24
See all 24 photos
$1,395,000
Est. payment /mo
5 Beds
4 Baths
2,131 SqFt
Price Dropped by $70K
2700 S Palm Grove AVE Los Angeles, CA 90016
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,131 sqft
Price per Sqft $654
MLS Listing ID 25529605
Bedrooms 5
HOA Y/N No
Year Built 1924
Lot Size 5,201 Sqft
Property Description
PRICE IMPROVEMENT! New construction in the heart of West Adams, one of the city's most vibrant neighborhoods. This stunning property offers a 4-bedroom, 3-bathroom main house in front, and a legal 1-bedroom, 1-bathroom ADU in rear, thoughtfully designed for modern living. The main house boasts a spacious open floor plan filled with natural light, highlighted by recessed lighting throughout, a gourmet kitchen with sleek countertops, modern cabinetry, and state-of-the-art appliances. Every system in the home is new, including wiring, outlets, switches, an electrical panel with sub-panels, brand-new HVAC system, new roof, tankless water heaters, roof, foundation, and more. The ADU offers a modern, versatile living space perfect for rental income, a guest house, or a private office, with its own modern amenities and efficient design with concrete floors. One-car garage can be used as flex space, another office, or storage. Located just minutes from the Expo Line, Crenshaw Line, and major freeways, this home offers easy access to Playa Vista, Santa Monica, Beverly Hills, and DTLA. Nearby dining hotspots such as Tartine, Mizlala, Alta, and Delicious Pizza make West Adams a food lover's paradise. Convenient location, impeccable design, and move-in ready. 2700 and 2702 Palm Grove is a rare opportunity to own a completely new home in one of Los Angeles' hottest neighborhoods. Gross Scheduled Income: $105,600; Expenses: $18,833; Net Operating Income: $86.767; GRM: 13.21; Cap Rate: 6.22%.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LAR2
Rooms
Other Rooms Guest House
Interior
Heating Central
Cooling Central Air
Fireplace No
Appliance Dishwasher, Disposal, Microwave, Refrigerator
Exterior
Parking Features Driveway, Garage, On Street
Total Parking Spaces 4
Building
Story 1
Entry Level One
Level or Stories One
Additional Building Guest House
New Construction No
Others
Senior Community No
Tax ID 5057009002
Special Listing Condition Standard
Listed by Andrew Watkins • Century 21 Masters
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