Triplex with Two Vacant
For Sale
$1,225,000
2911 S Palm Grove AVE, Los Angeles, CA 90016
Two unoccupied apartments provide flexibility alongside an existing tenant.
Property Size3,960 SF
Price / SF$309.34
Days on Market70
Property Features for 2911 S Palm Grove AVE
General Information
Standard status
Active
Size
3,960 SF
Property subtype
MULTI_FAMILY
Site & Location
Neighborhood
West Adams
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 3BR/1BA, 1 x 4BR/3BA, 1 x 2BR/1BA
Multifamily Units
3
Additional Details
Tenant in Place
Yes
Building Details
Building Size
3,960 SF
Year Built
1930
Listing Agency:
Lyon Stahl Investment Real Estate, Inc.
Listed By:
Aaron Jacobson · License #02100737
(310) 729-1559
Source:
Hartleighhaus
Added: Aug 26
Changed: Nov 2
Last Checked: Nov 1 at 7:25AM
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1930-built triplex contains three apartments: one with 3 bedrooms and 1 bathroom, one with 4 bedrooms and 3 bathrooms, and one with 2 bedrooms and 1 bathroom. Two units are vacant; the third is occupied. The property has a projected 6.06% cap rate at market rents once fully leased.
The property is in West Adams, with proximity to Culver City, USC and Downtown Los Angeles. The I-10 Freeway and Metro Expo Line are among the transportation connections identified nearby. ADU construction may be possible, subject to buyer verification.
The property is in West Adams, with proximity to Culver City, USC and Downtown Los Angeles. The I-10 Freeway and Metro Expo Line are among the transportation connections identified nearby. ADU construction may be possible, subject to buyer verification.
Key Highlights
- Two of the three apartments are vacant; one is occupied
- Unit mix includes 3‑bed/1‑bath, 4‑bed/3‑bath and 2‑bed/1‑bath apartments
- Projected 6.06% cap rate at market rents once fully leased
Property Analytics
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,165
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
Frequently Asked Questions
What type of property is this?
Triplex - Two unoccupied apartments provide flexibility alongside an existing tenant.
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 $1,225,000.
What are key features of this property?
This property features: Two of the three apartments are vacant; one is occupied; Unit mix includes 3‑bed/1‑bath, 4‑bed/3‑bath and 2‑bed/1‑bath apartments; Projected 6.06% cap rate at market rents once fully leased
