Triplex with Vacant
For Sale
$1,225,000
2911 S Palm Grove Avenue Los, Los Angeles, CA 90016
Three-unit residential property with two vacant units and one occupied unit, supporting an owner-occupant or rental strategy.
Property SizeContact for details
Days on Market152
Property Features for 2911 S Palm Grove Avenue Los
General Information
Standard status
Active
Property subtype
Apartment
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
Building Details
Year Built
1930
Stories
2
Listing Agency:
Lyon Stahl Investment Real Estate
Listed By:
Aaron Jacobson · License #02100737
(310) 729-1559
Source:
Kw
Added: May 27
Changed: Oct 25
Last Checked: Oct 24 at 8:56PM
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
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Investment Insights
Based on property information with market context.
Built in 1930, this triplex includes three residential units with a mix of two- and three-bedroom layouts. One vacant unit offers 3 bedrooms and 1 bath across 1,100 square feet, while a second vacant unit provides 4 bedrooms and 3 baths within 1,950 square feet. The occupied unit contains 2 bedrooms and 1 bath in just under 1,000 square feet.
The configuration allows an owner-occupant to use one residence while retaining additional units for rental income. Once fully leased at market rents, the property is projected at a 6.06% cap rate. Possible ADU construction is noted, subject to buyer verification.
The property is in West Adams, with proximity to Culver City, USC, Downtown Los Angeles, the I-10 Freeway, and the Metro Expo Line.
The configuration allows an owner-occupant to use one residence while retaining additional units for rental income. Once fully leased at market rents, the property is projected at a 6.06% cap rate. Possible ADU construction is noted, subject to buyer verification.
The property is in West Adams, with proximity to Culver City, USC, Downtown Los Angeles, the I-10 Freeway, and the Metro Expo Line.
Key Highlights
- Triplex built in 1930 with 3 residential units
- Unit mix includes 3 bed/1 bath, 4 bed/3 bath, and 2 bed/1 bath configurations
- Vacant 3 bed/1 bath unit measures 1,100 square feet
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 - Three-unit residential property with two vacant units and one occupied unit, supporting an owner-occupant or rental strategy.
Where is this triplex located?
The property is located at 2911 S Palm Grove Avenue Los 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: Triplex built in 1930 with 3 residential units; Unit mix includes 3 bed/1 bath, 4 bed/3 bath, and 2 bed/1 bath configurations; Vacant 3 bed/1 bath unit measures 1,100 square feet
