust rents make it ideal for long-term investors seeking...
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Climate risks

4/10 Flood Factor

Estimated 19-29% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 87° expected this year, 22 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

5/10 Air Factor

7 unhealthy days expected this year, 7 days in 30 years

Provided by First Street

Historical weather

Los Angeles, CA • 90008

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.5 hours in June and 6.6 hours in December, placing it above the U.S. average for solar exposure.

9.5 hrs

6.6 hrs

JuneDecember

Provided by Shadowmap

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Home values near 4000 Palmyra Rd

Data from public records.

Address
4001 Palmyra Rd, Los Angeles, CA 13 Beds \| 10 Baths \| 7396 Sq. Ft.
4025 Palmyra Rd, Los Angeles, CA 8 Beds \| 12 Baths \| 6300 Sq. Ft.

Address
4009 Palmyra Rd, Los Angeles, CA 7 Beds \| 9 Baths \| 6773 Sq. Ft.
4032 Palmyra Rd, Los Angeles, CA 10 Beds \| 10 Baths \| 6946 Sq. Ft.

Address
4017 Palmyra Rd, Los Angeles, CA 9 Beds \| 11 Baths \| 7544 Sq. Ft.
4026 Palmyra Rd, Los Angeles, CA 12 Beds \| 11 Baths \| 7452 Sq. Ft.

Property information provided by undefined .

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About this home

Redfin Estimate

Market trends in Crenshaw, CA

Sale history for 4000 Palmyra Rd

Tax history for 4000 Palmyra Rd

Permits

Property details

Around this home

Schools

Lifestyle

Local insights from Redfin agents

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 90008

Home values near 4000 Palmyra Rd

More real estate resources