1915 S Palm Grove Ave, Los Angeles, CA 90016
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1915 S Palm Grove Ave Los Angeles, CA 90016

$950,000 Sold Price as of 07/13/2021
  • 5 Beds
  • 3 Baths
  • 3,026 Sq.Ft.
Sold
$950,000 Sold Price as of 07/13/2021 Refinance Your Mortgage

Map preview of 1915 S Palm Grove Ave, Los Angeles, CA 90016

Property Overview: 1915 S Palm Grove Ave Los Angeles, CA has 5 bedrooms, 3 bathrooms, 3,026 living square feet and 6,043 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: North of the 10 Freeway, this three unit apartment building sits on a 6043 Sq. Ft. Lot. 2 units are 2 bedroom and 1 bath each, plus a single. A few blocks away from the Victoria Park Community.

Listed by GERARDO CORONA | BRE #00941523 | DIVERSIFIED WORKS
Last checked: 9 minutes ago | Last updated: June 5th, 2023 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
6,043
HOA Dues
$0/mo
Year built
1930
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
MB21048083
City
Los Angeles
County
Los Angeles
Time on Site
1300 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $2,160
  • Gas/Fuel: $0
  • New Taxes: $12,500
  • Trash: $1,500
  • Insurance: $1,200
  • Water/Sewer: $2,556

Property Details for 1915 S Palm Grove Ave

Interior Features
Laundry Information
  • Has Laundry
  • Washer Hookup
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 5061016006
  • Year Built Source: Public Records
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Washington to Palm Grove
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

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Sale History for 1915 S Palm Grove Ave

Last leased for $4,795 on May 17th, 2023
  • June, 2023

  • Jun 1, 2023

    Date

    Expired

    CRMLS: BB23024924

    $2,995,000

    Price

  • Feb 14, 2023

    Date

    Active

    CRMLS: BB23024924

    $2,995,000

    Price

  • Listing provided courtesy of CRMLS

    1915 S Palm Grove Ave is an ultra-high-end 3-story 5 bedroom, 5 bathroom home in prime Mid-City with a duplex in the rear consisting of two 4 bedroom, 4 bathroom + den townhomes. This is the dream opportunity to live in pure luxury while having tenants in the rear pay your mortgage/produce income! This is also an setup for a family compound. A perfect place for extended family, grown kids, etc! At an amazing price of $2,995,000, you’re buying unmatched quality, a source of huge income, and total ease of maintenance! This property is supercharged with just about every amenity you can think of. Enjoy: Washers & dryers, stainless steel kitchen appliances, countless smart devices throughout, including Nest Thermostats and a stove and hood vent that can be controlled via WiFi, balconies with stunning views, cutting-edge Austrian kitchen cabinets with metal channels, 1/2 inch premium porcelain (stain-resistant) countertops, high-end European walk-in closets with next-level built-ins, 10’-11’ ceilings, walk-in showers, top-notch back framed windows, luxury SPC engineered flooring (water and scratch proof), floating cabinets in all bathrooms, a large rear patio area (that can be privatized), and spacious, open floorplans. You’ll also find some stand-out features that many other new constructions don’t provide: pre-wired Cat-6 internet + HDMI in every room, a 4-camera HD security system, a motorized security driveway gate, 6 permitted parking spaces (2 garage + 4 exterior) and room for 1-2 more cars! Plus, a 1 year builder’s warranty, minimal maintenance, and separate meters for gas, water & electric! Located 7 minutes from Culver City and the countless hotspots in the area, including the trendy Helms Bakery District, the Culver City Steps (Amazon Studios headquarters), Ivy Station (HBO headquarters), and the Cumulus District (Whole Foods).

  • May, 2023

  • May 27, 2023

    Date

    Expired

    CRMLS: BB23017834

    $2,995,000

    Price

  • Feb 1, 2023

    Date

    Active

    CRMLS: BB23017834

    $2,995,000

    Price

  • Listing provided courtesy of CRMLS

    1915 S Palm Grove Ave is an ultra-high-end triplex in prime Mid-City that is elevated to a level of quality and design that exists in upscale new construction homes. At an amazing price of $2,995,000, you’re buying unmatched quality, a projected cap rate of 5.33%, and a product that will provide stress-free ownership for years to come. This is a deal you don’t want to miss! 1915 S Palm Grove is made up of a MASSIVE 3-story 5 bedroom, 5 bathroom SFR and a duplex with two 4 bedroom, 4 bathroom + den tri-level townhomes (1st floor is essentially a large private suite). This is your dream opportunity to buy an investment property that can double as a home. Whether you’re an owner occupier looking to have your mortgage paid by tenants or a savvy investor on the hunt for a property that tenants will die for, this property checks all the boxes. This triplex is supercharged with just about every amenity you can think of. Enjoy: Washers & dryers, stainless steel kitchen appliances, countless smart devices throughout, including Nest Thermostats and a stove and hood vent that can be controlled via WiFi, balconies with stunning views, cutting-edge Austrian kitchen cabinets with metal channels, 1/2 inch premium porcelain (stain-resistant) countertops, high-end European walk-in closets with next-level built-ins, 10’-11’ ceilings, walk-in showers, top-notch back framed windows, luxury SPC engineered flooring (water and scratch proof), floating cabinets in all bathrooms, a large rear patio area (that can be privatized), and spacious, open floorplans. You’ll also find some stand-out features that many other new constructions don’t provide: pre-wired Cat-6 internet + HDMI in every room, a 4-camera HD security system, a motorized security driveway gate, 6 permitted parking spaces (2 garage + 4 exterior) and room for 1-2 more cars! Plus, a 1 year builder’s warranty, minimal maintenance, and separate meters for gas, water & electric! Located 7 minutes from Culver City and the countless hotspots in the area, including the trendy Helms Bakery District, the Culver City Steps (Amazon Studios headquarters), Ivy Station (HBO headquarters), and the Cumulus District (Whole Foods).

