Partially Renovated Apartment
For Sale
$1,297,777
2116 S Palm Grove Avenue, Los Angeles, CA 90016
Los Angeles, CA
Property SizeContact for details
Lot Size0.13 Acres
Days on Market65
Property Features for 2116 S Palm Grove Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Bedrooms
7
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 5, Bathroom 1, Bedroom 5, Bedroom 3, Bedroom 4, Bathroom 4, Bathroom 3, Bedroom 1, Bedroom 6, Bathroom 2, Bedroom 7, Bedroom 2
Parking
3
Lot features
2-5 Units/ Acre
Directions
W 21st St/S Palm Grove Ave
Subdivision
C16 - Mid Los Angeles
Standard status
Active
APN
5061024001
Lot size
0.13 Acres
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1924
Floors in Building
2
Number of units
5
Listing Agency:
Century 21 Allstars · Century 21 Real Estate
(562) 863-2121
Listed By:
Gustavo Islas · License #00956639
(562) 756-5391
Added: Jun 26
Changed: Aug 29
Last Checked: Aug 29 at 5:06PM
MLS# DW26140036
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This five-unit apartment building, constructed in 1924, contains over 5000 square feet on a 0.1296-acre parcel. Two units were recently fully renovated, while the property includes five bedrooms and five bathrooms in the available room details.
The property is located at 2116 S Palm Grove Avenue in Los Angeles, California 90016. Public water and public sewer serve the site. The building’s five-unit configuration and renovation work provide a clear basis for evaluating the property as a multifamily asset.
The property is located at 2116 S Palm Grove Avenue in Los Angeles, California 90016. Public water and public sewer serve the site. The building’s five-unit configuration and renovation work provide a clear basis for evaluating the property as a multifamily asset.
Key Highlights
- Five‑unit apartment building constructed in 1924
- Over 5000 square feet of building area
- Two units recently fully renovated
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
1,263
Businesses Nearby
Explore this area
Business Placement
Demographics for 90016, CA
46,512
Population
19,529
Households
2.4
Avg Household Size
37
Median Age
32%
College-Educated
79%
High-School Grad
3.6 sq mi
ZIP Area
12,920
Density / Sq Mi
$71,067
Median Household Income
$42,292
Median Earnings
$1,729
Median Rent
$919,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Five-unit multifamily property with two recently renovated residences and public water and sewer service.
Where is this apartment building located?
The property is located at 2116 S Palm Grove Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,297,777.
What are key features of this property?
This property features: Five‑unit apartment building constructed in 1924; Over 5000 square feet of building area; Two units recently fully renovated
