1964 Palmerston, Los Angeles, California 90027, Los Angeles, 90027 - 5 bed, 3 bath
Loading property details...
Los Angeles, California 90027
This Versatile Family Compound represents a Strong Value Opportunity, listed at $2,998,800—positioned slightly above the $2,814,345 Fair Market Value. While priced at a premium, the property features Extensive Modernization, including a foundation retrofit and updated systems, earning a Condition Rating of 3. Its unique dual-level layout offers significant flexibility for multi-generational living or a professional home office. Located near Top-Rated Schools like Ivanhoe Elementary, this residence is an ideal acquisition for Owner-Occupants seeking historic character or Multi-Generational Families prioritizing long-term infrastructure stability.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1964 Palmerston Subject | $2,998,800* List Price | 5 | 3 | 3,626 | $776 | - |
A 4310 Cedarhurst Circle Sold | $2,510,000 | 4 | 4 | 2,644 | $949 | 0.8 mi |
B 4311 Finley Avenue Sold | $2,228,800 | 3 | 3 | 2,184 | $1,021 | 0.8 mi |
C 1948 N Catalina Street Active | $3,799,000 List Price | 3 | 4 | 3,574 | $1,063 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structure dates to 1936, the property has undergone extensive recent modernization of all major systems, including new HVAC, electrical panels, copper plumbing, and a foundation retrofit. The interior features well-maintained original hardwood floors and period-correct kitchen and bath tiling that, while aesthetically dated, are functional and move-in ready, meeting the criteria for a well-maintained older home with significant system updates.
Elementary School: Ivanhoe Elementary School (9/10).
The property features significant infrastructure upgrades, including new electrical panels, copper plumbing, central HVAC, and a foundation retrofit, blending historic charm with modern reliability.
Originally a triplex, the current layout functions as a spacious family compound with separate living levels, making it ideal for multi-generational families, guests, or a professional home office.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 6.
Due to its history as a triplex, the internal flow may lack the seamless connectivity of a traditional single-family home, which could be a drawback for buyers seeking a conventional floor plan.
At nearly $3 million, the property is positioned at a high price point for the area, requiring a buyer who specifically values its unique provenance and multi-unit flexibility over a standard residential layout.
Welcome to 1964 Palmerston Place, a truly rare Los Feliz offering where timeless architecture, rich history, and modern infrastructure come together in one extraordinary residence. Originally designed and occupied by its architect owner, this distinguished property was thoughtfully created as both a residence and professional workspace. The architect lived upstairs while operating his office from the lower level, establishing a live-work concept decades ahead of its time. Throughout its history, the home has had only three owners, a remarkable testament to its enduring appeal. The second owner was a skilled plumber, whose stewardship contributed to the home's well-maintained systems and long-term care. Originally configured as a triplex, the property has been thoughtfully removed from the rental market and restored into a spacious family compound. The upper level has been reimagined into a luxurious 3-bedroom, 2-bath residence by incorporating the former studio, while the lower level offers a comfortable 2-bedroom, 1-bath layout—ideal for multi-generational living, extended family, guests, or a dedicated home office, echoing the property's original purpose. Behind its classic Old World character lies an extensive modernization of nearly every major system. Recent improvements include all-new electrical panels, updated copper plumbing, new central heating and air conditioning, and a completed foundation retrofit, providing today's buyers with confidence and peace of mind while preserving the home's architectural integrity. Situated on a picturesque street in one of Los Feliz's most desirable neighborhoods, this exceptional residence offers approximately 3,626 square feet of versatile living space that seamlessly blends historic significance with contemporary comfort. Opportunities to own a home with this level of provenance, thoughtful restoration, and flexibility are exceptionally rare. Possible ADU build in very rear of backyard - check with city for usage / allowances - rear also has a three-car garage to store/park all your toys A legacy property with an extraordinary story—ready for its next chapter.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 0.7 mi
Grades K-6 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 3,626 | 1,672 |
| Lot Size | 6,740 | 6,067 |
| Price | $3.00M | $1.37M |
| Price per sq ft | $827 | $801 |
| Built year | 1936 | 1939 |
| HOA | $0 | $348 |
| Days on market | 2 | 56 |
Jul 22, 2026
$2,998,800
Initial Listing
Nov 19, 2018
$1,526,000
Public Record