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Real Estate/CA/Los Angeles/2911 S Palm Grove Avenue
Photo 1 of 2911 S Palm Grove Avenue
Photo 2 of 2911 S Palm Grove Avenue
1 / 31
Main
Interior 1
Interior 2
Interior 3
Interior 4
imagesmode View 31 photos
For Sale
$1,225,000
Est. $6,860/mo

2911 S Palm Grove Avenue, Los Angeles, CA 90016

bed
9
Bedrooms
bathtub
5
Bathrooms
square_foot
3,960
Sq Ft

About this home

2911 S Palm Grove Ae offers a rare opportunity to purchase a triplex in a strong picket of West Adams, with 2 of 3 units delivered VACANT. The property features a great mix of units, consisting of (1) Vacant 3 bed/1 Bath measuring at 1,100 Square Feet, (1) Vacant 4 bed/3 Bath measuring at 1,950 Square Feet, and (1) occupied 2 Bed/1 Bath measuring at just under 1,000 Square Feet. An owner-user can take advantage of the vacant units by occupying one unit while generating rental income from the remaining units, making the property an attractive opportunity for both investors and owner-occupants. Once fully rented, the property is expected to operate at a 6.06% cap Rate, collecting $8,884 in total scheduled rent, based on market rents. Additionally, the property may offer the potential to construct ADUs (Buyer to Verify), creating further long-term value-add opportunity. The property is conveniently located in West Adams, in close proximity to Culver City, USC, Downtown Los Angeles, and major transportation corridors including the I-10 Freeway and Metro Expo Line.

Property Facts

bed

Bedrooms

9

bathtub

Bathrooms

5

square_foot

Square Feet

3,960

landscape

Lot Size

5,199 sqft

calendar_month

Year Built

1930

home_work

Property Type

Triplex

timer

Days on Market

0

garage

Garage Total

1

fingerprint

MLS #

SB26187308

Interior Details

General Interior

Interior Features

All Bedrooms Up, All Bedrooms Down, Bedroom On Main Level, Main Level Primary

Bed & Bath

Main Level Bedrooms

9

Main Level Bathrooms

5

Parking

Total Parking Spaces

1

Garage Spaces

1

Exterior & Lot

Lot & Grounds

Lot Features

Zero To One Unit Acre

Sewer

Public Sewer

Water Source

Public

Community & HOA

Community Features

Curbs, Suburban, Sidewalks, Urban

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Mortgage Calculator

Total Monthly

$0

Principal & Interest:
$0
Property Tax:
$0
Home Insurance:
$0
HOA Fees:
$0
$
$
%

Nearby Schools

RatingSchool NameGradesDistance
2
Susan Miller Dorsey Senior High
High School
9-120.4 mi
6
Cienega Elementary
Elementary School
K-50.4 mi
N/A
View Park Continuation
High School
9-120.4 mi
8
Virginia Road Elementary
Elementary School
K-50.5 mi
3
Coliseum Street Elementary
Elementary School
K-50.8 mi

Convenience Score

Market Insights

90016|Los Angeles

Estimated Value

Calculating...
No change vs. last year
Value history is still building for this area.

Market Temperature

Seller'sBalancedBuyer's
0d30d60d180d
Balanced

Balanced market

30 Days

Avg. time on market

This is a Balanced Market. Homes are selling at a moderate pace.

Flood & Climate Risk

Noise Levels

Location

2911 S Palm Grove Avenue

Los Angeles, CA 90016

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