Search
Apartment Building
New
For Sale
$1,200,777

2116 S Palm Grove Avenue, Los Angeles, CA 90016

Los Angeles, CA

Property SizeContact for details
Lot Size0.13 Acres
Days on Market2

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 Bedroom 1, Bathroom 4, Laundry Room, Bathroom 1, Bathroom 5, Bedroom 3, Bedroom 5, Bedroom 4, Bedroom 7, Bedroom 6, Bathroom 2, Bedroom 2, Bathroom 3
Parking 3
Lot features 2-5 Units/ Acre
Directions Palm Grove Ave/ W. 21st St
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
Listed By: Gustavo Islas · License #00956639
Added: Oct 14 Last Checked: Oct 15 at 12:06AM
MLS# DW26223537

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.

Located at 2116 S Palm Grove Avenue in Los Angeles, this apartment property was built in 1924 and occupies a 0.1296-acre lot. The room inventory lists seven bedrooms and five bathrooms.

The property is served by public water and public sewer.

Key Highlights

  • Built in 1924
  • 0.1296‑acre lot
  • Room inventory lists 7 bedrooms and 5 bathrooms

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Travel Agency Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,263
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Public water and sewer service serve the property.
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 $1,200,777.
What are key features of this property?
This property features: Built in 1924; 0.1296‑acre lot; Room inventory lists 7 bedrooms and 5 bathrooms
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again