Triplex with Two Vacant
2911 S Palm Grove AVE Los Angeles, CA 90016
2911 S Palm Grove AVE, Los Angeles, CA, 90016
$1,250,000
For Sale
$1,250,000
Triplex offering two vacant units and one occupied unit, with tenant-ready configurations including 3-, 4-, and 2-bedroom layouts.
Days on Market57
Property Features for 2911 S Palm Grove AVE
General Information
- Standard status
- Active
- Property subtype
- Apartment
Building Details
- Year Built
- 1930
Listing agency
Lyon Stahl Investment Real Estate, Inc.
(310) 729-1559
Listed by
Aaron Jacobson · License #02100737
Source
Rochellemaize
Added: May 27 Updated: Jul 21 at 7:57PM Checked: Jul 22 at 5:03AM
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 Lyon Stahl Investment Real Estate, Inc.
Investment Insights
Based on property information with market context.
This triplex includes three separate units with a mix of layouts. Two units are currently vacant, including a 3 bedroom/1 bathroom unit and a 4 bedroom/3 bathroom unit, while the third unit is occupied and features 2 bedrooms and 1 bathroom.
The property is located in West Adams, with proximity to Culver City, USC, Downtown Los Angeles, and major transportation corridors including the I-10 Freeway and the Metro Expo Line.
The seller notes an estimated stabilized performance once fully rented, including a projected 5.85% cap rate and total scheduled rent of $8,884 based on market rents. The remarks also indicate possible ADU development potential, subject to buyer verification.
The property is located in West Adams, with proximity to Culver City, USC, Downtown Los Angeles, and major transportation corridors including the I-10 Freeway and the Metro Expo Line.
The seller notes an estimated stabilized performance once fully rented, including a projected 5.85% cap rate and total scheduled rent of $8,884 based on market rents. The remarks also indicate possible ADU development potential, subject to buyer verification.
Key Highlights
- Triplex at 2911 S Palm Grove Ae built in 1930, with 2 of 3 units currently vacant and 1 unit occupied.
- Unit mix: vacant 3 bed/1 bath (~1,100 SF) and vacant 4 bed/3 bath (~1,950 SF).
- Occupied unit: 2 bed/1 bath (just under 1,000 SF).
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Triplex - Triplex offering two vacant units and one occupied unit, with tenant-ready configurations including 3-, 4-, and 2-bedroom layouts.
Where is this triplex located?
The property is located at 2911 S Palm Grove AVE Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Triplex at 2911 S Palm Grove Ae built in 1930, with 2 of 3 units currently vacant and 1 unit occupied.; Unit mix: vacant 3 bed/1 bath (~1,100 SF) and vacant 4 bed/3 bath (~1,950 SF).; Occupied unit: 2 bed/1 bath (just under 1,000 SF).
