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2116 S Palm Grove Avenue

Los Angeles, CA 90016
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Bed 0

Bed

Bath 0

Bath

SqFt5,075

Sqft

SqFt5,645

Sqft(Lot)

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 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. 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

Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,297,777

AD Id : 86505472

MLS Id : DW26140036

Lot Size : 5,645 Sqft

Living Area Size : 5,075

Year Built : 1924

Garage : 3

County : Los Angeles

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Feature Features

  • Building Information

    Year Built: 1924
    Building Area Total: 5075
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 5645 Lot Size Acres: 0.1296 Lot Size Source: Assessor Lot Size Square Feet: 5,645 Lot Description: 2-5 Units/Acre

  • Listing Price Information

    Listing Price: $1297777
    Cash, Conventional

  • Tax Information

    Parcel Number: 5061024001 Tax Lot: 350

  • Parking Information

    Parking Total: 3

    Garage Information

    Has Garage: Yes Garage Space: 3

  • Location Information

    Direction: W 21st St/S Palm Grove Ave WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2129 Crenshaw Boulevard, Los Angeles, CA, 90016 $2,225,000 16 21 9,520 9,520 SqFt
2136 S Victoria Avenue, Los Angeles, CA, 90016 $1,300,000 5 3 2,636 2,636 SqFt
2413 S Victoria, Los Angeles, CA, 90016 $998,900 3 2 1,385 1,385 SqFt
4530 W Washington Boule.., Los Angeles, CA, 90016 $1,379,000 6 4 2,454 2,454 SqFt
3809 38111/2 W 30th Str.., Los Angeles, CA, 90016 $1,180,000 6 4 5,213 5,213 SqFt
2847 S Victoria, Los Angeles, CA, 90016 $2,995,000 -- -- 5,947 5,947 SqFt
2919 Somerset Drive, Los Angeles, CA, 90016 $999,000 3 2 1,049 1,049 SqFt
2050 Claudina Avenue, Los Angeles, CA, 90016 $749,995 2 2 862 862 SqFt
2636 Virginia Road, Los Angeles, CA, 90016 $3,250,000 16 -- 6,936 6,936 SqFt
4014 W 30th Street, Los Angeles, CA, 90016 $799,999 2 1 908 908 SqFt

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ByOwner last updated this listing 08/14/2026 @ 13:09

MLS: DW26140036 LISTED BY: Gustavo Islas, Century 21 Allstars 562-863-2121 SOURCE: CRMLS

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