2911 S Palm Grove Avenue
Los Angeles, CA 90016
0
Bed
0
Bath
3,960Sqft
5,199Sqft(Lot)
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, t
Property Details
Map
Map
What's Nearby
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Features
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Building Information
Year Built: 1930Building Area Total: 3960Pool Features: NonePrivate Pool: No
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Lot Information
Main Square Feet: 5199 Lot Size Acres: 0.1194 Lot Size Source: Assessor Lot Size Square Feet: 5,199 Lot Description: 0-1 Unit/Acre
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Listing Price Information
Listing Price: $1250000Cash, Cash to New Loan, Conventional, Contract, FHA
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Tax Information
Parcel Number: 5057026028 Tax Lot: 460
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Location Information
Direction: South of West Adams Blvd and North of West Jefferson Blvd WaterSource: Public
How much is this property worth?
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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 | $1,089,900 | 3 | 2 | 1,385 | 1,385 SqFt |
| 4530 W Washington Boule.., Los Angeles, CA, 90016 | $1,400,000 | 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 08/11/2026 @ 09:28
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