2911 S Palm Grove Avenue, Los Angeles, CA 90016
Local realty services provided by:Better Homes and Gardens Real Estate Champions
2911 S Palm Grove Avenue,Los Angeles, CA 90016
$1,225,000
- - Beds
- - Baths
- 3,960 sq. ft.
- Multi-family
- Active
Listed by: aaron jacobson, brandon maghen
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:SB26115015
Source:CRMLS
Price summary
- Price:$1,225,000
- Price per sq. ft.:$309.34
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 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....
Contact an agent
Home facts
- Year built:1930
- Listing ID #:SB26115015
- Added:103 day(s) ago
- Updated:September 08, 2026 at 11:06 AM
Rooms and interior
- Living area:3,960 sq. ft.
Structure and exterior
- Year built:1930
- Building area:3,960 sq. ft.
- Lot area:0.12 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,225,000
- Price per sq. ft.:$309.34
Features and amenities
- Laundry features:Inside
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