2032 S Palm Grove Avenue
Los Angeles, CA, 90016 $ 1,295,000
Bedrooms4 Baths3.0 Sq 2,102 Monthly Estimate*
$ 9,046
Listed by TRG Realty Company, Inc.
for $1,295,000 with 4 bedrooms and 3 full baths. This 2,102 square foot home was built in 1923 on a lot size of 0.1332.
Looking for a property that can off-set your mortgage? This just might be the one! This charming Spanish-style duplex is an ideal opportunity for both savvy investors and owner-users. Much of the heavy lifting has already been completed, but there is still potential for additional value. Professionally remodeled in the past year WITH PERMITS (!!), including an enhanced electrical panel and wiring, roof repairs, plumbing updates, exterior remodeling, and landscaping. Unit 2034, featuring 2 beds and 1.5 baths, has undergone a complete renovation. The open concept living area is adorned with bright, oversized windows. The kitchen is a showstopper with a built-in island doubling as a dining table, newer stainless steel appliances, a tasteful herringbone backsplash, and ample storage. Both bathrooms boast sleek and modern designs, and the back bedroom provides access to the backyard through a sliding glass door. With newer HVAC, water heater, windows, and more, this unit is turn-key. Unit 2032, slightly larger with 2 beds and 1 bath, retains its charming Spanish character. Beautiful archways, a Batchelder-style fireplace, and original hardwood floors beneath the carpet await restoration. The backyard is perfect for relaxation and entertaining, featuring decomposed granite for low-maintenance landscaping. Two one-car garages have been drywalled and finished, offering versatile use as office space or storage. ADU potential presents an additional option, suitable for an owner-occupant or as a rental opportunity. Situated in a great mid-city location near Jurassic Magic, Johnny's Pastrami, Highly Likely, and just down the street from Palm Grove Social for your morning coffee. Palm Grove is a dream for owner-users, tenants and landlords alike! **Property qualifies for a reduced interest rate for owner occupants with the Community Lending Program.
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FeaturesGeneralInterior Features OpenFloorplan
Sewer Other
Heating Central
Cooling CentralAir WallWindowUnits
Appliances Dishwasher Disposal Range Refrigerator Dryer Washer
Zoning LARD2
Garage Spaces 2.0
Architectural Style Spanish
Security Features GatedCommunity
Exclusions Any appliances belonging to tenant in unit 2032. Any personal property of tenants.
Year Built 1923
Tenant Pays Electricity Gas
Stories 1
Levels One
Gross Income 0.0
Community Features Gated
County Los Angeles
Net Operating Income 0.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions S of Washington
City Los Angeles
Disclosures RentControl
View Y/N N
Senior Community Y/N N
Total Units 2
MLS Area C16 - Mid Los Angeles
Lot Size Square Feet 5801.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 2
Street Name Palm Grove
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Virtual Tour https://ListingZen.com/property/4766/mls
Days on Market 47
Standard Status Active
Occupancy Description Tenant
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InteriorFlooring Laminate
Fireplace Features LivingRoom
Total Stories 0
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features DoublePaneWindows
Fireplace Y/N Y
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Avenue
Total Bedrooms 4
Electric On Property Y/N N
Total Baths 3
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ExteriorParking Features DoorMulti Driveway Garage
Lot Features BackYard FrontYard
Total Parking 2.0
Lot Size Area 5801.0
Number of Buildings 1
Spa N
Building Area Total 2102.0
Lot Size Acres 0.1332
Lot Size Units SquareFeet
Door Features SlidingDoors
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByTrg Realty Company, Inc.Broker
Affordability Calculator
- Monthly Principal & Interest
- $9,046
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,999,871
Percent of Sale Price 54%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
2/1/2024 | $1,295,000 | | Listed Price |