2919 S Palm Grove AVE, Los Angeles, CA 90016

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$1,280,000

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5,201 Sqft Lot

Active

2919 S Palm Grove AVE Los Angeles, CA 90016

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Steve Gilbert

steveresocal@gmail.com +1(619) 743-8823

UPDATED:

12/25/2024 01:14 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW23209853

HOA Y/N No

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

Fireplace No

Laundry Laundry Room

Exterior

Parking Features None

Garage Spaces 2.0

Carport Spaces 1

Garage Description 2.0

Pool None

Community Features Storm Drain(s), Street Lights, Suburban, Sidewalks

Roof Type Shingle

Total Parking Spaces 5

Private Pool No

Building

Lot Description Lot Over 40000 Sqft

Story 1

Entry Level One

Sewer Unknown

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5057026026

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

Listed by Alvaro "Al" Santillan • Century 21 Allstars

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Steve Gilbert

Agent | License ID: 00813555

+1(619) 743-8823

2919 S Palm Grove AVE Los Angeles, CA 90016

Steve Gilbert

Key Details

Location

Interior

Exterior

Building

Others

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2919 S Palm Grove AVE