The Story

2911 South Palm Grove Avenue

Los Angeles, CA 90016 · Condo

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. …


Facts & Features

Property Info

Price
$1,225,000
Completion Year
1,930
Living Space
3,960 sq ft
Floors
2
Bedrooms
9
Bathrooms
5
Garage
1 spaces

Features & Amenities

Garage / Parking

1 space

Water Source

Public

Sewer

Public Sewer

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Listing Broker

Lyon Stahl Investment Real Estate, Inc.

Broker Name

Lyon Stahl Investment Real Estate, Inc.

Agent

Aaron Jacobson