REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,549,500
Est. payment /mo
Price Dropped by $25K
2700 S Palm Grove AVE Los Angeles, CA 90016
5 Beds
4 Baths
2,131 SqFt
OPEN HOUSE
Thu Apr 03, 1:00pm - 4:00pm
Sun Apr 06, 1:00pm - 4:00pm
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,131 sqft
Price per Sqft $727
MLS Listing ID 25511633
Bedrooms 5
HOA Y/N No
Year Built 1924
Lot Size 5,201 Sqft
Property Description
PRICE IMPROVEMENT! A brand-new SFR with ADU in the heart of West Adams, one of the city's most vibrant and rapidly evolving neighborhoods. GSI: $105,600; Expenses: $21,425; NOI: $84,175; GRM: 14.67; Cap Rate: 5.43%. Home qualifies for $50,000 grant and special financing through City National Bank. This stunning property offers a 4-bedroom, 3-bathroom front main house and a legal 1-bedroom, 1-bathroom rear ADU, thoughtfully designed for modern living. The main house boasts a spacious open floor plan filled with natural light, highlighted by recessed lighting throughout, a gourmet kitchen with sleek countertops, modern cabinetry, and state-of-the-art appliances. The bedrooms are generously sized, while the stylish bathrooms. Every system in the home has been upgraded, including all-new wiring, outlets, switches, an electrical panel with sub-panels, brand-new HVAC system, new roof, tankless water heaters, and even fire sprinklers. The ADU offers a modern, versatile living space perfect for rental income, a guest house, or a private office, with its own modern amenities and efficient design with polished concrete floors. Outside, the landscaped yard and private driveway provide a tranquil and functional setting. One-car garage can be used as flex space, another office, or storage. Located just minutes from the Expo Line, Crenshaw Line, and major freeways, this home offers easy access to Playa Vista, Santa Monica, Beverly Hills, and Downtown Los Angeles, while nearby dining hotspots such as Tartine, Mizlala, Alta, and Delicious Pizza make West Adams a food lover's paradise. Unbeatable location, impeccable design, and move-in ready. 2700 and 2702 Palm Grove is a rare opportunity to own a completely new home in one of Los Angeles' most sought-after neighborhoods.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LAR2
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Appliance Dishwasher, Disposal, Microwave, Refrigerator
Exterior
Parking Features Door-Single, Driveway, Garage
Building
Story 1
Entry Level One
Architectural Style Contemporary
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5057009002
Special Listing Condition Standard
Listed by Andrew Watkins • Century 21 Masters