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2911 S Palm Grove Avenue
Triplex 
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2911 S Palm Grove Avenue 
$1,225,000
Offered at
Los Angeles, CA 90016
Los Angeles County
9
Beds
5
Baths
3,960
Sq Ft
5,201
Lot Sq Ft
1930
Year Built
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)…
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.
Facts & Features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
- Full bathrooms: 5
Cooling
- Has cooling: No
Features
- Has fireplace: No
Interior area
- Total interior livable area: 3,960 sqft
Property
Parking
- Total spaces: 1
- Garage spaces: 1
Features
- Stories: 2
- Has private pool: No
- Has view: No
Lot
- Size: 0.12 Acres
- Features: Zero To One Unit Acre
Details
- Parcel number: 5057026028
Construction
Type & style
- Home type: Residential
- Property subtype: Triplex
Condition
- Year built: 1930
Location
Mike Zwarg
Broker / Owner
951-528-0626
mike@mzhomes.us
mike@mzhomes.us
Listing Office: Lyon Stahl Investment Real Estate, Inc. · Listing Agent: Aaron Jacobson · 310-729-1559 · CRMLS
The property listing information on this website comes in part from the California Regional Multiple Listing Service (CRMLS) via Internet Data Exchange (IDX). Information is deemed reliable but is not guaranteed accurate by the MLS, and all properties are subject to prior sale, change, or withdrawal. This data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than identifying properties consumers may be interested in purchasing. Buyers should independently verify all information, including square footage, lot size, schools, and property condition.
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2911 S Palm Grove Avenue, Los Angeles, CA 90016
951-528-0626
mike@mzhomes.us
mzhomes.us
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