2852 S Palm Grove Ave, Los Angeles, CA 90016
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2852 S Palm Grove Ave Los Angeles, CA 90016

$1,200,000 Sold Price as of 06/01/2022
  • 4 Beds
  • 2.5 Baths
  • 2,010 Sq.Ft.
Sold
$1,200,000 Sold Price as of 06/01/2022 Refinance Your Mortgage

Map preview of 2852 S Palm Grove Ave, Los Angeles, CA 90016

Property Overview: 2852 S Palm Grove Ave Los Angeles, CA has 4 bedrooms, 2.5 bathrooms, 2,010 living square feet and 5,205 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Charming duplex just waiting to be your new home and/or investment! Here's your excellent opportunity to own a well-maintained property with endless possibilities! Walk pass the deepest of green and floral privacy hedge and private gates. Follow the saltillo tile walk-way to enter the front unit front door with sidelight windows. Feel the warm embrace from this adorable 2-bedroom, 1 full bath, living room, dining area unit with washer and dryer hookups. The back 2-story unit features spacious 2 bedrooms and 1.5 baths. The bedrooms in this unit are amazingly oversized with spacious closets, the largest of the two bedrooms having extra closet space and a private balcony. Also featured in this unit is a living room, family room, spacious kitchen with ample cabinets, dining area and indoor laundry. At the end of a long-concrete driveway, you will find covered parking for two cars along with an attached large storage unit. What about an ADU? Take a look at a possibility to add an ADU, and still have plenty of parking space to accommodate several cars. And, still have room to enjoy a private backyard perfect for gatherings and celebrations with your friends and family. Each unit has separate water heaters and electrical meters. This is a fabulous property to live in one and rent the other. Located in the heart of one of the most vibrant neighborhood in LA + conveniently located near freeway access and all West Adams Blvd and Jefferson Blvd has to offer, including the Vineyard Rec, Party Beer Co, Highly Likely Cafe and Taqueira Los Anaya.

Listed by Elsa Rios | BRE #00859600 | Beltran & Rios Co.
Last checked: 7 minutes ago | Last updated: June 1st, 2022 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
5,205
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
RS22079876
City
Los Angeles
County
Los Angeles
Time on Site
747 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: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,800
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
  • Trash: $0
  • Insurance: $1,500
  • Water/Sewer: $0

Property Details for 2852 S Palm Grove Ave

Interior Features
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Upper Level, Washer Hookup
Interior Features
  • Balcony
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Chain Link, Masonry, Privacy, Vinyl, Wrought Iron
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Detached Carport, Driveway, Concrete
Lot Information
  • Lot Features: Front Yard, Landscaped
  • Lot Size Source: Public Records
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Total # of Units: 2
  • Parcel Number: 5057016014
  • Year Built Source: Public Records
  • Foundation Details: Raised, Slab
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: South of West Adams Blvd, North of W. Jefferson Blvd and East of S. La Brea Ave
Neighborhood Information
  • Community Features: Curbs
View more facts & features

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Sale History for 2852 S Palm Grove Ave

Last sold for $1,200,000 on June 1st, 2022
  • June, 2022

  • Jun 1, 2022

    Date

    Sold

    CRMLS: RS22079876

    $1,200,000

    Price

  • Apr 19, 2022

    Date

    Active

    CRMLS: RS22079876

    $1,175,000

    Price

Tax History for 2852 S Palm Grove Ave

Assessed Value (2020): $332,872
Year Land Value Improved Value Assessed Value
2020 $206,069 $126,803 $332,872

Home Value Compared to the Market

This property vs the competition

2852 S Palm Grove Ave sold on June 1, 2022 for 1.26% lower 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 $584.58 per/sqft which puts the price per square foot 22.57% lower than the current median sale per square foot for the city of Los Angeles.

About 2852 S Palm Grove Ave

Detailed summary of property

2852 S Palm Grove Ave is a multi family that recently sold in Los Angeles, CA 90016. This multi family property offered 4 bedrooms, 2.5 bathrooms, roughly 2,010 living square feet, and sits on an approximately 5,205 square foot lot. 2852 S Palm Grove Ave was first listed on ArdentRealEstateGroup.com on April 20, 2022. The homeowner sold the property for $1,200,000. 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 1.26% lower than the current median priced home. Local homes that are currently for sale include 1814 S Sycamore Ave, 5346 Smiley Dr and 2546 S Bronson Ave. While the average home in Los Angeles, CA is selling in 94 days, 2852 S Palm Grove Ave has a days on market of 10 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 2852 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 2852 S Palm Grove Ave

Public county record property details
Beds
4
Baths
2
Year built
1923
Sq. Ft.
2,010
Lot Size
5,204
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
535
APN
5057-016-014

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
$1,100,000
Median List Price/Sq.Ft.
$781
Median Sold Price
$885,000
Median Sold Price/Sq.Ft.
$699
Total Inventory
73
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 2852 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.