2116 S Palm Grove Ave Los Angeles, CA ^$ 1,350,777

2116 S Palm Grove Ave

^$ 1,350,777

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2116 S Palm Grove Ave

Los Angeles, CA, 90016

^$ 1,350,777

Studio Baths1.0 Sq 5,075

Monthly Estimate*

^$ 8,317

Listed by Century 21 Allstars

2116 S Palm Grove Ave, Los Angeles, CA 90016 - Image 1

2116 S Palm Grove Ave, Los Angeles, CA 90016 - Image 2

2116 S Palm Grove Ave, Los Angeles, CA 90016 - Image 3

2116 S Palm Grove Ave, Los Angeles, CA 90016 - Image 4

2116 S Palm Grove Ave, Los Angeles, CA 90016 - Image 5

2116 S Palm Grove Ave, Los Angeles, CA 90016 - Image 6

2116 S Palm Grove Ave, Los Angeles, CA 90016 - Image 7

2116 S Palm Grove Ave, Los Angeles, CA 90016 - Image 8

2116 S Palm Grove Ave, Los Angeles, CA 90016 - Image 9

2116 S Palm Grove Ave, Los Angeles, CA 90016 - Image 10

2116 S Palm Grove Ave, Los Angeles, CA 90016 - Image 11

2116 S Palm Grove Ave, Los Angeles, CA 90016 - Image 12

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,350,777 with 1 full bath. This 5,075 square foot home was built in 1924 on a lot size of 0.1296.

Welcome to this incredible value in Mid City, Fantastic investment opportunity in the rapidly growing Mid City market! This well-maintained 5 units feature over 5000 square feet of unique construction, creating strong value-add potential, 2 units were recently fully renovated the property is strategically positioned in the most appealing, high growth areas from Downtown L.A. to Culver City's Tech Hub, the neighborhood is experiencing a rapid growth of multifamily development. This property offers amazing tenant convenience Located in a high-demand rental market, this property is ideal for investors seeking steady income and long-term growth.

Multi-Family Active

Price

^$ 1,350,777

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1296

Year Built

1924

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

DW25249249

Days on Market

Features

General

Sewer Public Sewer

Heating None

Cooling None

Garage Spaces 3

Pool Features None

Year Built 1924

Stories Count 2

Levels Two

Property Subtype Mixed Use

Gross Income 94560

Community Features Sidewalks

County Los Angeles

Net Operating Income 0

Operating Expense 0

Insurance Expense 0

New Construction false

Property Type Residential Income

Garage Y/N true

Special Listing Conditions Standard

Status Active

Directions 2116 S Palm grove Ave Los Angeles

City Los Angeles

Entry Location 1

Senior Community Y/N false

Number Of Units Total 5

MLS Area BLDH - Baldwin Hills

Lot Size Units Square Feet

Lot Size Square Feet 5645

Number of Units Leased 5

Listing Terms Cash Conventional

Property Attached Y/N true

Land Lease Y/N false

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N false

Rent Control Y/N true

Building Area Units Square Feet

Standard Status Active

Year Built Source Public Records

Tax Lot 350

Property Sub Type Additional Mixed Use

Interior

Fireplace Features None

Total Stories 2

Common Walls 2+ Common Walls

Air Conditioning Y/N false

Heating Y/N false

Fireplace Y/N false

Laundry Features None

Entry Level 1

Exterior

Lot Features 0-1 Unit/Acre

Water Source Public

Total Parking 3

Lot Size Area 5645

Number of Buildings 1

Building Area Total 5075

Lot Size Acres 0.1296

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 5

Number of Separate Electric Meters 5

* Excluded Features

List By

Century 21 Allstars

Broker

gusislas@msn.com

Affordability Calculator

$8,317

Per Month

Monthly Principal & Interest: $8,317
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,922,506

Percent of Sale Price 42%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/28/2026	$1,350,777	-3.17%	Price Down
1/27/2026	$1,395,000		Listed Price

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2116 S Palm Grove Ave, Los Angeles, CA, 90016 is a Multi-Family Home for sale at $1,350,777 with 5,075 sqft and a lot size of 0.1296. 2116 S Palm Grove Ave is a studio with 1.0 baths and was built in 1924. The property's zip code is 90016 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 2/1/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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2116 S Palm Grove Ave

Multi-Family Home for sale in Los Angeles, CA

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