MLS® ID: 18-375376

2116 S Palm Grove Ave

Los Angeles, California, 90016

$1,400,000 Active
  • 7 Beds
  • 5075 SQFT
Great investment opportunity in this fantastic location, an opportunity to own this Mid-City 5-unit property located on a well kept street, great neighborhood, with great upside potential. New roof with 7 year warranty, new stair railings in the back. One property is vacant, and one will be delivered vacant, which allows one to receive market rents, with other rents on 2 units well under market, occupied with long term tenants. Three of the units are completely newly remodeled. Units are very spacious and have plenty of windows to bring in light. There is a large, remodeled back unit (1 bedroom, this one will be vacant ) above the garage area which is separated from the front building, offering added privacy. Property includes off-street parking and has three single car garages which are currently being used for storage, separate laundry room, which has the potential for coined operated income. Close proximity to freeway and shopping. Drive by only, please do not disturb occupant
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Listing courtesy of Equity Real Estate-Los Angeles

Amenities

  • Zip
    90016
  • Office name
    Equity Real Estate-Los Angeles
  • SQFT
    5075
  • Bedrooms
    7
  • Property type
    Residential Income
  • Zoning type
    LARD2
  • Year built
    1924
  • Lot size
    5605
  • Heating
    Wall Gas
  • Tax year
    0
  • Agent name
    Sandy Marie Dunkley
  • Tax amount
    $ 0.0
  • Purchase Type
    Active
  • Price Range
    $1.25m-$1.5m
  • Square Feet Range
    5000-7000 sq ft.
  • Area
    Mid Los Angeles
  • Bedrooms Range
    7 Beds
  • Year Built Range
    1989 (and earlier)
  • Office ID
    X81816
  • Agent ID
    C105774

Location

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