2116 S Palm Grove AVE Los Angeles, CA 90016

2116 S Palm Grove AVE, Los Angeles, CA, 90016

$1,297,777

For Sale

$1,297,777

Well-maintained five-unit apartment building with recently renovated units and unique construction.

Property Size5,000 SF

Price / SF$259.56

AddedJun 26

Days on Market21

Last RefreshJul 16 at 10:30 am

Property Features for 2116 S Palm Grove AVE

General Information

Standard status: Active
Size: 5,000 SF
Property subtype: MULTI_FAMILY

Building Details

Year Built: 1924

Listing office Century 21 Allstars

Listing date Jun 26, 2026

Source Milsteinestates

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Allstars

Investment Insights

Based on property information with market context.

This well-maintained five-unit apartment building offers over 5,000 square feet of unique construction. The property is configured as five separate rental units, with two units recently fully renovated. Overall, the building presents as an updated multifamily option within a smaller, manageable unit count.

The property is located in Mid City, described in the remarks as being positioned in a high-growth rental corridor extending from Downtown Los Angeles toward Culver City’s tech hub. The neighborhood is characterized in the provided information as experiencing rapid multifamily development, which can support ongoing demand for rental housing in the area.

For investors or owner-operators, the mix of a maintained building plus two recently renovated units may help simplify near-term property presentation and unit turn strategy. With five units, the asset offers a balance between scale and hands-on ownership compared with larger complexes, while still providing multiple income-producing units. Prospective buyers should review the current unit configuration and renovation details during due diligence to confirm how the improvements align with their operating plans.

Key Highlights

Well‑maintained five‑unit apartment building
Year built: 1924
Over 5,000 sq ft of unique construction

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

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