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2104 Park Grove Ave, Los Angeles, CA 90007
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2104 Park Grove Ave Los Angeles, CA 90007

$1,350,000
  • 12 Beds
  • 7 Baths
  • 4,052 Sq.Ft.
For Sale
$1,350,000 Get Pre-Qualified
Map preview of 2104 Park Grove Ave, Los Angeles, CA 90007

Property Overview: 2104 Park Grove Ave Los Angeles, CA has 12 bedrooms, 7 bathrooms, 4,052 living square feet and 6,851 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: We are pleased to present 2104 Park Grove in the USC Patrol Zone, in a great pocket just north of campus. 2104 Park Grove Ave is a 6 unit value add opportunity, with a potential ADU development, and a robust student demographic offering a unique value-added opportunity. 1 two bedroom unit will be delivered vacant at the close of escrow. With student housing in the surrounding neighborhood, the subject property offers an investor the ability to capitalize on the student renter demographic creating significant upside potential. The property is just north of the USC Campus and the USC Village, which includes a variety of shops, dining, an amenities, such as Starbucks, Trader Joes, Sunlife Organics, Corepower Yoga, Target, and many more offerings making the area amenity rich for tenants. Call Listing agents for an Offering Memorandum.

Listed by Peter James | BRE #01748556 | Lyon Stahl Investment Real Estate, Inc.
Co-listed by William James | BRE #01734419 | Lyon Stahl Investment Real Estate, Inc.
Last checked: 13 minutes ago | Last updated: April 2nd, 2024 | Source CRMLS | DOM: 32
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Home details

Lot Sq. Ft
6,851
HOA Dues
$0/mo
Year built
1895
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24372657
City
Los Angeles
County
Los Angeles
Time on Site
39 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,348
  • Total Rent: $2,696
  • Pro Forma/Market Rent: $5,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,200
  • Total Rent: $3,200
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,350
  • Total Rent: $2,350
  • Pro Forma/Market Rent: $2,350
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $488
  • Total Rent: $488
  • Pro Forma/Market Rent: $1,450
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $861
  • Total Rent: $861
  • Pro Forma/Market Rent: $1,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.33%
  • Gross Rent Multiplier: 11.73
  • Gross Scheduled Income: --
  • Net Operating Income: $69,716
  • Gross Operating Income: $116,673
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 2104 Park Grove Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Kitchen Information
  • Has Appliances
  • Gas Oven, Gas Range
Interior Features
  • Levels: Two
  • Security Features: Gated Community, Smoke Detector(s), Carbon Monoxide Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Driveway, Unassigned
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 6
  • Parcel Number: 5124031002
  • Architectural Style: Craftsman
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: On Park Grove, north of 23rd and East of Hoover
View more facts & features

Local Los Angeles Agent

Sale History for 2104 Park Grove Ave

Last sold for $695,570 on August 27th, 2010

  • March, 2024

  • Mar 25, 2024

    Date

    Active

    CRMLS: 24372657

    $1,350,000

    Price

  • August, 2010

  • Aug 27, 2010

    Date

    Sold (Public Records)

    Public Records

    $695,570

    Price

  • April, 2006

  • Apr 21, 2006

    Date

    Sold (Public Records)

    Public Records

    $750,000

    Price

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Tax History for 2104 Park Grove Ave

Assessed Value (2020): $505,054
Year Land Value Improved Value Assessed Value
2020 $351,789 $153,265 $505,054

Home Value Compared to the Market

This property vs the competition

2104 Park Grove Ave is listed 10.2% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $333.17 per/sqft which puts the price per square foot 56.95% lower than the median price per square foot for the city of Los Angeles.

About 2104 Park Grove Ave

Detailed summary of property

2104 Park Grove Ave is a multi family located in Los Angeles, CA 90007 and is currently for sale. This multi family property offers 12 bedrooms, 7 bathrooms, roughly 4,052 living square feet, and sits on an approximately 6,851 square foot lot. 2104 Park Grove Ave was first listed on ArdentRealEstateGroup.com on March 25, 2024. The homeowner is currently asking $1,350,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 10.2% higher than the median priced home. Local competing homes currently for sale include 1324 Toberman St, 1320 W 17th St and 1702 S Hoover St. While the average home in Los Angeles, CA is selling in 96 days, 2104 Park Grove Ave has a days on market of 32 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 2104 Park Grove Ave Los Angeles, CA 90007 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2104 Park Grove Ave

Public county record property details
Beds
6
Baths
4
Year built
1895
Sq. Ft.
4,052
Lot Size
6,848
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
2
APN
5124-031-002

The source for these homes facts are from public records.

90007 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,000,000
Median List Price/Sq.Ft.
$616
Median Sold Price
$710,000
Median Sold Price/Sq.Ft.
$645
Total Inventory
10
Median Sale to List Price %
94.79%
Avg Days on Market
63
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Recently Sold Homes Near 2104 Park Grove Ave

1965 Park Grove Ave, Los Angeles, CA 90007
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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.

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