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2216 S Palm Grove Ave, Los Angeles, CA 90016
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2216 S Palm Grove Ave Los Angeles, CA 90016

$1,320,000 Sold Price as of 09/24/2020
  • 7 Beds
  • 7 Baths
  • -- Sq.Ft.
Sold
$1,320,000 Sold Price as of 09/24/2020 Refinance Your Mortgage
Map preview of 2216 S Palm Grove Ave, Los Angeles, CA 90016

Property Overview: 2216 S Palm Grove Ave Los Angeles, CA has 7 bedrooms, 7 bathrooms, -- living square feet and 5,027 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Newer Construction (2018) townhouse Duplex conveniently located in Mid-City. Great opportunity to have this as an investment or live in one unit while the other unit is rented. Both units feature open floor plan, kitchens with quartz countertops & stainless steel appliances complimented with convenient upstairs in-unit laundry, recessed lighting and wood and tile flooring throughout. Other amenities that add to the comfort of these nicely appointed apartment homes include double-paned windows, HVAC & garage parking with an extra guest parking along the driveway. Front unit has 3 bedrooms, and 3 baths with expansive Master Suite & ensuite bath. Rear unit has 4 bedrooms and 4 baths. No rent control.The 4 bedroom is currently rented at $4150 and the 3 bedroom unit is vacant. Call today for addititonal info!

Listed by Scott Goshorn | BRE #01964409 | Rodeo Realty - Beverly Hills
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 67

Home details

Lot Sq. Ft
5,027
HOA Dues
$0/mo
Year built
2018
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20583626
City
Los Angeles
County
Los Angeles
Time on Site
1220 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 4
  • Furnishing: Unfurnished
  • Actual Rent: $4,150
  • Total Rent: $4,150
  • Pro Forma/Market Rent: $4,150
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.6
  • Gross Scheduled Income: --
  • Net Operating Income: $74,475
  • Gross Operating Income: $95,940
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2216 S Palm Grove Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Forced Air
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
  • Refrigerator
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Garage, Garage - Single Door
Property Information
  • Total # of Units: 2
  • Parcel Number: 5061025004
  • Architectural Style: Traditional
Location / Neighborhood
Location Information
  • Directions: East La Brea South of Washington. La Brea to 21st to Palm Grove
View more facts & features

Local Los Angeles Agent

Sale History for 2216 S Palm Grove Ave

Last leased for $3,395 on May 14th, 2021

  • May, 2021

  • May 17, 2021

    Date

    Leased

    CRMLS: 20649370

    $3,395

    Price

  • Nov 12, 2020

    Date

    Pending

    CRMLS: 20649370

    $3,395

    Price

  • Oct 26, 2020

    Date

    Price Change

    CRMLS: 20649370

    $3,395

    Price

  • Oct 21, 2020

    Date

    Active

    CRMLS: 20649370

    $3,600

    Price

  • Listing provided courtesy of CRMLS

    Completely upgraded 2018 built townnome situated on palm tree-lined Palm Grove Avenue. This sun-filled three bedroom/three bathroom townhome features hardwood floors, recessed lighting, and central air & heat. The fully upgraded kitchen features Quartz countertops, stainless steel appliances, modern fixtures, gas stove & ample cabinet space. Additional bonuses include a side by side washer/dryer in-unit, double pane windows, and a private garage+driveway parking. Prime location with easy access to Downtown Culver City, new restaurants/cafes (Mizlala, Alta, Adams Coffee Shop), farmers markets, Sprouts, and easy access to the 10 Freeway.

  • September, 2020

  • Sep 25, 2020

    Date

    Sold

    CRMLS: 20583626

    $1,320,000

    Price

  • Sep 10, 2020

    Date

    Pending

    CRMLS: 20583626

    $1,398,000

    Price

  • Aug 11, 2020

    Date

    Active Under Contract

    CRMLS: 20583626

    $1,398,000

    Price

  • Jun 4, 2020

    Date

    Active

    CRMLS: 20583626

    $1,398,000

    Price

  • September, 2020

  • Sep 23, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,320,000

    Price

  • June, 2020

  • Jun 4, 2020

    Date

    Canceled

    CRMLS: 20569994

    $1,450,000

    Price

  • Apr 14, 2020

    Date

    Active

    CRMLS: 20569994

    $1,450,000

    Price

  • Listing provided courtesy of CRMLS

  • April, 2020

  • Apr 2, 2020

    Date

    Canceled

    CRMLS: 19532114

    $3,295

    Price

  • Mar 20, 2020

    Date

    Price Change

    CRMLS: 19532114

    $3,295

    Price

  • Feb 5, 2020

    Date

    Price Change

    CRMLS: 19532114

    $3,495

    Price

  • Nov 22, 2019

    Date

    Active

    CRMLS: 19532114

    $3,695

    Price

  • Listing provided courtesy of CRMLS

    Large 3Bed/3Bath duplex available in Mid-City! Open floor plan with the kitchens fitted with quartz countertops & stainless steel appliances! Convenient upstairs in-unit laundry, recessed lighting and wood and tile flooring throughout the unit! SS package including fridge, oven, microwave and dishwasher! Central AC/Heat with double-paned windows, garage and driveway parking!

