2911 Palm Grove Avenue, Los Angeles, CA 90016

Los Angeles
Local realty services provided by:ERA Excel Realty
2911 Palm Grove Avenue,Los Angeles, CA 90016
$1,250,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: aaron jacobson
Office: lyon stahl investment real estate, inc.
MLS#:SB26115015
Source:MLSListings

Price summary

  • Price:$1,250,000

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...

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Home facts

  • Year built:1930
  • Listing ID #:SB26115015
  • Added:78 day(s) ago
  • Updated:August 14, 2026 at 04:40 PM

Structure and exterior

  • Year built:1930
  • Lot area:0.12 Acres
  • Lot Features:Mid Block

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$1,250,000
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