2017 S Palm Grove Ave, Los Angeles, CA 90016
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2017 S Palm Grove Ave Los Angeles, CA 90016

$1,307,500 Sold Price as of 07/28/2021
  • 4 Beds
  • 2 Baths
  • 2,128 Sq.Ft.
Sold
$1,307,500 Sold Price as of 07/28/2021 Refinance Your Mortgage

Map preview of 2017 S Palm Grove Ave, Los Angeles, CA 90016

Property Overview: 2017 S Palm Grove Ave Los Angeles, CA has 4 bedrooms, 2 bathrooms, 2,128 living square feet and 5,800 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Presenting 2017 & 2019 S. Palm Grove Ave., Los Angeles. A fully renovated duplex, located in the heart of Mid-City Heights. Live in one unit and rent out the other for the price of one house! This property features an open floorplan in both units with on-trend finishes with no expense spared. New roof, plumbing, floors, kitchen, kitchen appliances, baths, electrical, electric panels, AC units, windows, doors, and so much more. Huge upside potential by converting the detached garage into an ADU. The proposed plan to convert the detached garage and the bonus room into an ADU is under $78,000. Both units feature a large master bedroom with walk-in closets and direct access to the outdoor deck. Huge attic space that can potentially be converted into a second-story living area. Both units have their own laundry hookups, separate electric, gas, and water meters. There is a bonus room next to the garage which is perfect for a home office, gym, storage, or guest room. Plenty of parking on the driveway and open parking spaces in front of the house. Excellent neighborhood, just minutes from The Grove, Culver City, and Downtown LA. Priced to sell fast!

Listed by Philip Kang | BRE #01862860 | Compass Newport Beach
Last checked: 2 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 3

Home details

Lot Sq. Ft
5,800
HOA Dues
$0/mo
Year built
1922
Garage
1 Car
Property Type:
Duplex
Status
Sold
MLS#
PW21123592
City
Los Angeles
County
Los Angeles
Time on Site
1075 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
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: $3,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $73,200
  • Net Operating Income: $54,075
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $19,125
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $14,660
  • Trash: $480
  • Insurance: $2,000
  • Water/Sewer: $145
  • Other Expenses: $1,840
  • Other Expense Description: General

Property Details for 2017 S Palm Grove Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, Inside, Washer Hookup
Fireplace Information
  • Has Fireplace
  • Family Room
Room Information
  • Flooring: Vinyl
  • Den, Family Room, Galley Kitchen, Kitchen, Laundry, Main Floor Bedroom, Main Floor Master Bedroom, Master Bedroom, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Oven, Gas Range, Range Hood, Tankless Water Heater
Interior Features
  • Open Floorplan, Recessed Lighting, Storage
  • Levels: One
  • Window Features: Double Pane Windows
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Shingle
  • Has Fence
  • Chain Link, Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Direct Garage Access, Driveway, Concrete, Garage
Lot Information
  • Lot Features: Front Yard, Garden, Rectangular Lot, Value In Land, Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5061016015
  • Year Built Source: Assessor
  • Architectural Style: Craftsman
  • Foundation Details: Raised
  • Property is not Attached
  • Accessibility Features: 2+ Access Exits
  • Property Condition: Turnkey, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer, Sewer Assessments
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments, Sewer Assessments
Location / Neighborhood
Location Information
  • Directions: North on S. La Brea, Right on W Washington, Right on S Palm Grove
  • Road Frontage Type: City Street
  • Road Surface Type: Gravel
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

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Sale History for 2017 S Palm Grove Ave

Last sold for $1,307,500 on July 28th, 2021
  • July, 2021

  • Jul 29, 2021

    Date

    Sold

    CRMLS: PW21123592

    $1,307,500

    Price

  • Jun 16, 2021

    Date

    Pending

    CRMLS: PW21123592

    $1,239,000

    Price

  • Jun 8, 2021

    Date

    Active

    CRMLS: PW21123592

    $1,239,000

    Price

  • June, 2021

  • Jun 7, 2021

    Date

    Canceled

    CRMLS: PW21103258

    $1,299,000

    Price

  • May 14, 2021

    Date

    Active

    CRMLS: PW21103258

    $1,299,000

    Price

  • May 14, 2021

    Date

    Coming Soon

    CRMLS: PW21103258

    $1,299,000

    Price

  • Listing provided courtesy of CRMLS

    Presenting 2017 & 2019 S. Palm Grove Ave., Los Angeles. Bringing you an elevated lifestyle in Mid-City Heights. This fully renovated duplex features an open floorplan in both units with on-trend finishes with no expense spared. New roof, plumbing, floors, kitchen, baths, electrical, electric panels, AC units, doors, and so much more. Both units feature a large master bedroom with walk-in closets and direct access to the outdoor deck. There is a detached garage and a bonus room next to the garage which can be converted into a 3rd unit / ADU. Spacious backyard and a stunning new driveway which can easily park 4 cars in front of the house with additional parking on the side. Excellent neighborhood, just minutes from The Grove, Culver City, and Downtown LA.

