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2419 S Palm Grove Ave, Los Angeles, CA 90016
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2419 S Palm Grove Ave Los Angeles, CA 90016

$1,025,000
  • 6 Beds
  • 3 Baths
  • 1,800 Sq.Ft.
For Sale
$1,025,000 Get Pre-Qualified
Map preview of 2419 S Palm Grove Ave, Los Angeles, CA 90016

Property Overview: 2419 S Palm Grove Ave Los Angeles, CA has 6 bedrooms, 3 bathrooms, 1,800 living square feet and 5,500 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: Incredible opportunity to own an income property. Both units are two bedrooms and one bathroom with a washer and dryer in the kitchen each unit, ample driveway parking, and two car carport. The property is being sold in as-is- condition, one unit will be delivered vacant at COE. Unit 2421 AC central and ceiling fan in bedrooms

Listed by Jesus T. Salvador | BRE #01817262 | R & R Realty
Last checked: 10 minutes ago | Last updated: April 17th, 2024 | Source CRMLS | DOM: 360
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Home details

Lot Sq. Ft
5,500
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
23255351
City
Los Angeles
County
Los Angeles
Time on Site
399 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: $1,000
  • Gross Operating Income: $31,400
Annual Expense Breakdown
  • Total Operating Expense: --
  • Maintenance: $1,000

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Property Details for 2419 S Palm Grove Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Natural Gas, Wall Furnace
Room Information
  • Flooring: Wood, Tile
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
  • Window Features: Screens
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Carport, Driveway, Assigned
Property Information
  • Has View
  • Total # of Units: 2
  • Parcel Number: 5057002018
  • Architectural Style: Spanish
  • Property Condition: Updated/Remodeled
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: See Google map
View more facts & features

Local Los Angeles Agent

Sale History for 2419 S Palm Grove Ave

Last sold for $263,000 on September 8th, 2009

  • March, 2023

  • Mar 29, 2023

    Date

    Active

    CRMLS: 23255351

    $1,100,000

    Price

  • September, 2009

  • Sep 8, 2009

    Date

    Sold (Public Records)

    Public Records

    $263,000

    Price

  • June, 2008

  • Jun 4, 2008

    Date

    Sold (Public Records)

    Public Records

    $403,750

    Price

Show More

Tax History for 2419 S Palm Grove Ave

Assessed Value (2020): $310,405
Year Land Value Improved Value Assessed Value
2020 $236,053 $74,352 $310,405

Home Value Compared to the Market

This property vs the competition

2419 S Palm Grove Ave is listed 16.33% lower 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 $569.44 per/sqft which puts the price per square foot 26.43% lower than the median price per square foot for the city of Los Angeles.

About 2419 S Palm Grove Ave

Detailed summary of property

2419 S Palm Grove Ave is a multi family located in Los Angeles, CA 90016 and is currently for sale. This multi family property offers 6 bedrooms, 3 bathrooms, roughly 1,800 living square feet, and sits on an approximately 5,500 square foot lot. 2419 S Palm Grove Ave was first listed on ArdentRealEstateGroup.com on March 29, 2023. The homeowner is currently asking $1,025,000 and was originally asking $1,100,000. 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 16.33% lower than the median priced home. Local competing homes currently for sale include 3428 S Bronson Ave, 2701 S Cloverdale Ave and 2045 S Burnside Ave. While the average home in Los Angeles, CA is selling in 96 days, 2419 S Palm Grove Ave has a days on market of 360 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 2419 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 2419 S Palm Grove Ave

Public county record property details
Beds
2
Baths
2
Year built
1923
Sq. Ft.
1,800
Lot Size
5,499
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
316,317
APN
5057-002-018

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
$1,150,000
Median List Price/Sq.Ft.
$748
Median Sold Price
$885,000
Median Sold Price/Sq.Ft.
$699
Total Inventory
74
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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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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