2911 Palm Grove Avenue, Los Angeles, CA 90016
Local realty services provided by:ERA North Orange County Real Estate
2911 Palm Grove Avenue,Los Angeles, CA 90016
$1,225,000
- 9 Beds
- 5 Baths
- 3,960 sq. ft.
- Multi-family
- Active
Listed by: aaron jacobson
Office: lyon stahl investment real estate, inc.
MLS#:SB26187308
Source:MLSListings
Price summary
- Price:$1,225,000
- Price per sq. ft.:$309.34
About this home
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 delivered VACANT. 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 vacant 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 6.06% 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 to Culver City, USC, Downtown Los Angeles, and major transportation corridors including the I-10 Freeway and Metro Expo Line....
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Home facts
- Year built:1930
- Listing ID #:SB26187308
- Added:11 day(s) ago
- Updated:September 07, 2026 at 04:52 PM
Rooms and interior
- Bedrooms:9
- Total bathrooms:5
- Full bathrooms:5
- Bedroom Description:Ground Floor Bedroom
- Living area:3,960 sq. ft.
Structure and exterior
- Year built:1930
- Building area:3,960 sq. ft.
- Lot area:0.12 Acres
- Lot Features:Mid Block
Utilities
- Water:District - Public
Finances and disclosures
- Price:$1,225,000
- Price per sq. ft.:$309.34
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