  • June, 2021

  • Jun 3, 2021

    Date

    Canceled

    CRMLS: PW21101745

    $1,299,000

    Price

  • May 14, 2021

    Date

    Active

    CRMLS: PW21101745

    $1,299,000

    Price

  • May 14, 2021

    Date

    Coming Soon

    CRMLS: PW21101745

    $1,299,000

    Price

  • Listing provided courtesy of CRMLS

    Presenting 2017 & 2019 S. Palm Grove Ave., Los Angeles. Bringing you an elevated lifestyle in Mid-City Heights. This fully renovated duplex features an open floorplan in both units with on-trend finishes with no expense spared. New roof, plumbing, floors, kitchen, baths, electrical, electric panels, AC units, doors, and so much more. Both units feature a large master bedroom with walk-in closets and direct access to the outdoor deck. There is a detached garage and a bonus room next to the garage which can be converted into a 3rd unit / ADU. Spacious backyard and a stunning new driveway which can easily park 4 cars in front of the house with additional parking on the side. Excellent neighborhood, just minutes from The Grove, Culver City, and Downtown LA.

  • January, 2021

  • Jan 4, 2021

    Date

    Sold

    CRMLS: 20647714

    $795,000

    Price

  • Dec 11, 2020

    Date

    Pending

    CRMLS: 20647714

    $895,000

    Price

  • Dec 1, 2020

    Date

    Active Under Contract

    CRMLS: 20647714

    $895,000

    Price

  • Nov 27, 2020

    Date

    Active

    CRMLS: 20647714

    $895,000

    Price

  • Nov 9, 2020

    Date

    Active Under Contract

    CRMLS: 20647714

    $895,000

    Price

  • Nov 3, 2020

    Date

    Active

    CRMLS: 20647714

    $895,000

    Price

  • Oct 28, 2020

    Date

    Active Under Contract

    CRMLS: 20647714

    $895,000

    Price

  • Oct 16, 2020

    Date

    Active

    CRMLS: 20647714

    $895,000

    Price

  • Listing provided courtesy of CRMLS

    Opportunity galore! Located in the best central area Los Angeles has to offer. This duplex maintains it original charm with just the right updates. One unit features 3 bed & 1 bath, updated kitchen, some newer windows, recessed lighting, updated bathroom & newer paint. The second unit is a 2 bed & 1 bath full of character. Detached garage & large backyard perfect to add an ADU or expand the house. Both units will be delivered vacant. Great for owner user or developer!

  • December, 2020

  • Dec 29, 2020

    Date

    Sold (Public Records)

    Public Records

    $795,000

    Price

  • November, 2002

  • Nov 14, 2002

    Date

    Sold (Public Records)

    Public Records

    $285,000

    Price

Show More

Tax History for 2017 S Palm Grove Ave

Assessed Value (2020): $377,415
Year Land Value Improved Value Assessed Value
2020 $198,640 $178,775 $377,415

Home Value Compared to the Market

This property vs the competition

2017 S Palm Grove Ave sold on July 28, 2021 for 4.12% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $582.24 per/sqft which puts the price per square foot 22.88% lower than the current median sale per square foot for the city of Los Angeles.

About 2017 S Palm Grove Ave

Detailed summary of property

2017 S Palm Grove Ave is a duplex that recently sold in Los Angeles, CA 90016. This duplex offered 4 bedrooms, 2 bathrooms, roughly 2,128 living square feet, and sits on an approximately 5,800 square foot lot. 2017 S Palm Grove Ave was first listed on ArdentRealEstateGroup.com on June 8, 2021. The homeowner sold the property for $1,307,500. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 4.12% higher than the current median priced home. Local homes that are currently for sale include 1352 S Longwood Ave, 1325 S Mansfield Ave and 3809 W 30th St. While the average home in Los Angeles, CA is selling in 92 days, 2017 S Palm Grove Ave has a days on market of 3 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 2017 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 2017 S Palm Grove Ave

Public county record property details
Beds
4
Baths
2
Year built
1922
Sq. Ft.
2,128
Lot Size
5,799
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
55
APN
5061-016-015

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
$1,060,000
Median List Price/Sq.Ft.
$740
Median Sold Price
$885,000
Median Sold Price/Sq.Ft.
$699
Total Inventory
76
Median Sale to List Price %
98.44%
Avg Days on Market
30
Loan Type
Conventional (21.05%), FHA (0%), VA (0%), Cash (10.53%), Other (10.53%)

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Related Resources to 2017 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.