2911 S Palm Grove Ave, Los Angeles, CA, 90016
About This Home
Ideal Owner User Opportunity! 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 unoccupied. 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 one of the 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 5.85% 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.
Getting Around
Very Walkable
Good Transit
Very BikeableSchools
Construction
Condition
- Year built: 1930
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Laundry features: Inside
Bedrooms & Bathrooms
- Bedrooms: 9
- Bathrooms: 5
Features
- Common walls with other units/homes: No Common Walls
Interior Area
- Total structure area: 3,960
- Total interior livable area: 3,960 sqft
Property
Details
- Parcel number: 5057026028
- Special condition: Standard
Features
- Entry location: Front
- Pool features: None
Lot
- Lot size: 5,199 sqft
- Features: 0-1 Unit/Acre
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,320 | $75,840 |
| Home Insurance * | $167 | $2,004 |
| Property Taxes | $697 | $8,364 |
| Electricity | $849 | $10,190 |
| Total | $8,033 | $96,396 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-27 | Listed for sale | $1,250,000 |
| 2024-04-30 | Listing removed | -- |
| 2024-03-01 | Price change | $3,900 |
| 2024-02-24 | Price change | $3,750 |
| 2024-02-22 | Price change | $3,850 |
| 2024-02-20 | Price change | $3,890 |
| 2024-02-15 | Price change | $3,920 |
| 2024-01-25 | Price change | $3,950 |
| 2024-01-18 | Price change | $3,990 |
| 2024-01-15 | Price change | $4,010 |
| 2024-01-13 | Price change | $4,030 |
| 2024-01-11 | Price change | $4,060 |
| 2024-01-08 | Price change | $4,090 |
| 2023-12-17 | Price change | $4,150 |
| 2023-12-04 | Price change | $4,200 |
| 2023-12-03 | Listed for rent | $3,905 |
| 2020-02-21 | Listing removed | $2,625 |
| 2020-01-16 | Listed for rent | $2,625 |
| 2017-09-23 | Listing removed | $2,350 |
| 2017-08-30 | Listed for rent | $2,350 |
| 2016-05-20 | Sold | $726,000 |
| 2016-05-16 | Pending sale | $650,000 |
| 2016-04-04 | Listed for sale | $650,000 |
For Sale by Agent
View on Zillow