2700 S Palm Grove Ave Open House

Los Angeles,CA 90016

$ 1395000

5 Beds

4 Baths

2131 SqFt


OPEN HOUSE

Sun May 18, 1:00pm - 4:00pm 

Key Details

Property Type Multi-Family

Sub 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

Year Built 1924

Lot Size 5,200 Sqft

Acres 0.1194

Property Sub-Type Multi-Family

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 Mid Los Angeles

Zoning LAR2

Rooms

Other Rooms Accessory Bldgs, GuestHouse, Other

Interior

Heating Central

Cooling Central

Equipment Garbage Disposal, Dishwasher, Microwave, Gas Dryer Hookup, Refrigerator, Range/Oven

Exterior

Parking Features Driveway, Garage, On street

Garage Spaces 4.0

Building

Story 1

Level or Stories One

Others

Special Listing Condition Standard

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