2911 S Palm Grove Avenue

Property Overview

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 delivered VACANT. 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 vacant 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.

Home Details

Property type: Residential - Triplex
Year built: 1930
Living area: 3,960 sq ft
Lot size: 5,199 sq ft
Parking: 1 spaces
Garage: 1 spaces
Stories: 2
Days on market: 1
Full bathrooms: 5
MLS status: Active

Features & Amenities

Interior

All Bedrooms Up
All Bedrooms Down
Bedroom On Main Level
Main Level Primary

Pool

None

Lot

Zero To One Unit Acre

Community, Schools & Utilities

Community

View: None

Schools

School district: Los Angeles Unified

Utilities

Cooling: None
Water: Public
Sewer: PublicSewer

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Location & Neighborhood

Los Angeles, CA 90016

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Frequently Asked Questions About 2911 S Palm Grove Avenue

Property type: Residential

The current asking price is $1,225,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.

Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 2911 S Palm Grove Avenue. Our team will confirm availability and timing.

This 9 bedrooms and 5 bathrooms property offers approximately 3,960 square feet of living space. It was built in 1930. Review the listing details and disclosures, then independently verify material features before making a decision.

The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.

Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.

The MLS currently reports the property as Active. It has been listed for 1 days. Status can change, so verify availability before relying on it.