2919 S Palm Grove AVE Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90016
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW23209853
Year Built 1923
Lot Size 5,201 Sqft
Property Description
An excellent opportunity to own rental property in a stable area of Mid Los Angeles. This property is located in a highly desirable Los Angeles area near La Brea Ave. and Jefferson Blvd. With the 10 freeway on one side and the Metro E-line on the other, commuting to and from this property can be convenient. The property is comprised of 3 units, each having their own gas and electric meters. There are 2 uncovered parking spaces, 1 covered and 2 garage spaces for parking. The first(A) unit has two bedrooms(1 Pass-through bedroom) and 2 bathrooms. The second(B) unit has 1 bedroom and 1 bathroom currently occupied by excellent tenants. The third(C) unit is located on the 2nd and 3rd floors. This unit has 4 bedrooms & 2 bathrooms and a separate laundry room. This unit also has a balcony on the 2nd floor and two separate balconies on the 3rd floor. The sunset views from these balconies are amazing. This unit also has a unique feature, the attic is located on the 4th floor. It is currently used for storage but can be used for star gazing or other creative ideas. Alls 3 units are in need of some cosmetic repairs like flooring and paint but other repairs needed might limit the type of financing that can be used to purchase this property. Whether you decided to live in 1 unit and rent the other 2 Or just rent all 3 units, this income property can be a great investment for your real estate portfolio.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LAR2
Interior
Heating None
Cooling None
Fireplaces Type None
Laundry Laundry Room
Exterior
Parking Features None
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Storm Drain(s),Street Lights,Suburban,Sidewalks
Roof Type Shingle
Building
Lot Description Lot Over 40000 Sqft
Story 1
Sewer Unknown
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan,Conventional,Court Approval,FHA 203(k),Submit
Listing Terms Cash,Cash to New Loan,Conventional,Court Approval,FHA 203(k),Submit
Special Listing Condition Third Party Approval