  • November, 2019

  • Nov 20, 2019

    Date

    Canceled

    CRMLS: 19516938

    $4,500

    Price

  • Oct 25, 2019

    Date

    Price Change

    CRMLS: 19516938

    $4,500

    Price

  • Oct 23, 2019

    Date

    Active

    CRMLS: 19516938

    $5,100

    Price

  • Oct 14, 2019

    Date

    Hold

    CRMLS: 19516938

    $5,100

    Price

  • Oct 3, 2019

    Date

    Active

    CRMLS: 19516938

    $5,100

    Price

  • Listing provided courtesy of CRMLS

    Spacious, newly constructed, 4 bedroom/4 bath townhome style unit features recessed lighting, hardwood floors, open floorplan with stylish kitchen living, dining, and bathroom on the main level. Upstairs there are four bedrooms (two en suite), three bathrooms, laundry room and center hall. All bathrooms have tubs. ALL APPLIANCES INCLUDED (Stainless steel fridge, range/oven (gas), microwave, and washer/dryer). Central AC and Heat. Two car attached garage. Centrally located in Mid City LA. This units is a great find and has great space. Should be available for October 15 move in. Application required fro each occupant over 18 with bank statements, paystubs, and credit/background check.

  • November, 2019

  • Nov 20, 2019

    Date

    Canceled

    CRMLS: 19516398

    $3,795

    Price

  • Oct 25, 2019

    Date

    Price Change

    CRMLS: 19516398

    $3,795

    Price

  • Oct 23, 2019

    Date

    Active

    CRMLS: 19516398

    $3,750

    Price

  • Oct 14, 2019

    Date

    Hold

    CRMLS: 19516398

    $3,750

    Price

  • Oct 3, 2019

    Date

    Active

    CRMLS: 19516398

    $3,750

    Price

  • Listing provided courtesy of CRMLS

    Spacious, newly constructed, 3 bedroom/3 bath townhome style unit features recessed lighting, hardwood floors, open floorplan with stylish kitchen living, dining, and bathroom on the main level. Upstairs there are three good size bedrooms (one en suite), two bathrooms, laundry room and center hall. All bathrooms have tubs. ALL APPLIANCES INCLUDED (Stainless steel fridge, range/oven (gas), microwave, and washer/dryer). Central AC and Heat. Two car attached garage. Centrally located in Mid City LA. This units is a great find and has great space. Should be available for October 15 move in. Application required fro each occupant over 18 with bank statements, paystubs, and credit/background check.

  • September, 2019

  • Sep 30, 2019

    Date

    Sold

    CRMLS: 19465958

    $1,150,000

    Price

  • Jul 26, 2019

    Date

    Active Under Contract

    CRMLS: 19465958

    $1,150,000

    Price

  • Jul 17, 2019

    Date

    Price Change

    CRMLS: 19465958

    $1,150,000

    Price

  • May 16, 2019

    Date

    Active

    CRMLS: 19465958

    $1,395,000

    Price

  • Listing provided courtesy of CRMLS

    Excellent investment opportunity! This newly remodeled duplex, located in Mid-City, features open floor plans, pristine kitchens with quartz counter-tops & stainless steel appliances, bright recess lighting, and wood & tile flooring throughout both units. These modern units also feature an HVAC system, in-unit laundry closets, double-pane windows, and extra guest parking along the driveway. Front unit has 3 bedrooms/ 3 baths with expansive master suite & en-suite bath. Back unit has 4 bedrooms and 4 baths. Property will be delivered vacant at close of escrow.

  • September, 2019

  • Sep 27, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,150,000

    Price

Show More

Tax History for 2216 S Palm Grove Ave

Assessed Value (2020): $1,150,000
Year Land Value Improved Value Assessed Value
2020 $650,000 $500,000 $1,150,000

Home Value Compared to the Market

This property vs the competition

2216 S Palm Grove Ave sold on September 24, 2020 for 17.48% higher than the current median sold price for the city of Los Angeles which is $1,190,000.

About 2216 S Palm Grove Ave

Detailed summary of property

2216 S Palm Grove Ave is a multi family that recently sold in Los Angeles, CA 90016. This multi family property offered 7 bedrooms, 7 bathrooms, roughly -- living square feet, and sits on an approximately 5,027 square foot lot. 2216 S Palm Grove Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,320,000. 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 17.48% higher than the current median priced home. Local homes that are currently for sale include 1430 S Orange Dr, 2747 S Mansfield Ave and 2720 S Sycamore Ave. While the average home in Los Angeles, CA is selling in 94 days, 2216 S Palm Grove Ave has a days on market of 67 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 2216 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 2216 S Palm Grove Ave

Public county record property details
Beds
7
Baths
7
Year built
2017
Sq. Ft.
3,375
Lot Size
4,948
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
344,345
APN
5061-025-004

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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Recently Sold Homes Near 2216 S Palm Grove Ave

2116 S Palm Grove Ave, Los Angeles, CA 90016
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5 Baths
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2116 S Palm Grove Ave
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2100 S Harcourt Ave, Los Angeles, CA 90016
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2 Beds
2 Baths
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$1,520,000 Last Sold Price
6 Beds
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2042 S Palm Grove Ave, Los Angeles, CA 90016
$905,000 Last Sold Price
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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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