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2116 S Palm Grove Ave, Los Angeles, CA, 90016

7beds
5baths
5,075sqft
$1,395,000
$275price/sqft
$9,734/moest. monthly cost
$389,360/yrincome needed

About This Home

Exceptional investment opportunity in the heart of Los Angeles! Welcome to 2116 S Palm Grove Ave, a well-maintained 5-unit multifamily property offering a perfect blend of classic charm and modern updates. Each unit is thoughtfully designed for comfortable living, featuring spacious interiors filled with natural light. The property includes on-site parking and a private outdoor area for tenant enjoyment. Conveniently located near shopping, dining, schools, and major freeways, this prime location offers excellent rental demand and long-term growth potential. Whether you’re an investor expanding your portfolio or looking for an income-producing property, 2116 S Palm Grove Ave is a must-see!

Getting Around

74
WalkingVery Walkable
55
TransitGood Transit
55
BikeBikeable

Schools

Construction

Condition

  • Year built: 1924

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex

Interior

Appliances

  • Laundry features: None

Bedroom

  • Features: All Bedrooms Down

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 5
  • Full bathrooms: 5
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Cooling

  • Cooling features: None

Features

  • Multiple Staircases,All Bedrooms Down
  • Fireplace features: None
  • Common walls with other units/homes: 2+ Common Walls

Interior Area

  • Total interior livable area: 5,075 sqft

Property

Details

  • Parcel number: 5061024001
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: 1
  • Pool features: None
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 5,645 sqft
  • Features: 0-1 Unit/Acre

Parking

  • Total spaces: 3
  • Parking features: Garage - Attached
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3