Properties
Los Angeles, CA 90016 2116 S Palm Grove Ave
$1,350,777
7 more
Presented By: Gustavo Islas with Century 21 Allstars; 562-756-5391
Baths • 1
SQFT • 5,075
Garage • 3
Home Details
Welcome to this incredible value in Mid City, Fantastic investment opportunity in the rapidly growing Mid City market! This well-maintained 5 units feature over 5000 square feet of unique construction, creating strong value-add potential, 2 units were recently fully renovated ย the property is strategically positioned in the most appealing, high growth areas from Downtown L.A. to Culver City's Tech Hub, the neighborhood is experiencing a rapid growth of multifamily development.ย
This property offers amazing tenant convenience Located in a high-demand rental market, this property is ideal for investors seeking steady income and long-term growth.
Presented By: Gustavo Islas with Century 21 Allstars; 562-756-5391
Interior Features for 2116 S Palm Grove Ave
Other Interior Features
Air Conditioning Y/NNo
Common Walls2+ Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Total Stories2
Other Rooms
Entry Level1
General for 2116 S Palm Grove Ave
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityLos Angeles
Community FeaturesSidewalks
CoolingNone
CountyLos Angeles
Directions2116 S Palm grove Ave Los Angeles
Electric Expense
Entry Location1
Fuel Expense
Garage Spaces3
Garage Y/NYes
Gross Income94560
HeatingNone
Insurance Expense
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, Conventional
Lot Size Square Feet5645
Lot Size UnitsSquare Feet
MLS AreaBLDH - Baldwin Hills
Net Operating Income
New ConstructionNo
Number Of Units Total5
Number of Units Leased5
Operating Expense0
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NYes
Property Sub Type AdditionalMixed Use
Property SubtypeMixed Use
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tax Lot350
Trash Expense0
Water Sewer Expense0
Year Built1924
Year Built SourcePublic Records
Exterior for 2116 S Palm Grove Ave
Building Area Total5075
Lot Features0-1 Unit/Acre
Lot Size Acres0.1296
Lot Size Area5645
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters1
Private PoolNo
Total Parking3
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
