2919 S Palm Grove Avenue

Los Angeles, CA 90016

PRICE REDUCED

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-$20,000 (-1.54%)

$1,280,000

List Price

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bed Beds

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shower Baths

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straighten / sqft

1923

calendar_month Built

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.

Listing Information

List Price $1,280,000
Status Active
MLS DW23209853
Type Residential Income
Subtype Duplex
Year Built 1923
Lot Size 5,201
Structure Size N/A
DOM 80
Courtesy Of Century 21 Allstars
Listing Agent Alvaro "Al" Santillan DRE#01428075

Interior Features

Laundry Information
Location(s) Laundry Room
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Fireplace Information
Features None
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Alvaro "Al" Santillan, Century 21 Allstars 323-595-0798. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 25th, 2024 at 1:14 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.