CA > Los Angeles
Los Angeles, CA 90016,2700 S Palm Grove Ave
Los Angeles, CA 90016,2700 S Palm Grove Ave
Los Angeles, CA 90016,2700 S Palm Grove Ave
37
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$1,499,000
Est. payment /mo
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5 Beds
4 Baths
2,131 SqFt
Open Sat 1PM-4PM

2700 S Palm Grove Ave Los Angeles, CA 90016

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Lisa Manczuk

Lisa Manczuk

+1(702) 927-4046

OPEN HOUSE

Sat May 03, 1:00pm - 4:00pm

UPDATED:

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 $703

MLS Listing ID 25529605

Bedrooms 5

Year Built 1924

Lot Size 5,200 Sqft

Acres 0.1194

Property Sub-Type Multi-Family

Property Description

Gross Scheduled Income: $105,600; Expenses: $20,070; Net Operating Income: $85,530; GRM: 14.20; Cap Rate: 5.71%. Welcome to 2700 and 2702 Palm Grove Ave. A stunning new construction home in the heart of red-hot West Adams. The front home offers 4BD/3BA with an open, sunlit floor plan, sleek modern finishes, recessed lighting, and all-new systems including plumbing, electrical, roof, HVAC, tankless water heater, luxury appliances, and more. The detached ADU is fully permitted, features its own private entrance, mini-split HVAC, updated systems, and endless flexibility as a rental, guest house, or home office. One car garage is drywalled with electrical for home office, art studio or more. Built to the latest LADBS standards, the property includes a complete water capture and recirculation system and fire sprinklers throughout. Located minutes from the Expo and Crenshaw Lines and close to hotspots like Tartine, Mizlala, Alta, and Delicious Pizza. **SPECIAL LENDER FINANCING** make this is a rare chance to own a brand-new, move-in-ready home in one of LA's most dynamic neighborhoods. Best of all, **YOU CAN OWN THIS PROPERTY FOR AS LITTLE AS $2,925/month** thanks to rental income from the legal 1BD/1BA ADU (estimated rent: $2,950), offsetting a $5,875 monthly mortgage.

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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TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Century 21 Masters

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agent

Lisa Manczuk

Agent | RE.S.0180264

+1(702) 927-4046

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2700 S Palm Grove Ave