  • May, 2023

  • May 17, 2023

    Date

    Leased

    CRMLS: BB23018118

    $4,795

    Price

  • Feb 1, 2023

    Date

    Active

    CRMLS: BB23018118

    $5,295

    Price

  • Listing provided courtesy of CRMLS

    JUST REDUCED! NOW OFFERING 2 WEEKS FREE MOVE-IN SPECIAL OFF OF $4,795! Never-been-lived-in BRAND NEW CONSTRUCTION LUXURY 4 Bedroom 4 Bath townhouse with super spacious den area - think second living room! Every Bedroom has its own bathroom! Fully equipped with Nest Thermostats and other smart devices! Outdoor patio area! You get 2 parking spaces! Everything brand new with designer finishes! You have to see it to believe it! Absolutely stunning Modern Home in the most upcoming pocket of Mid City/West Adams. Live 10 minutes ($10 Uber Ride) from trendy Downtown Culver City + the Culver City Arts District! You're MINUTES from the hippest restaurants + bars in town, like Father's Office, Pasta Sisters, Blue Bottle Coffee, Mandrake, Honey Kettle, CAVA, Bondi Harvest, The Culver Hotel + way way more! Plus just a quick 5 minute drive to the brand new Cumulus District that is home to Whole Foods! This is the PERFECT in-between for any couples/roommates commuting to opposite ends of LA, conveniently located just 2 minutes from the 10 freeway! Other perks this unit has to offer besides the amazing location, privacy + being completely brand new include: 2 Parking Spots, Brand New LG Washer/Dryer, All Brand New LG Stainless Steel Kitchen Appliances, Premium European Kitchen Cabinets, Walk-In Closets w/ Built-Ins, Stunning Black/White Countertops and Kitchen Islands, 11' High Ceilings Designer Tile + Fixtures, 100% Waterproof Flooring, Balconies w/ Stunning Views, Walk-In Rain Showers, Bathroom Vanities, Pre-Wired For Internet + Cable in Every Room, Premium Back-Framed Windows, Central Air Conditioning + Heating, Every Bedroom Has Its Own Bathroom, and Motorized Security Driveway Gate! Available for a March 1st Move-In! We only have two 4 bedrooms available at this property so call to tour!

  • July, 2021

  • Jul 19, 2021

    Date

    Sold

    CRMLS: MB21048083

    $950,000

    Price

  • Mar 29, 2021

    Date

    Active Under Contract

    CRMLS: MB21048083

    $1,000,000

    Price

  • Mar 8, 2021

    Date

    Active

    CRMLS: MB21048083

    $1,000,000

    Price

  • December, 2003

  • Dec 30, 2003

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • June, 2000

  • Jun 6, 2000

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1915 S Palm Grove Ave

Assessed Value (2020): $294,327
Year Land Value Improved Value Assessed Value
2020 $179,177 $115,150 $294,327

Home Value Compared to the Market

This property vs the competition

1915 S Palm Grove Ave sold on July 13, 2021 for 10.71% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $330.47 per/sqft which puts the price per square foot 54.36% lower than the current median sale per square foot for the city of Los Angeles.

About 1915 S Palm Grove Ave

Detailed summary of property

1915 S Palm Grove Ave is a multi family that recently sold in Los Angeles, CA 90016. This multi family property offered 5 bedrooms, 3 bathrooms, roughly 3,026 living square feet, and sits on an approximately 6,043 square foot lot. 1915 S Palm Grove Ave was first listed on ArdentRealEstateGroup.com on March 8, 2021. The homeowner sold the property for $950,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 10.71% lower than the current median priced home. Local homes that are currently for sale include 2305 S Burnside Ave, 5161 W Jefferson Blvd and 5322 Geer St. While the average home in Los Angeles, CA is selling in 106 days, 1915 S Palm Grove Ave has a days on market of 11 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 1915 S Palm Grove Ave Los Angeles, CA 90016 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1915 S Palm Grove Ave

Public county record property details
Beds
4
Baths
2
Year built
1930
Sq. Ft.
3,026
Lot Size
6,043
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
46
APN
5061-016-006

The source for these homes facts are from public records.

90016 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,099,900
Median List Price/Sq.Ft.
$715
Median Sold Price
$1,012,000
Median Sold Price/Sq.Ft.
$691
Total Inventory
81
Median Sale to List Price %
101.2%
Avg Days on Market
35
Loan Type
Conventional (17.65%), FHA (0%), VA (0%), Cash (11.76%), Other (0%)

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Related Resources to 1915 S Palm Grove Ave

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.